LIVE (Live Ventures) Operating Income: $20.4 Mil (TTM As of Mar. 2026)


LIVE Live Ventures Inc LIVE
60 GF Score
Price $9.94
GF Value $16.35
Valuation Possible Value Trap
! 8 Warning Signs
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What is Live Ventures Operating Income?

Live Ventures LIVE -0.30% 60 Operating Income is $20.4 Mil as of Mar. 2026. GuruFocus rates LIVE with a GF Score™ of 60/100 and a GF Value™ of $16.35 (Possible Value Trap). The stock has 8 warning signs investors should review.

Live Ventures's Operating Income for the three months ended in Mar. 2026 was $3.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $20.4 Mil.

Warning Sign:

Live Ventures Inc 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. Live Ventures's Operating Income for the three months ended in Mar. 2026 was $3.4 Mil. Live Ventures's Revenue for the three months ended in Mar. 2026 was $102.9 Mil. Therefore, Live Ventures's Operating Margin % for the quarter that ended in Mar. 2026 was 3.31%.

Warning Sign:

Live Ventures Inc operating margin has been in a 5-year decline. The average rate of decline per year is -33.1%.

Live Ventures's 5-Year average Growth Rate for Operating Margin % was -33.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Live Ventures's annualized ROC % for the quarter that ended in Mar. 2026 was 2.26%. Live Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -1.18%.


Live Ventures  (NAS:LIVE) Operating Income Explanation

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

Live Ventures'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 )
=13.616 * ( 1 - 46.72% )/( (320.145 + 322.652)/ 2 )
=7.2546048/321.3985
=2.26 %

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))
=389.224 - 53.946 - ( 15.133 - max(0, 101.725 - 170.868+15.133))
=320.145

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))
=392.511 - 54.686 - ( 15.173 - max(0, 104.893 - 179.332+15.173))
=322.652

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

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

Live Ventures'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 )
=-2.812/( ( (136.924 + max(98.517, 0)) + (136.968 + max(105.928, 0)) )/ 2 )
=-2.812/( ( 235.441 + 242.896 )/ 2 )
=-2.812/239.1685
=-1.18 %

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)
=(34.197 + 118.212 + 3.326) - (53.946 + 3.272 + -1.4210854715202E-14)
=98.517

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39.062 + 121.643 + 3.195) - (54.686 + 3.286 + 0)
=105.928

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 %:

Live Ventures'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 )
=3.404/102.899
=3.31 %

* 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.


Live Ventures Operating Income Related Terms


Live Ventures Operating Income Historical Data

* Premium members only.

The historical data trend for Live Ventures'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.

Live Ventures Operating Income Chart

Live Ventures Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.79 30.84 15.45 4.41 16.73

Live Ventures 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 2.09 9.47 4.05 3.45 3.40
LIVE
60GF Score
Live Ventures Inc LIVE
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Live Ventures 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 $20.4 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 $20.4 Mil mean?
Live Ventures (LIVE) has a Operating Income of $20.4 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Live Ventures and its competitors.
Is Live Ventures' Operating Income too high?
Live Ventures' current Operating Income is $20.4 Mil. Overall, Live Ventures has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Live Ventures' Operating Income compare to TTSH and HD?
Live Ventures' Operating Income of $20.4 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Operating Income depends on the Retail - Cyclical 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 Live Ventures and its competitors. Live Ventures's current Operating Income is $20.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Live Ventures stock overvalued right now?
Based on GuruFocus' analysis, Live Ventures (LIVE) is currently considered Possible Value Trap. The stock's GF Value™ is $16.35, compared to a current price of $9.94 — trading 39.2% below its estimated fair value. The current Operating Income is $20.4 Mil. Live Ventures' overall GF Score™ is 60/100 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 Live Ventures (LIVE), the current Operating Income is $20.4 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 Live Ventures (LIVE) Overvalued in 2026?

Based on GuruFocus' analysis, Live Ventures stock appears to be undervalued. The current stock price of $9.94 is trading 39.2% below its estimated GF Value™ of $16.35. GuruFocus considers Live Ventures to be Possible Value Trap.

Key valuation signals for LIVE:

  • Operating Income: $20.4 Mil
  • GF Value™: $16.35 vs. price of $9.94 (39.2% below fair value)
  • GF Score™: 60/100 with 8 warning signs

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


Live Ventures Business Description

Other Exchanges UYXP:Germany
Address 8548 Rozita Lee Avenue, Suite 305, Las Vegas, NV, USA, 89113
Live Ventures Inc is a holding company of diversified businesses. It acquires and operates companies with a history of earnings power across five segments: Retail-Entertainment, Retail-Flooring, Flooring Manufacturing, Steel Manufacturing, and Corporate & Other. Retail-Entertainment offers new and pre-owned movies, video games, music, books, comics and collectibles through an integrated buy-sell-trade model. Retail-Flooring is a retailer and installer of flooring, carpeting, and countertops, serving consumers, builders, and contractors. Flooring Manufacturing produces and distributes carpet and hard-surface flooring. Steel Manufacturing engages in steel production and fabrication, generating the majority of revenue. Corporate & Other covers corporate costs and legacy products and services.
60GF Score

Get the complete analysis for LIVE

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

$9.94
Price
$16.35
GF Value