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Cadre Holdings (Cadre Holdings) EBIT : $57.5 Mil (TTM As of Dec. 2023)


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What is Cadre Holdings EBIT?

Cadre Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $13.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $57.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cadre Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 14.94%. Cadre Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 39.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cadre Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.17%.


Cadre Holdings EBIT Historical Data

The historical data trend for Cadre 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.

Cadre Holdings EBIT Chart

Cadre Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
27.78 52.26 35.62 15.58 57.46

Cadre Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.40 11.58 16.23 16.42 13.22

Competitive Comparison of Cadre Holdings's EBIT

For the Aerospace & Defense subindustry, Cadre 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.


Cadre Holdings's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cadre Holdings's EV-to-EBIT distribution charts can be found below:

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



Cadre 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $57.5 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.


Cadre Holdings  (NYSE:CDRE) EBIT Explanation

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

Cadre Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=54.948 * ( 1 - 22.72% )/( (274.638 + 293.855)/ 2 )
=42.4638144/284.2465
=14.94 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Cadre Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=52.872/( ( (50.3 + max(90.855, 0)) + (51.201 + max(78.776, 0)) )/ 2 )
=52.872/( ( 141.155 + 129.977 )/ 2 )
=52.872/135.566
=39.00 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(61.261 + 82.546 + 23.503) - (76.455 + 0 + 0)
=90.855

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(58.36 + 80.976 + 18.816) - (49.633 + 5.122 + 24.621)
=78.776

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=57.455/1376.897
=4.17 %

* 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.


Cadre Holdings EBIT Related Terms

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Cadre Holdings (Cadre Holdings) Business Description

Traded in Other Exchanges
N/A
Address
13386 International Parkway, Jacksonville, FL, USA, 32218
Cadre Holdings Inc is engaged in the design and manufacture of a diversified product portfolio of critical safety and survivability equipment to protect first responders, federal agencies, outdoor recreation, and personal protection markets. The Company's equipment provides critical protection to allow its users to safely and securely perform their duties and protect those around them in hazardous or life-threatening situations. Its operations are comprised of two reportable segments: Products and Distribution.
Executives
Blaine Browers officer: CHIEF FINANCIAL OFFICER 13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Warren B Kanders director, 10 percent owner, officer: CEO AND CHAIRMAN ONE LANDMARK SQUARE, 22ND FLOOR, STAMFORD, CT 06901
Nicolas Sokolow director 100 BLVD MALESHERBES, PARIS I0 00000
Brad Williams officer: PRESIDENT 13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Deborah A Decotis director 1633 BROADWAY, NEW YORK NY 10019
Quigley William G Iii director
Hamish Norton director 13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Maui Holdings, Llc 10 percent owner 340 ROYAL POINCIANA WAY, SUITE 317-250, PALM BEACH FL 33480