Sonder Holdings (MEX:SOND) EBIT : MXN-2,560 Mil (TTM As of Jun. 2024)

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What is Sonder Holdings EBIT?

Sonder Holdings's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was MXN751 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was MXN-2,560 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sonder Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was -9.25%. Sonder Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 14.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sonder Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -8.71%.

Sonder Holdings EBIT Historical Data

The historical data trend for Sonder Holdings'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.

Sonder Holdings EBIT Chart

Sonder Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

-3,340.41

-4,845.51

-5,120.77

-4,345.74

-4,603.28

Sonder Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
EBIT	Get a 7-Day Free Trial												-652.03	-1,001.19	-1,596.97	-713.26	751.12

Competitive Comparison of Sonder Holdings's EBIT

For the Lodging subindustry, Sonder Holdings'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.

Sonder Holdings's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sonder Holdings's EV-to-EBIT distribution charts can be found below:

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

Sonder Holdings 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-2,560 Mil.

Sonder Holdings (MEX:SOND) EBIT Explanation

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

Sonder Holdings's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2024 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-2322.916 * ( 1 - 0.72% )	/	( (24856.161	+	25004.321)	/ 2 )
=	-2306.1910048	/	24930.241
=	-9.25 %

where

	Invested Capital		(Q: Mar. 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	))
=	22347.953	-	1294.359	-	( 676.48	-	max(0, 5789.039	-	1986.472	+	676.48	))
=	24856.161

	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	))
=	22174.341	-	1472.716	-	( 321.371	-	max(0, 6060.052	-	1757.356	+	321.371	))
=	25004.321

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

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

Sonder Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2024		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	3004.496	/	( ( (20100.04 + max(-1638.814, 0))	+	(20149.64 + max(-1743.945, 0)) )	/	2 )
=	3004.496	/	( ( 20100.04	+	20149.64 )	/	2 )
=	3004.496	/	20124.84
=	14.93 %

where Working Capital is:

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(134.811	+	0	+	996.19)	-	(1294.359	+	1401.637	+	73.819)
=	-1638.814

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(175.268	+	0	+	1066.762)	-	(1472.716	+	1435.49	+	77.769)
=	-1743.945

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-2560.29	/	29405.508
	=	-8.71 %

Sonder Holdings EBIT Related Terms

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Sonder Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sonder Holdings Inc (MEX:SOND) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

SOND:USA

Address

447 Sutter Street, No. 542, Suite 405, San Francisco, CA, USA, 94108

Website

https://www.sonder.com

Sonder Holdings Inc is engaged in providing short and long-term accommodations to travelers in various cities across North America, Europe, and the Middle East. The Sonder units in each apartment-style building and each hotel property are selected, designed, and managed directly by the Company. The Company generates revenues by providing short-term or month-to-month accommodations to its guests. The Company also provides accommodations to travelers through boutique hotels.