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GrowGeneration (GrowGeneration) EBIT : $-48.6 Mil (TTM As of Mar. 2024)


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What is GrowGeneration EBIT?

GrowGeneration's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-8.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-48.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GrowGeneration's annualized ROC % for the quarter that ended in Mar. 2024 was -24.51%. GrowGeneration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -28.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GrowGeneration's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -30.92%.


GrowGeneration EBIT Historical Data

The historical data trend for GrowGeneration'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.

GrowGeneration EBIT Chart

GrowGeneration Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 1.72 8.59 15.27 -166.61 -46.37

GrowGeneration Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -6.13 -5.18 -7.35 -27.28 -8.78

Competitive Comparison of GrowGeneration's EBIT

For the Specialty Retail subindustry, GrowGeneration'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.


GrowGeneration's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, GrowGeneration's EV-to-EBIT distribution charts can be found below:

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



GrowGeneration 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-48.6 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.


GrowGeneration  (NAS:GRWG) EBIT Explanation

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

GrowGeneration's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-37.728 * ( 1 - 0.02% )/( (156.571 + 151.199)/ 2 )
=-37.7204544/153.885
=-24.51 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

GrowGeneration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-35.132/( ( (66.985 + max(59.38, 0)) + (65.744 + max(58.431, 0)) )/ 2 )
=-35.132/( ( 126.365 + 124.175 )/ 2 )
=-35.132/125.27
=-28.05 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.895 + 64.905 + 8.489) - (17.55 + 5.359 + 0)
=59.38

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.832 + 66.028 + 6.315) - (17.864 + 3.88 + 0)
=58.431

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-48.59/157.142
=-30.92 %

* 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.


GrowGeneration EBIT Related Terms

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GrowGeneration (GrowGeneration) Business Description

Traded in Other Exchanges
Address
5619 DTC Parkway, Suite 900, Greenwood Village, CO, USA, 80111
GrowGeneration Corp owns and operates specialty retail hydroponic and organic gardening stores. The firm is a marketer and distributor of nutrients, growing media, advanced indoor and greenhouse lighting, ventilation systems and accessories for hydroponic gardening. The Company has three reportable segments, including retail operations, e-commerce, and distribution and other.
Executives
Michael Salaman director, officer: President C/O GROWGENERATION CORP., 1000 WEST MISSISSIPPI AVENUE, DENVER CO 80223
Darren Lampert director, officer: CEO C/O GROWGENERATION CORP., 1000 WEST MISSISSIPPI AVENUE, DENVER CO 80233
Gregory Kevin Sanders officer: Chief Financial Officer 8770 ZIRCON WAY, ARVANDA CO 80007
Dennis Sheldon officer: See Remarks C/O GROWGENERATION CORP., 5619 DTC PARKWAY, SUITE 900, GREENWOOD VILLAGE CO 80111
Stephen Kozey officer: Secretary and VP of Legal C/O GROWGENERATION CORP., 5619 DTC PARKWAY, SUITE 900, GREENWOOD VILLAGE CO 80111
Eula L Adams director 9194 E. VASSAR AVE., DENVER CO 80231
Paul Rutenis officer: Chief Merchandise Officer 500 WESTRIDGE DRIVE, WATSONVILLE CA 95076
Stephen Aiello director 112 OAK AVE, KENTFIELD CA 94904-1561
Sean Stiefel director 28 REICHERT CIRCLE, WESTPORT CT 06880
Tony Sullivan officer: COO 8353 ARAPAHOE PEAK STREET, LITTLETON CO 80125
Jeff Lasher officer: CFO 500 WESTRIDGE DRIVE, WATSONVILLE CA 95076
Monty R Lamirato officer: CFO
Merida Capital Partners, Lp 10 percent owner 641 LEXINGTON AVENUE, 18TH FLOOR, NEW YORK NY 10022
Gotham Green Partners Llc 10 percent owner 1437 4TH STREET, SANTA MONICA CA 90401
Mitchell Baruchowitz 10 percent owner C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE, 18TH FLOOR, NEW YORK NY 10022

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