Avid Technology EBIT margin
What is the EBIT margin of Avid Technology?
The EBIT margin of Avid Technology, Inc. is 4.52%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Communication Services sector on NASDAQ compared to Avid Technology
What does Avid Technology do?
behind award-winning films, videos, music recordings, tv shows, live concerts and news broadcasts is avid everywhere — providing content creators with the tools to make, manage, store, distribute and monetize content. the avid mediacentral platform is an open, extensible and customizable foundation that streamlines your entire workflow. it offers four suites: artist, media, storage and studio. the artist suite allows users to create audio, video and graphics with proven and trusted creative tools. with the media suite, users can manage, distribute and monetize media with powerful collaborative systems. the storage suite allows users to capture, store, protect and play media with high-performance systems. and with the studio suite, users can captivate and engage viewers with in-studio and sports enhancement tools. whether you’re in audio and music production, broadcast and media, or video production, avid addresses your key needs and provides a more efficient way of working.
Companies with ebit margin similar to Avid Technology
- Guild Co has EBIT margin of 4.51%
- Live Nation Entertainment Inc has EBIT margin of 4.51%
- Gannett Co has EBIT margin of 4.51%
- Pee Cee Cosma Sope has EBIT margin of 4.51%
- Calumet has EBIT margin of 4.52%
- Park-Ohio has EBIT margin of 4.52%
- Avid Technology has EBIT margin of 4.52%
- Victoria's Secret & Co has EBIT margin of 4.52%
- Mbb Se has EBIT margin of 4.53%
- Kirloskar Oil Engines has EBIT margin of 4.54%
- Cosco (India) has EBIT margin of 4.54%
- Resources Connection Inc has EBIT margin of 4.55%
- WorleyParsons has EBIT margin of 4.55%