Kalmar (CHIX:KALMAH) Operating Income: €229 Mil (TTM As of Jun. 2026)

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CHIX:KALMAH Kalmar Corp CHIX:KALMAH
16 GF Score
Price €40.00
! 1 Warning Sign
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What is Kalmar Operating Income?

Kalmar CHIX:KALMAH 16 Operating Income is €229 Mil as of Jun. 2026. GuruFocus rates CHIX:KALMAH with a GF Score™ of 16/100. The stock has 1 warning sign investors should review.

Kalmar's Operating Income for the three months ended in Jun. 2026 was €57 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was €229 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Kalmar's Operating Income for the three months ended in Jun. 2026 was €57 Mil. Kalmar's Revenue for the three months ended in Jun. 2026 was €480 Mil. Therefore, Kalmar's Operating Margin % for the quarter that ended in Jun. 2026 was 11.91%.

Kalmar'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. Kalmar's annualized ROC % for the quarter that ended in Jun. 2026 was 14.20%. Kalmar's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 53.55%.


Kalmar  (CHIX:KALMAh) Operating Income Explanation

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

Kalmar's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=228.4 * ( 1 - 20.86% )/( (1276.4 + 1268.7)/ 2 )
=180.75576/1272.55
=14.20 %

where

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

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

Kalmar's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=240.8/( ( (288 + max(118.9, 0)) + (301 + max(191.4, 0)) )/ 2 )
=240.8/( ( 406.9 + 492.4 )/ 2 )
=240.8/449.65
=53.55 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(256.3 + 470.8 + 77.7) - (195.8 + 0 + 490.1)
=118.9

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(269.4 + 448.7 + 76.4) - (200.3 + 0 + 402.8)
=191.4

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

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

Kalmar's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=57.1/479.6
=11.91 %

* 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.


Kalmar Operating Income Related Terms


Kalmar Operating Income Historical Data

* Premium members only.

The historical data trend for Kalmar'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.

Kalmar Operating Income Chart

Kalmar Annual Data
Trend Dec23 Dec24 Dec25
Operating Income
245.10 197.20 220.20

Kalmar Quarterly Data
Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.70 59.70 61.20 50.60 57.10
CHIX:KALMAH
16GF Score
Kalmar Corp CHIX:KALMAH
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Kalmar 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €229 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 €229 Mil mean?
Kalmar (CHIX:KALMAH) has a Operating Income of €229 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Kalmar and its competitors.
Is Kalmar's Operating Income too high?
Kalmar's current Operating Income is €229 Mil. Overall, Kalmar has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Kalmar's Operating Income compare to CAT and DE?
Kalmar's Operating Income of €229 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Operating Income depends on the Farm & Heavy Construction Machinery 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 Kalmar and its competitors. Kalmar's current Operating Income is €229 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalmar stock overvalued right now?
Kalmar (CHIX:KALMAH) has a current Operating Income of €229 Mil. The current Operating Income is €229 Mil. Kalmar's overall GF Score™ is 16/100 with 1 warning sign 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 Kalmar (CHIX:KALMAH), the current Operating Income is €229 Mil as of Jun. 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.

Kalmar Business Description

Other Exchanges KALMAR:FinlandXK2:Germany
Address Itamerenkatu 25, Helsinki, FIN, FI-00180
Kalmar Corp is a material handling company engaged in moving goods in critical supply chains, offering heavy material handling equipment and services to ports and terminals, distribution centres, manufacturing, and heavy logistics. It operates through two reporting segments: the Equipment segment, which earns the majority of revenue, consists of a portfolio of heavy material handling equipment including reachstackers, forklift trucks, empty container handlers, terminal tractors, straddle carriers, and Bromma spreaders; and the Services segment, which consists of solutions aimed at ensuring the uptime and productivity of Kalmar's equipment, including Genuine Parts, on-demand and contract maintenance services, and lifecycle services such as refurbishments, fleet management, and upgrades.
16GF Score

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

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