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Peakstone Realty Trust (Peakstone Realty Trust) EBIT : $-543.9 Mil (TTM As of Mar. 2024)


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What is Peakstone Realty Trust EBIT?

Peakstone Realty Trust's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $21.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-543.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Peakstone Realty Trust's annualized ROC % for the quarter that ended in Mar. 2024 was 2.47%. Peakstone Realty Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 254.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Peakstone Realty Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -36.41%.


Peakstone Realty Trust EBIT Historical Data

The historical data trend for Peakstone Realty Trust'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.

Peakstone Realty Trust EBIT Chart

Peakstone Realty Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 110.60 73.87 96.66 -356.57 -539.48

Peakstone Realty Trust 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 26.03 -436.34 -123.82 -5.36 21.62

Competitive Comparison of Peakstone Realty Trust's EBIT

For the REIT - Office subindustry, Peakstone Realty Trust'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.


Peakstone Realty Trust's EV-to-EBIT Distribution in the REITs Industry

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

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



Peakstone Realty Trust 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 $-543.9 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.


Peakstone Realty Trust  (NYSE:PKST) EBIT Explanation

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

Peakstone Realty Trust'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 )
=57.464 * ( 1 - 0% )/( (2360.465 + 2284.341)/ 2 )
=57.464/2322.403
=2.47 %

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))
=2789.625 - 37.358 - ( 391.802 - max(0, 78.024 - 514.493+391.802))
=2360.465

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))
=2753.76 - 33.168 - ( 436.251 - max(0, 63.779 - 518.54+436.251))
=2284.341

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

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

Peakstone Realty Trust'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 )
=86.472/( ( (33.736 + max(-18.605, 0)) + (34.172 + max(-44.971, 0)) )/ 2 )
=86.472/( ( 33.736 + 34.172 )/ 2 )
=86.472/33.954
=254.67 %

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)
=(0 + 0 + 59.419) - (37.358 + 9.71 + 30.956)
=-18.605

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 18.808) - (33.168 + 8.279 + 22.332)
=-44.971

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:

Peakstone Realty Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-543.894/1493.805
=-36.41 %

* 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.


Peakstone Realty Trust EBIT Related Terms

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Peakstone Realty Trust (Peakstone Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
1520 E. Grand Avenue, El Segundo, CA, USA, 90245
Peakstone Realty Trust is an internally managed, publicly registered real estate investment trust (REIT) that owns and operates predominately single-tenant industrial and office properties with creditworthy tenants and long-term leases. Peakstone's portfolio consists of newer vintage, and well-located real estate assets totaling approximately 19 million square feet across 24 states in majorly high-growth coastal and sunbelt markets.
Executives
Casey R Wold director C/O CONSOLIDATED-TOMOKA LAND CO., PO BOX 10809, DAYTONA BEACH FL 32120
Carrie Dewees director C/O PEAKSTONE REALTY TRUST, 1520 E. GRAND AVE, EL SEGUNDO CA 90245
James F Risoleo director
Richard H Dozer director VIAD CORP, 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
P Anthony Nissley director 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Mark Chrisman officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Travis W Bushman officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Craig J Phillips officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Bryan Yamasawa officer: See Remarks 1520 EAST GRAND AVENUE, EL SEGUNDO CA 90245
David J Congdon officer: See Remarks 1520 EAST GRAND AVENUE, EL SEGUNDO CA 90245
Nina M Sitzer officer: See Remarks 1520 EAST GRAND AVENUE, EL SEGUNDO CA 90245
Ranjit M Kripalani director 815 JOHN STREET, MANHATTAN BEACH CA 90266
Scott A Tausk officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Louis K Sohn officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Javier F Bitar officer: Chief Financial Officer 333 S. GRAND AVE STE 400, LOS ANGELES CA 90071

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