SDXAY (Sodexo) EBIT : $1,260 Mil (TTM As of Aug. 2024)

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What is Sodexo EBIT?

Sodexo's earnings before interest and taxes (EBIT) for the six months ended in Aug. 2024 was $520 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2024 was $1,260 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sodexo's annualized ROC % for the quarter that ended in Aug. 2024 was 5.03%. Sodexo's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 76.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sodexo's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 7.96%.

Sodexo EBIT Historical Data

The historical data trend for Sodexo'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.

Sodexo EBIT Chart

Sodexo Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

EBIT

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-84.02

410.59

847.01

990.19

1,276.74

Sodexo Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
EBIT	Get a 7-Day Free Trial															302.94	580.30	399.13	740.02	520.40

Competitive Comparison of Sodexo's EBIT

For the Specialty Business Services subindustry, Sodexo'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.

Sodexo's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sodexo's EV-to-EBIT distribution charts can be found below:

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

Sodexo 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 Aug. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,260 Mil.

Sodexo (OTCPK:SDXAY) EBIT Explanation

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

Sodexo's annualized ROC % for the quarter that ended in Aug. 2024 is calculated as:

	ROC % (Q: Aug. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Feb. 2024 )	+	Invested Capital (Q: Aug. 2024 ))	/ count )
=	994.488 * ( 1 - 37.78% )	/	( (12208.198	+	12407.937)	/ 2 )
=	618.7704336	/	12308.0675
=	5.03 %

where

	Invested Capital		(Q: Feb. 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	))
=	16824.164	-	3408.846	-	( 1653.722	-	max(0, 5401.294	-	6608.414	+	1653.722	))
=	12208.198

	Invested Capital		(Q: Aug. 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	))
=	16564.498	-	3632.856	-	( 2356.119	-	max(0, 6529.217	-	7052.922	+	2356.119	))
=	12407.937

Note: The Operating Income data used here is two times the semi-annual (Aug. 2024) data.

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

Sodexo's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Aug. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Feb. 2024		Q: Aug. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1040.794	/	( ( (1363.538 + max(-645.092, 0))	+	(1350.606 + max(-1339.58, 0)) )	/	2 )
=	1040.794	/	( ( 1363.538	+	1350.606 )	/	2 )
=	1040.794	/	1357.072
=	76.69 %

where Working Capital is:

	Working Capital		(Q: Feb. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3742.179	+	346.278	+	442.287)	-	(3408.846	+	0	+	1766.99)
=	-645.092

	Working Capital		(Q: Aug. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3467.475	+	355.017	+	406.836)	-	(3632.856	+	0	+	1936.052)
=	-1339.58

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Aug. 2024) EBIT data.

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

Sodexo's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Aug. 2024 )
	=	1260.419	/	15833.141
	=	7.96 %

Sodexo EBIT Related Terms

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Sodexo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sodexo (OTCPK:SDXAY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

SDXOF:USA SWp:UK 0J3F:UK SW:France SJ7:Germany SJ7:Germany

Address

255, quai de la Bataille-de-Stalingrad, Issy-les-Moulineaux, Cedex 9, Paris, FRA, 92130

Website

https://www.sodexo.com

Sodexo is one of the largest food service companies globally, operating in 45 countries with annual sales of more than EUR 20 billion. Sodexo's model rests on operating on-premises catering facilities, rather than centralized industrial kitchens. Food services remains the largest business segment, contributing 64% of revenue in 2023. Sodexo has its own group purchasing organization, or GPO, Entegra, with annual purchasing of over EUR 37 billion. The company spun off its benefits and service business, Pluxee, and now focuses on food services and its second business, facilities-management services.