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Beazer Homes USA EBIT

: $191 Mil (TTM As of Mar. 2022)
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Beazer Homes USA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2022 was $55 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2022 was $191 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Beazer Homes USA's annualized ROC % for the quarter that ended in Mar. 2022 was 10.03%. Beazer Homes USA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was 14.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Beazer Homes USA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was 13.93%.

Beazer Homes USA EBIT Historical Data

The historical data trend for Beazer Homes USA'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.

Beazer Homes USA Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.14 81.55 -89.90 79.11 146.87

Beazer Homes USA Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
EBIT 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 Premium Member Only Premium Member Only Premium Member Only 33.62 48.69 46.87 40.94 54.61

Beazer Homes USA 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 Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $191 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.

Beazer Homes USA  (NYSE:BZH) EBIT Explanation

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

Beazer Homes USA's annualized ROC % for the quarter that ended in Mar. 2022 is calculated as:

ROC % (Q: Mar. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2021 ) + Invested Capital (Q: Mar. 2022 ))/ count )
=218.444 * ( 1 - 18.4% )/( (1751.101 + 1804.964)/ 2 )
=178.250304/1778.0325
=10.03 %

where

Invested Capital(Q: Dec. 2021 )
=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))
=2060.191 - 151.389 - ( 157.701 - max(0, 182.71 - 1799.104+157.701))
=1751.101

Invested Capital(Q: Mar. 2022 )
=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))
=2160.004 - 191.135 - ( 163.905 - max(0, 229.529 - 1908.375+163.905))
=1804.964

Note: The Operating Income data used here is four times the quarterly (Mar. 2022) data.

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

Beazer Homes USA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2021  Q: Mar. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=218.444/( ( (35.027 + max(1449.089, 0)) + (34.469 + max(1505.075, 0)) )/ 2 )
=218.444/( ( 1484.116 + 1539.544 )/ 2 )
=218.444/1511.83
=14.45 %

where Working Capital is:

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.802 + 1581.801 + 29.196) - (151.389 + 31.321 + 0)
=1449.089

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.289 + 1676.972 + 33.343) - (191.135 + 38.394 + 0)
=1505.075

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2022) EBIT data.

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

Beazer Homes USA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2022 )
=191.113/1371.710
=13.93 %

* 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.

Beazer Homes USA EBIT Related Terms

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Beazer Homes USA Business Description

Beazer Homes USA logo
Industry
Consumer Cyclical » Homebuilding & Construction NAICS : 236117 SIC : 1531
Comparable Companies
HKSE:01902 LSE:GLE NAS:LEGH XTAE:DUNIEC SHSE:600753 XSWX:ODHN WAR:1AT TSE:1419 OSTO:BONAV A NYSE:HOV
Traded in Other Exchanges
0HMG:UK BE4A:Germany BE4A:Germany
Address
1000 Abernathy Road, Suite 260, Atlanta, GA, USA, 30328
Website
https://www.beazer.com
Beazer Homes USA Inc is an American construction company that focuses on residential construction. The company specializes in single-family housing and multi-unit building construction in over 13 states and over 22 metro markets. Beazer Homes builds homes and communities that target first-time, move-up, and luxury homebuyers with an average selling price of roughly $300,000. From a geographic perspective, home sales in the western and eastern United States have been the leading sources of revenue for the company. Key metro areas include Atlanta, Las Vegas, Los Angeles, Orlando, and Tampa. The company also focuses on land purchasing and development to support future construction efforts as well as mortgage services for its homebuyers.
Executives
Salomon Robert L. officer: EVP, Chief Financial Officer 5535 LEXINGTON WOODS LANE ALPHARETTA GA 30005
Zelnak Stephen P Jr director MARTIN MARIETTA MATERIALS INC 2710 WYCLIFF ROAD RALEIGH NC 27607
Acton Elizabeth S director 5408 WALDENHILL COURT SUPERIOR TOWNSHIP MI 48198
Orser Peter M director 1000 ABERNATHY ROAD SUITE 260 ATLANTA GA 30328
Shepherd Danny R director VULCAN MATERIALS COMPANY 1200 URBAN CENTER DRIVE BIRMINGHAM AL 35242
Spitz David J director C/O CHANNELADVISOR CORPORATION 2701 AERIAL CENTER PARKWAY MORRISVILLE NC 27568
Belknap Keith L Jr officer: EVP, General Counsel 3585 ENGINEERING DRIVE SUITE 100 NORCROSS GA 30092
Provencio Norma Ann director 2150 ST. ELZEAR BLVD. WEST LAVAL A8 H7L 4A8
Merrill Allan P director, officer: Chairman, President and CEO BEAZER HOMES 1000 ABERNATHY RD, SUITE 1200 ATLANTA GA 30328
Winkle C Christian director ONE RAVINIA DRIVE STE 1500 ATLANTA GA 30346
Alpert Laurent director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: ALPERT LAURENT a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Beazer Brian C director C/O NUMEREX 1600 PARKWOOD CIRCLE #200 ATLANTA GA 30339-2119
Leemputte Peter G director CHICAGO TITLE CORP 171 N CLARK ST CHICAGO IL 80601
Khoury Kenneth F officer: Administration BEAZER HOMES 1000 ABERNATHY RD, SUITE 1200 ATLANTA GA 30328
Solari Larry T director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SOLARI LARRY T a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}

Beazer Homes USA Headlines

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By Business Wire 02-23-2021

LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Beazer Homes USA, Inc. To Contact The Firm

By Marketwired 08-01-2019

Beazer Homes USA, Inc. to Webcast Its Fiscal Third Quarter Results Conference Call on July 30, 2020

By Business Wire 07-14-2020

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