SK Hynix (LUX:HYNSE) EBIT: $64,273 Mil (TTM As of Mar. 2026)


LUX:HYNSE SK Hynix Inc LUX:HYNSE
98 GF Score
Price $1,690.00
GF Value $541.30
Valuation Significantly Overvalued
! 6 Warning Signs
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What is SK Hynix EBIT?

SK Hynix LUX:HYNSE +0.60% 98 EBIT is $64,273 Mil as of Mar. 2026. GuruFocus rates LUX:HYNSE with a GF Score™ of 98/100 and a GF Value™ of $541.30 (Significantly Overvalued). The stock has 6 warning signs investors should review.

SK Hynix's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $34,742 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $64,273 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SK Hynix's annualized ROC % for the quarter that ended in Mar. 2026 was 88.09%. SK Hynix's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 220.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SK Hynix's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.45%.


SK Hynix  (LUX:HYNSE) EBIT Explanation

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

SK Hynix'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 )
=100932.132 * ( 1 - 21.84% )/( (87157.241 + 91949.325)/ 2 )
=78888.5543712/89553.283
=88.09 %

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))
=120180.884 - 11131.969 - ( 23978.839 - max(0, 25508.494 - 47400.168+23978.839))
=87157.241

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))
=149497.55 - 21076.647 - ( 36471.578 - max(0, 27306.304 - 71455.787+36471.578))
=91949.325

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

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

SK Hynix'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 )
=138968.632/( ( (54484.518 + max(3507.022, 0)) + (56628.378 + max(11611.843, 0)) )/ 2 )
=138968.632/( ( 57991.54 + 68240.221 )/ 2 )
=138968.632/63115.8805
=220.18 %

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)
=(12419.569 + 9751.487 + 901.154) - (11131.969 + 0 + 8433.219)
=3507.022

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22681.947 + 10717.171 + 1213.65) - (21076.647 + 0 + 1924.278)
=11611.843

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=64273.212/1178285.650
=5.45 %

* 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.


SK Hynix EBIT Related Terms


SK Hynix EBIT Historical Data

* Premium members only.

The historical data trend for SK Hynix'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.

SK Hynix EBIT Chart

SK Hynix 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 11,551.73 3,506.51 -7,811.70 17,521.28 35,069.49

SK Hynix 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 6,553.14 6,553.22 10,782.63 12,195.20 34,742.16

LUX:HYNSE vs NVDA, AVGO, MU: EBIT Comparison

For the Semiconductors subindustry, SK Hynix'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.


SK Hynix EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, SK Hynix's EV-to-EBIT distribution charts can be found below:

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


LUX:HYNSE
98GF Score
SK Hynix Inc LUX:HYNSE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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SK Hynix 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 $64,273 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 $64,273 Mil mean?
SK Hynix (LUX:HYNSE) has a EBIT of $64,273 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SK Hynix.
Is SK Hynix's EBIT too high?
SK Hynix's current EBIT is $64,273 Mil. Overall, SK Hynix has a GF Score™ of 98/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SK Hynix's EBIT compare to NVDA and AVGO?
SK Hynix's EBIT of $64,273 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good EBIT depends on the Semiconductors 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 SK Hynix. SK Hynix's current EBIT is $64,273 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SK Hynix stock overvalued right now?
Based on GuruFocus' analysis, SK Hynix (LUX:HYNSE) is currently considered Significantly Overvalued. The stock's GF Value™ is $541.30, compared to a current price of $1,690.00 — trading 212.2% above its estimated fair value. The current EBIT is $64,273 Mil. SK Hynix's overall GF Score™ is 98/100 with 6 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 SK Hynix (LUX:HYNSE), the current EBIT is $64,273 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 SK Hynix (LUX:HYNSE) Overvalued in 2026?

Based on GuruFocus' analysis, SK Hynix stock appears to be overvalued. The current stock price of $1,690.00 is trading 212.2% above its estimated GF Value™ of $541.30. GuruFocus considers SK Hynix to be Significantly Overvalued.

Key valuation signals for LUX:HYNSE:

  • EBIT: $64,273 Mil
  • GF Value™: $541.30 vs. price of $1,690.00 (212.2% above fair value)
  • GF Score™: 98/100 with 6 warning signs

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


SK Hynix Business Description

Other Exchanges 000660:KoreaHY9H:Germany
Address 2091 Gyeongchung-daero, Bubal-eup, Gyeonggi-do, Icheon, KOR, 17336
SK Hynix is a semiconductor memory manufacturer with around 60%-70% of its revenue from DRAM and 30%-35% of its revenue from NAND. The company is both the second-largest DRAM and NAND supplier globally with a 33% and 21% market share, respectively, as of 2024. SK Hynix increased its market position in NAND from fourth to second, after acquiring Intel's NAND business in 2021. SK Square, an investment management company spun off from SK Telecom, is SK Hynix's largest shareholder and currently holds 20% of the company's shares.
98GF Score

Get the complete analysis for LUX:HYNSE

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

$1,690.00
Price
$541.30
GF Value