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Newpark Resources (Newpark Resources) EBIT : $35.4 Mil (TTM As of Mar. 2024)


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What is Newpark Resources EBIT?

Newpark Resources's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $11.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $35.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Newpark Resources's annualized ROC % for the quarter that ended in Mar. 2024 was 6.97%. Newpark Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Newpark Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.55%.


Newpark Resources EBIT Historical Data

The historical data trend for Newpark Resources'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.

Newpark Resources EBIT Chart

Newpark Resources 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 11.21 -81.59 -9.43 -9.42 33.36

Newpark Resources 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 9.82 5.98 13.69 3.87 11.89

Competitive Comparison of Newpark Resources's EBIT

For the Oil & Gas Equipment & Services subindustry, Newpark Resources'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.


Newpark Resources's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Newpark Resources's EV-to-EBIT distribution charts can be found below:

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



Newpark Resources 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 $35.4 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.


Newpark Resources  (NYSE:NR) EBIT Explanation

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

Newpark Resources'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 )
=47.436 * ( 1 - 28.08% )/( (484.374 + 494.972)/ 2 )
=34.1159712/489.673
=6.97 %

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))
=642.336 - 119.368 - ( 38.594 - max(0, 136.284 - 357.224+38.594))
=484.374

Invested Capital(Q: Mar. 2024 )
=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))
=640.829 - 108.162 - ( 37.695 - max(0, 124.595 - 347.918+37.695))
=494.972

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

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

Newpark Resources'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 )
=47.56/( ( (216.02 + max(190.346, 0)) + (224.072 + max(192.447, 0)) )/ 2 )
=47.56/( ( 406.366 + 416.519 )/ 2 )
=47.56/411.4425
=11.56 %

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)
=(159.541 + 141.079 + 9.094) - (119.368 + 0 + 0)
=190.346

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(160.109 + 131.599 + 8.901) - (108.162 + 0 + 0)
=192.447

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:

Newpark Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=35.429/778.880
=4.55 %

* 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.


Newpark Resources EBIT Related Terms

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Newpark Resources (Newpark Resources) Business Description

Traded in Other Exchanges
Address
9320 Lakeside Boulevard, Suite 100, The Woodlands, TX, USA, 77381
Newpark Resources Inc is a diversified supplier providing environmentally-sensitive products, as well as rentals and services to customers across multiple industries. The company has two operating segments: Industrial Solutions segment provides temporary worksite access solutions, including the rental of recyclable composite matting systems, along with related site construction and services to customers in various markets including power transmission, oil and natural gas exploration and production, pipeline, renewable energy, petrochemical, construction, and other industries and Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers for oil, natural gas, and geothermal projects.
Executives
Claudia Michel Meer director 5425 WICKFORD DRIVE, NORTH BETHESDA MD 20852
Mary Celeste Fruge officer: VP, General Counsel 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
John C Minge director 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Michael A Lewis director 77 BEALE ST, P.O. BOX 770000, SAN FRANCISCO CA 94177
Donald Win Young director 3311 DEL MONTE DRIVE, HOUSTON TX 77019
Gregg Piontek officer: VP, Controller, PAO 2700 RESEARCH FOREST DRIVE, SUITE 100, THE WOODLANDS TX 77381
Edward Chipman Earle officer: VP and Special Advisor to CEO 2103 CITY WEST BLVD., 4TH FLOOR, HOUSTON TX 77042
Matthew Lanigan officer: VP and Pres of NMIS 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Lori Briggs officer: VP & President, Industrial 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Paul L Howes director, officer: President and CEO 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Douglas L White officer: Controller, CAO, PAO 2700 RESEARCH FOREST DRIVE, SUITE 100, THE WOODLANDS TX 77381
David A Paterson officer: VP & President, Fluid Systems 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Bruce Campbell Smith officer: VP & Pres, Drilling Fluids 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
David C Anderson director 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Mark J Airola officer: Vice President, General Counse 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381