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Albertsons (Albertsons) EBIT : $2,081 Mil (TTM As of Feb. 2024)


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What is Albertsons EBIT?

Albertsons's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2024 was $424 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was $2,081 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Albertsons's annualized ROC % for the quarter that ended in Feb. 2024 was 6.20%. Albertsons's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 10.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Albertsons's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 8.15%.


Albertsons EBIT Historical Data

The historical data trend for Albertsons'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.

Albertsons EBIT Chart

Albertsons Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,278.40 1,662.60 2,561.10 2,391.80 2,081.40

Albertsons Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 494.80 638.20 446.30 572.80 424.10

Competitive Comparison of Albertsons's EBIT

For the Grocery Stores subindustry, Albertsons'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.


Albertsons's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Albertsons's EV-to-EBIT distribution charts can be found below:

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



Albertsons 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,081 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.


Albertsons  (NYSE:ACI) EBIT Explanation

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

Albertsons's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=1708 * ( 1 - 20.43% )/( (22296.4 + 21545.1)/ 2 )
=1359.0556/21920.75
=6.20 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1696.4/( ( (15343.4 + max(-6.3999999999996, 0)) + (15551.9 + max(-396.1, 0)) )/ 2 )
=1696.4/( ( 15343.4 + 15551.9 )/ 2 )
=1696.4/15447.65
=10.98 %

where Working Capital is:

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(828.4 + 5175.8 + 435) - (5395.7 + 0 + 1049.9)
=-6.3999999999996

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(724.4 + 4945.2 + 429.2) - (5846.2 + 0 + 648.7)
=-396.1

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=2081.4/25546.887
=8.15 %

* 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.


Albertsons EBIT Related Terms

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Albertsons (Albertsons) Business Description

Traded in Other Exchanges
Address
250 Parkcenter Boulevard, Boise, ID, USA, 83706
Albertsons is the second-largest conventional grocer in America, operating 2,271 stores under 24 banners in 34 states (as of the end of fiscal 2022). Around 75% of stores have pharmacies, while nearly 20% also sell fuel. Albertsons has a significant private-label operation, accounting for around 25% of sales (excluding fuel). While its own brand assortment is mainly manufactured by third parties, Albertsons operates 19 food production plants (as of the end of fiscal 2022). Albertsons is a top two grocer in two thirds of its major markets (as of early 2022, according to company data), and virtually all of its sales come from the United States. Narrow-moat Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.
Executives
Thomas M Moriarty officer: EVP General Counsel & CPO 100 PARSONS POND DRIVE, FRANKLIN LAKES NJ 07417
Robert Bruce Larson officer: Chief Accounting Officer 3103 S OLD HICKORY, BOISE ID 83712
Klaff Realty Lp 10 percent owner, other: See Remarks 180 N. MICHIGAN AVE, SUITE 300, CHICAGO IL 60601
Mohammad Omer Gajial officer: EVP, Pharmacy & Health 250 E. PARKCENTER BLVD., BOISE ID 83706
Jubilee Abs Holding Llc other: See Footnote (2) 4300 E. FIFTH AVE., COLUMBUS OH 43219
Kimco Realty Corp other: See Remarks 500 NORTH BROADWAY, SUITE 201, JERICHO NY 11753
Susan Morris officer: See Remarks ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Evan Rainwater officer: EVP, Supp Chain&Manufacturing 250 E. PARKCENTER BLVD., BOISE ID 83706
Chris Rupp officer: See Remarks ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Anuj Dhanda officer: See Remarks ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Sharon Mccollam officer: President & CFO C/O OFFICEMAX INCORPORATED, 263 SHUMAN BLVD., NAPERVILLE IL 60563
Jennifer Saenz officer: Chief Marketing Officer 250 E. PARKCENTER BLVD., BOISE ID 83706
Chan Galbato director 191 E NORTH AVENUE, CAROL STREAM IL 60188
Stone West Mary E director C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Shant Babikian director C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOO NY 10019