The York Water Co (The York Water Co) EBIT : $32.08 Mil (TTM As of Dec. 2023)

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What is The York Water Co EBIT?

The York Water Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $8.20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $32.08 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The York Water Co's annualized ROC % for the quarter that ended in Dec. 2023 was 4.79%. The York Water Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The York Water Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.65%.

The York Water Co EBIT Historical Data

The historical data trend for The York Water Co'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.

The York Water Co EBIT Chart

The York Water Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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21.77

23.32

23.03

24.71

32.08

The York Water Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															6.58	5.71	8.92	9.26	8.20

Competitive Comparison of The York Water Co's EBIT

For the Utilities - Regulated Water subindustry, The York Water Co'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.

The York Water Co's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, The York Water Co's EV-to-EBIT distribution charts can be found below:

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

The York Water Co 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 $32.08 Mil.

The York Water Co (NAS:YORW) EBIT Explanation

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

The York Water Co'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 )
=	27.696 * ( 1 - 2.94% )	/	( (547.828	+	574.894)	/ 2 )
=	26.8817376	/	561.361
=	4.79 %

where

	Invested Capital		(Q: Sep. 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	))
=	561.753	-	16.946	-	( 0.001	-	max(0, 19.131	-	16.11	+	0.001	))
=	547.828

	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	))
=	588.205	-	15.87	-	( 0.001	-	max(0, 18.143	-	15.584	+	0.001	))
=	574.894

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

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

The York Water Co'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 )
=	32.8	/	( ( (475.292 + max(-6.209, 0))	+	(495.273 + max(-5.963, 0)) )	/	2 )
=	32.8	/	( ( 475.292	+	495.273 )	/	2 )
=	32.8	/	485.2825
=	6.76 %

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)
=	(7.994	+	3.225	+	1.703)	-	(16.946	+	0.596	+	1.589)
=	-6.209

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(8.25	+	3.109	+	0.821)	-	(15.87	+	0.644	+	1.629)
=	-5.963

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:

The York Water Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	32.081	/	689.300
	=	4.65 %

The York Water Co EBIT Related Terms

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The York Water Co (The York Water Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » The York Water Co (NAS:YORW) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

YWA:Germany

Address

130 East Market Street, York, PA, USA, 17401

Website

https://www.yorkwater.com

The York Water Co is an investor-owned water utility company in the United States. The primary business of the company is to impound, purify to meet or exceed safe drinking water standards and distribute water. It also owns and operates three wastewater collection systems and two wastewater treatment systems. The company operates within its franchised territory, which covers more than 54 municipalities within York County, Pennsylvania.

Executives

Steven R Rasmussen	director	130 EAST MARKET STREET, YORK PA 17401-1219
Alexandra C Chiaruttini	officer: CAO & General Counsel	130 EAST MARKET STREET, YORK PA 17401
Vernon L Bracey	officer: Vice President-Customer Svc	130 EAST MARKET STREET, YORK PA 17401-1219
Joseph Thomas Hand	officer: Chief Operating Officer	130 EAST MARKET STREET, YORK PA 17401-1219
Mark S Snyder	officer: Vice President-Engineering	130 EAST MARKET STREET, YORK PA 17401-1219
Natalee Colon	officer: VP-Human Resources	130 EAST MARKET STREET, YORK PA 17401
Matthew E Poff	officer: Chief Financial Officer	130 EAST MARKET STREET, YORK PA 17401-1219
Douglas S Brossman	director	130 E MARKET STREET, YORK PA 17401
Matthew J Scarpato	officer: VP- Operations	130 EAST MARKET STREET, YORK PA 17401
Laura T Wand	director	130 EAST MARKET STREET, YORK PA 17401
Mark A Wheeler	officer: Chief Administrative Officer	130 EAST MARKET STREET, YORK PA 17401
Kain George Hay Iii Esq	director	130 EAST MARKET STREET, YORK PA 17401-1219
Paul R Bonney	director	130 EAST MARKET STREET, YORK PA 17401
Cynthia Dotzel	director	105 LEADER HEIGHTS ROAD, YORK PA 17403
Jody L Keller	director	130 EAST MARKET STREET, YORK PA 17401-1219