Ventia Services Group (ASX:VNT) Operating Income: A$410 Mil (TTM As of Dec. 2025)

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ASX:VNT Ventia Services Group Ltd ASX:VNT
59 GF Score
Price A$5.96
GF Value A$4.35
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Ventia Services Group Operating Income?

Ventia Services Group ASX:VNT -0.83% 59 Operating Income is A$410 Mil as of Dec. 2025. GuruFocus rates ASX:VNT with a GF Score™ of 59/100 and a GF Value™ of A$4.35 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Ventia Services Group's Operating Income for the six months ended in Dec. 2025 was A$221 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was A$410 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ventia Services Group's Operating Income for the six months ended in Dec. 2025 was A$221 Mil. Ventia Services Group's Revenue for the six months ended in Dec. 2025 was A$3,104 Mil. Therefore, Ventia Services Group's Operating Margin % for the quarter that ended in Dec. 2025 was 7.12%.

Ventia Services Group's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ventia Services Group's annualized ROC % for the quarter that ended in Dec. 2025 was 13.58%. Ventia Services Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 128.63%.


Ventia Services Group  (ASX:VNT) Operating Income Explanation

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

Ventia Services Group's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=441.8 * ( 1 - 29.85% )/( (2257.1 + 2308.8)/ 2 )
=309.9227/2282.95
=13.58 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Ventia Services Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=431.8/( ( (306.6 + max(-238.8, 0)) + (364.8 + max(-225.8, 0)) )/ 2 )
=431.8/( ( 306.6 + 364.8 )/ 2 )
=431.8/335.7
=128.63 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(496.1 + 47.3 + 561.2) - (772.5 + 33.1 + 537.8)
=-238.8

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(280.7 + 44.9 + 620.5) - (629.5 + 32.3 + 510.1)
=-225.8

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Ventia Services Group's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=220.9/3103.9
=7.12 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Ventia Services Group Operating Income Related Terms


Ventia Services Group Operating Income Historical Data

* Premium members only.

The historical data trend for Ventia Services Group's Operating Income 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.

Ventia Services Group Operating Income Chart

Ventia Services Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
110.20 251.70 315.90 357.60 409.70

Ventia Services Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Income Get a 7-Day Free Trial Premium Member Only 165.20 169.00 188.60 188.80 220.90
ASX:VNT
59GF Score
Ventia Services Group Ltd ASX:VNT
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Ventia Services Group Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$410 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 Operating Income →
What does a Operating Income of A$410 Mil mean?
Ventia Services Group (ASX:VNT) has a Operating Income of A$410 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Ventia Services Group and its competitors.
Is Ventia Services Group's Operating Income too high?
Ventia Services Group's current Operating Income is A$410 Mil. Overall, Ventia Services Group has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ventia Services Group's Operating Income compare to competitors?
Ventia Services Group's Operating Income of A$410 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Construction company?
A good Operating Income depends on the Construction industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Ventia Services Group and its competitors. Ventia Services Group's current Operating Income is A$410 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ventia Services Group stock overvalued right now?
Based on GuruFocus' analysis, Ventia Services Group (ASX:VNT) is currently considered Significantly Overvalued. The stock's GF Value™ is A$4.35, compared to a current price of A$5.96 — trading 37% above its estimated fair value. The current Operating Income is A$410 Mil. Ventia Services Group's overall GF Score™ is 59/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Ventia Services Group (ASX:VNT), the current Operating Income is A$410 Mil as of Dec. 2025. 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 Ventia Services Group (ASX:VNT) Overvalued in 2026?

Based on GuruFocus' analysis, Ventia Services Group stock appears to be overvalued. The current stock price of A$5.96 is trading 37% above its estimated GF Value™ of A$4.35. GuruFocus considers Ventia Services Group to be Significantly Overvalued.

Key valuation signals for ASX:VNT:

  • Operating Income: A$410 Mil
  • GF Value™: A$4.35 vs. price of A$5.96 (37% above fair value)
  • GF Score™: 59/100 with 3 warning signs

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


Ventia Services Group Business Description

Other Exchanges VNT:New Zealand
Address 155 Miller Street, Level 27, North Sydney, Sydney, NSW, AUS, 2060
While Ventia is not the largest player with an estimated sub 10% share of addressable markets, it is nonetheless a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.
59GF Score

Get the complete analysis for ASX:VNT

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

A$5.96
Price
A$4.35
GF Value