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Abercrombie & Fitch Co (Abercrombie & Fitch Co) EBIT : $515 Mil (TTM As of Jan. 2024)


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What is Abercrombie & Fitch Co EBIT?

Abercrombie & Fitch Co's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $234 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $515 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Abercrombie & Fitch Co's annualized ROC % for the quarter that ended in Jan. 2024 was 37.83%. Abercrombie & Fitch Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 76.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Abercrombie & Fitch Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 8.52%.


Abercrombie & Fitch Co EBIT Historical Data

The historical data trend for Abercrombie & Fitch Co'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.

Abercrombie & Fitch Co EBIT Chart

Abercrombie & Fitch Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.07 -17.02 346.93 97.25 514.65

Abercrombie & Fitch Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 90.09 38.02 96.38 145.92 234.33

Competitive Comparison of Abercrombie & Fitch Co's EBIT

For the Apparel Retail subindustry, Abercrombie & Fitch Co'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.


Abercrombie & Fitch Co's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Abercrombie & Fitch Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Abercrombie & Fitch Co's EV-to-EBIT falls into.



Abercrombie & Fitch Co 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $515 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.


Abercrombie & Fitch Co  (NYSE:ANF) EBIT Explanation

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

Abercrombie & Fitch Co's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=873.46 * ( 1 - 29.23% )/( (1651.268 + 1616.593)/ 2 )
=618.147642/1633.9305
=37.83 %

where

Invested Capital(Q: Oct. 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))
=2897.646 - 832.117 - ( 649.489 - max(0, 1027.142 - 1441.403+649.489))
=1651.268

Invested Capital(Q: Jan. 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))
=2974.233 - 787.195 - ( 900.884 - max(0, 966.82 - 1537.265+900.884))
=1616.593

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

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

Abercrombie & Fitch Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=937.324/( ( (1229.494 + max(-40.203, 0)) + (1216.289 + max(-150.814, 0)) )/ 2 )
=937.324/( ( 1229.494 + 1216.289 )/ 2 )
=937.324/1222.8915
=76.65 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(96.762 + 595.067 + 100.085) - (832.117 + 0 + 0)
=-40.203

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(78.346 + 469.466 + 88.569) - (787.195 + 0 + 0)
=-150.814

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Abercrombie & Fitch Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=514.651/6038.601
=8.52 %

* 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.


Abercrombie & Fitch Co EBIT Related Terms

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Abercrombie & Fitch Co (Abercrombie & Fitch Co) Business Description

Traded in Other Exchanges
Address
6301 Fitch Path, New Albany, OH, USA, 43054
Abercrombie & Fitch Co is a specialty retailer that sells casual clothing, personal-care products, and accessories for men, women, and children. It sells direct to consumer through its stores and websites, which include the Abercrombie & Fitch, Abercrombie kids, and Hollister brands. Most stores are in the United States, but the company does have many stores in Canada, Europe, and Asia. All stores are leased. Abercrombie ships to well over 100 countries via its websites. The company sources its merchandise from dozens of vendors that are primarily located in Asia and Central America. Abercrombie has two distribution centers in Ohio to support its North American operations. It uses third-party distributors for sales in Europe and Asia.
Executives
Scott D. Lipesky officer: SVP and CFO 6301 FITCH PATH, NEW ALBANY OH 43054
Kristin A. Scott officer: Brand President-Hollister Co. 6301 FITCH PATH, NEW ALBANY OH 43054
Jay Rust officer: EVP Human Resources 6301 FITCH PATH, NEW ALBANY OH 43054
Samir Desai officer: EVP;Chief Digital&Tech Officer 6301 FITCH PATH, NEW ALBANY OH 43054
Sarah M. Gallagher director 6301 FITCH PATH, NEW ALBANY OH 43054
Kenneth B. Robinson director 6301 FITCH PATH, NEW ALBANY OH 43054
Gregory J Henchel officer: SVP, Gen Cnsl & Secy C/O HSN, INC., 1 HSN DRIVE, ST. PETERSBURG FL 33729
Fran Horowitz-bonadies officer: President of Hollister brand 6301 FITCH PATH, NEW ALBANY OH 43054
Terry Lee Burman director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Helen Vaid director 600 WEST CHICAGO AVE., STE 400, CHICAGO IL 60654
Kerrii B Anderson director WENDY'S INTERNATIONAL, INC, 4288 WEST DUBLIN-GRANVILLE RD., DUBLIN OH 43017
Suzanne M Coulter director 6301 FITCH PATH, NEW ALBANY OH 43054
Charles R Perrin director C/O AVON PRODUCS INC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105-0196
Holly May officer: SVP, Chief HR Officer 6301 FITCH PATH, NEW ALBANY OH 43054
James A Goldman director

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