iRobot (NAS:IRBT) EBIT

: $-306 Mil (TTM As of Jun. 2023)

View and export this data going back to 2005. Start your Free Trial

iRobot's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was $-71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $-306 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. iRobot's annualized ROC % for the quarter that ended in Jun. 2023 was -73.45%. iRobot's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -174.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. iRobot's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -28.67%.

iRobot EBIT Historical Data

The historical data trend for iRobot'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.

iRobot Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

105.82

86.62

146.32

-1.10

-240.38

iRobot Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
EBIT																-63.91	-68.37	-84.81	-81.30	-71.06

iRobot 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-306 Mil.

iRobot (NAS:IRBT) EBIT Explanation

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

iRobot's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-284.224 * ( 1 - -7.61% )	/	( (470.601	+	362.253)	/ 2 )
=	-305.8534464	/	416.427
=	-73.45 %

where

	Invested Capital		(Q: Mar. 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	))
=	664.627	-	146.111	-	( 47.915	-	max(0, 214	-	364.235	+	47.915	))
=	470.601

	Invested Capital		(Q: Jun. 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	))
=	634.139	-	213.932	-	( 57.954	-	max(0, 256.682	-	348.245	+	57.954	))
=	362.253

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

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

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

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-284.224	/	( ( (81.217 + max(134.828, 0))	+	(71.614 + max(38.953, 0)) )	/	2 )
=	-284.224	/	( ( 216.045	+	110.567 )	/	2 )
=	-284.224	/	163.306
=	-174.04 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(29.645	+	229.688	+	56.987)	-	(146.111	+	12.084	+	23.297)
=	134.828

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(72.306	+	170.561	+	47.424)	-	(213.932	+	12.172	+	25.234)
=	38.953

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	-305.534	/	1065.814
	=	-28.67 %

iRobot EBIT Related Terms

Thank you for viewing the detailed overview of iRobot's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

iRobot (NAS:IRBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » iRobot Corp (NAS:IRBT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

I8R:Germany IRBT:Austria

Address

8 Crosby Drive, Bedford, MA, USA, 01730

Website

https://www.irobot.com

iRobot Corp is a united state based consumer robot company. It designs and builds robots that assist consumers with the solutions for the activities to be carried both inside and outside of the home. The company's consumer robot comprises a portfolio of solutions which includes cleaning, mapping and navigation, human-robot interaction, and physical solutions. The company operates in the business segment of Consumer robots. The consumer robot products are provided to the consumers by retail businesses and online store. The company derives its revenue from the product sales. It sells the products across the United States and around the world.

Executives

Karen Golz	director	ONE TECHNOLOGY WAY, NORWOOD MA 02062
Jean Jacques Blanc	officer: Chief Commercial Officer	IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Faris Habbaba	officer: Chief R&D Officer	IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Julie Zeiler	officer: EVP, Chief Financial Officer	C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Karian Wong	officer: VP, Finance	C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Timothy Saeger	officer: EVP Engineering	C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
David Keith Hartsfield	officer: Chief Product Officer	C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Eva Manolis	director	C/O SHUTTERFLY, INC., 2800 BRIDGE PARKWAY, REDWOOD CITY CA 94065
Ruey Bin Kao	director	CHINA HOLDINGS ACQUISITION CORP., 33 RIVERSIDE AVENUE, 5TH FLOOR, WESTPORT CT 06880
Elisha W Finney	director	C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304
Andrew Miller	director	111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Michael Bell	director	C/O SILVER SPRING NETWORKS, INC., 555 BROADWAY STREET, REDWOOD CITY CA 94063
Mohamad Ali	director	2 AVENUE DE LAFAYETTE, BOSTON MA 02111
Michelle Stacy	director	33 COFFEE LANE, WATERBURY VT 05676
Christian Cerda	officer: SVP & GM, Home Robots	IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01930