Airtel Africa (CHIX:AAFL) EBIT: £1,640 Mil (TTM As of Mar. 2026)


CHIX:AAFL Airtel Africa PLC CHIX:AAFL
67 GF Score
Price £3.44
! 3 Warning Signs
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What is Airtel Africa EBIT?

Airtel Africa CHIX:AAFL +0.82% 67 EBIT is £1,640 Mil as of Mar. 2026. GuruFocus rates CHIX:AAFL with a GF Score™ of 67/100. The stock has 3 warning signs investors should review.

Airtel Africa's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was £417 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was £1,640 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Airtel Africa's annualized ROC % for the quarter that ended in Mar. 2026 was 9.18%. Airtel Africa's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 36.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Airtel Africa's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.68%.

Airtel Africa  (CHIX:AAFl) EBIT Explanation

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

Airtel Africa'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 )
=1773 * ( 1 - 42.68% )/( (11140.758 + 11010)/ 2 )
=1016.2836/11075.379
=9.18 %

where

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))
=10040.427 - 491.526 - ( 623.745 - max(0, 3632.661 - 2040.804+623.745))
=11140.758

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))
=10472.25 - 1027.5 - ( 658.5 - max(0, 3744 - 2178.75+658.5))
=11010

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

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

Airtel Africa'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 )
=1668/( ( (4462.578 + max(-1151.127, 0)) + (4694.25 + max(-1365.75, 0)) )/ 2 )
=1668/( ( 4462.578 + 4694.25 )/ 2 )
=1668/4578.414
=36.43 %

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)
=(131.472 + 11.952 + 1273.635) - (491.526 + 0 + 2076.66)
=-1151.127

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(144.75 + 12 + 1210.5) - (1027.5 + 0 + 1705.5)
=-1365.75

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:

Airtel Africa's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1639.94/16947.942
=9.68 %

* 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.

Airtel Africa EBIT Related Terms

Airtel Africa EBIT Historical Data

* Premium members only.

The historical data trend for Airtel Africa'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.

Airtel Africa EBIT Chart

Airtel Africa 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 1,164.31 1,150.30 292.76 1,003.10 1,653.75

Airtel Africa Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 261.61 349.34 435.86 437.74 417.00

CHIX:AAFL vs TMUS, VZ, T: EBIT Comparison

For the Telecom Services subindustry, Airtel Africa'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.

Airtel Africa EV-to-EBIT vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Airtel Africa's EV-to-EBIT distribution charts can be found below:

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


CHIX:AAFL
67GF Score
Airtel Africa PLC CHIX:AAFL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Airtel Africa 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 £1,640 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 £1,640 Mil mean?
Airtel Africa (CHIX:AAFL) has a EBIT of £1,640 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Airtel Africa.
Is Airtel Africa's EBIT too high?
Airtel Africa's current EBIT is £1,640 Mil. Overall, Airtel Africa has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Airtel Africa's EBIT compare to TMUS and VZ?
Airtel Africa's EBIT of £1,640 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good EBIT depends on the Telecommunication Services 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 Airtel Africa. Airtel Africa's current EBIT is £1,640 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airtel Africa stock overvalued right now?
Airtel Africa (CHIX:AAFL) has a current EBIT of £1,640 Mil. The current EBIT is £1,640 Mil. Airtel Africa's overall GF Score™ is 67/100 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 Airtel Africa (CHIX:AAFL), the current EBIT is £1,640 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.

Airtel Africa Business Description

Address 15 Davies Street, London, GBR, W1K 3DE
Airtel Africa PLC is a telecoms and financial services provider transforming lives across the continent through increased digital and financial inclusion. The principal activities of the Group mainly consist of the provision of telecommunications and mobile money services. Its services include Voice, Data, Mobile money, Enterprise, and Data centers. The Group's operating segments are Nigeria mobile services, East Africa mobile services, Francophone Africa mobile services, and Mobile money. It generates maximum revenue from East Africa mobile services, comprising mobile service operations in Uganda, Kenya, Zambia, Tanzania, Malawi, and Rwanda.
67GF Score

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

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