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Chatham Lodging Trust (Chatham Lodging Trust) EBIT : $28.8 Mil (TTM As of Mar. 2024)


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What is Chatham Lodging Trust EBIT?

Chatham Lodging Trust's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $1.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $28.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chatham Lodging Trust's annualized ROC % for the quarter that ended in Mar. 2024 was 0.36%. Chatham Lodging Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 33.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chatham Lodging Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.39%.


Chatham Lodging Trust EBIT Historical Data

The historical data trend for Chatham Lodging Trust'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.

Chatham Lodging Trust EBIT Chart

Chatham Lodging Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.13 -50.04 4.24 35.67 28.41

Chatham Lodging Trust 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 1.10 15.52 14.04 -2.25 1.51

Competitive Comparison of Chatham Lodging Trust's EBIT

For the REIT - Hotel & Motel subindustry, Chatham Lodging Trust'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.


Chatham Lodging Trust's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Chatham Lodging Trust's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Chatham Lodging Trust's EV-to-EBIT falls into.



Chatham Lodging Trust 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 $28.8 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.


Chatham Lodging Trust  (NYSE:CLDT) EBIT Explanation

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

Chatham Lodging Trust'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 )
=4.516 * ( 1 - 0% )/( (1253.806 + 1237.726)/ 2 )
=4.516/1245.766
=0.36 %

where

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

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

Chatham Lodging Trust'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 )
=6.048/( ( (18.141 + max(-12.675, 0)) + (17.996 + max(-11.728, 0)) )/ 2 )
=6.048/( ( 18.141 + 17.996 )/ 2 )
=6.048/18.0685
=33.47 %

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)
=(4.375 + 0 + 17.619) - (34.669 + 0 + 0)
=-12.675

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.748 + 0 + 19.24) - (34.716 + 0 + 0)
=-11.728

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:

Chatham Lodging Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=28.821/850.213
=3.39 %

* 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.


Chatham Lodging Trust EBIT Related Terms

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Chatham Lodging Trust (Chatham Lodging Trust) Business Description

Traded in Other Exchanges
N/A
Address
222 Lakeview Avenue, Suite 200, West Palm Beach, FL, USA, 33401
Chatham Lodging Trust is a U.S.-based real estate investment trust that invests in upscale extended-stay hotels. The firm operates across various states in the U.S., including California, New York, Texas, Florida, Minnesota, Massachusetts, and Pennsylvania among others. Substantially all of the company's assets are held and operated by its Operating Partnership, Chatham Lodging, LP. Chatham Lodging LP and its subsidiaries lease the overall company's hotels. The firm operates through a single segment because of the similar economic characteristics of its hotels. Chatham's revenue streams include Room, Food and beverage, and Other. Room comprises the majority of total revenue. Chatham's hotels operate under major brands, including Hilton, Marriott, and Hyatt.
Executives
Ethel Issacs Williams director 222 LAKEVIEW AVE, SUITE 200, WEST PALM BEACH FL 33401
Dennis M Craven officer: EVP & Chief Financial Officer 850 RIDGE LAKE BLVD, STE 300, MEMPHIS TN 38120
Jeffrey H Fisher director, officer: Chairman, President and CEO 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
David Grissen director 10400 FERNWOOD ROAD, BETHESDA MD 20817
Robert D Perlmutter director THE MACERICH COMPANY, 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
C Gerald Goldsmith director 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Mary Elizabeth Higgins director 3525 E. POST ROAD #120, LAS VEGAS NV 89120
Peter Willis officer: EVP & Chief Investment Officer 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Brewer Edwin B Jr director C/O EDUCATION REALTY TRUST, INC., 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Jeremy Bruce Wegner officer: Chief Financial Officer 8000 PORTOFINO CIRCLE, APARTMENT 101, PALM BEACH GARDENS FL 33418
Chatham Lodging Trust officer: Chief Financial Officer 222 LAKEVIEW AVENUE, SUITE 200, WEST PALM BEACH FL 33401
Joel F Zemans director 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Miles L Berger director
Julio E Morales officer: EVP, Chief Financial Officer 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Thomas J Crocker director 433 PLAZA REAL STE 335, BOCA RATON FL 33432

Chatham Lodging Trust (Chatham Lodging Trust) Headlines

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