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LCUT (Lifetime Brands) EBIT : $10.9 Mil (TTM As of Sep. 2024)


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What is Lifetime Brands EBIT?

Lifetime Brands's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $7.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $10.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lifetime Brands's annualized ROC % for the quarter that ended in Sep. 2024 was 1.28%. Lifetime Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 10.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lifetime Brands's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.66%.


Lifetime Brands EBIT Historical Data

The historical data trend for Lifetime Brands'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.

Lifetime Brands EBIT Chart

Lifetime Brands 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 -22.99 22.83 51.90 26.23 32.20

Lifetime Brands 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 13.51 14.62 1.66 -13.07 7.69

Competitive Comparison of Lifetime Brands's EBIT

For the Furnishings, Fixtures & Appliances subindustry, Lifetime Brands'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.


Lifetime Brands's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Lifetime Brands's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lifetime Brands's EV-to-EBIT falls into.



Lifetime Brands 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 $10.9 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.


Lifetime Brands  (NAS:LCUT) EBIT Explanation

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

Lifetime Brands'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 )
=34.452 * ( 1 - 81.42% )/( (489.071 + 514.718)/ 2 )
=6.4011816/501.8945
=1.28 %

where

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

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

Lifetime Brands'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 )
=30.74/( ( (79.78 + max(211.857, 0)) + (78.569 + max(243.031, 0)) )/ 2 )
=30.74/( ( 291.637 + 321.6 )/ 2 )
=30.74/306.6185
=10.03 %

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)
=(112.53 + 208.48 + 15.344) - (124.497 + 0 + 0)
=211.857

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(142.238 + 235.015 + 13.814) - (148.036 + 0 + 0)
=243.031

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:

Lifetime Brands's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=10.89/410.041
=2.66 %

* 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.


Lifetime Brands EBIT Related Terms

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Lifetime Brands Business Description

Traded in Other Exchanges
Address
1000 Stewart Avenue, Garden City, NY, USA, 11530
Lifetime Brands Inc is a U.S. based company that designs, sources, and sells branded kitchenware, tableware, and other products used in the home and markets its products under brands such as Farberware, KitchenAid, Mikasa, and others. The company markets and sells its products principally on a wholesale basis to retailers. It also markets and sells a limited selection of its products directly to consumers through its Pfaltzgraff, Mikasa, Fred, and Friends, Built NY, and others. Its products include kitchen tools, gadgets, cutlery, dinnerware, and glassware. The segments of the company are the U.S. and International. It derives a majority of its revenue from the U.S. segment. The company derives maximum revenue from Kitchenware products.
Executives
Daniel Siegel officer: Executive Vice-President C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
Veronique Gabai-pinsky director C-O VERA WANG GROUP, 15 EAST 26TH STREET, NEW YORK NY 10010
Robert Bruce Kay director, officer: Chief Executive Officer 1000 STEWART AVENUE, GARDEN CITY NY 11530
Craig Phillips director, officer: Executive Vice President LIFETIME BRANDS INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
Laurence Winoker officer: SVP Finance/CFO/Treasurer
Rachael Jarosh director 1000 STEWART AVENUE, GARDEN CITY NY 11530
Michael J Jeary director 8 BELKNAP LANE, RUMSON NJ 07760
Dennis E Reaves director C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
Bruce G Pollack director 30 ROCKEFEELER PLAZA, SUITE 5050, NEW YORK NY 10020
Michael J Regan director 14 BRENNER PLACE, DEMAREST NJ 07627
Michael Schnabel director 1000 STEWART AVENUE, GARDEN CITY NY 11530
Centre Partners V, L.p. 10 percent owner 825 THIRD AVENUE, 40TH FLOOR, NEW YORK NY 10022
Centre Capital Investors V Lp 10 percent owner 825 THIRD AVENUE, 40TH FLOOR, New York NY 10022
Ronald Shittan director C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
William U Westerfield director C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530