GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » EIDP Inc (NYSE:CTApB.PFD) » Definitions » EBIT

EIDP (CTAPB.PFD) EBIT : $1,488.00 Mil (TTM As of Dec. 2024)


View and export this data going back to 1937. Start your Free Trial

What is EIDP EBIT?

EIDP's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was $110.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was $1,488.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EIDP's annualized ROC % for the quarter that ended in Dec. 2024 was -4.18%. EIDP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 5.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EIDP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 76.35%.


EIDP EBIT Historical Data

The historical data trend for EIDP'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.

EIDP EBIT Chart

EIDP 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 720.00 2,376.00 1,505.00 1,326.00 1,508.00

EIDP 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 -261.00 523.00 1,404.00 -549.00 110.00

Competitive Comparison of EIDP's EBIT

For the Agricultural Inputs subindustry, EIDP'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.


EIDP's EV-to-EBIT Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, EIDP's EV-to-EBIT distribution charts can be found below:

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



EIDP 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 $1,488.00 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.


EIDP  (NYSE:CTApB.PFD) EBIT Explanation

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

EIDP'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 )
=872 * ( 1 - 258% )/( (34677 + 31307)/ 2 )
=-1377.76/32992
=-4.18 %

where

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

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

EIDP'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 )
=440/( ( (4210 + max(6484, 0)) + (4099 + max(1064, 0)) )/ 2 )
=440/( ( 10694 + 5163 )/ 2 )
=440/7928.5
=5.55 %

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)
=(6651 + 5674 + 831) - (6243 + 429 + 0)
=6484

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4448 + 5432 + 820) - (6349 + 3287 + 0)
=1064

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=1488/1949.000
=76.35 %

* 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.


EIDP EBIT Related Terms

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


EIDP Business Description

Traded in Other Exchanges
Address
9330 Zionsville Road, Indianapolis, IN, USA, 46268
EIDP Inc provides Agricultural solutions to the farmers. The company operates in two segments: seed and crop protection. The seed segment develops and supplies commercial seed combining superior germplasm with traits to produce high yield potential for farmers, while the crop protection segment supplies products to protect crop yields against weeds, insects, and disease. Some of its products include Corn, Soybean, oilseeds, Fungicides, Herbicides, and Insecticides. Its geographical segments include United States, EMEA(Europe, the Middle East, and Africa), Canada, Latin America, and the Asia Pacific. Nearly half of the revenue comes from United States.
Executives
Gregory R Friedman director, officer: Executive VP, CFO C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Brian Titus officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Collins James C. Jr. director, officer: Chief Executive Officer 1007 MARKET STREET, D-9058, WILMINGTON DE 19898
Neal Gutterson officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Meghan Cassidy officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Timothy P Glenn officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Fuerer Cornel B officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Rajan Gajaria officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Christopher Marc Doyle officer: Senior Vice President 974 CENTRE ROAD, CRP 730, WILMINGTON DE 19805
James L Gallogly director 600 NORTH DAIRY ASHFORD ROAD, HOUSTON TX 77079
Edward D Breen director C/O TYCO INTERNATIONAL (US) INC, 9 WEST 57TH ST 43RD FL., NEW YORK NY 10019
Douglas W. Muzyka officer: SVP & Chief S&T Officer 1007 MARKET STREET, D9058, WILMINGTON DE 19898
Matthew L. Trerotola officer: Executive Vice President 2711 CENTERVILLE ROAD, SUITE 400, WILMINGTON DE 19808
Ulf M. Schneider director 1007 MARKET STREET, D-9000, WILMINGTON DE 19898
Stacy L Fox officer: SVP & General Counsel

EIDP Headlines

From GuruFocus

US Market Indexes Gain on Tuesday

By Julie Young Julie Young 06-13-2017

US Stocks Report Losses on Monday

By Julie Young Julie Young 04-03-2017

Dow-DuPont Merger Granted Conditional Approval by EU

By Sydnee Gatewood Sydnee Gatewood 03-27-2017

Stocks Lower with Flat Retail Sales Report

By Julie Young Julie Young 08-12-2016

U.S. Stocks Higher as Economy Is Reported Weaker

By Julie Young Julie Young 06-01-2016

US Market Indexes End Lower on Friday

By Julie Young Julie Young 04-07-2017

U.S. Market Indexes Reach New Highs

By Julie Young Julie Young 07-18-2016

Dow Jones Closes at New High of 21532.14

By Julie Young Julie Young 07-13-2017