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Aeroports de Paris (WBO:ADPA) EBIT : €1,294 Mil (TTM As of Dec. 2023)


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What is Aeroports de Paris EBIT?

Aeroports de Paris's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €848 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €1,294 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aeroports de Paris's annualized ROC % for the quarter that ended in Dec. 2023 was 6.42%. Aeroports de Paris's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 19.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aeroports de Paris's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.35%.


Aeroports de Paris EBIT Historical Data

The historical data trend for Aeroports de Paris'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.

Aeroports de Paris EBIT Chart

Aeroports de Paris Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,088.00 -1,511.00 25.00 1,012.00 1,294.00

Aeroports de Paris Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 145.00 350.00 662.00 446.00 848.00

Competitive Comparison of Aeroports de Paris's EBIT

For the Airports & Air Services subindustry, Aeroports de Paris'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.


Aeroports de Paris's EV-to-EBIT Distribution in the Transportation Industry

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

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



Aeroports de Paris 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €1,294 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.


Aeroports de Paris  (WBO:ADPA) EBIT Explanation

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

Aeroports de Paris's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=1412 * ( 1 - 17.16% )/( (17791 + 18629)/ 2 )
=1169.7008/18210
=6.42 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Aeroports de Paris's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1696/( ( (8342 + max(-768, 0)) + (8656 + max(-1340, 0)) )/ 2 )
=1696/( ( 8342 + 8656 )/ 2 )
=1696/8499
=19.96 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1113 + 127 + 452) - (1348 + 0 + 1112)
=-768

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1028 + 115 + 431) - (1143 + 0 + 1771)
=-1340

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Aeroports de Paris's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1294/20380.403
=6.35 %

* 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.


Aeroports de Paris EBIT Related Terms

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Aeroports de Paris (WBO:ADPA) Business Description

Address
1 rue de France, Tremblay- en- France, Paris, FRA, 93 290
ADP is a French airport operator. The group owns the three major commercial airports in Paris (Charles de Gaulle, Orly and Paris-Le Bourget) and has stakes in several international airports, including a portfolio of Turkish Airports, through its holding of TAV Airports, and a 31% indirect stake in Indian airports New Delhi and Hyderabad through its recent acquisition of GMR Airports. The group generates regulated and nonregulated revenue. Regulated revenue includes fees collected from takeoff and landing, passenger fees and security, whereas nonregulated revenue stems from commercial activities such as retail, food and beverage and advertising sales. In 2019, the group catered to 108 million passengers through its Parisian airport network.

Aeroports de Paris (WBO:ADPA) Headlines

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