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Bloomin Brands's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was $46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $102 Mil.
EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bloomin Brands's annualized ROC % for the quarter that ended in Jun. 2024 was 6.38%. Bloomin Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 8.66%.
EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bloomin Brands's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 2.91%.
The historical data trend for Bloomin Brands'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.
Bloomin Brands Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
EBIT | Get a 7-Day Free Trial | 190.95 | -175.08 | 306.89 | 205.11 | 325.14 |
Bloomin Brands Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
EBIT | Get a 7-Day Free Trial | 89.45 | 58.22 | 56.85 | -58.70 | 46.13 |
For the Restaurants subindustry, Bloomin Brands'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.
For the Restaurants industry and Consumer Cyclical sector, Bloomin Brands's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Bloomin Brands's EV-to-EBIT falls into.
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 quarterly data reported by the company within the most recent 12 months, which was $102 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.
Bloomin Brands (NAS:BLMN) EBIT Explanation
1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Bloomin Brands'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: Mar. 2024 ) | + | Invested Capital (Q: Jun. 2024 )) | / count ) |
= | 249.568 * ( 1 - 5.42% ) | / | ( (3716.733 | + | 3686.863) | / 2 ) |
= | 236.0414144 | / | 3701.798 | |||
= | 6.38 % |
where
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 | )) |
= | 3394.239 | - | 273.391 | - | ( 131.664 | - | max(0, 894.057 | - | 298.172 | + | 131.664 | )) |
= | 3716.733 |
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 | )) |
= | 3394.168 | - | 274.364 | - | ( 117.919 | - | max(0, 867.27 | - | 300.211 | + | 117.919 | )) |
= | 3686.863 |
Note: The Operating Income data used here is four times the quarterly (Jun. 2024) data.
2. Joel Greenblatt's definition of Return on Capital:
Bloomin Brands'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: Mar. 2024 | Q: Jun. 2024 | ||||||
= | EBIT | / | ( ( (Property, Plant and Equipment + Net Working Capital) | + | (Property, Plant and Equipment + Net Working Capital) ) | / | count ) |
= | 184.524 | / | ( ( (2132.923 + max(-556.374, 0)) | + | (2130.73 + max(-515.581, 0)) ) | / | 2 ) |
= | 184.524 | / | ( ( 2132.923 | + | 2130.73 ) | / | 2 ) |
= | 184.524 | / | 2131.8265 | ||||
= | 8.66 % |
where Working Capital is:
Working Capital | (Q: Mar. 2024 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (50.889 | + | 65.211 | + | 50.408) | - | (273.391 | + | 320.003 | + | 129.488) |
= | -556.374 |
Working Capital | (Q: Jun. 2024 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (55.824 | + | 74.081 | + | 52.387) | - | (274.364 | + | 309.015 | + | 114.494) |
= | -515.581 |
When net working capital is negative, 0 is used.
Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.
3. It is also linked to Joel Greenblatt's definition of Earnings Yield:
Bloomin Brands's Earnings Yield (Joel Greenblatt) % for today is calculated as:
Earnings Yield (Joel Greenblatt) % | = | EBIT (TTM) | / | Enterprise Value (Q: Jun. 2024 ) |
= | 102.492 | / | 3518.549 | |
= | 2.91 % |
* 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.
Thank you for viewing the detailed overview of Bloomin Brands's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Julie T. Kunkel | director | 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607 |
Rohit Lal | director | 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097 |
Lissette R Gonzalez | officer: SVP, Global Supply Chain Offic | 2202 N. WEST SHORE BLVD., SUITE 500, TAMAP FL 33607 |
Brett A Patterson | officer: SVP, Pres Outback Steakhouse | 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607 |
Mark E Graff | officer: SVP, Development | 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607 |
Astrid Isaacs | officer: SVP, Chief Technology Officer | 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607 |
Elizabeth A Smith | director, officer: Chairman and CEO | 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Gainor John P Jr | director | 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097 |
David J. Deno | officer: Executive Vice President & CFO | 111 4TH AVENUE NORTH #503, MINNEAPOLIS MN 55402 |
Suzann Trevisan | officer: Chief Human Resources Officer | 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607 |
Melanie Marein-efron | director | C/O URBAN OUTFITTERS, INC., 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112 |
Philip J Pace | officer: SVP, Chief Accounting Officer | 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607 |
Kelly Lefferts | officer: EVP, Chief Legal Officer | 2202 N. WEST SHORE BLVD SUITE 500, TAMPA FL 33607 |
Gregg Scarlett | officer: EVP & Pres. Bonefish Grill | 2202 NORTH WEST SHORE BOULEVARD, TAMPA FL 33607 |
Lawrence V Jackson | director | C/O ASSURANT, INC., 28 LIBERTY ST., 41 F, NEW YORK NY 10005 |
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