EBITDA CAGR definition

EBITDA CAGR means compound annual growth rate at which Adjusted EBITDA for the final four fully completed fiscal quarters of the Performance Period ("LTM EBITDA") would have grown relative to the Adjusted EBITDA for the 2013 fiscal year ("2013 EBITDA" assuming a steady growth rate, as is calculated at the end of the Performance Period using the following formula: ((LTM EBITDA/2013 EBITDA)Time Period ) - 1, where "Time Period" means a fraction, with a numerator of 4 and a denominator equal to the number of full fiscal quarters completed during the Performance Period.
Sample 1
EBITDA CAGR means the compound annual growth in EBITDA from March 31, 2019 through March 31, 2022, expressed as a percentage, determined by comparing the last twelve months (“LTM”) EBITDA for the period ending March 31, 2022 to the LTM EBITDA for the period ending March 31, 2019. Purely for illustrative purposes, if LTM EBITDA for March 31, 2019 was $300 million, and LTM EBITDA for March 31, 2022 was $400 million, the EBITDA CAGR would be 10.064%.
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EBITDA CAGR means the compound annual five year growth rate in EBITDA during the Term determined using the formula: EBITDA CAGR = (Ending Year EBITDA/Base Year EBITDA)^(1/5)-1.
Sample 1Sample 2Sample 3

Examples of EBITDA CAGR in a sentence

  • A reconciliation of our Adjusted EBITDA guidance for 2018, and our Adjusted EBITDA CAGR for 2015-2018, to a EU IFRS measure is not provided as not all elements of the reconciliation are projected as part of our forecasting process, as certain items may vary significantly from one period to another.

  • A reconciliation of our Adjusted EBITDA guidance for 2017, and our Adjusted EBITDA CAGR for 2015-2018, to a EU IFRS measure is not provided as not all elements of the reconciliation are projected as part of our forecasting process, as certain items may vary significantly from one period to another.

  • In the table above, the number and market value of shares that vest based on EBITDA CAGR reflect maximum performance, because Hilton Parent’s actual performance during the performance periods that have elapsed through December 31, 2015 was between target and maximum, and target performance for shares that vest based on Relative TSR, because Hilton Parent’s actual performance during the performance periods that have elapsed through December 31, 2015 was between threshold and target.

  • Performance shares vest according to EBITDA CAGR and Relative TSR at the end of a three-year performance period.

  • This strategy is expected to deliver a 2011-2014 Volume in unit cases CAGR of 2,3%, EBITDA CAGR of 2,7%, and EPS CAGR of 3,26 %.

  • Action has delivered EBITDA CAGR growth in excess of 30% p.a. since 3i’s investment in 2011.

  • NM Company LTM EBITDA Growth Company 2012 to 2014 Projected EBITDA CAGR Company NWC as % of LTM Revenue MindTree Limited 34.4% Chinasoft International Ltd.

  • Kursh did not explain sufficiently why he would not expect management to be compensated with LTIP payments when his models projected strong performance, e.g., a 2009–2013 EBITDA CAGR of 16.5%.

  • From FY2015 to FY2017, the Group delivered EBITDA CAGR of 30.6 per cent.

  • For purposes of determining EBITDA CAGR as of any Vesting Date, the base EBITDA shall be the 0000 XXXXXX.


More Definitions of EBITDA CAGR

EBITDA CAGR for each EBITDA Measurement Date is equal to:
Sample 1
EBITDA CAGR means compound annual growth rate at which Adjusted EBITDA for the final four fully completed fiscal quarters of the Performance Period (“ LTM EBITDA ”) would have grown relative to the Adjusted EBITDA for the 2018 fiscal year (“ 2018 EBITDA ”) assuming a steady growth rate, as is calculated at the end of the Performance Period using the following formula:
Sample 1
EBITDA CAGR means compound annual growth rate at which Adjusted EBITDA for the final four fully completed fiscal quarters of the Performance Period (“LTM EBITDA”) would have grown relative to the Adjusted EBITDA for the 2016 fiscal year (calculated on a pro forma basis to give effect to the distribution by the Company to its stockholders of the “Timeshare Business” and “Ownership Business,” in each case, as defined in the distribution agreement dated January 2, 2017, among the Company, Hilton Domestic Operating Company Inc., Park Hotels & Resorts Inc. and Hilton Grand Vacations Inc., and related transactions, as if they had occurred on January 1, 2016, “2016 EBITDA”) assuming a steady growth rate, as is calculated at the end of the Performance Period using the following formula: ((LTM EBITDA/2016 EBITDA)(1/Time Period) ) – 1, where “Time Period” means a fraction, with a numerator of 4 and a denominator equal to the number of full fiscal quarters completed during the Performance Period.
Sample 1
EBITDA CAGR means compound annual growth rate at which Adjusted EBITDA for the final four fully completed fiscal quarters of the Performance Period (“ LTM
Sample 1
EBITDA CAGR for each EBITDA Measurement Date is equal to: EBITDA (sub n) (( ----------------------- )1/n -1) *100 Initial EBITDA Amount where EBITDA (sub n) is the EBITDA for the twelve months ending on the applicable EBITDA Measurement Date and n equals (a) 1, if the applicable EBITDA Measurement Date falls in 2002; (b) 2, if the applicable EBITDA Measurement Date falls in 2003; (c) 3, if the applicable EBITDA Measurement Date falls in 2004; (d) 4, if the applicable EBITDA Measurement Date falls in 2005; and (e) 5, if the applicable EBITDA Measurement Date falls in 2006.
Sample 1

