Athabasca Oil (TSX:ATH) EBIT: C$312 Mil (TTM As of Mar. 2026)


TSX:ATH Athabasca Oil Corp TSX:ATH
69 GF Score
Price C$10.84
GF Value C$6.37
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Athabasca Oil EBIT?

Athabasca Oil TSX:ATH +0.65% 69 EBIT is C$312 Mil as of Mar. 2026. GuruFocus rates TSX:ATH with a GF Score™ of 69/100 and a GF Value™ of C$6.37 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Athabasca Oil's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$65 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$312 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Athabasca Oil's annualized ROC % for the quarter that ended in Mar. 2026 was 12.00%. Athabasca Oil's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Athabasca Oil's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.91%.


Athabasca Oil  (TSX:ATH) EBIT Explanation

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

Athabasca Oil'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 )
=362.952 * ( 1 - 27.43% )/( (2147.591 + 2240.597)/ 2 )
=263.3942664/2194.094
=12.00 %

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))
=2550.739 - 184.901 - ( 316.366 - max(0, 280.266 - 498.513+316.366))
=2147.591

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))
=2672.785 - 196.732 - ( 290.522 - max(0, 317.082 - 552.538+290.522))
=2240.597

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

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

Athabasca Oil'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 )
=261.332/( ( (1787.037 + max(-104.115, 0)) + (1868.822 + max(-55.522, 0)) )/ 2 )
=261.332/( ( 1787.037 + 1868.822 )/ 2 )
=261.332/1827.9295
=14.30 %

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)
=(120.186 + 43.885 + 12.08) - (184.901 + 0 + 95.365)
=-104.115

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(200.011 + 53.744 + 7.8050000000001) - (196.732 + 0 + 120.35)
=-55.522

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=312.309/5282.481
=5.91 %

* 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.


Athabasca Oil EBIT Related Terms


Athabasca Oil EBIT Historical Data

* Premium members only.

The historical data trend for Athabasca Oil'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.

Athabasca Oil EBIT Chart

Athabasca Oil 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 534.78 237.97 -8.12 668.54 346.83

Athabasca Oil 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 99.85 78.91 98.92 69.15 65.33

TSX:ATH vs COP, EOG, OXY: EBIT Comparison

For the Oil & Gas E&P subindustry, Athabasca Oil'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.


Athabasca Oil EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Athabasca Oil's EV-to-EBIT distribution charts can be found below:

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


TSX:ATH
69GF Score
Athabasca Oil Corp TSX:ATH
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Athabasca Oil 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 C$312 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$312 Mil mean?
Athabasca Oil (TSX:ATH) has a EBIT of C$312 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Athabasca Oil.
Is Athabasca Oil's EBIT too high?
Athabasca Oil's current EBIT is C$312 Mil. Overall, Athabasca Oil has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Athabasca Oil's EBIT compare to COP and EOG?
Athabasca Oil's EBIT of C$312 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good EBIT depends on the Oil & Gas 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 Athabasca Oil. Athabasca Oil's current EBIT is C$312 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Athabasca Oil stock overvalued right now?
Based on GuruFocus' analysis, Athabasca Oil (TSX:ATH) is currently considered Significantly Overvalued. The stock's GF Value™ is C$6.37, compared to a current price of C$10.84 — trading 70.2% above its estimated fair value. The current EBIT is C$312 Mil. Athabasca Oil's overall GF Score™ is 69/100 with 1 warning sign 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 Athabasca Oil (TSX:ATH), the current EBIT is C$312 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 Athabasca Oil (TSX:ATH) Overvalued in 2026?

Based on GuruFocus' analysis, Athabasca Oil stock appears to be overvalued. The current stock price of C$10.84 is trading 70.2% above its estimated GF Value™ of C$6.37. GuruFocus considers Athabasca Oil to be Significantly Overvalued.

Key valuation signals for TSX:ATH:

  • EBIT: C$312 Mil
  • GF Value™: C$6.37 vs. price of C$10.84 (70.2% above fair value)
  • GF Score™: 69/100 with 1 warning sign

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


Athabasca Oil Business Description

Industry EnergyOil & Gas
Other Exchanges ATHOF:USAATI:Germany
Address 215 - 9 Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 1K3
Athabasca Oil Corp is an exploration and production company developing Thermal Oil and Light Oil resources in the Western Canadian Sedimentary Basin located in Alberta, Canada. It operates through two segments: Athabasca (Thermal Oil), focused on bitumen production from oil sands in the Athabasca region of Northern Alberta, and Duvernay Energy, focused on the production of light and medium crude oil, tight oil, natural gas, shale gas, and natural gas liquids in the Greater Kaybob area near Fox Creek, Alberta. The majority of its revenue is derived from petroleum, natural gas, and midstream sales through the Athabasca segment.
69GF Score

Get the complete analysis for TSX:ATH

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

C$10.84
Price
C$6.37
GF Value