South Jersey Industries (South Jersey Industries) EBIT : $350 Mil (TTM As of Sep. 2022)

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What is South Jersey Industries EBIT?

South Jersey Industries's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $350 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. South Jersey Industries's annualized ROC % for the quarter that ended in Sep. 2022 was 0.82%. South Jersey Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was 0.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. South Jersey Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was 4.29%.

South Jersey Industries EBIT Historical Data

The historical data trend for South Jersey Industries'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.

South Jersey Industries EBIT Chart

South Jersey Industries Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

EBIT

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19.88

103.15

205.41

290.20

353.71

South Jersey Industries Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
EBIT	Get a 7-Day Free Trial															-6.75	146.36	201.20	-9.26	11.98

Competitive Comparison of South Jersey Industries's EBIT

For the Utilities - Diversified subindustry, South Jersey Industries'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.

South Jersey Industries's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, South Jersey Industries's EV-to-EBIT distribution charts can be found below:

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

South Jersey Industries 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $350 Mil.

South Jersey Industries (NYSE:SJI) EBIT Explanation

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

South Jersey Industries's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

	ROC % (Q: Sep. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Sep. 2022 ))	/ count )
=	45.6 * ( 1 - -37.7% )	/	( (7576.825	+	7679.641)	/ 2 )
=	62.7912	/	7628.233
=	0.82 %

where

	Invested Capital		(Q: Jun. 2022 )
=	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	))
=	7660.601	-	494.56	-	( 53.472	-	max(0, 1119.399	-	708.615	+	53.472	))
=	7576.825

	Invested Capital		(Q: Sep. 2022 )
=	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	))
=	7917.948	-	560.46	-	( 52.763	-	max(0, 1086.558	-	764.405	+	52.763	))
=	7679.641

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

South Jersey Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Sep. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	47.936	/	( ( (5113.61 + max(-76.674, 0))	+	(5298.296 + max(-123.841, 0)) )	/	2 )
=	47.936	/	( ( 5113.61	+	5298.296 )	/	2 )
=	47.936	/	5205.953
=	0.92 %

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(378.095	+	71.248	+	228.406)	-	(494.56	+	32.492	+	227.371)
=	-76.674

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(352.437	+	120.902	+	255.103)	-	(560.46	+	51.458	+	240.365)
=	-123.841

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

South Jersey Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	350.295	/	8168.029
	=	4.29 %

South Jersey Industries EBIT Related Terms

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South Jersey Industries (South Jersey Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » South Jersey Industries Inc (NYSE:SJI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 South Jersey Plaza, Folsom, NJ, USA, 08037

Website

https://www.sjindustries.com

South Jersey Industries Inc is a New Jersey holding company that acquires and develops utility companies. Through its many subsidiaries, SJI is primarily involved in transmitting, distributing, and selling natural gas and electricity in the mid-Atlantic U.S. The company segments its operations into gas utility operations and energy group businesses. The majority of SJI's total revenue comes from its gas utility operations, which encompasses the company's principal subsidiary: South Jersey Gas. SJG purchases, transmit, and sells natural gas primarily for residential consumers in southern New Jersey. The energy group also represents a significant income stream through its wholesale energy and retail electric services.

Executives

G Edison Holland	director	270 PEACHTREE ST NW BIN 910, ATLANTA GA 30303
Kevin M. O'dowd	director	1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Eric Moss Stein	officer: SVP, General Counsel	1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Leonard Jr Brinson	officer: SVP, Chief Information Officer	1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Karen L Phillips	officer: SVP, Human Resources	1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Christopher Paladino	director	1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Sheila Hartnett-devlin	director, Director	SOUTH JERSEY INDUSTRIES, 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Sunita Holzer	director	SOUTH JERSEY INDUSTRIES, 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Kathleen D Larkin	officer: SVP & CHRO	1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Cielo Hernandez	officer: SVP & CFO	C/O XL FLEET CORP., 145 NEWTON STREET, BOSTON MA 02135
Ann T Anthony	officer: Treasurer	1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Walter M Higgins	director	SOUTH JERSEY INDUSTRIES, 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Michael J Renna	officer: Vice President	1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Melissa Orsen	officer: SVP & General Counsel	1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Steven R Cocchi	officer: SVP, Strategy & Growth	1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037