Snowflake (MIL:1SNOW) EBIT : €-1,336 Mil (TTM As of Oct. 2024)

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What is Snowflake EBIT?

Snowflake's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2024 was €-299 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2024 was €-1,336 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Snowflake's annualized ROC % for the quarter that ended in Oct. 2024 was -27.24%. Snowflake's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was -236.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Snowflake's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was -2.57%.

Snowflake EBIT Historical Data

The historical data trend for Snowflake'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.

Snowflake EBIT Chart

Snowflake Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

EBIT

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-322.64

-446.57

-632.09

-781.62

-1,005.00

Snowflake Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
EBIT	Get a 7-Day Free Trial															-200.10	-385.34	-324.87	-327.59	-298.60

Competitive Comparison of Snowflake's EBIT

For the Software - Application subindustry, Snowflake'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.

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

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

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

Snowflake 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1,336 Mil.

Snowflake (MIL:1SNOW) EBIT Explanation

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

Snowflake's annualized ROC % for the quarter that ended in Oct. 2024 is calculated as:

	ROC % (Q: Oct. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jul. 2024 )	+	Invested Capital (Q: Oct. 2024 ))	/ count )
=	-1341.96 * ( 1 - -0.59% )	/	( (4820.387	+	5088.89)	/ 2 )
=	-1349.877564	/	4954.6385
=	-27.24 %

where

	Invested Capital		(Q: Jul. 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	))
=	6402.263	-	260.276	-	( 2978.527	-	max(0, 2272.437	-	3594.037	+	2978.527	))
=	4820.387

	Invested Capital		(Q: Oct. 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	))
=	7529.673	-	295.602	-	( 3816.117	-	max(0, 2430.196	-	4575.377	+	3816.117	))
=	5088.89

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

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

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

	ROC (Joel Greenblatt) %		(Q: Oct. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jul. 2024		Q: Oct. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1194.412	/	( ( (495.333 + max(-1626.646, 0))	+	(513.247 + max(-1635.788, 0)) )	/	2 )
=	-1194.412	/	( ( 495.333	+	513.247 )	/	2 )
=	-1194.412	/	504.29
=	-236.85 %

where Working Capital is:

	Working Capital		(Q: Jul. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(397.932	+	0	+	217.578)	-	(260.276	+	1704.203	+	277.677)
=	-1626.646

	Working Capital		(Q: Oct. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(547.451	+	0	+	211.809)	-	(295.602	+	1812.989	+	286.457)
=	-1635.788

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Oct. 2024 )
	=	-1336.402	/	51923.382
	=	-2.57 %

Snowflake EBIT Related Terms

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Snowflake Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Snowflake Inc (MIL:1SNOW) » Definitions » EBIT

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SNOW:USA SNOW:Mexico 0A93:UK 5Q5:Germany S2NW34:Brazil SNWF:Austria

Address

106 East Babcock Street, Suite 3A, Bozeman, MT, USA, 59715

Website

https://www.snowflake.com

Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that went public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to buy and ingest data, while its data solutions can be hosted on various public clouds.

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