Expro Group Holdings NV (FRA:FK2) EBIT : €70 Mil (TTM As of Sep. 2024)

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What is Expro Group Holdings NV EBIT?

Expro Group Holdings NV's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was €28 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was €70 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Expro Group Holdings NV's annualized ROC % for the quarter that ended in Sep. 2024 was 4.10%. Expro Group Holdings NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 13.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Expro Group Holdings NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.44%.

Expro Group Holdings NV EBIT Historical Data

The historical data trend for Expro Group Holdings NV'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.

Expro Group Holdings NV EBIT Chart

Expro Group Holdings NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

-17.09

-24.13

-94.54

20.15

22.82

Expro Group Holdings NV Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial												1.07	-2.21	14.39	30.55	27.69

Competitive Comparison of Expro Group Holdings NV's EBIT

For the Oil & Gas Equipment & Services subindustry, Expro Group Holdings NV'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.

Expro Group Holdings NV's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Expro Group Holdings NV's EV-to-EBIT distribution charts can be found below:

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

Expro Group Holdings NV 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 €70 Mil.

Expro Group Holdings NV (FRA:FK2) EBIT Explanation

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

Expro Group Holdings NV'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 )
=	110.768 * ( 1 - 39.1% )	/	( (1669.231	+	1620.431)	/ 2 )
=	67.457712	/	1644.831
=	4.10 %

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	))
=	2152.102	-	358.888	-	( 123.983	-	max(0, 464.387	-	883.183	+	123.983	))
=	1669.231

	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	))
=	2111.602	-	341.909	-	( 149.262	-	max(0, 448.201	-	886.836	+	149.262	))
=	1620.431

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

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

Expro Group Holdings NV'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 )
=	110.768	/	( ( (563.984 + max(284.956, 0))	+	(551.7 + max(278.346, 0)) )	/	2 )
=	110.768	/	( ( 848.94	+	830.046 )	/	2 )
=	110.768	/	839.493
=	13.19 %

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)
=	(495.84	+	159.317	+	75.888)	-	(358.888	+	0	+	87.201)
=	284.956

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(479.755	+	161.584	+	66.943)	-	(341.909	+	0	+	88.027)
=	278.346

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	70.426	/	1295.522
	=	5.44 %

Expro Group Holdings NV EBIT Related Terms

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Expro Group Holdings NV Business Description

Industry

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XPRO:USA

Address

1311 Broadfield Boulevard, Suite 400, Houston, TX, USA, 77084

Website

https://www.expro.com

Expro Group offers products and services that span the well life cycle, including well construction, well flow management, well intervention and integrity, and subsea well access. It maintains operations around the world and specializes in offshore production solutions, capabilities enhanced by the 2021 merger with Frank's International. It also provides production optimization for both onshore and offshore applications. The majority of its business relies on international and offshore markets, representing about 80% and 70% of annual revenue, respectively.

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