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Doma Holdings (Doma Holdings) EBIT : $-95.0 Mil (TTM As of Dec. 2023)


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What is Doma Holdings EBIT?

Doma Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-11.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-95.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Doma Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -37.33%. Doma Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -39.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Doma Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -67.06%.


Doma Holdings EBIT Historical Data

The historical data trend for Doma 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.

Doma Holdings EBIT Chart

Doma Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-17.47 -28.68 -95.27 -174.25 -74.44

Doma Holdings Quarterly Data
Dec19 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 -64.22 -36.95 -29.75 -16.59 -11.67

Competitive Comparison of Doma Holdings's EBIT

For the Insurance - Property & Casualty subindustry, Doma 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.


Doma Holdings's EV-to-EBIT Distribution in the Insurance Industry

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

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



Doma 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 $-95.0 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.


Doma Holdings  (NYSE:DOMA) EBIT Explanation

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

Doma 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 )
=-46.584 * ( 1 - -0.35% )/( (123.449 + 126.985)/ 2 )
=-46.747044/125.217
=-37.33 %

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))
=263.176 - 7.326 - ( 132.401 - max(0, 16.523 - 169.102+132.401))
=123.449

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))
=240.301 - 7.958 - ( 105.358 - max(0, 14.741 - 137.646+105.358))
=126.985

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

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

Doma 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 )
=-46.66/( ( (39.575 + max(156.036, 0)) + (37.836 + max(2.836, 0)) )/ 2 )
=-46.66/( ( 195.611 + 40.672 )/ 2 )
=-46.66/118.1415
=-39.50 %

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)
=(7.254 + 0 + 9.828) - (7.326 + 0 + -146.28)
=156.036

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.786 + 0 + 7.791) - (7.958 + 0 + 6.783)
=2.836

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-94.953/141.588
=-67.06 %

* 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.


Doma Holdings EBIT Related Terms

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Doma Holdings (Doma Holdings) Business Description

Traded in Other Exchanges
N/A
Address
101 Mission Street, Suite 740, San Francisco, CA, USA, 94105
Doma Holdings Inc is architecting the future of real estate transactions. The company uses machine intelligence and its patented technology solutions to transform residential real estate, making closings instant and affordable. The company operates through two complementary segments- Distribution and Underwriting. Majority revenue is generated from Underwriting segment. Underwriting segment reflects the results of their title insurance underwriting business, including policies referred through Direct Agents and Third-Party Agents channels. The referring agents typically retain approximately 82% - 84% of the policy premiums in exchange for their services.
Executives
Michael Alan Smith officer: Chief Accounting Officer C/O CAPITALSOURCE INC., 5404 WISCONSIN AVENUE, 2ND FLOOR, CHEVY CHASE MD 20815
Maxwell Simkoff director, 10 percent owner, officer: Chief Executive Officer 101 MISSION ST., SUITE 740, SAN FRANCISCO CA 94105
Hasan Rizvi officer: Chief Technology Officer 101 MISSION ST., SUITE 740, SAN FRANCISCO CA 94105
Len X, Llc 10 percent owner 700 NW 107 AVENUE, MIAMI FL 33172
Lennar Corp /new/ 10 percent owner 5505 WATERFORD DISTRICT DRIVE, MIAMI FL 33126
Mark Ein director
Len Fw Investor, Llc 10 percent owner 700 NW 107 AVENUE, MIAMI FL 33172
Maxine Williams director 101 MISSION ST., SUITE 740, SAN FRANCISCO CA 94105
Foundation Capital Viii, L.p. 10 percent owner 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Viii Principals Fund, L.l.c. 10 percent owner 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Management Co. Lf Ii, L.l.c. 10 percent owner 550 HIGH STREET, 3RD FLOOR, PALO ALTO CA 94301
Foundation Capital Leadership Fund Ii, L.p. 10 percent owner 550 HIGH STREET, 3RD FLOOR, PALO ALTO CA 94301
Stuart A Miller director 700 NW 107TH AVE, MIAMI FL 33172
Christopher T Morrison officer: Chief Operating Officer 101 MISSION ST., SUITE 740, SAN FRANCISCO CA 94105
Eric J Watson officer: General Counsel & Secretary 101 MISSION ST., SUITE 740, SAN FRANCISCO CA 94105