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SBAGY (STRABAG SE) EBIT : $1,085 Mil (TTM As of Jun. 2024)


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What is STRABAG SE EBIT?

STRABAG SE's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was $172 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $1,085 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. STRABAG SE's annualized ROC % for the quarter that ended in Jun. 2024 was 0.16%. STRABAG SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 11.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. STRABAG SE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 6.47%.


STRABAG SE EBIT Historical Data

The historical data trend for STRABAG SE'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.

STRABAG SE EBIT Chart

STRABAG SE 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 691.00 782.50 1,027.38 795.83 1,070.04

STRABAG SE Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 91.38 704.26 156.06 912.96 172.31

Competitive Comparison of STRABAG SE's EBIT

For the Engineering & Construction subindustry, STRABAG SE'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.


STRABAG SE's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, STRABAG SE's EV-to-EBIT distribution charts can be found below:

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



STRABAG SE 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,085 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.


STRABAG SE  (OTCPK:SBAGY) EBIT Explanation

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

STRABAG SE's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=23.16 * ( 1 - 30.64% )/( (10383.257 + 10230.201)/ 2 )
=16.063776/10306.729
=0.16 %

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))
=14946.788 - 3298.775 - ( 3852.734 - max(0, 7708.942 - 8973.698+3852.734))
=10383.257

Invested Capital(Q: Jun. 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))
=14603.817 - 3381.203 - ( 2927.184 - max(0, 7655.271 - 8647.684+2927.184))
=10230.201

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

STRABAG SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=344.614/( ( (3105.166 + max(-4222.424, 0)) + (3161.004 + max(-3568.182, 0)) )/ 2 )
=344.614/( ( 3105.166 + 3161.004 )/ 2 )
=344.614/3133.085
=11.00 %

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)
=(1488.893 + 1332.394 + 367.824) - (3298.775 + 0 + 4112.76)
=-4222.424

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1862.296 + 1578.504 + 345.379) - (3381.203 + 0 + 3973.158)
=-3568.182

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

STRABAG SE's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=1085.264/16766.106
=6.47 %

* 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.


STRABAG SE EBIT Related Terms

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STRABAG SE Business Description

Traded in Other Exchanges
Address
Triglavstrabe 9, Villach, AUT, 9500
STRABAG SE is a technology group for construction services. Its services contribute to multiple stages of the construction process, from planning to execution and demolition. The company coordinates people, materials, and machinery to complete construction projects in an efficient manner. Strabag has four operating segments: North and west; South and East; International and Special divisions; and Other. It builds large transportation infrastructure, plants, commercial and industrial facilities, and other large structures related to industrial development. Some projects are granted through concessions from regional governments. The company generates revenue in Europe, with Germany and Austria being important regions for the company.

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