BackMichaels Companies Overview

Michaels Companies EBIT

Latest ebit for MIK: $560M, below the Consumer Discretionary sector average of $150B.

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Quarterly EBIT

$361.44M
31.45% YoY

As of Jan 30, 2021

Annual EBIT (TTM)

$562.38M
0.18% YoY

Trailing 12 months ending Jan 30, 2021

Average EBIT (Comparison Companies)

EBIT History

EBIT Comparison

Annual EBIT Growth Rate (%)

Annual EBIT Growth (Absolute)

Michaels Companies (MIK) FAQ

Michaels Companies (MIK) currently reports a EBIT of $560M as of January 2021. That compares with $560M in the prior-year period — down 0.2% year over year. That is below the Consumer Discretionary sector average of $150B. Use the charts on this page to explore Michaels Companies's EBIT history and peer comparisons.

Michaels Companies's EBIT decreased from $560M to $560M — a 0.2% year-over-year decrease (period ending January 2021). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Michaels Companies's EBIT of $560M is lower than the Consumer Discretionary sector average of $150B. That is roughly 99.6% 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.

Michaels Companies reported $560M in EBIT as of January 2021. That compares with $560M in the prior-year period — down 0.2% 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 $560M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Consumer Discretionary average is $150B. From there, open related valuation or income-statement pages for Michaels Companies, and consider following MIK for alerts when major investors trade the stock.