Mobile Mini (Mobile Mini) EBIT : $142.3 Mil (TTM As of Mar. 2020)

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What is Mobile Mini EBIT?

Mobile Mini's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2020 was $24.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2020 was $142.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mobile Mini's annualized ROC % for the quarter that ended in Mar. 2020 was 2.70%. Mobile Mini's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2020 was 7.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mobile Mini's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2020 was 10.88%.

Mobile Mini EBIT Historical Data

The historical data trend for Mobile Mini'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.

Mobile Mini EBIT Chart

Mobile Mini Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

EBIT

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36.65

101.62

109.85

35.59

153.46

Mobile Mini Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
EBIT	Get a 7-Day Free Trial															35.37	31.10	39.79	47.20	24.20

Competitive Comparison of Mobile Mini's EBIT

For the Rental & Leasing Services subindustry, Mobile Mini'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.

Mobile Mini's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mobile Mini's EV-to-EBIT distribution charts can be found below:

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

Mobile Mini 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $142.3 Mil.

Mobile Mini (NAS:MINI) EBIT Explanation

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

Mobile Mini's annualized ROC % for the quarter that ended in Mar. 2020 is calculated as:

	ROC % (Q: Mar. 2020 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2019 )	+	Invested Capital (Q: Mar. 2020 ))	/ count )
=	96.752 * ( 1 - 44.44% )	/	( (2000.201	+	1985.752)	/ 2 )
=	53.7554112	/	1992.9765
=	2.70 %

where

	Invested Capital		(Q: Dec. 2019 )
=	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	))
=	2116.877	-	108.623	-	( 8.053	-	max(0, 108.623	-	121.96	+	8.053	))
=	2000.201

	Invested Capital		(Q: Mar. 2020 )
=	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	))
=	2100.251	-	103.704	-	( 10.795	-	max(0, 103.704	-	119.594	+	10.795	))
=	1985.752

Note: The Operating Income data used here is four times the quarterly (Mar. 2020) data.

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

Mobile Mini's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2020 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2020 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2019		Q: Mar. 2020
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	96.788	/	( ( (1216.522 + max(5.284, 0))	+	(1205.522 + max(5.095, 0)) )	/	2 )
=	96.788	/	( ( 1221.806	+	1210.617 )	/	2 )
=	96.788	/	1216.2115
=	7.96 %

where Working Capital is:

	Working Capital		(Q: Dec. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(104.39	+	9.517	+	0)	-	(108.623	+	0	+	0)
=	5.284

	Working Capital		(Q: Mar. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(99.259	+	9.54	+	-1.4210854715202E-14)	-	(103.704	+	0	+	0)
=	5.095

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2020) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2020 )
	=	142.286	/	1308.250
	=	10.88 %

Mobile Mini EBIT Related Terms

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Mobile Mini (Mobile Mini) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mobile Mini Inc (NAS:MINI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

4646 East Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008

Website

https://www.mobilemini.com

Mobile Mini Inc manufactures, rents, and sells portable storage containers. It generates the vast majority of its revenue from the rental of storage containers. The company's products are organized into two primary categories. Portable storage containers are dropped off at a customers' location by Mobile Mini and used by businesses in the retail, manufacturing, and construction industries. Tank and Pump Solutions consists of liquid and solid containers, as well as pumps and filtration equipment used by companies in the chemicals manufacturing, refining, mining, and the oil and gas industries. The company organizes itself into three segments based on geography: North America, United Kingdom, and Tank and Pump Solutions. The majority of revenue comes from the North America segment.

Executives

Kelly M Williams	officer: President & C.E.O.	7420 S. KYRENE ROAD, SUITE 101, TEMPE AZ 85283
Michael W Upchurch	director	KANSAS CITY SOUTHERN, PO BOX 219335, KANSAS CITY MO 64121
Jeffrey S Goble	director	10617 NORTH HAYDEN ROAD SUITE 100, SCOTTSDALE AZ 85260
Christopher J Miner	officer: Senior VP & General Counsel	7420 SOUTH KYRENE ROAD SUITE 101, TEMPE AZ 85253
Erik Olsson	director	C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Kimberly J Mcwaters	director	20410 NORTH 19TH AVENUE, PHOENIX AZ 85027
Mark W Krivoruchka	officer: S.V.P. and Chief H.R. Officer	RSC HOLDINGS INC. 6929 EAST GREENWAY PARKWAY, SUITE 200 SCOTTSDALE AZ 85254
James J Martell	director	314 RINGLING POINT DRIVE, SARASOTA FL 34234
Sara R. Dial	director	3300 W. CAMELBACK ROAD, SCOTTSDALE AZ 85017
Stephen A Mcconnell	director	6700 EAST SOLANO DRIVE, PARADISE VALLEY AZ 85253
Sanjay Swani	director	320 PARK AVENUE STE 2500, NEW YORK NY 10022
Philip Hobson	officer: Executive V.P., Operations	C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Thomas Scully	10 percent owner	320 PARK AVENUE, SUITE # 2500, NEW YORK NM 10022
Wcas Management Corp	10 percent owner	599 LEXINGTON AVENUE, SUITE 1800, NEW YORK NY 10022
Anthony F Ecock	10 percent owner	C/O ICAD INC, 98 SPIT BROOK ROAD SUITE 100, NASHUA NH 03062