IBXVF (I B I Investment House) Operating Income: $160.77 Mil (TTM As of Mar. 2026)

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What is I B I Investment House Operating Income?

I B I Investment House IBXVF 90 Operating Income is $160.77 Mil as of Mar. 2026. GuruFocus rates IBXVF with a GF Score™ of 90/100. The stock has 3 warning signs investors should review.

I B I Investment House's Operating Income for the three months ended in Mar. 2026 was $58.71 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $160.77 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. I B I Investment House's Operating Income for the three months ended in Mar. 2026 was $58.71 Mil. I B I Investment House's Revenue for the three months ended in Mar. 2026 was $159.43 Mil. Therefore, I B I Investment House's Operating Margin % for the quarter that ended in Mar. 2026 was 36.82%.

Warning Sign:

I B I Investment House Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -2.5%.

I B I Investment House's 5-Year average Growth Rate for Operating Margin % was -2.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. I B I Investment House's annualized ROC % for the quarter that ended in Mar. 2026 was 36.75%. I B I Investment House's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 448.52%.


I B I Investment House  (OTCPK:IBXVF) Operating Income Explanation

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

I B I Investment House'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 )
=234.832 * ( 1 - 26.82% )/( (470.69 + 464.607)/ 2 )
=171.8500576/467.6485
=36.75 %

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))
=718.157 - 99.467 - ( 200.177 - max(0, 238.636 - 386.636+200.177))
=470.69

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))
=735.493 - 129.003 - ( 212.803 - max(0, 248.915 - 390.798+212.803))
=464.607

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

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

I B I Investment House'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 )
=246.6/( ( (54.886 + max(-113.003, 0)) + (55.075 + max(-142.626, 0)) )/ 2 )
=246.6/( ( 54.886 + 55.075 )/ 2 )
=246.6/54.9805
=448.52 %

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)
=(61.898 + 0 + 4.6730000000001) - (99.467 + 0 + 80.107)
=-113.003

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(73.514 + 0 + 3.954) - (129.003 + 0 + 91.091)
=-142.626

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 %:

I B I Investment House'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 )
=58.708/159.426
=36.82 %

* 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.


I B I Investment House Operating Income Related Terms


I B I Investment House Operating Income Historical Data

* Premium members only.

The historical data trend for I B I Investment House'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.

I B I Investment House Operating Income Chart

I B I Investment House 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 58.49 64.65 81.53 95.17 126.13

I B I Investment House 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 24.07 25.12 33.11 43.82 58.71

I B I Investment House 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 $160.77 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 $160.77 Mil mean?
I B I Investment House (IBXVF) has a Operating Income of $160.77 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on I B I Investment House and its competitors.
Is I B I Investment House's Operating Income too high?
I B I Investment House's current Operating Income is $160.77 Mil. Overall, I B I Investment House has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does I B I Investment House's Operating Income compare to BLK and BX?
I B I Investment House's Operating Income of $160.77 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Operating Income depends on the Asset Management 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 I B I Investment House and its competitors. I B I Investment House's current Operating Income is $160.77 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I B I Investment House stock overvalued right now?
I B I Investment House (IBXVF) has a current Operating Income of $160.77 Mil. The current Operating Income is $160.77 Mil. I B I Investment House's overall GF Score™ is 90/100 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 I B I Investment House (IBXVF), the current Operating Income is $160.77 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.

I B I Investment House Business Description

Other Exchanges IBI:Israel
Address 9 Ahad Ha\'am Street, Shalom Tower, 21st, 26-27th, 29th Floors, Tel Aviv, ISR, 61291
I B I Investment House Ltd is an investment company. It offers investment management & trading services from mutual fund, & provident fund, to trading and execution services on portfolio management, investment banking, & foreign currency, among others.