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DXC Technology Co (LTS:0I6U) EBIT : $407 Mil (TTM As of Mar. 2024)


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What is DXC Technology Co EBIT?

DXC Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-233 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $407 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. DXC Technology Co's annualized ROC % for the quarter that ended in Mar. 2024 was -6.02%. DXC Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -37.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. DXC Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.16%.

DXC Technology Co EBIT Historical Data

The historical data trend for DXC Technology Co'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.

DXC Technology Co EBIT Chart

DXC Technology Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4,845.00 1,015.00 1,345.00 -685.00 407.00

DXC Technology Co 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 -1,100.00 144.00 206.00 290.00 -233.00

Competitive Comparison of DXC Technology Co's EBIT

For the Information Technology Services subindustry, DXC Technology Co'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.

DXC Technology Co's EV-to-EBIT Distribution in the Software Industry

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

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


DXC Technology Co 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 $407 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.

DXC Technology Co  (LTS:0I6U) EBIT Explanation

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

DXC Technology Co'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 )
=-1016 * ( 1 - 36.89% )/( (11163 + 10155)/ 2 )
=-641.1976/10659
=-6.02 %

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))
=14892 - 3159 - ( 1691 - max(0, 4961 - 5531+1691))
=11163

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))
=13871 - 2975 - ( 1224 - max(0, 4394 - 5135+1224))
=10155

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

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

DXC Technology Co'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 )
=-932/( ( (2564 + max(-165, 0)) + (2402 + max(-1750, 0)) )/ 2 )
=-932/( ( 2564 + 2402 )/ 2 )
=-932/2483
=-37.54 %

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)
=(3132 + 0 + 708) - (3159 + 846 + 0)
=-165

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1433 + 0 + 658) - (2975 + 866 + 0)
=-1750

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:

DXC Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=407/6605.010
=6.16 %

* 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.

DXC Technology Co EBIT Related Terms

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DXC Technology Co (LTS:0I6U) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » DXC Technology Co (LTS:0I6U) » Definitions » EBIT
Comparable Companies
PRFT WNS NABL VYX AUR XRX CLVT CNXC GDS TASK ACN NSE:TCS IBM FI NSE:INFY NSE:HCLTECH FIS XPAR:CAP IT CTSH
Traded in Other Exchanges
DXC:USA 2XT:Germany
Address
20408 Bashan Drive, Suite 231, Ashburn, VA, USA, 20147
Website
https://www.dxc.technology
DXC Technology Co is a vendor-independent IT services provider. The company's operating segment includes Global Business Services (GBS) and Global Infrastructure Services (GIS). It generates maximum revenue from the GIS segment. GIS offerings include Cloud and Security; IT Outsourcing and Modern Workplace. Geographically, it derives a majority of revenue from the Other Europe region.

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