Related to EBITDA CAGR

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • TTM EBITDA means, as of any date of determination, EBITDA of Borrower determined on a consolidated basis in accordance with GAAP, for the 12 month period most recently ended.

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • EBITDA means earnings before interest, taxes, depreciation and amortization.

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

  • Adjusted EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income:

  • Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.

  • Adjusted EPS means earnings per share further adjusted for share-based payments, amortization of acquired intangible assets, items outside the normal scope of our ordinary activities (including other items, within selling, general and administrative expenses, losses/(gains) on items held at fair value and remeasurements through profit and loss, impairment losses on tangible assets, and impairment losses on intangible assets) and the related tax effects of these adjustments. Adjusted EPS provides a basis for comparison of our business operations between current, past and future periods by excluding items that we do not believe are indicative of our core operating performance. Adjusted EPS may not be comparable to other similarly titled metrics of other companies.

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

  • Revenue Growth means the percentage change in revenue (as defined in Statement of Financial Accounting Concepts No. 6, published by the Financial Accounting Standards Board) from one period to another.

  • EBITDA Coverage Ratio defined as EBITDA divided by the aggregate of total interest expense plus the prior period current maturity of long-term debt and the prior period current maturity of subordinated debt.

  • Adjusted EBIT means, for any accounting period, net income (or net loss) of NAI and its Subsidiaries (determined on a consolidated basis), plus the amounts (if any) which, in the determination of net income (or net loss) for such period, have been deducted for (a) interest expense, (b) income tax expense (c) rent expense under leases of property, and (d) Permitted Non-Cash Charges.

  • Adjusted Consolidated EBITDA means, with respect to the Borrower and the Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of the Borrower and the Subsidiaries for such period plus

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • Earnout Period has the meaning set forth in Section 2.5(a)(iii).

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • EBIT means, for any period, the net income of the Company and its Subsidiaries on a Consolidated basis for such period plus each of the following with respect to the Company and its Subsidiaries on a Consolidated basis to the extent utilized in determining such net income: (a) Interest Expense and (b) provision for taxes.

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • Earnings Per Share means as to any Fiscal Year, the Company’s or a business unit’s Net Income, divided by a weighted average number of common shares outstanding and dilutive common equivalent shares deemed outstanding, determined in accordance with generally accepted accounting principles.

  • Earn-Out Period has the meaning set forth in Section 2.5(a).

  • Combined EBITDA means, for any period, Economic Net Income less, without duplication and to the extent otherwise included in Economic Net Income, (a) (i) performance fees and allocations (other than Realized Incentive Carry and Realized Incentive Fees), (ii) investment income and (iii) non-recurring gains plus, without duplication (including with respect to any item already added back to Combined Segment Net Income in calculating Economic Net Income) and to the extent deducted in arriving at Economic Net Income, (b) (i) depreciation and amortization, (ii) interest expense, (iii) if positive, equity-based compensation, (iv) carry plan compensation expense and minority interests in performance fees, (v) expenses and charges relating to equity or debt offerings, acquisitions, investments and dispositions, (vi) non-recurring expenses, losses and charges, (vii) non-cash expenses and charges and (viii) Realized Incentive Fees; provided that any cash payment made with respect to any non-cash expenses or charges added back in computing Combined EBITDA for any earlier period pursuant to this clause (vii) shall be subtracted in computing Combined EBITDA for the period in which such cash payment is made (in the case of clauses (a)(i), (a)(ii) and (b)(iv), whether positive or negative), in each case determined on a combined segment basis for the Guarantors and Subsidiaries in accordance with GAAP. For purposes of calculating Combined EBITDA for any period of four consecutive fiscal quarters (each, a “Reference Period”), if at any time during such Reference Period (and after the Effective Date) a Guarantor or any of the Subsidiaries shall have made any Material Acquisition or Material Disposition (each as defined below), the Combined EBITDA for such Reference Period shall be calculated after giving pro forma effect thereto as if such Material Acquisition or Material Disposition occurred on the first day of such Reference Period. For purposes of this definition, whenever pro forma effect is to be given to a transaction, the pro forma

  • EPS for any Year means earnings per share of the Company, as reported in the Company's Consolidated Statement of Income set forth in the financial statements of the Company for the Year.

  • Pro Forma EBITDA means, for any period, the Consolidated EBITDA of the Issuer and the Restricted Subsidiaries, provided that for the purposes of calculating Pro Forma EBITDA for such period, if, as of such date of determination: