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Basf SE (XTER:BAS) EBIT : €2,273 Mil (TTM As of Mar. 2024)


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What is Basf SE EBIT?

Basf SE's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €1,991 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €2,273 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Basf SE's annualized ROC % for the quarter that ended in Mar. 2024 was 7.55%. Basf SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 21.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Basf SE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.68%.


Basf SE EBIT Historical Data

The historical data trend for Basf SE'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.

Basf SE EBIT Chart

Basf SE 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 4,146.00 -884.00 8,045.00 1,911.00 2,391.00

Basf SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2,109.00 1,077.00 201.00 -996.00 1,991.00

Competitive Comparison of Basf SE's EBIT

For the Chemicals subindustry, Basf SE'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.


Basf SE's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Basf SE's EV-to-EBIT distribution charts can be found below:

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



Basf SE 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,273 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.


Basf SE  (XTER:BAS) EBIT Explanation

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

Basf SE's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=6556 * ( 1 - 20.43% )/( (67176 + 71081)/ 2 )
=5216.6092/69128.5
=7.55 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Basf SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7964/( ( (24080 + max(13492, 0)) + (24577 + max(12851, 0)) )/ 2 )
=7964/( ( 37572 + 37428 )/ 2 )
=7964/37500
=21.24 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10414 + 13800 + 2202) - (7542 + 0 + 5382)
=13492

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13255 + 14269 + 0) - (7817 + 0 + 6856)
=12851

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Basf SE's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=2273/61753.395
=3.68 %

* 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.


Basf SE EBIT Related Terms

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Basf SE (XTER:BAS) Business Description

Address
Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, DEU, 67056
Founded in 1865 and based in Germany, BASF is the world's largest chemical company, with products spanning the full spectrum of commodities to specialties. In addition, the company is a strong player in agricultural crop protection chemicals and emissions control catalysts for cars and trucks. Given its sheer size, BASF has a top-three market position in approximately 70% of its businesses.
Executives
Dr. Stephan Kothrade Board of Directors
Dr. Melanie Maas-brunner Board of Directors
Dr. Dirk Elvermann Board of Directors
Dr. Kurt Bock Supervisory Board
Prof. Dr. Stefan Asenkerschbaumer Supervisory Board
Dame Alison Carnwath Supervisory Board
Prof. Dr. Thomas Carell Supervisory Board
Alessandra Genco Supervisory Board
Liming Chen Supervisory Board
Dr. Markus Kamieth Board of Directors
Saori Dubourg Board of Directors
Sinischa Horvat Supervisory Board
Tatjana Diether Supervisory Board
Waldemar Helber Supervisory Board
Michael Heinz Board of Directors

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