CKX (CKX Lands) Operating Income: $-0.05 Mil (TTM As of Jun. 2026)

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CKX CKX Lands Inc CKX
60 GF Score
Price $10.69
GF Value $6.87
Valuation Significantly Overvalued
! 2 Warning Signs
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What is CKX Lands Operating Income?

CKX Lands CKX +0.85% 60 Operating Income is $-0.05 Mil as of Jun. 2026. GuruFocus rates CKX with a GF Score™ of 60/100 and a GF Value™ of $6.87 (Significantly Overvalued). The stock has 2 warning signs investors should review.

CKX Lands's Operating Income for the three months ended in Jun. 2026 was $0.02 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was $-0.05 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. CKX Lands's Operating Income for the three months ended in Jun. 2026 was $0.02 Mil. CKX Lands's Revenue for the three months ended in Jun. 2026 was $0.17 Mil. Therefore, CKX Lands's Operating Margin % for the quarter that ended in Jun. 2026 was 13.69%.

CKX Lands'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. CKX Lands's annualized ROC % for the quarter that ended in Jun. 2026 was 1.69%. CKX Lands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 2.17%.


CKX Lands  (AMEX:CKX) Operating Income Explanation

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

CKX Lands'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 )
=0.092 * ( 1 - 20.26% )/( (4.371 + 4.311)/ 2 )
=0.0733608/4.341
=1.69 %

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:

CKX Lands'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 )
=0.092/( ( (4.231 + max(-0.578, 0)) + (4.231 + max(-0.044000000000001, 0)) )/ 2 )
=0.092/( ( 4.231 + 4.231 )/ 2 )
=0.092/4.231
=2.17 %

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)
=(0.019 + 0 + 0.108) - (0.565 + 0.14 + 0)
=-0.578

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.023 + 0 + 0.074999999999999) - (0.061 + 0.08 + 0.00099999999999997)
=-0.044000000000001

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 %:

CKX Lands'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 )
=0.023/0.168
=13.69 %

* 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.


CKX Lands Operating Income Related Terms


CKX Lands Operating Income Historical Data

* Premium members only.

The historical data trend for CKX Lands'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.

CKX Lands Operating Income Chart

CKX Lands 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 0.04 -1.86 -0.03 0.03 0.08

CKX Lands Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 0.03 -0.03 -0.08 0.02
CKX
60GF Score
CKX Lands Inc CKX
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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CKX Lands 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 $-0.05 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 $-0.05 Mil mean?
CKX Lands (CKX) has a Operating Income of $-0.05 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on CKX Lands and its competitors.
Is CKX Lands' Operating Income too high?
CKX Lands' current Operating Income is $-0.05 Mil. Overall, CKX Lands has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CKX Lands' Operating Income compare to PRT and EONR?
CKX Lands' Operating Income of $-0.05 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 CKX Lands and its competitors. CKX Lands's current Operating Income is $-0.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CKX Lands stock overvalued right now?
Based on GuruFocus' analysis, CKX Lands (CKX) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.87, compared to a current price of $10.69 — trading 55.6% above its estimated fair value. The current Operating Income is $-0.05 Mil. CKX Lands' overall GF Score™ is 60/100 with 2 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 CKX Lands (CKX), the current Operating Income is $-0.05 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.

Is CKX Lands (CKX) Overvalued in 2026?

Based on GuruFocus' analysis, CKX Lands stock appears to be overvalued. The current stock price of $10.69 is trading 55.6% above its estimated GF Value™ of $6.87. GuruFocus considers CKX Lands to be Significantly Overvalued.

Key valuation signals for CKX:

  • Operating Income: $-0.05 Mil
  • GF Value™: $6.87 vs. price of $10.69 (55.6% above fair value)
  • GF Score™: 60/100 with 2 warning signs

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


CKX Lands Business Description

Industry EnergyOil & Gas
Address 2417 Shell Beach Drive, Lake Charles, LA, USA, 70601
CKX Lands Inc is a Louisiana corporation organized to receive non-producing mineral royalties spun off by a southwest Louisiana bank. It operates in three segments: Oil and Gas, Surface, and Timber. The company owns land and mineral interests and collects income through its ownership of oil and gas royalties, surface leases for farming, the right of way, and other uses, and timber sales. The company's oil and gas royalties are paid by the operators who own the wells, and timber income is paid by the highest bidder for the timber. It has small royalty interests in approximately 20 different producing oil and gas fields. Maximum revenue for the company is generated from the Timber segment.
60GF Score

Get the complete analysis for CKX

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

$10.69
Price
$6.87
GF Value