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Central Garden & Pet Co (Central Garden & Pet Co) EBIT : $231 Mil (TTM As of Dec. 2023)


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What is Central Garden & Pet Co EBIT?

Central Garden & Pet Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $231 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Central Garden & Pet Co's annualized ROC % for the quarter that ended in Dec. 2023 was -2.47%. Central Garden & Pet Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Central Garden & Pet Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.36%.


Central Garden & Pet Co EBIT Historical Data

The historical data trend for Central Garden & Pet Co'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.

Central Garden & Pet Co EBIT Chart

Central Garden & Pet Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.87 197.75 253.41 257.16 219.47

Central Garden & Pet Co Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only 2.80 78.82 125.09 12.76 14.01

Competitive Comparison of Central Garden & Pet Co's EBIT

For the Packaged Foods subindustry, Central Garden & Pet Co'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.


Central Garden & Pet Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Central Garden & Pet Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Central Garden & Pet Co's EV-to-EBIT falls into.



Central Garden & Pet Co 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 $231 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.


Central Garden & Pet Co  (NAS:CENT) EBIT Explanation

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

Central Garden & Pet Co'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 )
=33.648 * ( 1 - 287.75% )/( (2482.775 + 2638.245)/ 2 )
=-63.17412/2560.51
=-2.47 %

where

Invested Capital(Q: Sep. 2023 )
=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))
=3378.648 - 407.143 - ( 488.73 - max(0, 457.987 - 1707.123+488.73))
=2482.775

Invested Capital(Q: Dec. 2023 )
=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))
=3422.334 - 442.67 - ( 341.419 - max(0, 494.171 - 1714.06+341.419))
=2638.245

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

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

Central Garden & Pet Co'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 )
=56.056/( ( (565.308 + max(811.25, 0)) + (566.939 + max(929.971, 0)) )/ 2 )
=56.056/( ( 1376.558 + 1496.91 )/ 2 )
=56.056/1436.734
=3.90 %

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)
=(332.89 + 838.188 + 47.315) - (407.143 + 0 + 5.6843418860808E-14)
=811.25

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(370.996 + 948.398 + 53.247) - (442.67 + 0 + 0)
=929.971

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:

Central Garden & Pet Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=230.686/3626.951
=6.36 %

* 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.


Central Garden & Pet Co EBIT Related Terms

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Central Garden & Pet Co (Central Garden & Pet Co) Business Description

Traded in Other Exchanges
Address
1340 Treat Boulevard, Suite 600, Walnut Creek, CA, USA, 94597
Central Garden & Pet Co understands that home is central to life and has nurtured happy and healthy homes for over forty years. The segments of the company are the pet segment and garden segment. The company's trusted products are dedicated to helping lawns grow greener, gardens bloom bigger, pets live healthier and communities grow stronger. Central is home to a portfolio of more than sixty-five brands including Pennington, Nylabone, Kaytee, Amdro, and Aqueon, manufacturing and distribution capabilities, and a passionate, entrepreneurial growth culture. Central Garden and Pet is based in Walnut Creek, California, and has offices across North America and Europe.
Executives
John Edward Hanson officer: Senior Vice President C/O CENTRAL GARDEN & PET COMPANY, 1340 TREAT BOULEVARD, SUITE 600, WALNUT CREEK CA 94597
John Ranelli director C/O CENTRAL GARDEN & PET COMPANY, 1340 TREAT BOULEVARD, SUITE 600, WALNUT CREEK CA 94597
Brooks Iii Pennington director 1280 ATLANTA HWY, MADISON GA 30650
Howard Machek officer: Chief Accounting Officer C/O CENTRAL GARDEN & PET COMPANY, 1340 TREAT BLVD #600, WALNUT CREEK CA 94597
William E Brown director, 10 percent owner, officer: Chairman 3697 MOUNT DIABLO BLVD, SUITE 310, LAFAYETTE CA 94549
Nicholas Lahanas officer: Chief Financial Officer 4666 MISSION AVENUE, SUITE 1, SAN DIEGO CA 92116
George A. Yuhas officer: General Counsel C/O CENTRAL GARDEN & PET COMPANY, 1340 TREAT BOULEVARD, SUITE 600, WALNUT CREEK CA 94597
Brendan Dougher director C/O CENTRAL GARDEN & PET COMPANY, 1340 TREAT BOULEVARD, SUITE 600, WALNUT CREEK CA 94597
Thomas J Colligan director CORGENTECH INC, 650 GATEWAY BOULEVARD, SOUTH SAN FRANCISCO CA 94080
John Balousek director 303 PEACHTREE CENTER AVE, SUITE 500, ALTANTA GA 30303
William Lawrence Lynch officer: Senior Vice President C/O CENTRAL GARDEN & PET COMPANY, 1340 TREAT BLOULEVARD SUITE 600, WALNUT CREEK CA 94597
Mary Beth Springer director SPRINGER MARY BETH, 111 SYCAMORE AVENUE, SAN MATEO CA 94402
Michael Edwards director BORDERS GROUP, INC., 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Christopher T Metz director BLACK & DECKER CORP, 701 EAST JOPPA ROAD, TOWSON MD 21286
Kay Schwichtenberg officer: Executive Vice President C/O CENTRAL GARDEN & PET COMPANY, 1340 TREAT BOULEVARD, SUITE 600, WALNUT CREEK CA 94597