Jack Henry & Associates (Jack Henry & Associates) EBIT : $502 Mil (TTM As of Dec. 2023)

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What is Jack Henry & Associates EBIT?

Jack Henry & Associates's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $124 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $502 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jack Henry & Associates's annualized ROC % for the quarter that ended in Dec. 2023 was 14.52%. Jack Henry & Associates's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 163.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jack Henry & Associates's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.10%.

Jack Henry & Associates EBIT Historical Data

The historical data trend for Jack Henry & Associates'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.

Jack Henry & Associates EBIT Chart

Jack Henry & Associates Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

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348.16

381.76

398.87

474.65

489.65

Jack Henry & Associates 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															108.62	110.78	129.37	137.45	124.09

Competitive Comparison of Jack Henry & Associates's EBIT

For the Information Technology Services subindustry, Jack Henry & Associates'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.

Jack Henry & Associates's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Jack Henry & Associates's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jack Henry & Associates's EV-to-EBIT falls into.

Jack Henry & Associates 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 $502 Mil.

Jack Henry & Associates (NAS:JKHY) EBIT Explanation

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

Jack Henry & Associates'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 )
=	475.868 * ( 1 - 23.5% )	/	( (2493.847	+	2520.037)	/ 2 )
=	364.03902	/	2506.942
=	14.52 %

where

	Invested Capital		(Q: Sep. 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	))
=	2734.223	-	208.909	-	( 31.467	-	max(0, 470.565	-	563.496	+	31.467	))
=	2493.847

	Invested Capital		(Q: Dec. 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	))
=	2753.976	-	207.23	-	( 26.709	-	max(0, 404.024	-	554.267	+	26.709	))
=	2520.037

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

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

Jack Henry & Associates'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 )
=	496.352	/	( ( (202.847 + max(69.668, 0))	+	(204.846 + max(131.666, 0)) )	/	2 )
=	496.352	/	( ( 272.515	+	336.512 )	/	2 )
=	496.352	/	304.5135
=	163.00 %

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)
=	(296.937	+	0	+	243.296)	-	(208.909	+	261.656	+	0)
=	69.668

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(278.683	+	0	+	257.007)	-	(207.23	+	196.794	+	0)
=	131.666

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:

Jack Henry & Associates's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	501.688	/	12242.714
	=	4.10 %

Jack Henry & Associates EBIT Related Terms

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Jack Henry & Associates (Jack Henry & Associates) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Jack Henry & Associates Inc (NAS:JKHY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

JHY:Germany JHY:Germany J1KH34:Brazil

Address

663 Highway 60, P.O. Box 807, Monett, MO, USA, 65708

Website

https://www.jackhenry.com

Jack Henry is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing for U.S. banks and credit unions, with a focus on small and midsize banks. Jack Henry serves almost 1,000 banks and over 700 credit unions.

Executives

Stacey E. Zengel	officer: Vice President	PO BOX 807, 663 HWY 60, MONETT MO 65708
Thomas A Wimsett	director
Laura G. Kelly	director	PO BOX 807, 663 HIGHWAY 60, MONETT MO 65708
David B Foss	officer: PRESIDENT	PO BOX 807, 663 HWY 60, MONETT MO 65708
Mimi Carsley	officer: CFO and Treasurer	6333 N. STATE HWY 161, 6TH FLOOR, IRVING TX 75038
Renee Ann Swearingen	officer: Sr VP & Chief Accounting Offic	PO BOX 807, 663 HWY 60, MONETT MO 65708
Gregory R. Adelson	officer: Vice President	PO BOX 807, 663 HWY 60, MONETT MO 65708
Wilson Thomas Hampton Jr.	director	PO BOX 807, 663 HWY 60, MONETT MO 65708
Curtis A Campbell	director	6333 N. STATE HWY 161, 6TH FLOOR, IRVING TX 75038
John F Prim	officer: PRESIDENT	PO BOX 807-663 HWY 60, MONETT MO 65708
Steven W. Tomson	officer: VICE PRESIDENT	PO BOX 807, 663 HWY 60, MONETT MO 65708
Kevin D Williams	officer: CHIEF FINANCIAL OFFICER	PO BOX 807-663 HWY 60, MONETT MO 65708
Mark S Forbis	officer: IMAGE DEPARTMENT MANAGER	663 HWY 60, PO BOX 807, MONETT MO 65708
Ronald L. Moses	officer: Vice President	PO BOX 807, 663 HWY 60, MONETT MO 65708
Wesley A Brown	director	PO BOX 807, 663 HWY 60, MONETT MO 65708