Tate & Lyle (LSE:TATE) EBIT: £188 Mil (TTM As of Mar. 2026)


LSE:TATE Tate & Lyle PLC LSE:TATE
79 GF Score
Price £5.54
GF Value £6.49
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Tate & Lyle EBIT?

Tate & Lyle LSE:TATE 79 EBIT is £188 Mil as of Mar. 2026. GuruFocus rates LSE:TATE with a GF Score™ of 79/100 and a GF Value™ of £6.49 (Modestly Undervalued). The stock has 10 warning signs investors should review.

Tate & Lyle's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was £86 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was £188 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tate & Lyle's annualized ROC % for the quarter that ended in Mar. 2026 was 10.02%. Tate & Lyle's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tate & Lyle's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.53%.


Tate & Lyle  (LSE:TATE) EBIT Explanation

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

Tate & Lyle'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=292 * ( 1 - 0% )/( (2867 + 2961)/ 2 )
=292/2914
=10.02 %

where

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

Tate & Lyle'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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=172/( ( (1371 + max(516, 0)) + (1398 + max(440, 0)) )/ 2 )
=172/( ( 1887 + 1838 )/ 2 )
=172/1862.5
=9.23 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(379 + 547 + 10) - (407 + 0 + 13)
=516

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(331 + 572 + 10) - (361 + 0 + 112)
=440

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

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

Tate & Lyle's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=188/3401.808
=5.53 %

* 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.


Tate & Lyle EBIT Related Terms


Tate & Lyle EBIT Historical Data

* Premium members only.

The historical data trend for Tate & Lyle'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.

Tate & Lyle EBIT Chart

Tate & Lyle 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 68.00 184.00 226.00 126.00 188.00

Tate & Lyle Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 94.00 116.00 10.00 102.00 86.00

LSE:TATE vs KHC, GIS: EBIT Comparison

For the Packaged Foods subindustry, Tate & Lyle'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.


Tate & Lyle EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tate & Lyle's EV-to-EBIT distribution charts can be found below:

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


LSE:TATE
79GF Score
Tate & Lyle PLC LSE:TATE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Tate & Lyle 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 semi-annually data reported by the company within the most recent 12 months, which was £188 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 £188 Mil mean?
Tate & Lyle (LSE:TATE) has a EBIT of £188 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tate & Lyle.
Is Tate & Lyle's EBIT too high?
Tate & Lyle's current EBIT is £188 Mil. Overall, Tate & Lyle has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tate & Lyle's EBIT compare to KHC and GIS?
Tate & Lyle's EBIT of £188 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods 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 Tate & Lyle. Tate & Lyle's current EBIT is £188 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tate & Lyle stock overvalued right now?
Based on GuruFocus' analysis, Tate & Lyle (LSE:TATE) is currently considered Modestly Undervalued. The stock's GF Value™ is £6.49, compared to a current price of £5.54 — trading 14.6% below its estimated fair value. The current EBIT is £188 Mil. Tate & Lyle's overall GF Score™ is 79/100 with 10 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 Tate & Lyle (LSE:TATE), the current EBIT is £188 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 Tate & Lyle (LSE:TATE) Overvalued in 2026?

Based on GuruFocus' analysis, Tate & Lyle stock appears to be undervalued. The current stock price of £5.54 is trading 14.6% below its estimated GF Value™ of £6.49. GuruFocus considers Tate & Lyle to be Modestly Undervalued.

Key valuation signals for LSE:TATE:

  • EBIT: £188 Mil
  • GF Value™: £6.49 vs. price of £5.54 (14.6% below fair value)
  • GF Score™: 79/100 with 10 warning signs

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


Tate & Lyle Business Description

Address 5 Marble Arch, London, GBR, W1H 7EJ
Tate & Lyle is a global provider of food and beverage ingredients and solutions. Following the sale of its commodity ingredients business, as well as its exit from the sugar business a decade earlier, Tate & Lyle is now focused on specialty ingredients—sweeteners, starches, specialty gums, and soluble fiber. It has nearly 5,000 employees and operates in over 120 countries, with most of its revenue generated in North America.
79GF Score

Get the complete analysis for LSE:TATE

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

£5.54
Price
£6.49
GF Value