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Blackstone Real Estateome Trust (Blackstone Real Estateome Trust) EBIT : $2,732 Mil (TTM As of Mar. 2024)


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What is Blackstone Real Estateome Trust EBIT?

Blackstone Real Estateome Trust's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $662 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $2,732 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Blackstone Real Estateome Trust's annualized ROC % for the quarter that ended in Mar. 2024 was -0.08%. Blackstone Real Estateome Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Blackstone Real Estateome Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.33%.


Blackstone Real Estateome Trust EBIT Historical Data

The historical data trend for Blackstone Real Estateome Trust'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.

Blackstone Real Estateome Trust EBIT Chart

Blackstone Real Estateome Trust Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 70.23 -155.02 11.28 1,227.21 2,092.78

Blackstone Real Estateome Trust 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 96.13 1,522.34 1,324.80 -776.39 661.65

Competitive Comparison of Blackstone Real Estateome Trust's EBIT

For the REIT - Diversified subindustry, Blackstone Real Estateome Trust'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.


Blackstone Real Estateome Trust's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Blackstone Real Estateome Trust's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Blackstone Real Estateome Trust's EV-to-EBIT falls into.



Blackstone Real Estateome Trust 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 $2,732 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.


Blackstone Real Estateome Trust  (OTCPK:BSTT) EBIT Explanation

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

Blackstone Real Estateome Trust'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 )
=-152.408 * ( 1 - 0% )/( (192274.413 + 191810.736)/ 2 )
=-152.408/192042.5745
=-0.08 %

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))
=130797.795 - 2981.72 - ( 1945.26 - max(0, 85576.297 - 21117.959+1945.26))
=192274.413

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))
=129746.243 - 3146.282 - ( 2668.894 - max(0, 87206.797 - 21996.022+2668.894))
=191810.736

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

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

Blackstone Real Estateome Trust'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 )
=2646.58/( ( (0 + max(-2228.558, 0)) + (0 + max(-2082.318, 0)) )/ 2 )
=2646.58/( ( 0 + 0 )/ 2 )
=2646.58/0
= %

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)
=(0 + 0 + 1381.723) - (2981.72 + 346.211 + 282.35000000001)
=-2228.558

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 1619.855) - (3146.282 + 317.818 + 238.073)
=-2082.318

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:

Blackstone Real Estateome Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=2732.396/82113.137
=3.33 %

* 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.


Blackstone Real Estateome Trust EBIT Related Terms

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Blackstone Real Estateome Trust (Blackstone Real Estateome Trust) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
345 Park Avenue, New York, NY, USA, 10154
Blackstone Real Estate Income Trust Inc invests in commercial real estate properties diversified into sectors. The company's segment includes Rental Housing, Industrial, Net Lease, Hospitality, Office, Data Centers, Retail, and Self Storage properties, and Investments in Real Estate Debt. It generates maximum revenue from Rental Housing segment.
Executives
Marone Anthony F. Jr officer: See Remarks C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Susan Carras director 345 PARK AVENUE, NEW YORK NY 10154
Paul Kolodziej officer: Chief Accounting Officer C/O BLACKSTONE REAL ESTATE INCOME TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Richard I Gilchrist director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Paul D Quinlan officer: See Remarks C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Frank Cohen director, officer: Chief Executive Officer C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Harper Robert G Iv officer: Head of Asset Management C/O EXTENDED STAY AMERICA, INC., 11525 N. COMMUNITY HOUSE ROAD, SUITE 100, CHARLOTTE NC 28277
Brian Kim officer: See Remarks C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
Edward Lewis director
Leon Volchyok officer: See Remarks THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
Raymond J. Beier director C/O BLACKSTONE REAL ESTATE INCOME TRUST, 345 PARK AVENUE, NEW YORK NY 10154
A.j. Agarwal director, officer: President C/O BLACKSTONE REAL ESTATE INCOME TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Wesley Lepatner director, officer: Chief Operating Officer C/O BLACKSTONE REAL ESTATE INCOME TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Field Griffith director C/O BLACKSTONE REAL ESTATE INCOME TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Karen Sprogis officer: Head of Investor Relations C/O BLACKSTONE REAL ESTATE INCOME TRUST, 345 PARK AVENUE, NEW YORK NY 10154

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