VNTRF (Venator Materials) EBIT: $-849 Mil (TTM As of Dec. 2023)

What is Venator Materials EBIT?

Venator Materials VNTRF 12 EBIT is $-849 Mil as of Dec. 2023. GuruFocus rates VNTRF with a GF Score™ of 12/100.

Venator Materials's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-849 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Venator Materials's annualized ROC % for the quarter that ended in Dec. 2023 was 0.00%. Venator Materials's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Venator Materials's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -3,078.54%.

Venator Materials (OTCPK:VNTRF) EBIT Explanation

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

Venator Materials's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	0 * ( 1 - 0% )	/	( (1942	+	739)	/ 2 )
=	0	/	1340.5
=	0.00 %

where

	Invested Capital		(Q: Mar. 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	))
=	1865	-	419	-	( 104	-	max(0, 1464	-	968	+	104	))
=	1942

	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	))
=	1155	-	347	-	( 69	-	max(0, 358	-	865	+	69	))
=	739

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Venator Materials's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0	/	( ( (616 + max(445, 0))	+	(129 + max(418, 0)) )	/	2 )
=	0	/	( ( 1061	+	547 )	/	2 )
=	0	/	804
=	0.00 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(319	+	473	+	72)	-	(419	+	0	+	0)
=	445

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(189	+	479	+	104)	-	(347	+	0	+	7)
=	418

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Venator Materials's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-849	/	27.578
	=	-3,078.54 %

* 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.

Venator Materials EBIT Related Terms

Venator Materials EBIT Historical Data

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The historical data trend for Venator Materials's EBIT can be seen below:

Venator Materials EBIT Chart

Venator Materials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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33.00

-29.00

-34.00

-690.00

375.00

Venator Materials Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23
EBIT	Get a 7-Day Free Trial															126.00	-24.00	-808.00	-143.00	0.00

VNTRF vs PVNNF, ETCK, CRKN: EBIT Comparison

For the Specialty Chemicals subindustry, Venator Materials'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.

Venator Materials EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Venator Materials's EV-to-EBIT distribution charts can be found below:

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

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12GF Score

Venator Materials PLC VNTRF

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Venator Materials 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-849 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-849 Mil mean?

Venator Materials (VNTRF) has a EBIT of $-849 Mil as of Dec. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Venator Materials.

Is Venator Materials' EBIT too high?

Venator Materials' current EBIT is $-849 Mil. Overall, Venator Materials has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Venator Materials' EBIT compare to PVNNF and ETCK?

Venator Materials' EBIT of $-849 Mil can be compared against companies in the Chemicals 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 a Chemicals company?

A good EBIT depends on the Chemicals 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 Venator Materials. Venator Materials's current EBIT is $-849 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Venator Materials stock overvalued right now?

Venator Materials (VNTRF) has a current EBIT of $-849 Mil. The current EBIT is $-849 Mil. Venator Materials' overall GF Score™ is 12/100. 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 Venator Materials (VNTRF), the current EBIT is $-849 Mil as of Dec. 2023. 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.

Venator Materials Business Description

Industry Basic Materials Chemicals

Comparable Companies PVNNF ETCK CRKN SNES AMRSQ LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN LYB PPG ADX:BOROUGE IFF XSWX:EMSN

Address Hanzard Drive, Titanium House, Wynyard Park, Stockton-On-Tees, GBR, TS22 5FD

Website https://www.venatorcorp.com

Venator Materials PLC is a manufacturer and marketer of chemical products. Its products comprise a broad range of pigments and additives such as TiO2, color pigments, functional additives, timber treatment, and water treatment products. The company markets its products globally to a diversified group of industrial customers through two segments: Titanium Dioxide, which consists of its TiO2 business, and Performance Additives, which consists of functional additives, color pigments, timber treatment, and water treatment businesses. It derives a majority of its revenue from the Titanium Dioxide segment. Geographically, the company generates maximum revenue from the United States, and the rest from Germany, the United Kingdom, China, Italy, Spain, France, India, and other nations.

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$28.00

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