GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wizz Air Holdings PLC (BUD:WIZZAIR) » Definitions » EBIT

Wizz Air Holdings (BUD:WIZZAIR) EBIT : Ft208,598 Mil (TTM As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Wizz Air Holdings EBIT?

Wizz Air Holdings's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was Ft186,885 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was Ft208,598 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wizz Air Holdings's annualized ROC % for the quarter that ended in Sep. 2024 was 2.39%. Wizz Air Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 27.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wizz Air Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.74%.


Wizz Air Holdings EBIT Historical Data

The historical data trend for Wizz Air Holdings'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.

Wizz Air Holdings EBIT Chart

Wizz Air Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 166,459.90 -227,012.99 -237,505.91 -179,612.41 228,377.94

Wizz Air Holdings 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 179,162.43 -29,098.63 27,135.27 23,676.30 186,884.66

Competitive Comparison of Wizz Air Holdings's EBIT

For the Airlines subindustry, Wizz Air Holdings'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.


Wizz Air Holdings's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wizz Air Holdings's EV-to-EBIT distribution charts can be found below:

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



Wizz Air Holdings 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 Ft208,598 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.


Wizz Air Holdings  (BUD:WIZZAIR) EBIT Explanation

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

Wizz Air Holdings'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 )
=109095.548 * ( 1 - 14.56% )/( (0 + 3904762.108)/ 1 )
=93211.2362112/3904762.108
=2.39 %

where

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))
=4006182.81 - 131513.036 - ( 765923.599 - max(0, 1209156.787 - 1179064.453+765923.599))
=3904762.108

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

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

Wizz Air Holdings'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 )
=747538.656/( ( (0 + max(0, 0)) + (2708266.648 + max(-601629.865, 0)) )/ 1 )
=747538.656/( ( 0 + 2708266.648 )/ 1 )
=747538.656/2708266.648
=27.60 %

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)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(101464.064 + 116380.148 + 24889.048) - (131513.036 + 0 + 712850.089)
=-601629.865

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:

Wizz Air Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=208597.609/2694399.074
=7.74 %

* 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.


Wizz Air Holdings EBIT Related Terms

Thank you for viewing the detailed overview of Wizz Air Holdings's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Wizz Air Holdings Business Description

Traded in Other Exchanges
Address
44 The Esplanade, Saint Helier, JEY, JE4 9WG
Wizz Air is a prominent ultralow-cost airline group operating primarily across Europe, the Middle East, North Africa, and Northwest Asia. Founded in 2003, the company offers scheduled short-haul and medium-haul point-to-point flights under the Wizz Air brand. As of March 2024, Wizz Air operated a fleet of 208 aircraft, connecting approximately 200 destinations across 50 countries.

Wizz Air Holdings Headlines

No Headlines