Element Fleet Management (TSX:EFN) EBIT: C$756 Mil (TTM As of Mar. 2026)


TSX:EFN Element Fleet Management Corp TSX:EFN
68 GF Score
Price C$29.57
GF Value C$28.01
Valuation Fairly Valued
! 7 Warning Signs
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What is Element Fleet Management EBIT?

Element Fleet Management TSX:EFN -0.07% 68 EBIT is C$756 Mil as of Mar. 2026. GuruFocus rates TSX:EFN with a GF Score™ of 68/100 and a GF Value™ of C$28.01 (Fairly Valued). The stock has 7 warning signs investors should review.

Element Fleet Management's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$215 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$756 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Element Fleet Management's annualized ROC % for the quarter that ended in Mar. 2026 was 3.84%. Element Fleet Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Element Fleet Management's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.04%.


Element Fleet Management  (TSX:EFN) EBIT Explanation

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

Element Fleet Management'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 )
=861.972 * ( 1 - 24.49% )/( (17210.196 + 16721.573)/ 2 )
=650.8750572/16965.8845
=3.84 %

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))
=19153.073 - 1723.234 - ( 219.643 - max(0, 1723.234 - 12505.856+219.643))
=17210.196

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))
=18600.782 - 1512.711 - ( 366.498 - max(0, 2541.711 - 12005.947+366.498))
=16721.573

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

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

Element Fleet Management'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 )
=861.972/( ( (4076.769 + max(744.337, 0)) + (4074.046 + max(946.419, 0)) )/ 2 )
=861.972/( ( 4821.106 + 5020.465 )/ 2 )
=861.972/4920.7855
=17.52 %

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)
=(1991.86 + 0 + 475.711) - (1723.234 + 0 + 0)
=744.337

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1916.868 + 0 + 542.262) - (1512.711 + 0 + -4.5474735088646E-13)
=946.419

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:

Element Fleet Management's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=756.107/24904.122
=3.04 %

* 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.


Element Fleet Management EBIT Related Terms


Element Fleet Management EBIT Historical Data

* Premium members only.

The historical data trend for Element Fleet Management'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.

Element Fleet Management EBIT Chart

Element Fleet Management 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 463.06 553.91 606.38 733.83 730.20

Element Fleet Management 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 190.74 196.07 220.76 123.79 215.49

TSX:EFN vs URI, SUNB, AER: EBIT Comparison

For the Rental & Leasing Services subindustry, Element Fleet Management'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.


Element Fleet Management EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, Element Fleet Management's EV-to-EBIT distribution charts can be found below:

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


TSX:EFN
68GF Score
Element Fleet Management Corp TSX:EFN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Element Fleet Management 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$756 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$756 Mil mean?
Element Fleet Management (TSX:EFN) has a EBIT of C$756 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Element Fleet Management.
Is Element Fleet Management's EBIT too high?
Element Fleet Management's current EBIT is C$756 Mil. Overall, Element Fleet Management has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Element Fleet Management's EBIT compare to URI and SUNB?
Element Fleet Management's EBIT of C$756 Mil can be compared against companies in the Business Services 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 Business Services company?
A good EBIT depends on the Business Services 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 Element Fleet Management. Element Fleet Management's current EBIT is C$756 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Element Fleet Management stock overvalued right now?
Based on GuruFocus' analysis, Element Fleet Management (TSX:EFN) is currently considered Fairly Valued. The stock's GF Value™ is C$28.01, compared to a current price of C$29.57 — trading 5.6% above its estimated fair value. The current EBIT is C$756 Mil. Element Fleet Management's overall GF Score™ is 68/100 with 7 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 Element Fleet Management (TSX:EFN), the current EBIT is C$756 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 Element Fleet Management (TSX:EFN) Overvalued in 2026?

Based on GuruFocus' analysis, Element Fleet Management stock appears to be overvalued. The current stock price of C$29.57 is trading 5.6% above its estimated GF Value™ of C$28.01. GuruFocus considers Element Fleet Management to be Fairly Valued.

Key valuation signals for TSX:EFN:

  • EBIT: C$756 Mil
  • GF Value™: C$28.01 vs. price of C$29.57 (5.6% above fair value)
  • GF Score™: 68/100 with 7 warning signs

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


Element Fleet Management Business Description

Other Exchanges ELEEF:USA
Address 161 Bay Street, Suite 3600, Toronto, ON, CAN, M5J 2S1
Element Fleet Management Corp is a fleet management company, providing services and financing for commercial vehicle and equipment fleets. Their services include vehicle acquisition, maintenance, route optimization, risk management, and remarketing, as well as advising on decarbonization efforts, integration of electric vehicles, and managing the complexity of gradual fleet electrification.
68GF Score

Get the complete analysis for TSX:EFN

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

C$29.57
Price
C$28.01
GF Value