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Umicore (LTS:0RUY) EBIT : €-1,300 Mil (TTM As of Dec. 2024)


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What is Umicore EBIT?

Umicore's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was €111 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was €-1,300 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Umicore's annualized ROC % for the quarter that ended in Dec. 2024 was 15.73%. Umicore's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 8.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Umicore's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -33.69%.


Umicore EBIT Historical Data

The historical data trend for Umicore'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.

Umicore EBIT Chart

Umicore 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 259.86 873.50 797.44 601.02 -1,300.28

Umicore Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 354.44 360.50 240.52 -1,411.50 111.22

Competitive Comparison of Umicore's EBIT

For the Waste Management subindustry, Umicore'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.


Umicore's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Umicore's EV-to-EBIT distribution charts can be found below:

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


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Umicore 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 semi-annually data reported by the company within the most recent 12 months, which was €-1,300 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.


Umicore  (LTS:0RUY) EBIT Explanation

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

Umicore'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: Jun. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=3073.134 * ( 1 - 74.39% )/( (4277.2 + 5728.716)/ 2 )
=787.0296174/5002.958
=15.73 %

where

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))
=9411.505 - 2421.883 - ( 2012.523 - max(0, 4352.485 - 5613.391+2012.523))
=5728.716

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

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

Umicore'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: Jun. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=222.438/( ( (2184.5 + max(820, 0)) + (2390.38 + max(41.316, 0)) )/ 2 )
=222.438/( ( 3004.5 + 2431.696 )/ 2 )
=222.438/2718.098
=8.18 %

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)
=(1172 + 2359.5 + 73.7) - (2732.6 + 0 + 52.6)
=820

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(770.847 + 2245.399 + 257.81) - (2421.883 + 0 + 810.857)
=41.316

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-1300.281/3860.028
=-33.69 %

* 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.


Umicore EBIT Related Terms

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Umicore Business Description

Address
Rue du Marais 31 Broekstraat, Brussels, BEL, B-1000
Umicore SA operations are divided into the following business groups: Catalysis, Energy & Surface Technologies and Recycling. The Catalysis segment provides automotive catalysts for gasoline and diesel light and heavy-duty diesel applications, including on-road & non-road vehicles. The Energy & Surface Technologies segment is focused on products that are found in applications used in the production and storage of clean energy and in a range of applications for surface technologies that bring specific properties and functionalities to end products. The Recycling segment treats complex waste streams containing precious and other speciality metals. The majority of revenue is from the Recycling segment. Geographically, the majority is from Europe.

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