GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » EVgo Inc (NAS:EVGO) » Definitions » EBIT

EVgo (EVGO) EBIT : $-118.7 Mil (TTM As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is EVgo EBIT?

EVgo's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-32.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-118.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EVgo's annualized ROC % for the quarter that ended in Mar. 2024 was -22.10%. EVgo's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -27.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EVgo's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -78.76%.


EVgo EBIT Historical Data

The historical data trend for EVgo'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.

EVgo EBIT Chart

EVgo Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-24.75 -46.38 -55.84 -106.20 -135.42

EVgo Quarterly Data
Dec19 Mar20 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 -42.63 -21.50 -28.26 -36.59 -32.37

Competitive Comparison of EVgo's EBIT

For the Specialty Retail subindustry, EVgo'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.


EVgo's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, EVgo's EV-to-EBIT distribution charts can be found below:

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



EVgo 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 $-118.7 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.


EVgo  (NAS:EVGO) EBIT Explanation

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

EVgo'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 )
=-129.48 * ( 1 - -0.05% )/( (587.367 + 585.085)/ 2 )
=-129.54474/586.226
=-22.10 %

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))
=806.614 - 41.188 - ( 209.146 - max(0, 89.347 - 267.406+209.146))
=587.367

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))
=787.545 - 45.058 - ( 175.526 - max(0, 81.625 - 239.027+175.526))
=585.085

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

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

EVgo'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 )
=-129.48/( ( (456.951 + max(-25.069, 0)) + (468.925 + max(-11.609, 0)) )/ 2 )
=-129.48/( ( 456.951 + 468.925 )/ 2 )
=-129.48/462.938
=-27.97 %

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)
=(44.179 + 0 + 14.081) - (41.188 + 32.349 + 9.792)
=-25.069

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(47.358 + 0 + 16.143) - (45.058 + 29.898 + 0.154)
=-11.609

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-118.718/150.739
=-78.76 %

* 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.


EVgo EBIT Related Terms

Thank you for viewing the detailed overview of EVgo's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


EVgo (EVGO) Business Description

Traded in Other Exchanges
Address
11835 West Olympic Boulevard, Suite 900E, Los Angeles, CA, USA, 90064
EVgo owns and operates a public direct current fast-charging network in the U.S. Its network of charging stations provides electric vehicle charging infrastructure to consumers and businesses. Its network is capable of charging all EV models and charging standards currently available in the U.S. EVgo partners with national and regional chains of grocery stores, automotive original equipment manufacturers, hotels, shopping centers, gas stations, parking lot operators, local governments and independent property owners in order to locate and deploy its EV charging infrastructure.
Executives
Dennis G Kish officer: Chief Operating Officer 955 EAST ARQUES AVE, SUNNYVALE CA 94086
Francine Sullivan officer: CLO and General Counsel 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Olga Shevorenkova officer: Chief Financial Officer 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Stephanie Lee officer: Interim CFO 11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Ivo Steklac officer: Chief Operating & Tech Officer 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Cathy Zoi director, officer: Chief Executive Officer 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
David Nanus director 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
Paul Segal director 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
Jonathan Seelig director C/O ZOOM TELEPHONICS, INC., 99 HIGH STREET, BOSTON MA 02110
Peter Eric Anderson director 11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Tanvi Chaturvedi officer: Chief Revenue Officer 11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Jonathan Maier Levy officer: Chief Commercial Officer 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Caroline Ogata officer: Controller 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Badar Khan director 69 DENNY ROAD, CHESTNUT HILL MA 02467
Katherine Motlagh director C/O CYRUSONE, 2850 N HARWOOD ST STE 2200, DALLAS TX 75201