Alimentation Couche-Tard (TSX:ATD) EBIT: C$6,616 Mil (TTM As of Apr. 2026)


TSX:ATD Alimentation Couche-Tard Inc TSX:ATD
84 GF Score
Price C$93.76
GF Value C$84.36
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Alimentation Couche-Tard EBIT?

Alimentation Couche-Tard TSX:ATD +2.06% 84 EBIT is C$6,616 Mil as of Apr. 2026. GuruFocus rates TSX:ATD with a GF Score™ of 84/100 and a GF Value™ of C$84.36 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Alimentation Couche-Tard's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2026 was C$1,742 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was C$6,616 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alimentation Couche-Tard's annualized ROC % for the quarter that ended in Apr. 2026 was 10.81%. Alimentation Couche-Tard's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 24.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Alimentation Couche-Tard's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 6.29%.

Alimentation Couche-Tard  (TSX:ATD) EBIT Explanation

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

Alimentation Couche-Tard's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=6918.26 * ( 1 - 23.63% )/( (49027.79 + 48768.658)/ 2 )
=5283.475162/48898.224
=10.81 %

where

Invested Capital(Q: Jan. 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))
=56314.439 - 7856.355 - ( 2148.965 - max(0, 11007.849 - 10438.143+2148.965))
=49027.79

Invested Capital(Q: Apr. 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))
=59852.869 - 9561.093 - ( 4318.894 - max(0, 12277.783 - 13800.901+4318.894))
=48768.658

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

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

Alimentation Couche-Tard's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6968.876/( ( (27892.197 + max(-381.043, 0)) + (28156.776 + max(-2399.798, 0)) )/ 2 )
=6968.876/( ( 27892.197 + 28156.776 )/ 2 )
=6968.876/28024.4865
=24.87 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3922.807 + 3613.373 + 642.004) - (7856.355 + 0 + 702.872)
=-381.043

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3242.23 + 4307.89 + 349.902) - (9561.093 + 0 + 738.727)
=-2399.798

When net working capital is negative, 0 is used.

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

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

Alimentation Couche-Tard's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2026 )
=6616.405/105188.921
=6.29 %

* 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.

Alimentation Couche-Tard EBIT Related Terms

Alimentation Couche-Tard EBIT Historical Data

* Premium members only.

The historical data trend for Alimentation Couche-Tard'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.

Alimentation Couche-Tard EBIT Chart

Alimentation Couche-Tard Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,700.02 5,773.85 5,421.74 5,543.05 6,595.32

Alimentation Couche-Tard Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 926.10 1,623.48 1,584.14 1,666.57 1,742.22

TSX:ATD vs CASY, WSM, ULTA: EBIT Comparison

For the Specialty Retail subindustry, Alimentation Couche-Tard'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.

Alimentation Couche-Tard EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alimentation Couche-Tard's EV-to-EBIT distribution charts can be found below:

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


TSX:ATD
84GF Score
Alimentation Couche-Tard Inc TSX:ATD
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alimentation Couche-Tard 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$6,616 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 C$6,616 Mil mean?
Alimentation Couche-Tard (TSX:ATD) has a EBIT of C$6,616 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Alimentation Couche-Tard.
Is Alimentation Couche-Tard's EBIT too high?
Alimentation Couche-Tard's current EBIT is C$6,616 Mil. Overall, Alimentation Couche-Tard has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alimentation Couche-Tard's EBIT compare to CASY and WSM?
Alimentation Couche-Tard's EBIT of C$6,616 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good EBIT depends on the Retail - Cyclical 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 Alimentation Couche-Tard. Alimentation Couche-Tard's current EBIT is C$6,616 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alimentation Couche-Tard stock overvalued right now?
Based on GuruFocus' analysis, Alimentation Couche-Tard (TSX:ATD) is currently considered Modestly Overvalued. The stock's GF Value™ is C$84.36, compared to a current price of C$93.76 — trading 11.1% above its estimated fair value. The current EBIT is C$6,616 Mil. Alimentation Couche-Tard's overall GF Score™ is 84/100 with 9 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 Alimentation Couche-Tard (TSX:ATD), the current EBIT is C$6,616 Mil as of Apr. 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 Alimentation Couche-Tard (TSX:ATD) Overvalued in 2026?

Based on GuruFocus' analysis, Alimentation Couche-Tard stock appears to be overvalued. The current stock price of C$93.76 is trading 11.1% above its estimated GF Value™ of C$84.36. GuruFocus considers Alimentation Couche-Tard to be Modestly Overvalued.

Key valuation signals for TSX:ATD:

  • EBIT: C$6,616 Mil
  • GF Value™: C$84.36 vs. price of C$93.76 (11.1% above fair value)
  • GF Score™: 84/100 with 9 warning signs

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

Alimentation Couche-Tard Business Description

Other Exchanges ANCTF:USACJA0:Germany
Address 4204 Boulevard Industriel, Laval, QC, CAN, H7L 0E3
Alimentation Couche-Tard Inc operates a network of convenience stores across North America, Europe, and Asia. The company generates income through the sale of tobacco products, groceries, beverages, fresh food, quick service restaurants, car wash services, other retail products and services, road transportation fuel, stationary energy, marine fuel, and chemicals. In addition, the company operates stores under the Circle K banner in other countries such as Indonesia, Egypt, Macau, and others. Its operation is geographically divided into the U.S., Europe and other regions, and Canada. Revenue from external customers falls mainly into three categories: merchandise and services, road transportation fuel, and others. The company generates the majority of its revenue from the United States.
84GF Score

Get the complete analysis for TSX:ATD

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

C$93.76
Price
C$84.36
GF Value