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DGICA (Donegal Group) EBIT : $63.3 Mil (TTM As of Sep. 2024)


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What is Donegal Group EBIT?

Donegal Group's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $20.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $63.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Donegal Group's annualized ROC % for the quarter that ended in Sep. 2024 was 2.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Donegal Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 11.33%.


Donegal Group EBIT Historical Data

The historical data trend for Donegal Group'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.

Donegal Group EBIT Chart

Donegal Group 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 64.47 31.23 -3.02 5.68 63.29

Donegal Group 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 -2.33 7.40 5.17 20.78 29.94

Competitive Comparison of Donegal Group's EBIT

For the Insurance - Property & Casualty subindustry, Donegal Group'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.


Donegal Group's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Donegal Group's EV-to-EBIT distribution charts can be found below:

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



Donegal Group 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 $63.3 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.


Donegal Group  (NAS:DGICA) EBIT Explanation

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

Donegal Group's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=83.116 * ( 1 - 17.93% )/( (2315.91865 + 2323.68485)/ 2 )
=68.2133012/2319.80175
=2.94 %

where

Invested Capital(Q: Jun. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=2335.253 - 7.447 - ( 24.226 - 5% * 246.773 )
=2315.91865

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=2346.126 - 6.377 - ( 28.651 - 5% * 251.737 )
=2323.68485

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

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=63.285/558.378
=11.33 %

* 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.


Donegal Group EBIT Related Terms

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Donegal Group Business Description

Traded in Other Exchanges
Address
1195 River Road, P.O. Box 302, Marietta, PA, USA, 17547-0302
Donegal Group Inc is an insurance holding company that offers businesses and individuals personal and commercial lines of property and casualty insurance. The company's reportable segments are its Investment function, Personal lines of insurance, and Commercial lines of insurance. Personal lines products consist mainly of homeowners and private passenger automobile policies. The Commercial lines products of its insurance subsidiaries consist mainly of commercial automobile, commercial multi-peril, and workers' compensation policies. The group mainly operates in the United States.
Executives
Donegal Mutual Insurance Co 10 percent owner 1195 RIVER ROAD, MARIETTA PA 17547
Vincent Anthony Viozzi officer: Sr. VP & Chief Inv Officer 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
Moore Sewell Trezevant Jr director LUMINENT MORTGAGE CAPITAL INC, 909 MONTGOMERY STREET SUITE 500, SAN FRANCISCO CA 94133
Kristi Spencer Altshuler officer: Sr. Vice President 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
Jon Marshall Mahan director 1195 RIVER ROAD, MARIETTA PA 17547
Christina Marie Hoffman officer: Sr. VP & Chief Risk Officer 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
Daniel J Wagner officer: Treasurer 1195 RIVER ROAD, MARIETTA PA 17547
Jeffrey Dean Miller officer: EVP & Chief Financial Officer 1195 RIVER ROAD, MARIETTA PA 17547
Kevin Gerard Burke director, officer: President & Chief Exec Officer 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
William Albert Folmar officer: Sr. Vice President 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
William Daniel Delamater officer: Senior Vice President 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
Barry C Huber director 360 WINDING WAY, LANCASTER PA 17602
Sanjay Pandey officer: Sr. VP & Chief Info Officer 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
Dennis Joseph Bixenman director 1195 RIVER ROAD, MARIETTA PA 17547
Jack Lee Hess director 1195 RIVER ROAD, MARIETTA PA 17547