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OAKPA.PFD (Brookfield Oaktree Holdings LLC) EBIT : $615.67 Mil (TTM As of Sep. 2019)


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What is Brookfield Oaktree Holdings LLC EBIT?

Brookfield Oaktree Holdings LLC's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2019 was $43.78 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2019 was $615.67 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Brookfield Oaktree Holdings LLC's annualized ROC % for the quarter that ended in Sep. 2019 was -2.09%. Brookfield Oaktree Holdings LLC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 was 111.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Brookfield Oaktree Holdings LLC EBIT Historical Data

The historical data trend for Brookfield Oaktree Holdings LLC'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.

Brookfield Oaktree Holdings LLC EBIT Chart

Brookfield Oaktree Holdings LLC Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,324.03 -1,298.61 729.23 1,074.81 649.44

Brookfield Oaktree Holdings LLC Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 189.12 169.85 234.66 167.38 43.78

Competitive Comparison of Brookfield Oaktree Holdings LLC's EBIT

For the Asset Management subindustry, Brookfield Oaktree Holdings LLC'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.


Brookfield Oaktree Holdings LLC's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brookfield Oaktree Holdings LLC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Brookfield Oaktree Holdings LLC's EV-to-EBIT falls into.



Brookfield Oaktree Holdings LLC 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 Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $615.67 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.


Brookfield Oaktree Holdings LLC  (NYSE:OAKpA.PFD) EBIT Explanation

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

Brookfield Oaktree Holdings LLC's annualized ROC % for the quarter that ended in Sep. 2019 is calculated as:

ROC % (Q: Sep. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2019 ) + Invested Capital (Q: Sep. 2019 ))/ count )
=-161.16 * ( 1 - -29.8% )/( (9244.658 + 10730.861)/ 2 )
=-209.18568/9987.7595
=-2.09 %

where

Invested Capital(Q: Jun. 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))
=10679.021 - 775.517 - ( 1490.085 - max(0, 1059.029 - 1717.875+1490.085))
=9244.658

Invested Capital(Q: Sep. 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))
=11739.195 - 880.176 - ( 996.023 - max(0, 1125.354 - 1253.512+996.023))
=10730.861

Note: The Operating Income data used here is four times the quarterly (Sep. 2019) data.

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

Brookfield Oaktree Holdings LLC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2019  Q: Sep. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=175.132/( ( (105.767 + max(-831.239, 0)) + (207.078 + max(-874.281, 0)) )/ 2 )
=175.132/( ( 105.767 + 207.078 )/ 2 )
=175.132/156.4225
=111.96 %

where Working Capital is:

Working Capital(Q: Jun. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 227.79) - (775.517 + 0 + 283.512)
=-831.239

Working Capital(Q: Sep. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(76.106 + 0 + 174.967) - (880.176 + 0 + 245.178)
=-874.281

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2019) EBIT data.

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

Brookfield Oaktree Holdings LLC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2019 )
=615.671/0.000
= %

* 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.


Brookfield Oaktree Holdings LLC EBIT Related Terms

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Brookfield Oaktree Holdings LLC Business Description

Traded in Other Exchanges
Address
333 South Grand Avenue, 28th Floor, Los Angeles, CA, USA, 90071
Brookfield Oaktree Holdings LLC formerly Oaktree Capital Group LLC is an alternative asset manager involved in investing in credit, real assets, private equity, and listed equities. It operates into one segment namely the Investment management business which consists of the services that it provides to clients. It operates in the United States where it generates the majority of its revenue.