IAG (Iamgold) EBIT: $1,508 Mil (TTM As of Mar. 2026)

What is Iamgold EBIT?

Iamgold IAG -5.87% 70 EBIT is $1,508 Mil as of Mar. 2026. GuruFocus rates IAG with a GF Score™ of 70/100 and a GF Value™ of $12.24 (Modestly Overvalued).

Iamgold's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $536 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $1,508 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Iamgold's annualized ROC % for the quarter that ended in Mar. 2026 was 33.65%. Iamgold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 46.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Iamgold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.72%.

Iamgold (NYSE:IAG) EBIT Explanation

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

Iamgold'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 )
=	2178.8 * ( 1 - 21.81% )	/	( (5037.2	+	5087.2)	/ 2 )
=	1703.60372	/	5062.2
=	33.65 %

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	))
=	5852.5	-	428.7	-	( 422.9	-	max(0, 517.1	-	903.7	+	422.9	))
=	5037.2

	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	))
=	5993	-	438.4	-	( 551.2	-	max(0, 523.3	-	990.7	+	551.2	))
=	5087.2

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

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

Iamgold'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 )
=	2145.6	/	( ( (4566.6 + max(-63.9, 0))	+	(4567.3 + max(-81.3, 0)) )	/	2 )
=	2145.6	/	( ( 4566.6	+	4567.3 )	/	2 )
=	2145.6	/	4566.95
=	46.98 %

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)
=	(0	+	377	+	42.9)	-	(428.7	+	0	+	55.1)
=	-63.9

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	355.9	+	53.6)	-	(438.4	+	3.6	+	48.8)
=	-81.3

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	1508.2	/	9020.066
	=	16.72 %

* 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.

Iamgold EBIT Related Terms

Iamgold EBIT Historical Data

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

Iamgold EBIT Chart

Iamgold Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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-54.50

31.60

93.70

990.50

1,074.80

Iamgold 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															104.10	183.20	228.30	560.30	536.40

IAG vs NEM, AU: EBIT Comparison

For the Gold subindustry, Iamgold'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.

Iamgold EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Iamgold's EV-to-EBIT distribution charts can be found below:

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

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70GF Score

Iamgold Corp IAG

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

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Iamgold 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 $1,508 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $1,508 Mil mean?

Iamgold (IAG) has a EBIT of $1,508 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Iamgold.

Is Iamgold's EBIT too high?

Iamgold's current EBIT is $1,508 Mil. Overall, Iamgold has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Iamgold's EBIT compare to NEM and AU?

Iamgold's EBIT of $1,508 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?

A good EBIT depends on the Metals & Mining 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 Iamgold. Iamgold's current EBIT is $1,508 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Iamgold stock overvalued right now?

Based on GuruFocus' analysis, Iamgold (IAG) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.24, compared to a current price of $15.23 — trading 24.4% above its estimated fair value. The current EBIT is $1,508 Mil. Iamgold's overall GF Score™ is 70/100. 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 Iamgold (IAG), the current EBIT is $1,508 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 Iamgold (IAG) Overvalued in 2026?

Based on GuruFocus' analysis, Iamgold stock appears to be overvalued. The current stock price of $15.23 is trading 24.4% above its estimated GF Value™ of $12.24. GuruFocus considers Iamgold to be Modestly Overvalued.

Key valuation signals for IAG:

EBIT: $1,508 Mil
GF Value™: $12.24 vs. price of $15.23 (24.4% above fair value)
GF Score™: 70/100

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

Iamgold Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSX:EQX TSX:ELD TSX:GMIN TSX:DPM TSX:OR TSX:OGC TSX:SSRM TSX:BTO TSX:MAU TSX:LUG SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM AU TSX:FNV HKSE:02259 TSX:K JSE:GFI

Other Exchanges 0XGN:UK IAL:Germany IMG:Canada

Address 150 King Street West, Suite 2200, Toronto, ON, CAN, M5H 1J9

Website https://www.iamgold.com

Iamgold Corp is a mid-tier gold mining company. The company operating gold mines are divided into geographic segments such as Cote Gold mine - Canada, Burkina Faso - Essakane mine, Westwood mine - Canada. The company's s non-gold mine segments are Exploration and evaluation and development, and Corporate - which includes royalty interests. The company generates the majority of its revenue from the Cote Gold mine segment.

70GF Score

Get the complete analysis for IAG

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

$15.23

Price

$12.24

GF Value

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