Regency Centers (FRA:RRC) EBIT : €508 Mil (TTM As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Regency Centers EBIT?

Regency Centers's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €145 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €508 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Regency Centers's annualized ROC % for the quarter that ended in Mar. 2024 was 4.26%. Regency Centers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 189.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Regency Centers's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.35%.

Regency Centers EBIT Historical Data

The historical data trend for Regency Centers'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.

Regency Centers EBIT Chart

Regency Centers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

332.92

165.44

452.81

599.19

482.93

Regency Centers 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															126.22	115.49	122.99	123.65	145.40

Competitive Comparison of Regency Centers's EBIT

For the REIT - Retail subindustry, Regency Centers'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.

Regency Centers's EV-to-EBIT Distribution in the REITs Industry

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

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

Regency Centers 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 €508 Mil.

Regency Centers (FRA:RRC) EBIT Explanation

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

Regency Centers'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 )
=	478.072 * ( 1 - 0% )	/	( (11236.747	+	11202.188)	/ 2 )
=	478.072	/	11219.4675
=	4.26 %

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	))
=	11395.479	-	328.847	-	( 77.918	-	max(0, 468.231	-	298.116	+	77.918	))
=	11236.747

	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	))
=	11638.831	-	317.07	-	( 206.724	-	max(0, 344.67	-	464.243	+	206.724	))
=	11202.188

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

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

Regency Centers'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 )
=	581.596	/	( ( (306.887 + max(-146.671, 0))	+	(305.873 + max(-123.546, 0)) )	/	2 )
=	581.596	/	( ( 306.887	+	305.873 )	/	2 )
=	581.596	/	306.38
=	189.83 %

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)
=	(159.011	+	0	+	23.165)	-	(328.847	+	0	+	0)
=	-146.671

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(157.669	+	0	+	35.855)	-	(317.07	+	0	+	0)
=	-123.546

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	507.532	/	15139.657
	=	3.35 %

Regency Centers EBIT Related Terms

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

Regency Centers (FRA:RRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Regency Centers Corp (FRA:RRC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

REG:USA RRC:Germany R1EG34:Brazil

Address

One Independent Drive, Suite 114, Jacksonville, FL, USA, 32202-5019

Website

https://www.regencycenters.com

Regency Centers is the largest shopping center-focused retail REIT. The company's portfolio includes an interest in 480 properties, which includes nearly 57 million square feet of retail space following the completion of the Urstadt Biddle acquisition in August 2023. The portfolio is geographically diversified with 22 regional offices and no single market representing more than 14% of total company net operating income. Regency's retail portfolio is primarily composed of grocery-anchored centers, with 80% of properties featuring a grocery anchor and grocery stores representing 20% of annual base rent.