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Gen Digital (Gen Digital) EBIT : $1,084 Mil (TTM As of Dec. 2023)


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What is Gen Digital EBIT?

Gen Digital's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $346 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $1,084 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gen Digital's annualized ROC % for the quarter that ended in Dec. 2023 was 6.34%. Gen Digital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1,235.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gen Digital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.04%.


Gen Digital EBIT Historical Data

The historical data trend for Gen Digital'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.

Gen Digital EBIT Chart

Gen Digital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.00 1,015.00 1,016.00 1,168.00 1,205.00

Gen Digital 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 370.00 332.00 374.00 32.00 346.00

Competitive Comparison of Gen Digital's EBIT

For the Software - Infrastructure subindustry, Gen Digital'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.


Gen Digital's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Gen Digital's EV-to-EBIT distribution charts can be found below:

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



Gen Digital 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 $1,084 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.


Gen Digital  (NAS:GEN) EBIT Explanation

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

Gen Digital'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 )
=1348 * ( 1 - 20.44% )/( (17287 + 16566)/ 2 )
=1072.4688/16926.5
=6.34 %

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:

Gen Digital'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 )
=1384/( ( (114 + max(-1944, 0)) + (110 + max(-2039, 0)) )/ 2 )
=1384/( ( 114 + 110 )/ 2 )
=1384/112
=1,235.71 %

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)
=(147 + 0 + 175) - (508 + 1599 + 159)
=-1944

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(160 + 0 + 173) - (559 + 1666 + 147)
=-2039

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1084/21513.169
=5.04 %

* 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.


Gen Digital EBIT Related Terms

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Gen Digital (Gen Digital) Business Description

Traded in Other Exchanges
Address
60 E. Rio Salado Parkway, Suite 1000, Tempe, AZ, USA, 85281
Gen is a cybersecurity pure-play that offers security, identity protection, and privacy solutions to individual consumers. The firm's cyber safety offerings, via brands such as Norton, Avast, and LifeLock, have long maintained their positions as some of the most recognizable consumer-focused security and identity-protection products.
Executives
Ondrej Vlcek officer: President 110 HIGH HOLBORN, LONDON X0 WC1V 6JS
Natalie Marie Derse officer: CFO 60 E RIO SALADO PARKWAY, SUITE 1000, TEMPE AZ 85281
Pavel Baudis director 110 HIGH HOLBORN, LONDON X0 WC1V 6JS
Peter A Feld director 201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
Emily Heath director 60 E RIO SALADO PARKWAY, SUITE 1000, TEMPE AZ 85281
Sherrese M Smith director C/O CABLE ONE, INC., 210 E EARLL DRIVE, PHOENIX AZ 85012
Matthew Charles Brown officer: VP, Finance & CAO 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Samir Kapuria officer: EVP, Cyber Security Services 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Eric Brandt director C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Bryan Seuk Ko officer: EVP, General Counsel and Secre 80 E RIO SALADO PARKWAY, SUITE 1000, TEMPE AZ 85281
Nora Denzel director C/O OVERLAND STORAGE, INC., 4820 OVERLAND AVENUE, SAN DIEGO CA 92123
Slp Iv Seal Ii Gp, L.l.c. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp Iv Seal Ii Holdings, L.p. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Vincent Pilette officer: EVP, Finance 303 VELOCITY WAY, FOSTER CITY CA 94404
Gregory S. Clark director, officer: CEO EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626

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