NHYDY (Norsk Hydro ASA) EBIT: $1,327 Mil (TTM As of Mar. 2026)


NHYDY Norsk Hydro ASA NHYDY
82 GF Score
Price $8.93
GF Value $6.84
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Norsk Hydro ASA EBIT?

Norsk Hydro ASA NHYDY -1.87% 82 EBIT is $1,327 Mil as of Mar. 2026. GuruFocus rates NHYDY with a GF Score™ of 82/100 and a GF Value™ of $6.84 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Norsk Hydro ASA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $698 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $1,327 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Norsk Hydro ASA's annualized ROC % for the quarter that ended in Mar. 2026 was 16.12%. Norsk Hydro ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Norsk Hydro ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.79%.


Norsk Hydro ASA  (OTCPK:NHYDY) EBIT Explanation

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

Norsk Hydro ASA'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 )
=3771.148 * ( 1 - 30.79% )/( (15952.963 + 16435.612)/ 2 )
=2610.0115308/16194.2875
=16.12 %

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))
=20609.287 - 2262.316 - ( 2394.008 - max(0, 4664.239 - 8061.819+2394.008))
=15952.963

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))
=21424.43 - 2677.924 - ( 2310.894 - max(0, 4548.071 - 8429.379+2310.894))
=16435.612

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

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

Norsk Hydro ASA'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 )
=2792.124/( ( (7730.56 + max(1224.609, 0)) + (7963.68 + max(2098.648, 0)) )/ 2 )
=2792.124/( ( 8955.169 + 10062.328 )/ 2 )
=2792.124/9508.7485
=29.36 %

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)
=(1754.643 + 2750.398 + 577.526) - (2262.316 + 0 + 1595.642)
=1224.609

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3249.332 + 2869.153 + 1.8189894035459E-12) - (2677.924 + 0 + 1341.913)
=2098.648

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:

Norsk Hydro ASA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1327.448/19547.800
=6.79 %

* 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.


Norsk Hydro ASA EBIT Related Terms


Norsk Hydro ASA EBIT Historical Data

* Premium members only.

The historical data trend for Norsk Hydro ASA'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.

Norsk Hydro ASA EBIT Chart

Norsk Hydro ASA 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 2,171.89 3,403.31 841.75 1,074.47 1,615.73

Norsk Hydro ASA 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 917.57 409.38 365.98 -145.94 698.03

NHYDY vs AA, CENX, CSTM: EBIT Comparison

For the Aluminum subindustry, Norsk Hydro ASA'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.


Norsk Hydro ASA EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's EV-to-EBIT distribution charts can be found below:

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


NHYDY
82GF Score
Norsk Hydro ASA NHYDY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Norsk Hydro ASA 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 $1,327 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 $1,327 Mil mean?
Norsk Hydro ASA (NHYDY) has a EBIT of $1,327 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Norsk Hydro ASA.
Is Norsk Hydro ASA's EBIT too high?
Norsk Hydro ASA's current EBIT is $1,327 Mil. Overall, Norsk Hydro ASA has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norsk Hydro ASA's EBIT compare to AA and CENX?
Norsk Hydro ASA's EBIT of $1,327 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good EBIT depends on the Metals & Mining 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 Norsk Hydro ASA. Norsk Hydro ASA's current EBIT is $1,327 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norsk Hydro ASA stock overvalued right now?
Based on GuruFocus' analysis, Norsk Hydro ASA (NHYDY) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.84, compared to a current price of $8.93 — trading 30.6% above its estimated fair value. The current EBIT is $1,327 Mil. Norsk Hydro ASA's overall GF Score™ is 82/100 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 Norsk Hydro ASA (NHYDY), the current EBIT is $1,327 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 Norsk Hydro ASA (NHYDY) Overvalued in 2026?

Based on GuruFocus' analysis, Norsk Hydro ASA stock appears to be overvalued. The current stock price of $8.93 is trading 30.6% above its estimated GF Value™ of $6.84. GuruFocus considers Norsk Hydro ASA to be Modestly Overvalued.

Key valuation signals for NHYDY:

  • EBIT: $1,327 Mil
  • GF Value™: $6.84 vs. price of $8.93 (30.6% above fair value)
  • GF Score™: 82/100 with 2 warning signs

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


Norsk Hydro ASA Business Description

Address Drammensveien 264, Oslo, NOR, NO-0283
Norsk Hydro ASA is an aluminium and renewable energy company. The company owns and operates businesses and holds investments in sustainable industries. Its operations span multiple market segments, including aluminum, energy, metal recycling, renewable energy, and batteries, providing expertise across these areas. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Energy, Hydro Aluminium Metal and Hydro Extrusions and Hydro Metal Markets activities. The majority of the company's revenue is derived from the Hydro Extrusions segment, which delivers products within extruded profiles, building systems and precision tubing, and operates several recycling facilities, both integrated with its extrusion plants and separate plants.
82GF Score

Get the complete analysis for NHYDY

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

$8.93
Price
$6.84
GF Value