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Ameren (Ameren) EBIT : $1,906 Mil (TTM As of Dec. 2023)


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What is Ameren EBIT?

Ameren's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $351 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $1,906 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ameren's annualized ROC % for the quarter that ended in Dec. 2023 was 2.09%. Ameren's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ameren's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.24%.


Ameren EBIT Historical Data

The historical data trend for Ameren'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.

Ameren EBIT Chart

Ameren 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 1,397.00 1,451.00 1,535.00 1,741.00 1,906.00

Ameren 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 322.00 429.00 411.00 715.00 351.00

Competitive Comparison of Ameren's EBIT

For the Utilities - Regulated Electric subindustry, Ameren'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.


Ameren's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ameren's EV-to-EBIT distribution charts can be found below:

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



Ameren 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 $1,906 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.


Ameren  (NYSE:AEE) EBIT Explanation

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

Ameren'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 )
=1056 * ( 1 - 19.7% )/( (40368 + 40858)/ 2 )
=847.968/40613
=2.09 %

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:

Ameren'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 )
=1404/( ( (32938 + max(-177, 0)) + (33776 + max(-229, 0)) )/ 2 )
=1404/( ( 32938 + 33776 )/ 2 )
=1404/33357
=4.21 %

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)
=(597 + 760 + 294) - (1164 + 0 + 664)
=-177

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(494 + 733 + 504) - (1136 + 176 + 648)
=-229

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1906/36405.329
=5.24 %

* 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.


Ameren EBIT Related Terms

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


Ameren (Ameren) Business Description

Traded in Other Exchanges
Address
1901 Chouteau Avenue, St. Louis, MO, USA, 63103
Ameren owns rate-regulated generation, transmission, and distribution networks that deliver electricity and natural gas in Missouri and Illinois. It serves more than 2.4 million electricity customers and more than 900,000 natural gas customers.
Executives
Rafael Flores director 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Michael L Moehn other: Vice President of Subsidiary 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Fadi M Diya officer: SVP & CNO of Subsidiary 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166
Chonda J Nwamu other: SVP & Deputy General Counsel 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Mark C Lindgren officer: VP & Chief HR Officer of Sub 1901 CHOUTEAU AVENUE, PO BOX 66149, ST. LOUIS MO 63166-6149
Warner L Baxter officer: EVP and CFO 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Gwendolyn G Mizell other: Chief Sustain & Diversity 800 S HANLEY SUITE 8D, CLAYTON MO 63105
Leonard P Singh other: Chrmn and Pres-Elect of sub 1901 CHOUTEAU AVENUE, PO BOX 66149, ST LOUIS MO 63166-6149
Mark C Birk other: Vice President of Subsidiary 1901 CHOUTEAU AVE MC-1310, ST LOUIS MO 63103
Martin J Lyons officer: Executive VP & CFO 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Richard J Mark other: Vice President of Subsidiary 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Shawn E Schukar other: Chmn & President of Subsidiary 1901 CHOUTEAU AVENUE, MC-1310, ST. LOUIS MO 63103
Theresa A Shaw officer: SVP, Finance and CAO 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Bruce A Steinke officer: SVP, Finance & CAO 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166
Mackay Leo S. Jr. director C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666

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