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Philip Morris Operations a.d (XBEL:DINNPB.PFD) EBIT : RSD7,694.03 Mil (TTM As of Jun. 2024)


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What is Philip Morris Operations a.d EBIT?

Philip Morris Operations a.d's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was RSD4,245.79 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was RSD7,694.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Philip Morris Operations a.d's annualized ROC % for the quarter that ended in Jun. 2024 was 70.75%. Philip Morris Operations a.d's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 128.70%.

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


Philip Morris Operations a.d EBIT Historical Data

The historical data trend for Philip Morris Operations a.d'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.

Philip Morris Operations a.d EBIT Chart

Philip Morris Operations a.d Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,501.84 5,764.90 6,378.72 7,391.78 7,447.31

Philip Morris Operations a.d Semi-Annual Data
Dec13 Dec14 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 3,868.08 3,523.70 3,999.07 3,448.24 4,245.79

Competitive Comparison of Philip Morris Operations a.d's EBIT

For the Tobacco subindustry, Philip Morris Operations a.d'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.


Philip Morris Operations a.d's EV-to-EBIT Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Philip Morris Operations a.d's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Philip Morris Operations a.d's EV-to-EBIT falls into.



Philip Morris Operations a.d 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was RSD7,694.03 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.


Philip Morris Operations a.d  (XBEL:DINNPB.PFD) EBIT Explanation

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

Philip Morris Operations a.d's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=8213.242 * ( 1 - 15.68% )/( (11374.67 + 8201.456)/ 2 )
=6925.4056544/9788.063
=70.75 %

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))
=33763.227 - 13877.011 - ( 8511.546 - max(0, 15687.51 - 27011.226+8511.546))
=11374.67

Invested Capital(Q: Jun. 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))
=34005.123 - 17132.314 - ( 8671.353 - max(0, 18627.489 - 27462.984+8671.353))
=8201.456

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Philip Morris Operations a.d's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8491.582/( ( (5773.591 + max(1861.351, 0)) + (5561.412 + max(-715.389, 0)) )/ 2 )
=8491.582/( ( 7634.942 + 5561.412 )/ 2 )
=8491.582/6598.177
=128.70 %

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)
=(6609.297 + 3229.882 + 7602.721) - (13877.011 + 0 + 1703.538)
=1861.351

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5809.325 + 2721.397 + 9257.867) - (17132.314 + 0 + 1371.664)
=-715.389

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

Philip Morris Operations a.d's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=7694.032/0.000
= %

* 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.


Philip Morris Operations a.d EBIT Related Terms

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Philip Morris Operations a.d Business Description

Traded in Other Exchanges
Address
Bulvevar 12, Februar 74, Nis, SRB, 18106
Philip Morris Operations a.d manufactures tobacco products.

Philip Morris Operations a.d Headlines

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