Fitbit EBIT

Fitbit (FIT) currently reports a EBIT of $-380M as of October 2020. That compares with $-190M in the prior-year period — down 96.8% year over year. That is below the Technology sector average of $12T. Use the charts on this page to explore Fitbit's EBIT history and peer comparisons.

Fitbit's EBIT decreased from $-190M to $-380M — a 96.8% year-over-year decrease (period ending October 2020). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Fitbit's EBIT of $-380M is lower than the Technology sector average of $12T. That is roughly 100.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Fitbit reported $-380M in EBIT as of October 2020. That compares with $-190M in the prior-year period — down 96.8% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current EBIT of $-380M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is $12T. From there, open related valuation or income-statement pages for Fitbit, and consider following FIT for alerts when major investors trade the stock.