EVEX (Eve Holding) EBIT : $-133.22 Mil (TTM As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Eve Holding EBIT?

Eve Holding's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-34.53 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-133.22 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Eve Holding's annualized ROC % for the quarter that ended in Sep. 2024 was -656.73%. Eve Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -6,833.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Eve Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -11.75%.

Eve Holding EBIT Historical Data

The historical data trend for Eve Holding'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.

Eve Holding EBIT Chart

Eve Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

-7.54

-9.59

-18.26

-173.10

-125.84

Eve Holding Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial											-30.08	-39.05	-24.26	-35.38	-34.53

Competitive Comparison of Eve Holding's EBIT

For the Aerospace & Defense subindustry, Eve Holding'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.

Eve Holding's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Eve Holding's EV-to-EBIT distribution charts can be found below:

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

Eve Holding 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 $-133.22 Mil.

Eve Holding (NYSE:EVEX) EBIT Explanation

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

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

	ROC % (Q: Sep. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	-163.32 * ( 1 - -1.21% )	/	( (44.785	+	5.554)	/ 2 )
=	-165.296172	/	25.1695
=	-656.73 %

where

	Invested Capital		(Q: Jun. 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	))
=	214.557	-	48.775	-	( 120.997	-	max(0, 54.333	-	210.359	+	120.997	))
=	44.785

	Invested Capital		(Q: Sep. 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	))
=	289.522	-	53.202	-	( 279.83	-	max(0, 54.768	-	285.534	+	279.83	))
=	5.554

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

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

Eve Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2024		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-138.104	/	( ( (2.272 + max(-50.457, 0))	+	(1.77 + max(-49.083, 0)) )	/	2 )
=	-138.104	/	( ( 2.272	+	1.77 )	/	2 )
=	-138.104	/	2.021
=	-6,833.45 %

where Working Capital is:

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	3.876)	-	(48.775	+	0	+	5.558)
=	-50.457

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	5.685)	-	(53.202	+	0	+	1.566)
=	-49.083

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	-133.22	/	1133.831
	=	-11.75 %

Eve Holding EBIT Related Terms

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

Eve Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Eve Holding Inc (NYSE:EVEX) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1400 General Aviation Drive, Melbourne, FL, USA, 32935

Website

https://www.eveairmobility.com

Eve Holding Inc is a provider of Urban Air Mobility solutions. The company's operating segments are; eVTOL that includes; the design and production of electric vertical take-off and landing vehicles (eVTOLs) including fixed wing and helicopter operators, as well as lessors that purchase and manage aircraft on behalf of operators; Service and Operations Solutions segment which includes a portfolio of maintenance and support services focused on its and third-party eVTOLs; and the UATM segment , a new Urban Air Traffic Management system designed to allow eVTOLs to operate safely and efficiently in dense urban airspace alongside conventional aircraft and drones.

Executives

Johann Bordais	officer: Chief Executive Officer	C/O EVE MOBILITY, 4001 KENNETT PIKE, SUITE 302, WILMINGTON DE 19807
Maria Cordon	director	C/O EVE HOLDING, INC., 1400 GENERAL AVIATION DRIVE, MELBOURNE FL 32395
Paul Eremenko	director	C/O EMBRAER AIRCRAFT HOLDING, INC., 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
Entrecanales Domecq Jose Manuel	director	C/O EMBRAER AIRCRAFT HOLDING, INC., 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
Luis Carlos Affonso	director	C/O EMBRAER AIRCRAFT HOLDING, INC., 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
Embraer Aircraft Holding, Inc.	director, 10 percent owner	276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
Michael Amalfitano	director	C/O EMBRAER AIRCRAFT HOLDING, INC., 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
Marion C Blakey	director	C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Eduardo Siffert Couto	officer: Chief Financial Officer	C/O EMBRAER AIRCRAFT HOLDING, INC., 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
Andre Duarte Stein	officer: Co-Chief Executive Officer	C/O EMBRAER AIRCRAFT HOLDING, INC., 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
S.a. Embraer	director, 10 percent owner	AV. BRIGADEIRO FARIA LIMA 2170, SAO JOSE DOS CAMPOS D5 12227901
Sergio Pedreiro	director	2 PARK AVENUE, NEW YORK NY 10016
Patrick M Shanahan	director	C/O RESILIENCE CAPITAL PARTNERS LLC, 25101 CHAGRIN BLVD 350, BEACHWOOD OH 44122
Triple8, Llc	10 percent owner	ONE SECURITY BENEFIT PLACE, TOPEKA KS 66636
Eldridge Industries, Llc	10 percent owner	600 STEAMBOAT ROAD, GREENWICH CT 06830