Wolters Kluwer NV (XAMS:WKL) EBIT : €1,330 Mil (TTM As of Dec. 2023)

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What is Wolters Kluwer NV EBIT?

Wolters Kluwer NV's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €694 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €1,330 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wolters Kluwer NV's annualized ROC % for the quarter that ended in Dec. 2023 was 12.10%. Wolters Kluwer NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 423.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wolters Kluwer NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.63%.

Wolters Kluwer NV EBIT Historical Data

The historical data trend for Wolters Kluwer NV'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.

Wolters Kluwer NV EBIT Chart

Wolters Kluwer NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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933.00

1,012.00

984.00

1,264.00

1,330.00

Wolters Kluwer NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															431.00	646.00	618.00	636.00	694.00

Competitive Comparison of Wolters Kluwer NV's EBIT

For the Specialty Business Services subindustry, Wolters Kluwer NV'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.

Wolters Kluwer NV's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Wolters Kluwer NV's EV-to-EBIT distribution charts can be found below:

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

Wolters Kluwer NV 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 semi-annually data reported by the company within the most recent 12 months, which was €1,330 Mil.

Wolters Kluwer NV (XAMS:WKL) EBIT Explanation

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

Wolters Kluwer NV'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: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	1388 * ( 1 - 21.89% )	/	( (8916	+	9005)	/ 2 )
=	1084.1668	/	8960.5
=	12.10 %

where

	Invested Capital		(Q: Jun. 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	))
=	9087	-	1036	-	( 1115	-	max(0, 3521	-	2656	+	1115	))
=	8916

	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	))
=	9094	-	1125	-	( 1135	-	max(0, 3790	-	2754	+	1135	))
=	9005

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Wolters Kluwer NV'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: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1388	/	( ( (336 + max(-1621, 0))	+	(320 + max(-1672, 0)) )	/	2 )
=	1388	/	( ( 336	+	320 )	/	2 )
=	1388	/	328
=	423.17 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1243	+	79	+	71)	-	(1036	+	0	+	1978)
=	-1621

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1289	+	84	+	86)	-	(1125	+	0	+	2006)
=	-1672

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Wolters Kluwer NV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	1330	/	36625.410
	=	3.63 %

Wolters Kluwer NV EBIT Related Terms

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Wolters Kluwer NV (XAMS:WKL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Wolters Kluwer NV (XAMS:WKL) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

WTKWY:USA WOLTF:USA WKLa:UK 0NMU:UK WOSB:Germany

Address

Zuidpoolsingel 2, P.O. Box 1030, Alphen aan den Rijn, ZH, NLD, 2400

Website

https://www.wolterskluwer.com

Wolters Kluwer is a Europe-listed global information services company. It operates across four distinct business segments serving a wide array of clients: health (26% of 2020 sales), tax and accounting (31%), legal and regulatory (23%), and governance, risk, and compliance (20%). Within these divisions, Wolters aims to be the industry leader in a variety of niche, higher-value services.

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