Box (FRA:3BX) EBIT: €106 Mil (TTM As of Apr. 2026)

What is Box EBIT?

Box FRA:3BX -2.44% 78 EBIT is €106 Mil as of Apr. 2026. GuruFocus rates FRA:3BX with a GF Score™ of 78/100 and a GF Value™ of €27.87. The stock has 5 warning signs investors should review.

Box's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2026 was €26 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was €106 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Box's annualized ROC % for the quarter that ended in Apr. 2026 was 5.36%. Box's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 104.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Box's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 2.85%.

Box (FRA:3BX) EBIT Explanation

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

Box's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

	ROC % (Q: Apr. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jan. 2026 )	+	Invested Capital (Q: Apr. 2026 ))	/ count )
=	93.852 * ( 1 - 35.56% )	/	( (1157.761	+	1100.263)	/ 2 )
=	60.4782288	/	1129.012
=	5.36 %

where

	Invested Capital		(Q: Jan. 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	))
=	1315.697	-	82.533	-	( 406.831	-	max(0, 683.07	-	758.473	+	406.831	))
=	1157.761

	Invested Capital		(Q: Apr. 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	))
=	1215.509	-	73.749	-	( 407.872	-	max(0, 613.059	-	654.556	+	407.872	))
=	1100.263

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

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

Box's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Apr. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jan. 2026		Q: Apr. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	102.292	/	( ( (103.374 + max(-331.428, 0))	+	(93.015 + max(-366.375, 0)) )	/	2 )
=	102.292	/	( ( 103.374	+	93.015 )	/	2 )
=	102.292	/	98.1945
=	104.17 %

where Working Capital is:

	Working Capital		(Q: Jan. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(276.691	+	0	+	74.951)	-	(82.533	+	551.357	+	49.18)
=	-331.428

	Working Capital		(Q: Apr. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(164.453	+	0	+	82.231)	-	(73.749	+	512.382	+	26.928)
=	-366.375

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Apr. 2026 )
	=	105.615	/	3711.094
	=	2.85 %

* 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.

Box EBIT Related Terms

Box EBIT Historical Data

* Premium members only.

The historical data trend for Box's EBIT can be seen below:

Box EBIT Chart

Box Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Jan25

Jan26

EBIT

Get a 7-Day Free Trial

-24.42

36.45

60.98

88.13

93.12

Box Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
EBIT	Get a 7-Day Free Trial															14.10	22.64	25.84	31.56	25.57

FRA:3BX vs CLBT, QLYS, VRNS: EBIT Comparison

For the Software - Infrastructure subindustry, Box'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.

Box EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Box's EV-to-EBIT distribution charts can be found below:

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

Save Embed

78GF Score

Box Inc FRA:3BX

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Box 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €106 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of €106 Mil mean?

Box (FRA:3BX) has a EBIT of €106 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Box.

Is Box's EBIT too high?

Box's current EBIT is €106 Mil. Overall, Box has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.

How does Box's EBIT compare to CLBT and QLYS?

Box's EBIT of €106 Mil can be compared against companies in the Software 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 Software company?

A good EBIT depends on the Software 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 Box. Box's current EBIT is €106 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Box stock overvalued right now?

Box (FRA:3BX) has a current EBIT of €106 Mil. The stock's GF Value™ is €27.87, compared to a current price of €21.55 — trading 22.7% below its estimated fair value. The current EBIT is €106 Mil. Box's overall GF Score™ is 78/100 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 Box (FRA:3BX), the current EBIT is €106 Mil as of Apr. 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 Box (FRA:3BX) Overvalued in 2026?

Based on GuruFocus' analysis, Box stock appears to be undervalued. The current stock price of €21.55 is trading 22.7% below its estimated GF Value™ of €27.87.

Key valuation signals for FRA:3BX:

EBIT: €106 Mil
GF Value™: €27.87 vs. price of €21.55 (22.7% below fair value)
GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the FRA:3BX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Box Business Description

Industry Technology Software

Comparable Companies CLBT QLYS VRNS INFQ FOUR DLO RELY TDC TENB ACIW MSFT ORCL PLTR PANW CRWD FTNT SNPS HKSE:02513 NET CRWV

Other Exchanges BOX:USA 0HP1:UK 3BX:Germany

Address 900 Jefferson Avenue, Redwood City, CA, USA, 94063

Website https://www.box.com

Box is a cloud-based content management platform that provides storage and workflow collaboration services for enterprise customers. The firm was founded in 2005 as a file, sync, and share provider. Over time, it built out and acquired workflow and security tools to evolve the pure-play FSS business into a content management business. Most recently, Box has been pursuing an AI-powered, intelligent content management strategy that can allow for metadata extraction and workflow automation.

78GF Score

Get the complete analysis for FRA:3BX

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

€21.55

Price

€27.87

GF Value

View FRA:3BX Analysis

See EBIT data for all stocks →