CIT Inc EBITDA margin
What is the EBITDA margin of CIT Inc?
The EBITDA margin of CIT Group Inc is 50.85%
What is the definition of EBITDA margin?
EBITDA margin is a profitability ratio that measures how much EBITDA the company generates as a percentage of revenue.
ttm (trailing twelve months)
EBITDA margin measures how much of EBITDA is generated as a percentage of sales. It measures the company’s operating profit as a percentage of its revenue and is calculated as EBITDA (earnings before interest, taxes, depreciation, and amortization) divided by total revenue.
EBITDA margin also helps with judging the effectiveness of cost-cutting processes at the company. The higher the company’s EBITDA margin, the lower operating expenses are in respect to revenue. As a result, a higher EBITDA margin is considered more favorable. Smaller companies can have higher EBITDA margins since they are able to operate more efficiently and maximize their profitability.
EBITDA excludes interest on debt, taxes, and capital expenditures, the margin does not provide a perfectly clear estimate of the business’s cash flow generation. Furthermore, EBITDA margin is not recognized as a GAAP (generally accepted accounting principles) metric.
EBITDA margin of companies in the Finance sector on NYSE compared to CIT Inc
What does CIT Inc do?
CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). CIT's commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT's consumer banking segment includes a national direct bank and regional branch network.
Companies with ebitda margin similar to CIT Inc
- Union Pacific has EBITDA margin of 50.74%
- Boardwalk Real Estate Investment Trust has EBITDA margin of 50.76%
- United Utilities Plc has EBITDA margin of 50.77%
- Alexion Pharmaceuticals has EBITDA margin of 50.79%
- Career Point has EBITDA margin of 50.80%
- CRH Medical has EBITDA margin of 50.85%
- CIT Inc has EBITDA margin of 50.85%
- APN Property has EBITDA margin of 50.88%
- APN Property has EBITDA margin of 50.88%
- Essential Utilities Inc has EBITDA margin of 50.88%
- Torex Gold Resources has EBITDA margin of 50.89%
- Torex Gold Resources has EBITDA margin of 50.89%
- BTB Real Estate Investment Trust has EBITDA margin of 50.94%