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BBGI (Beasley Broadcast Group) EBIT : $27.3 Mil (TTM As of Sep. 2024)


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What is Beasley Broadcast Group EBIT?

Beasley Broadcast Group's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $1.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $27.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Beasley Broadcast Group's annualized ROC % for the quarter that ended in Sep. 2024 was 1.21%. Beasley Broadcast Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Beasley Broadcast Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 9.37%.


Beasley Broadcast Group EBIT Historical Data

The historical data trend for Beasley Broadcast Group'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.

Beasley Broadcast Group EBIT Chart

Beasley Broadcast Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.87 -7.01 19.73 -32.92 -72.65

Beasley Broadcast Group 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 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 -84.37 15.24 5.19 5.73 1.16

Competitive Comparison of Beasley Broadcast Group's EBIT

For the Broadcasting subindustry, Beasley Broadcast Group'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.


Beasley Broadcast Group's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Beasley Broadcast Group's EV-to-EBIT distribution charts can be found below:

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



Beasley Broadcast Group 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 $27.3 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.


Beasley Broadcast Group  (NAS:BBGI) EBIT Explanation

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

Beasley Broadcast Group'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 )
=8.636 * ( 1 - 26.57% )/( (526.136 + 524.539)/ 2 )
=6.3414148/525.3375
=1.21 %

where

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

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

Beasley Broadcast Group'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 )
=4.648/( ( (83.351 + max(13.491, 0)) + (80.116 + max(13.33, 0)) )/ 2 )
=4.648/( ( 96.842 + 93.446 )/ 2 )
=4.648/95.144
=4.89 %

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)
=(47.175 + 0 + 7.954) - (13.738 + 0 + 27.9)
=13.491

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(49.112 + 0 + 10.661) - (19.138 + 0 + 27.305)
=13.33

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:

Beasley Broadcast Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=27.326/291.735
=9.37 %

* 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.


Beasley Broadcast Group EBIT Related Terms

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Beasley Broadcast Group Business Description

Traded in Other Exchanges
N/A
Address
3033 Riviera Drive, Suite 200, Naples, FL, USA, 34103
Beasley Broadcast Group Inc is a multi-platform media company, whose primary business is operating radio stations throughout the United States. The Company offers local and national advertisers integrated marketing solutions across audio, digital and event platforms. The Company owns and operates stations in the following markets: Atlanta, GA, Augusta, GA, Boston, MA, Charlotte, NC, Detroit, MI, Fayetteville, NC, Fort Myers-Naples, FL, Las Vegas, NV, Middlesex, NJ, Monmouth, NJ, Morristown, NJ, Philadelphia, PA, Tampa-Saint Petersburg, FL, and Wilmington, DE. The Company currently operates three operating segments Audio, Digital and esports.
Executives
Brian E Beasley director, officer: Vice President of Operations 3033 RIVERA DRIVE, SUITE 200, NAPLES FL 34103
Caroline Beasley director, 10 percent owner, officer: CFO
Bruce G Beasley director, 10 percent owner, officer: President 3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
Bradley C Beasley 10 percent owner 3033 RIVERA DRIVE, SUITE 200, NAPLES FL 34103
Gordon H Smith director 6903 ROCKLEDGE DRIVE, SUITE 1500, BETHESDA MD 21771
Christopher D. Ornelas officer: General Counsel C/O BEASLEY BROADCAST GROUP, INC., 3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
Warfield Charles M. Jr. director C/O BEASLEY BROADCAST GROUP, INC., 3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
George G Beasley director, 10 percent owner, officer: CEO
Leslie V Godridge director
Mark S Fowler director C/O TALK AMERICA HOLDINGS, INC., 12020 SUNRISE VALLEY DR, STE. 250, RESTON VA 20191
Cristina Bordes 2009 Gift Trust other: See Remarks C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Stephanie L. Bordes other: See Remarks C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Stephen M. Bordes other: See Remarks C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Cristina Bordes 10 percent owner C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Bordes 2015 Grat #7 Lee other: See Remarks C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005