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Alpha Metallurgical Resources (Alpha Metallurgical Resources) EBIT : $680 Mil (TTM As of Mar. 2024)


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What is Alpha Metallurgical Resources EBIT?

Alpha Metallurgical Resources's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $142 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $680 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alpha Metallurgical Resources's annualized ROC % for the quarter that ended in Mar. 2024 was 26.85%. Alpha Metallurgical Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 37.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Alpha Metallurgical Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 19.32%.


Alpha Metallurgical Resources EBIT Historical Data

The historical data trend for Alpha Metallurgical Resources'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.

Alpha Metallurgical Resources EBIT Chart

Alpha Metallurgical Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only -205.38 -169.11 361.85 1,576.55 852.38

Alpha Metallurgical Resources 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 314.90 216.81 114.52 206.15 142.25

Competitive Comparison of Alpha Metallurgical Resources's EBIT

For the Coking Coal subindustry, Alpha Metallurgical Resources'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.


Alpha Metallurgical Resources's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Alpha Metallurgical Resources's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Alpha Metallurgical Resources's EV-to-EBIT falls into.



Alpha Metallurgical Resources 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 $680 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.


Alpha Metallurgical Resources  (NYSE:AMR) EBIT Explanation

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

Alpha Metallurgical Resources'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 )
=567.512 * ( 1 - 10.03% )/( (1893.477 + 1910.104)/ 2 )
=510.5905464/1901.7905
=26.85 %

where

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))
=2406.057 - 244.373 - ( 268.207 - max(0, 309.93 - 1048.297+268.207))
=1893.477

Invested Capital(Q: Mar. 2024 )
=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))
=2460.809 - 281.319 - ( 269.386 - max(0, 341.289 - 1076.509+269.386))
=1910.104

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

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

Alpha Metallurgical Resources'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 )
=568.984/( ( (1040.152 + max(473.742, 0)) + (1057.529 + max(469.226, 0)) )/ 2 )
=568.984/( ( 1513.894 + 1526.755 )/ 2 )
=568.984/1520.3245
=37.43 %

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)
=(509.682 + 231.344 + 39.064) - (244.373 + 0 + 61.975)
=473.742

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(526.222 + 246.033 + 34.868) - (281.319 + 0 + 56.578)
=469.226

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:

Alpha Metallurgical Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=679.726/3518.181
=19.32 %

* 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.


Alpha Metallurgical Resources EBIT Related Terms

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Alpha Metallurgical Resources (Alpha Metallurgical Resources) Business Description

Traded in Other Exchanges
N/A
Address
340 Martin Luther King Jr. Boulevard, Bristol, TN, USA, 37620
Alpha Metallurgical Resources Inc is a Tennessee-based coal mining company with operations across Virginia and West Virginia. The company's portfolio of mining operations consists of underground mines, surface mines and coal preparation plants. It produces low-ash metallurgical coal, including High-Vol. A, Mid-Vol., High-Vol. B, and Low-Vol. coal, which is shipped to domestic and international coke and steel producers. The reportable segments of the company are Met. It extracts, processes and markets met and thermal coal from deep and surface mines for sale to steel and coke producers, industrial customers, and electric utilities.
Executives
David J. Stetson director C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Daniel E. Horn officer: Executive Vice President-Sales C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Jason E. Whitehead officer: Chief Operating Officer C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Roger Lee Nicholson officer: EVP, Gen. Counsel & Secretary C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Baker De Neufville Joanna director 340 MARTIN LUTHER KING JR BLVD, BRISTOL TN 37620
Michael Gorzynski director, other: See Remarks 595 MADISON AVE, FLOOR 29, NEW YORK NY 10022
Continental General Holdings Llc other: See Remarks 11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Mg Capital Management Ltd. other: See Remarks C/O CAMPBELLS LLP, FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Percy Rockdale Llc other: See Remarks 595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Continental Insurance Group, Ltd. other: See Remarks 11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Continental General Insurance Co other: See Remarks 11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Joshua Todd Munsey officer: Chief Financial Officer 340 MARTIN LUTHER KING BOULEVARD, BRISTOL TN 37620
Elizabeth Anne Fessenden director 1137 WEST AVENUE, RICHMOND VA 23220
Scott D. Vogel director 885 PARK AVENUE, NEW YORK NY 10075
Charles Andrew Eidson officer: Chief Financial Officer ONE ALPHA PLACE, P.O. BOX 16429, BRISTOL VA 24209

Alpha Metallurgical Resources (Alpha Metallurgical Resources) Headlines