BRLAF (British Land Co) EBIT: $767.6 Mil (TTM As of Mar. 2026)


BRLAF British Land Co PLC BRLAF
71 GF Score
Price $5.56
GF Value $5.09
Valuation Fairly Valued
! 5 Warning Signs
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What is British Land Co EBIT?

British Land Co BRLAF 71 EBIT is $767.6 Mil as of Mar. 2026. GuruFocus rates BRLAF with a GF Score™ of 71/100 and a GF Value™ of $5.09 (Fairly Valued). The stock has 5 warning signs investors should review.

British Land Co's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was $394.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $767.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. British Land Co's annualized ROC % for the quarter that ended in Mar. 2026 was 3.10%. British Land Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3,918.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. British Land Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.07%.

British Land Co  (OTCPK:BRLAF) EBIT Explanation

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

British Land Co'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=394.666 * ( 1 - 0% )/( (12418.919 + 13074.666)/ 2 )
=394.666/12746.7925
=3.10 %

where

Invested Capital(Q: Sep. 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))
=12154.054 - 341.892 - ( 116.216 - max(0, 843.243 - 236.486+116.216))
=12418.919

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))
=12480 - 134.667 - ( 234.667 - max(0, 1073.333 - 344+234.667))
=13074.666

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

British Land Co'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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=789.334/( ( (21.622 + max(-224.324, 0)) + (18.667 + max(-277.333, 0)) )/ 2 )
=789.334/( ( 21.622 + 18.667 )/ 2 )
=789.334/20.1445
=3,918.36 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(59.459 + 29.73 + 31.081) - (341.892 + 0 + 2.7020000000001)
=-224.324

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28 + 29.333 + 34.667) - (134.667 + 0 + 234.666)
=-277.333

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

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

British Land Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=767.64/9518.139
=8.07 %

* 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.

British Land Co EBIT Related Terms

British Land Co EBIT Historical Data

* Premium members only.

The historical data trend for British Land Co'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.

British Land Co EBIT Chart

British Land Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,379.45 -1,145.63 155.02 586.56 762.67

British Land Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 146.13 206.35 385.01 372.97 394.67

BRLAF vs VICI, WPC: EBIT Comparison

For the REIT - Diversified subindustry, British Land Co'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.

British Land Co EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, British Land Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where British Land Co's EV-to-EBIT falls into.


BRLAF
71GF Score
British Land Co PLC BRLAF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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British Land Co 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 semi-annually data reported by the company within the most recent 12 months, which was $767.6 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 $767.6 Mil mean?
British Land Co (BRLAF) has a EBIT of $767.6 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on British Land Co.
Is British Land Co's EBIT too high?
British Land Co's current EBIT is $767.6 Mil. Overall, British Land Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does British Land Co's EBIT compare to VICI and WPC?
British Land Co's EBIT of $767.6 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 British Land Co. British Land Co's current EBIT is $767.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is British Land Co stock overvalued right now?
Based on GuruFocus' analysis, British Land Co (BRLAF) is currently considered Fairly Valued. The stock's GF Value™ is $5.09, compared to a current price of $5.56 — trading 9.1% above its estimated fair value. The current EBIT is $767.6 Mil. British Land Co's overall GF Score™ is 71/100 with 5 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 British Land Co (BRLAF), the current EBIT is $767.6 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 British Land Co (BRLAF) Overvalued in 2026?

Based on GuruFocus' analysis, British Land Co stock appears to be overvalued. The current stock price of $5.56 is trading 9.1% above its estimated GF Value™ of $5.09. GuruFocus considers British Land Co to be Fairly Valued.

Key valuation signals for BRLAF:

  • EBIT: $767.6 Mil
  • GF Value™: $5.09 vs. price of $5.56 (9.1% above fair value)
  • GF Score™: 71/100 with 5 warning signs

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

British Land Co Business Description

Industry Real EstateREITs
Address 45 Seymour Street, York House, London, GBR, W1H 7LX
British Land Co PLC is a diversified real estate business focused on owning and managing high-quality UK commercial property. The company's portfolio is concentrated in office-led campuses in Central London and retail parks across the UK, while also including shopping centres, other retail assets, and London urban logistics sites. It leverages its development, asset management and property management expertise to create and manage commercial real estate assets. The business operates through two segments: Campuses, comprising Broadgate, Regent's Place, Paddington Central and other campuses, and Retail & London Urban Logistics, comprising retail parks, shopping centres and other retail assets, and London urban logistics sites.
71GF Score

Get the complete analysis for BRLAF

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

$5.56
Price
$5.09
GF Value