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RSI (Rush Street Interactive) EBIT : $24.3 Mil (TTM As of Dec. 2024)


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What is Rush Street Interactive EBIT?

Rush Street Interactive's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was $12.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was $24.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rush Street Interactive's annualized ROC % for the quarter that ended in Dec. 2024 was 14.11%. Rush Street Interactive's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 479.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rush Street Interactive's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 3.00%.


Rush Street Interactive EBIT Historical Data

The historical data trend for Rush Street Interactive'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.

Rush Street Interactive EBIT Chart

Rush Street Interactive Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial -128.59 -94.28 -124.80 -51.61 24.31

Rush Street Interactive 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 -3.53 1.53 4.20 6.46 12.12

Competitive Comparison of Rush Street Interactive's EBIT

For the Gambling subindustry, Rush Street Interactive'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.


Rush Street Interactive's EV-to-EBIT Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Rush Street Interactive's EV-to-EBIT falls into.



Rush Street Interactive 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 $24.3 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.


Rush Street Interactive  (NYSE:RSI) EBIT Explanation

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

Rush Street Interactive'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 )
=48.464 * ( 1 - 53.93% )/( (155.325 + 161.259)/ 2 )
=22.3273648/158.292
=14.11 %

where

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))
=379.466 - 96.291 - ( 229.171 - max(0, 163.13 - 285.046+229.171))
=161.259

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

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

Rush Street Interactive'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 )
=48.464/( ( (10.544 + max(-119.907, 0)) + (9.658 + max(-123.497, 0)) )/ 2 )
=48.464/( ( 10.544 + 9.658 )/ 2 )
=48.464/10.101
=479.79 %

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)
=(12.055 + 0 + 21.637) - (96.193 + 1.784 + 55.622)
=-119.907

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.91 + 0 + 22.754) - (96.291 + 1.814 + 63.056)
=-123.497

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:

Rush Street Interactive's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=24.309/810.397
=3.00 %

* 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.


Rush Street Interactive EBIT Related Terms

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Rush Street Interactive Business Description

Traded in Other Exchanges
N/A
Address
900 North Michigan Avenue, Suite 950, Chicago, IL, USA, 60611
Rush Street Interactive Inc is an online gaming and entertainment company that focuses primarily on online casinos and online sports betting in the U.S. and Latin American markets. It provides customers with an array of gaming offerings such as real-money online casinos, online sports betting, and retail sports betting, as well as social gaming, which involves free-to-play games that use virtual credits that can be earned or purchased. The company generates revenue by offering online casinos, online sports betting, and social gaming directly to the end customer through its websites or apps. The company generates revenue through business-to-consumer (B2C) and business-to-business (B2B) models.
Executives
Richard Todd Schwartz officer: President C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610
Mattias Stetz officer: Chief Operating Officer C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60611
Einar Roosileht officer: Chief Information Officer C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610
Paul Wierbicki director C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610
Kyle Sauers officer: Chief Financial Officer C/O ECHO GLOBAL LOGISTICS, 600 W. CHICAGO AVENUE, SUITE 725, CHICAGO IL 60654
Judith Gold director C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610
Neil Bluhm director, 10 percent owner 900 NORTH MICHIGAN AVENUE, SUITE 1900, CHICAGO IL 60611
Gregory A Carlin director, 10 percent owner, officer: Chief Executive Officer C/O NEAL GERBER & EISENBERG, 2 N. LASALLE STREET, SUITE 1700, CHICAGO IL 60602
Daniel W Yih director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 44 SOUTH BROADWAY, WHITE PLAINS NY 10601
Masi Niccolo De officer: Chief Executive Officer 500 HOWARD ST., SUITE 300, SAN FRANCISCO CA 94105
Harry L. You director, 10 percent owner, officer: Chairman EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Sheli Z Rosenberg director C/O EQUITY GROUP INVESTMENTS, L.L.C., TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Leslie N Bluhm director 900 NORTH MICHIGAN AVE, CHICAGO IL 60611
James Alan Gordon director C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610
Ngb 2016 Revocable Trust director, 10 percent owner 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60611