AMD (Advanced Micro Devices) EBIT: $5,067 Mil (TTM As of Mar. 2026)


AMD Advanced Micro Devices Inc AMD
79 GF Score
Price $532.57
GF Value $236.83
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Advanced Micro Devices EBIT?

Advanced Micro Devices AMD +2.47% 79 EBIT is $5,067 Mil as of Mar. 2026. GuruFocus rates AMD with a GF Score™ of 79/100 and a GF Value™ of $236.83 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Advanced Micro Devices's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $1,641 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $5,067 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Advanced Micro Devices's annualized ROC % for the quarter that ended in Mar. 2026 was 8.41%. Advanced Micro Devices's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 67.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Advanced Micro Devices's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.59%.

Advanced Micro Devices  (NAS:AMD) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Advanced Micro Devices's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=5904 * ( 1 - 14.84% )/( (59840 + 59793)/ 2 )
=5027.8464/59816.5
=8.41 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=76926 - 6534 - ( 10552 - max(0, 9455 - 26947+10552))
=59840

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=79642 - 7502 - ( 12347 - max(0, 10506 - 28628+12347))
=59793

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Advanced Micro Devices's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6564/( ( (2312 + max(7814, 0)) + (2723 + max(6649, 0)) )/ 2 )
=6564/( ( 10126 + 9372 )/ 2 )
=6564/9749
=67.33 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6315 + 7920 + 2160) - (6534 + 0 + 2047)
=7814

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6035 + 8045 + 2201) - (7502 + 0 + 2130)
=6649

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Advanced Micro Devices's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=5067/859932.982
=0.59 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Advanced Micro Devices EBIT Related Terms

Advanced Micro Devices EBIT Historical Data

* Premium members only.

The historical data trend for Advanced Micro Devices's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Advanced Micro Devices EBIT Chart

Advanced Micro Devices Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,703.00 1,272.00 598.00 2,081.00 4,271.00

Advanced Micro Devices Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 845.00 -36.00 1,352.00 2,110.00 1,641.00

AMD vs MU, INTC, TXN: EBIT Comparison

For the Semiconductors subindustry, Advanced Micro Devices's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Advanced Micro Devices EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Advanced Micro Devices's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Advanced Micro Devices's EV-to-EBIT falls into.


AMD
79GF Score
Advanced Micro Devices Inc AMD
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Advanced Micro Devices EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,067 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $5,067 Mil mean?
Advanced Micro Devices (AMD) has a EBIT of $5,067 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Advanced Micro Devices.
Is Advanced Micro Devices' EBIT too high?
Advanced Micro Devices' current EBIT is $5,067 Mil. Overall, Advanced Micro Devices has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Micro Devices' EBIT compare to MU and INTC?
Advanced Micro Devices' EBIT of $5,067 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Semiconductors company?
A good EBIT depends on the Semiconductors industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Advanced Micro Devices. Advanced Micro Devices's current EBIT is $5,067 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Micro Devices stock overvalued right now?
Based on GuruFocus' analysis, Advanced Micro Devices (AMD) is currently considered Significantly Overvalued. The stock's GF Value™ is $236.83, compared to a current price of $532.57 — trading 124.9% above its estimated fair value. The current EBIT is $5,067 Mil. Advanced Micro Devices' overall GF Score™ is 79/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Advanced Micro Devices (AMD), the current EBIT is $5,067 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Advanced Micro Devices (AMD) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Micro Devices stock appears to be overvalued. The current stock price of $532.57 is trading 124.9% above its estimated GF Value™ of $236.83. GuruFocus considers Advanced Micro Devices to be Significantly Overvalued.

Key valuation signals for AMD:

  • EBIT: $5,067 Mil
  • GF Value™: $236.83 vs. price of $532.57 (124.9% above fair value)
  • GF Score™: 79/100 with 9 warning signs

No single metric tells the full story. See the AMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Advanced Micro Devices Business Description

Address 2485 Augustine Drive, Santa Clara, CA, USA, 95054
Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers (including artificial intelligence), industrial, and automotive applications. AMD's traditional strength was in central processing units and graphics processing units used in PCs and data centers. However, AMD is emerging as a prominent player in AI GPUs and related hardware. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox.
79GF Score

Get the complete analysis for AMD

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$532.57
Price
$236.83
GF Value