Shell Midstream Partners LP (Shell Midstream Partners LP) EV-to-EBIT : 13.39 (As of Apr. 26, 2024)

Shell Midstream Partners LP EV-to-EBIT Chart

Shell Midstream Partners LP Annual Data
	Trend	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
EV-to-EBIT		Get a 7-Day Free Trial					17.34	10.25	11.17	9.84	10.55

Shell Midstream Partners LP Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
EV-to-EBIT	Get a 7-Day Free Trial															11.87	10.25	10.55	12.25	12.31

Competitive Comparison of Shell Midstream Partners LP's EV-to-EBIT

For the Oil & Gas Midstream subindustry, Shell Midstream Partners LP'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.

Shell Midstream Partners LP's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shell Midstream Partners LP's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shell Midstream Partners LP's EV-to-EBIT falls into.

Shell Midstream Partners LP EV-to-EBIT Calculation

Shell Midstream Partners LP's EV-to-EBIT for today is calculated as:

Shell Midstream Partners LP's current Enterprise Value is $8,463.8 Mil.
Shell Midstream Partners LP's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $632.0 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.

Shell Midstream Partners LP  (NYSE:SHLX) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Shell Midstream Partners LP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2022 is calculated as:

Shell Midstream Partners LP's Enterprise Value for the quarter that ended in Jun. 2022 was $7,777.6 Mil.
Shell Midstream Partners LP's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $632.0 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.

Shell Midstream Partners LP EV-to-EBIT Related Terms

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Shell Midstream Partners LP (Shell Midstream Partners LP) Business Description