Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Aristocrat Leisure's Operating Income for the
six
months ended in Mar. 2026 was €352 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €771 Mil.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Aristocrat Leisure's annualizedROC % for the quarter that ended in Mar. 2026 was 10.53%.
Aristocrat Leisure's annualizedROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 244.79%.
Aristocrat Leisure (FRA:AC8) Operating Income Explanation
1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Aristocrat Leisure's annualizedROC % for the quarter that ended in Mar. 2026 is calculated as:
* 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.
Aristocrat Leisure Operating Income Related Terms
Aristocrat Leisure Operating Income Historical Data
* Premium members only.
The historical data trend for Aristocrat Leisure'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.
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 semi-annually data reported by the company within the most recent 12 months, which was €771 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.
Aristocrat Leisure (FRA:AC8) has a Operating Income of €771 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Aristocrat Leisure and its competitors.
Is Aristocrat Leisure's Operating Income too high?
Aristocrat Leisure's current Operating Income is €771 Mil. Overall, Aristocrat Leisure has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Aristocrat Leisure's Operating Income compare to FLUT and DKNG?
Aristocrat Leisure's Operating Income of €771 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Operating Income depends on the Travel & Leisure 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 Aristocrat Leisure and its competitors. Aristocrat Leisure's current Operating Income is €771 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aristocrat Leisure stock overvalued right now?
Aristocrat Leisure (FRA:AC8) has a current Operating Income of €771 Mil. The stock's GF Value™ is €32.08, compared to a current price of €37.00 — trading 15.3% above its estimated fair value. The current Operating Income is €771 Mil. Aristocrat Leisure's overall GF Score™ is 93/100 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 Aristocrat Leisure (FRA:AC8), the current Operating Income is €771 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 Aristocrat Leisure (FRA:AC8) Overvalued in 2026?
Based on GuruFocus' analysis, Aristocrat Leisure stock appears to be overvalued.
The current stock price of €37.00 is trading 15.3% above its estimated GF Value™ of €32.08.
Key valuation signals for FRA:AC8:
Operating Income: €771 Mil
GF Value™: €32.08 vs. price of €37.00 (15.3% above fair value)
No single metric tells the full story. See the FRA:AC8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aristocrat Leisure is an electronic gaming machine manufacturer that sells machines to pubs, clubs, and casinos. The firm is licensed in all Australian states and territories, North American jurisdictions, and essentially every major country. Aristocrat is one of the top three largest players in the space along with International Game Technology and Light & Wonder. The company also develops and distributes mobile games, principally in the social casino niche. The more nascent iGaming business sits between these two businesses, providing digital content and capabilities to real-money gaming providers.
93GF Score
Get the complete analysis for FRA:AC8
Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:AC8 has been successfully added to your 
