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Cross Country Healthcare (Cross Country Healthcare) EBITDA per Share : $2.54 (TTM As of Mar. 2024)


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What is Cross Country Healthcare EBITDA per Share?

Cross Country Healthcare's EBITDA per Share for the three months ended in Mar. 2024 was $0.25. Its EBITDA per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $2.54.

During the past 12 months, the average EBITDA per Share Growth Rate of Cross Country Healthcare was -60.30% per year. During the past 3 years, the average EBITDA per Share Growth Rate was 243.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per Share growth rate using EBITDA per Share data.

The historical rank and industry rank for Cross Country Healthcare's EBITDA per Share or its related term are showing as below:

CCRN' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -44.6   Med: -14.6   Max: 243.4
Current: 243.4

During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of Cross Country Healthcare was 243.40% per year. The lowest was -44.60% per year. And the median was -14.60% per year.

CCRN's 3-Year EBITDA Growth Rate is ranked better than
99.42% of 518 companies
in the Healthcare Providers & Services industry
Industry Median: 11 vs CCRN: 243.40

Cross Country Healthcare's EBITDA for the three months ended in Mar. 2024 was $9 Mil.

During the past 12 months, the average EBITDA Growth Rate of Cross Country Healthcare was -62.50% per year. During the past 3 years, the average EBITDA Growth Rate was 242.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 13 years, the highest 3-Year average EBITDA Growth Rate of Cross Country Healthcare was 242.10% per year. The lowest was -45.40% per year. And the median was -7.90% per year.


Cross Country Healthcare EBITDA per Share Historical Data

The historical data trend for Cross Country Healthcare's EBITDA per Share 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.

Cross Country Healthcare EBITDA per Share Chart

Cross Country Healthcare Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBITDA per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.14 0.09 4.01 7.55 3.65

Cross Country Healthcare Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBITDA per Share 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 1.33 1.07 0.70 0.52 0.25

Cross Country Healthcare EBITDA per Share Calculation

EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Cross Country Healthcare's EBITDA per Share for the fiscal year that ended in Dec. 2023 is calculated as

EBITDA per Share(A: Dec. 2023 )
=EBITDA/Shares Outstanding (Diluted Average)
=129.335/35.476
=3.65

Cross Country Healthcare's EBITDA per Share for the quarter that ended in Mar. 2024 is calculated as

EBITDA per Share(Q: Mar. 2024 )
=EBITDA/Shares Outstanding (Diluted Average)
=8.793/34.597
=0.25

EBITDA per Share 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 $2.54

* 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.


Cross Country Healthcare  (NAS:CCRN) EBITDA per Share Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals EBIT. EBIT is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost, it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies.


Cross Country Healthcare EBITDA per Share Related Terms

Thank you for viewing the detailed overview of Cross Country Healthcare's EBITDA per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Cross Country Healthcare (Cross Country Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
6551 Park of Commerce Boulevard, N.W., Boca Raton, FL, USA, 33487
Cross Country Healthcare Inc is a provider of staffing, recruiting, and workforce solutions to healthcare clients such as private and public hospitals, government facilities, outpatient clinics, ambulatory care facilities, and physician practice groups, among others. The company operates in three business segments: nurse and allied staffing, physician staffing, and search. The nurse and allied staffing segment, which generates a vast majority of revenue, offers temporary and permanent placements of travel and local nurses and allied professionals, and other outsourcing services. The other services offered by the company include physician staffing, search for healthcare executives, and recruitment process outsourcing. The company earns majority of its revenue from the United States.
Executives
Cynthia Ann Grieco officer: VP, Corporate Treasurer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., N.W., BOCA RATON FL 33487
Susan E Ball officer: General Counsel & Asst. Secy 6551 PARK OF COMMERCE BLVD., BOCA RATON FL 33487
Redd James V. Iii officer: Chief Accounting Officer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD, N.W., BOCA RATON FL 33487
William J. Burns officer: Chief Financial Officer C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVENUE, BOCA RATON FL 33487
Marc S. Krug officer: Group President, Delivery C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., N.W., BOCA RATON FL 33487
Mcdonald Colin Patrick officer: SVP, Human Resources C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVENUE, BOCA RATON FL 33487
Dwayne Allen director C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Venkat Bhamidipati director 6220 AMERICA CENTER DRIVE, SAN JOSE CA 95002
W Larry Cash director 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
John Anthony Martins officer: Group Pres., Nurse & Allied C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVE., BOCA RATON FL 33487
Daniel Joseph White officer: Chief Commercial Officer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., N.W., BOCA RATON FL 33487
Joseph Trunfio director C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BOULEVARD, N.W., BOCA RATON FL 33487
Daniele Addis officer: SVP, Business Services C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BOULEVARD, N.W., BOCA RATON FL 33487
Phillip Lyn Noe officer: Chief Information Officer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., BOCA RATON FL 33487
Kevin Cronin Clark director, officer: President, CEO C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVE., BOCA RATON FL 33487