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Welbilt (Welbilt) EBIT : $156 Mil (TTM As of Mar. 2022)


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What is Welbilt EBIT?

Welbilt's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2022 was $10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2022 was $156 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Welbilt's annualized ROC % for the quarter that ended in Mar. 2022 was 7.09%. Welbilt's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was 6.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Welbilt's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was 3.22%.


Welbilt EBIT Historical Data

The historical data trend for Welbilt'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.

Welbilt EBIT Chart

Welbilt Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 208.30 183.50 173.00 67.70 174.10

Welbilt Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 4.30 47.30 52.20 46.10 9.90

Competitive Comparison of Welbilt's EBIT

For the Specialty Industrial Machinery subindustry, Welbilt'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.


Welbilt's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Welbilt's EV-to-EBIT distribution charts can be found below:

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



Welbilt 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $156 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.


Welbilt  (NYSE:WBT) EBIT Explanation

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

Welbilt's annualized ROC % for the quarter that ended in Mar. 2022 is calculated as:

ROC % (Q: Mar. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2021 ) + Invested Capital (Q: Mar. 2022 ))/ count )
=92.4 * ( 1 - -50% )/( (1886.8 + 2022.9)/ 2 )
=138.6/1954.85
=7.09 %

where

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

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

Welbilt's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2021  Q: Mar. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=39.6/( ( (179.8 + max(210.8, 0)) + (144.5 + max(732.5, 0)) )/ 2 )
=39.6/( ( 390.6 + 877 )/ 2 )
=39.6/633.8
=6.25 %

where Working Capital is:

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(220.5 + 294.4 + 59) - (256.6 + 16.5 + 90)
=210.8

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(184.5 + 289.9 + 628.3) - (206.7 + 13.8 + 149.7)
=732.5

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2022 )
=155.5/4821.856
=3.22 %

* 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.


Welbilt EBIT Related Terms

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Welbilt (Welbilt) Business Description

Traded in Other Exchanges
N/A
Address
2227 Welbilt Boulevard, New Port Richey, FL, USA, 34655
Welbilt Inc is engaged in the designing, manufacturing and supplying of equipment for the commercial foodservice market which is used by commercial and institutional foodservice operators including full-service restaurants, quick-service restaurant chains, hotels, resorts, cruise ships, caterers, supermarkets, convenience stores, hospitals, schools, and other institutions. The group offers various products such as grills, induction cookers braising pans, steamers, and others under the brand name such as Cleveland, Convotherm, Delfield, Frymaster, and others. The firm's geographical segments include Americas, EMEA, and APAC. It generates a majority of its revenue from the Americas.
Executives
Joan Kai Chow director 215 W DIEHL ROAD, NAPERVILLE IL 60563
William Johnson director, officer: President and CEO 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Andrew Langham director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Janice L Fields director 800 NORTH LINDBERGH BLVD., ST. LOUIS MO 63167
Joel H. Horn officer: EVP, Gen Counsel and Corp Secy 2227 WELBILT BOULEVARD NEW PORT RICHEY FL 34655
Brian R Gamache director
Cynthia M Egnotovich director
Martin D. Agard officer: EVP Chief Financial Officer 3000 JOHN DEERE ROAD, TOANO VA 23168
Kimberly Ann Perez officer: VP, Chief Accounting Officer 4211 W. BOY SCOUT BLVD. TAMPA FL 33607
Richard James Sheffer officer: VP, IR, Risk Mgmt, Treasurer MANITOWOC FOODSERVICE INC. 2227 WELBILT BLVD. NEW PORT RICHEY FL 34655
Dino J Bianco director C/O KRAFT FOODS GROUP, THREE LAKES DRIVE, NORTHFIELD IL 60093
Jennifer Gudenkauf officer: EVP & CHRO 2227 WELBILT BLVD NEW PORT RICHEY FL 34655
Richard N. Caron officer: SVP Innovation MANITOWOC FOODSERVICE INC 2227 WELBILT BLVD NEW PORT RICHEY FL 34655
Josef Matosevic officer: SVP Chief Operating Officer 1500 WEST UNIVERSITY PARKWAY, SARASOTA FL 34243
Jamie E Palm officer: VP, Corp Controller, CAO 1725 SHEPHERD ROAD, CHATTANOOGA TN 37421

Welbilt (Welbilt) Headlines

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