ATGE has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
ATGE has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Adtalem Global Education's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $260 Mil.
EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Adtalem Global Education's annualized ROC % for the quarter that ended in Sep. 2024 was 8.87%. Adtalem Global Education's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 67.25%.
EBIT is also linked to Joel Greenblatt's definition of earnings yield. Adtalem Global Education's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 6.62%.
The historical data trend for Adtalem Global Education'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.
Adtalem Global Education Annual Data | |||||||||||||||||||||
Trend | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | Jun24 | |||||||||||
EBIT | Get a 7-Day Free Trial | 224.50 | 117.13 | 47.45 | 170.28 | 218.20 |
Adtalem Global Education Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
EBIT | Get a 7-Day Free Trial | 28.97 | 59.70 | 61.94 | 68.00 | 70.75 |
For the Education & Training Services subindustry, Adtalem Global Education'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.
For the Education industry and Consumer Defensive sector, Adtalem Global Education's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Adtalem Global Education's EV-to-EBIT falls into.
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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $260 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.
Adtalem Global Education (NYSE:ATGE) EBIT Explanation
1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Adtalem Global Education's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:
ROC % (Q: Sep. 2024 ) | ||||||
= | NOPAT | / | Average Invested Capital | |||
= | Operating Income * ( 1 - Tax Rate % ) | / | ( (Invested Capital (Q: Jun. 2024 ) | + | Invested Capital (Q: Sep. 2024 )) | / count ) |
= | 289.328 * ( 1 - 20.82% ) | / | ( (2540.033 | + | 2623.63) | / 2 ) |
= | 229.0899104 | / | 2581.8315 | |||
= | 8.87 % |
where
Invested Capital | (Q: Jun. 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 | )) |
= | 2741.417 | - | 270.956 | - | ( 219.306 | - | max(0, 487.657 | - | 418.085 | + | 219.306 | )) |
= | 2540.033 |
Invested Capital | (Q: Sep. 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 | )) |
= | 2817.707 | - | 228.472 | - | ( 264.798 | - | max(0, 551.309 | - | 516.914 | + | 264.798 | )) |
= | 2623.63 |
Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.
2. Joel Greenblatt's definition of Return on Capital:
Adtalem Global Education's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:
ROC (Joel Greenblatt) % | (Q: Sep. 2024 ) | ||||||
= | EBIT | / | Average of (Net fixed Assets | + | Net Working Capital) | ||
= | EBIT | / | Average of (Property, Plant and Equipment | + | Net Working Capital) | ||
Q: Jun. 2024 | Q: Sep. 2024 | ||||||
= | EBIT | / | ( ( (Property, Plant and Equipment + Net Working Capital) | + | (Property, Plant and Equipment + Net Working Capital) ) | / | count ) |
= | 283.008 | / | ( ( (425.279 + max(-257.449, 0)) | + | (416.424 + max(-269.517, 0)) ) | / | 2 ) |
= | 283.008 | / | ( ( 425.279 | + | 416.424 ) | / | 2 ) |
= | 283.008 | / | 420.8515 | ||||
= | 67.25 % |
where Working Capital is:
Working Capital | (Q: Jun. 2024 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (126.833 | + | 0 | + | 71.946) | - | (270.956 | + | 185.272 | + | 0) |
= | -257.449 |
Working Capital | (Q: Sep. 2024 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (168.919 | + | 0 | + | 80.607) | - | (228.472 | + | 290.571 | + | 0) |
= | -269.517 |
When net working capital is negative, 0 is used.
Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.
3. It is also linked to Joel Greenblatt's definition of Earnings Yield:
Adtalem Global Education's Earnings Yield (Joel Greenblatt) % for today is calculated as:
Earnings Yield (Joel Greenblatt) % | = | EBIT (TTM) | / | Enterprise Value (Q: Sep. 2024 ) |
= | 260.39 | / | 3934.469 | |
= | 6.62 % |
* 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.
Thank you for viewing the detailed overview of Adtalem Global Education's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
William W Burke | director | 3868 MOCKINGBIRD LN, DALLAS TX 75205 |
Lisa W Wardell | director | 5900 RYLAND DRIVE, BETHESDA MD 20817 |
Maurice Herrera | officer: Chief Marketing Officer | 500 W. MONROE, 28TH FLOOR, CHICAGO IL 60661 |
Manjunath Gangadharan | officer: VP, Chief Accounting Officer | 600 WEST CHICAGO AVE., STE 400, CHICAGO IL 60654 |
Blake Simpson | officer: SVP, Chief Comms Officer | 500 W. MONROE, SUITE 1300, CHICAGO IL 60661 |
Lyle Logan | director | ONE TOWER LANE, OAKBROOK TERRACE IL 60181 |
Evan Trent | officer: SVP, Chief Strat. & Transform | 500 W. MONROE, 28TH FLOOR, CHICAGO IL 60661 |
William V Krehbiel | director | 500 W. MONROE, CHICAGO IL 60661 |
James Raymond Bartholomew | officer: President, DeVry University | 2449 MARCY AVENUE, EVANSTON IL 60201 |
Michael Betz | officer: President, Walden University | 500 W. MONROE, 28TH FLOOR, CHICAGO IL 60661 |
Cheryl James | officer: SVP, CHRO | 500 W. MONROE, 28TH FLOOR, CHICAGO IL 60661 |
Sharon O'keefe | director | C/O VOCERA COMMUNICATIONS, INC., 525 RACE STREET, SAN JOSE CA 95126 |
Michael W Malafronte | director | INTERNATIONAL VALUE ADVISERS, LLC, 717 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10022 |
Georgette D. Kiser | director | 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505 |
Kenneth J Phelan | director | HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215 |
From GuruFocus
By GuruFocus Research • 05-03-2024
By GuruFocus Research • 05-03-2024
By GuruFocus News • 12-03-2024
By GuruFocus Research • 05-04-2024
By Sydnee Gatewood • 07-18-2024
By Business Wire • 08-20-2024
By GuruFocus Research • 09-13-2024
By Business Wire • 07-25-2024
By GuruFocus News • 11-05-2024
By GuruFocus Research • 08-10-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.