Dexus Industria REIT (ASX:DXI) EBIT: A$84.33 Mil (TTM As of Dec. 2025)


ASX:DXI Dexus Industria REIT ASX:DXI
77 GF Score
Price A$2.50
GF Value A$3.61
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Dexus Industria REIT EBIT?

Dexus Industria REIT ASX:DXI +1.21% 77 EBIT is A$84.33 Mil as of Dec. 2025. GuruFocus rates ASX:DXI with a GF Score™ of 77/100 and a GF Value™ of A$3.61 (Possible Value Trap). The stock has 7 warning signs investors should review.

Dexus Industria REIT's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was A$52.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was A$84.33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dexus Industria REIT's annualized ROC % for the quarter that ended in Dec. 2025 was 3.50%. Dexus Industria REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dexus Industria REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.13%.

Dexus Industria REIT  (ASX:DXI) EBIT Explanation

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

Dexus Industria REIT'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 )
=51.968 * ( 1 - 2.86% )/( (1451.608 + 1434.174)/ 2 )
=50.4817152/1442.891
=3.50 %

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))
=1460.54 - 26.433 - ( 4.024 - max(0, 29.053 - 11.552+4.024))
=1451.608

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))
=1424.857 - 11.485 - ( 4.473 - max(0, 36.257 - 15.455+4.473))
=1434.174

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:

Dexus Industria REIT'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 )
=104.274/( ( (0 + max(-25.367, 0)) + (0 + max(-24.653, 0)) )/ 2 )
=104.274/( ( 0 + 0 )/ 2 )
=104.274/0
= %

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)
=(0.81 + 0 + 2.299) - (26.433 + 0.74 + 1.303)
=-25.367

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.034 + 0 + 5.948) - (11.485 + 7.451 + 16.699)
=-24.653

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:

Dexus Industria REIT's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=84.327/1375.478
=6.13 %

* 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.

Dexus Industria REIT EBIT Related Terms

Dexus Industria REIT EBIT Historical Data

* Premium members only.

The historical data trend for Dexus Industria REIT'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.

Dexus Industria REIT EBIT Chart

Dexus Industria REIT Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 129.16 180.82 13.25 -2.12 97.34

Dexus Industria REIT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.31 -1.81 65.15 32.19 52.14

ASX:DXI vs PLD, PSA, EXR: EBIT Comparison

For the REIT - Industrial subindustry, Dexus Industria REIT'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.

Dexus Industria REIT EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Dexus Industria REIT's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dexus Industria REIT's EV-to-EBIT falls into.


ASX:DXI
77GF Score
Dexus Industria REIT ASX:DXI
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dexus Industria REIT 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$84.33 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$84.33 Mil mean?
Dexus Industria REIT (ASX:DXI) has a EBIT of A$84.33 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Dexus Industria REIT.
Is Dexus Industria REIT's EBIT too high?
Dexus Industria REIT's current EBIT is A$84.33 Mil. Overall, Dexus Industria REIT has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dexus Industria REIT's EBIT compare to PLD and PSA?
Dexus Industria REIT's EBIT of A$84.33 Mil can be compared against companies in the REITs 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 REITs company?
A good EBIT depends on the REITs 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 Dexus Industria REIT. Dexus Industria REIT's current EBIT is A$84.33 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexus Industria REIT stock overvalued right now?
Based on GuruFocus' analysis, Dexus Industria REIT (ASX:DXI) is currently considered Possible Value Trap. The stock's GF Value™ is A$3.61, compared to a current price of A$2.50 — trading 30.7% below its estimated fair value. The current EBIT is A$84.33 Mil. Dexus Industria REIT's overall GF Score™ is 77/100 with 7 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 Dexus Industria REIT (ASX:DXI), the current EBIT is A$84.33 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 Dexus Industria REIT (ASX:DXI) Overvalued in 2026?

Based on GuruFocus' analysis, Dexus Industria REIT stock appears to be undervalued. The current stock price of A$2.50 is trading 30.7% below its estimated GF Value™ of A$3.61. GuruFocus considers Dexus Industria REIT to be Possible Value Trap.

Key valuation signals for ASX:DXI:

  • EBIT: A$84.33 Mil
  • GF Value™: A$3.61 vs. price of A$2.50 (30.7% below fair value)
  • GF Score™: 77/100 with 7 warning signs

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

Dexus Industria REIT Business Description

Industry Real EstateREITs
Address 50 Bridge Street, Level 30, Australia Square, Sydney, NSW, AUS, 2000
Dexus Industria REIT acts as an income pass-through investment vehicle. It owns a portfolio of industrial properties and passes the rent generated from leasing out these properties to securityholders. The jewel in the crown is the Jandakot precinct in Western Australia, which accounts for a third of the portfolio's total book value. The rest of the assets are predominantly located in Victoria and New South Wales. The REIT also has a small development pipeline.Dexus Industria was rebranded from APN Industria REIT in 2021, as a result of Dexus' acquisition of APN Property Group. Following the rebrand, Dexus Industria has divested its business parks and transitioned to a pure play industrial REIT. Dexus Industria is externally managed by Dexus, which holds a 18% stake in the REIT.
77GF Score

Get the complete analysis for ASX:DXI

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

A$2.50
Price
A$3.61
GF Value