GLPEF (Galp Energia SGPS) EBIT : $2,933 Mil (TTM As of Sep. 2024)

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What is Galp Energia SGPS EBIT?

Galp Energia SGPS's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $748 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $2,933 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Galp Energia SGPS's annualized ROC % for the quarter that ended in Sep. 2024 was 11.69%. Galp Energia SGPS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 35.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Galp Energia SGPS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 18.39%.

Galp Energia SGPS EBIT Historical Data

The historical data trend for Galp Energia SGPS'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.

Galp Energia SGPS EBIT Chart

Galp Energia SGPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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1,573.33

-116.79

1,082.49

3,565.68

3,016.36

Galp Energia SGPS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial															907.15	470.01	916.30	798.71	748.06

Competitive Comparison of Galp Energia SGPS's EBIT

For the Oil & Gas Integrated subindustry, Galp Energia SGPS'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.

Galp Energia SGPS's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Galp Energia SGPS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Galp Energia SGPS's EV-to-EBIT falls into.

Galp Energia SGPS 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 $2,933 Mil.

Galp Energia SGPS (OTCPK:GLPEF) EBIT Explanation

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

Galp Energia SGPS'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 )
=	2832.408 * ( 1 - 46.31% )	/	( (12838.536	+	13188.679)	/ 2 )
=	1520.7198552	/	13013.6075
=	11.69 %

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	))
=	18009.688	-	2480.086	-	( 2691.066	-	max(0, 5110.872	-	8465.016	+	2691.066	))
=	12838.536

	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	))
=	17786.903	-	2361.82	-	( 2236.404	-	max(0, 4899.001	-	8037.736	+	2236.404	))
=	13188.679

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

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

Galp Energia SGPS'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 )
=	2992.232	/	( ( (7447.793 + max(731.97, 0))	+	(7602.664 + max(1086.571, 0)) )	/	2 )
=	2992.232	/	( ( 8179.763	+	8689.235 )	/	2 )
=	2992.232	/	8434.499
=	35.48 %

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)
=	(1709.365	+	1310.011	+	1871.905)	-	(2480.086	+	0	+	1679.225)
=	731.97

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1811.321	+	1196.448	+	2065.483)	-	(2361.82	+	0	+	1624.861)
=	1086.571

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:

Galp Energia SGPS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	2933.081	/	15950.541
	=	18.39 %

Galp Energia SGPS EBIT Related Terms

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Galp Energia SGPS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Galp Energia SGPS SA (OTCPK:GLPEF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

GLPEY:USA GALP:Portugal GALPu:UK 0B67:UK GZ5:Germany

Address

Avenida da India, Lisboa, PRT, 1349-065

Website

https://www.galp.com

Galp Energia SGPS SA is an integrated operator with business lines spanning from exploration and production to refining and marketing of oil products. Its operating segments include Upstream, Industrial and Midstream, Commercial and Renewables, and New Businesses. The Upstream segment involves the management of all activities relating to the exploration, development, and production of hydrocarbons. The Industrial & Midstream segment operates the Sines industrial site in Portugal, which includes all current refining activities, The Commercial segment encompasses the area of retail to final B2B and B2C customers of oil, gas, electricity, and convenience. The Renewables & New Businesses segment represents Galp's presence in the renewable and new energies space.