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CCRN (Cross Country Healthcare) EBIT : $-14 Mil (TTM As of Dec. 2024)


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What is Cross Country Healthcare EBIT?

Cross Country Healthcare's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was $-3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was $-14 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cross Country Healthcare's annualized ROC % for the quarter that ended in Dec. 2024 was 1.74%. Cross Country Healthcare's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -8.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cross Country Healthcare's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -3.28%.


Cross Country Healthcare EBIT Historical Data

The historical data trend for Cross Country Healthcare'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.

Cross Country Healthcare EBIT Chart

Cross Country Healthcare Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.44 140.07 267.49 110.99 -14.21

Cross Country Healthcare Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 13.56 4.15 -18.99 3.94 -3.31

Competitive Comparison of Cross Country Healthcare's EBIT

For the Medical Care Facilities subindustry, Cross Country Healthcare'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.


Cross Country Healthcare's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Cross Country Healthcare's EV-to-EBIT falls into.



Cross Country Healthcare 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-14 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.


Cross Country Healthcare  (NAS:CCRN) EBIT Explanation

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

Cross Country Healthcare's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=8.312 * ( 1 - 4.11% )/( (474.966 + 442.672)/ 2 )
=7.9703768/458.819
=1.74 %

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))
=597.423 - 58.436 - ( 64.021 - max(0, 120.677 - 336.586+64.021))
=474.966

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

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

Cross Country Healthcare's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-13.224/( ( (31.675 + max(131.718, 0)) + (31.318 + max(115.41, 0)) )/ 2 )
=-13.224/( ( 163.393 + 146.728 )/ 2 )
=-13.224/155.0605
=-8.53 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(244.987 + 0 + 5.348) - (58.436 + 0 + 60.181)
=131.718

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(223.238 + 0 + 10.485) - (64.946 + 0 + 53.367)
=115.41

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Cross Country Healthcare's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-14.21/433.294
=-3.28 %

* 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.


Cross Country Healthcare EBIT Related Terms

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Cross Country Healthcare Business Description

Traded in Other Exchanges
N/A
Address
6551 Park of Commerce Boulevard, N.W., Boca Raton, FL, USA, 33487
Cross Country Healthcare Inc is a provider of total talent management services, including strategic workforce solutions, contingent staffing, permanent placement, and consultative services for healthcare customers. The company operates in two business segments: the nurse and allied staffing segment, which generates a vast majority of revenue, offers temporary and permanent placements of travel and local nurses and allied professionals, and other outsourcing services.: the Physician Staffing segment provides licensed practitioners across a broad array of specialties, as well as certified registered nurse anesthetists (CRNAs), nurse practitioners (NPs), and physician assistants (PAs) on temporary assignments. The company earns majority of its revenue from the United States.
Executives
Cynthia Ann Grieco officer: VP, Corporate Treasurer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., N.W., BOCA RATON FL 33487
Karen Mote officer: President.- MD Associates C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVENUE, BOCA RATON FL 33487
Marc S. Krug officer: Group President, Delivery C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., N.W., BOCA RATON FL 33487
Phillip Lyn Noe officer: Chief Information Officer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., BOCA RATON FL 33487
Susan E Ball officer: General Counsel & Asst. Secy 6551 PARK OF COMMERCE BLVD., BOCA RATON FL 33487
Redd James V. Iii officer: Chief Accounting Officer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD, N.W., BOCA RATON FL 33487
William J. Burns officer: Chief Financial Officer C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVENUE, BOCA RATON FL 33487
Mcdonald Colin Patrick officer: SVP, Human Resources C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVENUE, BOCA RATON FL 33487
Dwayne Allen director C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Venkat Bhamidipati director 6220 AMERICA CENTER DRIVE, SAN JOSE CA 95002
W Larry Cash director 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
John Anthony Martins officer: Group Pres., Nurse & Allied C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVE., BOCA RATON FL 33487
Daniel Joseph White officer: Chief Commercial Officer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., N.W., BOCA RATON FL 33487
Joseph Trunfio director C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BOULEVARD, N.W., BOCA RATON FL 33487
Daniele Addis officer: SVP, Business Services C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BOULEVARD, N.W., BOCA RATON FL 33487