HRBR (Harbor Diversified) EBIT: $-19.68 Mil (TTM As of Sep. 2025)

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HRBR Harbor Diversified Inc HRBR
60 GF Score
Price $2.12
GF Value $1.98
Valuation Fairly Valued
! 4 Warning Signs
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What is Harbor Diversified EBIT?

Harbor Diversified HRBR +0.95% 60 EBIT is $-19.68 Mil as of Sep. 2025. GuruFocus rates HRBR with a GF Score™ of 60/100 and a GF Value™ of $1.98 (Fairly Valued). The stock has 4 warning signs investors should review.

Harbor Diversified's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2025 was $-5.27 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was $-19.68 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Harbor Diversified's annualized ROC % for the quarter that ended in Sep. 2025 was -78.02%. Harbor Diversified's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -46.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Harbor Diversified's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -84.36%.


Harbor Diversified  (OTCPK:HRBR) EBIT Explanation

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

Harbor Diversified's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=-52.668 * ( 1 - 2.43% )/( (71.361 + 60.378)/ 2 )
=-51.3881676/65.8695
=-78.02 %

where

Invested Capital(Q: Sep. 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))
=179.512 - 12.853 - ( 106.281 - max(0, 16.332 - 122.649+106.281))
=60.378

Note: The Operating Income data used here is four times the quarterly (Sep. 2025) data.

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

Harbor Diversified's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-21.072/( ( (47.409 + max(-8.933, 0)) + (43.857 + max(-8.466, 0)) )/ 2 )
=-21.072/( ( 47.409 + 43.857 )/ 2 )
=-21.072/45.633
=-46.18 %

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)
=(0.764 + 4.795 + 2.12) - (13.95 + 2.662 + 3.5527136788005E-15)
=-8.933

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.149 + 4.692 + 2.354) - (12.853 + 2.808 + 0)
=-8.466

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=-19.679/23.328
=-84.36 %

* 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.


Harbor Diversified EBIT Related Terms


Harbor Diversified EBIT Historical Data

* Premium members only.

The historical data trend for Harbor Diversified'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.

Harbor Diversified EBIT Chart

Harbor Diversified Annual Data
Trend Dec09 Dec10 Dec11 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.96 118.89 12.64 -19.34 -18.34

Harbor Diversified Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25
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 -8.09 -2.20 1.76 -16.17 -5.27

HRBR vs SRFM, FLYX, FLYYQ: EBIT Comparison

For the Airlines subindustry, Harbor Diversified'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.


Harbor Diversified EV-to-EBIT vs Transportation Industry

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

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


HRBR
60GF Score
Harbor Diversified Inc HRBR
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Harbor Diversified 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 Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19.68 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 $-19.68 Mil mean?
Harbor Diversified (HRBR) has a EBIT of $-19.68 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Harbor Diversified.
Is Harbor Diversified's EBIT too high?
Harbor Diversified's current EBIT is $-19.68 Mil. Overall, Harbor Diversified has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harbor Diversified's EBIT compare to SRFM and FLYX?
Harbor Diversified's EBIT of $-19.68 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 Harbor Diversified. Harbor Diversified's current EBIT is $-19.68 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbor Diversified stock overvalued right now?
Based on GuruFocus' analysis, Harbor Diversified (HRBR) is currently considered Fairly Valued. The stock's GF Value™ is $1.98, compared to a current price of $2.12 — trading 7.1% above its estimated fair value. The current EBIT is $-19.68 Mil. Harbor Diversified's overall GF Score™ is 60/100 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 Harbor Diversified (HRBR), the current EBIT is $-19.68 Mil as of Sep. 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 Harbor Diversified (HRBR) Overvalued in 2026?

Based on GuruFocus' analysis, Harbor Diversified stock appears to be overvalued. The current stock price of $2.12 is trading 7.1% above its estimated GF Value™ of $1.98. GuruFocus considers Harbor Diversified to be Fairly Valued.

Key valuation signals for HRBR:

  • EBIT: $-19.68 Mil
  • GF Value™: $1.98 vs. price of $2.12 (7.1% above fair value)
  • GF Score™: 60/100 with 4 warning signs

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


Harbor Diversified Business Description

Address 5601 West Grande Market Drive, Suite C, Appleton, WI, USA, 54913
Harbor Diversified Inc are not engaged in any operating business, and do not have any sources of revenue from operations.
60GF Score

Get the complete analysis for HRBR

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

$2.12
Price
$1.98
GF Value