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Daseke (Daseke) EBIT : $42 Mil (TTM As of Dec. 2023)


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What is Daseke EBIT?

Daseke's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-16 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $42 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Daseke's annualized ROC % for the quarter that ended in Dec. 2023 was -0.50%. Daseke's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -8.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Daseke's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.52%.


Daseke EBIT Historical Data

The historical data trend for Daseke'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.

Daseke EBIT Chart

Daseke Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only -310.20 48.80 115.50 105.20 41.80

Daseke Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 17.10 13.50 22.60 21.20 -15.50

Competitive Comparison of Daseke's EBIT

For the Trucking subindustry, Daseke'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.


Daseke's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Daseke's EV-to-EBIT distribution charts can be found below:

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



Daseke 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 quarterly data reported by the company within the most recent 12 months, which was $42 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.


Daseke  (NAS:DSKE) EBIT Explanation

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

Daseke'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-5.2 * ( 1 - 5.24% )/( (1003 + 975)/ 2 )
=-4.92752/989
=-0.50 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Daseke'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-62/( ( (658.8 + max(63.2, 0)) + (655 + max(55, 0)) )/ 2 )
=-62/( ( 722 + 710 )/ 2 )
=-62/716
=-8.66 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(185.6 + 4.2 + 21.8) - (148.4 + 0 + -5.6843418860808E-14)
=63.2

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(157.8 + 4.1 + 23.1) - (130 + 0 + 0)
=55

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=41.8/1186.890
=3.52 %

* 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.


Daseke EBIT Related Terms

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Daseke (Daseke) Business Description

Traded in Other Exchanges
Address
15455 Dallas Parkway, Suite 550, Addison, TX, USA, 75001
Daseke Inc provides transportation and logistics solutions focused exclusively on flatbed and specialized freight in North America. It has two reportable segments: Flatbed Solutions and Specialized Solutions. The Flatbed Solutions segment focuses on delivering transportation and logistics solutions that principally require the use of flatbed and retractable-sided transportation equipment; and the Specialized Solutions segment focuses on delivering transportation and logistics solutions that require the use of specialized trailering transportation equipment. Daseke derives most of its revenues from its Specialized Solutions segment.
Executives
Aaron Coley officer: EVP and CFO 15455 DALLAS PKWY, SUITE 550, ADDISON TX 75001
Scott Hoppe officer: EVP and COO C/O DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Rick Alan Williams officer: EVP and COO 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Melendy E Lovett director 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Bruce Blaise director C/O DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Williams Ena Koschel director 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Catharine D Ellingsen director 18500 N. ALLIED WAY, PHOENIX AZ 85054
Charles F Serianni director 110 S.E. 6TH STREET, 28TH FLOOR, FORT LAUDERDALE FL 33301
Jason R. Bates officer: EVP and CFO USA TRUCK, INC., 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Grant Edward Garbers director C/O DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Soumit Roy officer: Chief Legal Officer & Sec. DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Jonathan Shepko director 15455 DALLAS PKWY, STE. 440, ADDISON TX 75001
Kevin M. Charlton director 14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
Brian Bonner director 15455 DALLAS PKWY, STE. 440, ADDISON TX 75001
Kimberly Warmbier director 3150 SABRE DRIVE, SOUTHLAKE TX 76092