GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Wyndham Hotels & Resorts Inc (FRA:2WY) » Definitions » EBIT

Wyndham Hotels & Resorts (FRA:2WY) EBIT : €410 Mil (TTM As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Wyndham Hotels & Resorts EBIT?

Wyndham Hotels & Resorts's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €410 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wyndham Hotels & Resorts's annualized ROC % for the quarter that ended in Mar. 2024 was 8.06%. Wyndham Hotels & Resorts's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 234.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wyndham Hotels & Resorts's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.64%.


Wyndham Hotels & Resorts EBIT Historical Data

The historical data trend for Wyndham Hotels & Resorts'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.

Wyndham Hotels & Resorts EBIT Chart

Wyndham Hotels & Resorts Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 279.90 -36.17 379.67 529.58 464.00

Wyndham Hotels & Resorts 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 105.54 110.76 152.73 100.87 46.00

Competitive Comparison of Wyndham Hotels & Resorts's EBIT

For the Lodging subindustry, Wyndham Hotels & Resorts'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.


Wyndham Hotels & Resorts's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Wyndham Hotels & Resorts's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wyndham Hotels & Resorts's EV-to-EBIT falls into.



Wyndham Hotels & Resorts 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 €410 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.


Wyndham Hotels & Resorts  (FRA:2WY) EBIT Explanation

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

Wyndham Hotels & Resorts'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 )
=390.08 * ( 1 - 27.27% )/( (3493.77 + 3542.92)/ 2 )
=283.705184/3518.345
=8.06 %

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))
=3698.261 - 283.353 - ( 60.522 - max(0, 420.903 - 342.041+60.522))
=3493.77

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

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

Wyndham Hotels & Resorts'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 )
=184/( ( (80.696 + max(-101.787, 0)) + (76.36 + max(-154.56, 0)) )/ 2 )
=184/( ( 80.696 + 76.36 )/ 2 )
=184/78.528
=234.31 %

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)
=(220.997 + 0 + 60.522) - (283.353 + 83.447 + 16.506)
=-101.787

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(228.16 + 0 + 63.48) - (338.56 + 107.64 + 0)
=-154.56

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:

Wyndham Hotels & Resorts's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=410.361/7276.368
=5.64 %

* 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.


Wyndham Hotels & Resorts EBIT Related Terms

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


Wyndham Hotels & Resorts (FRA:2WY) Business Description

Traded in Other Exchanges
Address
22 Sylvan Way, Parsippany, NJ, USA, 07054
As of Dec. 31, 2022, Wyndham Hotels & Resorts operates 843,000 rooms across more than 20 brands predominantly in the economy and midscale segments. Super 8 is the largest brand, representing around 19% of all rooms, with Days Inn (14%) and Ramada (14%) the next two largest brands. During the past several years, the company has expanded its extended stay/lifestyle brands, which appeal to travelers seeking to experience the local culture of a given location. Wyndham launched a new extended stay economy scale segment concept, ECHO, in the spring of 2022. The United States represents roughly 60% of total rooms. The company closed its La Quinta acquisition in the second quarter of 2018, adding around 90,000 rooms at the time the deal closed.

Wyndham Hotels & Resorts (FRA:2WY) Headlines

No Headlines