Delta Electronics (LUX:DELEC) Operating Income: $3,193 Mil (TTM As of Mar. 2026)

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LUX:DELEC Delta Electronics Inc LUX:DELEC
76 GF Score
Price $65.00
GF Value $26.10
! 1 Warning Sign
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What is Delta Electronics Operating Income?

Delta Electronics LUX:DELEC 76 Operating Income is $3,193 Mil as of Mar. 2026. GuruFocus rates LUX:DELEC with a GF Score™ of 76/100 and a GF Value™ of $26.10. The stock has 1 warning sign investors should review.

Delta Electronics's Operating Income for the three months ended in Mar. 2026 was $893 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $3,193 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Delta Electronics's Operating Income for the three months ended in Mar. 2026 was $893 Mil. Delta Electronics's Revenue for the three months ended in Mar. 2026 was $5,000 Mil. Therefore, Delta Electronics's Operating Margin % for the quarter that ended in Mar. 2026 was 17.86%.

Good Sign:

Delta Electronics Inc operating margin is expanding. Margin expansion is usually a good sign.

Delta Electronics's 5-Year average Growth Rate for Operating Margin % was 5.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Delta Electronics's annualized ROC % for the quarter that ended in Mar. 2026 was 27.10%. Delta Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 66.45%.


Delta Electronics  (LUX:DELEC) Operating Income Explanation

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

Delta Electronics'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 )
=3571.86 * ( 1 - 23.34% )/( (9894.558 + 10315.004)/ 2 )
=2738.187876/10104.781
=27.10 %

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))
=20401.01 - 5559.036 - ( 4947.416 - max(0, 6687.388 - 12623.66+4947.416))
=9894.558

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))
=21467.649 - 5989.711 - ( 5162.934 - max(0, 6922.783 - 13524.038+5162.934))
=10315.004

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

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

Delta Electronics'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 )
=3968.04/( ( (4675.862 + max(1142.313, 0)) + (4767.473 + max(1357.34, 0)) )/ 2 )
=3968.04/( ( 5818.175 + 6124.813 )/ 2 )
=3968.04/5971.494
=66.45 %

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)
=(3803.036 + 3236.71 + 237.309) - (5559.036 + 0 + 575.706)
=1142.313

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3981 + 3737.296 + 221.351) - (5989.711 + 0 + 592.596)
=1357.34

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 %:

Delta Electronics'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 )
=892.965/5000.083
=17.86 %

* 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.


Delta Electronics Operating Income Related Terms


Delta Electronics Operating Income Historical Data

* Premium members only.

The historical data trend for Delta Electronics'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.

Delta Electronics Operating Income Chart

Delta Electronics 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 1,123.95 1,356.25 1,314.41 1,466.95 2,690.42

Delta Electronics 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 429.14 637.35 817.67 844.79 892.97
LUX:DELEC
76GF Score
Delta Electronics Inc LUX:DELEC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Delta Electronics 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 $3,193 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 $3,193 Mil mean?
Delta Electronics (LUX:DELEC) has a Operating Income of $3,193 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Delta Electronics and its competitors.
Is Delta Electronics' Operating Income too high?
Delta Electronics' current Operating Income is $3,193 Mil. Overall, Delta Electronics has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Delta Electronics' Operating Income compare to APH and GLW?
Delta Electronics' Operating Income of $3,193 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Operating Income depends on the Hardware 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 Delta Electronics and its competitors. Delta Electronics's current Operating Income is $3,193 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Electronics stock overvalued right now?
Delta Electronics (LUX:DELEC) has a current Operating Income of $3,193 Mil. The stock's GF Value™ is $26.10, compared to a current price of $65.00 — trading 149% above its estimated fair value. The current Operating Income is $3,193 Mil. Delta Electronics' overall GF Score™ is 76/100 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 Delta Electronics (LUX:DELEC), the current Operating Income is $3,193 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 Delta Electronics (LUX:DELEC) Overvalued in 2026?

Based on GuruFocus' analysis, Delta Electronics stock appears to be overvalued. The current stock price of $65.00 is trading 149% above its estimated GF Value™ of $26.10.

Key valuation signals for LUX:DELEC:

  • Operating Income: $3,193 Mil
  • GF Value™: $26.10 vs. price of $65.00 (149% above fair value)
  • GF Score™: 76/100 with 1 warning sign

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


Delta Electronics Business Description

Other Exchanges 2308:Taiwan
Address No. 186, Ruey Kuang Road, Neihu District, Taipei, TWN, 114501
Founded in 1971 and headquartered in Taiwan, Delta Electronics is a global leader in power and thermal solutions. The company offers a wide range of products, with end applications spanning consumer electronics, data centers, industrial equipment, electric vehicles, and renewable energy systems. Delta operates across four business segments: power electronics, mobility, automation, and infrastructure.
76GF Score

Get the complete analysis for LUX:DELEC

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

$65.00
Price
$26.10
GF Value