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Hibbett (Hibbett) EBIT : $137 Mil (TTM As of Jan. 2024)


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What is Hibbett EBIT?

Hibbett's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $41 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $137 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hibbett's annualized ROC % for the quarter that ended in Jan. 2024 was 16.40%. Hibbett's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 22.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hibbett's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 9.99%.


Hibbett EBIT Historical Data

The historical data trend for Hibbett'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.

Hibbett EBIT Chart

Hibbett Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.34 98.52 228.21 168.54 137.39

Hibbett Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 50.81 45.91 16.02 34.48 40.97

Competitive Comparison of Hibbett's EBIT

For the Apparel Retail subindustry, Hibbett'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.


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

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

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



Hibbett 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $137 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.


Hibbett  (NAS:HIBB) EBIT Explanation

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

Hibbett's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=162.432 * ( 1 - 21.93% )/( (777.61 + 769.06)/ 2 )
=126.8106624/773.335
=16.40 %

where

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

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

Hibbett's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=163.888/( ( (447.705 + max(294.947, 0)) + (466.541 + max(266.553, 0)) )/ 2 )
=163.888/( ( 742.652 + 733.094 )/ 2 )
=163.888/737.873
=22.21 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.136 + 398.106 + 28.408) - (143.703 + 0 + 0)
=294.947

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16.743 + 344.294 + 24.448) - (118.932 + 0 + 0)
=266.553

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=137.385/1374.715
=9.99 %

* 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.


Hibbett EBIT Related Terms

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Hibbett (Hibbett) Business Description

Traded in Other Exchanges
Address
2700 Milan Court, Birmingham, AL, USA, 35211
Hibbett Inc is engaged in the retail of sports goods. The company operates small to midsize stores and focuses its business on the South, Southwest, mid-Atlantic, and Midwest areas of the country. It offers a broad range of sporting goods, including apparel, footwear, accessories, and equipment needed for team sports, with brands such as Nike, Under Armour, Adidas, The North Face, Jordan, Costa, and others. The company consists of three kinds of stores: Hibbett Sports, the company's primary retail format stores, accounting for most of the company's total stores, City Gear, and Sports Additions, smaller-format stores primarily offering athletic footwear with a fashion-based style.
Executives
William G Quinn officer: SVP Digital Commerce 2700 MILAN COURT, BIRMINGHAM AL 35211
Ronald P Blahnik officer: SVP and CIO 2700 MILAN COURT, BIRMINGHAM AL 35211
Mark Anthony Gunn officer: SVP, CHRO 2700 MILAN COURT, BIRMINGHAM AL 35211
David Mitchell Benck officer: SVP General Counsel 2700 MILAN COURT, BIRMINGHAM AL 35211
James A Hilt director 1 EXPRESS DRIVE, COLUMBUS OH 43230
Dorlisa K Flur director POST OFFICE BOX 1017, CHARLOTTE NC 28201-1017
Pamela J Edwards director 104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Ramesh Chikkala director 2700 MILAN COURT, BIRMINGHAM AL 35211
Jonalin S. Smith other: SVP Merchandising 2700 MILAN COURT, BIRMINGHAM AL 35211
Michael C. Mcabee other: SVP Supply Chain, Store Dev 2700 MILAN COURT, BIRMINGHAM AL 35211
Anthony F Crudele director TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Michael E Longo director, officer: President and CEO
Alton E Yother director
Benjamin Ashley Knighten officer: SVP Operations 2700 MILAN COURT, BIRMINGHAM AL 35211
Linda Hubbard director 2700 MILAN COURT, BIRMINGHAM AL 35211