FNNNF (Finnair Oyj) EBIT: $180 Mil (TTM As of Mar. 2026)


FNNNF Finnair Oyj FNNNF
67 GF Score
Price $5.73
GF Value $3.30
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Finnair Oyj EBIT?

Finnair Oyj FNNNF +17.32% 67 EBIT is $180 Mil as of Mar. 2026. GuruFocus rates FNNNF with a GF Score™ of 67/100 and a GF Value™ of $3.30 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Finnair Oyj's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $180 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Finnair Oyj's annualized ROC % for the quarter that ended in Mar. 2026 was -2.60%. Finnair Oyj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Finnair Oyj's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.48%.


Finnair Oyj  (OTCPK:FNNNF) EBIT Explanation

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

Finnair Oyj'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 )
=-140.116 * ( 1 - 20.18% )/( (4232.201 + 4369.248)/ 2 )
=-111.8405912/4300.7245
=-2.60 %

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))
=4317.213 - 113.934 - ( 1242.389 - max(0, 1595.667 - 1566.745+1242.389))
=4232.201

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))
=4836.994 - 116.416 - ( 1393.526 - max(0, 1871.329 - 2222.659+1393.526))
=4369.248

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

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

Finnair Oyj'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 )
=41.156/( ( (2310.539 + max(-1156.908, 0)) + (2268.439 + max(-833.641, 0)) )/ 2 )
=41.156/( ( 2310.539 + 2268.439 )/ 2 )
=41.156/2289.489
=1.80 %

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)
=(108.548 + 58.665 + 58.548) - (113.934 + 0 + 1268.735)
=-1156.908

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(225.202 + 127.283 + 476.648) - (116.416 + 0 + 1546.358)
=-833.641

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:

Finnair Oyj's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=180.427/1903.767
=9.48 %

* 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.


Finnair Oyj EBIT Related Terms


Finnair Oyj EBIT Historical Data

* Premium members only.

The historical data trend for Finnair Oyj'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.

Finnair Oyj EBIT Chart

Finnair Oyj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -557.63 -278.07 257.14 149.74 115.93

Finnair Oyj 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 -43.68 41.29 67.49 61.36 10.29

FNNNF vs DAL, UAL, LUV: EBIT Comparison

For the Airlines subindustry, Finnair Oyj'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.


Finnair Oyj EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Finnair Oyj's EV-to-EBIT distribution charts can be found below:

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


FNNNF
67GF Score
Finnair Oyj FNNNF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Finnair Oyj 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 $180 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 $180 Mil mean?
Finnair Oyj (FNNNF) has a EBIT of $180 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Finnair Oyj.
Is Finnair Oyj's EBIT too high?
Finnair Oyj's current EBIT is $180 Mil. Overall, Finnair Oyj has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Finnair Oyj's EBIT compare to DAL and UAL?
Finnair Oyj's EBIT of $180 Mil can be compared against companies in the Transportation 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 Transportation company?
A good EBIT depends on the Transportation 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 Finnair Oyj. Finnair Oyj's current EBIT is $180 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finnair Oyj stock overvalued right now?
Based on GuruFocus' analysis, Finnair Oyj (FNNNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.30, compared to a current price of $5.73 — trading 73.5% above its estimated fair value. The current EBIT is $180 Mil. Finnair Oyj's overall GF Score™ is 67/100 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 Finnair Oyj (FNNNF), the current EBIT is $180 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 Finnair Oyj (FNNNF) Overvalued in 2026?

Based on GuruFocus' analysis, Finnair Oyj stock appears to be overvalued. The current stock price of $5.73 is trading 73.5% above its estimated GF Value™ of $3.30. GuruFocus considers Finnair Oyj to be Significantly Overvalued.

Key valuation signals for FNNNF:

  • EBIT: $180 Mil
  • GF Value™: $3.30 vs. price of $5.73 (73.5% above fair value)
  • GF Score™: 67/100 with 7 warning signs

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


Finnair Oyj Business Description

Address Tietotie 9 A Helsinki Airport, PO Box 15, Vantaa, FIN, 01053
Finnair Oyj is a Finland-based airline company that provides air transport operations and supporting services. The company is engaged in delivering services for scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flight operations, and activities connected with the procurement and financing of aircraft. The company also provides travel services which consist of travel agency operations as well as tour operations and travel sector software business operations. It operates in only one segment which is Airline Business. Its travel services provide various traveling packages to customers through its travel operators and travel agencies, support services include catering services, Aircraft maintenance, ground handling, and Airline training.
67GF Score

Get the complete analysis for FNNNF

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

$5.73
Price
$3.30
GF Value