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Suncor Energy (TSX:SU) EBIT : C$11,197 Mil (TTM As of Sep. 2024)


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What is Suncor Energy EBIT?

Suncor Energy's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$2,839 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$11,197 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Suncor Energy's annualized ROC % for the quarter that ended in Sep. 2024 was 9.84%. Suncor Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 15.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Suncor Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 14.00%.


Suncor Energy EBIT Historical Data

The historical data trend for Suncor Energy'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.

Suncor Energy EBIT Chart

Suncor Energy 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 3,522.00 -5,061.00 6,531.00 13,222.00 11,375.00

Suncor Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2,331.00 3,587.00 2,401.00 2,370.00 2,839.00

Competitive Comparison of Suncor Energy's EBIT

For the Oil & Gas Integrated subindustry, Suncor Energy'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.


Suncor Energy's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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



Suncor Energy 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$11,197 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.


Suncor Energy  (TSX:SU) EBIT Explanation

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

Suncor Energy's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=10404 * ( 1 - 25.02% )/( (78874 + 79616)/ 2 )
=7800.9192/79245
=9.84 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11356/( ( (69452 + max(2235, 0)) + (70272 + max(2383, 0)) )/ 2 )
=11356/( ( 71687 + 72655 )/ 2 )
=11356/72171
=15.73 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6749 + 5530 + 0) - (9140 + 0 + 904)
=2235

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6115 + 5213 + 0) - (8041 + 0 + 904)
=2383

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=11197/79991.577
=14.00 %

* 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.


Suncor Energy EBIT Related Terms

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Suncor Energy Business Description

Traded in Other Exchanges
Address
150 - 6th Avenue S.W., P.O. Box 2844, Calgary, AB, CAN, T2P 3E3
Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil production, petroleum refining in Canada and the U.S., and the company's Petro-Canada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, and renewable fuels. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. The company's operating segments include Oil Sands, Exploration and Production, and Refining and Marketing. Geographically, the company generates a majority of its revenue from Canada.
Executives
Adam Husain Albeldawi Senior Officer
Kristopher Peter Smith Senior Officer
Kent Donald Ferguson Senior Officer
Shelley Powell Senior Officer
Jacqueline Sue Moore Senior Officer
Arlene Joyce Strom Senior Officer
Paul Douglas Gardner Senior Officer
Bruno Francoeur Senior Officer
Martha Kathleen Marlow Hall Findlay Senior Officer
Michael Roderick Macsween Senior Officer
Russell Girling Director
Mark Stephen Little Senior Officer
Joseph Anthony Vetrone Senior Officer
Lorraine Mitchelmore Director
Eric Charles Axford Senior Officer

Suncor Energy Headlines

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