Liberty SiriusXM Group (Liberty SiriusXM Group) EBIT : $1,806 Mil (TTM As of Dec. 2023)

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What is Liberty SiriusXM Group EBIT?

Liberty SiriusXM Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $381 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $1,806 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Liberty SiriusXM Group's annualized ROC % for the quarter that ended in Dec. 2023 was 5.88%. Liberty SiriusXM Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 121.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Liberty SiriusXM Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.60%.

Liberty SiriusXM Group EBIT Historical Data

The historical data trend for Liberty SiriusXM Group'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.

Liberty SiriusXM Group EBIT Chart

Liberty SiriusXM Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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1,441.00

-144.00

1,444.00

2,480.00

1,806.00

Liberty SiriusXM Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															511.00	425.00	400.00	600.00	381.00

Competitive Comparison of Liberty SiriusXM Group's EBIT

For the Broadcasting subindustry, Liberty SiriusXM Group'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.

Liberty SiriusXM Group's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Liberty SiriusXM Group's EV-to-EBIT distribution charts can be found below:

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

Liberty SiriusXM Group 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,806 Mil.

Liberty SiriusXM Group (NAS:LSXMA) EBIT Explanation

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

Liberty SiriusXM Group's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	1984 * ( 1 - 8.76% )	/	( (30650	+	30880)	/ 2 )
=	1810.2016	/	30765
=	5.88 %

where

	Invested Capital		(Q: Sep. 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	))
=	29937	-	1374	-	( 327	-	max(0, 3430	-	1343	+	327	))
=	30650

	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	))
=	29901	-	1536	-	( 306	-	max(0, 3876	-	1361	+	306	))
=	30880

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Liberty SiriusXM Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1524	/	( ( (1254 + max(-1684, 0))	+	(1245 + max(-1747, 0)) )	/	2 )
=	1524	/	( ( 1254	+	1245 )	/	2 )
=	1524	/	1249.5
=	121.97 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(659	+	0	+	357)	-	(1374	+	1248	+	78)
=	-1684

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(709	+	0	+	346)	-	(1536	+	1195	+	71)
=	-1747

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Liberty SiriusXM Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	1806	/	18812.228
	=	9.60 %

Liberty SiriusXM Group EBIT Related Terms

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Liberty SiriusXM Group (Liberty SiriusXM Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Liberty SiriusXM Group (NAS:LSXMA) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

LSXMK:USA LSXMB:USA LSXMA:Mexico LM0E:Germany LM0C:Germany LM00:Germany LM0E:Germany

Address

12300 Liberty Boulevard, Englewood, CO, USA, 80112

Website

https://www.libertymedia.com

Liberty SiriusXM Group through its subsidiary holding is engaged in providing a subscription-based satellite radio service. It transmits music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services. The firm's segments include Sirius XM Holdings, Formula 1, and Braves Group. The company distributes its satellite radios through automakers and rental car companies, as well as through its retail locations and Website; and satellite radio services to various automaker customers. Geographically it offers services in the region of the US and Canada.

Executives

Berkshire Hathaway Inc	10 percent owner	3555 FARNAM STREET, OMAHA NE 68131
Larry E Romrell	director	12300 LIBERTY BLVD., ENGLEWOOD CO 80112
Gilchrist Malcolm Ian Grant	director	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Gregory B Maffei	director, officer: President, CEO	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
John C Malone	officer: Chairman	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Albert E Rosenthaler	officer: Senior Vice President	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Brian J Wendling	officer: SVP/Controller/PFO	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Andrea L Wong	director	12300 LIBERTY BLVD., ENGLEWOOD CO 80112
Plc Barclays	10 percent owner	1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
David E Rapley	director	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
R. Ted Weschler,	other: Member of 10% owner group	404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE VA 22902
Warren E Buffett	10 percent owner	3555 FARNAM ST, STE 1440, OMAHA NE 68131
Derek Chang	director	C/O CHARTER COMMUNICATIONS INC, 12405 POWERCOURT DR, ST LOUIS MO 63131
Renee L Wilm	officer: Chief Legal Officer	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Richard N Baer	officer: SVP, General Counsel