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Helios Technologies (Helios Technologies) EBIT : $80.0 Mil (TTM As of Dec. 2023)


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What is Helios Technologies EBIT?

Helios Technologies's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $12.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $80.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Helios Technologies's annualized ROC % for the quarter that ended in Dec. 2023 was 2.52%. Helios Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Helios Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.00%.


Helios Technologies EBIT Historical Data

The historical data trend for Helios Technologies'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.

Helios Technologies EBIT Chart

Helios Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.69 37.30 148.10 138.50 80.40

Helios Technologies 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 22.00 24.20 29.60 13.80 12.40

Competitive Comparison of Helios Technologies's EBIT

For the Specialty Industrial Machinery subindustry, Helios Technologies'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.


Helios Technologies's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Helios Technologies's EV-to-EBIT distribution charts can be found below:

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



Helios Technologies 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 $80.0 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.


Helios Technologies  (NYSE:HLIO) EBIT Explanation

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

Helios Technologies'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 )
=47.6 * ( 1 - 22.73% )/( (1460.1 + 1455.7)/ 2 )
=36.78052/1457.9
=2.52 %

where

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

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

Helios Technologies'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 )
=49.6/( ( (220.3 + max(250.4, 0)) + (227.9 + max(231.3, 0)) )/ 2 )
=49.6/( ( 470.7 + 459.2 )/ 2 )
=49.6/464.95
=10.67 %

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)
=(131.2 + 208.7 + 25) - (95.3 + 0 + 19.2)
=250.4

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(114.8 + 215.1 + 23.1) - (102.3 + 0 + 19.4)
=231.3

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=80/1999.987
=4.00 %

* 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.


Helios Technologies EBIT Related Terms

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Helios Technologies (Helios Technologies) Business Description

Traded in Other Exchanges
Address
7456 16th Street E, Sarasota, FL, USA, 34243
Helios Technologies Inc is a United States-based industrial technology company that develops, manufactures, and markets solutions for the hydraulics and electronics markets. It operates under two business segments: Hydraulics and Electronics. The Hydraulics segment designs and manufactures hydraulic cartridge valves, hydraulic quick release couplings as well as engineers complete hydraulic systems. The Electronics segment designs and manufactures customized electronic controls systems and displays for a variety of end markets including industrial and mobile, recreational and health and wellness.
Executives
Sean Bagan officer: Chief Financial Officer C/O HELIOS TECHNOLOGIES, INC., 7456 16TH STREET EAST, SARASOTA FL 34243
Philippe Lemaitre director 7456 16TH STREET EAST, SARASOTA FL 34243
Frederick Joseph Martich officer: Pres. of Hydraulics, Americas C/O HELIOS TECHNOLOGIES, INC., 7456 16TH ST E, SARASOTA FL 34243
Lee Francis Wichlacz officer: President, Electronics C/O HELIOS TECHNOLOGIES, INC., 7456 16TH ST E, SARASOTA FL 34243
Diana Sacchi director 2227 WELBILT BLVD, NEW PORT RICHEY FL 34655
Marc A Greenberg officer: General Counsel and Secretary 7456 16TH STREET EAST, SARASOTA FL 34243
Melanie M Nealis officer: Chief Legal & Compliance Offic 7456 16TH STREET EAST, SARASOTA FL 34243
Marc Bertoneche director 7456 16TH STREET EAST, SARASOTA FL 33316
Tricia L Fulton officer: Chief Financial Officer 7456 16TH STREET EAST, SARASOTA FL 34243
Matteo Arduini officer: Officer 7456 16TH STREET EAST, SARASOTA FL 34243
Jason Lemar Morgan officer: President, CVT 1500 WEST UNIVERSITY PKWY, SARASOTA FL 34243
Josef Matosevic officer: President and CEO 1500 WEST UNIVERSITY PARKWAY, SARASOTA FL 34243
Cary Chenanda director 7456 16TH STREET EAST, SARASOTA FL 34243
Gregory C Yadley director 101 E. KENNEDY BLVD., SUITE 2800, TAMPA FL 33602
Alexander Schuetz director 7456 16TH STREET EAST, SARASOTA FL 34243