NTRP (NextTrip) EBIT: $-15.43 Mil (TTM As of Feb. 2026)


NTRP NextTrip Inc NTRP
47 GF Score
Price $1.98
GF Value $2.43
Valuation Modestly Undervalued
! 7 Warning Signs
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What is NextTrip EBIT?

NextTrip NTRP -1.49% 47 EBIT is $-15.43 Mil as of Feb. 2026. GuruFocus rates NTRP with a GF Score™ of 47/100 and a GF Value™ of $2.43 (Modestly Undervalued). The stock has 7 warning signs investors should review.

NextTrip's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2026 was $-4.97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was $-15.43 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NextTrip's annualized ROC % for the quarter that ended in Feb. 2026 was -156.40%. NextTrip's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -994,800.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NextTrip's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -50.45%.

NextTrip  (NAS:NTRP) EBIT Explanation

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

NextTrip's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=-19.896 * ( 1 - 0% )/( (13.079 + 12.364)/ 2 )
=-19.896/12.7215
=-156.40 %

where

Invested Capital(Q: Nov. 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))
=14.425 - 2.096 - ( 2.427 - max(0, 5.051 - 4.301+2.427))
=13.079

Invested Capital(Q: Feb. 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))
=13.077 - 1.474 - ( 1.696 - max(0, 3.912 - 3.151+1.696))
=12.364

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

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

NextTrip's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-19.896/( ( (0.002 + max(-2.174, 0)) + (0.002 + max(-2.071, 0)) )/ 2 )
=-19.896/( ( 0.002 + 0.002 )/ 2 )
=-19.896/0.002
=-994,800.00 %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.372 + 0 + 1.502) - (2.096 + 1.692 + 0.26)
=-2.174

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.119 + 0 + 1.336) - (1.474 + 1.656 + 0.396)
=-2.071

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=-15.432/30.586
=-50.45 %

* 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.

NextTrip EBIT Related Terms

NextTrip EBIT Historical Data

* Premium members only.

The historical data trend for NextTrip'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.

NextTrip EBIT Chart

NextTrip Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Feb23 Feb24 Feb25 Feb26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.69 -4.96 -7.25 -8.41 -15.90

NextTrip Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -3.22 -4.17 -3.20 -3.09 -4.97

NTRP vs AHMA, YTRA, NNAX: EBIT Comparison

For the Travel Services subindustry, NextTrip'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.

NextTrip EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, NextTrip's EV-to-EBIT distribution charts can be found below:

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


NTRP
47GF Score
NextTrip Inc NTRP
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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NextTrip 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.43 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 $-15.43 Mil mean?
NextTrip (NTRP) has a EBIT of $-15.43 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NextTrip.
Is NextTrip's EBIT too high?
NextTrip's current EBIT is $-15.43 Mil. Overall, NextTrip has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NextTrip's EBIT compare to AHMA and YTRA?
NextTrip's EBIT of $-15.43 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good EBIT depends on the Travel & Leisure 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 NextTrip. NextTrip's current EBIT is $-15.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextTrip stock overvalued right now?
Based on GuruFocus' analysis, NextTrip (NTRP) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.43, compared to a current price of $1.98 — trading 18.5% below its estimated fair value. The current EBIT is $-15.43 Mil. NextTrip's overall GF Score™ is 47/100 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 NextTrip (NTRP), the current EBIT is $-15.43 Mil as of Feb. 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 NextTrip (NTRP) Overvalued in 2026?

Based on GuruFocus' analysis, NextTrip stock appears to be undervalued. The current stock price of $1.98 is trading 18.5% below its estimated GF Value™ of $2.43. GuruFocus considers NextTrip to be Modestly Undervalued.

Key valuation signals for NTRP:

  • EBIT: $-15.43 Mil
  • GF Value™: $2.43 vs. price of $1.98 (18.5% below fair value)
  • GF Score™: 47/100 with 7 warning signs

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

NextTrip Business Description

Address 3900 Paseo del Sol, Santa Fe, NM, USA, 87507
NextTrip Inc is a technology-forward travel and media company operating at the intersection of premium content and travel commerce. It believe the travel industry is undergoing a structural shift toward video-led discovery, personalized planning, and seamless booking experiences, where consumers increasingly move from inspiration to transaction within connected digital environments. It operate and report its business in two segments: Travel segment encompasses its travel booking and commerce operations; and Media segment encompasses its content creation, audience development, media distribution, and advertising monetization operations. The company generates majority of revenue from Travel segment.
47GF Score

Get the complete analysis for NTRP

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

$1.98
Price
$2.43
GF Value