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WestRock Co (WestRock Co) EBIT : $909 Mil (TTM As of Mar. 2024)


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What is WestRock Co EBIT?

WestRock Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $143 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $909 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. WestRock Co's annualized ROC % for the quarter that ended in Mar. 2024 was 8.55%. WestRock Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. WestRock Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.12%.


WestRock Co EBIT Historical Data

The historical data trend for WestRock Co'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.

WestRock Co EBIT Chart

WestRock Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,634.10 -57.10 1,504.80 1,594.40 -1,169.50

WestRock Co 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 -1,987.30 412.30 231.50 122.50 143.10

Competitive Comparison of WestRock Co's EBIT

For the Packaging & Containers subindustry, WestRock Co'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.


WestRock Co's EV-to-EBIT Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, WestRock Co's EV-to-EBIT distribution charts can be found below:

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



WestRock Co 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 $909 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.


WestRock Co  (NYSE:WRK) EBIT Explanation

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

WestRock Co'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 )
=806.4 * ( 1 - -156.25% )/( (24098.9 + 24251.3)/ 2 )
=2066.4/24175.1
=8.55 %

where

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

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

WestRock Co'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 )
=572.4/( ( (11230.2 + max(2151.5, 0)) + (11240.7 + max(2428.7, 0)) )/ 2 )
=572.4/( ( 13381.7 + 13669.4 )/ 2 )
=572.4/13525.55
=4.23 %

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)
=(2439.9 + 2391.3 + 826.8) - (2159.2 + 0 + 1347.3)
=2151.5

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2583.7 + 2328.4 + 936.5) - (2138 + 0 + 1281.9)
=2428.7

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=909.4/22097.757
=4.12 %

* 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.


WestRock Co EBIT Related Terms

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WestRock Co (WestRock Co) Business Description

Traded in Other Exchanges
Address
1000 Abernathy Road, North East, Atlanta, GA, USA, 30328
WestRock manufactures corrugated packaging and consumer packaging, such as folding cartons and paperboard. After the merger of RockTenn and MeadWestvaco in fall 2015, WestRock became the largest North American producer of solid bleached sulfate and the second-largest producer of containerboard, which is used in the production of shipping containers.
Executives
Currey M Russell director PO BOX 4098, NORCROSS GA 30091
John L O'neal officer: President, Global Paper 1155 PERIMETER CENTER WEST, ATLANTA GA 30338
James E Nevels director C/O TASTY BAKING COMPANY, NAVY YARD CORP. CTR., THREE CRESCENT DR., PHILADELPHIA PA 19112
Samuel W. Shoemaker officer: President, Consumer Packaging 1000 ABERNATHY ROAD NE, SUITE 125, ATLANTA GA 30328
Dmitri L Stockton director 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Thomas Stigers officer: President, Mill Operations 1000 ABERNATHY ROAD NE, SUITE 125, ATLANTA GA 30328
Denise R Singleton officer: EVP, GC and Secretary 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Jean Savage director 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
David B Sewell officer: Chief Executive Officer 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Alexander W Pease officer: Chief Financial Officer 5605 CARNEGIE BOULEVARD, SUTIE 500, CHARLOTTE NC 28209
Patrick M. Kivits officer: Pres, Consumer PKG 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Peter C Durette officer: President, Corrugated Pkg. MEADWESTVACO, 501 SOUTH 5TH STREET, RICHMOND VA 23219-0501
Jeffrey Wayne Chalovich officer: President - Corrugated Pkging 504 THRASHER STREET, NORCROSS GA 30071
Steven C Voorhees director, officer: CEO - President 214 N TRYON STREET, CHARLOTTE NC 28202
Patrick Edward Lindner officer: President, Consumer Packaging 501 SOUTH 5TH STREET, RICHMOND VA 23219

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