Kobenhavns Lufthavne (OCSE:KBHL) EBIT : kr815 Mil (TTM As of Mar. 2024)

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What is Kobenhavns Lufthavne EBIT?

Kobenhavns Lufthavne's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was kr162 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was kr815 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kobenhavns Lufthavne's annualized ROC % for the quarter that ended in Mar. 2024 was 3.31%. Kobenhavns Lufthavne's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kobenhavns Lufthavne's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.75%.

Kobenhavns Lufthavne EBIT Historical Data

The historical data trend for Kobenhavns Lufthavne'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.

Kobenhavns Lufthavne EBIT Chart

Kobenhavns Lufthavne Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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1,429.40

-731.30

-542.00

404.00

656.00

Kobenhavns Lufthavne 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															-2.00	239.00	375.00	39.00	162.00

Competitive Comparison of Kobenhavns Lufthavne's EBIT

For the Airports & Air Services subindustry, Kobenhavns Lufthavne'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.

Kobenhavns Lufthavne's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kobenhavns Lufthavne's EV-to-EBIT distribution charts can be found below:

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

Kobenhavns Lufthavne 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 kr815 Mil.

Kobenhavns Lufthavne (OCSE:KBHL) EBIT Explanation

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

Kobenhavns Lufthavne'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 )
=	676 * ( 1 - 22.45% )	/	( (15839	+	15881)	/ 2 )
=	524.238	/	15860
=	3.31 %

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	))
=	15520	-	766	-	( 42	-	max(0, 1667	-	582	+	42	))
=	15839

	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	))
=	15744	-	691	-	( 72	-	max(0, 1587	-	759	+	72	))
=	15881

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

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

Kobenhavns Lufthavne'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 )
=	648	/	( ( (13239 + max(-802, 0))	+	(13290 + max(-574, 0)) )	/	2 )
=	648	/	( ( 13239	+	13290 )	/	2 )
=	648	/	13264.5
=	4.89 %

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)
=	(389	+	0	+	69)	-	(766	+	0	+	494)
=	-802

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(512	+	0	+	116)	-	(691	+	0	+	511)
=	-574

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	815	/	46445.487
	=	1.75 %

Kobenhavns Lufthavne EBIT Related Terms

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Kobenhavns Lufthavne (OCSE:KBHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kobenhavns Lufthavne (OCSE:KBHL) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

KLH:Germany

Address

Lufthavnsboulevarden 6, Kastrup, DNK, 2770

Website

https://www.cph.dk

Kobenhavns Lufthavne formerly Copenhagen Airports A/S owns and operates Airports in Denmark. The company manages the infrastructure, buildings, and other services in the Kastrup and Roskilde airports. Copenhagen Airports divides its activities into two segments; Aeronautical and Non-aeronautical. Its majority of revenues are derived from the Aeronautical segment which comprises the operations and functions that the airports at Kastrup and Roskilde make available so that airlines can operate their flights, including facilities required for passengers to pass through these airports. The Non-aeronautical segment comprises the other facilities and services provided at the airports for passengers and others, including car-parking facilities, shops, restaurants, rest areas, lounges, and hotels.

Kobenhavns Lufthavne (OCSE:KBHL) Headlines

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