Pennsylvania Real Estate Investment Trust (Pennsylvania Real Estate Investment Trust) EBIT : $-11.2 Mil (TTM As of Sep. 2023)

View and export this data going back to 1973. Start your Free Trial

What is Pennsylvania Real Estate Investment Trust EBIT?

Pennsylvania Real Estate Investment Trust's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-10.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-11.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pennsylvania Real Estate Investment Trust's annualized ROC % for the quarter that ended in Sep. 2023 was -1.14%. Pennsylvania Real Estate Investment Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pennsylvania Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -0.63%.

Pennsylvania Real Estate Investment Trust EBIT Historical Data

The historical data trend for Pennsylvania Real Estate Investment Trust'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.

Pennsylvania Real Estate Investment Trust EBIT Chart

Pennsylvania Real Estate Investment Trust Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

Get a 7-Day Free Trial

-65.15

50.99

-182.36

-7.84

-8.81

Pennsylvania Real Estate Investment Trust Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial															-34.86	6.05	-4.70	-2.45	-10.08

Competitive Comparison of Pennsylvania Real Estate Investment Trust's EBIT

For the REIT - Retail subindustry, Pennsylvania Real Estate Investment Trust'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.

Pennsylvania Real Estate Investment Trust's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Pennsylvania Real Estate Investment Trust's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Pennsylvania Real Estate Investment Trust's EV-to-EBIT falls into.

Pennsylvania Real Estate Investment Trust 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.2 Mil.

Pennsylvania Real Estate Investment Trust (OTCPK:PRETQ) EBIT Explanation

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

Pennsylvania Real Estate Investment Trust's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-19.4 * ( 1 - 0% )	/	( (1663.373	+	1730.96)	/ 2 )
=	-19.4	/	1697.1665
=	-1.14 %

where

	Invested Capital		(Q: Jun. 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	))
=	1722.358	-	178.666	-	( 22.578	-	max(0, 207.921	-	88.24	+	22.578	))
=	1663.373

	Invested Capital		(Q: Sep. 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	))
=	1717.955	-	191.796	-	( 22.06	-	max(0, 292.982	-	88.181	+	22.06	))
=	1730.96

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Pennsylvania Real Estate Investment Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-40.316	/	( ( (0 + max(-114.778, 0))	+	(0 + max(-127.455, 0)) )	/	2 )
=	-40.316	/	( ( 0	+	0 )	/	2 )
=	-40.316	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(31.49	+	0	+	34.172)	-	(178.666	+	0	+	1.774)
=	-114.778

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(32.852	+	0	+	33.269)	-	(191.796	+	0	+	1.78)
=	-127.455

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Pennsylvania Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-11.175	/	1769.130
	=	-0.63 %

Pennsylvania Real Estate Investment Trust EBIT Related Terms

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

Pennsylvania Real Estate Investment Trust (Pennsylvania Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Pennsylvania Real Estate Investment Trust (OTCPK:PRETQ) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

PRTNQ.PFD:USA PRTMQ.PFD:USA PRTLQ.PFD:USA WX3A:Germany

Address

One Commerce Square, 2005 Market Street, Suite 1000, Philadelphia, PA, USA, 19103

Website

https://www.preit.com

Pennsylvania Real Estate Investment Trust is a self-managed and self-administered REIT in the United States. It is engaged in the ownership, management, leasing, acquisition, redevelopment, development, and disposition of retail shopping malls including regional department stores and large format retailers. Its properties involve mall portfolio, redevelopment, specialty leasing, partnerships, and marketing. It derives the substantial majority of revenue from rent leases of retail properties in the real estate portfolio.

Executives

Christopher Swann	director	C/O PENN. REAL ESTATE INVESTMENT TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA PA 19103
Kenneth B. Hart	director	C/O PENN REAL ESTATE TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA PA 19103
Joseph J. Aristone	officer: EVP - Leasing	C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
Joseph F Coradino	director, officer: Chief Executive Officer	C/O PENN. REAL ESTATE INVESTMENT TRUST, 200 S. BROAD ST., THE BELLEVUE, PHILADEPHIA PA 19102
Michael J. Demarco	director	C/O MACK-CALI REALTY CORPORATION, HARBORSIDE 3, 210 HUDSON ST., STE. 400, JERSEY CITY NJ 07311
Ventresca Mario C. Jr.	officer: EVP-Chief Financial Officer	C/O PENN REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Andrew M. Ioannou	officer: EVP-Finance and Acquisitions	C/O PENN REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Mark E Pasquerilla	director
Charles P Pizzi	director	C/O TASTY BAKING COMPANY, NAVY YARD CORP. CTR., THREE CRESCENT DR., PHILADELPHIA PA 19112
Joanne A. Epps	director	C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
Alburger George J Jr	director	C/O LIBERTY PROPERTY TRUST, 65 VALLEY STREAM PARKWAY, MALVERN PA 19355
Lisa M. Most	officer: EVP, GC, CCO & Secretary	C/O PENN. REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Heather Crowell	officer: EVP-Strategy & Communications	C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
John Joseph Roberts	director	1007 CANTERBURY LANE, VILLANOVA PA 19085
Sathana Semonsky	officer: VP - Chief Accounting Officer	C/O PENN. REAL ESTATE INVESTMENT TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA PA 19103