SSR Mining (TSX:SSRM) EBIT: C$965 Mil (TTM As of Mar. 2026)


TSX:SSRM SSR Mining Inc TSX:SSRM
88 GF Score
Price C$40.28
GF Value C$29.10
Valuation Significantly Overvalued
! 3 Warning Signs
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What is SSR Mining EBIT?

SSR Mining TSX:SSRM -3.15% 88 EBIT is C$965 Mil as of Mar. 2026. GuruFocus rates TSX:SSRM with a GF Score™ of 88/100 and a GF Value™ of C$29.10 (Significantly Overvalued). The stock has 3 warning signs investors should review.

SSR Mining's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$427 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$965 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SSR Mining's annualized ROC % for the quarter that ended in Mar. 2026 was 19.04%. SSR Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 28.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SSR Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.23%.


SSR Mining  (TSX:SSRM) EBIT Explanation

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

SSR Mining'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 )
=1675.644 * ( 1 - 19.29% )/( (7304.839 + 6900.687)/ 2 )
=1352.4122724/7102.763
=19.04 %

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))
=8406.532 - 307.635 - ( 794.058 - max(0, 853.023 - 1775.583+794.058))
=7304.839

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))
=8158.919 - 333.016 - ( 925.216 - max(0, 944.859 - 5033.709+925.216))
=6900.687

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

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

SSR Mining'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 )
=1708.036/( ( (5725.14 + max(414.566, 0)) + (2586.695 + max(3104.624, 0)) )/ 2 )
=1708.036/( ( 6139.706 + 5691.319 )/ 2 )
=1708.036/5915.5125
=28.87 %

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)
=(129.716 + 712.265 + 80.653) - (307.635 + 0 + 200.433)
=414.566

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(128.038 + 717.486 + 3200.803) - (333.016 + 0 + 608.687)
=3104.624

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=964.751/8591.208
=11.23 %

* 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.


SSR Mining EBIT Related Terms


SSR Mining EBIT Historical Data

* Premium members only.

The historical data trend for SSR Mining'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.

SSR Mining EBIT Chart

SSR Mining 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 555.33 353.14 -249.26 -435.54 631.43

SSR Mining 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 154.19 143.38 104.81 289.55 427.01

TSX:SSRM vs NEM, AU: EBIT Comparison

For the Gold subindustry, SSR Mining'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.


SSR Mining EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, SSR Mining's EV-to-EBIT distribution charts can be found below:

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


TSX:SSRM
88GF Score
SSR Mining Inc TSX:SSRM
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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SSR Mining 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$965 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$965 Mil mean?
SSR Mining (TSX:SSRM) has a EBIT of C$965 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SSR Mining.
Is SSR Mining's EBIT too high?
SSR Mining's current EBIT is C$965 Mil. Overall, SSR Mining has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSR Mining's EBIT compare to NEM and AU?
SSR Mining's EBIT of C$965 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good EBIT depends on the Metals & Mining 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 SSR Mining. SSR Mining's current EBIT is C$965 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSR Mining stock overvalued right now?
Based on GuruFocus' analysis, SSR Mining (TSX:SSRM) is currently considered Significantly Overvalued. The stock's GF Value™ is C$29.10, compared to a current price of C$40.28 — trading 38.4% above its estimated fair value. The current EBIT is C$965 Mil. SSR Mining's overall GF Score™ is 88/100 with 3 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 SSR Mining (TSX:SSRM), the current EBIT is C$965 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 SSR Mining (TSX:SSRM) Overvalued in 2026?

Based on GuruFocus' analysis, SSR Mining stock appears to be overvalued. The current stock price of C$40.28 is trading 38.4% above its estimated GF Value™ of C$29.10. GuruFocus considers SSR Mining to be Significantly Overvalued.

Key valuation signals for TSX:SSRM:

  • EBIT: C$965 Mil
  • GF Value™: C$29.10 vs. price of C$40.28 (38.4% above fair value)
  • GF Score™: 88/100 with 3 warning signs

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


SSR Mining Business Description

Other Exchanges SSRM:USA0VGE:UKZSV:Germany
Address 6900 E. Layton Avenue, Suite 1300, Denver, CO, USA, 80237
SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a key portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Puna mine in Argentina. The majority of gold production is derived from the Marigold mine, and Silver Standard's silver production is principally derived from the Puna mine.
88GF Score

Get the complete analysis for TSX:SSRM

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

C$40.28
Price
C$29.10
GF Value