Wisconsin Electric Power Co (Wisconsin Electric Power Co) EBIT : $1,109.40 Mil (TTM As of Mar. 2024)

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What is Wisconsin Electric Power Co EBIT?

Wisconsin Electric Power Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $290.90 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $1,109.40 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wisconsin Electric Power Co's annualized ROC % for the quarter that ended in Mar. 2024 was 5.55%. Wisconsin Electric Power Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.66%.

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

Wisconsin Electric Power Co EBIT Historical Data

The historical data trend for Wisconsin Electric Power Co'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.

Wisconsin Electric Power Co EBIT Chart

Wisconsin Electric Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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782.90

879.00

900.80

989.40

1,091.00

Wisconsin Electric Power Co 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															272.50	263.10	328.80	226.60	290.90

Competitive Comparison of Wisconsin Electric Power Co's EBIT

For the Utilities - Regulated Electric subindustry, Wisconsin Electric Power Co'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.

Wisconsin Electric Power Co's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Wisconsin Electric Power Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wisconsin Electric Power Co's EV-to-EBIT falls into.

Wisconsin Electric Power Co 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 $1,109.40 Mil.

Wisconsin Electric Power Co (OTCPK:WELPP.PFD) EBIT Explanation

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

Wisconsin Electric Power Co'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 )
=	1098.4 * ( 1 - 21.05% )	/	( (15595.1	+	15667.6)	/ 2 )
=	867.1868	/	15631.35
=	5.55 %

where

	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	))
=	15841.4	-	525.9	-	( 6.1	-	max(0, 1484.9	-	1205.3	+	6.1	))
=	15595.1

	Invested Capital		(Q: Mar. 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	))
=	15846.3	-	476.7	-	( 10.9	-	max(0, 1413.8	-	1115.8	+	10.9	))
=	15667.6

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

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

Wisconsin Electric Power Co'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 )
=	1163.6	/	( ( (11585.5 + max(471.9, 0))	+	(11675.6 + max(367.3, 0)) )	/	2 )
=	1163.6	/	( ( 12057.4	+	12042.9 )	/	2 )
=	1163.6	/	12050.15
=	9.66 %

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)
=	(716.9	+	310.6	+	171.7)	-	(525.9	+	0	+	201.4)
=	471.9

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(676.6	+	288.2	+	140.1)	-	(476.7	+	0	+	260.9)
=	367.3

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:

Wisconsin Electric Power Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	1109.4	/	0.000
	=	%

Wisconsin Electric Power Co EBIT Related Terms

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Wisconsin Electric Power Co (Wisconsin Electric Power Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Wisconsin Electric Power Co (OTCPK:WELPP.PFD) » Definitions » EBIT

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Traded in Other Exchanges

WELPM.PFD:USA

Address

231 West Michigan Street, P.O. Box 2046, Milwaukee, WI, USA, 53201

Website

https://www.wecenergygroup.com

Wisconsin Electric Power Co is an electric utility company. The business activity of the group is functioned through electric and natural gas utility operations. Its electric utility operations are engaged in the generation, distribution, and sale of electricity in southeastern, east central, and northern Wisconsin and the Upper Peninsula of Michigan. The electric utility operations also include steam operations which produce, distribute, and sell steam to space heating and processing customers in metropolitan Milwaukee, Wisconsin. Its natural gas utility operations are engaged in the purchase, distribution, and sale of natural gas to retail customers and the transportation natural gas in three service areas within southeastern, east central, and northern Wisconsin.

Executives

Paul J Spicer	director	231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
William Mastoris	director	231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Xia Liu	director, officer: EVP and CFO	ONE ENERGY PLACE, PENSACOLA FL 32520
Anthony Reese	officer: Vice President and Treasurer	231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Margaret C Kelsey	officer: EVP and Gen Counsel
Gale E Klappa	director, officer: CEO and Chairman of the Board	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Tom Metcalfe	officer: Exec. VP - Generation	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
James A. Schubilske	officer: Vice President & Treasurer	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
William J Guc	officer: Vice President & Controller	130 EAST RANDOLPH DRIVE, CHICAGO IL 60601
Scott J Lauber	officer: Vice President and Treasurer	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Joan M Shafer	officer: Exec VP-HR & Org Effectiveness	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Henry W Knueppel	director	200 STATE STREET, BELOIT WI 53511
James Patrick Keyes	officer: Executive VP & CFO	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Susan H. Martin	officer: Executive VP & General Counsel	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Mary Ellen Stanek	director	14730 WEST JUNEAU BOULEVARD, ELM GROVE WI 53122

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