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Unitil (Unitil) EBIT : $93.3 Mil (TTM As of Dec. 2023)


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What is Unitil EBIT?

Unitil's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $29.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $93.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Unitil's annualized ROC % for the quarter that ended in Dec. 2023 was 5.06%. Unitil's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Unitil's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.29%.


Unitil EBIT Historical Data

The historical data trend for Unitil'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.

Unitil EBIT Chart

Unitil 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 84.60 68.80 74.80 80.90 93.30

Unitil 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 26.40 40.60 13.40 9.70 29.60

Competitive Comparison of Unitil's EBIT

For the Utilities - Diversified subindustry, Unitil'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.


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

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

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



Unitil 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 $93.3 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.


Unitil  (NYSE:UTL) EBIT Explanation

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

Unitil'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 )
=111.2 * ( 1 - 22.89% )/( (1665.1 + 1721)/ 2 )
=85.74632/1693.05
=5.06 %

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:

Unitil'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 )
=118.4/( ( (1395.6 + max(-27.8, 0)) + (1426.5 + max(-10.7, 0)) )/ 2 )
=118.4/( ( 1395.6 + 1426.5 )/ 2 )
=118.4/1411.05
=8.39 %

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)
=(57.7 + 13.8 + 7.6) - (42.1 + 0 + 64.8)
=-27.8

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(75 + 14.5 + 8.3) - (49.6 + 0 + 58.9)
=-10.7

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=93.3/1482.531
=6.29 %

* 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.


Unitil EBIT Related Terms

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


Unitil (Unitil) Business Description

Traded in Other Exchanges
N/A
Address
6 Liberty Lane West, Hampton, NH, USA, 03842-1720
Unitil Corp is a holding company, through its subsidiaries it is engaged in the local distribution of electricity and natural gas throughout its service territories in the states of New Hampshire, Massachusetts, and Maine. It reports three segments namely utility gas operations, utility electric operations, and non-regulated.
Executives
Todd R Diggins officer: Controller and CAO 6 LIBERTY LANE WEST, HAMPTON NH 03842
Anne L. Alonzo director 601 WEST FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Neveen F Awad director 6 LIBERTY LANE WEST, HAMPTON NH 03842
Justin Eisfeller officer: VP, IT & CTO 6 LIBERTY LANE WEST, HAMPTON NH 03842
Todd R Black officer: SR. VICE PRESIDENT 6 LIBERTY LANE WEST, HAMPTON NH 03842
Robert B Hevert officer: Senior Vice President 6 LIBERTY LANE WEST, HAMPTON NH 03842
Meissner Thomas P Jr officer: Sr. Vice President 6 LIBERTY LANE WEST, HAMPTON NH 03842
Daniel J Hurstak officer: Controller 6 LIBERTY LANE WEST, HAMPTON NH 03842
Winfield S Brown director 6 LIBERTY LANE WEST, HAMPTON NH 03842
Justine Vogel director 6 LIBERTY LANE WEST, HAMPTON NH 03857
Suzanne Foster director 6 LIBERTY LANE WEST, HAMPTON NH 03842
Christine L Vaughan officer: SVP, Fin. & Regulatory Svcs 6 LIBERTY LANE WEST, HAMPTON NH 03842
Christopher J Leblanc officer: Vice President 6 LIBERTY LANE WEST, HAMPTON NH 03842
Elfner Albert H Iii director 6 LIBERTY LANE WEST, HAMPTON NH 03842
David P Brownell director 6 LIBERTY LANE WEST, HAMPTON NH 03842

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