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Galp Energia SGPS (XLIS:GALP) EBIT : €2,762 Mil (TTM As of Dec. 2023)


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What is Galp Energia SGPS EBIT?

Galp Energia SGPS's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was €431 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €2,762 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Galp Energia SGPS's annualized ROC % for the quarter that ended in Dec. 2023 was 12.80%. Galp Energia SGPS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 23.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Galp Energia SGPS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.60%.


Galp Energia SGPS EBIT Historical Data

The historical data trend for Galp Energia SGPS'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.

Galp Energia SGPS EBIT Chart

Galp Energia SGPS 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 1,416.00 -96.00 958.00 3,366.00 2,766.00

Galp Energia SGPS 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 1,016.00 810.00 671.00 850.00 431.00

Competitive Comparison of Galp Energia SGPS's EBIT

For the Oil & Gas Integrated subindustry, Galp Energia SGPS'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.


Galp Energia SGPS's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Galp Energia SGPS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Galp Energia SGPS's EV-to-EBIT falls into.



Galp Energia SGPS 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 €2,762 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.


Galp Energia SGPS  (XLIS:GALP) EBIT Explanation

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

Galp Energia SGPS'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 )
=1644 * ( 1 - 9.92% )/( (11317 + 11819)/ 2 )
=1480.9152/11568
=12.80 %

where

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

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

Galp Energia SGPS'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 )
=1724/( ( (7132 + max(3, 0)) + (7660 + max(-2, 0)) )/ 2 )
=1724/( ( 7135 + 7660 )/ 2 )
=1724/7397.5
=23.31 %

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)
=(1406 + 1452 + 653) - (2399 + 0 + 1109)
=3

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1396 + 1447 + 690) - (2447 + 0 + 1088)
=-2

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:

Galp Energia SGPS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=2762/18923.119
=14.60 %

* 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.


Galp Energia SGPS EBIT Related Terms

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Galp Energia SGPS (XLIS:GALP) Business Description

Traded in Other Exchanges
Address
Rua Tomas da Fonseca, Torre A, Lisboa, PRT, 1600-209
Galp Energia SGPS SA is an integrated operator with business lines spanning from exploration and production to refining and marketing of oil products. Its operating segments include Upstream, Industrial and Midstream, Commercial and Renewables and New Businesses. The Upstream segment involves the management of all activities relating to the exploration, development, and production of hydrocarbons. The Industrial & Midstream segment operates the Sines industrial site in Portugal, which includes all current refining activities, The Commercial segment encompasses the area of retail to final B2B and B2C customers of oil, gas, electricity, and convenience. The Renewables & New businesses segment represents Galp's presence in the renewable and new energies space.

Galp Energia SGPS (XLIS:GALP) Headlines

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