CSCCF (Capstone Copper) Operating Income: $634 Mil (TTM As of Mar. 2026)


CSCCF Capstone Copper Corp CSCCF
91 GF Score
Price $8.97
GF Value $9.25
Valuation Fairly Valued
! 8 Warning Signs
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What is Capstone Copper Operating Income?

Capstone Copper CSCCF -2.39% 91 Operating Income is $634 Mil as of Mar. 2026. GuruFocus rates CSCCF with a GF Score™ of 91/100 and a GF Value™ of $9.25 (Fairly Valued). The stock has 8 warning signs investors should review.

Capstone Copper's Operating Income for the three months ended in Mar. 2026 was $221 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $634 Mil.

Warning Sign:

Capstone Copper Corp has recorded a loss in operating income at least once over the past 3 years.

Operating Margin % is calculated as Operating Income divided by its Revenue. Capstone Copper's Operating Income for the three months ended in Mar. 2026 was $221 Mil. Capstone Copper's Revenue for the three months ended in Mar. 2026 was $652 Mil. Therefore, Capstone Copper's Operating Margin % for the quarter that ended in Mar. 2026 was 33.85%.

Warning Sign:

Capstone Copper Corp operating margin has been in a 5-year decline. The average rate of decline per year is -2.8%.

Capstone Copper's 5-Year average Growth Rate for Operating Margin % was -2.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Capstone Copper's annualized ROC % for the quarter that ended in Mar. 2026 was 8.08%. Capstone Copper's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.05%.


Capstone Copper  (OTCPK:CSCCF) Operating Income Explanation

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

Capstone Copper'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 )
=883.44 * ( 1 - 40.69% )/( (6446.931 + 6528.832)/ 2 )
=523.968264/6487.8815
=8.08 %

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))
=7196.877 - 595.125 - ( 304.192 - max(0, 785.563 - 940.384+304.192))
=6446.931

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))
=7234.862 - 468.521 - ( 394.131 - max(0, 687.467 - 924.976+394.131))
=6528.832

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

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

Capstone Copper'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 )
=864.868/( ( (6125.552 + max(-94.14, 0)) + (6187.086 + max(-71.107, 0)) )/ 2 )
=864.868/( ( 6125.552 + 6187.086 )/ 2 )
=864.868/6156.319
=14.05 %

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)
=(299.949 + 270.099 + 12.876) - (595.125 + 13.416 + 68.523)
=-94.14

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(146.422 + 291.519 + 41.075) - (468.521 + 13.418 + 68.184)
=-71.107

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 %:

Capstone Copper'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 )
=220.86/652.487
=33.85 %

* 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.


Capstone Copper Operating Income Related Terms


Capstone Copper Operating Income Historical Data

* Premium members only.

The historical data trend for Capstone Copper'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.

Capstone Copper Operating Income Chart

Capstone Copper 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 261.74 133.74 18.05 148.25 482.25

Capstone Copper 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 68.21 89.05 111.21 213.16 220.86
CSCCF
91GF Score
Capstone Copper Corp CSCCF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Capstone Copper 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 $634 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 $634 Mil mean?
Capstone Copper (CSCCF) has a Operating Income of $634 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Capstone Copper and its competitors.
Is Capstone Copper's Operating Income too high?
Capstone Copper's current Operating Income is $634 Mil. Overall, Capstone Copper has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Capstone Copper's Operating Income compare to SCCO and FCX?
Capstone Copper's Operating Income of $634 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Operating Income depends on the Metals & Mining 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 Capstone Copper and its competitors. Capstone Copper's current Operating Income is $634 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capstone Copper stock overvalued right now?
Based on GuruFocus' analysis, Capstone Copper (CSCCF) is currently considered Fairly Valued. The stock's GF Value™ is $9.25, compared to a current price of $8.97 — trading 3% below its estimated fair value. The current Operating Income is $634 Mil. Capstone Copper's overall GF Score™ is 91/100 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 Capstone Copper (CSCCF), the current Operating Income is $634 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 Capstone Copper (CSCCF) Overvalued in 2026?

Based on GuruFocus' analysis, Capstone Copper stock appears to be undervalued. The current stock price of $8.97 is trading 3% below its estimated GF Value™ of $9.25. GuruFocus considers Capstone Copper to be Fairly Valued.

Key valuation signals for CSCCF:

  • Operating Income: $634 Mil
  • GF Value™: $9.25 vs. price of $8.97 (3% below fair value)
  • GF Score™: 91/100 with 8 warning signs

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


Capstone Copper Business Description

Address 510 West Georgia Street, Suite 2100, Vancouver, BC, CAN, V6B 0M3
Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the United states, Mexico, and Canada, and development projects in Chile and Canada. The company's main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold. The company has six reportable segments which are Pinto Valley (united states), Mantos Blancos (Chile), Mantoverde (Chile), Cozamin (Mexico), as well as the Santo Domingo development project (Chile), and Other.
91GF Score

Get the complete analysis for CSCCF

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

$8.97
Price
$9.25
GF Value