GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ethan Allen Interiors Inc (NYSE:ETD) » Definitions » EBIT

Ethan Allen Interiors (Ethan Allen Interiors) EBIT : $94.2 Mil (TTM As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Ethan Allen Interiors EBIT?

Ethan Allen Interiors's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $17.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $94.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ethan Allen Interiors's annualized ROC % for the quarter that ended in Mar. 2024 was 7.82%. Ethan Allen Interiors's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 17.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ethan Allen Interiors's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.19%.


Ethan Allen Interiors EBIT Historical Data

The historical data trend for Ethan Allen Interiors'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.

Ethan Allen Interiors EBIT Chart

Ethan Allen Interiors Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.29 14.93 77.29 138.32 141.24

Ethan Allen Interiors Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 29.91 33.31 20.14 23.41 17.36

Competitive Comparison of Ethan Allen Interiors's EBIT

For the Furnishings, Fixtures & Appliances subindustry, Ethan Allen Interiors'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.


Ethan Allen Interiors's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ethan Allen Interiors's EV-to-EBIT distribution charts can be found below:

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



Ethan Allen Interiors 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $94.2 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.


Ethan Allen Interiors  (NYSE:ETD) EBIT Explanation

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

Ethan Allen Interiors's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=58.284 * ( 1 - 25.12% )/( (544.747 + 570.989)/ 2 )
=43.6430592/557.868
=7.82 %

where

Invested Capital(Q: Mar. 2024 )
=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))
=742.216 - 25.009 - ( 146.218 - max(0, 156.109 - 326.31+146.218))
=570.989

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

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

Ethan Allen Interiors's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=69.448/( ( (333.191 + max(59.102, 0)) + (333.036 + max(51.515, 0)) )/ 2 )
=69.448/( ( 392.293 + 384.551 )/ 2 )
=69.448/388.422
=17.88 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.831 + 140.939 + 25.459) - (24.698 + 64.626 + 24.803)
=59.102

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.991 + 144.474 + 27.627) - (25.009 + 81.398 + 22.17)
=51.515

When net working capital is negative, 0 is used.

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

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

Ethan Allen Interiors's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=94.216/714.151
=13.19 %

* 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.


Ethan Allen Interiors EBIT Related Terms

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


Ethan Allen Interiors (Ethan Allen Interiors) Business Description

Traded in Other Exchanges
N/A
Address
25 Lake Avenue Extension, Danbury, CT, USA, 06811 - 5286
Ethan Allen Interiors Inc. is a U.S.-based company that manufactures and retails home furnishings & accessories. The firm conducts activities through its wholly owned subsidiary, Ethan Allen Global, Inc., which operates through its own subsidiaries. The company does business across North America, Europe, Asia, & the Middle East. The vast majority of the firm's products are produced in its U.S. plants. The company's activities are divided between its Wholesale unit which includes case goods, upholstered products, and home accents, & its Retail segment. The majority of revenue within Wholesale is generated by upholstered products, & the majority of revenue for the overall company is derived from the Retail segment. Geographically, the majority of the company's revenue is produced in the U.S.
Executives
Rebecca L Thompson officer: SVP, Merchandising 25 LAKE AVENUE EXT., DANBURY CT 06811
Ashley Fothergill officer: SVP, Merchandising 25 LAKE AVENUE EXT., DANBURY CT 06811
Casar Perez Maria Eugenia director 25 LAKE AVENUE EXT., DANBURY CT 06811
David M. Sable director 77 HOT METAL STREET, PITTSBURGH PA 15203-2329
Cynthia Ekberg Tsai director 800 FIFTH AVENUE, NEW YORK NY 10021
John Bernard Clark director 25 LAKE AVENUE EXT., DANBURY CT 06811
James B. Carlson director ETHAN ALLEN DRIVE, DANBURY CT 06811
Daniel M. Grow officer: VP, Business Development ETHAN ALLEN DRIVE, DANBURY CT 06811
Whitely Corey officer: Executive VP Operations C/O ETHAN ALLEN INTERIORS INC, ETHAN ALLEN DRIVE, DANBURY CT 06811
M Farooq Kathwari director, 10 percent owner, officer: Chairman, President & CEO C/O ETHAN ALLEN INTERIORS INC, ETHAN ALLEN DRIVE, DANBURY CT 06811
Rodney A. Hutton officer: Chief Marketing Officer 25 LAKE AVENUE EXT., DANBURY CT 06811-5286
Matthew J Mcnulty officer: VP, Corporate Controller 601 MERRITT 7, NORWALK CT 06851
Domenick J. Esposito director ETHAN ALLEN DRIVE, DANBURY CT 06811
Bedford John S Ii officer: VP, Corporate Controller ETHAN ALLEN DRIVE, DANBURY CT 06811
Mary Garrett director ETHAN ALLEN DRIVE, DANBURY CT 06811