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Fair Isaac (Fair Isaac) EBIT

: $663 Mil (TTM As of Dec. 2023)
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Fair Isaac's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $155 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $663 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fair Isaac's annualized ROC % for the quarter that ended in Dec. 2023 was 40.26%. Fair Isaac's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 381.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fair Isaac's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.18%.


Fair Isaac EBIT Historical Data

The historical data trend for Fair Isaac's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fair Isaac Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 255.82 299.18 513.23 540.28 649.17

Fair Isaac Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 140.70 161.37 182.33 164.77 154.75

Competitive Comparison

For the Software - Application subindustry, Fair Isaac's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fair Isaac EV-to-EBIT Distribution

For the Software industry and Technology sector, Fair Isaac's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fair Isaac's EV-to-EBIT falls into.



Fair Isaac EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $663 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fair Isaac  (NYSE:FICO) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Fair Isaac's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=605.436 * ( 1 - 7.29% )/( (1376.352 + 1411.934)/ 2 )
=561.2997156/1394.143
=40.26 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1575.281 - 62.151 - ( 136.778 - max(0, 367.688 - 556.448+136.778))
=1376.352

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1593.518 - 49.43 - ( 160.421 - max(0, 433.109 - 565.263+160.421))
=1411.934

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Fair Isaac's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=619.008/( ( (36.669 + max(118.318, 0)) + (29.322 + max(140.374, 0)) )/ 2 )
=619.008/( ( 154.987 + 169.696 )/ 2 )
=619.008/162.3415
=381.30 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(387.947 + 0 + 31.723) - (62.151 + 136.73 + 102.471)
=118.318

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(367.478 + 0 + 37.364) - (49.43 + 146.822 + 68.216)
=140.374

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Fair Isaac's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=663.219/30425.042
=2.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fair Isaac EBIT Related Terms

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Fair Isaac (Fair Isaac) Business Description

Traded in Other Exchanges
Address
5 West Mendenhall, Suite 105, Bozeman, MT, USA, 59715
Founded in 1956, Fair Isaac Corporation is a leading applied analytics company. Fair Isaac is primarily known for its FICO credit scores, which is a widely used industry benchmark to determine the creditworthiness of an individual consumer. The firm's credit scores business accounts for most of the firm's profits and consists of business-to-business and business-to-consumer offerings. In addition to scores, Fair Isaac also sells software primarily to financial institutions for areas such as analytics, decision-making, customer workflows, and fraud.
Executives
Steven P. Weber officer: Interim Chief Financial Ofc. 5 WEST MENDENHALL, SUITE 105, BOZEMAN MT 59715
Eva Manolis director C/O SHUTTERFLY, INC., 2800 BRIDGE PARKWAY, REDWOOD CITY CA 94065
David A Rey director 181 METRO DRIVE, SAN JOSE CA 95110
Michael S Leonard officer: CAO and Vice President 181 METRO DRIVE, SAN JOSE CA 95110
Joanna Rees director LEAPFROG ENTERPRISES, INC., 6401 HOLLIS STREET SUITE 100, EMERYVILLE CA 94608
Braden R Kelly director 181 METRO DRIVE, SAN JOSE CA 95110
Marc F Mcmorris director 181 METRO DRIVE, SAN JOSE CA 95110
James M Wehmann officer: Executive Vice President 181 METRO DRIVE, SAN JOSE CA 95110
Henry Tayloe Stansbury director C/O COUPA SOFTWARE INC., 1855 S. GRANT STREET, SAN MATEO CA 94402
Nikhil Behl officer: Executive Vice President 601 108TH AVENUE NE, SUITE 1200, BELLEVUE WA 98004
Stephanie Covert officer: Executive Vice President 181 METRO DR., SAN JOSE CA 95110
James Kirsner director 5858 HORTON STREET, SUITE 350, EMERYVILLE CA 94608
Thomas A. Bowers officer: Executive Vice President 181 METRO DR., #600, SAN JOSE CA 95110
Richard Deal officer: Vice President 181 METRO DRIVE, SAN JOSE CA 95110
Mark R Scadina officer: V.P., General Counsel & Sec. 181 METRO DRIVE, SAN JOSE CA 95110