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YETI Holdings (YETI Holdings) EBIT : $236 Mil (TTM As of Mar. 2024)


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What is YETI Holdings EBIT?

YETI Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $26 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $236 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. YETI Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was 11.59%. YETI Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 26.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. YETI Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.83%.


YETI Holdings EBIT Historical Data

The historical data trend for YETI 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.

YETI Holdings EBIT Chart

YETI 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 89.77 214.23 274.94 126.36 225.46

YETI Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.10 50.33 61.88 98.15 25.82

Competitive Comparison of YETI Holdings's EBIT

For the Leisure subindustry, YETI 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.


YETI Holdings's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, YETI Holdings's EV-to-EBIT distribution charts can be found below:

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



YETI 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $236 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.


YETI Holdings  (NYSE:YETI) EBIT Explanation

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

YETI Holdings's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=103.268 * ( 1 - 29.14% )/( (543.773 + 718.662)/ 2 )
=73.1757048/631.2175
=11.59 %

where

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))
=1297.192 - 314.459 - ( 438.96 - max(0, 398.353 - 914.405+438.96))
=543.773

Invested Capital(Q: Mar. 2024 )
=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))
=1119.804 - 227.231 - ( 173.911 - max(0, 298.77 - 703.185+173.911))
=718.662

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

YETI Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=103.268/( ( (208.27 + max(98.397, 0)) + (207.112 + max(252.574, 0)) )/ 2 )
=103.268/( ( 306.667 + 459.686 )/ 2 )
=103.268/383.1765
=26.95 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(95.774 + 337.208 + 42.463) - (314.459 + 22.437 + 40.152)
=98.397

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(108.35 + 363.919 + 57.005) - (227.231 + 11.084 + 38.385)
=252.574

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=236.177/3455.652
=6.83 %

* 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.


YETI Holdings EBIT Related Terms

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YETI Holdings (YETI Holdings) Business Description

Traded in Other Exchanges
Address
7601 Southwest Parkway, Austin, TX, USA, 78735
YETI Holdings Inc is a designer, marketer, and distributor of premium products for the outdoor and recreation market sold under the YETI brand. The company offers products including coolers and equipment, drinkware, and other accessories. Its trademark products include YETI, Tundra, Hopper, YETI TANK, Rambler, Colster, Rambler Colster, Roadie, and Wildly Stronger! Keep Ice Longer!, SideKick, FatWall, PermaFrost, T-Rex, ColdLock, NeverFail, AnchorPoint, InterLock, BearFoot, Vortex, DoubleHaul, LipGrip, Vortex, DryHide, ColdCell, HydroLock, Over-the-Nose, and LOAD-AND-LOCK. The company distributes products through wholesale channels and through direct-to-consumer, or DTC, channels.
Executives
Michael John Mcmullen officer: Interim CFO 7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Martin Duff officer: SVP Supply Chain & Operations 7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Syed Faiz Ahmad officer: Chief Commercial Officer 7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Matthew J Reintjes director, officer: President and CEO 5301 SOUTHWEST PARKWAY, SUITE 200, AUSTIN TX 78735
Kirk A Zambetti officer: SVP of Sales 7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Bryan C. Barksdale officer: SVP, GC and Secretary 7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Hollie Sammons Castro officer: SVP of Talent 2101 CITYWEST BLVD., HOUSTON TX 77042
Paul C Carbone officer: SVP and CFO YETI HOLDING, INC., 7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Roy J Seiders director, 10 percent owner 5301 SOUTHWEST PARKWAY, SUITE 200, AUSTIN TX 78735
Alison Dean director C/O IROBOT CORPORATION, 63 SOUTH AVENUE, BURLINGTON MA 01803
Tracey D Brown director 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
Cortec Group Gp, Llc 10 percent owner 140 EAST 45TH STREET, 43RD FLOOR, NEW YORK NY 10017
Mary Lou Kelley director 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Michael K Kienitz officer: SVP, Operations 7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Frank D Gibeau director 699 8TH STREET, C/O ZYNGA INC., SAN FRANCISCO CA 94103