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Twenty-First Century Fox (Twenty-First Century Fox) EBIT : $16,667 Mil (TTM As of Dec. 2018)


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What is Twenty-First Century Fox EBIT?

Twenty-First Century Fox's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2018 was $11,848 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2018 was $16,667 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Twenty-First Century Fox's annualized ROC % for the quarter that ended in Dec. 2018 was 13.25%. Twenty-First Century Fox's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was 643.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Twenty-First Century Fox's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was 18.08%.


Twenty-First Century Fox EBIT Historical Data

The historical data trend for Twenty-First Century Fox'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.

Twenty-First Century Fox EBIT Chart

Twenty-First Century Fox Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,310.00 11,045.00 5,338.00 5,908.00 5,658.00

Twenty-First Century Fox Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 1,015.00 1,642.00 1,393.00 1,784.00 11,848.00

Competitive Comparison of Twenty-First Century Fox's EBIT

For the Broadcasting subindustry, Twenty-First Century Fox'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.


Twenty-First Century Fox's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Twenty-First Century Fox's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Twenty-First Century Fox's EV-to-EBIT falls into.



Twenty-First Century Fox 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $16,667 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.


Twenty-First Century Fox  (NAS:TFCF) EBIT Explanation

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

Twenty-First Century Fox's annualized ROC % for the quarter that ended in Dec. 2018 is calculated as:

ROC % (Q: Dec. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2018 ) + Invested Capital (Q: Dec. 2018 ))/ count )
=5584 * ( 1 - 5.45% )/( (41263 + 38412)/ 2 )
=5279.672/39837.5
=13.25 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2018) data.

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

Twenty-First Century Fox's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2018  Q: Dec. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=47392/( ( (1949 + max(5115, 0)) + (1971 + max(5688, 0)) )/ 2 )
=47392/( ( 7064 + 7659 )/ 2 )
=47392/7361.5
=643.78 %

where Working Capital is:

Working Capital(Q: Sep. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7326 + 3804 + 915) - (6166 + 764 + 0)
=5115

Working Capital(Q: Dec. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8083 + 3934 + 719) - (6193 + 855 + 0)
=5688

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2018) EBIT data.

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

Twenty-First Century Fox's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2018 )
=16667/92206.940
=18.08 %

* 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.


Twenty-First Century Fox EBIT Related Terms

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Twenty-First Century Fox (Twenty-First Century Fox) Business Description

Traded in Other Exchanges
N/A
Address
1211 Avenue of the Americas, New York, NY, USA, 10036
21st Century Fox is a media conglomerate with a wide range of assets: a film studio, which creates television programs and movies; broadcast television, including the Fox broadcast network and local TV stations in the U.S.; cable networks, which comprise over 300 channels around the world; and direct-broadcast satellite TV in the form of Sky, a satellite pay-tv provider in Europe.
Executives
Chase Carey director C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
David F Devoe director C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Murdoch Family Trust 10 percent owner C/O MCDONALD CARANO WILSON LLP, 100 LIBERTY STREET, RENO NV 89501
Cruden Financial Services Llc 10 percent owner C/O MCDONALD CARANO WILSON LLP, 100 LIBERTY STREET, RENO NV 89501
John Nallen officer: Senior EVP, CFO C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
James R Murdoch director, officer: Chief Executive Officer C/O LUPA SYSTEMS, 363 LAFAYETTE STREET, NEW YORK NY 10022
Keith Rupert Murdoch director, officer: Executive Chairman C/O FOX CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Gerson Zweifach officer: See Remarks C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Jacques A Nasser director
Lachlan K Murdoch director, officer: Executive Chairman C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Robert S Silberman director C/O STRAYER EDUCATION INC, 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
James Breyer director ACCEL PARTNERS, 428 UNIVERSITY AVE, PALO ALTO CA 94301
Viet D Dinh director GEORGETOWN UNIVERSITY LAW CENTER, 600 NEW JERSEY AVENUE NW, WASHINGTON DC 20001
Jeffrey W Ubben director, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Valueact Capital Master Fund, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129

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