KION GROUP AG (XTER:KGX) EBIT : €879 Mil (TTM As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is KION GROUP AG EBIT?

KION GROUP AG's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €299 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €879 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. KION GROUP AG's annualized ROC % for the quarter that ended in Mar. 2024 was 3.40%. KION GROUP AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 24.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. KION GROUP AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.76%.

KION GROUP AG EBIT Historical Data

The historical data trend for KION GROUP AG'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.

KION GROUP AG EBIT Chart

KION GROUP AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

763.80

434.60

865.60

282.10

764.40

KION GROUP AG 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															184.80	225.40	243.60	110.50	299.20

Competitive Comparison of KION GROUP AG's EBIT

For the Farm & Heavy Construction Machinery subindustry, KION GROUP AG'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.

KION GROUP AG's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, KION GROUP AG's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where KION GROUP AG's EV-to-EBIT falls into.

KION GROUP AG 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 €879 Mil.

KION GROUP AG (XTER:KGX) EBIT Explanation

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

KION GROUP AG'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 )
=	821.6 * ( 1 - 34.59% )	/	( (15711.7	+	15907.8)	/ 2 )
=	537.40856	/	15809.75
=	3.40 %

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	))
=	17388.4	-	1426.2	-	( 354.5	-	max(0, 4972.8	-	5223.3	+	354.5	))
=	15711.7

	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	))
=	17722.6	-	1489.6	-	( 325.2	-	max(0, 5017	-	5352.1	+	325.2	))
=	15907.8

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

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

KION GROUP AG'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 )
=	1196.8	/	( ( (3942.5 + max(1051.5, 0))	+	(4030.3 + max(889.3, 0)) )	/	2 )
=	1196.8	/	( ( 4994	+	4919.6 )	/	2 )
=	1196.8	/	4956.8
=	24.14 %

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)
=	(1755.8	+	1743.5	+	955.7)	-	(1426.2	+	0	+	1977.3)
=	1051.5

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1792	+	1952.7	+	892.4)	-	(1489.6	+	0	+	2258.2)
=	889.3

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:

KION GROUP AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	878.7	/	10026.576
	=	8.76 %

KION GROUP AG EBIT Related Terms

Thank you for viewing the detailed overview of KION GROUP AG's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

KION GROUP AG (XTER:KGX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » KION GROUP AG (XTER:KGX) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

KNNGF:USA KIGRY:USA 1KGX:Italy 0QFU:UK KGX:Austria

Address

Thea-Rasche-Strasse 8, Frankfurt am Main, HE, DEU, 60549

Website

https://www.kiongroup.com

Kion Group is the number-two forklift truck manufacturer globally, after Toyota, and the number-one global warehouse automation equipment supplier. The Germany-headquartered company gets 70% of its revenue from the sale of new forklifts and maintenance services. Another roughly 30%, and growing portion, comes from warehouse automation equipment under the Dematic division, which caters to sectors such as e-commerce, third-party logistics, and supermarkets. Kion's forklift trucks and warehouse equipment service the same end markets.

Executives

Valeria Jimena Gargiulo	Board of Directors
Hasan Dandashly	Board of Directors
Andreas Ulf Krinninger	Board of Directors
Andreas Krinninger	Board of Directors
Dr. Henry Puhl	Board of Directors

KION GROUP AG (XTER:KGX) Headlines

No Headlines