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Wetherspoon (J D) (LSE:JDW) EBIT : £126 Mil (TTM As of Jan. 2024)


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What is Wetherspoon (J D) EBIT?

Wetherspoon (J D)'s earnings before interest and taxes (EBIT) for the six months ended in Jan. 2024 was £59 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was £126 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wetherspoon (J D)'s annualized ROC % for the quarter that ended in Jan. 2024 was 5.40%. Wetherspoon (J D)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 6.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wetherspoon (J D)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 5.98%.


Wetherspoon (J D) EBIT Historical Data

The historical data trend for Wetherspoon (J D)'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.

Wetherspoon (J D) EBIT Chart

Wetherspoon (J D) Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 129.59 -44.16 -129.10 83.13 157.35

Wetherspoon (J D) Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 16.54 66.59 90.55 66.81 59.07

Competitive Comparison of Wetherspoon (J D)'s EBIT

For the Restaurants subindustry, Wetherspoon (J D)'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.


Wetherspoon (J D)'s EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Wetherspoon (J D)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wetherspoon (J D)'s EV-to-EBIT falls into.



Wetherspoon (J D) 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £126 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.


Wetherspoon (J D)  (LSE:JDW) EBIT Explanation

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

Wetherspoon (J D)'s annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=143.67 * ( 1 - 28.67% )/( (1967.717 + 1828.636)/ 2 )
=102.479811/1898.1765
=5.40 %

where

Invested Capital(Q: Jul. 2023 )
=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))
=1971.904 - 232.334 - ( 87.173 - max(0, 387.257 - 159.11+87.173))
=1967.717

Invested Capital(Q: Jan. 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))
=1890.227 - 281.294 - ( 48.329 - max(0, 334.617 - 114.914+48.329))
=1828.636

Note: The Operating Income data used here is two times the semi-annual (Jan. 2024) data.

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

Wetherspoon (J D)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=118.146/( ( (1765.169 + max(-237.635, 0)) + (1738.878 + max(-217.526, 0)) )/ 2 )
=118.146/( ( 1765.169 + 1738.878 )/ 2 )
=118.146/1752.0235
=6.74 %

where Working Capital is:

Working Capital(Q: Jul. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27.267 + 34.558 + 32.111) - (232.334 + 0 + 99.237)
=-237.635

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27.543 + 29.374 + 9.668) - (281.294 + 0 + 2.8170000000001)
=-217.526

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jan. 2024) EBIT data.

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

Wetherspoon (J D)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=125.878/2106.444
=5.98 %

* 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.


Wetherspoon (J D) EBIT Related Terms

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Wetherspoon (J D) (LSE:JDW) Business Description

Traded in Other Exchanges
Address
Wetherspoon House, Central Park, Reeds Crescent, Watford, GBR, WD24 4WL
Wetherspoon (J D) PLC owns and operates close to 1,000 pubs throughout the United Kingdom and Ireland. The pubs generate nearly all of the company's total revenue, but it also has a very small hotel business. Its locations are in or near town centres or in suburban locations. It also has pubs in airports and railway stations. The company leases roughly half of its locations and owns the other half. Most of its pubs operate under individual brand names. Brands with multiple locations include Wetherspoon's and Moon Under Water.

Wetherspoon (J D) (LSE:JDW) Headlines

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