EBIT (Historical) Formula in Excel

EBIT (Historical) helps you quickly retrieve a company's historical Earnings Before Interest and Taxes for any given year or quarter using Excel and MarketXLS. This formula streamlines fundamental analysis and saves time by sourcing reliable data directly into your spreadsheets.

Understanding EBIT (Historical)

Earnings Before Interest and Taxes (EBIT) represents the core profitability of a company, excluding its interest expenses and income tax liabilities. Here is why you might use it:

• Performance Analysis: Evaluate how effectively a company generates earnings from its operations.
• Financial Health: Gauge the company's profitability trends over multiple periods.
• Investment Decisions: Compare and contrast across different stocks in a portfolio.

? Pro Tip: Use EBIT (Historical) to track trends over time and identify shifts in profitability, especially when combined with other historical metrics.

Syntax and Parameters

=hf_Earning_Before_Interest_and_Taxes_EBIT(Symbol, year, [quarter], [TTM])

?? Note: This function returns "NA" if the symbol is invalid, the data is unavailable, or if the license/subscription is not valid.

Return Value

• Returns a numeric value representing the EBIT for the selected symbol, period, and frequency.
• Returns "NA" if the data cannot be retrieved or if an error occurs.

Examples and Usage

Below are common ways to call hf_Earning_Before_Interest_and_Taxes_EBIT in Excel:

1. Using a direct symbol and year:

   =hf_Earning_Before_Interest_and_Taxes_EBIT("MSFT", 2022)

   Retrieves the EBIT for Microsoft in the 2022 fiscal year.

2. Specifying a quarter:

   =hf_Earning_Before_Interest_and_Taxes_EBIT("MSFT", 2022, 2)

   Retrieves EBIT for the second calendar quarter of 2022.

3. Including TTM (Trailing Twelve Months):

   =hf_Earning_Before_Interest_and_Taxes_EBIT("MSFT", 2022, 3, "TTM")

   Retrieves EBIT for the trailing twelve months from Q3 2022.

4. Using special keywords for year:

   • Last quarter:

     =hf_Earning_Before_Interest_and_Taxes_EBIT("MSFT", "lq")

   • Last quarter minus one:

     =hf_Earning_Before_Interest_and_Taxes_EBIT("MSFT", "lq-1")

   • Last year:

     =hf_Earning_Before_Interest_and_Taxes_EBIT("MSFT", "ly")

   • Last 12 months (rolling):

     =hf_Earning_Before_Interest_and_Taxes_EBIT("MSFT", "lt")

Date and Symbol Handling

• You can reference a cell for Symbol or year, for instance:

=hf_Earning_Before_Interest_and_Taxes_EBIT(A1, A2)

• For direct date formats or Excel date functions (if needed for advanced referencing), you could adapt the parameters as:

=hf_Earning_Before_Interest_and_Taxes_EBIT("^SPX", TEXT(A1,"yyyy"), 1)

• For other asset classes:

• Options:

  =hf_Earning_Before_Interest_and_Taxes_EBIT("@MSFT 110122C00020000","ly-1")

• Crypto:

  =hf_Earning_Before_Interest_and_Taxes_EBIT("BTCUSD:DEFAULT","lq")

? Pro Tip: Combine EBIT (Historical) with other MarketXLS historical functions (e.g., R & D Expenses, Revenue) to get a more holistic view of the financial statements.

Common Questions

1. What if I get "NA" as a result?

   • Check if your symbol and parameters (e.g., quarter, year) are valid.
   • Ensure you have a subscription plan that includes historical fundamental data.
   • Verify your internet connection.

2. Does it work on weekends or market holidays?

   • Yes. You can retrieve historical data at any time, though real-time data might be unavailable outside trading hours.

3. Are there performance considerations?

   • For large-volume requests or multiple formulas, you may experience slower recalculations.
   • Try running calculations in smaller batches or limiting recalculations to essential cells.

4. Can I apply date logic like '2024-03-15' for the year parameter?

   • Typically, you provide the year (e.g., "2024") or special references. Direct date references for the date logic might need to be converted to the proper format by using Excel functions like TEXT(...).

?? Note: Upgrading your MarketXLS subscription may be necessary to access certain historical fundamental data.

• Related Functions:

  • Revenue (Historical)
  • Cost of Revenue (Historical)
  • Gross Profit (Historical)
  • R & D Expenses (Historical)
  • Selling General and Administrative Expense (Historical)

• Category: Historical Fundamentals