OMV Petrom (BSE:SNP) Operating Income: lei2,865 Mil (TTM As of Mar. 2026)

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BSE:SNP OMV Petrom SA BSE:SNP
69 GF Score
Price lei1.26
GF Value lei0.78
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is OMV Petrom Operating Income?

OMV Petrom BSE:SNP -0.16% 69 Operating Income is lei2,865 Mil as of Mar. 2026. GuruFocus rates BSE:SNP with a GF Score™ of 69/100 and a GF Value™ of lei0.78 (Significantly Overvalued). The stock has 8 warning signs investors should review.

OMV Petrom's Operating Income for the three months ended in Mar. 2026 was lei1,348 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was lei2,865 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. OMV Petrom's Operating Income for the three months ended in Mar. 2026 was lei1,348 Mil. OMV Petrom's Revenue for the three months ended in Mar. 2026 was lei9,574 Mil. Therefore, OMV Petrom's Operating Margin % for the quarter that ended in Mar. 2026 was 14.07%.

OMV Petrom's 5-Year average Growth Rate for Operating Margin % was -0.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. OMV Petrom's annualized ROC % for the quarter that ended in Mar. 2026 was 9.22%. OMV Petrom's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.21%.


OMV Petrom  (BSE:SNP) Operating Income Explanation

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

OMV Petrom'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 )
=5390 * ( 1 - 18.09% )/( (47522.96 + 48225.46)/ 2 )
=4414.949/47874.21
=9.22 %

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))
=60773.62 - 6071.68 - ( 8550.43 - max(0, 10214.95 - 17393.93+8550.43))
=47522.96

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))
=61906.27 - 6213.42 - ( 10118.68 - max(0, 10587.23 - 18054.62+10118.68))
=48225.46

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

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

OMV Petrom'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 )
=5779.32/( ( (38139 + max(-962.07, 0)) + (37843.34 + max(-1772.75, 0)) )/ 2 )
=5779.32/( ( 38139 + 37843.34 )/ 2 )
=5779.32/37991.17
=15.21 %

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)
=(2661.44 + 3303.09 + 2380.14) - (6071.68 + 0 + 3235.06)
=-962.07

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3218.27 + 3539.45 + 1178.22) - (6213.42 + 0 + 3495.27)
=-1772.75

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. Operating Income is also linked to Operating Margin %:

OMV Petrom's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1347.5/9574.28
=14.07 %

* 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.


OMV Petrom Operating Income Related Terms


OMV Petrom Operating Income Historical Data

* Premium members only.

The historical data trend for OMV Petrom'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.

OMV Petrom Operating Income Chart

OMV Petrom Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,678.30 12,026.90 7,530.09 4,824.86 2,751.44

OMV Petrom Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income 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 1,243.01 955.33 1,148.57 -586.10 1,347.50
BSE:SNP
69GF Score
OMV Petrom SA BSE:SNP
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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OMV Petrom 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was lei2,865 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 lei2,865 Mil mean?
OMV Petrom (BSE:SNP) has a Operating Income of lei2,865 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on OMV Petrom and its competitors.
Is OMV Petrom's Operating Income too high?
OMV Petrom's current Operating Income is lei2,865 Mil. Overall, OMV Petrom has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OMV Petrom's Operating Income compare to XOM and CVX?
OMV Petrom's Operating Income of lei2,865 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Operating Income depends on the Oil & Gas 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 OMV Petrom and its competitors. OMV Petrom's current Operating Income is lei2,865 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OMV Petrom stock overvalued right now?
Based on GuruFocus' analysis, OMV Petrom (BSE:SNP) is currently considered Significantly Overvalued. The stock's GF Value™ is lei0.78, compared to a current price of lei1.26 — trading 61.3% above its estimated fair value. The current Operating Income is lei2,865 Mil. OMV Petrom's overall GF Score™ is 69/100 with 8 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 OMV Petrom (BSE:SNP), the current Operating Income is lei2,865 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 OMV Petrom (BSE:SNP) Overvalued in 2026?

Based on GuruFocus' analysis, OMV Petrom stock appears to be overvalued. The current stock price of lei1.26 is trading 61.3% above its estimated GF Value™ of lei0.78. GuruFocus considers OMV Petrom to be Significantly Overvalued.

Key valuation signals for BSE:SNP:

  • Operating Income: lei2,865 Mil
  • GF Value™: lei0.78 vs. price of lei1.26 (61.3% above fair value)
  • GF Score™: 69/100 with 8 warning signs

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


OMV Petrom Business Description

Industry EnergyOil & Gas
Other Exchanges 0MA6:UKXNE:Germany
Address 22 Coralilor Street, District 1, Petrom City, Bucharest, ROU, 013329
OMV Petrom SA is an integrated oil and gas company operating in Romania. The company has three segments. The exploration & Production segment consists of the exploration, development, & production of crude oil, & natural gas. The refining & Marketing segment produces & delivers gasoline, diesel & other petroleum products to its customers, while through filling station networks offering a variety of services & non-oil business (NOB) goods. The gas business unit, part of the Gas & Power segment, has the objective to focus on gas sales, & becoming a regional player. Business division Power, part of the Gas & Power segment, mainly extends the gas value chain into a gas-fired power plant. Key revenue is derived from Refining & marketing segment. Geographically, key revenue is from Romania.
69GF Score

Get the complete analysis for BSE:SNP

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

lei1.26
Price
lei0.78
GF Value