GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zurn Elkay Water Solutions Corp (NYSE:ZWS) » Definitions » EBIT

Zurn Elkay Water Solutions (Zurn Elkay Water Solutions) EBIT : $196 Mil (TTM As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Zurn Elkay Water Solutions EBIT?

Zurn Elkay Water Solutions's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $196 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zurn Elkay Water Solutions's annualized ROC % for the quarter that ended in Mar. 2024 was 7.73%. Zurn Elkay Water Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 41.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zurn Elkay Water Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.34%.


Zurn Elkay Water Solutions EBIT Historical Data

The historical data trend for Zurn Elkay Water Solutions'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.

Zurn Elkay Water Solutions EBIT Chart

Zurn Elkay Water Solutions Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 308.70 80.00 87.10 110.70 185.30

Zurn Elkay Water Solutions 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 41.30 56.40 57.60 30.00 51.80

Competitive Comparison of Zurn Elkay Water Solutions's EBIT

For the Pollution & Treatment Controls subindustry, Zurn Elkay Water Solutions'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.


Zurn Elkay Water Solutions's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zurn Elkay Water Solutions's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zurn Elkay Water Solutions's EV-to-EBIT falls into.



Zurn Elkay Water Solutions 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 $196 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.


Zurn Elkay Water Solutions  (NYSE:ZWS) EBIT Explanation

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

Zurn Elkay Water Solutions'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 )
=238 * ( 1 - 20.93% )/( (2452.9 + 2416.9)/ 2 )
=188.1866/2434.9
=7.73 %

where

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

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

Zurn Elkay Water Solutions'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 )
=207.2/( ( (180.3 + max(304.7, 0)) + (171.5 + max(332.3, 0)) )/ 2 )
=207.2/( ( 485 + 503.8 )/ 2 )
=207.2/494.4
=41.91 %

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)
=(210.2 + 277.6 + 26.3) - (77.4 + 0 + 132)
=304.7

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(222.9 + 286.6 + 22.3) - (90.2 + 0 + 109.3)
=332.3

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:

Zurn Elkay Water Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=195.8/5857.690
=3.34 %

* 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.


Zurn Elkay Water Solutions EBIT Related Terms

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


Zurn Elkay Water Solutions (Zurn Elkay Water Solutions) Business Description

Traded in Other Exchanges
Address
511 West Freshwater Way, Milwaukee, WI, USA, 53204
Zurn Elkay Water Solutions Corp designs procure, manufactures, and markets a range of clean water solutions for drinking water, hygiene, and sustainable water management. The Zurn Elkay product portfolio includes professional-grade water control and safety, water distribution and drainage, drinking water, finish plumbing, hygienic, environmental and site works products for public and private spaces.
Executives
Michael Troutman officer: Chief Information Officer 247 FRESHWATER WAY, SUITE 300, MILWAUKEE WI 53204
Craig Wehr officer: Group Ex., President-Zurn C/O REXNORD CORPORATION, P.O. BOX 2022, MILWAUKEE WI 53201
Emma M Mctague director 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Jeffrey A Schoon officer: Executive Vice President 511 W. FRESHWATER WAY, MILWAUKEE WI 53204
Kate Silha officer: Chief Human Resources Officer 511 W. FRESHWATER WAY, MILWAUKEE WI 53204
Rodney Jackson officer: SVP-Bus.&Corp. Development C/O REXNORD CORPORATION, P.O. BOX 2022, MILWAUKEE WI 53201
Sudhanshu Chhabra officer: VP-Zurn Business Systems C/O REXNORD CORPORATION, 247 FRESHWATER WAY, SUITE 300, MILWAUKEE WI 53204
Thomas Christopoul director RESOURCES CONNECTION INC, 17101 ARMSTRONG AVENUE, IRVINE CA 92614
Katz 2004 Dyn Trust 10 percent owner C/O ERROL R. HALPERIN, 444 W. LAKE STREET, SUITE 900, CHICAGO IL 60606
Errol R. Halperin director C/O VITAL THERAPIES, INC., 15010 AVENUE OF SCIENCE, SUITE 200, SAN DIEGO CA 92128
Timothy J Jahnke director 115 ANSLEY WAY, ROSWELL GA 30075
Hamilton William Edward Iv officer: Pres. Elkay Mfg. Company 511 W. FRESHWATER WAY, MILWAUKEE WI 53204
Cascade Bay Llc 10 percent owner C/O THE NORTHERN TRUST COMPANY, 50 S. LASALLE ST., B-3, CHICAGO IL 60603
Ice Mountain Llc 10 percent owner C/O THE NORTHERN TRUST COMPANY, 50 S. LASALLE ST., B-3, CHICAGO IL 60603
Ronald C. Katz 10 percent owner 827 S. GARFIELD STREET, HINSDALE IL 60521