GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Twitter Inc (NYSE:TWTR) » Definitions » EBIT

Twitter (Twitter) EBIT : $13 Mil (TTM As of Jun. 2022)


View and export this data going back to 2013. Start your Free Trial

What is Twitter EBIT?

Twitter's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2022 was $-313 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2022 was $13 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Twitter's annualized ROC % for the quarter that ended in Jun. 2022 was -16.21%. Twitter's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was -32.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Twitter's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was 0.03%.


Twitter EBIT Historical Data

The historical data trend for Twitter'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.

Twitter EBIT Chart

Twitter Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.82 556.15 528.32 101.94 -359.93

Twitter Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 95.19 -713.80 195.49 844.10 -312.56

Competitive Comparison of Twitter's EBIT

For the Internet Content & Information subindustry, Twitter'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.


Twitter's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Twitter's EV-to-EBIT distribution charts can be found below:

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



Twitter 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $13 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.


Twitter  (NYSE:TWTR) EBIT Explanation

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

Twitter's annualized ROC % for the quarter that ended in Jun. 2022 is calculated as:

ROC % (Q: Jun. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Jun. 2022 ))/ count )
=-1375.048 * ( 1 - 19.62% )/( (6686.157 + 6946.749)/ 2 )
=-1105.2635824/6816.453
=-16.21 %

where

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))
=13550.957 - 602.847 - ( 6261.953 - max(0, 1136.707 - 7476.068+6261.953))
=6686.157

Invested Capital(Q: Jun. 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))
=13579.287 - 511.795 - ( 6120.743 - max(0, 1017.263 - 7273.581+6120.743))
=6946.749

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

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

Twitter's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Jun. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1250.248/( ( (3423.016 + max(285.813, 0)) + (3547.755 + max(323.557, 0)) )/ 2 )
=-1250.248/( ( 3708.829 + 3871.312 )/ 2 )
=-1250.248/3790.0705
=-32.99 %

where Working Capital is:

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(948.142 + 0 + 265.973) - (602.847 + 64.404 + 261.051)
=285.813

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(972.591 + 0 + 180.247) - (511.795 + 130.524 + 186.962)
=323.557

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2022 )
=13.226/41690.199
=0.03 %

* 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.


Twitter EBIT Related Terms

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


Twitter (Twitter) Business Description

Traded in Other Exchanges
N/A
Address
1355 Market Street, Suite 900, San Francisco, CA, USA, 94103
Twitter is an open distribution platform for and a conversational platform around short-form text (a maximum of 280 characters), image, and video content. Its users can create different social networks based on their interests, thereby creating an interest graph. Many prominent celebrities and public figures have Twitter accounts. Twitter generates revenue from advertising (90%) and licensing the user data that it compiles (10%).
Executives
Parag Agrawal director, officer: Former Chief Executive Officer C/O TWITTER, INC., 1355 MARKET STREET, SUITE 900, SAN FRANCISCO CA 94103
Vijaya Gadde officer: Former Chief Legal Officer C/O TWITTER INC, 1355 MARKET STREET SUITE 900, SAN FRANCISCO CA 94103
Ned D. Segal officer: Former Chief Financial Officer 1 MARKET PLAZA, STEUART TOWER, SUITE 800, SAN FRANCISCO CA 94105
Jack Dorsey other: Possible member of 10% group C/O TWITTER INC, 1355 MARKET STREET SUITE 900, SAN FRANCISCO CA 94103
Nick V. Caldwell officer: General Manager of Core Tech C/O HUBSPOT, INC., 25 FIRST STREET, CAMBRIDGE MA 02141
Kayvon Beykpour officer: General Manager of Consumer C/O TWITTER, INC., 1355 MARKET STREET, SUITE 900, SAN FRANCISCO CA 94103
Saud H R H Prince Alwaleed Bin Talal Bin Abdulaziz Al other: Possible member of 10% group C/O KINGDOM HOLDING COMPANY, KINGDOM CTR FLOOR 66 P O BOX 2, RIYADH T0 11321
Robert Kaiden officer: Chief Accounting Officer C/O INSPIRATO INCORPORATED, 1544 WAZEE STREET, DENVER CO 80202
Bruce Falck officer: General Manager of Revenue C/O TWITTER, INC., 1355 MARKET STREET, SUITE 900, SAN FRANCISCO CA 94103
Michael Montano officer: Engineering Lead C/O TWITTER, INC., 1355 MARKET STREET, SUITE 900, SAN FRANCISCO CA 94103
Slp V Aggregator Gp, L.l.c. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp V Titus Holdings Ii, L.p. director C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp V Titus Gp Ii, L.l.c. director C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slta V (gp), L.l.c. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake Technology Investors V, L.p. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025

Twitter (Twitter) Headlines

From GuruFocus

Kentucky Retirement Systems Insurance Trust Fund Buys 3, Sells 2 in 4th Quarter

By GuruFocus Research GuruFocus Editor 02-07-2023

Top 5 4th Quarter Trades of CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM

By GuruFocus Research GuruFocus Editor 02-18-2023

Malaga Cove Capital, LLC Cuts Portfolio Down to Size in 4th Quarter

By GuruFocus Research GuruFocus Editor 02-09-2023