GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Rheinmetall AG (STU:RHMB) » Definitions » EBIT

Rheinmetall AG (STU:RHMB) EBIT : €946 Mil (TTM As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Rheinmetall AG EBIT?

Rheinmetall AG's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €112 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €946 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rheinmetall AG's annualized ROC % for the quarter that ended in Mar. 2024 was 3.08%. Rheinmetall AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 19.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rheinmetall AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.92%.


Rheinmetall AG EBIT Historical Data

The historical data trend for Rheinmetall AG'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.

Rheinmetall AG EBIT Chart

Rheinmetall AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 523.00 407.00 613.00 750.00 926.00

Rheinmetall AG 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 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 94.00 121.00 175.00 538.00 112.00

Competitive Comparison of Rheinmetall AG's EBIT

For the Aerospace & Defense subindustry, Rheinmetall AG'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.


Rheinmetall AG's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Rheinmetall AG's EV-to-EBIT distribution charts can be found below:

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



Rheinmetall AG 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 €946 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.


Rheinmetall AG  (STU:RHMB) EBIT Explanation

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

Rheinmetall AG'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 )
=464 * ( 1 - 36.05% )/( (9350 + 9922)/ 2 )
=296.728/9636
=3.08 %

where

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

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

Rheinmetall AG'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 )
=448/( ( (1641 + max(601, 0)) + (1661 + max(582, 0)) )/ 2 )
=448/( ( 2242 + 2243 )/ 2 )
=448/2242.5
=19.98 %

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)
=(2033 + 2951 + 665) - (1442 + 0 + 3606)
=601

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1509 + 3859 + 533) - (1152 + 0 + 4167)
=582

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=946/24105.790
=3.92 %

* 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.


Rheinmetall AG EBIT Related Terms

Thank you for viewing the detailed overview of Rheinmetall AG's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Rheinmetall AG (STU:RHMB) Business Description

Address
Rheinmetall Platz 1, Dusseldorf, NW, DEU, 40476
Rheinmetall is an international group active in various markets with leading technological products and services. The sales focus is on the security technology and mobility segments. Since February 2021, the group structure has been made up of five divisions—vehicle systems, weapon and ammunition, electronic solutions, sensors and actuators, and materials and trade. The vehicle systems, weapon and ammunition, and electronic solutions divisions are among the defense and security industry's leading suppliers of innovative products to German and international defense forces. The sensors and actuators and materials and trade divisions' core area of expertise is the reduction of emissions, pollutants, and fuel consumption.

Rheinmetall AG (STU:RHMB) Headlines

No Headlines