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CyberArk Software (MEX:CYBR) EBIT : MXN111 Mil (TTM As of Sep. 2024)


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What is CyberArk Software EBIT?

CyberArk Software's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was MXN-218 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was MXN111 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CyberArk Software's annualized ROC % for the quarter that ended in Sep. 2024 was -2.71%. CyberArk Software's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -270.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CyberArk Software's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.04%.


CyberArk Software EBIT Historical Data

The historical data trend for CyberArk Software'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.

CyberArk Software EBIT Chart

CyberArk Software 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 1,358.86 334.07 -1,508.54 -2,613.21 -1,022.90

CyberArk Software 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 -448.31 874.16 -105.85 -439.24 -218.37

Competitive Comparison of CyberArk Software's EBIT

For the Software - Infrastructure subindustry, CyberArk Software'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.


CyberArk Software's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, CyberArk Software's EV-to-EBIT distribution charts can be found below:

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



CyberArk Software 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 MXN111 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.


CyberArk Software  (MEX:CYBR) EBIT Explanation

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

CyberArk Software'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 )
=-873.46 * ( 1 - 10.05% )/( (28313.023 + 29589.008)/ 2 )
=-785.67727/28951.0155
=-2.71 %

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))
=38849.317 - 2199.823 - ( 25650.654 - max(0, 20813.909 - 29150.38+25650.654))
=28313.023

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))
=48473.876 - 2749.731 - ( 29049.237 - max(0, 22107.954 - 38243.091+29049.237))
=29589.008

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

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

CyberArk Software'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 )
=-873.46/( ( (301.86 + max(-6801.668, 0)) + (343.99 + max(-2372.347, 0)) )/ 2 )
=-873.46/( ( 301.86 + 343.99 )/ 2 )
=-873.46/322.925
=-270.48 %

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)
=(2858.834 + 0 + 640.892) - (2199.823 + 8101.571 + 0)
=-6801.668

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3271.681 + 0 + 5922.173) - (2749.731 + 8816.47 + 3.6379788070917E-12)
=-2372.347

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=110.698/293329.139
=0.04 %

* 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.


CyberArk Software EBIT Related Terms

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CyberArk Software Business Description

Traded in Other Exchanges
Address
9 Hapsagot Street, Park Ofer B, P.O. Box 3143, Petach Tikva, ISR, 4951040
CyberArk is a cybersecurity vendor focused on the identity market. The company's core privileged access management offering is a market leader within that subsegment, with more than half of the Fortune 500 CyberArk customers. The identity security vendor was founded in 1999 and has around 9,000 customers across various industries. While historically, CyberArk has sold its security solutions primarily via on-premises licenses, over the past few years, it has transitioned to a subscription, recurring revenue model.