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DWS Group GmbH KGaA (XTER:DWS) EBIT : €962 Mil (TTM As of Sep. 2024)


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What is DWS Group GmbH KGaA EBIT?

DWS Group GmbH KGaA's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was €198 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was €962 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. DWS Group GmbH KGaA's annualized ROC % for the quarter that ended in Sep. 2024 was 7.85%. DWS Group GmbH KGaA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 535.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. DWS Group GmbH KGaA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 13.55%.

DWS Group GmbH KGaA EBIT Historical Data

The historical data trend for DWS Group GmbH KGaA'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.

DWS Group GmbH KGaA EBIT Chart

DWS Group GmbH KGaA 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 751.00 783.00 1,106.00 884.00 791.00

DWS Group GmbH KGaA 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 166.00 309.00 165.00 290.00 198.00

Competitive Comparison of DWS Group GmbH KGaA's EBIT

For the Asset Management subindustry, DWS Group GmbH KGaA'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.

DWS Group GmbH KGaA's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DWS Group GmbH KGaA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where DWS Group GmbH KGaA's EV-to-EBIT falls into.


DWS Group GmbH KGaA 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 €962 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.

DWS Group GmbH KGaA  (XTER:DWS) EBIT Explanation

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

DWS Group GmbH KGaA'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 )
=792 * ( 1 - 0% )/( (10083 + 0)/ 1 )
=792/10083
=7.85 %

where

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))
=11075 - 2267 - ( 1359 - max(0, 2943 - 1668+1359))
=10083

Invested Capital(Q: Sep. 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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

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

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

DWS Group GmbH KGaA'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 )
=792/( ( (148 + max(-2631, 0)) + (0 + max(0, 0)) )/ 1 )
=792/( ( 148 + 0 )/ 1 )
=792/148
=535.14 %

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)
=(218 + 0 + 86) - (2267 + 0 + 668)
=-2631

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

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:

DWS Group GmbH KGaA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=962/7098.000
=13.55 %

* 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.

DWS Group GmbH KGaA EBIT Related Terms

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DWS Group GmbH KGaA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » DWS Group GmbH & Co KGaA (XTER:DWS) » Definitions » EBIT
Comparable Companies
LSE:MNG LSE:FCIT LSE:ICP LSE:SDR LSE:STJ LSE:HL. LSE:UKW LSE:ABDN LSE:ATST LSE:3IN BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
DWSd:UK 0SAY:UK DWS:Austria
Address
Mainzer Landstrasse 11-17, Frankfurt am Main, HE, DEU, 60329
Website
https://www.dws.com
Until 2018, DWS was fully owned by Deutsche Bank, which retains a 79% interest in DWS. DWS' home German market remains important—contributing roughly 40% of assets under management—the EMEA region in total accounts for 70% of AUM, and the Americas contributes nearly all of the balance, with a small Asian presence. Assets from institutional clients make up 55% of overall AUM.

DWS Group GmbH KGaA Headlines

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