GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Electrolux Professional AB (OSTO:EPRO B) » Definitions » EBIT

Electrolux Professional AB (OSTO:EPRO B) EBIT : kr1,286 Mil (TTM As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Electrolux Professional AB EBIT?

Electrolux Professional AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was kr270 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was kr1,286 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Electrolux Professional AB's annualized ROC % for the quarter that ended in Mar. 2024 was 7.92%. Electrolux Professional AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 51.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Electrolux Professional AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.72%.


Electrolux Professional AB EBIT Historical Data

The historical data trend for Electrolux Professional AB'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.

Electrolux Professional AB EBIT Chart

Electrolux Professional AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 1,017.00 384.00 614.00 1,039.00 1,317.00

Electrolux Professional AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 300.00 345.00 247.00 424.00 270.00

Competitive Comparison of Electrolux Professional AB's EBIT

For the Specialty Industrial Machinery subindustry, Electrolux Professional AB'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.


Electrolux Professional AB's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Electrolux Professional AB's EV-to-EBIT distribution charts can be found below:

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



Electrolux Professional AB 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1,286 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.


Electrolux Professional AB  (OSTO:EPRO B) EBIT Explanation

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

Electrolux Professional AB's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=1080 * ( 1 - 27.85% )/( (8831 + 10838)/ 2 )
=779.22/9834.5
=7.92 %

where

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

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

Electrolux Professional AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1080/( ( (1869 + max(-49, 0)) + (2027 + max(313, 0)) )/ 2 )
=1080/( ( 1869 + 2340 )/ 2 )
=1080/2104.5
=51.32 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1904 + 1687 + 262) - (2326 + 0 + 1576)
=-49

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2318 + 1954 + 442) - (2572 + 0 + 1829)
=313

When net working capital is negative, 0 is used.

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

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

Electrolux Professional AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1286/22472.246
=5.72 %

* 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.


Electrolux Professional AB EBIT Related Terms

Thank you for viewing the detailed overview of Electrolux Professional AB's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Electrolux Professional AB (OSTO:EPRO B) Business Description

Traded in Other Exchanges
Address
Franzengatan 6, Stockholm, SWE, SE-112 51
Electrolux Professional AB is a provider of food service, beverage, and laundry solutions, serving a wide range of customers globally, from restaurants and hotels to healthcare, educational, and other service facilities. The company's products include Combi ovens; Boiling & braising pans; Fry tops; Slicers & food processors; Planetary mixers; Vacuum packers & sealers; Refrigerated counters; Blast chillers; Waste management systems; Coffee grinders; hot, cold, and frozen beverages dispensers; Beer dispensing systems; and others. Its geographical segments are Europe; the Asia Pacific, the Middle East, Africa; and the Americas, of which the majority of its revenue comes from Europe.

Electrolux Professional AB (OSTO:EPRO B) Headlines

No Headlines