Rubicon Water (ASX:RWL) EBIT: A$-14.45 Mil (TTM As of Dec. 2025)


What is Rubicon Water EBIT?

Rubicon Water ASX:RWL +1.64% EBIT is A$-14.45 Mil as of Dec. 2025. The stock has 2 warning signs investors should review.

Rubicon Water's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was A$-7.89 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-14.45 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rubicon Water's annualized ROC % for the quarter that ended in Dec. 2025 was -12.32%. Rubicon Water's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -25.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rubicon Water's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -38.51%.

Rubicon Water  (ASX:RWL) EBIT Explanation

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

Rubicon Water'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 )
=-15.292 * ( 1 - 28.12% )/( (88.898 + 89.482)/ 2 )
=-10.9918896/89.19
=-12.32 %

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))
=103.936 - 9.528 - ( 5.51 - max(0, 34.823 - 75.647+5.51))
=88.898

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))
=101.174 - 8.928 - ( 2.764 - max(0, 40.387 - 69.222+2.764))
=89.482

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:

Rubicon Water'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 )
=-15.782/( ( (8.879 + max(57.966, 0)) + (9.167 + max(48.934, 0)) )/ 2 )
=-15.782/( ( 66.845 + 58.101 )/ 2 )
=-15.782/62.473
=-25.26 %

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)
=(27.484 + 19.807 + 27.114) - (9.528 + 2.007 + 4.904)
=57.966

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.372 + 19.888 + 25.198) - (8.928 + 0.551 + 8.045)
=48.934

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:

Rubicon Water's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-14.445/37.507
=-38.51 %

* 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.

Rubicon Water EBIT Related Terms

Rubicon Water EBIT Historical Data

* Premium members only.

The historical data trend for Rubicon Water'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.

Rubicon Water EBIT Chart

Rubicon Water Annual Data
Trend Jun22 Jun23 Jun24 Jun25
EBIT
-0.28 -11.27 -9.34 -7.77

Rubicon Water Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.74 -5.60 -1.22 -6.55 -7.89

ASX:RWL vs AWK, WTRG, AWR: EBIT Comparison

For the Utilities - Regulated Water subindustry, Rubicon Water'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.

Rubicon Water EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rubicon Water's EV-to-EBIT distribution charts can be found below:

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


Rubicon Water 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$-14.45 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$-14.45 Mil mean?
Rubicon Water (ASX:RWL) has a EBIT of A$-14.45 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rubicon Water.
Is Rubicon Water's EBIT too high?
Rubicon Water's current EBIT is A$-14.45 Mil.
How does Rubicon Water's EBIT compare to AWK and WTRG?
Rubicon Water's EBIT of A$-14.45 Mil can be compared against companies in the Utilities - Regulated 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 - Regulated company?
A good EBIT depends on the Utilities - Regulated 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 Rubicon Water. Rubicon Water's current EBIT is A$-14.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rubicon Water stock overvalued right now?
Based on GuruFocus' analysis, Rubicon Water (ASX:RWL) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.29, compared to a current price of A$0.06 — trading 78.6% below its estimated fair value. The current EBIT is A$-14.45 Mil. 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 Rubicon Water (ASX:RWL), the current EBIT is A$-14.45 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.

Rubicon Water Business Description

Address 1 Cato Street, Hawthorn East, Melbourne, VIC, AUS, 3123
Rubicon Water Ltd is engaged in the water technology solutions business that designs, manufactures, installs, and maintains irrigation automation software and hardware. It generates revenue through sales of hardware, software, and services, as well as from ongoing maintenance of the installed end-to-end solution base.