Iveco Group NV (MIL:IVG) EBIT: €428 Mil (TTM As of Mar. 2026)


MIL:IVG Iveco Group NV MIL:IVG
71 GF Score
Price €13.93
GF Value €10.58
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Iveco Group NV EBIT?

Iveco Group NV MIL:IVG +0.04% 71 EBIT is €428 Mil as of Mar. 2026. GuruFocus rates MIL:IVG with a GF Score™ of 71/100 and a GF Value™ of €10.58 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Iveco Group NV's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €-69 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €428 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Iveco Group NV's annualized ROC % for the quarter that ended in Mar. 2026 was -1.13%. Iveco Group NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -8.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Iveco Group NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.00%.


Iveco Group NV  (MIL:IVG) EBIT Explanation

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

Iveco Group NV'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 )
=-164 * ( 1 - 23.68% )/( (12175 + 9922)/ 2 )
=-125.1648/11048.5
=-1.13 %

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:

Iveco Group NV'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 )
=-276/( ( (3122 + max(-1720, 0)) + (3086 + max(-3385, 0)) )/ 2 )
=-276/( ( 3122 + 3086 )/ 2 )
=-276/3104
=-8.89 %

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)
=(336 + 2509 + 2020) - (3782 + 0 + 2803)
=-1720

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(211 + 2953 + 411) - (4569 + 0 + 2391)
=-3385

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:

Iveco Group NV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=428/5346.879
=8.00 %

* 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.


Iveco Group NV EBIT Related Terms


Iveco Group NV EBIT Historical Data

* Premium members only.

The historical data trend for Iveco Group NV'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.

Iveco Group NV EBIT Chart

Iveco Group NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 270.00 432.00 693.00 754.00 545.00

Iveco Group NV 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 100.00 252.00 114.00 131.00 -69.00

MIL:IVG vs CAT, DE, PCAR: EBIT Comparison

For the Farm & Heavy Construction Machinery subindustry, Iveco Group NV'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.


Iveco Group NV EV-to-EBIT vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Iveco Group NV's EV-to-EBIT distribution charts can be found below:

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


MIL:IVG
71GF Score
Iveco Group NV MIL:IVG
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Iveco Group NV 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 €428 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 €428 Mil mean?
Iveco Group NV (MIL:IVG) has a EBIT of €428 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Iveco Group NV.
Is Iveco Group NV's EBIT too high?
Iveco Group NV's current EBIT is €428 Mil. Overall, Iveco Group NV has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iveco Group NV's EBIT compare to CAT and DE?
Iveco Group NV's EBIT of €428 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good EBIT depends on the Farm & Heavy Construction Machinery 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 Iveco Group NV. Iveco Group NV's current EBIT is €428 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iveco Group NV stock overvalued right now?
Based on GuruFocus' analysis, Iveco Group NV (MIL:IVG) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.58, compared to a current price of €13.93 — trading 31.6% above its estimated fair value. The current EBIT is €428 Mil. Iveco Group NV's overall GF Score™ is 71/100 with 4 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 Iveco Group NV (MIL:IVG), the current EBIT is €428 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 Iveco Group NV (MIL:IVG) Overvalued in 2026?

Based on GuruFocus' analysis, Iveco Group NV stock appears to be overvalued. The current stock price of €13.93 is trading 31.6% above its estimated GF Value™ of €10.58. GuruFocus considers Iveco Group NV to be Significantly Overvalued.

Key valuation signals for MIL:IVG:

  • EBIT: €428 Mil
  • GF Value™: €10.58 vs. price of €13.93 (31.6% above fair value)
  • GF Score™: 71/100 with 4 warning signs

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


Iveco Group NV Business Description

Address Via Puglia n. 35, Turin, ITA, 10156
Iveco Group NV is engaged in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses, and specialty vehicles for firefighting, defense, and other uses, as well as combustion engines, alternative propulsion systems, transmissions, and axles. The group has four operating segments: Truck, Bus, Powertrain, and Financial Services. The majority of revenue is generated from the Truck segment which designs, manufactures, and distributes a full range of light, medium, and heavy vehicles for the transportation and distribution of goods under the IVECO brand. Geographically, the majority of revenue is generated from Europe.
71GF Score

Get the complete analysis for MIL:IVG

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

€13.93
Price
€10.58
GF Value