BWTL (Bowlin Travel Centers) Operating Income: $-0.21 Mil (TTM As of Jan. 2026)

What is Bowlin Travel Centers Operating Income?

Bowlin Travel Centers BWTL 70 Operating Income is $-0.21 Mil as of Jan. 2026. GuruFocus rates BWTL with a GF Score™ of 70/100 and a GF Value™ of $6.14 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Bowlin Travel Centers's Operating Income for the six months ended in Jan. 2026 was $-0.21 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2026 was $-0.21 Mil.

Warning Sign:

Bowlin Travel Centers Inc has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bowlin Travel Centers's Operating Income for the six months ended in Jan. 2026 was $-0.21 Mil. Bowlin Travel Centers's Revenue for the six months ended in Jan. 2026 was $33.38 Mil. Therefore, Bowlin Travel Centers's Operating Margin % for the quarter that ended in Jan. 2026 was -0.62%.

Bowlin Travel Centers'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. Bowlin Travel Centers's annualized ROC % for the quarter that ended in Jan. 2026 was -1.28%. Bowlin Travel Centers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 1.97%.

Bowlin Travel Centers (OTCPK:BWTL) Operating Income Explanation

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

Bowlin Travel Centers's annualized ROC % for the quarter that ended in Jan. 2026 is calculated as:

	ROC % (Q: Jan. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jan. 2025 )	+	Invested Capital (Q: Jan. 2026 ))	/ count )
=	-0.207 * ( 1 - 0% )	/	( (16.165	+	16.147)	/ 2 )
=	-0.207	/	16.156
=	-1.28 %

where

	Invested Capital		(Q: Jan. 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	))
=	26.506	-	2.046	-	( 8.295	-	max(0, 2.723	-	13.57	+	8.295	))
=	16.165

	Invested Capital		(Q: Jan. 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	))
=	25.941	-	2.126	-	( 7.668	-	max(0, 2.743	-	13.315	+	7.668	))
=	16.147

Note: The Operating Income data used here is one times the annual (Jan. 2026) data.

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

Bowlin Travel Centers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jan. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jan. 2025		Q: Jan. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0.278	/	( ( (10.92 + max(3.164, 0))	+	(10.729 + max(3.473, 0)) )	/	2 )
=	0.278	/	( ( 14.084	+	14.202 )	/	2 )
=	0.278	/	14.143
=	1.97 %

where Working Capital is:

	Working Capital		(Q: Jan. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.033	+	4.69	+	0.516)	-	(2.046	+	0.029	+	0)
=	3.164

	Working Capital		(Q: Jan. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.008	+	5.001	+	0.618)	-	(2.126	+	0.029	+	-0.00099999999999989)
=	3.473

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jan. 2026) EBIT data.

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

Bowlin Travel Centers's Operating Margin % for the quarter that ended in Jan. 2026 is calculated as:

Operating Margin %	=	Operating Income (Q: Jan. 2026 )	/	Revenue (Q: Jan. 2026 )
	=	-0.207	/	33.381
	=	-0.62 %

* 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.

Bowlin Travel Centers Operating Income Related Terms

Bowlin Travel Centers Operating Income Historical Data

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The historical data trend for Bowlin Travel Centers's Operating Income can be seen below:

Bowlin Travel Centers Operating Income Chart

Bowlin Travel Centers Annual Data

Trend

Jan04

Jan05

Jan06

Jan07

Jan08

Jan09

Jan10

Jan11

Jan25

Jan26

Operating Income

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-0.63

-0.25

-0.03

-0.15

-0.21

Bowlin Travel Centers Semi-Annual Data
	Jan00	Jan01	Jan02	Jan03	Jan04	Jan05	Jan06	Jan07	Jan08	Jan09	Jan10	Jan11	Jan25	Jan26
Operating Income	Get a 7-Day Free Trial									-0.63	-0.25	-0.03	-0.15	-0.21

70GF Score

Bowlin Travel Centers Inc BWTL

Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.

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Bowlin Travel Centers 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Jan. 2026 was $-0.21 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of $-0.21 Mil mean?

Bowlin Travel Centers (BWTL) has a Operating Income of $-0.21 Mil as of Jan. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Bowlin Travel Centers and its competitors.

Is Bowlin Travel Centers' Operating Income too high?

Bowlin Travel Centers' current Operating Income is $-0.21 Mil. Overall, Bowlin Travel Centers has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Bowlin Travel Centers' Operating Income compare to CGTL and JBDI?

Bowlin Travel Centers' Operating Income of $-0.21 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?

A good Operating Income depends on the Retail - Cyclical 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 Bowlin Travel Centers and its competitors. Bowlin Travel Centers's current Operating Income is $-0.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Bowlin Travel Centers stock overvalued right now?

Based on GuruFocus' analysis, Bowlin Travel Centers (BWTL) is currently considered Significantly Undervalued. The stock's GF Value™ is $6.14, compared to a current price of $3.39 — trading 44.8% below its estimated fair value. The current Operating Income is $-0.21 Mil. Bowlin Travel Centers' overall GF Score™ is 70/100 with 4 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 Bowlin Travel Centers (BWTL), the current Operating Income is $-0.21 Mil as of Jan. 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 Bowlin Travel Centers (BWTL) Overvalued in 2026?

Based on GuruFocus' analysis, Bowlin Travel Centers stock appears to be undervalued. The current stock price of $3.39 is trading 44.8% below its estimated GF Value™ of $6.14. GuruFocus considers Bowlin Travel Centers to be Significantly Undervalued.

Key valuation signals for BWTL:

Operating Income: $-0.21 Mil
GF Value™: $6.14 vs. price of $3.39 (44.8% below fair value)
GF Score™: 70/100 with 4 warning signs

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

Bowlin Travel Centers Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies CGTL JBDI RECT TLF BQ AETN GHST NVVE QSJC LNBY TSX:ATD CASY WSM DKS ULTA BBY TSCO SHSE:601888 ADX:ADNOCDIST TPE:3045

Address 150 Louisiana Boulevard NE, Albuquerque, NM, USA, 87108

Website https://www.bowlintc.com

Bowlin Travel Centers Inc is engaged in the operation of ten travel centers and five restaurants located along well-traveled interstate highways in New Mexico and Arizona where there are generally few gas stations, convenience stores or restaurants. Few of the company's travel centers offer fuel, and the company operated five full-service restaurants under the Dairy Queen/Brazier or Dairy Queen trade names. The company's travel centers offer a variety of Southwestern merchandise to the traveling public in the Southwestern United States, New Mexico. It also sells convenience store food such as chips, nuts, cookies, prepackaged sandwiches, and drinks.

70GF Score

Get the complete analysis for BWTL

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

$3.39

Price

$6.14

GF Value

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