ALCE (Alternus Clean Energy) EBIT: $-5.74 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ALCE Alternus Clean Energy Inc ALCE
10 GF Score
Price $0.11
! 3 Warning Signs
View Full Analysis

What is Alternus Clean Energy EBIT?

Alternus Clean Energy ALCE 10 EBIT is $-5.74 Mil as of Mar. 2026. GuruFocus rates ALCE with a GF Score™ of 10/100. The stock has 3 warning signs investors should review.

Alternus Clean Energy's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-0.62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-5.74 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alternus Clean Energy's annualized ROC % for the quarter that ended in Mar. 2026 was -10.45%. Alternus Clean Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Alternus Clean Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -7.14%.


Alternus Clean Energy  (OTCPK:ALCE) EBIT Explanation

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

Alternus Clean Energy'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 )
=-7.192 * ( 1 - 0% )/( (73.502 + 64.082)/ 2 )
=-7.192/68.792
=-10.45 %

where

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

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

Alternus Clean Energy'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 )
=-2.464/( ( (0 + max(-17.961, 0)) + (0 + max(-18.268, 0)) )/ 2 )
=-2.464/( ( 0 + 0 )/ 2 )
=-2.464/0
= %

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)
=(0 + 0 + 0) - (17.52 + 0 + 0.441)
=-17.961

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (18.207 + 0 + 0.060999999999996)
=-18.268

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:

Alternus Clean Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-5.735/80.329
=-7.14 %

* 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.


Alternus Clean Energy EBIT Related Terms


Alternus Clean Energy EBIT Historical Data

* Premium members only.

The historical data trend for Alternus Clean Energy'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.

Alternus Clean Energy EBIT Chart

Alternus Clean Energy Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
-1.49 -8.31 -26.96 -15.39 -3.11

Alternus Clean Energy Quarterly Data
Dec21 Mar22 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 2.01 6.48 -9.35 -2.25 -0.62

ALCE vs ETRXF: EBIT Comparison

For the Utilities - Renewable subindustry, Alternus Clean Energy'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.


Alternus Clean Energy EV-to-EBIT vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alternus Clean Energy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Alternus Clean Energy's EV-to-EBIT falls into.


ALCE
10GF Score
Alternus Clean Energy Inc ALCE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alternus Clean Energy 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 $-5.74 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 $-5.74 Mil mean?
Alternus Clean Energy (ALCE) has a EBIT of $-5.74 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Alternus Clean Energy.
Is Alternus Clean Energy's EBIT too high?
Alternus Clean Energy's current EBIT is $-5.74 Mil. Overall, Alternus Clean Energy has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Alternus Clean Energy's EBIT compare to ETRXF?
Alternus Clean Energy's EBIT of $-5.74 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good EBIT depends on the Utilities - Independent Power Producers 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 Alternus Clean Energy. Alternus Clean Energy's current EBIT is $-5.74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alternus Clean Energy stock overvalued right now?
Alternus Clean Energy (ALCE) has a current EBIT of $-5.74 Mil. The current EBIT is $-5.74 Mil. Alternus Clean Energy's overall GF Score™ is 10/100 with 3 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 Alternus Clean Energy (ALCE), the current EBIT is $-5.74 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.

Alternus Clean Energy Business Description

Address 17 State Street, Suite 4000, New York, NY, USA, 10004
Alternus Clean Energy Inc is an international independent clean energy producer. It develops, installs, owns, and operates a diverse portfolio of utility-scale solar photovoltaic power stations (PV parks) in Italy as a long-term owner. The solar parks benefit from long-term government offtake contracts and/or Power Purchase Agreements (PPAs) with investment-grade off-takers, plus energy sales to local power grids. The company has two reportable segments that consist of PV operations by geographical region: United States Operations and European Operations.
10GF Score

Get the complete analysis for ALCE

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

$0.11
Price