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INRE (Inland Real Estateome Trust) EBIT : $28.1 Mil (TTM As of Sep. 2024)


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What is Inland Real Estateome Trust EBIT?

Inland Real Estateome Trust's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $7.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $28.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Inland Real Estateome Trust's annualized ROC % for the quarter that ended in Sep. 2024 was 2.21%. Inland Real Estateome Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 195.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Inland Real Estateome Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.26%.


Inland Real Estateome Trust EBIT Historical Data

The historical data trend for Inland Real Estateome Trust'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.

Inland Real Estateome Trust EBIT Chart

Inland Real Estateome Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.89 14.96 20.74 20.45 27.33

Inland Real Estateome Trust 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 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 7.02 6.66 7.09 7.18 7.20

Competitive Comparison of Inland Real Estateome Trust's EBIT

For the REIT - Diversified subindustry, Inland Real Estateome Trust'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.


Inland Real Estateome Trust's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Inland Real Estateome Trust's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Inland Real Estateome Trust's EV-to-EBIT falls into.



Inland Real Estateome Trust 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 $28.1 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.


Inland Real Estateome Trust  (OTCPK:INRE) EBIT Explanation

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

Inland Real Estateome Trust'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 )
=28.384 * ( 1 - 0% )/( (1295.459 + 1269.552)/ 2 )
=28.384/1282.5055
=2.21 %

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))
=1326.908 - 20.743 - ( 10.706 - max(0, 20.743 - 33.168+10.706))
=1295.459

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))
=1303.149 - 22.686 - ( 10.911 - max(0, 22.686 - 34.331+10.911))
=1269.552

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

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

Inland Real Estateome Trust'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 )
=28.78/( ( (13.55 + max(1.719, 0)) + (13.454 + max(0.73400000000001, 0)) )/ 2 )
=28.78/( ( 15.269 + 14.188 )/ 2 )
=28.78/14.7285
=195.40 %

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)
=(21.983 + 0 + 0.479) - (20.743 + 0 + 0)
=1.719

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22.94 + 0 + 0.48) - (22.686 + 0 + 0)
=0.73400000000001

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:

Inland Real Estateome Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=28.13/1247.031
=2.26 %

* 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.


Inland Real Estateome Trust EBIT Related Terms

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Inland Real Estateome Trust Business Description

Traded in Other Exchanges
N/A
Address
2901 Butterfield Road, Oak Brook, IL, USA, 60523
Inland Real Estate Income Trust Inc is a real estate investment trust formed to acquire a portfolio of commercial real estate properties in the United States. The Company has one reportable segment which includes retail real estate. The company acquires retail properties, office buildings, multi-family properties, industrial and distribution, and warehouse facilities. The revenue from the Company's properties consists of rents received under long-term operating leases.
Executives
Stephen L Davis director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Lee A Daniels director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Gwen Henry director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Bernard J Michael director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Daniel Zatloukal officer: Senior Vice President 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Judith Fu officer: Vice President 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Mitchell A Sabshon officer: Chief Executive Officer 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Catherine L Lynch officer: Chief Fiancial Officer 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Daniel L Goodwin director, 10 percent owner, officer: Chairman 2901 BUTTERFIELD RD, OAK BROOK IL 60523
David Z Lichterman officer: Treasurer and CAO 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Brenda G Gujral director, officer: Chairman of the Board INLAND AMERICAN REAL ESTATE TRUST, INC, 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Roberta S Matlin officer: Vice President 2901 BUTTERFIELD ROAD, OAK BROOK IL 60181
Jack Potts officer: Treasurer 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Joann M Armenta director, officer: President 2907 BUTTERFIELD ROAD, 3RD FLOOR, OAK BROOK IL 60523
Cathleen M Hrtanek officer: Secretary 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523

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