Antin Infrastructure Partners (FRA:8ZU) EBIT: €153.1 Mil (TTM As of Dec. 2025)

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FRA:8ZU Antin Infrastructure Partners FRA:8ZU
94 GF Score
Price €9.03
GF Value €12.48
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Antin Infrastructure Partners EBIT?

Antin Infrastructure Partners FRA:8ZU +1.57% 94 EBIT is €153.1 Mil as of Dec. 2025. GuruFocus rates FRA:8ZU with a GF Score™ of 94/100 and a GF Value™ of €12.48 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Antin Infrastructure Partners's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €78.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €153.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Antin Infrastructure Partners's annualized ROC % for the quarter that ended in Dec. 2025 was 47.34%. Antin Infrastructure Partners's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 189.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Antin Infrastructure Partners's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 11.75%.

Antin Infrastructure Partners  (FRA:8ZU) EBIT Explanation

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

Antin Infrastructure Partners'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 )
=146.628 * ( 1 - 26.71% )/( (223.744 + 230.298)/ 2 )
=107.4636612/227.021
=47.34 %

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))
=612.642 - 27.439 - ( 361.459 - max(0, 57.655 - 426.419+361.459))
=223.744

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))
=599.912 - 16.229 - ( 367.922 - max(0, 59.112 - 412.497+367.922))
=230.298

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:

Antin Infrastructure Partners'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 )
=157.334/( ( (83.555 + max(2.442, 0)) + (80.185 + max(-19.956, 0)) )/ 2 )
=157.334/( ( 85.997 + 80.185 )/ 2 )
=157.334/83.091
=189.35 %

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)
=(9.769 + 0 + 43.671) - (27.439 + 0 + 23.559)
=2.442

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.817 + 0 + 21.86) - (16.229 + 0 + 33.404)
=-19.956

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:

Antin Infrastructure Partners's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=153.084/1302.906
=11.75 %

* 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.

Antin Infrastructure Partners EBIT Related Terms

Antin Infrastructure Partners EBIT Historical Data

* Premium members only.

The historical data trend for Antin Infrastructure Partners'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.

Antin Infrastructure Partners EBIT Chart

Antin Infrastructure Partners Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only 51.34 8.61 107.92 182.40 153.08

Antin Infrastructure Partners Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 68.26 83.92 98.48 74.42 78.67

FRA:8ZU vs BLK, BX, KKR: EBIT Comparison

For the Asset Management subindustry, Antin Infrastructure Partners'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.

Antin Infrastructure Partners EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Antin Infrastructure Partners's EV-to-EBIT distribution charts can be found below:

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


FRA:8ZU
94GF Score
Antin Infrastructure Partners FRA:8ZU
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Antin Infrastructure Partners 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 €153.1 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 €153.1 Mil mean?
Antin Infrastructure Partners (FRA:8ZU) has a EBIT of €153.1 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Antin Infrastructure Partners.
Is Antin Infrastructure Partners' EBIT too high?
Antin Infrastructure Partners' current EBIT is €153.1 Mil. Overall, Antin Infrastructure Partners has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Antin Infrastructure Partners' EBIT compare to BLK and BX?
Antin Infrastructure Partners' EBIT of €153.1 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good EBIT depends on the Asset Management 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 Antin Infrastructure Partners. Antin Infrastructure Partners's current EBIT is €153.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antin Infrastructure Partners stock overvalued right now?
Based on GuruFocus' analysis, Antin Infrastructure Partners (FRA:8ZU) is currently considered Modestly Undervalued. The stock's GF Value™ is €12.48, compared to a current price of €9.03 — trading 27.6% below its estimated fair value. The current EBIT is €153.1 Mil. Antin Infrastructure Partners' overall GF Score™ is 94/100 with 4 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 Antin Infrastructure Partners (FRA:8ZU), the current EBIT is €153.1 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.

Is Antin Infrastructure Partners (FRA:8ZU) Overvalued in 2026?

Based on GuruFocus' analysis, Antin Infrastructure Partners stock appears to be undervalued. The current stock price of €9.03 is trading 27.6% below its estimated GF Value™ of €12.48. GuruFocus considers Antin Infrastructure Partners to be Modestly Undervalued.

Key valuation signals for FRA:8ZU:

  • EBIT: €153.1 Mil
  • GF Value™: €12.48 vs. price of €9.03 (27.6% below fair value)
  • GF Score™: 94/100 with 4 warning signs

No single metric tells the full story. See the FRA:8ZU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Antin Infrastructure Partners Business Description

Address 374 Rue Saint-Honore, Paris, FRA, 75001
Antin Infrastructure Partners is an independent private equity firm focused on infrastructure investments. It manages multiple funds that invest in infrastructure projects in Europe and North America, targeting sectors such as energy and environment, digital, transportation, and social infrastructure, with the objective of generating risk-adjusted returns for investors. The majority of the company's revenue is derived from the Management fees. Geographically, it generates the maximum revenue from France.
94GF Score

Get the complete analysis for FRA:8ZU

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

€9.03
Price
€12.48
GF Value