Aviva (LSE:AV.) EBIT: £1,818 Mil (TTM As of Dec. 2025)


LSE:AV. Aviva PLC LSE:AV.
62 GF Score
Price £6.42
GF Value £8.59
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Aviva EBIT?

Aviva LSE:AV. -0.19% 62 EBIT is £1,818 Mil as of Dec. 2025. GuruFocus rates LSE:AV. with a GF Score™ of 62/100 and a GF Value™ of £8.59 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Aviva's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was £530 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was £1,818 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aviva's annualized ROC % for the quarter that ended in Dec. 2025 was 0.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aviva's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 21.05%.


Aviva  (LSE:AV.) EBIT Explanation

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

Aviva's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=1060 * ( 1 - 37.99% )/( (327876.8 + 375940)/ 2 )
=657.306/351908.4
=0.19 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=362142 - 15286 - ( 19960 - 5% * 19616 )
=327876.8

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=395304 - 2966 - ( 18289 - 5% * 37820 )
=375940

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) data.

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=1818/8637.802
=21.05 %

* 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.


Aviva EBIT Related Terms


Aviva EBIT Historical Data

* Premium members only.

The historical data trend for Aviva'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.

Aviva EBIT Chart

Aviva Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 996.00 -1,086.00 1,842.00 1,392.00 1,818.00

Aviva Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,068.00 1,047.00 345.00 1,288.00 530.00

LSE:AV. vs BRK.A, AIG, HIG: EBIT Comparison

For the Insurance - Diversified subindustry, Aviva'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.


Aviva EV-to-EBIT vs Insurance Industry

For the Insurance industry and Financial Services sector, Aviva's EV-to-EBIT distribution charts can be found below:

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


LSE:AV.
62GF Score
Aviva PLC LSE:AV.
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Aviva 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 £1,818 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 £1,818 Mil mean?
Aviva (LSE:AV.) has a EBIT of £1,818 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Aviva.
Is Aviva's EBIT too high?
Aviva's current EBIT is £1,818 Mil. Overall, Aviva has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aviva's EBIT compare to BRK.A and AIG?
Aviva's EBIT of £1,818 Mil can be compared against companies in the Insurance 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 Insurance company?
A good EBIT depends on the Insurance 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 Aviva. Aviva's current EBIT is £1,818 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aviva stock overvalued right now?
Based on GuruFocus' analysis, Aviva (LSE:AV.) is currently considered Modestly Undervalued. The stock's GF Value™ is £8.59, compared to a current price of £6.42 — trading 25.2% below its estimated fair value. The current EBIT is £1,818 Mil. Aviva's overall GF Score™ is 62/100 with 2 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 Aviva (LSE:AV.), the current EBIT is £1,818 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 Aviva (LSE:AV.) Overvalued in 2026?

Based on GuruFocus' analysis, Aviva stock appears to be undervalued. The current stock price of £6.42 is trading 25.2% below its estimated GF Value™ of £8.59. GuruFocus considers Aviva to be Modestly Undervalued.

Key valuation signals for LSE:AV.:

  • EBIT: £1,818 Mil
  • GF Value™: £8.59 vs. price of £6.42 (25.2% below fair value)
  • GF Score™: 62/100 with 2 warning signs

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


Aviva Business Description

Address 80 Fenchurch Street, London, GBR, EC3M 4AE
Aviva is a multiline insurer listed on the London Stock Exchange. The company traces its roots back to the 17th century with the establishment of Hand in Hand. After the Great Fire of London, this mutual was formed to provide protection against fires. Hand in Hand was then acquired in 1905 by Commercial Union. Over the years, Hand in Hand insured London landmarks such as London Bridge, the British Museum, and Lambeth Palace. The life insurance part of Aviva began in the early part of the 18th century with the establishment of Amicable, also a mutual, but this time to protect widows and children against loss of life and loss of income.
62GF Score

Get the complete analysis for LSE:AV.

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

£6.42
Price
£8.59
GF Value