ELALF (El AL Israel Airlines) Operating Income: $380 Mil (TTM As of Mar. 2026)

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ELALF El AL Israel Airlines Ltd ELALF
56 GF Score
Price $5.00
GF Value $1.95
Valuation Significantly Overvalued
! 3 Warning Signs
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What is El AL Israel Airlines Operating Income?

El AL Israel Airlines ELALF 56 Operating Income is $380 Mil as of Mar. 2026. GuruFocus rates ELALF with a GF Score™ of 56/100 and a GF Value™ of $1.95 (Significantly Overvalued). The stock has 3 warning signs investors should review.

El AL Israel Airlines's Operating Income for the three months ended in Mar. 2026 was $-70 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $380 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. El AL Israel Airlines's Operating Income for the three months ended in Mar. 2026 was $-70 Mil. El AL Israel Airlines's Revenue for the three months ended in Mar. 2026 was $563 Mil. Therefore, El AL Israel Airlines's Operating Margin % for the quarter that ended in Mar. 2026 was -12.41%.

El AL Israel Airlines'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. El AL Israel Airlines's annualized ROC % for the quarter that ended in Mar. 2026 was -5.09%. El AL Israel Airlines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -12.92%.


El AL Israel Airlines  (OTCPK:ELALF) Operating Income Explanation

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

El AL Israel Airlines'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 )
=-279.2 * ( 1 - 21.71% )/( (4271 + 4321.2)/ 2 )
=-218.58568/4296.1
=-5.09 %

where

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

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

El AL Israel Airlines'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 )
=-302/( ( (2276.5 + max(-1527.7, 0)) + (2397.7 + max(-1692.1, 0)) )/ 2 )
=-302/( ( 2276.5 + 2397.7 )/ 2 )
=-302/2337.1
=-12.92 %

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)
=(296.3 + 21.6 + 127.2) - (500.9 + 0 + 1471.9)
=-1527.7

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(315.8 + 49.2 + 149.6) - (687.5 + 0 + 1519.2)
=-1692.1

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 %:

El AL Israel Airlines'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 )
=-69.8/562.5
=-12.41 %

* 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.


El AL Israel Airlines Operating Income Related Terms


El AL Israel Airlines Operating Income Historical Data

* Premium members only.

The historical data trend for El AL Israel Airlines'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.

El AL Israel Airlines Operating Income Chart

El AL Israel Airlines 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 -296.10 94.50 254.60 768.40 575.10

El AL Israel Airlines 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 125.30 86.80 255.60 107.30 -69.80
ELALF
56GF Score
El AL Israel Airlines Ltd ELALF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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El AL Israel Airlines 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 $380 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 $380 Mil mean?
El AL Israel Airlines (ELALF) has a Operating Income of $380 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on El AL Israel Airlines and its competitors.
Is El AL Israel Airlines' Operating Income too high?
El AL Israel Airlines' current Operating Income is $380 Mil. Overall, El AL Israel Airlines has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does El AL Israel Airlines' Operating Income compare to DAL and UAL?
El AL Israel Airlines' Operating Income of $380 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Operating Income depends on the Transportation 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 El AL Israel Airlines and its competitors. El AL Israel Airlines's current Operating Income is $380 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is El AL Israel Airlines stock overvalued right now?
Based on GuruFocus' analysis, El AL Israel Airlines (ELALF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.95, compared to a current price of $5.00 — trading 156.4% above its estimated fair value. The current Operating Income is $380 Mil. El AL Israel Airlines' overall GF Score™ is 56/100 with 3 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 El AL Israel Airlines (ELALF), the current Operating Income is $380 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 El AL Israel Airlines (ELALF) Overvalued in 2026?

Based on GuruFocus' analysis, El AL Israel Airlines stock appears to be overvalued. The current stock price of $5.00 is trading 156.4% above its estimated GF Value™ of $1.95. GuruFocus considers El AL Israel Airlines to be Significantly Overvalued.

Key valuation signals for ELALF:

  • Operating Income: $380 Mil
  • GF Value™: $1.95 vs. price of $5.00 (156.4% above fair value)
  • GF Score™: 56/100 with 3 warning signs

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


El AL Israel Airlines Business Description

Other Exchanges ELAL:Israel
Address PO Box 41, Ben Gurion Airport, Lod, ISR, 7015001
El AL Israel Airlines Ltd is an international airline company which provides air transportation of passengers and cargo in Israel and overseas, by means of passenger aircraft and cargo aircraft. The company's passenger aircraft mainly operate scheduled flights as well as charter flights. The group is engaged in activities related to the air transport operations, such as the sale of duty-free products, food production, and supply mainly to the company's aircraft, providing security services, ongoing maintenance services and overall maintenance services to aircraft of other airlines at Ben Gurion Airport, and managing travel agencies abroad. The reporting segments of the company are air transport on passenger aircraft, and air transport on cargo plane.
56GF Score

Get the complete analysis for ELALF

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

$5.00
Price
$1.95
GF Value