RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Eastern Company EBIT 2024

Eastern Company EBIT

15.18 M USD

Eastern Company Dividend yield

1.62 %

Ticker

EML

ISIN

US2763171046

WKN

939208

In 2024, Eastern Company's EBIT was 15.18 M USD, a 1.9% increase from the 14.9 M USD EBIT recorded in the previous year.

The Eastern Company EBIT history

YEAREBIT (undefined USD)
202315.18
202214.9
202117.4
202015.1
201920.2
201817.9
201712.3
201611.1
20158
201411.7
201310.4
201213.6
20118.7
20108.5
20093.6
20087
200715.9
200615.8
20058
20047.9

Eastern Company Aktienanalyse

What does Eastern Company do?

Eastern Co is an American company headquartered in Naugatuck, Connecticut. It was founded in 1858 by Seth Atwood as the Atwood Manufacturing Company and its main products were carriages, horse-drawn sleighs, and other horse harnesses. In 1900, the company changed its name to Eastern Manufacturing Company and began producing sliding doors and carriage housings. In the 1920s, Eastern started manufacturing products for the automotive market, particularly steel body parts to reinforce car bodies. In the 1930s, the company further expanded and started manufacturing autonomous curve light systems, as well as reflectors and other safety equipment. During World War II, Eastern was a major supplier of components and parts for the defense industry. After the war, Eastern specialized in various industries such as electrical and telecommunications systems, as well as steel manufacturing and processing. Eastern's current business model is to provide innovative products, services, and solutions to meet customer needs. Eastern has four main divisions: Industrial Hardware, Security Products, Metal Products, and Gears. Eastern takes pride in being recognized worldwide and constantly strives to improve its products and tailor them to customer requirements. The Industrial Hardware division offers several products including hardware, fasteners, locking systems, and die-cast parts. These are used in various industries such as automotive, healthcare, aviation, and construction. The Security Products division includes alarm and security systems, locking systems, door systems, and access controls. It benefits mainly from the growing demand for security solutions and is a key supplier to the construction, trade, and food industries. The Metal Products division is a leading manufacturer of stainless steel products, including screws, nuts, emergency lighting, reflectors, and other lighting solutions. It also provides custom services such as metal cutting and bending. The Gears division manufactures gear products used in various industries such as aerospace, defense, power supply, and automotive. It offers both standardized and custom solutions to meet the different requirements of its customers. Eastern is known for its innovative products and services, which are characterized by high quality, durability, and reliability. The company is committed to always providing the best solutions to its customers and works intensively to improve its work processes, products, and services. The company has a clear vision and mission, which are to create a dynamic by continuously bringing innovative products to the market. Eastern's vision is to be a leader in providing safe, high-quality, and innovative products. The company has extensive experience in manufacturing high-quality products and continues to strive to provide the best solutions to its customers. Eastern Company ist eines der beliebtesten Unternehmen auf Eulerpool.com.

EBIT Details

Analyzing Eastern Company's EBIT

Eastern Company's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of Eastern Company's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

Eastern Company's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in Eastern Company’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about Eastern Company Stock

How much did Eastern Company achieve in EBIT for the current year?

In the current year, Eastern Company has achieved an EBIT of 15.18 M USD.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company Eastern Company.

How has the EBIT of Eastern Company developed in recent years?

The EBIT of Eastern Company has increased by 1.902% increased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company Eastern Company?

The EBIT of Eastern Company is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

How much dividend does Eastern Company pay?

Over the past 12 months, Eastern Company paid a dividend of 0.44 USD . This corresponds to a dividend yield of about 1.62 %. For the coming 12 months, Eastern Company is expected to pay a dividend of 0.44 USD.

What is the dividend yield of Eastern Company?

The current dividend yield of Eastern Company is 1.62 %.

When does Eastern Company pay dividends?

Eastern Company pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Eastern Company?

Eastern Company paid dividends every year for the past 20 years.

What is the dividend of Eastern Company?

For the upcoming 12 months, dividends amounting to 0.44 USD are expected. This corresponds to a dividend yield of 1.62 %.

In which sector is Eastern Company located?

Eastern Company is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Eastern Company kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Eastern Company from 6/17/2024 amounting to 0.11 USD, you needed to have the stock in your portfolio before the ex-date on 5/14/2024.

When did Eastern Company pay the last dividend?

The last dividend was paid out on 6/17/2024.

What was the dividend of Eastern Company in the year 2023?

In the year 2023, Eastern Company distributed 0.44 USD as dividends.

In which currency does Eastern Company pay out the dividend?

The dividends of Eastern Company are distributed in USD.

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Andere Kennzahlen von Eastern Company

Our stock analysis for Eastern Company Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Eastern Company Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.