EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ameriprise Financial's Enterprise Value is $39,447 Mil.
Ameriprise Financial's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $3,558 Mil. Therefore, Ameriprise Financial's EV-to-EBIT for today is 11.09.
The historical rank and industry rank for Ameriprise Financial's EV-to-EBIT or its related term are showing as below:
AMP'
s EV-to-EBIT Range Over the Past 10 Years
Min: 1.54 Med: 10.13 Max: 247.18
Current: 11.09
During the past 13 years, the highest EV-to-EBIT of Ameriprise Financial was 247.18. The lowest was 1.54. And the median was 10.13.
AMP's EV-to-EBIT is ranked worse than 55.11% of 499
companies
in the Asset Management industry
Industry Median: 9.68
vs AMP: 11.09
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ameriprise Financial's Enterprise Value for the quarter that ended in Dec. 2023 was $36,240 Mil.
Ameriprise Financial's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $3,558 Mil. Ameriprise Financial's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.82%.
Ameriprise Financial EV-to-EBIT Historical Data
The historical data trend for Ameriprise Financial's EV-to-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.
Ameriprise Financial Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
EV-to-EBIT
8.89
10.43
7.17
7.52
10.19
Ameriprise Financial Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
EV-to-EBIT
7.52
8.10
8.08
8.37
10.19
Competitive Comparison
For the Asset Management subindustry, Ameriprise Financial'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.
Ameriprise Financial EV-to-EBIT Distribution
For the Asset Management industry and Financial Services sector, Ameriprise Financial's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Ameriprise Financial's EV-to-EBIT falls into.
Ameriprise Financial EV-to-EBIT Calculation
Ameriprise Financial's EV-to-EBIT for today is calculated as:
Ameriprise Financial's current Enterprise Value is $39,447 Mil.
Ameriprise Financial's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,558 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.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Ameriprise Financial's Enterprise Value for the quarter that ended in Dec. 2023 was $36,240 Mil.
Ameriprise Financial's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,558 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.
Ameriprise Financial EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Ameriprise Financial's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Ameriprise Financial (Ameriprise Financial) Business Description
Ameriprise Financial has emerged is a major player in the U.S. market for asset and wealth management, with around $1.3 trillion in total assets under management and advisement at the end of the second quarter of 2023. Ameriprise has one of the largest branded advisor networks in the industry, and about 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of its proprietary fixed annuities in 2020. Around 90% of the company's pretax earnings are from the United States.
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