GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » thyssenkrupp AG (XTER:TKA) » Definitions » EBIT

thyssenkrupp AG (XTER:TKA) EBIT : €-1,690 Mil (TTM As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is thyssenkrupp AG EBIT?

thyssenkrupp AG's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was €31 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-1,690 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. thyssenkrupp AG's annualized ROC % for the quarter that ended in Dec. 2023 was -8.27%. thyssenkrupp AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. thyssenkrupp AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 145.89%.


thyssenkrupp AG EBIT Historical Data

The historical data trend for thyssenkrupp 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.

thyssenkrupp AG EBIT Chart

thyssenkrupp AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -562.00 -5,331.00 293.00 1,566.00 -1,295.00

thyssenkrupp AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 428.00 124.00 400.00 -2,245.00 31.00

Competitive Comparison of thyssenkrupp AG's EBIT

For the Metal Fabrication subindustry, thyssenkrupp 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.


thyssenkrupp AG's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, thyssenkrupp AG's EV-to-EBIT distribution charts can be found below:

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



thyssenkrupp 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1,690 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.


thyssenkrupp AG  (XTER:TKA) EBIT Explanation

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

thyssenkrupp AG'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-1316 * ( 1 - -31.03% )/( (20809 + 20879)/ 2 )
=-1724.3548/20844
=-8.27 %

where

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

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

thyssenkrupp AG'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=124/( ( (5548 + max(3028, 0)) + (4814 + max(3847, 0)) )/ 2 )
=124/( ( 8576 + 8661 )/ 2 )
=124/8618.5
=1.44 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4765 + 7553 + 2116) - (4655 + 0 + 6751)
=3028

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4244 + 7986 + 2384) - (4091 + 0 + 6676)
=3847

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-1690/-1158.437
=145.89 %

* 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.


thyssenkrupp AG EBIT Related Terms

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


thyssenkrupp AG (XTER:TKA) Business Description

Address
ThyssenKrupp Allee 1, Essen, NW, DEU, 45143
thyssenkrupp AG is a diversified industrial group with steel operations and capital goods and services businesses. Its segment includes Materials Services, Bearings, Forged Technologies, Automotive Technology, Steel Europe, Marine Systems, Multi Tracks. The group also provides cross-cutting services to businesses and Corporate Headquarters.
Executives
Dr. Klaus Keysberg Board of Directors
Oliver Burkhard Board of Directors
Martina Merz Board of Directors

thyssenkrupp AG (XTER:TKA) Headlines

No Headlines