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Worldpay (Worldpay) EBIT : $596 Mil (TTM As of Jun. 2019)


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What is Worldpay EBIT?

Worldpay's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2019 was $237 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2019 was $596 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Worldpay's annualized ROC % for the quarter that ended in Jun. 2019 was 3.18%. Worldpay's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2019 was 79.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Worldpay's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2019 was 1.42%.


Worldpay EBIT Historical Data

The historical data trend for Worldpay'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.

Worldpay EBIT Chart

Worldpay Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 314.69 434.41 568.50 521.50 338.60

Worldpay Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 113.20 77.70 175.40 106.30 236.50

Competitive Comparison of Worldpay's EBIT

For the Specialty Business Services subindustry, Worldpay'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.


Worldpay's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Worldpay's EV-to-EBIT distribution charts can be found below:

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



Worldpay 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 Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $596 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.


Worldpay  (NYSE:WP) EBIT Explanation

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

Worldpay's annualized ROC % for the quarter that ended in Jun. 2019 is calculated as:

ROC % (Q: Jun. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2019 ) + Invested Capital (Q: Jun. 2019 ))/ count )
=946 * ( 1 - 11.4% )/( (26554.1 + 26215.8)/ 2 )
=838.156/26384.95
=3.18 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2019) data.

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

Worldpay's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2019  Q: Jun. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=946/( ( (1185.4 + max(-259.5, 0)) + (1193.3 + max(-425.1, 0)) )/ 2 )
=946/( ( 1185.4 + 1193.3 )/ 2 )
=946/1189.35
=79.54 %

where Working Capital is:

Working Capital(Q: Mar. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1710.2 + 0 + 5586) - (1147.1 + 29.5 + 6379.1)
=-259.5

Working Capital(Q: Jun. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1681 + 0 + 5785.9) - (1276.8 + 30.2 + 6585)
=-425.1

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2019) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2019 )
=595.9/42022.350
=1.42 %

* 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.


Worldpay EBIT Related Terms

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Worldpay (Worldpay) Business Description

Traded in Other Exchanges
N/A
Address
8500 Governor's Hill Drive, Symmes Township, OH, USA, 45249
Worldpay is one of the largest merchant acquirers in the world, allowing businesses to accept payments across numerous payment card brands. The company's activities span multiple channels, from the physical point-of-sale to online. Worldpay maintains its own direct salesforce and works with third-party resellers to distribute its offerings. Worldpay also provides outsourced payment processing to small to midsize banks.
Executives
Karen A Richardson director
Boon Sim director C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Kevin Costello director C/O ARIBA INC, 807 11TH AVENUE, SUNNYVALE CA 94089
Mark L Heimbouch director, officer: President and COO 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249-1384
Gary L Lauer director 440 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Stephanie Ferris officer: Chief Financial Officer C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Asif Ramji officer: Chief Product & Mktg Officer 3399 PEACHTREE ROAD NE, SUITE 1900, ATLANTA GA 30326
Christopher A Thompson officer: Chief Accounting Officer C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Lisa Hook director NEUSTAR, INC. - C/O DENIS CURRAN, 46000 CENTER OAK PLAZA, STERLING VA 20166
Royal Cole officer: EVP, Head of North Am. Region THE WESTERN UNION COMPANY, 12500 EAST BELFORD AVENUE, ENGLEWOOD CO 80112
Lee Adrean director 1564 NE EXPRESSWAY, ATTN: BJ PURCELL, ATLANTA GA 30329
Jeffrey E Stiefler director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Charles Drucker director, officer: Executive Chairman and CEO 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
Nelson F Greene officer: Chf Legal Officer & Secretary 1700 SOUTH PATTERSON BOULEVARD, DAYTON OH 45479
Michael Rake director C/O THE MCGRAW-HILL COMPANIES, 1221 AVENUE OF THE AMERICAS, 47TH FL., NEW YORK NY 10020