Civitas Solutions (Civitas Solutions) EBIT : $59 Mil (TTM As of Dec. 2018)

View and export this data going back to 2014. Start your Free Trial

What is Civitas Solutions EBIT?

Civitas Solutions's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2018 was $20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2018 was $59 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Civitas Solutions's annualized ROC % for the quarter that ended in Dec. 2018 was 5.95%. Civitas Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was 31.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Civitas Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was 3.08%.

Civitas Solutions EBIT Historical Data

The historical data trend for Civitas 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.

Civitas Solutions EBIT Chart

Civitas Solutions Annual Data

Trend

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

EBIT

Get a 7-Day Free Trial

36.45

44.22

56.79

41.60

53.07

Civitas Solutions Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
EBIT	Get a 7-Day Free Trial															13.28	5.19	24.47	10.13	19.53

Competitive Comparison of Civitas Solutions's EBIT

For the Medical Care Facilities subindustry, Civitas 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.

Civitas Solutions's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Civitas Solutions's EV-to-EBIT distribution charts can be found below:

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

Civitas 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 Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $59 Mil.

Civitas Solutions (NYSE:CIVI) EBIT Explanation

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

Civitas Solutions's annualized ROC % for the quarter that ended in Dec. 2018 is calculated as:

	ROC % (Q: Dec. 2018 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2018 )	+	Invested Capital (Q: Dec. 2018 ))	/ count )
=	83.488 * ( 1 - 31.76% )	/	( (957.041	+	956.49)	/ 2 )
=	56.9722112	/	956.7655
=	5.95 %

where

	Invested Capital		(Q: Sep. 2018 )
=	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	))
=	1127.192	-	161.983	-	( 8.168	-	max(0, 173.465	-	213.251	+	8.168	))
=	957.041

	Invested Capital		(Q: Dec. 2018 )
=	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	))
=	1099.547	-	136.252	-	( 6.805	-	max(0, 144.389	-	199.658	+	6.805	))
=	956.49

Note: The Operating Income data used here is four times the quarterly (Dec. 2018) data.

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

Civitas Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2018 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2018		Q: Dec. 2018
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	78.1	/	( ( (196.992 + max(39.73, 0))	+	(196.011 + max(56.601, 0)) )	/	2 )
=	78.1	/	( ( 236.722	+	252.612 )	/	2 )
=	78.1	/	244.667
=	31.92 %

where Working Capital is:

	Working Capital		(Q: Sep. 2018 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(186.311	+	0	+	18.772)	-	(161.983	+	3.37	+	0)
=	39.73

	Working Capital		(Q: Dec. 2018 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(173.38	+	0	+	19.473)	-	(136.252	+	0	+	0)
=	56.601

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2018 )
	=	59.323	/	1928.427
	=	3.08 %

Civitas Solutions EBIT Related Terms

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

Civitas Solutions (Civitas Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Civitas Solutions Inc (NYSE:CIVI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

313 Congress Street, 6th Floor, Boston, MA, USA, 02210

Website

http://www.civitas-solutions.com

Civitas Solutions Inc provides health services to people with intellectual, developmental, physical, or behavioral disabilities and other special needs. Its revenue is generated exclusively in the United States. Civitas operates in two segments: human services and post-acute specialty rehabilitation services, or SRS. The human services segment contributes the vast majority of revenue and provides services to people with disabilities, at-risk youth, and the elderly. Its programs for people with intellectual or developmental disabilities provide residential support, case management, and vocational services. The SRS segment provides rehabilitation and transitional living services to people who have experienced brain or spinal injuries or other severe illnesses or injuries.

Executives

Daniel S Oconnell	10 percent owner	C/O VESTAR CAPITAL PARTNERS, 245 PARK AVE 41ST FL, NEW YORK NY 10167
Vestar Managers V Ltd.	10 percent owner	245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167
Vestar Associates V, L.p.	10 percent owner	245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167
Greg Roth	director	ONE PARK PLAZA, NASHVILLE TN 37203
Pamela F Lenehan	director	C/O AVID TECHNOLOGY, INC., ONE PARK WEST, TEWKSBURY MA 01876
Patrick M. Gray	director	C/O CIVITAS SOLUTIONS, INC. 313 CONGRESS STREET, 6TH FLOOR BOSTON MA 02210
Guy P Sansone	director	C/O MEDNAX, 1301 CONCORD TERRACE, SUNRISE FL 33323
Mary Ann Tocio	director	C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Vestar Capital Partners V L P	10 percent owner	245 PARK AVE 41ST FL, NEW YORK NY 10167
Robert L. Rosner	director	C/O TRITON INTERNATIONAL LIMITED, 100 MANHATTANVILLE ROAD, PURCHASE NY 10577
Edward M Murphy	director, officer: Executive Chair	C/O CIVITAS SOLUTIONS, INC. 313 CONGRESS STREET, 6TH FLOOR BOSTON MA 02210
Kevin A Mundt	director	C/O VESTAR CAPITAL PARTNERS, 245 PARK AVENUE, 41ST FL, NEW YORK NY 10167