Perspecta (Perspecta) EBIT : $262 Mil (TTM As of Dec. 2020)

View and export this data going back to 2018. Start your Free Trial

What is Perspecta EBIT?

Perspecta's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2020 was $73 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2020 was $262 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Perspecta's annualized ROC % for the quarter that ended in Dec. 2020 was 4.61%. Perspecta's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2020 was 108.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Perspecta's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2020 was 5.54%.

Perspecta EBIT Historical Data

The historical data trend for Perspecta'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.

Perspecta EBIT Chart

Perspecta Annual Data

Trend

Oct15

Oct16

Mar18

Mar19

Mar20

EBIT

28.00

214.00

315.00

357.00

367.00

Perspecta Quarterly Data
	Oct15	Oct16	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
EBIT	Get a 7-Day Free Trial										109.00	108.00	33.00	48.00	73.00

Competitive Comparison of Perspecta's EBIT

For the Information Technology Services subindustry, Perspecta'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.

Perspecta's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Perspecta's EV-to-EBIT distribution charts can be found below:

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

Perspecta 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $262 Mil.

Perspecta (NYSE:PRSP) EBIT Explanation

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

Perspecta's annualized ROC % for the quarter that ended in Dec. 2020 is calculated as:

	ROC % (Q: Dec. 2020 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2020 )	+	Invested Capital (Q: Dec. 2020 ))	/ count )
=	312 * ( 1 - 31.11% )	/	( (4709	+	4619)	/ 2 )
=	214.9368	/	4664
=	4.61 %

where

	Invested Capital		(Q: Sep. 2020 )
=	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	))
=	5306	-	788	-	( 216	-	max(0, 1101	-	910	+	216	))
=	4709

	Invested Capital		(Q: Dec. 2020 )
=	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	))
=	5202	-	757	-	( 224	-	max(0, 1072	-	898	+	224	))
=	4619

Note: The Operating Income data used here is four times the quarterly (Dec. 2020) data.

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

Perspecta's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2020 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2020 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2020		Q: Dec. 2020
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	292	/	( ( (278 + max(-226, 0))	+	(262 + max(-189, 0)) )	/	2 )
=	292	/	( ( 278	+	262 )	/	2 )
=	292	/	270
=	108.15 %

where Working Capital is:

	Working Capital		(Q: Sep. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(521	+	0	+	134)	-	(788	+	0	+	93)
=	-226

	Working Capital		(Q: Dec. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(532	+	0	+	132)	-	(757	+	0	+	96)
=	-189

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2020) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2020 )
	=	262	/	4730.388
	=	5.54 %

Perspecta EBIT Related Terms

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

Perspecta (Perspecta) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Perspecta Inc (NYSE:PRSP) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

15052 Conference Center Drive, Chantilly, VA, USA, 20151

Website

https://www.perspecta.com

Perspecta Inc provides IT solutions. The company provides end end-to-end, technology-focused solutions, leveraging the full spectrum of its offerings and industry expertise to ensure broader access to customers, capabilities and contract vehicles.

Executives

Michael Earl Ventling	director	3170 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
John Kavanaugh	officer: Chief Financial Officer	15052 CONFERENCE CENTER DRIVE CHANTILLY WA 20151
John M Curtis	director, officer: Director, CEO	15052 CONFERENCE CENTER DRIVE CHANTILLY VA 20151
Heller M Tammy	officer: Chief Human Resources Officer	15052 CONFERENCE CENTER DRIVE CHANTILLY VA 20151
James Lawrence Gallagher	officer: General Counsel & Secretary	15052 CONFERENCE CENTER DRIVE CHANTILLY VA 2017120151
William Luebke	officer: PAO & Controller	15052 CONFERENCE CENTER DRIVE CHANTILLY VA 20151
Philip O Nolan	director	15052 CONFERENCE CENTER DRIVE, CHANTILLY VA 20151
Pamela O Kimmet	director	11207 ORANGE HIBISCUS LANE, PALM BEACH GARDENS FL 33418
Sanju K Bansal	director	1850 TOWERS CRESCENT PLAZA, MICROSTRATEGY INC, VIENNA VA 22182
Lisa S Disbrow	director	50 MINUTEMAN ROAD, ANDOVER MA 01810
Glenn A Eisenberg	director	P O BOX 1017, CHARLOTTE NC 28201-1017
Sondra L Barbour	director	6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Betty J. Sapp	director	C/O BALL CORPORATION, 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021-2510
John M Lawrie	director	DXC TECHNOLOGY COMPANY, 1775 TYSONS BOULEVARD, TYSONS VA 22102
Biggs C Porter	director	TXU CORP.,, 1601 BRYAN STREET, DALLAS TX 75201