GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Knife River Holding Co (NYSE:KNF) » Definitions » EBIT

Knife River Holding Co (Knife River Holding Co) EBIT : $297 Mil (TTM As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Knife River Holding Co EBIT?

Knife River Holding Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $297 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Knife River Holding Co's annualized ROC % for the quarter that ended in Mar. 2024 was -7.54%. Knife River Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -12.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Knife River Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.56%.


Knife River Holding Co EBIT Historical Data

The historical data trend for Knife River Holding 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.

Knife River Holding Co EBIT Chart

Knife River Holding Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
215.33 192.43 188.94 303.40

Knife River Holding Co Quarterly Data
Dec20 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 -43.74 96.01 210.23 40.90 -49.98

Competitive Comparison of Knife River Holding Co's EBIT

For the Building Materials subindustry, Knife River Holding 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.


Knife River Holding Co's EV-to-EBIT Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Knife River Holding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Knife River Holding Co's EV-to-EBIT falls into.



Knife River Holding 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $297 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.


Knife River Holding Co  (NYSE:KNF) EBIT Explanation

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

Knife River Holding Co'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 )
=-214.908 * ( 1 - 25.53% )/( (2109.726 + 2134.652)/ 2 )
=-160.0419876/2122.189
=-7.54 %

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))
=2599.813 - 227.767 - ( 262.32 - max(0, 347.271 - 913.543+262.32))
=2109.726

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))
=2513.643 - 208.333 - ( 170.658 - max(0, 297.23 - 817.759+170.658))
=2134.652

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

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

Knife River Holding Co'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 )
=-199.916/( ( (1359.753 + max(218.113, 0)) + (1366.444 + max(325.875, 0)) )/ 2 )
=-199.916/( ( 1577.866 + 1692.319 )/ 2 )
=-199.916/1635.0925
=-12.23 %

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)
=(160.916 + 319.623 + 64.815) - (227.767 + 51.376 + 48.098)
=218.113

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(139.358 + 375.783 + 87.61) - (208.333 + 50.844 + 17.699)
=325.875

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:

Knife River Holding Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=297.161/4528.089
=6.56 %

* 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.


Knife River Holding Co EBIT Related Terms

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


Knife River Holding Co (Knife River Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
1150 West Century Avenue, Bismarck, ND, USA, 58503
Knife River Holding Co formerly Knife River Corp provides construction materials and contracting services throughout the western, central, and southern United States. Knife River produces and delivers aggregates and markets crushed stone, sand, gravel, and related construction materials, including ready-mix concrete, asphalt, and other value-added products. It also distributes cement and asphalt oil. It has more than 1 billion tons of aggregate reserves, 110 ready-mix plants, 50 asphalt plants, and a combined 410,000 tons of liquid asphalt and cement storage. The company also performs integrated contracting services for most types of aggregate-related construction, including roads, freeways, bridges, residential properties, schools, shopping centers, office buildings, and industrial parks.
Executives
Thomas S Everist director
William J Sandbrook director C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
Trevor J Hastings officer: Vice President & COO 1250 WEST CENTURY AVENUE, BISMARCK ND 58503
Karen B Fagg director P. O. BOX 5650, BISMARCK ND 58506-5650
German Carmona-alvarez director 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Glenn R. Pladsen officer: VP of Support Services 1150 WEST CENTURY AVENUE, BISMARCK ND 58503
John F. Quade officer: VP of Business Development 1150 WEST CENTURY AVENUE, BISMARCK ND 58503
Marney L. Kadrmas officer: Chief Accounting Officer 1150 WEST CENTURY AVENUE, BISMARCK ND 58503
Patricia L Moss director 1100 N.W. WALL STREET, P.O. BOX 369, BEND OR 97701
Jason L Vollmer director 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
David L Goodin director, officer: Chair of the Board 400 NORTH FOURTH STREET, BISMARCK ND 58501
Nathan W Ring officer: Vice President & CFO 1150 WEST CENTURY AVENUE, BISMARCK ND 58503
Karl A Liepitz director, officer: General Counsel & Secretary 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Brian R. Gray director, officer: President & CEO 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Mdu Resources Group Inc 10 percent owner 1200 WEST CENTURY AVENUE, BISMARCK ND 58503