Pattern Energy Group (Pattern Energy Group) EBIT : $42.0 Mil (TTM As of Dec. 2019)

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What is Pattern Energy Group EBIT?

Pattern Energy Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2019 was $106.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2019 was $42.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pattern Energy Group's annualized ROC % for the quarter that ended in Dec. 2019 was -0.26%. Pattern Energy Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was 8.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pattern Energy Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was 1.60%.

Pattern Energy Group EBIT Historical Data

The historical data trend for Pattern Energy Group'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.

Pattern Energy Group EBIT Chart

Pattern Energy Group Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

EBIT

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19.81

28.00

24.00

66.00

42.00

Pattern Energy Group Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
EBIT	Get a 7-Day Free Trial															22.00	-17.00	-2.00	-45.00	106.00

Competitive Comparison of Pattern Energy Group's EBIT

For the Utilities - Renewable subindustry, Pattern Energy Group'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.

Pattern Energy Group's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Pattern Energy Group's EV-to-EBIT distribution charts can be found below:

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

Pattern Energy Group 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $42.0 Mil.

Pattern Energy Group (NAS:PEGI) EBIT Explanation

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

Pattern Energy Group's annualized ROC % for the quarter that ended in Dec. 2019 is calculated as:

	ROC % (Q: Dec. 2019 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2019 )	+	Invested Capital (Q: Dec. 2019 ))	/ count )
=	-32 * ( 1 - 45.95% )	/	( (5706	+	7524)	/ 2 )
=	-17.296	/	6615
=	-0.26 %

where

	Invested Capital		(Q: Sep. 2019 )
=	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	))
=	5396	-	166	-	( 106	-	max(0, 717	-	241	+	106	))
=	5706

	Invested Capital		(Q: Dec. 2019 )
=	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	))
=	7173	-	241	-	( 156	-	max(0, 929	-	337	+	156	))
=	7524

Note: The Operating Income data used here is four times the quarterly (Dec. 2019) data.

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

Pattern Energy Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2019 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2019		Q: Dec. 2019
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	424	/	( ( (4417 + max(-241, 0))	+	(5363 + max(-322, 0)) )	/	2 )
=	424	/	( ( 4417	+	5363 )	/	2 )
=	424	/	4890
=	8.67 %

where Working Capital is:

	Working Capital		(Q: Sep. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(65	+	0	+	43)	-	(166	+	0	+	183)
=	-241

	Working Capital		(Q: Dec. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(81	+	0	+	37)	-	(241	+	0	+	199)
=	-322

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2019) EBIT data.

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

Pattern Energy Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2019 )
	=	42	/	2626.370
	=	1.60 %

Pattern Energy Group EBIT Related Terms

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Pattern Energy Group (Pattern Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Pattern Energy Group Inc (NAS:PEGI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1088 Sansome Street, San Francisco, CA, USA, 94111

Website

https://patternenergy.com

Pattern Energy Group Inc is an independent power company that owns and operates power projects. The company owns a portfolio of wind power projects located in the U.S., Canada, and Chile. Pattern Energy Group's revenue is primarily generated from the sale of electricity to local utilities under long-term, fixed-price agreements. Most of the company's energy generating facilities are located in the U.S. These American sites are also responsible for the vast majority of its revenue. Pattern Energy Group has made efforts to expand its capacity through projects utilizing alternative forms of renewable energy in Japan and Mexico.

Executives

Alan R Batkin	director	399 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Browne Lord Of Madingley	director	C/O GOLDMAN SACHS GROUP INC, 85 BROAD STREET, NEW YORK NY 10004
Richard Goodman	director	PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Patricia S. Bellinger	director	712 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10019
R/c Renewable Energy Gp Ii, L.l.c.	10 percent owner	712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Michael B Hoffman	director	1 GREENWICH OFFICE PARK, GREENWICH CT 06831