Champion Homes (FRA:3IL) Operating Income: €201 Mil (TTM As of Jun. 2026)

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FRA:3IL Champion Homes Inc FRA:3IL
80 GF Score
Price €65.00
GF Value €64.79
! 7 Warning Signs
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What is Champion Homes Operating Income?

Champion Homes FRA:3IL 80 Operating Income is €201 Mil as of Jun. 2026. GuruFocus rates FRA:3IL with a GF Score™ of 80/100 and a GF Value™ of €64.79. The stock has 7 warning signs investors should review.

Champion Homes's Operating Income for the three months ended in Jun. 2026 was €52 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was €201 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Champion Homes's Operating Income for the three months ended in Jun. 2026 was €52 Mil. Champion Homes's Revenue for the three months ended in Jun. 2026 was €616 Mil. Therefore, Champion Homes's Operating Margin % for the quarter that ended in Jun. 2026 was 8.49%.

Warning Sign:

Champion Homes Inc operating margin has been in a 5-year decline. The average rate of decline per year is -3.2%.

Champion Homes's 5-Year average Growth Rate for Operating Margin % was -3.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Champion Homes's annualized ROC % for the quarter that ended in Jun. 2026 was 15.21%. Champion Homes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 61.72%.


Champion Homes  (FRA:3IL) Operating Income Explanation

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

Champion Homes'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 )
=209.268 * ( 1 - 24.98% )/( (1082.579 + 982.181)/ 2 )
=156.9928536/1032.38
=15.21 %

where

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))
=1843.787 - 209.114 - ( 552.094 - max(0, 393.871 - 975.909+552.094))
=1082.579

Invested Capital(Q: Jun. 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))
=1864.082 - 200.771 - ( 681.13 - max(0, 408.918 - 1119.646+681.13))
=982.181

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

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

Champion Homes'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 )
=242.8/( ( (271.78 + max(119.894, 0)) + (271.125 + max(123.979, 0)) )/ 2 )
=242.8/( ( 391.674 + 395.104 )/ 2 )
=242.8/393.389
=61.72 %

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)
=(76.821 + 309.941 + 37.053) - (209.114 + 64.756 + 30.051)
=119.894

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(82.372 + 315.635 + 40.509) - (200.771 + 72.57 + 41.196)
=123.979

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 %:

Champion Homes'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 )
=52.317/616.483
=8.49 %

* 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.


Champion Homes Operating Income Related Terms


Champion Homes Operating Income Historical Data

* Premium members only.

The historical data trend for Champion Homes'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.

Champion Homes Operating Income Chart

Champion Homes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 302.28 484.08 161.19 219.26 217.78

Champion Homes 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 68.08 63.74 53.35 31.11 52.32
FRA:3IL
80GF Score
Champion Homes Inc FRA:3IL
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Champion Homes 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 €201 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 €201 Mil mean?
Champion Homes (FRA:3IL) has a Operating Income of €201 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Champion Homes and its competitors.
Is Champion Homes' Operating Income too high?
Champion Homes' current Operating Income is €201 Mil. Overall, Champion Homes has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Champion Homes' Operating Income compare to ?
Champion Homes' Operating Income of €201 Mil can be compared against companies in the Homebuilding & Construction 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 Homebuilding & Construction company?
A good Operating Income depends on the Homebuilding & Construction 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 Champion Homes and its competitors. Champion Homes's current Operating Income is €201 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Champion Homes stock overvalued right now?
Champion Homes (FRA:3IL) has a current Operating Income of €201 Mil. The stock's GF Value™ is €64.79, compared to a current price of €65.00 — trading 0.3% above its estimated fair value. The current Operating Income is €201 Mil. Champion Homes' overall GF Score™ is 80/100 with 7 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 Champion Homes (FRA:3IL), the current Operating Income is €201 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 Champion Homes (FRA:3IL) Overvalued in 2026?

Based on GuruFocus' analysis, Champion Homes stock appears to be overvalued. The current stock price of €65.00 is trading 0.3% above its estimated GF Value™ of €64.79.

Key valuation signals for FRA:3IL:

  • Operating Income: €201 Mil
  • GF Value™: €64.79 vs. price of €65.00 (0.3% above fair value)
  • GF Score™: 80/100 with 7 warning signs

No single metric tells the full story. See the FRA:3IL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Champion Homes Business Description

Comparable Companies
Other Exchanges SKY:USA
Address 755 West Big Beaver Road, Suite 1000, Troy, MI, USA, 48084
Champion Homes Inc is a factory-built housing company in North America. The company is well positioned with an portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family, and other hospitality sectors. In addition to its core home building business, the company provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 72 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States.
80GF Score

Get the complete analysis for FRA:3IL

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

€65.00
Price
€64.79
GF Value