TPI Composites (MEX:TPIC) EBIT: MXN-4,340 Mil (TTM As of Dec. 2025)


MEX:TPIC TPI Composites Inc MEX:TPIC
16 GF Score
Price MXN99.00
GF Value MXN38,457.69
! 7 Warning Signs
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What is TPI Composites EBIT?

TPI Composites MEX:TPIC 16 EBIT is MXN-4,340 Mil as of Dec. 2025. GuruFocus rates MEX:TPIC with a GF Score™ of 16/100 and a GF Value™ of MXN38,457.69. The stock has 7 warning signs investors should review.

TPI Composites's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was MXN-1,316 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was MXN-4,340 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TPI Composites's annualized ROC % for the quarter that ended in Dec. 2025 was -17.58%. TPI Composites's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -186.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TPI Composites's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -52.36%.


TPI Composites  (MEX:TPIC) EBIT Explanation

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

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

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-2122.8 * ( 1 - 1.25% )/( (11933.948 + 11909.437)/ 2 )
=-2096.265/11921.6925
=-17.58 %

where

Invested Capital(Q: Sep. 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))
=6986.792 - 2402.558 - ( 541.154 - max(0, 10717.452 - 3367.738+541.154))
=11933.948

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))
=6165.836 - 2983.869 - ( 250.261 - max(0, 11521.901 - 2794.431+250.261))
=11909.437

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

TPI Composites's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5263.5/( ( (2931.33 + max(-508.245, 0)) + (2722.174 + max(-803.791, 0)) )/ 2 )
=-5263.5/( ( 2931.33 + 2722.174 )/ 2 )
=-5263.5/2826.752
=-186.20 %

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)
=(802.284 + 43.934 + 1054.938) - (2402.558 + 0 + 6.8429999999989)
=-508.245

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(892.759 + 496.795 + 790.523) - (2983.869 + 0 + -0.0010000000002037)
=-803.791

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-4340.004/8289.176
=-52.36 %

* 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.


TPI Composites EBIT Related Terms


TPI Composites EBIT Historical Data

* Premium members only.

The historical data trend for TPI Composites'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.

TPI Composites EBIT Chart

TPI Composites 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 -2,306.27 390.66 -2,914.34 -2,718.00 -4,170.70

TPI Composites Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 -589.01 -484.23 -840.48 -1,699.43 -1,315.88

MEX:TPIC vs EXROF, OZSC, ADNH: EBIT Comparison

For the Specialty Industrial Machinery subindustry, TPI Composites'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.


TPI Composites EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, TPI Composites's EV-to-EBIT distribution charts can be found below:

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


MEX:TPIC
16GF Score
TPI Composites Inc MEX:TPIC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TPI Composites 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 quarterly data reported by the company within the most recent 12 months, which was MXN-4,340 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 MXN-4,340 Mil mean?
TPI Composites (MEX:TPIC) has a EBIT of MXN-4,340 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TPI Composites.
Is TPI Composites' EBIT too high?
TPI Composites' current EBIT is MXN-4,340 Mil. Overall, TPI Composites has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does TPI Composites' EBIT compare to EXROF and OZSC?
TPI Composites' EBIT of MXN-4,340 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good EBIT depends on the Industrial Products 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 TPI Composites. TPI Composites's current EBIT is MXN-4,340 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPI Composites stock overvalued right now?
TPI Composites (MEX:TPIC) has a current EBIT of MXN-4,340 Mil. The stock's GF Value™ is MXN38,457.69, compared to a current price of MXN99.00 — trading 99.7% below its estimated fair value. The current EBIT is MXN-4,340 Mil. TPI Composites' overall GF Score™ is 16/100 with 7 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 TPI Composites (MEX:TPIC), the current EBIT is MXN-4,340 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 TPI Composites (MEX:TPIC) Overvalued in 2026?

Based on GuruFocus' analysis, TPI Composites stock appears to be undervalued. The current stock price of MXN99.00 is trading 99.7% below its estimated GF Value™ of MXN38,457.69.

Key valuation signals for MEX:TPIC:

  • EBIT: MXN-4,340 Mil
  • GF Value™: MXN38,457.69 vs. price of MXN99.00 (99.7% below fair value)
  • GF Score™: 16/100 with 7 warning signs

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


TPI Composites Business Description

Other Exchanges TPICQ:USA
Address 9200 E Pima Center Parkway, Suite 250, Scottsdale, AZ, USA, 85258
TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue.
16GF Score

Get the complete analysis for MEX:TPIC

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

MXN99.00
Price
MXN38,457.69
GF Value