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ATIP (ATI Physical Therapy) EBIT : $7.6 Mil (TTM As of Sep. 2024)


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What is ATI Physical Therapy EBIT?

ATI Physical Therapy's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-18.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $7.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ATI Physical Therapy's annualized ROC % for the quarter that ended in Sep. 2024 was 0.58%. ATI Physical Therapy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -25.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ATI Physical Therapy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.00%.


ATI Physical Therapy EBIT Historical Data

The historical data trend for ATI Physical Therapy'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.

ATI Physical Therapy EBIT Chart

ATI Physical Therapy Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
58.21 90.09 -796.58 -496.30 -2.47

ATI Physical Therapy Quarterly Data
Dec19 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 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 1.00 12.72 0.83 12.33 -18.25

Competitive Comparison of ATI Physical Therapy's EBIT

For the Medical Care Facilities subindustry, ATI Physical Therapy'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.


ATI Physical Therapy's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, ATI Physical Therapy's EV-to-EBIT distribution charts can be found below:

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



ATI Physical Therapy 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.6 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.


ATI Physical Therapy  (OTCPK:ATIP) EBIT Explanation

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

ATI Physical Therapy'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 )
=4.972 * ( 1 - 0.39% )/( (864.892 + 857.412)/ 2 )
=4.9526092/861.152
=0.58 %

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))
=990.536 - 99.973 - ( 32.963 - max(0, 151.207 - 176.878+32.963))
=864.892

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

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

ATI Physical Therapy'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 )
=-73.004/( ( (273.33 + max(14.18, 0)) + (266.57 + max(19.534, 0)) )/ 2 )
=-73.004/( ( 287.51 + 286.104 )/ 2 )
=-73.004/286.807
=-25.45 %

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)
=(100.043 + 0 + 14.824) - (99.973 + 0 + 0.714)
=14.18

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(99.97 + 0 + 12.774) - (93.21 + 0 + 2.8421709430404E-14)
=19.534

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:

ATI Physical Therapy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=7.627/759.510
=1.00 %

* 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.


ATI Physical Therapy EBIT Related Terms

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ATI Physical Therapy Business Description

Traded in Other Exchanges
N/A
Address
790 Remington Boulevard, Bolingbrook, IL, USA, 60440
ATI Physical Therapy Inc is a recognized outpatient physical therapy provider in the United States specializing in outpatient rehabilitation and adjacent healthcare services. It offer a variety of services within the clinics, including physical therapy to treat spine, shoulder, knee and neck injuries or pain; work injury rehabilitation services, including work conditioning and work hardening; hand therapy; and other specialized treatment services.
Executives
Advent International Gp, Llc 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Omi Partnership Holdings Ltd. 10 percent owner C/O ONEX CORPORATION, 161 BAY STREET P.O. BOX 700, TORONTO A6 M5J 2S1
Marathon Asset Management Lp 10 percent owner ONE BRYANT PARK, 38TH FLOOR, NEW YORK NY 10036
Knighthead Master Fund Lp 10 percent owner MOURANT OZANNES CORP. SVCS. CAYMAN LTD, 94 SOLARIS AVENUE, CAMANA BAY, GRAND CAYMAN E9 KY1-1108
Marathon Stepstone Master Fund Lp 10 percent owner C/O MARATHON ASSET MANAGEMENT, L.P., ONE BRYANT PARK, 38TH FLOOR, NEW YORK NY 10036
Marathon Distressed Credit Master Fund 10 percent owner C/O MARATHON ASSET MANAGEMENT, L.P., ONE BRYANT PARK, 38TH FLOOR, NEW YORK NY 10036
Louis Hanover 10 percent owner C/O MARATHON ASSET MANAGEMENT, L.P., ONE BRYANT PARK, 38TH FLOOR, NEW YORK NY 10036
Randy Raisman director 790 REMINGTON BOULEVARD, BOLINGBROOK, IL 60440
Onex Capital Solutions Gp, Llc 10 percent owner C/O ONEX CREDIT MANAGEMENT LLC, 930 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Onex Capital Solutions Gp, Lp 10 percent owner C/O ONEX CREDIT MANAGEMENT LLC, 930 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Onex Capital Solutions Holdings, Lp 10 percent owner C/O ONEX CREDIT MANAGEMENT LLC, 930 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Khsu Spv Lp Llc 10 percent owner 280 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10017
Kh Ankle Llc 10 percent owner 280 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10017
Knighthead Annuity & Life Assurance Co 10 percent owner 280 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10017
Knighthead (ny) Fund, Lp 10 percent owner 280 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10017