GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » National Health Investors Inc (FRA:WX6) » Definitions » EBIT

National Health Investors (FRA:WX6) EBIT : €178.9 Mil (TTM As of Dec. 2024)


View and export this data going back to 2006. Start your Free Trial

What is National Health Investors EBIT?

National Health Investors's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was €54.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was €178.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. National Health Investors's annualized ROC % for the quarter that ended in Dec. 2024 was 7.09%. National Health Investors's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 1,283.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. National Health Investors's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 4.32%.


National Health Investors EBIT Historical Data

The historical data trend for National Health Investors'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.

National Health Investors EBIT Chart

National Health Investors Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 193.04 141.73 101.81 174.13 184.04

National Health Investors Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 42.05 41.13 45.46 38.12 54.21

Competitive Comparison of National Health Investors's EBIT

For the REIT - Healthcare Facilities subindustry, National Health Investors'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.


National Health Investors's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, National Health Investors's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where National Health Investors's EV-to-EBIT falls into.



National Health Investors 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €178.9 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.


National Health Investors  (FRA:WX6) EBIT Explanation

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

National Health Investors's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=163.92 * ( 1 - 0% )/( (2186.406 + 2438.055)/ 2 )
=163.92/2312.2305
=7.09 %

where

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))
=2216.541 - 64.663 - ( 14.011 - max(0, 356.237 - 321.709+14.011))
=2186.406

Invested Capital(Q: Dec. 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))
=2496.724 - 75.327 - ( 23.196 - max(0, 395.707 - 379.049+23.196))
=2438.055

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

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

National Health Investors's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=216.848/( ( (0 + max(21.693, 0)) + (0 + max(12.095, 0)) )/ 2 )
=216.848/( ( 21.693 + 12.095 )/ 2 )
=216.848/16.894
=1,283.58 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(83.406 + 0 + 7.105) - (64.663 + 4.155 + 5.6843418860808E-14)
=21.693

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(89.393 + 0 + 2.1129999999999) - (75.327 + 4.085 + -0.00099999999997635)
=12.095

When net working capital is negative, 0 is used.

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

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

National Health Investors's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=178.92/4137.068
=4.32 %

* 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.


National Health Investors EBIT Related Terms

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


National Health Investors Business Description

Traded in Other Exchanges
Address
222 Robert Rose Drive, Murfreesboro, TN, USA, 37129
National Health Investors Inc is a housing and medical facility REIT. The company operates through two reportable segments, i.e., Real Estate Investments and Senior Housing Operating Portfolio (SHOP). The Real Estate Investments segment, which generates maximum revenue, consists of real estate investments and leases, mortgages, and other notes receivables in independent living facilities, assisted living facilities, entrance fee communities, senior living campuses, skilled nursing facilities, and a hospital. The SHOP segment is comprised of two ventures that own the operations of independent living facilities. The company's revenues are derived in the form of rental income, mortgage and other notes receivable interest income, and resident fees and services.

National Health Investors Headlines

No Headlines