TNLIF (Trainline) EBIT: $170.9 Mil (TTM As of Feb. 2026)


TNLIF Trainline PLC TNLIF
70 GF Score
Price $2.97
GF Value $5.62
! 2 Warning Signs
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What is Trainline EBIT?

Trainline TNLIF 70 EBIT is $170.9 Mil as of Feb. 2026. GuruFocus rates TNLIF with a GF Score™ of 70/100 and a GF Value™ of $5.62. The stock has 2 warning signs investors should review.

Trainline's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2026 was $73.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was $170.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Trainline's annualized ROC % for the quarter that ended in Feb. 2026 was 11.50%. Trainline's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 249.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Trainline's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 13.57%.


Trainline  (OTCPK:TNLIF) EBIT Explanation

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

Trainline'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: Aug. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=148.192 * ( 1 - 35.52% )/( (853.195 + 808.864)/ 2 )
=95.5542016/831.0295
=11.50 %

where

Invested Capital(Q: Aug. 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))
=945.312 - 382.896 - ( 76.892 - max(0, 498.378 - 207.599+76.892))
=853.195

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))
=950.618 - 258.575 - ( 81.118 - max(0, 318.761 - 201.94+81.118))
=808.864

Note: The Operating Income data used here is two times the semi-annual (Feb. 2026) data.

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

Trainline'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: Aug. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=147.476/( ( (53.159 + max(-252.189, 0)) + (64.938 + max(-200.95, 0)) )/ 2 )
=147.476/( ( 53.159 + 64.938 )/ 2 )
=147.476/59.0485
=249.75 %

where Working Capital is:

Working Capital(Q: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(130.707 + 0 + 0) - (382.896 + 0 + -5.6843418860808E-14)
=-252.189

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(103.365 + 0 + 10.261) - (258.575 + 0 + 56.001)
=-200.95

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Feb. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=170.855/1259.354
=13.57 %

* 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.


Trainline EBIT Related Terms


Trainline EBIT Historical Data

* Premium members only.

The historical data trend for Trainline'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.

Trainline EBIT Chart

Trainline Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.87 39.08 71.32 111.66 171.78

Trainline Semi-Annual Data
Feb17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 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 43.32 65.46 48.25 97.12 73.74

TNLIF vs BKNG, ABNB, RCL: EBIT Comparison

For the Travel Services subindustry, Trainline'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.


Trainline EV-to-EBIT vs Travel & Leisure Industry

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

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


TNLIF
70GF Score
Trainline PLC TNLIF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Trainline 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 semi-annually data reported by the company within the most recent 12 months, which was $170.9 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 $170.9 Mil mean?
Trainline (TNLIF) has a EBIT of $170.9 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Trainline.
Is Trainline's EBIT too high?
Trainline's current EBIT is $170.9 Mil. Overall, Trainline has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Trainline's EBIT compare to BKNG and ABNB?
Trainline's EBIT of $170.9 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 Trainline. Trainline's current EBIT is $170.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trainline stock overvalued right now?
Trainline (TNLIF) has a current EBIT of $170.9 Mil. The stock's GF Value™ is $5.62, compared to a current price of $2.97 — trading 47.2% below its estimated fair value. The current EBIT is $170.9 Mil. Trainline's overall GF Score™ is 70/100 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 Trainline (TNLIF), the current EBIT is $170.9 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 Trainline (TNLIF) Overvalued in 2026?

Based on GuruFocus' analysis, Trainline stock appears to be undervalued. The current stock price of $2.97 is trading 47.2% below its estimated GF Value™ of $5.62.

Key valuation signals for TNLIF:

  • EBIT: $170.9 Mil
  • GF Value™: $5.62 vs. price of $2.97 (47.2% below fair value)
  • GF Score™: 70/100 with 2 warning signs

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


Trainline Business Description

Address 1 Stonecutter Street, London, GBR, EC4A 4AH
Trainline PLC are the main independent rail and coach travel platform selling rail and coach tickets world'wide. The Group has three operating segments UK Consumer includes Travel apps and websites for individual travellers for journeys within the UK; International Consumer includes Travel apps and websites for individual travellers for journeys outside the UK including journeys between the UK and outside the UK, and Trainline Solutions1 includes Travel portal platforms for Trainline's own branded business units, in addition to external corporates, travel management companies and whitelabel ecommerce platforms for Train Operating Companies. It generates majority of revenue from UK Consumer. It has presence in UK and Rest of world of which majority of revenue comes from UK.
70GF Score

Get the complete analysis for TNLIF

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

$2.97
Price
$5.62
GF Value