Partners Group Holding AG (XSWX:PGHN) EBIT : CHF1,222 Mil (TTM As of Dec. 2023)

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

What is Partners Group Holding AG EBIT?

Partners Group Holding AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was CHF557 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was CHF1,222 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Partners Group Holding AG's annualized ROC % for the quarter that ended in Dec. 2023 was 22.64%. Partners Group Holding AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 264.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Partners Group Holding AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.79%.

Partners Group Holding AG EBIT Historical Data

The historical data trend for Partners Group Holding AG'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.

Partners Group Holding AG EBIT Chart

Partners Group Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

1,042.10

936.80

1,735.10

1,136.50

1,221.50

Partners Group Holding AG 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															978.40	552.50	584.00	664.20	557.30

Competitive Comparison of Partners Group Holding AG's EBIT

For the Asset Management subindustry, Partners Group Holding AG'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.

Partners Group Holding AG's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Partners Group Holding AG's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Partners Group Holding AG's EV-to-EBIT falls into.

Partners Group Holding AG 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 CHF1,222 Mil.

Partners Group Holding AG (XSWX:PGHN) EBIT Explanation

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

Partners Group Holding AG'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 )
=	1097.6 * ( 1 - 17.47% )	/	( (3618.9	+	4383.4)	/ 2 )
=	905.84928	/	4001.15
=	22.64 %

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	))
=	4131	-	149.2	-	( 362.9	-	max(0, 756.1	-	2294.7	+	362.9	))
=	3618.9

	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	))
=	4804.5	-	140.1	-	( 281	-	max(0, 1092	-	3067.9	+	281	))
=	4383.4

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:

Partners Group Holding AG'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 )
=	1114.6	/	( ( (404.5 + max(-124.7, 0))	+	(436.9 + max(-23.2, 0)) )	/	2 )
=	1114.6	/	( ( 404.5	+	436.9 )	/	2 )
=	1114.6	/	420.7
=	264.94 %

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)
=	(242.4	+	0	+	9.5999999999999)	-	(149.2	+	0	+	227.5)
=	-124.7

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(164.1	+	0	+	350.5)	-	(140.1	+	0	+	397.7)
=	-23.2

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:

Partners Group Holding AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	1221.5	/	32240.438
	=	3.79 %

Partners Group Holding AG EBIT Related Terms

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

Partners Group Holding AG (XSWX:PGHN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Partners Group Holding AG (XSWX:PGHN) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

PGPHF:USA PGHN:Mexico PGHNz:UK

Address

Zugerstrasse 57, Baar, Zug, CHE, 6341

Website

https://www.partnersgroup.com

Partners Group Holding AG is a publicly-traded, private-market investment group with worldwide operations, primarily in North America and Europe. The company's investments originate mostly from its private equity, private debt, private real estate, and private infrastructure deal flow. Partners Group emphasizes a high hurdle in its selectivity rate. The company seeks to identify a diverse set of high-quality assets that are best positioned to benefit from sectoral and transformative growth trends across regions. It also takes an active role in supporting its investment acquisitions in executing their respective strategies, often through industry collaboration.

Partners Group Holding AG (XSWX:PGHN) Headlines

No Headlines