Coles Group (ASX:COL) EBIT: A$1,564 Mil (TTM As of Dec. 2025)


ASX:COL Coles Group Ltd ASX:COL
76 GF Score
Price A$24.06
GF Value A$20.07
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Coles Group EBIT?

Coles Group ASX:COL +1.22% 76 EBIT is A$1,564 Mil as of Dec. 2025. GuruFocus rates ASX:COL with a GF Score™ of 76/100 and a GF Value™ of A$20.07 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Coles Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was A$784 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,564 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Coles Group's annualized ROC % for the quarter that ended in Dec. 2025 was 7.05%. Coles Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 12.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Coles Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.73%.

Coles Group  (ASX:COL) EBIT Explanation

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

Coles Group's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=1858 * ( 1 - 29.71% )/( (18335 + 18707)/ 2 )
=1305.9882/18521
=7.05 %

where

Invested Capital(Q: Jun. 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))
=20294 - 4637 - ( 705 - max(0, 6856 - 4178+705))
=18335

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))
=20392 - 4178 - ( 598 - max(0, 6774 - 4281+598))
=18707

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Coles Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1568/( ( (12808 + max(-2405, 0)) + (12816 + max(-1863, 0)) )/ 2 )
=1568/( ( 12808 + 12816 )/ 2 )
=1568/12812
=12.24 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(387 + 2733 + 253) - (4637 + 0 + 1141)
=-2405

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(549 + 2955 + 179) - (4178 + 0 + 1368)
=-1863

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

Coles Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=1564/41900.520
=3.73 %

* 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.

Coles Group EBIT Related Terms

Coles Group EBIT Historical Data

* Premium members only.

The historical data trend for Coles Group'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.

Coles Group EBIT Chart

Coles Group Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial 1,483.00 1,506.00 1,516.00 1,694.00 1,652.00

Coles Group Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1,064.00 630.00 872.00 780.00 784.00

ASX:COL vs KR, SFM, ACI: EBIT Comparison

For the Grocery Stores subindustry, Coles Group'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.

Coles Group EV-to-EBIT vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Coles Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Coles Group's EV-to-EBIT falls into.


ASX:COL
76GF Score
Coles Group Ltd ASX:COL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Coles Group 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$1,564 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 A$1,564 Mil mean?
Coles Group (ASX:COL) has a EBIT of A$1,564 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Coles Group.
Is Coles Group's EBIT too high?
Coles Group's current EBIT is A$1,564 Mil. Overall, Coles Group has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coles Group's EBIT compare to KR and SFM?
Coles Group's EBIT of A$1,564 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good EBIT depends on the Retail - Defensive 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 Coles Group. Coles Group's current EBIT is A$1,564 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coles Group stock overvalued right now?
Based on GuruFocus' analysis, Coles Group (ASX:COL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$20.07, compared to a current price of A$24.06 — trading 19.9% above its estimated fair value. The current EBIT is A$1,564 Mil. Coles Group's overall GF Score™ is 76/100 with 8 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 Coles Group (ASX:COL), the current EBIT is A$1,564 Mil as of Dec. 2025. 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 Coles Group (ASX:COL) Overvalued in 2026?

Based on GuruFocus' analysis, Coles Group stock appears to be overvalued. The current stock price of A$24.06 is trading 19.9% above its estimated GF Value™ of A$20.07. GuruFocus considers Coles Group to be Modestly Overvalued.

Key valuation signals for ASX:COL:

  • EBIT: A$1,564 Mil
  • GF Value™: A$20.07 vs. price of A$24.06 (19.9% above fair value)
  • GF Score™: 76/100 with 8 warning signs

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

Coles Group Business Description

Other Exchanges CLEGF:USA2OF:Germany
Address 800-838 Toorak Road, Hawthorn East, Melbourne, VIC, AUS, 3123
Coles is one of Australia's largest retailers, operating the second-largest supermarket chain behind market leader Woolworths, and the country's second-largest liquor chain. The group has an extensive store network of over 1,800 stores and roughly 80% of Australians live within a 10-minute drive from a Coles store. The retailer employs some 120,000 people, who process some 20 million individual customer transactions a week. This compares with Woolworths processing about 30 million customer transactions per week from Australia's population of 27 million.
76GF Score

Get the complete analysis for ASX:COL

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

A$24.06
Price
A$20.07
GF Value