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eXp World Holdings (eXp World Holdings) EBIT

: $-7 Mil (TTM As of Dec. 2023)
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eXp World Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-19 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. eXp World Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -33.68%. eXp World Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -428.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. eXp World Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.52%.


eXp World Holdings EBIT Historical Data

The historical data trend for eXp World Holdings'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.

eXp World Holdings 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 -8.78 31.59 34.15 5.41 -7.26

eXp World Holdings 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 -10.71 -1.67 11.10 1.86 -18.55

Competitive Comparison

For the Real Estate Services subindustry, eXp World Holdings'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.


eXp World Holdings EV-to-EBIT Distribution

For the Real Estate industry and Real Estate sector, eXp World Holdings's EV-to-EBIT distribution charts can be found below:

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



eXp World Holdings 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 $-7 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.


eXp World Holdings  (NAS:EXPI) EBIT Explanation

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

eXp World Holdings'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 )
=-74.18 * ( 1 - 20.82% )/( (185.014 + 163.753)/ 2 )
=-58.735724/174.3835
=-33.68 %

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))
=422.862 - 117.707 - ( 120.141 - max(0, 171.931 - 299.81+120.141))
=185.014

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))
=385.668 - 97.08 - ( 126.864 - max(0, 141.64 - 266.475+126.864))
=163.753

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

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

eXp World Holdings'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 )
=-74.18/( ( (13.876 + max(7.752, 0)) + (12.988 + max(-2.019, 0)) )/ 2 )
=-74.18/( ( 21.628 + 12.988 )/ 2 )
=-74.18/17.308
=-428.59 %

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)
=(113.344 + 0 + 66.325) - (117.707 + 54.21 + 2.8421709430404E-14)
=7.752

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(85.969 + 0 + 53.642) - (97.08 + 44.55 + 0)
=-2.019

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:

eXp World Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-7.258/1398.765
=-0.52 %

* 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.


eXp World Holdings EBIT Related Terms

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eXp World Holdings (eXp World Holdings) Business Description

Traded in Other Exchanges
Address
2219 Rimland Drive, Suite 301, Bellingham, WA, USA, 98226
eXp World Holdings Inc is a cloud-based residential real estate company. The company owns and operates a cloud-based real estate brokerage and a technology platform business that develops and uses immersive technologies that help businesses increase their effectiveness and reduce costs from operating in traditional brick and mortar office spaces. Its business categories include Real Estate Brokerage, Technology Products and Services, Title, Escrow, Settlement Services, and Mortgage Brokerage Services. The company mainly operates in the United States and Canada, and it also has operations in the United Kingdom, Australia, South Africa, France, India, Portugal, and Mexico, among others.
Executives
Jason Gesing director, officer: President 291 MAIN STREET, WEST NEWBURY MA 01985
Fred Reichheld director 131 DARTMOUTH STREET, BOSTON MA 02116
Jose Enrique Valdes officer: President, eXp Global 2219 RIMLAND DR STE 301, BELLINGHAM WA 98226
Jeff Whiteside officer: CFO and CCO 2219 RIMLAND DRIVE, SUITE 301, BELLINGHAM WA 98226
James Bramble officer: General Counsel 3838 W PARKWAY BLVD, SALT LAKE CITY X1 84120
Jian Cheng officer: Controller 303 VICTORIA WAY, CHALFONT PA 18914
Randall D Miles director 1321 KING STREET, SUITE 1, BELLINGHAM WA 98226
Penny Sanford 10 percent owner 3488 SPRINGHILL PLACE, BELLINGHAM WA 98226
Glenn Darrel Sanford director, 10 percent owner, officer: Pres., Secretary, Treasurer 910 HARRIS AVENUE, #305, BELLINGHAM WA 98225
Chakarun Courtney Keating officer: Chief Marketing Officer 2219 RIMLAND DR STE 301, BELLINGHAM WA 98226
Peggie Pelosi director 3838 WEST PARKWAY BLVD., SALT LAKE CITY UT 84111
Eugene Frederick director 2219 RIMLAND DRIVE, SUITE 301, BELLINGHAM WA 98226
Leonardo Pareja officer: Chief Strategy Officer 2219 RIMLAND DR STE 301, BELLINGHAM WA 98226
Monica Weakley director 2219 RIMLAND DR STE 301, BELLINGHAM WA 98226
Felicia J. Gentry director 201 UNIVERSITY OAKS BLVD STE 540-121, ROUND ROCK TX 78665