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US Silica Holdings (US Silica Holdings) EBIT : $297 Mil (TTM As of Dec. 2023)


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What is US Silica Holdings EBIT?

US Silica Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $63 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $297 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. US Silica Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 8.20%. US Silica Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 18.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. US Silica Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 17.61%.


US Silica Holdings EBIT Historical Data

The historical data trend for US Silica Holdings'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.

US Silica Holdings EBIT Chart

US Silica Holdings 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 -333.44 -95.26 34.08 181.60 297.28

US Silica Holdings 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 65.29 82.21 87.27 64.91 62.89

Competitive Comparison of US Silica Holdings's EBIT

For the Oil & Gas Equipment & Services subindustry, US Silica Holdings'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.


US Silica Holdings's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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



US Silica Holdings 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 $297 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.


US Silica Holdings  (NYSE:SLCA) EBIT Explanation

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

US Silica Holdings'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 )
=180.46 * ( 1 - 22.29% )/( (1714.284 + 1705.892)/ 2 )
=140.235466/1710.088
=8.20 %

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))
=2100.974 - 164.255 - ( 222.435 - max(0, 208.987 - 594.88+222.435))
=1714.284

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))
=2096.593 - 144.985 - ( 245.716 - max(0, 185.85 - 600.744+245.716))
=1705.892

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

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

US Silica Holdings'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 )
=251.572/( ( (1175.312 + max(200.783, 0)) + (1166.315 + max(203.063, 0)) )/ 2 )
=251.572/( ( 1376.095 + 1369.378 )/ 2 )
=251.572/1372.7365
=18.33 %

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)
=(181.506 + 162.636 + 26.375) - (164.255 + 5.479 + 0)
=200.783

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(184.866 + 149.429 + 19.682) - (144.985 + 3.124 + 2.805)
=203.063

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:

US Silica Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=297.278/1687.841
=17.61 %

* 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.


US Silica Holdings EBIT Related Terms

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US Silica Holdings (US Silica Holdings) Business Description

Traded in Other Exchanges
Address
24275 Katy Freeway, Suite 600, Katy, TX, USA, 77494
US Silica Holdings Inc is the supplier of sand used in the hydraulic fracturing of oil and gas wells. The company delivers sand in basins via its extensive logistics network and has an emerging last-mile logistics capability to deliver sand direct to the well site. Its operating segment includes Oil and Gas Proppants and Industrial and Specialty Products. The company generates maximum revenue from the Oil and Gas Proppants segment.
Executives
Kevin Hough officer: EVP & Chief Financial Officer 24275 KATY FREEWAY, SUITE 600, KATY TX 77494
Bryan Adair Shinn director, officer: President & CEO 8490 PROGRESS DRIVE, SUITE 300, FREDERICK MD 21701
Jay Moreau officer: EVP & Chief Operating Officer 24275 KATY FREEWAY, SUITE 600, KATY TX 77494
Jimmi Sue Smith director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Simon Bates director 62 WHITTEMORE AVE, CAMBRIDGE MA 02140
Diane K Duren director PO BOX 45308, OMAHA NE 68145
Donald A Merril officer: EVP & Chief Financial Officer 1293 SOUTH MAIN STREET, AKRON OH 44301
Stacy Russell officer: SVP General Counsel 24275 KATY FREEWAY, SUITE 600, KATY TX 77494
William Jennings Kacal director 2112 INWOOD DRIVE, HOUSTON TX 77019
Charles W Shaver director C/O US SILICA, 8490 PROGRESS DR. STE 300, FREDERICK MD 21701
Michael L Winkler officer: EVP & Chief Operating Officer 8490 PROGRESS DRIVE, SUITE 300, FREDERICK MD 21701
Sandra Rogers director 24275 KATY FREEWAY, SUITE 600, KATY TX 77494
Zach Carusona officer: President Specialty Minerals 24275 KATY FREEWAY, SUITE 600, KATY TX 77494
James Derek Ussery officer: President Oil and Gas 1301 MCKINNEY ST, STE 1800, HOUSTON TX 77010
Donna Lynnette Crowder officer: SVP and CHRO 24275 KATY FREEWAY, SUITE 600, KATY TX 77494