G-III Apparel Group (STU:GI4) EBIT : €262 Mil (TTM As of Jan. 2024)

View and export this data going back to 2016. Start your Free Trial

What is G-III Apparel Group EBIT?

G-III Apparel Group's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was €41 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was €262 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. G-III Apparel Group's annualized ROC % for the quarter that ended in Jan. 2024 was 7.53%. G-III Apparel Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 15.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. G-III Apparel Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 19.67%.

G-III Apparel Group EBIT Historical Data

The historical data trend for G-III Apparel Group'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.

G-III Apparel Group EBIT Chart

G-III Apparel Group Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

EBIT

Get a 7-Day Free Trial

204.08

82.69

283.45

-75.70

257.22

G-III Apparel Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
EBIT	Get a 7-Day Free Trial															-268.56	14.81	28.64	177.24	41.42

Competitive Comparison of G-III Apparel Group's EBIT

For the Apparel Manufacturing subindustry, G-III Apparel Group'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.

G-III Apparel Group's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, G-III Apparel Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where G-III Apparel Group's EV-to-EBIT falls into.

G-III Apparel Group 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €262 Mil.

G-III Apparel Group (STU:GI4) EBIT Explanation

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

G-III Apparel Group's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

	ROC % (Q: Jan. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Oct. 2023 )	+	Invested Capital (Q: Jan. 2024 ))	/ count )
=	194.032 * ( 1 - 26.73% )	/	( (2057.799	+	1720.232)	/ 2 )
=	142.1672464	/	1889.0155
=	7.53 %

where

	Invested Capital		(Q: Oct. 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	))
=	2603.618	-	358.89	-	( 186.929	-	max(0, 570.42	-	1622.341	+	186.929	))
=	2057.799

	Invested Capital		(Q: Jan. 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	))
=	2461.309	-	274.89	-	( 466.187	-	max(0, 453.151	-	1524.172	+	466.187	))
=	1720.232

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

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

G-III Apparel Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jan. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Oct. 2023		Q: Jan. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	165.68	/	( ( (259.01 + max(973.893, 0))	+	(249.668 + max(670.575, 0)) )	/	2 )
=	165.68	/	( ( 1232.903	+	920.243 )	/	2 )
=	165.68	/	1076.573
=	15.39 %

where Working Capital is:

	Working Capital		(Q: Oct. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(817.47	+	560.179	+	57.763)	-	(358.89	+	0	+	102.629)
=	973.893

	Working Capital		(Q: Jan. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(516.249	+	477.751	+	63.985)	-	(274.89	+	0	+	112.52)
=	670.575

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

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

G-III Apparel Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jan. 2024 )
	=	262.106	/	1332.499
	=	19.67 %

G-III Apparel Group EBIT Related Terms

Thank you for viewing the detailed overview of G-III Apparel Group's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

G-III Apparel Group (STU:GI4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » G-III Apparel Group Ltd (STU:GI4) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

GIII:USA GI4:Germany

Address

512 Seventh Avenue, New York, NY, USA, 10018

Website

https://www.g-iii.com

G-III Apparel Group Ltd is a textile company. It makes a wide range of apparel, footwear, and accessories that it sells under its own brands, licensed brands, and private-label brands. G-III has a substantial portfolio for licensed and proprietary brands, anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld. The company has two reportable operations: Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by us from third parties, as well as sales of products under its own brands and private label brands. The retail operations segment consists primarily of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives most of its revenues from Wholesale operations.

G-III Apparel Group (STU:GI4) Headlines

No Headlines