GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Littelfuse Inc (NAS:LFUS) » Definitions » EBIT

Littelfuse (Littelfuse) EBIT : $368 Mil (TTM As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Littelfuse EBIT?

Littelfuse's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $69 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $368 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Littelfuse's annualized ROC % for the quarter that ended in Dec. 2023 was 6.21%. Littelfuse's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 25.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Littelfuse's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.99%.


Littelfuse EBIT Historical Data

The historical data trend for Littelfuse'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.

Littelfuse EBIT Chart

Littelfuse 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 188.15 182.33 359.55 469.26 368.46

Littelfuse 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 112.48 118.55 95.51 85.40 69.01

Competitive Comparison of Littelfuse's EBIT

For the Electronic Components subindustry, Littelfuse'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.


Littelfuse's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Littelfuse's EV-to-EBIT distribution charts can be found below:

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



Littelfuse 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 $368 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.


Littelfuse  (NAS:LFUS) EBIT Explanation

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

Littelfuse'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 )
=271.212 * ( 1 - 27.26% )/( (3185.068 + 3172.476)/ 2 )
=197.2796088/3178.772
=6.21 %

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))
=4002.926 - 257.573 - ( 560.285 - max(0, 481.646 - 1458.32+560.285))
=3185.068

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))
=3995.275 - 267.051 - ( 555.748 - max(0, 375.494 - 1408.6+555.748))
=3172.476

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

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

Littelfuse'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 )
=276.048/( ( (530.661 + max(560.071, 0)) + (555.523 + max(494.787, 0)) )/ 2 )
=276.048/( ( 1090.732 + 1050.31 )/ 2 )
=276.048/1070.521
=25.79 %

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)
=(327.5 + 483.075 + 83.684) - (257.573 + 2.126 + 74.489)
=560.071

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(287.018 + 474.607 + 82.526) - (267.051 + 2.198 + 80.115)
=494.787

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=368.464/6150.920
=5.99 %

* 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.


Littelfuse EBIT Related Terms

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


Littelfuse (Littelfuse) Business Description

Traded in Other Exchanges
Address
8755 West Higgins Road, Suite 500, Chicago, IL, USA, 60631
Littelfuse is a primary provider of circuit protection products (such as fuses and relays) into the transportation, industrial, telecommunications, and consumer electronics end markets. The firm is also increasing its power semiconductor business, where it predominantly serves industrial end markets and is breaking into electric vehicle charging infrastructure. Littelfuse has 17,000 global employees.
Executives
Deepak Nayar officer: SVP & GM Electronics Business 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Matthew Cole officer: SVP eMobility & Corp Strategy 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Gayla J Delly director 3000 TECHNOLOGY DR, ANGLETON TX 77515
Gregory N. Henderson director C/O HITTITE MICROWAVE CORPORATION, 2 ELIZABETH DRIVE, CHELMSFORD MA 01824
T J Chung director C/O BRUNSWICK CORP, 1 N FIELD COURT, LAKE FOREST IL 60045
Maggie Chu officer: SVP, CHRO 8755 W HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Kristina A. Cerniglia director ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Cary T Fu director 3000 TECHNOLOGY DR, ANGLETON TX 77515
Anthony Grillo director PLEASANTVILLE RD, NEW VERNON NJ 07976
William P Noglows director C/O CABOT MICROELECTRONICS CORP, 870 N. COMMONS DR, AURORA IL 60504
Maria C Green director C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Gordon Hunter director 25950 ELENA RD, LOS ALTOS HILLS CA 94022
Jeffrey G Gorski officer: VP & Chief Accounting Officer C/O RR DONNELLEY $ SONS COMPANY, 35 W. WACKER DRIVE, CHICAGO IL 60601
Ryan K Stafford officer: EVP, CLO & Corp Secretary 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Meenal Sethna officer: Executive VP, CFO 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631

Littelfuse (Littelfuse) Headlines

From GuruFocus

Littelfuse to Participate in Investor Conferences

By Business Wire Business Wire 07-26-2022

Littelfuse Completes Acquisition of C&K Switches

By Business Wire Business Wire 07-19-2022

Littelfuse to Acquire C&K Switches

By Business Wire Business Wire 04-08-2022

Littelfuse Appoints Dr. Greg Henderson to Board of Directors

By Business Wire Business Wire 05-15-2023

Littelfuse Reports Second Quarter Results for 2023

By Business Wire 08-01-2023

Littelfuse to Participate in Investor Conferences

By Business Wire Business Wire 10-26-2022

Littelfuse Acquires Embed

By Business Wire Business Wire 04-12-2022