RWE AG (XTER:RWE) EBIT

: €1,641 Mil (TTM As of Jun. 2023)

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RWE AG's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was €951 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was €1,641 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. RWE AG's annualized ROC % for the quarter that ended in Jun. 2023 was 0.45%. RWE AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 13.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. RWE AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 8.41%.

RWE AG EBIT Historical Data

The historical data trend for RWE AG'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.

RWE AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

493.00

387.00

1,816.00

2,018.00

1,544.00

RWE AG Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
EBIT																304.00	523.00	-2,655.00	2,822.00	951.00

RWE AG 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,641 Mil.

RWE AG (XTER:RWE) EBIT Explanation

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

RWE AG's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	608 * ( 1 - 30% )	/	( (100199	+	91029)	/ 2 )
=	425.6	/	95614
=	0.45 %

where

	Invested Capital		(Q: Mar. 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	))
=	121859	-	6017	-	( 15643	-	max(0, 53013	-	70121	+	15643	))
=	100199

	Invested Capital		(Q: Jun. 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	))
=	114216	-	6862	-	( 16325	-	max(0, 45356	-	62883	+	16325	))
=	91029

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

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

RWE AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	3804	/	( ( (28048 + max(1465, 0))	+	(27047 + max(1202, 0)) )	/	2 )
=	3804	/	( ( 29513	+	28249 )	/	2 )
=	3804	/	28881
=	13.17 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(7936	+	1816	+	44726)	-	(6017	+	0	+	46996)
=	1465

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(8307	+	2099	+	36152)	-	(6862	+	0	+	38494)
=	1202

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	1641	/	19510.923
	=	8.41 %

RWE AG EBIT Related Terms

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RWE AG (XTER:RWE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » RWE AG (XTER:RWE) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

RWNFF:USA RWEOY:USA RWE:Italy RWEd:UK 0HA0:UK RWE:Czech Republic RWE:Austria

Address

RWE Platz 1, Essen, NW, DEU, 45141

Website

https://www.rwe.com

Since the deal with E.On, RWE is refocused on power generation, mostly in Europe. It owns 38 gigawatts of power generation capacity: 28% from lignite and hard coal plants, 37% from gas plants, 40% from renewables including pumped storage and batteries. Besides Germany, RWE's power plants are chiefly located in the United Kingdom, the Netherlands, Turkey, and the United States for many onshore wind farms.

Executives

Mag. Dr. H.c. Monika Kircher	Supervisory Board
Dr. Hans-peter Keitel	Supervisory Board
Dr. Michael Müller	Board of Directors
Dr. Markus Krebber	Board of Directors
Zvezdana Seeger	Board of Directors
Dr. Werner Brandt	Supervisory Board
Ullrich Sierau	Supervisory Board
Helle Valentin	Supervisory Board
Ute Gerbaulet	Supervisory Board
Dr. Erhard Schipporeit	Supervisory Board
Hauke Stars	Supervisory Board
Dr. Andreas Wagner	Supervisory Board
Dr. Rolf Martin Schmitz	Board of Directors
Dagmar Mühlenfeld	Supervisory Board
Peter Ottmann	Supervisory Board

RWE AG (XTER:RWE) Headlines

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