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Neste OYJ (OHEL:NESTE) EBIT : €43 Mil (TTM As of Dec. 2024)


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What is Neste OYJ EBIT?

Neste OYJ's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was €-117 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was €43 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Neste OYJ's annualized ROC % for the quarter that ended in Dec. 2024 was -3.23%. Neste OYJ's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -4.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Neste OYJ's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 0.39%.


Neste OYJ EBIT Historical Data

The historical data trend for Neste OYJ'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.

Neste OYJ EBIT Chart

Neste OYJ 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 828.00 2,009.00 2,332.00 1,714.00 34.00

Neste OYJ Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 430.00 225.00 -130.00 65.00 -117.00

Competitive Comparison of Neste OYJ's EBIT

For the Oil & Gas Refining & Marketing subindustry, Neste OYJ'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.


Neste OYJ's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Neste OYJ's EV-to-EBIT distribution charts can be found below:

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


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Neste OYJ 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 quarterly data reported by the company within the most recent 12 months, which was €43 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.


Neste OYJ  (OHEL:NESTE) EBIT Explanation

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

Neste OYJ'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: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-488 * ( 1 - 15.63% )/( (12381 + 13140)/ 2 )
=-411.7256/12760.5
=-3.23 %

where

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

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

Neste OYJ'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: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-468/( ( (8623 + max(2578, 0)) + (8871 + max(1966, 0)) )/ 2 )
=-468/( ( 11201 + 10837 )/ 2 )
=-468/11019
=-4.25 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1672 + 3446 + 309) - (2747 + 0 + 102)
=2578

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1319 + 2897 + 175) - (1486 + 0 + 939)
=1966

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=43/11081.359
=0.39 %

* 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.


Neste OYJ EBIT Related Terms

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Neste OYJ Business Description

Address
Keilaranta 21, P.O. Box 95, Neste, Espoo, FIN, 00095
Neste OYJ Formerly Neste Corp. offers renewable products and solutions and oil products to a host of globalised markets. Its business is divided into various segments, including oil products, renewable products, marketing and services and others. Oil products generate the maximum share of revenue; it caters to oil companies and businesses that market oil, lubricants, and fuel products. Neste's oil products business includes diesel fuels, gasoline, aviation and marine fuels, and light and heavy fuel oils. Neste is heavily involved in the Baltic region with its network of service stations and refineries.

Neste OYJ Headlines

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