GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Cirrus Logic Inc (NAS:CRUS) » Definitions » EBITDA

Cirrus Logic (Cirrus Logic) EBITDA : $394 Mil (TTM As of Mar. 2024)


View and export this data going back to 1989. Start your Free Trial

What is Cirrus Logic EBITDA?

Cirrus Logic's EBITDA for the three months ended in Mar. 2024 was $52 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $394 Mil.

During the past 12 months, the average EBITDA Growth Rate of Cirrus Logic was 9.40% per year. During the past 3 years, the average EBITDA Growth Rate was 6.80% per year. During the past 5 years, the average EBITDA Growth Rate was 14.60% per year. During the past 10 years, the average EBITDA Growth Rate was 7.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 13 years, the highest 3-Year average EBITDA Growth Rate of Cirrus Logic was 142.70% per year. The lowest was -42.40% per year. And the median was 13.80% per year.

Cirrus Logic's EBITDA per Share for the three months ended in Mar. 2024 was $0.94. Its EBITDA per share for the trailing twelve months (TTM) ended in Mar. 2024 was $7.04.

During the past 12 months, the average EBITDA per Share Growth Rate of Cirrus Logic was 11.70% per year. During the past 3 years, the average EBITDA per Share Growth Rate was 9.30% per year. During the past 5 years, the average EBITDA per Share Growth Rate was 16.70% per year. During the past 10 years, the average EBITDA per Share Growth Rate was 9.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.

During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of Cirrus Logic was 158.80% per year. The lowest was -41.50% per year. And the median was 11.20% per year.


Cirrus Logic EBITDA Historical Data

The historical data trend for Cirrus Logic's EBITDA 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.

Cirrus Logic EBITDA Chart

Cirrus Logic Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 250.56 293.39 431.67 326.84 357.43

Cirrus Logic Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBITDA 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 -39.52 34.93 121.26 185.07 52.38

Competitive Comparison of Cirrus Logic's EBITDA

For the Semiconductors subindustry, Cirrus Logic's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Cirrus Logic's EV-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Cirrus Logic's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Cirrus Logic's EV-to-EBITDA falls into.


Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Cirrus Logic's EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Cirrus Logic's EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Mar. 2024, Cirrus Logic's EBITDA was $357 Mil.

Cirrus Logic's EBITDA for the quarter that ended in Mar. 2024 is calculated as

Cirrus Logic's EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Mar. 2024, Cirrus Logic's EBITDA was $52 Mil.

EBITDA 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 $394 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.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

Cirrus Logic  (NAS:CRUS) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


Cirrus Logic EBITDA Related Terms

Thank you for viewing the detailed overview of Cirrus Logic's EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Cirrus Logic (Cirrus Logic) Business Description

Traded in Other Exchanges
Address
800 West 6th Street, Austin, TX, USA, 78701
Cirrus Logic Inc is a provider of integrated circuits for audio and voice signal processing applications. The firm's products are organized into two streams: portable audio products, and non-portable audio and other products. These products include analog and mixed-signal components targeting mobile devices, smart homes, and applications in the automotive, energy, and industrial markets. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, Europe, South Korea, and countries across the world.
Executives
Andrew Brannan officer: VP, Worldwide Sales WESTFIELD HOUSE, 26 WESTFIELD ROAD, EDINBURGH X0 EH11 2QB
Le Duy Loan T director C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG B, AUSTIN TX 78759
Scott Thomas officer: VP General Counsel C/O CIRRUS LOGIC INC, 800 WEST 6TH STREET, AUSTIN TX 78701
Alexander M Davern director C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG C, AUSTIN TX 78759
Scott Arnold Anderson officer: SVP & GM Mixed Signal Audio 1303 E ALGONQUIN RD, SCHAUMBURG IL 60196
Carl Jackson Alberty officer: VP of MSP 800 W. 6TH STREET, AUSTIN TX 78701
Justin E Dougherty officer: VP, Engineering Operation 800 W. 6TH STREET, AUSTIN TX 78701
Timothy R Dehne director C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG B, AUSTIN TX 78759
Venkatesh Nathamuni officer: Chief Financial Officer 800 W. 6TH STREET, AUSTIN TX 78701
Denise Grode officer: Chief Human Resources Officer 800 W. 6TH STREET, AUSTIN TX 78701
Jeffrey W Baumgartner officer: VP, R&D 800 W. 6TH STREET, AUSTIN TX 78701
Allan Hughes officer: VP, Cirrus Logic Internat WESTFIELD HOUSE, 26 WESTFIELD ROAD, EDINBURGH X0 EH11 2QB
Thurman K Case officer: VP and CFO C/O CIRRUS LOGIC INC, 800 W. 6TH STREET, AUSTIN TX 78701
John Forsyth director, officer: CEO 800 W. 6TH STREET, AUSTIN TX 78701
Muhammad Raghib Hussain director 5488 MARVELL LANE, SANTA CLARA CA 95054

Cirrus Logic (Cirrus Logic) Headlines

From GuruFocus

Cirrus Logic Announces CFO Retirement

By Business Wire Business Wire 11-01-2021

Cirrus Logic to Report Third Quarter Fiscal 2023 Results

By Business Wire Business Wire 01-18-2023

Cirrus Logic Nominates Duy-Loan T. Le for Election to Board of Directors

By Business Wire Business Wire 05-24-2023

Cirrus Logic to Present at Barclays TMT Conference

By Business Wire Business Wire 11-29-2022

Cirrus Logic to Present at Upcoming Conference

By Business Wire 11-27-2023

Denise Grod� Joins Cirrus Logic as Chief Human Resources Officer

By Business Wire Business Wire 03-28-2022

Cirrus Logic to Present at Upcoming Conference

By Business Wire Business Wire 02-24-2022

Cirrus Logic Inc (CRUS) VP & CFO Thurman K Case Sold $510,000 of Shares

By GuruFocus Research GuruFocus Editor 12-09-2021