Norwegian Air Shuttle ASA (OSTO:NASO) EBIT : kr2,884 Mil (TTM As of Sep. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Norwegian Air Shuttle ASA EBIT?

Norwegian Air Shuttle ASA's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was kr2,289 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was kr2,884 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Norwegian Air Shuttle ASA's annualized ROC % for the quarter that ended in Sep. 2024 was 23.38%. Norwegian Air Shuttle ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 48.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Norwegian Air Shuttle ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 19.52%.

Norwegian Air Shuttle ASA EBIT Historical Data

The historical data trend for Norwegian Air Shuttle ASA'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.

Norwegian Air Shuttle ASA EBIT Chart

Norwegian Air Shuttle ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

1,421.00

-19,442.30

2,558.30

1,696.40

2,651.90

Norwegian Air Shuttle ASA Quarterly Data
	Sep19	Dec19	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															2,276.20	454.30	-624.50	764.30	2,289.40

Competitive Comparison of Norwegian Air Shuttle ASA's EBIT

For the Airlines subindustry, Norwegian Air Shuttle ASA'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.

Norwegian Air Shuttle ASA's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Norwegian Air Shuttle ASA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Norwegian Air Shuttle ASA's EV-to-EBIT falls into.

Norwegian Air Shuttle ASA 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr2,884 Mil.

Norwegian Air Shuttle ASA (OSTO:NASo) EBIT Explanation

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

Norwegian Air Shuttle ASA'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 )
=	8550.4 * ( 1 - 0% )	/	( (37377.8	+	35762.7)	/ 2 )
=	8550.4	/	36570.25
=	23.38 %

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	))
=	39659.1	-	0	-	( 11498.3	-	max(0, 15346.9	-	17628.2	+	11498.3	))
=	37377.8

	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	))
=	37515.2	-	0	-	( 11457.2	-	max(0, 14259.5	-	16012	+	11457.2	))
=	35762.7

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

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

Norwegian Air Shuttle ASA'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 )
=	9157.6	/	( ( (18950.7 + max(-7166, 0))	+	(18451.5 + max(-5985.9, 0)) )	/	2 )
=	9157.6	/	( ( 18950.7	+	18451.5 )	/	2 )
=	9157.6	/	18701.1
=	48.97 %

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)
=	(5613.4	+	516.5	+	3.6379788070917E-12)	-	(0	+	0	+	13295.9)
=	-7166

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4049.4	+	505.4	+	0)	-	(0	+	0	+	10540.7)
=	-5985.9

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:

Norwegian Air Shuttle ASA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	2883.5	/	14770.311
	=	19.52 %

Norwegian Air Shuttle ASA EBIT Related Terms

Thank you for viewing the detailed overview of Norwegian Air Shuttle ASA's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Norwegian Air Shuttle ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Norwegian Air Shuttle ASA (OSTO:NASo) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

NWARF:USA NAS:Norway NASo:UK 0FGH:UK NWC:Germany

Address

Oksenoyveien 3, Fornebu, P.O. Box 113, Lysaker, NOR, NO-1366

Website

https://www.norwegian.com

Norwegian Air Shuttle ASA is an airline that operates short-haul flights across the Nordic countries and to major destinations in Europe. The company has organized its operations into four functional business areas, including Commercial, Marketing & Customer, Operations, and Support Functions. With over three hundred routes in its network, Norwegian Air Shuttle provides passengers with quality flights at affordable fares. The company's focus is on low-cost air travel for passengers, and it believes in offering friendly and helpful service while maintaining operational excellence.