Wright Medical Group NV EBIT

Wright Medical Group NV posts a EBIT of $-130M as of September 2020. That compares with $-180M in the prior-year period — up 26.4% year over year. That is below the Healthcare sector average of $23B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Wright Medical Group NV's EBIT was $-180M. The latest reading is $-130M — a 26.4% year-over-year increase (period ending September 2020). Use the history and growth charts on this page for a longer lookback.

For Healthcare stocks, a EBIT near $23B is typical. Wright Medical Group NV's $-130M is lower that level. That is roughly 100.6% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

EBIT is one piece of Wright Medical Group NV's financial statement story. At $-130M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for WMGI's EBIT usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $23B), and (3) consistency with growth and profitability. This page covers the first two; Wright Medical Group NV's other metric pages and overview cover the third.