GURUFOCUS.COM » STOCK LIST » Industrials » Construction » PGT Innovations Inc (NYSE:PGTI) » Definitions » EBIT

PGT Innovations (PGT Innovations) EBIT : $179 Mil (TTM As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is PGT Innovations EBIT?

PGT Innovations's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $179 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PGT Innovations's annualized ROC % for the quarter that ended in Dec. 2023 was 4.02%. PGT Innovations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PGT Innovations's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.75%.


PGT Innovations EBIT Historical Data

The historical data trend for PGT Innovations'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.

PGT Innovations EBIT Chart

PGT Innovations Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.21 83.63 74.03 159.33 179.15

PGT Innovations 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 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 17.59 53.32 51.43 60.69 13.71

Competitive Comparison of PGT Innovations's EBIT

For the Building Products & Equipment subindustry, PGT Innovations'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.


PGT Innovations's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, PGT Innovations's EV-to-EBIT distribution charts can be found below:

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



PGT Innovations 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 $179 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.


PGT Innovations  (NYSE:PGTI) EBIT Explanation

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

PGT Innovations'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 )
=77.136 * ( 1 - 25.17% )/( (1420.559 + 1448.476)/ 2 )
=57.7208688/1434.5175
=4.02 %

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))
=1608.662 - 150.428 - ( 37.675 - max(0, 168.536 - 389.39+37.675))
=1420.559

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))
=1577.879 - 96.695 - ( 32.708 - max(0, 134.188 - 328.285+32.708))
=1448.476

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

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

PGT Innovations'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 )
=54.836/( ( (319.553 + max(147.339, 0)) + (362.138 + max(144.024, 0)) )/ 2 )
=54.836/( ( 466.892 + 506.162 )/ 2 )
=54.836/486.527
=11.27 %

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)
=(149.288 + 117.942 + 30.537) - (150.428 + 0 + 0)
=147.339

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(117.617 + 111.781 + 28.446) - (96.695 + 17.125 + 0)
=144.024

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=179.151/3118.211
=5.75 %

* 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.


PGT Innovations EBIT Related Terms

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


PGT Innovations (PGT Innovations) Business Description

Traded in Other Exchanges
Address
1070 Technology Drive, North Venice, FL, USA, 34275
PGT Innovations Inc is a leading manufacturer of impact-resistant aluminum and vinyl-framed windows and doors and offers a broad range of fully customizable window and door products. The company distributes products through multiple channels, including window distributors, building supply distributors, window replacement dealers, and enclosure contractors. The products are sold through authorized dealers and distributor networks in the states of the Caribbean, Florida, Canada, and in South and Central America but the majority of its revenue is generated from Florida.
Executives
Rodney Hershberger director PGT INNOVATIONS, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Christopher J Stephens director 123 MAIN STREET, BRISTOL CT 06010
Deborah L Lapinska officer: See Remarks PGT, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Craig Henderson officer: INTERIM CFO 1070 TECHNOLOGY DR., NORTH VENICE FL 34275
Richard D Feintuch director PGT INNOVATIONS, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Robert Andrew Keller officer: Sr. V.P. of Cust. Str & Innov. 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Frances Powell Hawes director AMERICAN ELECTRIC TECHNOLOGIES, INC., 6410 LONG DRIVE, HOUSTON TX 77087
William J Morgan director 123 MAIN STREET, BRISTOL CT 06011-0489
Sheree L Bargabos director 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Xavier Boza director ONE CAMPBELL PLACE, CAMDEN NJ 08103
Floyd F Sherman director BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Alexander R Castaldi director BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Brett N Milgrim director BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Ryan S. Quinn officer: Sr. V.P. and General Counsel 11115 RUSHMORE DR., CHARLOTTE NC 28277
Jeffrey T Jackson director, officer: PRESIDENT AND CEO PGT, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275