Embraer (STU:EMY) EBIT: €400 Mil (TTM As of Mar. 2026)

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STU:EMY Embraer SA STU:EMY
68 GF Score
Price €57.00
GF Value €51.81
Valuation Fairly Valued
! 3 Warning Signs
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What is Embraer EBIT?

Embraer STU:EMY +0.71% 68 EBIT is €400 Mil as of Mar. 2026. GuruFocus rates STU:EMY with a GF Score™ of 68/100 and a GF Value™ of €51.81 (Fairly Valued). The stock has 3 warning signs investors should review.

Embraer's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €111 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €400 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Embraer's annualized ROC % for the quarter that ended in Mar. 2026 was 3.37%. Embraer's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Embraer's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.60%.


Embraer  (STU:EMY) EBIT Explanation

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

Embraer'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 )
=281.988 * ( 1 - 10.17% )/( (7391.542 + 7625.927)/ 2 )
=253.3098204/7508.7345
=3.37 %

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))
=11033.851 - 1602.616 - ( 2242.519 - max(0, 4066.492 - 6106.185+2242.519))
=7391.542

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))
=11209.189 - 1753.96 - ( 1829.302 - max(0, 4196.201 - 6214.592+1829.302))
=7625.927

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

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

Embraer'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 )
=442.188/( ( (1910.569 + max(-598.484, 0)) + (1951.786 + max(-302.75, 0)) )/ 2 )
=442.188/( ( 1910.569 + 1951.786 )/ 2 )
=442.188/1931.1775
=22.90 %

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)
=(247.148 + 2719.734 + 393.522) - (1602.616 + 2214.507 + 141.765)
=-598.484

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(281.817 + 3171.609 + 338.388) - (1753.96 + 2200.992 + 139.612)
=-302.75

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=399.549/11091.520
=3.60 %

* 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.


Embraer EBIT Related Terms


Embraer EBIT Historical Data

* Premium members only.

The historical data trend for Embraer'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.

Embraer EBIT Chart

Embraer 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 240.10 17.09 326.91 734.87 396.77

Embraer 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 127.47 164.73 175.43 -51.16 110.55

STU:EMY vs SPCX, GE, RTX: EBIT Comparison

For the Aerospace & Defense subindustry, Embraer'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.


Embraer EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Embraer's EV-to-EBIT distribution charts can be found below:

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


STU:EMY
68GF Score
Embraer SA STU:EMY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Embraer 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 €400 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 €400 Mil mean?
Embraer (STU:EMY) has a EBIT of €400 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Embraer.
Is Embraer's EBIT too high?
Embraer's current EBIT is €400 Mil. Overall, Embraer has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Embraer's EBIT compare to SPCX and GE?
Embraer's EBIT of €400 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good EBIT depends on the Aerospace & Defense 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 Embraer. Embraer's current EBIT is €400 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Embraer stock overvalued right now?
Based on GuruFocus' analysis, Embraer (STU:EMY) is currently considered Fairly Valued. The stock's GF Value™ is €51.81, compared to a current price of €57.00 — trading 10% above its estimated fair value. The current EBIT is €400 Mil. Embraer's overall GF Score™ is 68/100 with 3 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 Embraer (STU:EMY), the current EBIT is €400 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 Embraer (STU:EMY) Overvalued in 2026?

Based on GuruFocus' analysis, Embraer stock appears to be overvalued. The current stock price of €57.00 is trading 10% above its estimated GF Value™ of €51.81. GuruFocus considers Embraer to be Fairly Valued.

Key valuation signals for STU:EMY:

  • EBIT: €400 Mil
  • GF Value™: €51.81 vs. price of €57.00 (10% above fair value)
  • GF Score™: 68/100 with 3 warning signs

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


Embraer Business Description

Address Avenida Dra. Ruth Cardoso, 8501, 30th Floor, Eldorado Business Tower, Pinheiros, SP, BRA, 05425-070
Embraer SA based in Sao Paulo, Brazil, manufacturer of jets. Its focus is to achieve customer satisfaction with and services addressing the commercial airline, executive jets, and defense and security markets. It has developed a customer-centric technology-driven portfolio of commercial aviation products and services that allows it to build long-term relationships with clients in the commercial aviation, executive jets, and defense and security markets. It operates through the various segments namely Commercial Aviation, Defense and Security, Executive Aviation, Service and Support, and Other Segments. The company generates maximum revenue from the Commercial Aviation segment. Geographically, the company operates in Brazil, Europe, Asia Pacific, North America, and Others.
68GF Score

Get the complete analysis for STU:EMY

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

€57.00
Price
€51.81
GF Value