Macquarie Infrastructure Holdings LLC (Macquarie Infrastructure Holdings LLC) EBIT : $-234.4 Mil (TTM As of Mar. 2022)

View and export this data going back to 2004. Start your Free Trial

What is Macquarie Infrastructure Holdings LLC EBIT?

Macquarie Infrastructure Holdings LLC's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2022 was $16.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2022 was $-234.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Macquarie Infrastructure Holdings LLC's annualized ROC % for the quarter that ended in Mar. 2022 was 9.37%. Macquarie Infrastructure Holdings LLC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was 19.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Macquarie Infrastructure Holdings LLC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was -53.63%.

Macquarie Infrastructure Holdings LLC EBIT Historical Data

The historical data trend for Macquarie Infrastructure Holdings LLC'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.

Macquarie Infrastructure Holdings LLC EBIT Chart

Macquarie Infrastructure Holdings LLC Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

EBIT

Get a 7-Day Free Trial

291.00

88.00

-15.16

-72.28

-293.41

Macquarie Infrastructure Holdings LLC Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
EBIT	Get a 7-Day Free Trial															-1.40	35.95	-282.15	-4.36	16.14

Competitive Comparison of Macquarie Infrastructure Holdings LLC's EBIT

For the Utilities - Regulated Gas subindustry, Macquarie Infrastructure Holdings LLC'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.

Macquarie Infrastructure Holdings LLC's EV-to-EBIT Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Macquarie Infrastructure Holdings LLC's EV-to-EBIT falls into.

Macquarie Infrastructure Holdings LLC 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-234.4 Mil.

Macquarie Infrastructure Holdings LLC (NYSE:MIC) EBIT Explanation

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

Macquarie Infrastructure Holdings LLC's annualized ROC % for the quarter that ended in Mar. 2022 is calculated as:

	ROC % (Q: Mar. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2021 )	+	Invested Capital (Q: Mar. 2022 ))	/ count )
=	62.86 * ( 1 - 28.92% )	/	( (464.314	+	489.093)	/ 2 )
=	44.680888	/	476.7035
=	9.37 %

where

	Invested Capital		(Q: Dec. 2021 )
=	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	))
=	536.451	-	24.878	-	( 47.259	-	max(0, 33.002	-	92.769	+	47.259	))
=	464.314

	Invested Capital		(Q: Mar. 2022 )
=	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	))
=	547.646	-	20.964	-	( 37.589	-	max(0, 30.702	-	99.593	+	37.589	))
=	489.093

Note: The Operating Income data used here is four times the quarterly (Mar. 2022) data.

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

Macquarie Infrastructure Holdings LLC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2021		Q: Mar. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	64.56	/	( ( (309.781 + max(15.409, 0))	+	(310.932 + max(34.22, 0)) )	/	2 )
=	64.56	/	( ( 325.19	+	345.152 )	/	2 )
=	64.56	/	335.171
=	19.26 %

where Working Capital is:

	Working Capital		(Q: Dec. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(27.824	+	11.7	+	5.986)	-	(24.878	+	0	+	5.223)
=	15.409

	Working Capital		(Q: Mar. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(27.422	+	12.175	+	22.407)	-	(20.964	+	0	+	6.82)
=	34.22

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2022) EBIT data.

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

Macquarie Infrastructure Holdings LLC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2022 )
	=	-234.418	/	437.087
	=	-53.63 %

Macquarie Infrastructure Holdings LLC EBIT Related Terms

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

Macquarie Infrastructure Holdings LLC (Macquarie Infrastructure Holdings LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Macquarie Infrastructure Holdings LLC (NYSE:MIC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

125 West 55th Street, New York, NY, USA, 10019

Website

https://www.micinc.com

Macquarie Infrastructure Holdings LLC is a diversified business company. The company's business comprises (i) Hawaii Gas, Hawaii's only government-franchised gas utility and an unregulated LPG distribution business providing gas and related services to industrial, commercial, residential, and governmental customers; (ii) controlling interests in two solar facilities on Oahu; and (iii) smaller projects collectively engaged in efforts to reduce the cost and improve the reliability and sustainability of energy in Hawaii. The company serves corporations, government agencies, and individual customers primarily in the United States.

Executives

Christopher Frost	director, officer: Chief Executive Officer	C/O MACQUARIE INFRASTRUCTURE CORPORATION 125 WEST 55TH STREET NEW YORK NY 10019
Nick O'neil	officer: Chief Financial Officer	C/O MACQUARIE INFRASTRUCTURE CORPORATION 125 WEST 55TH STREET NEW YORK NY 10019
Michael Kernan	officer: General Counsel and Secretary	125 W 55TH STREET NEW YORK NY 10019
Jay Davis	officer: Vice President	125 W. 55TH STREET LEVEL 15 NEW YORK NY 10019
Martin Stanley	director	C/O MACQUARIE INFRASTRUCTURE COMPANY LLC 125 WEST 55TH STREET NEW YORK NY 10019
Ronald Kirk	director	TEXAS INSTRUMENTS INCORPORATED, 12500 TI BOULEVARD MS 3999, DALLAS TX 75243
Maria S. Dreyfus	director	125 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019
Ouma Sananikone	director	C/O MACQUARIE INFRASTRUCTURE COMPANY LLC, 125 WEST 55TH STREET, NEW YORK NY 10019
Henry E Lentz	director	ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
Amanda M Brock	director	840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Brown Norman H Jr	director	C/O MACQUARIE INFRASTRUCTURE COMPANY LLC 125 WEST 55TH STREET NEW YORK NY 10019
Mihi Llc	director, 10 percent owner	125 WEST 55TH STREET, NEW YORK NY 10019
Macquarie Infrastructure Management (usa) Inc	director, 10 percent owner	125 WEST 55TH STREET, 15TH FLOOR NEW YORK NY 10019
Macquarie Group Ltd	10 percent owner	50 MARTIN PLACE, SYDNEY, NSW 2000 C3 2000
Carmany George W Iii	other: Former Director	C/O MACQUARIE INFRASTRUCTURE COMPANY LLC 600 FIFTH AVENUE, 21ST FLOOR NEW YORK NY 10020