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Alleghany (Alleghany) EBIT : $759 Mil (TTM As of Jun. 2022)


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What is Alleghany EBIT?

Alleghany's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2022 was $-135 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2022 was $759 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alleghany's annualized ROC % for the quarter that ended in Jun. 2022 was -1.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Alleghany's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was 5.93%.


Alleghany EBIT Historical Data

The historical data trend for Alleghany'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.

Alleghany EBIT Chart

Alleghany Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 119.76 130.32 1,223.59 245.77 1,515.01

Alleghany Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 545.91 -86.35 734.77 246.09 -135.38

Competitive Comparison of Alleghany's EBIT

For the Insurance - Property & Casualty subindustry, Alleghany'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.


Alleghany's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Alleghany's EV-to-EBIT distribution charts can be found below:

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



Alleghany 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $759 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.


Alleghany  (NYSE:Y) EBIT Explanation

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

Alleghany's annualized ROC % for the quarter that ended in Jun. 2022 is calculated as:

ROC % (Q: Jun. 2022 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Jun. 2022 ))/ count )
=-541.504 * ( 1 - 24.42% )/( (30612.0929 + 29806.80095)/ 2 )
=-409.2687232/30209.446925
=-1.35 %

where

Invested Capital(Q: Mar. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=31894.427 - 424.831 - ( 993.056 - 5% * 2711.058 )
=30612.0929

Invested Capital(Q: Jun. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=31007.865 - 389.837 - ( 941.519 - 5% * 2605.839 )
=29806.80095

Note: The EBIT data used here is four times the quarterly (Jun. 2022) data.

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2022 )
=759.131/12805.478
=5.93 %

* 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.


Alleghany EBIT Related Terms

Thank you for viewing the detailed overview of Alleghany's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Alleghany (Alleghany) Business Description

Traded in Other Exchanges
N/A
Address
1411 Broadway, 34th Floor, New York, NY, USA, 10018
Alleghany Corp is a property and casualty insurance company that owns and manages subsidiaries that operate reinsurance and insurance operations. The company also executes certain private capital investments. The company classifies its business into three reportable segments: reinsurance, insurance, and Alleghany Capital. These segments' underwriting activities are evaluated separately from investment and corporate activities. Reinsurance contracts are generally classified as a treaty or facultative contracts. Treaty reinsurance provides for the automatic reinsuring of all or a portion of a specified class of risk underwritten by the ceding company. Facultative reinsurance is geared toward individual risks.
Executives
Christopher Kent Dalrymple officer: VP and General Counsel C/O DARWIN PROFESSIONAL UNDERWRITERS INC 9 FARM SPRINGS ROAD FARMINGTON CT 06032
Ian H Chippendale director TRANSATLANTIC HOLDINGS, INC. 80 PINE ST NEW YORK NY 10005
Joseph Patrick Brandon officer: Executive Vice President C/O ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK NY 10018
Chris H Cheesman director C/O ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK NY 10018
Kerry J Jacobs officer: SVP, Chief Financial Officer C/O ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK NY 10018
William K Lavin director 375 PARK AVENUE SUITE 3201 NEW YORK NY 10152
John F Shannon officer: SVP, chief investment officer C/O ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK NY 10018
Phillip M Martineau director 414 EAST THIRD STREET PO BOX 1109 MUSCATINE IA 52761
Lauren M Tyler director C/O ALLEGHANY CORPORATION, 1411 BROADWAY, 34TH FLOOR, NEW YORK NY 10018
Jefferson Kirby director ALLEGHANY CORPORATION 7 TIMES SQUARE TOWER, 17TH FLOOR NEW YORK NY 10036
Rex D Adams director
Raymond Wong director C/O SPRING MOUNTAIN CAPITAL, LP 650 MADISON AVENUE, 20TH FLOOR NEW YORK NY 10022
James F Will director ST VINCENT COLLEGE, 300 PRASER PURCHASE RD, LATROBE PA 15650
Roger Bryce Gorham officer: SVP, Chief Financial Officer C/O ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK NY 10018
Sennott John Langton Jr officer: SVP C/O ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK NY 10018

Alleghany (Alleghany) Headlines

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