GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » FactSet Research Systems Inc (FRA:FA1) » Definitions » EBIT

FactSet Research Systems (FRA:FA1) EBIT : €674 Mil (TTM As of Feb. 2025)


View and export this data going back to 2008. Start your Free Trial

What is FactSet Research Systems EBIT?

FactSet Research Systems's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2025 was €179 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2025 was €674 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. FactSet Research Systems's annualized ROC % for the quarter that ended in Feb. 2025 was 16.98%. FactSet Research Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2025 was 378.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. FactSet Research Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2025 was 4.10%.


FactSet Research Systems EBIT Historical Data

The historical data trend for FactSet Research Systems'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.

FactSet Research Systems EBIT Chart

FactSet Research Systems Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 369.23 404.44 473.06 596.30 650.57

FactSet Research Systems Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 171.72 191.87 120.34 182.88 178.79

Competitive Comparison of FactSet Research Systems's EBIT

For the Financial Data & Stock Exchanges subindustry, FactSet Research Systems'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.


FactSet Research Systems's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, FactSet Research Systems's EV-to-EBIT distribution charts can be found below:

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



FactSet Research Systems 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 Feb. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €674 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.


FactSet Research Systems  (FRA:FA1) EBIT Explanation

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

FactSet Research Systems's annualized ROC % for the quarter that ended in Feb. 2025 is calculated as:

ROC % (Q: Feb. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2024 ) + Invested Capital (Q: Feb. 2025 ))/ count )
=712.288 * ( 1 - 15.94% )/( (3391.769 + 3661.951)/ 2 )
=598.7492928/3526.86
=16.98 %

where

Invested Capital(Q: Nov. 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))
=3813.767 - 221.766 - ( 337.981 - max(0, 506.924 - 707.156+337.981))
=3391.769

Invested Capital(Q: Feb. 2025 )
=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))
=4071.784 - 193.053 - ( 275.538 - max(0, 462.555 - 679.335+275.538))
=3661.951

Note: The Operating Income data used here is four times the quarterly (Feb. 2025) data.

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

FactSet Research Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2024  Q: Feb. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=715.148/( ( (187.494 + max(-49.301, 0)) + (189.953 + max(-27.5, 0)) )/ 2 )
=715.148/( ( 187.494 + 189.953 )/ 2 )
=715.148/188.7235
=378.94 %

where Working Capital is:

Working Capital(Q: Nov. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(237.875 + 0 + 131.3) - (221.766 + 147.952 + 48.758)
=-49.301

Working Capital(Q: Feb. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(266.531 + 0 + 137.266) - (193.053 + 170.232 + 68.012)
=-27.5

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2025) EBIT data.

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

FactSet Research Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2025 )
=673.873/16431.136
=4.10 %

* 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.


FactSet Research Systems EBIT Related Terms

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


FactSet Research Systems Business Description

Traded in Other Exchanges
Address
45 Glover Avenue, 7th Floor, Norwalk, CT, USA, 06850
FactSet provides financial data and portfolio analytics to the Global investment community. The company aggregates data from third-party data suppliers, news sources, exchanges, brokerages, and contributors into its workstations. In addition, it provides essential portfolio analytics that companies use to monitor portfolios and address reporting requirements. Buy-side clients (including wealth and corporate clients) account for 82% of FactSet's annual subscription value. In 2015, the company acquired Portware, a provider of trade execution software. In 2017, it acquired BISAM, a risk management and performance measurement provider. In 2022, it completed its purchase of CUSIP Global Services.

FactSet Research Systems Headlines

No Headlines