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Twin Disc (Twin Disc) EBIT

: $17.4 Mil (TTM As of Dec. 2023)
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Twin Disc's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $3.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $17.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Twin Disc's annualized ROC % for the quarter that ended in Dec. 2023 was 3.01%. Twin Disc's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Twin Disc's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.20%.


Twin Disc EBIT Historical Data

The historical data trend for Twin Disc'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.

Twin Disc Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.43 -41.88 -7.48 14.73 16.72

Twin Disc Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT 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 Premium Member Only Premium Member Only Premium Member Only 4.84 3.82 10.71 -0.14 2.99

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Twin Disc'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.


Twin Disc EV-to-EBIT Distribution

For the Industrial Products industry and Industrials sector, Twin Disc's EV-to-EBIT distribution charts can be found below:

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



Twin Disc 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 $17.4 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.


Twin Disc  (NAS:TWIN) EBIT Explanation

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

Twin Disc'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 )
=14.028 * ( 1 - 64% )/( (167.337 + 168.629)/ 2 )
=5.05008/167.983
=3.01 %

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:

Twin Disc'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 )
=11.956/( ( (52.158 + max(98.564, 0)) + (52.351 + max(100.016, 0)) )/ 2 )
=11.956/( ( 150.722 + 152.367 )/ 2 )
=11.956/151.5445
=7.89 %

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)
=(39.756 + 126.236 + 22.788) - (90.216 + 0 + 1.4210854715202E-14)
=98.564

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(41.428 + 131.768 + 22.36) - (95.54 + 0 + 0)
=100.016

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=17.38/241.232
=7.20 %

* 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.


Twin Disc EBIT Related Terms

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Twin Disc (Twin Disc) Business Description

Traded in Other Exchanges
Address
222 East Erie Street, Suite 400, Milwaukee, WI, USA, 53202
Twin Disc Inc is a United States-based firm engaged in the manufacture and sale of marine and heavy-duty off-highway power transmission equipment. The company operates its business through two reportable segments: Manufacturing and Distribution. Its products portfolio includes marine transmissions, surface drives, propellers, and boat management systems as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and control systems.
Executives
Kevin M. Olsen director C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Juliann Larimer director C/O ZEBRA TECHNOLOGIES CORPORATION, 333 CORPORATE WOODS PARKWAY, VERNON HILLS IL 60061
Michael Doar director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
David B Rayburn director
Malcolm F Moore director 143 WATER STREET, 143 WATER STREET, WEST BEND WI 53095
Christopher Daniel Bridleman officer: VP Global Operations 1328 RACINE STREET, RACINE WI 53403
Denise Wilcox officer: VP-HUMAN RESOURCES 1328 RACINE STREET, RACINE WI 53403
Jeffrey Scott Knutson officer: Corporate Controller 1328 RACINE STREET, RACINE WI 53403
John H Batten officer: VP-GM - Marine 1328 RACINE ST., RACINE WI 53403
David R Zimmer director 1255 INDIAN MOUND WEST, BLOOMFIELD MI 48301
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc. 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Janet Plaut Giesselman director 25435 HARVARD RD., BEACHWOOD OH 44122