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OneWater Marine (OneWater Marine) EBIT : $-3 Mil (TTM As of Dec. 2023)


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What is OneWater Marine EBIT?

OneWater Marine's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. OneWater Marine's annualized ROC % for the quarter that ended in Dec. 2023 was 1.53%. OneWater Marine's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. OneWater Marine's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.24%.


OneWater Marine EBIT Historical Data

The historical data trend for OneWater Marine'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.

OneWater Marine EBIT Chart

OneWater Marine Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial 53.23 72.53 149.13 213.68 17.11

OneWater Marine Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 27.18 49.08 59.72 -118.86 6.72

Competitive Comparison of OneWater Marine's EBIT

For the Specialty Retail subindustry, OneWater Marine'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.


OneWater Marine's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, OneWater Marine's EV-to-EBIT distribution charts can be found below:

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



OneWater Marine 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3 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.


OneWater Marine  (NAS:ONEW) EBIT Explanation

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

OneWater Marine's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=30.488 * ( 1 - 22.21% )/( (1522.572 + 1586.689)/ 2 )
=23.7166152/1554.6305
=1.53 %

where

Invested Capital(Q: Sep. 2023 )
=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))
=1689.159 - 81.939 - ( 84.648 - max(0, 668.951 - 881.899+84.648))
=1522.572

Invested Capital(Q: Dec. 2023 )
=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))
=1693.073 - 61.815 - ( 44.569 - max(0, 699.022 - 887.312+44.569))
=1586.689

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

OneWater Marine's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=26.872/( ( (217.199 + max(661.216, 0)) + (216.92 + max(727.504, 0)) )/ 2 )
=26.872/( ( 878.415 + 944.424 )/ 2 )
=26.872/911.4195
=2.95 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(113.175 + 609.616 + 74.46) - (81.939 + 51.649 + 2.447)
=661.216

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(47.885 + 706.805 + 88.053) - (61.815 + 50.977 + 2.4470000000001)
=727.504

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-3.343/1414.401
=-0.24 %

* 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.


OneWater Marine EBIT Related Terms

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OneWater Marine (OneWater Marine) Business Description

Traded in Other Exchanges
N/A
Address
6275 Lanier Islands Parkway, Buford, GA, USA, 30518
OneWater Marine Inc is a recreational marine retailer in the United States. The company operates in two segment- Dealerships and Distribution. Its dealer groups are located throughout the Southeast, Gulf Coast, Mid-Atlantic, and Northeast. The company's revenue profile is comprised of new boat sales, pre-owned boat sales, finance and insurance products, repair and maintenance services, and parts and accessories. Majority of revenue is generated from sale of new boats.
Executives
Singleton Philip Austin Jr. director, officer: CEO and Director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
John Schraudenbach director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Jeffrey B. Lamkin director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Anthony M Aisquith officer: President and COO C/O ONE WATER MARINE INC., 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Carmen Bauza director 2400 WEST CENTRAL ROAD, HOFFMAN ESTATES IL 60192
J Steven Roy director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Mitchell W Legler director C/O STEIN MORT INC, 1200 RIVERPLACE BLVD, JACKSONVILLE FL 32207
Shell Greg Allen Sr. director 200 CLARENDON STREET, BOSTON MA 02116
John Troiano director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Jack P Ezzell officer: Chief Financial Officer C/O ONEWATER MARINE INC., 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Keith Style director C/O ASBURY AUTOMOTIVE GROUP, INC., 2905 PREMIERE PARKWAY NW, SUITE 300, DULUTH GA 30097
Michelle Singleton other: Member of 10% Ownership Group 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Owmh, Lllp Auburn other: Member of 10% Ownership Group 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Austin Singleton Irrevocable Trust, Dated December 30, 2015 other: Member of 10% Ownership Group 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Philip Singleton Irrevocable Trust, Dated December 24, 2015 other: Member of 10% Ownership Group 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518