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Origin Materials's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-36.45 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-81.08 Mil.
EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Origin Materials's annualized ROC % for the quarter that ended in Sep. 2024 was -24.12%. Origin Materials's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -58.20%.
EBIT is also linked to Joel Greenblatt's definition of earnings yield. Origin Materials's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -535.40%.
The historical data trend for Origin Materials'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.
Origin Materials Annual Data | |||||||||
Trend | Dec20 | Dec21 | Dec22 | Dec23 | |||||
EBIT | -29.96 | 44.93 | 78.57 | 22.84 |
Origin Materials Quarterly Data | ||||||||||||||||||
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 |
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31.03 | -11.62 | -13.68 | -19.34 | -36.45 |
For the Chemicals subindustry, Origin Materials'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.
For the Chemicals industry and Basic Materials sector, Origin Materials's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Origin Materials's EV-to-EBIT falls into.
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 $-81.08 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.
Origin Materials (NAS:ORGN) EBIT Explanation
1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Origin Materials'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 ) |
= | -68.94 * ( 1 - -0.63% ) | / | ( (293.639 | + | 281.694) | / 2 ) |
= | -69.374322 | / | 287.6665 | |||
= | -24.12 % |
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 | )) |
= | 430.982 | - | 5.198 | - | ( 132.145 | - | max(0, 11.891 | - | 161.388 | + | 132.145 | )) |
= | 293.639 |
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 | )) |
= | 399.555 | - | 4.469 | - | ( 113.392 | - | max(0, 8.688 | - | 141.393 | + | 113.392 | )) |
= | 281.694 |
Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.
2. Joel Greenblatt's definition of Return on Capital:
Origin Materials'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 ) |
= | -145.784 | / | ( ( (237.745 + max(18.406, 0)) | + | (226.587 + max(18.207, 0)) ) | / | 2 ) |
= | -145.784 | / | ( ( 256.151 | + | 244.794 ) | / | 2 ) |
= | -145.784 | / | 250.4725 | ||||
= | -58.20 % |
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) |
= | (15.46 | + | 1.057 | + | 8.172) | - | (5.198 | + | 0 | + | 1.085) |
= | 18.406 |
Working Capital | (Q: Sep. 2024 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (17.919 | + | 0.99 | + | 3.909) | - | (4.469 | + | 0 | + | 0.142) |
= | 18.207 |
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:
Origin Materials's Earnings Yield (Joel Greenblatt) % for today is calculated as:
Earnings Yield (Joel Greenblatt) % | = | EBIT (TTM) | / | Enterprise Value (Q: Sep. 2024 ) |
= | -81.076 | / | 15.143 | |
= | -535.40 % |
* 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.
Thank you for viewing the detailed overview of Origin Materials's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
John Bissell | director, officer: President, Co-CEO and Director | C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605 |
Matthew T Plavan | officer: Chief Financial Officer | C/O THERMOGENESIS CORP., 2711 CITRUS ROAD, RANCHO CORDOVA CA 95742 |
Joshua C. Lee | officer: General Counsel | C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605 |
Richard J. Riley | director, officer: Co-CEO and Director | C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605 |
Heidenmark Cook Pia Johanna | director | PRASTAV 672, VIKEN V7 263 61 |
R Tony Tripeny | director | ONE RIVERFRONT PLAZA, CORNING NY 14831 |
Pamela Haley | officer: Interim CFO | 202 COUSTEAU PLACE, DAVIS CA 95618 |
Karen A Richardson | director | |
James C. Stephanou | director | 930 RIVERSIDE PKWY SUITE 10, WEST SACRAMENTO CA 95605 |
Craig A Rogerson | director | 1313 N MARKET ST, WILMINGTON DE 19894 |
Boon Sim | director, 10 percent owner | C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249 |
Nathan S. Whaley | officer: Chief Financial Officer | C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605 |
Stephen Galowitz | officer: Chief Commercial Officer | C/O ORIGIN MATERIALS, INC., 3 COLUMBUS CIRCLE, SUITE 2215, NEW YORK NY 10019 |
Charles Drucker | director, 10 percent owner, officer: Executive Chairman | 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263 |
Benno O Dorer | director | 1221 BROADWAY, OAKLAND CA 94612 |
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