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ARKO (ARKO) EBIT : $139 Mil (TTM As of Mar. 2024)


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What is ARKO EBIT?

ARKO's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $17 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $139 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ARKO's annualized ROC % for the quarter that ended in Mar. 2024 was -0.05%. ARKO's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ARKO's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.45%.


ARKO EBIT Historical Data

The historical data trend for ARKO'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.

ARKO EBIT Chart

ARKO Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 2.78 82.08 145.09 170.19 138.29

ARKO Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 16.16 42.11 53.45 26.68 17.15

Competitive Comparison of ARKO's EBIT

For the Specialty Retail subindustry, ARKO'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.


ARKO's EV-to-EBIT Distribution in the Retail - Cyclical Industry

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

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



ARKO 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $139 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.


ARKO  (NAS:ARKO) EBIT Explanation

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

ARKO's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-19.464 * ( 1 - 91.59% )/( (3083.208 + 3197.855)/ 2 )
=-1.6369224/3140.5315
=-0.05 %

where

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))
=3650.364 - 345.144 - ( 222.012 - max(0, 486.224 - 749.113+222.012))
=3083.208

Invested Capital(Q: Mar. 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))
=3620.883 - 233.96 - ( 189.068 - max(0, 479.621 - 735.563+189.068))
=3197.855

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

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

ARKO's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=68.592/( ( (2289.971 + max(68.369, 0)) + (2268.951 + max(161.966, 0)) )/ 2 )
=68.592/( ( 2358.34 + 2430.917 )/ 2 )
=68.592/2394.6285
=2.86 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(134.735 + 250.593 + 76.234) - (345.144 + 38.425 + 9.624)
=68.369

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(158.712 + 250.405 + 137.378) - (233.96 + 0 + 150.569)
=161.966

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=139.384/3133.160
=4.45 %

* 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.


ARKO EBIT Related Terms

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ARKO (ARKO) Business Description

Traded in Other Exchanges
N/A
Address
8565 Magellan Parkway, Suite 400, Richmond, VA, USA, 23227-1150
ARKO Corp operates as a holding company. The company, through its subsidiaries, owns and operates convenience stores in the United States. Some of its regional store brands include Stop, Admiral, Apple Market, BreadBox, E-Z Mart, fas mart, Li'l Cricket, and Next Door Store. Its retail store offers hot food service, beverages, cigarettes & other tobacco products, candy, salty snacks, grocery, beer, and general merchandise. ARKO operates in four segments: Retail segment, Wholesale segment, fleet fueling segment, and GPM Petroleum segment. The company derives the majority of its revenue from retail and wholesale distribution of fuel.
Executives
Karet Laura Shapira director 301 GLADE RUN LANE, PITTSBURGH PA 15238
Avram Z Friedman director DAVIDSON KEMPNER CAPITAL MANAGEMENT LP, 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Eyal Nuchamovitz officer: See Remarks 3284 NE 211 TERRACE, AVENTURA FL 33180
Kempner Partners Davidson 10 percent owner C/O MHD MANAGEMENT CO., 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Gpm Owner Llc 10 percent owner 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Starlette B Johnson director
Anthony Alexander Yoseloff 10 percent owner DAVIDSON KEMPNER CAPITAL MANAGEMENT LP, 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Davidson Kempner Long-term Distressed Opportunities Fund Ii Lp 10 percent owner DK LONG-TERM DISTRESSED OPPS GP II LLC, 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Davidson Kempner Capital Management Lp 10 percent owner 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Davidson Kempner Long-term Distressed Opportunties International Master Fund Ii Lp 10 percent owner DK LONG-TERM DISTRESSED OPPS GP II LLC, 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Davidson Kempner Institutional Partners, L.p. 10 percent owner C/O DAVIDSON KEMPNER ADVISERS INC., 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Davidson Kempner International, Ltd. 10 percent owner C/O OFFSHORE INCORPORATION LTD, OFFSHORE, INCORPORATION CENTRE, POBOX 957, RD TOWN, TORTOLA D8 00000
Andrew R Heyer director 501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019
Michael J Gade director 5501 HEADQUARTERS DRIVE, PLANO TX 75024
Sherman Iii Edmiston director ONE CITYPLACE DRIVE, SUITE 300, ONE CITYPLACE DRIVE, SUITE 300, ST. LOUIS MO 63141