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ZipRecruiter (ZipRecruiter) EBIT : $87.9 Mil (TTM As of Mar. 2024)


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What is ZipRecruiter EBIT?

ZipRecruiter's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $4.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $87.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ZipRecruiter's annualized ROC % for the quarter that ended in Mar. 2024 was -4.88%. ZipRecruiter's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 107.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ZipRecruiter's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.65%.


ZipRecruiter EBIT Historical Data

The historical data trend for ZipRecruiter'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.

ZipRecruiter EBIT Chart

ZipRecruiter Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-5.19 65.37 -8.36 102.58 99.94

ZipRecruiter Quarterly Data
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 15.98 27.54 37.36 19.06 3.97

Competitive Comparison of ZipRecruiter's EBIT

For the Staffing & Employment Services subindustry, ZipRecruiter'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.


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

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

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



ZipRecruiter 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 $87.9 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.


ZipRecruiter  (NYSE:ZIP) EBIT Explanation

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

ZipRecruiter'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 )
=-3.624 * ( 1 - -92.28% )/( (133.56 + 151.775)/ 2 )
=-6.9682272/142.6675
=-4.88 %

where

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))
=662.444 - 41.663 - ( 512.981 - max(0, 83.125 - 552.131+512.981))
=151.775

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

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

ZipRecruiter'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 )
=15.892/( ( (14.957 + max(-38.27, 0)) + (14.745 + max(-39.016, 0)) )/ 2 )
=15.892/( ( 14.957 + 14.745 )/ 2 )
=15.892/14.851
=107.01 %

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)
=(27.247 + 0 + 14.924) - (48.522 + 12.86 + 19.059)
=-38.27

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.255 + 0 + 12.895) - (41.663 + 13.019 + 23.484)
=-39.016

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=87.934/1017.135
=8.65 %

* 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.


ZipRecruiter EBIT Related Terms

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ZipRecruiter (ZipRecruiter) Business Description

Traded in Other Exchanges
Address
604 Arizona Avenue, Santa Monica, CA, USA, 90401
ZipRecruiter Inc is an online employment marketplace. It was founded to make meaningful connections between job seekers and employers. It connects millions of job seekers with companies of all sizes.
Executives
Timothy G. Yarbrough officer: Chief Business Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Ryan T. Sakamoto officer: General Counsel and Secretary 604 ARIZONA AVE, SANTA MONICA CA 90401
Amy Garefis officer: Principal Accounting Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
David Travers officer: Chief Financial Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Lora Bartolome officer: VP, Accounting & Controller C/O ZIPRECRUITER, INC., 604 ARIZONA AVENUE, SANTA MONICA CA 90401
Qasim Saifee officer: Chief Marketing Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
J Sanford Miller 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Boris F. Shimanovsky officer: Chief Technology Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Todd C Chaffee 10 percent owner 3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025
Institutional Venture Management Xv, Llc 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Ian H. Siegel director, 10 percent owner, officer: Chief Executive Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Institutional Venture Management Xiv, Llc 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Jules A. Maltz 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Somesh Dash 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Stephen J Harrick 10 percent owner 3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025