Titan America (FRA:IH9) EBIT: €230 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:IH9 Titan America SA FRA:IH9
29 GF Score
Price €14.60
! 4 Warning Signs
View Full Analysis

What is Titan America EBIT?

Titan America FRA:IH9 29 EBIT is €230 Mil as of Mar. 2026. GuruFocus rates FRA:IH9 with a GF Score™ of 29/100. The stock has 4 warning signs investors should review.

Titan America's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €42 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €230 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Titan America's annualized ROC % for the quarter that ended in Mar. 2026 was 10.05%. Titan America's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Titan America's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.63%.


Titan America  (FRA:IH9) EBIT Explanation

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

Titan America'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 )
=176.372 * ( 1 - 25.41% )/( (1305.938 + 1312.819)/ 2 )
=131.5558748/1309.3785
=10.05 %

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))
=1617.369 - 130.597 - ( 180.834 - max(0, 171.845 - 520.902+180.834))
=1305.938

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))
=1669.456 - 159.202 - ( 197.435 - max(0, 187.549 - 560.562+197.435))
=1312.819

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

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

Titan America'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 )
=169.576/( ( (850.729 + max(97.461, 0)) + (867.477 + max(156.602, 0)) )/ 2 )
=169.576/( ( 948.19 + 1024.079 )/ 2 )
=169.576/986.1345
=17.20 %

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)
=(46.379 + 193.358 + 15.431) - (130.597 + 7.654 + 19.456)
=97.461

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(122.825 + 192.118 + 14.84) - (159.202 + 0 + 13.979)
=156.602

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=230.126/3016.240
=7.63 %

* 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.


Titan America EBIT Related Terms


Titan America EBIT Historical Data

* Premium members only.

The historical data trend for Titan America'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.

Titan America EBIT Chart

Titan America Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
84.64 95.42 204.81 237.51 230.84

Titan America Quarterly Data
Dec22 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 47.54 63.22 71.38 53.13 42.39

FRA:IH9 vs USLM, TGLS, KNF: EBIT Comparison

For the Building Materials subindustry, Titan America'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.


Titan America EV-to-EBIT vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Titan America's EV-to-EBIT distribution charts can be found below:

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


FRA:IH9
29GF Score
Titan America SA FRA:IH9
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Titan America 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 €230 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 €230 Mil mean?
Titan America (FRA:IH9) has a EBIT of €230 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Titan America.
Is Titan America's EBIT too high?
Titan America's current EBIT is €230 Mil. Overall, Titan America has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Titan America's EBIT compare to USLM and TGLS?
Titan America's EBIT of €230 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good EBIT depends on the Building Materials 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 Titan America. Titan America's current EBIT is €230 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titan America stock overvalued right now?
Titan America (FRA:IH9) has a current EBIT of €230 Mil. The current EBIT is €230 Mil. Titan America's overall GF Score™ is 29/100 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 Titan America (FRA:IH9), the current EBIT is €230 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.

Titan America Business Description

Other Exchanges TTAM:USA
Address Place Sainte-Gudule 14, Bruxelles, BEL, 1000
Titan America SA is a vertically integrated, multi-regional manufacturer and supplier of heavy building materials and services operating in Florida, the New York and New Jersey Metropolitan area Metro New York, Virginia, North Carolina and South Carolina. The Company, through its wholly owned subsidiaries, operates in the manufacture, distribution, and sale of cement, fly ash, aggregates, ready-mix concrete, and concrete blocks to resellers and construction contractors in the Eastern region of the United States.
29GF Score

Get the complete analysis for FRA:IH9

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

€14.60
Price