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PRKS (United Parks & Resorts) EBIT : $459 Mil (TTM As of Dec. 2024)


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What is United Parks & Resorts EBIT?

United Parks & Resorts's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was $74 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was $459 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. United Parks & Resorts's annualized ROC % for the quarter that ended in Dec. 2024 was 13.85%. United Parks & Resorts's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 14.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. United Parks & Resorts's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 9.52%.


United Parks & Resorts EBIT Historical Data

The historical data trend for United Parks & Resorts'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.

United Parks & Resorts EBIT Chart

United Parks & Resorts 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 -241.94 372.99 507.57 459.77 459.29

United Parks & Resorts 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 89.31 21.96 162.08 200.96 74.29

Competitive Comparison of United Parks & Resorts's EBIT

For the Leisure subindustry, United Parks & Resorts'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.


United Parks & Resorts's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, United Parks & Resorts's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where United Parks & Resorts's EV-to-EBIT falls into.



United Parks & Resorts 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 $459 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.


United Parks & Resorts  (NYSE:PRKS) EBIT Explanation

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

United Parks & Resorts'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 )
=303.024 * ( 1 - -14.45% )/( (2512.901 + 2495.265)/ 2 )
=346.810968/2504.083
=13.85 %

where

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))
=2579.639 - 209.023 - ( 76.835 - max(0, 398.404 - 256.119+76.835))
=2512.901

Invested Capital(Q: Dec. 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))
=2573.578 - 220.753 - ( 115.893 - max(0, 412.868 - 270.428+115.893))
=2495.265

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

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

United Parks & Resorts'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 )
=297.168/( ( (2034.944 + max(-199.597, 0)) + (2017.158 + max(-238.831, 0)) )/ 2 )
=297.168/( ( 2034.944 + 2017.158 )/ 2 )
=297.168/2026.051
=14.67 %

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)
=(86.633 + 50.9 + 41.751) - (209.023 + 155.724 + 14.134)
=-199.597

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(79.442 + 45.846 + 29.247) - (220.753 + 152.655 + 19.958)
=-238.831

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:

United Parks & Resorts's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=459.288/4826.683
=9.52 %

* 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.


United Parks & Resorts EBIT Related Terms

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United Parks & Resorts Business Description

Traded in Other Exchanges
N/A
Address
6240 Sea Harbor Drive, Orlando, FL, USA, 32821
United Parks & Resorts Inc operates in the United States leisure industry. Its core business is the operation of theme parks and such entertainment facilities involving sea animals across the country under prominent brands such as SeaWorld, Busch Gardens, Aquatica, Discovery Cove and Sesame Place. The company generates majority of its revenue from selling admission tickets for its theme parks.
Executives
Christopher L. Finazzo officer: Chief Commercial Officer C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
George Anthony Taylor officer: See Remarks C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Yoshikazu Maruyama director C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
Christopher Dold officer: Chief Zoological Officer C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Kyle Robert Miller officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Byron Surrett officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Shekufeh Boyle officer: Chief Accounting Officer 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Swanson Marc officer: Chief Accounting Officer C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
William Gray director 355 MAPLE AVENUE, HARLEYSVILLE PA 19438
Forrester James W Jr officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Michelle F Adams officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
James Clark Hughes officer: Chief Human Resources Officer 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Daniel C Mayer officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Timothy Hartnett director 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Elizabeth Gulacsy officer: Chief Accounting Officer C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819