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TTEC Holdings (TTEC Holdings) EBIT : $119 Mil (TTM As of Dec. 2023)


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What is TTEC Holdings EBIT?

TTEC Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $17 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $119 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TTEC Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 7.21%. TTEC Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TTEC Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.90%.


TTEC Holdings EBIT Historical Data

The historical data trend for TTEC Holdings'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.

TTEC Holdings EBIT Chart

TTEC Holdings 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 129.52 187.76 220.27 180.52 119.05

TTEC Holdings 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 48.41 46.23 28.85 27.42 16.55

Competitive Comparison of TTEC Holdings's EBIT

For the Information Technology Services subindustry, TTEC Holdings'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.


TTEC Holdings's EV-to-EBIT Distribution in the Software Industry

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

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



TTEC Holdings 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 $119 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.


TTEC Holdings  (NAS:TTEC) EBIT Explanation

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

TTEC Holdings'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 )
=82.88 * ( 1 - -62.05% )/( (1848.058 + 1879.148)/ 2 )
=134.30704/1863.603
=7.21 %

where

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))
=2168.19 - 168.549 - ( 151.583 - max(0, 422.797 - 662.126+151.583))
=1848.058

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))
=2185.598 - 133.703 - ( 172.747 - max(0, 403.027 - 681.203+172.747))
=1879.148

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

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

TTEC Holdings'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 )
=66.192/( ( (312.098 + max(113.211, 0)) + (312.577 + max(125.176, 0)) )/ 2 )
=66.192/( ( 425.309 + 437.753 )/ 2 )
=66.192/431.531
=15.34 %

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)
=(379.755 + 0 + 118.956) - (168.549 + 82.529 + 134.422)
=113.211

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(394.868 + 0 + 95.064) - (133.703 + 81.171 + 149.882)
=125.176

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=119.045/1337.873
=8.90 %

* 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.


TTEC Holdings EBIT Related Terms

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TTEC Holdings (TTEC Holdings) Business Description

Traded in Other Exchanges
Address
9197 South Peoria Street, Englewood, CO, USA, 80112
TTEC Holdings Inc provides customer engagement management tools and services. The company operates through four operating segments that are organized into two groups, TTEC Digital and TTEC Engage. TTEC Digital is engaged in building and implementing cloud-based and on-premises customer experience tools that enable clients to develop customer engagement strategies. TTEC Engage focuses on delivering sales and marketing solutions to help clients boost their revenue as well as on managing customer's front-to-back office processes to optimize the customer experience. TTEC Engage contributes the vast majority of the company's revenue, and most of the sales are derived from the United States and Canada, followed by Philippines, Asia-Pacific and India.
Executives
Marc Holtzman director 600 SEVENTEENTH STREET, SUITE 2800, DENVER CO 80202
Francois Bourret officer: Interim CFO 9197 S. PEORIA ST., ENGLEWOOD CO 80112
David J. Seybold officer: CEO, TTEC Digital 9197 S. PEORIA ST., ENGLEWOOD CO 80112
Michelle R Swanback officer: CEO, TTEC Engage 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Gregory A Conley director 9197 S. PEORIA ST., ENGLEWOOD CO 80112
Margaret B Mclean officer: SVP, GC, CRO & Corp. Sec. 9191 SOUTH JAMAICA STREET, ENGLEWOOD CO 80112
Dustin J. Semach officer: Chief Financial Officer 1 FANATICAL PLACE, CITY OF WINDCREST, SAN ANTONIO TX 78218
Kenneth D Tuchman director, 10 percent owner, officer: CEO & Chairman of the Board C/O MARGARET MCLEAN, TTEC HOLDINGS INC, 9197 SOUTH PEORIA STREET, ENGLEWOOD CO 80112
Robert N Frerichs director C/O TTEC HOLDINGS, INC., 9197 S. PEORIA ST., ENGLEWOOD CO 80112
Gina Loften director 9197 S. PEORIA ST., ENGLEWOOD CO 80112
George Demou officer: President, TTEC Digital 9197 S. PEORIA ST., ENGLEWOOD CO 80112
Richard Sean Erickson officer: SVP, Global Head-TTEC Engage 9197 S. PEORIA ST., ENGLEWOOD CO 80112
Judi Hand officer: EVP, Chief Sales Officer 9197 S. PEORIA STREET, ENGLEWOOD CO 80112
Martin F Deghetto officer: EVP, Global Operations 9197 SOUTH PEORIA STREET, ENGLEWOOD CO 80112
Tracy L Bahl director