STR.WS (Sitio Royalties) EBIT: $38.08 Mil (TTM As of Mar. 2022)

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STR.WS Sitio Royalties Corp STR.WS
12 GF Score
Price $0.01
! 4 Warning Signs
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What is Sitio Royalties EBIT?

Sitio Royalties STR.WS 12 EBIT is $38.08 Mil as of Mar. 2022. GuruFocus rates STR.WS with a GF Score™ of 12/100. The stock has 4 warning signs investors should review.

Sitio Royalties's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2022 was $6.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2022 was $38.08 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sitio Royalties's annualized ROC % for the quarter that ended in Mar. 2022 was 12.06%. Sitio Royalties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was 12.28%.

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

Sitio Royalties  (AMEX:STR.WS) EBIT Explanation

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

Sitio Royalties's annualized ROC % for the quarter that ended in Mar. 2022 is calculated as:

ROC % (Q: Mar. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2021 ) + Invested Capital (Q: Mar. 2022 ))/ count )
=45.108 * ( 1 - 32.45% )/( (255.602 + 249.652)/ 2 )
=30.470454/252.627
=12.06 %

where

Invested Capital(Q: Dec. 2021 )
=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))
=261.841 - 3.471 - ( 2.768 - max(0, 3.973 - 14.006+2.768))
=255.602

Invested Capital(Q: Mar. 2022 )
=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))
=259.036 - 6.463 - ( 2.921 - max(0, 6.662 - 15.621+2.921))
=249.652

Note: The Operating Income data used here is four times the quarterly (Mar. 2022) data.

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

Sitio Royalties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2021  Q: Mar. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=24.404/( ( (193.866 + max(7.265, 0)) + (190.416 + max(6.038, 0)) )/ 2 )
=24.404/( ( 201.131 + 196.454 )/ 2 )
=24.404/198.7925
=12.28 %

where Working Capital is:

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.018 + 0 + 1.22) - (3.471 + 0 + 0.502)
=7.265

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.844 + 0 + 0.856) - (6.463 + 0 + 0.199)
=6.038

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2022 )
=38.083/0.000
= %

* 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.

Sitio Royalties EBIT Related Terms

Sitio Royalties EBIT Historical Data

* Premium members only.

The historical data trend for Sitio Royalties'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.

Sitio Royalties EBIT Chart

Sitio Royalties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial 75.44 132.41 43.39 13.23 33.48

Sitio Royalties Quarterly Data
Dec16 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 1.49 8.99 12.23 10.76 6.10

STR.WS vs AMPY, CEI, EP: EBIT Comparison

For the Oil & Gas E&P subindustry, Sitio Royalties'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.

Sitio Royalties EV-to-EBIT vs Oil & Gas Industry

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

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


STR.WS
12GF Score
Sitio Royalties Corp STR.WS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Sitio Royalties 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $38.08 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $38.08 Mil mean?
Sitio Royalties (STR.WS) has a EBIT of $38.08 Mil as of Mar. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sitio Royalties.
Is Sitio Royalties' EBIT too high?
Sitio Royalties' current EBIT is $38.08 Mil. Overall, Sitio Royalties has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sitio Royalties' EBIT compare to AMPY and CEI?
Sitio Royalties' EBIT of $38.08 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sitio Royalties. Sitio Royalties's current EBIT is $38.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sitio Royalties stock overvalued right now?
Sitio Royalties (STR.WS) has a current EBIT of $38.08 Mil. The current EBIT is $38.08 Mil. Sitio Royalties' overall GF Score™ is 12/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Sitio Royalties (STR.WS), the current EBIT is $38.08 Mil as of Mar. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sitio Royalties Business Description

Industry EnergyOil & Gas
Address 609 Main Street, Suite 3950, Houston, TX, USA, 77002
Sitio Royalties Corp is a pure-play mineral and royalty company. The group is focused on large-scale consolidation of high-quality oil & gas mineral and royalty interests across premium basins. Sitio invests in mineral and royalty interests in the Permian and other productive U.S. oil basins.
12GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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