Atlas Energy Solutions (Atlas Energy Solutions) EBIT : $231.2 Mil (TTM As of Mar. 2024)

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What is Atlas Energy Solutions EBIT?

Atlas Energy Solutions's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $39.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $231.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Atlas Energy Solutions's annualized ROC % for the quarter that ended in Mar. 2024 was 9.51%. Atlas Energy Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Atlas Energy Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.58%.

Atlas Energy Solutions EBIT Historical Data

The historical data trend for Atlas Energy Solutions'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.

Atlas Energy Solutions EBIT Chart

Atlas Energy Solutions Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

EBIT

-1.25

47.29

234.62

265.56

Atlas Energy Solutions Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial							74.02	76.79	65.46	49.29	39.70

Competitive Comparison of Atlas Energy Solutions's EBIT

For the Oil & Gas Equipment & Services subindustry, Atlas Energy Solutions'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.

Atlas Energy Solutions's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Atlas Energy Solutions's EV-to-EBIT falls into.

Atlas Energy Solutions 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 $231.2 Mil.

Atlas Energy Solutions (NYSE:AESI) EBIT Explanation

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

Atlas Energy Solutions'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 )
=	158.708 * ( 1 - 22.85% )	/	( (966.265	+	1608.828)	/ 2 )
=	122.443222	/	1287.5465
=	9.51 %

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	))
=	1261.686	-	85.247	-	( 210.174	-	max(0, 92.592	-	318.686	+	210.174	))
=	966.265

	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	))
=	1941.684	-	145.736	-	( 187.12	-	max(0, 190.125	-	425.497	+	187.12	))
=	1608.828

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

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

Atlas Energy Solutions'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 )
=	158.8	/	( ( (938.811 + max(15.92, 0))	+	(1308.868 + max(72.381, 0)) )	/	2 )
=	158.8	/	( ( 954.731	+	1381.249 )	/	2 )
=	158.8	/	1167.99
=	13.60 %

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)
=	(71.17	+	21.857	+	15.485)	-	(85.247	+	0	+	7.345)
=	15.92

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(185.758	+	34.891	+	17.728)	-	(145.736	+	0	+	20.26)
=	72.381

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:

Atlas Energy Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	231.236	/	2694.412
	=	8.58 %

Atlas Energy Solutions EBIT Related Terms

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Atlas Energy Solutions (Atlas Energy Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Atlas Energy Solutions Inc (NYSE:AESI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

5918 West Courtyard Drive, Suite 500, Austin, TX, USA, 78730

Website

https://www.atlas.energy

Atlas Energy Solutions Inc is a provider of proppant and logistics services to the oil and natural gas industry within the Permian Basin of West Texas and New Mexico, the most active oil and natural gas basin in North America.

Executives

Richard W Schmidt	other: Member of 10% Owner Group.	5410 BEE CAVE ROAD, AUSTIN TX 78746
Brian Anthony Leveille	other: Member of 10% Owner Group	5918 W COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Gregory M Shepard	director, other: Member of 10% Owner Group	7028 PORTMARNOCK PLACE, LAKEWOOD RANCH FL 34202
Chad M. Mcever	other: Member of 10% Owner Group	THREE RIVERWAY, SUITE 1350, HOUSTON TX 77056
Kirk Edwards Ginn	other: Member of 10% Owner Group	5918 W COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Joel Hock	other: Member of 10% Owner Group"	3331 WESTLAKE DRIVE, AUSTIN TX 78746
Camcole Consultants, Llc	other: Member of 10% Owner Group	2203 GULF AVENUE, MIDLAND TX 79705
Sealy & Smith Foundation	10 percent owner	2200 MARKET STREET, SUITE 500, GALVESTON TX 77550
Ben M Brigham	director, 10 percent owner, officer: See Remarks	6300 BRIDGE POINT PKWY, BLDG 2 STE 500, AUSTIN TX 78730
Douglas G Rogers	director	2200 MARKET STREET, SUITE 500, GALVESTON TX 77550
Jeffrey L Allison	officer: EVP, Sales & Marketing	5918 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Atlas Sand Management Co Ii, Llc	10 percent owner	5918 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
John Gregory Turner	officer: See Remarks	5918 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Dathan C Voelter	officer: General Counsel and Secretary	5918 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Atlas Sand Holdings, Llc	10 percent owner	5914 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730