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Sprout Social (Sprout Social) EBIT : $-65.6 Mil (TTM As of Mar. 2024)


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What is Sprout Social EBIT?

Sprout Social's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-12.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-65.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sprout Social's annualized ROC % for the quarter that ended in Mar. 2024 was -14.88%. Sprout Social's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -252.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sprout Social's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -3.42%.


Sprout Social EBIT Historical Data

The historical data trend for Sprout Social'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.

Sprout Social EBIT Chart

Sprout Social Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -46.47 -31.16 -28.19 -49.72 -63.02

Sprout Social Quarterly Data
Jun19 Sep19 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 Premium Member Only -10.12 -12.93 -22.85 -17.13 -12.66

Competitive Comparison of Sprout Social's EBIT

For the Software - Application subindustry, Sprout Social'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.


Sprout Social's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Sprout Social's EV-to-EBIT distribution charts can be found below:

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



Sprout Social 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 $-65.6 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.


Sprout Social  (NAS:SPT) EBIT Explanation

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

Sprout Social'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 )
=-53.148 * ( 1 - 0.94% )/( (345.126 + 362.522)/ 2 )
=-52.6484088/353.824
=-14.88 %

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))
=396.585 - 36.555 - ( 94.405 - max(0, 181.039 - 195.943+94.405))
=345.126

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

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

Sprout Social'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 )
=-50.632/( ( (20.136 + max(-75.553, 0)) + (19.902 + max(-94.899, 0)) )/ 2 )
=-50.632/( ( 20.136 + 19.902 )/ 2 )
=-50.632/20.019
=-252.92 %

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)
=(63.489 + 0 + 38.049) - (36.555 + 140.536 + 0)
=-75.553

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(50.417 + 0 + 33.12) - (32.078 + 146.358 + 0)
=-94.899

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-65.56/1916.015
=-3.42 %

* 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.


Sprout Social EBIT Related Terms

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Sprout Social (Sprout Social) Business Description

Traded in Other Exchanges
Address
131 South Dearborn Street, Suite 700, Chicago, IL, USA, 60603
Sprout Social Inc develops a cloud software that brings together social messaging, data and workflows in a unified system of record, intelligence, and action. The firm generates majority revenue from software subscriptions.
Executives
Justyn Russell Howard director, 10 percent owner, officer: Chairman and CEO C/O SPROUT SOCIAL, INC., 131 SOUTH DEARBORN STREET, SUITE 700, CHICAGO IL 60603
Ryan Paul Barretto officer: President C/O SPROUT SOCIAL, INC., 131 SOUTH DEARBORN AVENUE, SUITE 700, CHICAGO IL 60603
Rankin Aaron Edward Frederick director, 10 percent owner, officer: Chief Technology Officer C/O SPROUT SOCIAL, INC., 131 SOUTH DEARBORN STREET, SUITE 700, CHICAGO IL 60603
Preto Joseph Del officer: CFO and Treasurer 600 WEST CHICAGO AVENUE, SUITE 850, CHICAGO IL 60610
Karen Walker director 170 WEST TASMAN DRIVE, SAN JOSE CA 95134
Raina Moskowitz director 117 ADAMS STREET, C/O ETSY,INC., BROOKLYN NY 11201
William Thomas Stanley director 131 S DEARBORN ST, STE 700, CHICAGO IL 60603
Steven A Collins director 20 N. MERIDIAN STREET, SUITE 200, INDIANAPOLIS IN 46204
Jamie Cannon Gilpin officer: Chief Marketing Officer C/O SPROUT SOCIAL, INC., 131 SOUTH DEARBORN STREET, SUITE 700, CHICAGO IL 60603
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Jason Kreuziger director C/O SPROUT SOCIAL, INC., 131 SOUTH DEARBORN STREET, SUITE 700, CHICAGO IL 60603
Gs Fund Holdings, L.l.c. 10 percent owner 200 WEST STREET, NEW YORK NY 10282
New Enterprise Associates 13 Lp 10 percent owner 1119 ST PAUL STREET, BALTIMORE MD 21202
Mbd Advisors, L.l.c. 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Bridge Street Opportunity Advisors, L.l.c. 10 percent owner 200 WEST STREET, NEW YORK NY 10282