LBRMF (Labrador Iron Mines Holdings) EBIT: $-0.41 Mil (TTM As of Mar. 2026)

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What is Labrador Iron Mines Holdings EBIT?

Labrador Iron Mines Holdings LBRMF -66.67% EBIT is $-0.41 Mil as of Mar. 2026. The stock has 1 warning sign investors should review.

Labrador Iron Mines Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-0.11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.41 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Labrador Iron Mines Holdings's annualized ROC % for the quarter that ended in Mar. 2026 was -2.12%. Labrador Iron Mines Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Labrador Iron Mines Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -4.27%.


Labrador Iron Mines Holdings  (OTCPK:LBRMF) EBIT Explanation

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

Labrador Iron Mines Holdings'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 )
=-0.436 * ( 1 - 0% )/( (20.453 + 20.659)/ 2 )
=-0.436/20.556
=-2.12 %

where

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

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

Labrador Iron Mines Holdings'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 )
=-0.436/( ( (19.385 + max(-2.191, 0)) + (19.555 + max(-2.309, 0)) )/ 2 )
=-0.436/( ( 19.385 + 19.555 )/ 2 )
=-0.436/19.47
=-2.24 %

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 + 0 + 0) - (1.528 + 0.663 + 0)
=-2.191

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + -0.001) - (1.641 + 0.667 + 4.4408920985006E-16)
=-2.309

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:

Labrador Iron Mines Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-0.41/9.599
=-4.27 %

* 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.


Labrador Iron Mines Holdings EBIT Related Terms


Labrador Iron Mines Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Labrador Iron Mines Holdings'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.

Labrador Iron Mines Holdings EBIT Chart

Labrador Iron Mines Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.56 -0.49 -0.40 -0.41

Labrador Iron Mines Holdings 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 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 -0.10 -0.08 -0.13 -0.09 -0.11

LBRMF vs GTIJF: EBIT Comparison

For the Other Industrial Metals & Mining subindustry, Labrador Iron Mines Holdings'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.


Labrador Iron Mines Holdings EV-to-EBIT vs Metals & Mining Industry

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

* The bar in red indicates where Labrador Iron Mines Holdings's EV-to-EBIT falls into.



Labrador Iron Mines Holdings 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 $-0.41 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 $-0.41 Mil mean?
Labrador Iron Mines Holdings (LBRMF) has a EBIT of $-0.41 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Labrador Iron Mines Holdings.
Is Labrador Iron Mines Holdings' EBIT too high?
Labrador Iron Mines Holdings' current EBIT is $-0.41 Mil.
How does Labrador Iron Mines Holdings' EBIT compare to GTIJF?
Labrador Iron Mines Holdings' EBIT of $-0.41 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 Labrador Iron Mines Holdings. Labrador Iron Mines Holdings's current EBIT is $-0.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Labrador Iron Mines Holdings stock overvalued right now?
Labrador Iron Mines Holdings (LBRMF) has a current EBIT of $-0.41 Mil. The current EBIT is $-0.41 Mil. 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 Labrador Iron Mines Holdings (LBRMF), the current EBIT is $-0.41 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.

Labrador Iron Mines Holdings Business Description

Address 55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7
Labrador Iron Mines Holdings Ltd is a mineral resource company. The company through its subsidiaries is engaged in the business of mining iron ore and the exploration and development of direct shipping iron ore. Its projects include James, Redmond, Knob Lake, Houston and Malcolm, Sawyer Lake, Astray Lake, and Kivivic Number 1 and 2.