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Treehouse Foods (Treehouse Foods) EBIT : $156 Mil (TTM As of Dec. 2023)


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What is Treehouse Foods EBIT?

Treehouse Foods's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $28 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $156 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Treehouse Foods's annualized ROC % for the quarter that ended in Dec. 2023 was 3.37%. Treehouse Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Treehouse Foods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.78%.


Treehouse Foods EBIT Historical Data

The historical data trend for Treehouse Foods'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.

Treehouse Foods EBIT Chart

Treehouse Foods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -53.40 121.90 -14.10 71.00 158.20

Treehouse Foods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 71.30 43.90 49.80 34.40 27.70

Competitive Comparison of Treehouse Foods's EBIT

For the Packaged Foods subindustry, Treehouse Foods'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.


Treehouse Foods's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Treehouse Foods's EV-to-EBIT distribution charts can be found below:

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



Treehouse Foods 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $156 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.


Treehouse Foods  (NYSE:THS) EBIT Explanation

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

Treehouse Foods's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=191.2 * ( 1 - 40.74% )/( (3577 + 3146.7)/ 2 )
=113.30512/3361.85
=3.37 %

where

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

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

Treehouse Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=110.8/( ( (917.2 + max(94.5, 0)) + (930.6 + max(70.8, 0)) )/ 2 )
=110.8/( ( 1011.7 + 1001.4 )/ 2 )
=110.8/1006.55
=11.01 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(165.5 + 618.7 + 32.1) - (721.8 + 0 + 0)
=94.5

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(175.6 + 534 + 24.9) - (639.6 + 0 + 24.1)
=70.8

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=155.8/3260.715
=4.78 %

* 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.


Treehouse Foods EBIT Related Terms

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Treehouse Foods (Treehouse Foods) Business Description

Traded in Other Exchanges
Address
2021 Spring Road, Suite 600, Oak Brook, IL, USA, 60523
TreeHouse Foods, the largest private label manufacturer in the U.S., is the product of a slew of acquisitions, the most significant being the 2016 acquisition of Ralcorp, Conagra's former private brands business. The firm plays in over 25 categories, including snacks like pretzels and cookies, meals like pasta and dry dinners, and single-serve beverages like pods and ready-to-drink coffee. Retailers represent its most significant end-market, where it sells products for resale under retailer brands, but it also serves foodservice customers (providing a similar service as its retail business), industrial (selling bulk food for repackaging and repurposing), and branded consumer goods firms (under co-packing arrangements). Over 90% of its revenue comes from the U.S.
Executives
Mark Hunter director 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Jana Partners Management, Lp director, other: See Remarks 767 5TH AVENUE, 8TH FLOOR, NEW YORK NY 10153
Jana Partners Llc director, other: See Remarks 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153
Ann Sardini director 100 PIER 1 PLACE, FORT WORTH TX 76102
Joseph Scalzo director 1225 17TH STREET, SUITE 1000, DENVER CO 80202
Scott Ostfeld director 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153
Stephen Alan Landry officer: SVP, Chief Operations Officer 2021 SPRING ROAD, SUITE 600, OAK BROOK IL 60523
Jeffrey M Haye officer: SVP, Chief Procurement Officer 2021 SPRING ROAD, OAK BROOK IL 60523
Timothy J Smith officer: SVP, Division President 5 CROSBY STREET, NEW YORK NY 10013
Curt B. Craig officer: Chief Supply Chain Officer 2021 SPRING ROAD, OAK BROOK IL 60523
Kristy N. Waterman officer: EVP, General Counsel 2711 NORTH HASKELL AVENUE, SUITE 3400, DALLAS TX 75204
Lori G Roberts officer: SVP of HR 1014 SUTTON PL, ST CHARLES IL 60174
Sean Lewis officer: SVP, Chief Customer Officer 2021 SPRING ROAD, SUITE 600, OAK BROOK IL 60523
Clifford Braun officer: SVP, Chief Operations Officer 2021 SPRING ROAD, SUITE 600, OAK BROOK IL 60523
Gainor John P Jr director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097