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Butler National (Butler National) EBIT : $13.09 Mil (TTM As of Jan. 2024)


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What is Butler National EBIT?

Butler National's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $3.88 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $13.09 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Butler National's annualized ROC % for the quarter that ended in Jan. 2024 was 12.51%. Butler National's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 24.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Butler National's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 15.50%.


Butler National EBIT Historical Data

The historical data trend for Butler National'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.

Butler National EBIT Chart

Butler National Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.27 8.95 5.91 18.21 9.27

Butler National Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.39 0.19 1.62 7.40 3.88

Competitive Comparison of Butler National's EBIT

For the Aerospace & Defense subindustry, Butler National'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.


Butler National's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Butler National's EV-to-EBIT distribution charts can be found below:

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



Butler National 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.09 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.


Butler National  (OTCPK:BUKS) EBIT Explanation

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

Butler National's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=15.18 * ( 1 - 27% )/( (88.122 + 89.018)/ 2 )
=11.0814/88.57
=12.51 %

where

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

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

Butler National's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=15.512/( ( (63.122 + max(-3.05, 0)) + (62.324 + max(-1.496, 0)) )/ 2 )
=15.512/( ( 63.122 + 62.324 )/ 2 )
=15.512/62.723
=24.73 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.578 + 9.239 + 1.932) - (11.419 + 4.68 + 3.7)
=-3.05

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.14 + 10.537 + 2.09) - (10.701 + 5.673 + 3.889)
=-1.496

When net working capital is negative, 0 is used.

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

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

Butler National's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=13.088/84.431
=15.50 %

* 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.


Butler National EBIT Related Terms

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Butler National (Butler National) Business Description

Traded in Other Exchanges
N/A
Address
19920 West 161st Street, Olathe, KS, USA, 66062
Butler National Corp is engaged in designing, manufacturing and selling, installing, repairing, modifying, overhauling, servicing and distributing a broad portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems. The company's operating segment includes Professional Services and Aerospace Products. It generates maximum revenue from the Aerospace Products segment. The Professional Services segment provides professional management services in the gaming industry, and professional architectural, and engineering services. It has a business presence in North America, Europe, Asia, Australia and other geographical regions.
Executives
Joseph Patrick Daly 10 percent owner 497 CIRCLE FREEWAY, CINCINNATI OH 45246
Joe Aric Peters director 15125 MELROSE DRIVE, OVERLAND PARK KS 66221
Zeff Holding Company, Llc 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Veradace Partners Lp 10 percent owner 2626 COLE AVENUE, SUITE 300, DALLAS TX 75204
Zeff Capital, Lp 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Daniel Zeff 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
John M. Edgar director 2600 GRAND BOULEVARD, SUITE 440, KANSAS CITY MO 64108
David B Hayden director 15733 SHANNAN LANE, OLATHE KS 66062
Tad Mitchell Mcmahon officer: Chief Financial Officer 19920 W 161ST STREET, OLATHE KS 66062
Craig D Stewart officer: Vice President and CFO 15213 KING STREET, OVERLAND PARK KS 66221
Angela D Seba-shinabargar officer: CFO 11575 S. WATER, OLATHE KS 66061
Bradley Kyle Hoffman director 8741 ENSLEY LANE, LEAWOOD KS 66206
Michael Joseph Tamburelli director 11028 N. LAUREL AVE, KANSAS CITY MO 64157
Christopher J Reedy officer: Vice President 7411 RICHARDS DRIVE, SHAWNEE KS 66216
Clark D Stewart director, officer: President - CEO 15733 SHANNAN LANE, OLATHE KS 66062