SMR (NuScale Power) EBIT: $-711.77 Mil (TTM As of Mar. 2026)


SMR NuScale Power Corp SMR
64 GF Score
Price $10.21
GF Value $5.13
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is NuScale Power EBIT?

NuScale Power SMR -5.99% 64 EBIT is $-711.77 Mil as of Mar. 2026. GuruFocus rates SMR with a GF Score™ of 64/100 and a GF Value™ of $5.13 (Significantly Overvalued). The stock has 4 warning signs investors should review.

NuScale Power's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-57.52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-711.77 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NuScale Power's annualized ROC % for the quarter that ended in Mar. 2026 was -115.60%. NuScale Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -9,014.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NuScale Power's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -27.51%.


NuScale Power  (NYSE:SMR) EBIT Explanation

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

NuScale Power'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 )
=-230.096 * ( 1 - 0% )/( (148.833 + 249.242)/ 2 )
=-230.096/199.0375
=-115.60 %

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))
=1412.512 - 287.163 - ( 1254.217 - max(0, 296.056 - 1272.572+1254.217))
=148.833

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))
=1148.327 - 21.558 - ( 890.129 - max(0, 30.938 - 908.465+890.129))
=249.242

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

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

NuScale Power'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 )
=-230.096/( ( (1.924 + max(-277.701, 0)) + (3.181 + max(-11.874, 0)) )/ 2 )
=-230.096/( ( 1.924 + 3.181 )/ 2 )
=-230.096/2.5525
=-9,014.53 %

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)
=(8.378 + 0 + 9.9769999999999) - (287.163 + 0.613 + 8.28)
=-277.701

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.468 + 0 + 9.8680000000001) - (21.558 + 1.409 + 7.243)
=-11.874

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-711.768/2587.365
=-27.51 %

* 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.


NuScale Power EBIT Related Terms


NuScale Power EBIT Historical Data

* Premium members only.

The historical data trend for NuScale Power'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.

NuScale Power EBIT Chart

NuScale Power Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -174.30 -230.00 -275.57 -138.73 -689.57

NuScale Power 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 -35.33 -43.08 -538.44 -72.72 -57.52

SMR vs FELE, MIR, CSW: EBIT Comparison

For the Specialty Industrial Machinery subindustry, NuScale Power'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.


NuScale Power EV-to-EBIT vs Industrial Products Industry

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

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


SMR
64GF Score
NuScale Power Corp SMR
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NuScale Power 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 $-711.77 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 $-711.77 Mil mean?
NuScale Power (SMR) has a EBIT of $-711.77 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NuScale Power.
Is NuScale Power's EBIT too high?
NuScale Power's current EBIT is $-711.77 Mil. Overall, NuScale Power has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NuScale Power's EBIT compare to FELE and MIR?
NuScale Power's EBIT of $-711.77 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 NuScale Power. NuScale Power's current EBIT is $-711.77 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuScale Power stock overvalued right now?
Based on GuruFocus' analysis, NuScale Power (SMR) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.13, compared to a current price of $10.21 — trading 99% above its estimated fair value. The current EBIT is $-711.77 Mil. NuScale Power's overall GF Score™ is 64/100 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 NuScale Power (SMR), the current EBIT is $-711.77 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 NuScale Power (SMR) Overvalued in 2026?

Based on GuruFocus' analysis, NuScale Power stock appears to be overvalued. The current stock price of $10.21 is trading 99% above its estimated GF Value™ of $5.13. GuruFocus considers NuScale Power to be Significantly Overvalued.

Key valuation signals for SMR:

  • EBIT: $-711.77 Mil
  • GF Value™: $5.13 vs. price of $10.21 (99% above fair value)
  • GF Score™: 64/100 with 4 warning signs

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


NuScale Power Business Description

Address 1100 NE Circle Boulevard, Suite 200, Corvallis, OR, USA, 97330
NuScale Power Corp is redefining nuclear power through the development of proprietary and inventive SMR technology that the Company believes will deliver safe, scalable, cost-effective and reliable carbon-free power. The Company's core technology, the Light Water Nuclear Reactor NuScale Power Module (NPM), can generate 77 MWe and is premised on well-established nuclear technology principles, with a focus on the integration of components, simplification or elimination of systems and use of passive safety features. Its products are VOYGR Plants and E2 Centers.
64GF Score

Get the complete analysis for SMR

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

$10.21
Price
$5.13
GF Value