Volkswagen AG (WBO:VOW) EBIT: €11,240 Mil (TTM As of Mar. 2026)


WBO:VOW Volkswagen AG WBO:VOW
69 GF Score
Price €76.50
GF Value €101.06
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Volkswagen AG EBIT?

Volkswagen AG WBO:VOW -2.32% 69 EBIT is €11,240 Mil as of Mar. 2026. GuruFocus rates WBO:VOW with a GF Score™ of 69/100 and a GF Value™ of €101.06 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Volkswagen AG's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €2,461 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €11,240 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Volkswagen AG's annualized ROC % for the quarter that ended in Mar. 2026 was 1.15%. Volkswagen AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Volkswagen AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.63%.


Volkswagen AG  (WBO:VOW) EBIT Explanation

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

Volkswagen AG'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 )
=9844 * ( 1 - 29.98% )/( (586593 + 614187)/ 2 )
=6892.7688/600390
=1.15 %

where

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

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

Volkswagen AG'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 )
=9844/( ( (155562 + max(-3458, 0)) + (156786 + max(-29479, 0)) )/ 2 )
=9844/( ( 155562 + 156786 )/ 2 )
=9844/156174
=6.30 %

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)
=(66528 + 51775 + 40884) - (36534 + 0 + 126111)
=-3458

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(92324 + 58158 + 4628) - (34487 + 0 + 150102)
=-29479

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:

Volkswagen AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=11240/169427.289
=6.63 %

* 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.


Volkswagen AG EBIT Related Terms


Volkswagen AG EBIT Historical Data

* Premium members only.

The historical data trend for Volkswagen AG'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.

Volkswagen AG EBIT Chart

Volkswagen AG 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 22,124.00 23,714.00 26,739.00 20,253.00 12,551.00

Volkswagen AG 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 2,875.00 3,835.00 -1,299.00 6,243.00 2,461.00

WBO:VOW vs TSLA, GM, F: EBIT Comparison

For the Auto Manufacturers subindustry, Volkswagen AG'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.


Volkswagen AG EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Volkswagen AG's EV-to-EBIT distribution charts can be found below:

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


WBO:VOW
69GF Score
Volkswagen AG WBO:VOW
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Volkswagen AG 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 €11,240 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 €11,240 Mil mean?
Volkswagen AG (WBO:VOW) has a EBIT of €11,240 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Volkswagen AG.
Is Volkswagen AG's EBIT too high?
Volkswagen AG's current EBIT is €11,240 Mil. Overall, Volkswagen AG has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Volkswagen AG's EBIT compare to TSLA and GM?
Volkswagen AG's EBIT of €11,240 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts 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 Volkswagen AG. Volkswagen AG's current EBIT is €11,240 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volkswagen AG stock overvalued right now?
Based on GuruFocus' analysis, Volkswagen AG (WBO:VOW) is currently considered Modestly Undervalued. The stock's GF Value™ is €101.06, compared to a current price of €76.50 — trading 24.3% below its estimated fair value. The current EBIT is €11,240 Mil. Volkswagen AG's overall GF Score™ is 69/100 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 Volkswagen AG (WBO:VOW), the current EBIT is €11,240 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 Volkswagen AG (WBO:VOW) Overvalued in 2026?

Based on GuruFocus' analysis, Volkswagen AG stock appears to be undervalued. The current stock price of €76.50 is trading 24.3% below its estimated GF Value™ of €101.06. GuruFocus considers Volkswagen AG to be Modestly Undervalued.

Key valuation signals for WBO:VOW:

  • EBIT: €11,240 Mil
  • GF Value™: €101.06 vs. price of €76.50 (24.3% below fair value)
  • GF Score™: 69/100 with 7 warning signs

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


Volkswagen AG Business Description

Address Berliner Ring 2, Wolfsburg, NI, DEU, 38440
Volkswagen is the second-largest automotive original equipment manufacturer by vehicle sales globally, selling 9 million vehicles in 2025. Its four vehicle segments core (Volkswagen, SEAT, Skoda, and VW commercial), progressive (Audi, Lamborghini, and Bentley), sports luxury (Porsche), and Traton commercial vehicles (Traton, Scania, Navistar, MAN, and VW truck and bus) contribute 45%, 20%, 10%, and 13% to group revenue, respectively. It also has a vehicle software business (Cariad), batteries, power engineering production, and financial services.
69GF Score

Get the complete analysis for WBO:VOW

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

€76.50
Price
€101.06
GF Value