Controladora Vuela Compania de AviacionB de CV (Controladora Vuela Compania de AviacionB de CV) EBIT : $374 Mil (TTM As of Mar. 2024)

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What is Controladora Vuela Compania de AviacionB de CV EBIT?

Controladora Vuela Compania de AviacionB de CV's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $109 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $374 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Controladora Vuela Compania de AviacionB de CV's annualized ROC % for the quarter that ended in Mar. 2024 was 5.84%. Controladora Vuela Compania de AviacionB de CV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Controladora Vuela Compania de AviacionB de CV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.55%.

Controladora Vuela Compania de AviacionB de CV EBIT Historical Data

The historical data trend for Controladora Vuela Compania de AviacionB de CV'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.

Controladora Vuela Compania de AviacionB de CV EBIT Chart

Controladora Vuela Compania de AviacionB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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316.48

-134.92

274.59

59.12

227.00

Controladora Vuela Compania de AviacionB de CV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															-38.00	65.00	26.00	174.00	109.00

Competitive Comparison of Controladora Vuela Compania de AviacionB de CV's EBIT

For the Airlines subindustry, Controladora Vuela Compania de AviacionB de CV'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.

Controladora Vuela Compania de AviacionB de CV's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Controladora Vuela Compania de AviacionB de CV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Controladora Vuela Compania de AviacionB de CV's EV-to-EBIT falls into.

Controladora Vuela Compania de AviacionB de CV 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $374 Mil.

Controladora Vuela Compania de AviacionB de CV (NYSE:VLRS) EBIT Explanation

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

Controladora Vuela Compania de AviacionB de CV's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	416 * ( 1 - 29.79% )	/	( (4851	+	5146)	/ 2 )
=	292.0736	/	4998.5
=	5.84 %

where

	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	))
=	5161	-	683	-	( 776.218	-	max(0, 1621	-	1248	+	776.218	))
=	4851

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	5381	-	702	-	( 756.312	-	max(0, 1744	-	1277	+	756.312	))
=	5146

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Controladora Vuela Compania de AviacionB de CV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	436	/	( ( (3158 + max(-556.218, 0))	+	(3328.204 + max(-588.312, 0)) )	/	2 )
=	436	/	( ( 3158	+	3328.204 )	/	2 )
=	436	/	3243.102
=	13.44 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(251	+	16.117	+	204.665)	-	(683	+	343	+	2)
=	-556.218

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(295	+	16	+	209.688)	-	(702	+	394	+	13)
=	-588.312

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Controladora Vuela Compania de AviacionB de CV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	374	/	3917.662
	=	9.55 %

Controladora Vuela Compania de AviacionB de CV EBIT Related Terms

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Controladora Vuela Compania de AviacionB de CV (Controladora Vuela Compania de AviacionB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Controladora Vuela Compania de Aviacion SAB de CV (NYSE:VLRS) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

VOLARA:Mexico 2CDA:Germany

Address

Av. Antonio Dovali Jaime Number 70, 13th Floor, Tower B, Colonia Zedec Santa Fe, Mexico, DF, MEX, 01210

Website

https://www.volaris.com

Controladora Vuela Compania de Aviacion SAB de CV is a low-cost airline flying to Mexico, the United States, Central and South America. It currently operates up to 500 average daily flight segments on routes that connect 44 cities in Mexico as well as 22 cities in the United States, four in Central America and two in South America. It uses promotional fares to stimulate demand and the base fares are priced to compete with long-distance bus fares in Mexico. Revenues from the air transportation of passengers are recognized earlier when the service is provided or when the non-refundable ticket expires at the date of the scheduled travel. Non-passenger revenues include revenues generated from other non-passenger revenues and cargo services.