Robinhood Markets (TSX:HOOD) EBIT: C$2,939 Mil (TTM As of Mar. 2026)


TSX:HOOD Robinhood Markets Inc TSX:HOOD
57 GF Score
Price C$15.31
GF Value C$10.19
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Robinhood Markets EBIT?

Robinhood Markets TSX:HOOD -4.01% 57 EBIT is C$2,939 Mil as of Mar. 2026. GuruFocus rates TSX:HOOD with a GF Score™ of 57/100 and a GF Value™ of C$10.19 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Robinhood Markets's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$564 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$2,939 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Robinhood Markets's annualized ROC % for the quarter that ended in Mar. 2026 was 7.18%. Robinhood Markets's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Robinhood Markets's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.50%.


Robinhood Markets  (TSX:HOOD) EBIT Explanation

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

Robinhood Markets'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 )
=2255.568 * ( 1 - 15.82% )/( (25043.443 + 27869.436)/ 2 )
=1898.7371424/26456.4395
=7.18 %

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))
=52609.992 - 17173.396 - ( 14417.155 - max(0, 39689.595 - 50082.748+14417.155))
=25043.443

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))
=62390.328 - 23738.344 - ( 16719.192 - max(0, 48780.088 - 59562.636+16719.192))
=27869.436

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

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

Robinhood Markets'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 )
=2255.568/( ( (212.443 + max(12014.065, 0)) + (222.264 + max(12430.32, 0)) )/ 2 )
=2255.568/( ( 12226.508 + 12652.584 )/ 2 )
=2255.568/12439.546
=18.13 %

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)
=(25410.39 + 0 + 10255.203) - (17173.396 + 0 + 6478.132)
=12014.065

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25517.828 + 0 + 17325.616) - (23738.344 + 0 + 6674.78)
=12430.32

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2939.051/117484.731
=2.50 %

* 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.


Robinhood Markets EBIT Related Terms


Robinhood Markets EBIT Historical Data

* Premium members only.

The historical data trend for Robinhood Markets'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.

Robinhood Markets EBIT Chart

Robinhood Markets Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -2,100.48 -1,312.31 -719.10 1,501.63 2,888.67

Robinhood Markets 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 531.17 600.03 878.46 896.68 563.89

TSX:HOOD vs IBKR, CRCL, IREN: EBIT Comparison

For the Capital Markets subindustry, Robinhood Markets'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.


Robinhood Markets EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Robinhood Markets's EV-to-EBIT distribution charts can be found below:

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


TSX:HOOD
57GF Score
Robinhood Markets Inc TSX:HOOD
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Robinhood Markets 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$2,939 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$2,939 Mil mean?
Robinhood Markets (TSX:HOOD) has a EBIT of C$2,939 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Robinhood Markets.
Is Robinhood Markets' EBIT too high?
Robinhood Markets' current EBIT is C$2,939 Mil. Overall, Robinhood Markets has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Robinhood Markets' EBIT compare to IBKR and CRCL?
Robinhood Markets' EBIT of C$2,939 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good EBIT depends on the Capital Markets 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 Robinhood Markets. Robinhood Markets's current EBIT is C$2,939 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Robinhood Markets stock overvalued right now?
Based on GuruFocus' analysis, Robinhood Markets (TSX:HOOD) is currently considered Significantly Overvalued. The stock's GF Value™ is C$10.19, compared to a current price of C$15.31 — trading 50.2% above its estimated fair value. The current EBIT is C$2,939 Mil. Robinhood Markets' overall GF Score™ is 57/100 with 6 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 Robinhood Markets (TSX:HOOD), the current EBIT is C$2,939 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 Robinhood Markets (TSX:HOOD) Overvalued in 2026?

Based on GuruFocus' analysis, Robinhood Markets stock appears to be overvalued. The current stock price of C$15.31 is trading 50.2% above its estimated GF Value™ of C$10.19. GuruFocus considers Robinhood Markets to be Significantly Overvalued.

Key valuation signals for TSX:HOOD:

  • EBIT: C$2,939 Mil
  • GF Value™: C$10.19 vs. price of C$15.31 (50.2% above fair value)
  • GF Score™: 57/100 with 6 warning signs

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


Robinhood Markets Business Description

Address 85 Willow Road, Menlo Park, CA, USA, 94025
Robinhood is a diversified financial services provider best known for its retail brokerage platform, which historically caters to a young, risk-seeking clientele that trades heavily on margin and in higher-risk asset classes like options, futures, cryptocurrencies, and more recently, in prediction markets. As those customers' financial needs have begun to mature, Robinhood has rolled out a suite of more conventional products, from retirement accounts to high-yield cash sweep accounts to nascent advisory services (Robinhood Strategies). With $322 billion in customer assets and 27 million active accounts at year-end 2025, the firm has emerged as a significant player in the large, quickly growing US brokerage market.
57GF Score

Get the complete analysis for TSX:HOOD

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

C$15.31
Price
C$10.19
GF Value