Southern California Gas Co (Southern California Gas Co) EBIT : $1,048.00 Mil (TTM As of Mar. 2024)

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What is Southern California Gas Co EBIT?

Southern California Gas Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $479.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $1,048.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Southern California Gas Co's annualized ROC % for the quarter that ended in Mar. 2024 was 6.11%. Southern California Gas Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Southern California Gas Co EBIT Historical Data

The historical data trend for Southern California Gas Co'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.

Southern California Gas Co EBIT Chart

Southern California Gas Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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903.00

759.00

-579.00

936.00

1,092.00

Southern California Gas Co 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															523.00	206.00	81.00	282.00	479.00

Competitive Comparison of Southern California Gas Co's EBIT

For the Oil & Gas Midstream subindustry, Southern California Gas Co'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.

Southern California Gas Co's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Southern California Gas Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Southern California Gas Co's EV-to-EBIT falls into.

Southern California Gas Co 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 $1,048.00 Mil.

Southern California Gas Co (OTCPK:SOCGP.PFD) EBIT Explanation

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

Southern California Gas Co'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 )
=	1720 * ( 1 - 10.7% )	/	( (24998	+	25261)	/ 2 )
=	1535.96	/	25129.5
=	6.11 %

where

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	24266	-	1033	-	( 2	-	max(0, 4407	-	2642	+	2	))
=	24998

	Invested Capital		(Q: Mar. 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	))
=	24882	-	885	-	( 54	-	max(0, 3781	-	2517	+	54	))
=	25261

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

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

Southern California Gas Co'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 )
=	1916	/	( ( (19202 + max(-422, 0))	+	(19461 + max(-780, 0)) )	/	2 )
=	1916	/	( ( 19202	+	19461 )	/	2 )
=	1916	/	19331.5
=	9.91 %

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)
=	(985	+	277	+	1254)	-	(1033	+	0	+	1905)
=	-422

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(995	+	265	+	1075)	-	(885	+	0	+	2230)
=	-780

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:

Southern California Gas Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	1048	/	0.000
	=	%

Southern California Gas Co EBIT Related Terms

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Southern California Gas Co (Southern California Gas Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Southern California Gas Co (OTCPK:SOCGP.PFD) » Definitions » EBIT

Comparable Companies

AZURQ PGAS LNGLF BKEP ARCX MEP GPP SGU GLP GLOP MMLP TLP AMID PTXP PBFX WPT NSH HESM CNNX EEQ

Traded in Other Exchanges

SOCGM.PFD:USA

Address

555 West Fifth Street, Los Angeles, CA, USA, 90013

Website

http://www.socalgas.com

Southern California Gas Co is a utility service company. The company is engaged in natural gas distribution, refining and other processes.

Executives

Diana L Day	director	488 8TH AVENUE, SAN DIEGO CA 92101
Karen L Sedgwick	director	488 8TH AVENUE, SAN DIEGO CA 92101
Jeffery Lenord Walker	officer: SVP-Chief Admin & Diversity Of	555 WEST 5TH STREET, LOS ANGELES CA 90013
Scott D. Drury	director, officer: Chief Executive Officer	555 W 5TH STREET, LOS ANGELES CA 90013
Kevin C. Sagara	director	488 8TH AVENUE, SAN DIEGO CA 92101
Mia Demontigny	officer: VP, CFO, Controller & CAO	488 8TH AVENUE, SAN DIEGO CA 92101
Randall Lee Clark	director	488 8TH AVENUE, SAN DIEGO CA 92101
Maryam S. Brown	officer: President	555 W. 5TH STREET, LOS ANGELES CA 90013
Alexander Lisa Larroque	director	488 8TH AVENUE, SAN DIEGO CA 92101
David Judson Barrett	officer: VP and General Counsel	555 W 5TH STREET, LOS ANGELES CA 90013
Jimmie I Cho	officer: Senior Vice President	555 W 5TH STREET, LOS ANGELES CA 90013
Patrick Kevin Chase	officer: SVP, Chief Information Officer	488 8TH AVENUE, SAN DIEGO CA 92101
Gillian Wright	officer: Chief HR and Admin Officer	555 W. 5TH STREET, LOS ANGELSS CA 90013
Hal D. Snyder	officer: Chief HR and Admin Officer	555 WEST FIFTH STREET, LOS ANGELES CA 90013
Trevor I Mihalik	director	101 ASH STREET, SAN DIEGO CA 92101

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