CVC Capital Partners (MEX:CVCN) Operating Income: MXN19,892.56 Mil (TTM As of Dec. 2025)


MEX:CVCN CVC Capital Partners PLC MEX:CVCN
18 GF Score
Price MXN240.14
! 2 Warning Signs
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What is CVC Capital Partners Operating Income?

CVC Capital Partners MEX:CVCN 18 Operating Income is MXN19,892.56 Mil as of Dec. 2025. GuruFocus rates MEX:CVCN with a GF Score™ of 18/100. The stock has 2 warning signs investors should review.

CVC Capital Partners's Operating Income for the six months ended in Dec. 2025 was MXN11,192.88 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was MXN19,892.56 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. CVC Capital Partners's Operating Income for the six months ended in Dec. 2025 was MXN11,192.88 Mil. CVC Capital Partners's Revenue for the six months ended in Dec. 2025 was MXN21,261.63 Mil. Therefore, CVC Capital Partners's Operating Margin % for the quarter that ended in Dec. 2025 was 52.64%.

CVC Capital Partners's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CVC Capital Partners's annualized ROC % for the quarter that ended in Dec. 2025 was 23.78%. CVC Capital Partners's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 601.71%.


CVC Capital Partners  (MEX:CVCN) Operating Income Explanation

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

CVC Capital Partners's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=22385.766 * ( 1 - 0% )/( (90578.225 + 97665.741)/ 2 )
=22385.766/94121.983
=23.78 %

where

Invested Capital(Q: Jun. 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))
=106723.124 - 4359.405 - ( 14632.569 - max(0, 7577.374 - 19362.868+14632.569))
=90578.225

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))
=109841.854 - 1170.413 - ( 15205.012 - max(0, 9966.45 - 20972.15+15205.012))
=97665.741

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

CVC Capital Partners's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=26086.548/( ( (4298.465 + max(370.894, 0)) + (4001.461 + max(-6041.143, 0)) )/ 2 )
=26086.548/( ( 4669.359 + 4001.461 )/ 2 )
=26086.548/4335.41
=601.71 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4730.299 + 0 + 0) - (4359.405 + 0 + 0)
=370.894

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1348.804 + 0 + 0.0010000000002037) - (1170.413 + 0 + 6219.535)
=-6041.143

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. Operating Income is also linked to Operating Margin %:

CVC Capital Partners's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=11192.883/21261.632
=52.64 %

* 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.


CVC Capital Partners Operating Income Related Terms


CVC Capital Partners Operating Income Historical Data

* Premium members only.

The historical data trend for CVC Capital Partners'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.

CVC Capital Partners Operating Income Chart

CVC Capital Partners Annual Data
Trend Dec23 Dec24 Dec25
Operating Income
8,659.85 21,260.63 19,638.72

CVC Capital Partners Semi-Annual Data
Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Income Get a 7-Day Free Trial 4,573.14 8,029.53 12,368.63 8,699.68 11,192.88
MEX:CVCN
18GF Score
CVC Capital Partners PLC MEX:CVCN
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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CVC Capital Partners 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was MXN19,892.56 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 MXN19,892.56 Mil mean?
CVC Capital Partners (MEX:CVCN) has a Operating Income of MXN19,892.56 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on CVC Capital Partners and its competitors.
Is CVC Capital Partners' Operating Income too high?
CVC Capital Partners' current Operating Income is MXN19,892.56 Mil. Overall, CVC Capital Partners has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does CVC Capital Partners' Operating Income compare to BLK and BX?
CVC Capital Partners' Operating Income of MXN19,892.56 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 CVC Capital Partners and its competitors. CVC Capital Partners's current Operating Income is MXN19,892.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVC Capital Partners stock overvalued right now?
CVC Capital Partners (MEX:CVCN) has a current Operating Income of MXN19,892.56 Mil. The current Operating Income is MXN19,892.56 Mil. CVC Capital Partners' overall GF Score™ is 18/100 with 2 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 CVC Capital Partners (MEX:CVCN), the current Operating Income is MXN19,892.56 Mil as of Dec. 2025. 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.

CVC Capital Partners Business Description

Address Level 1, IFC 1, Esplanade, St Helier, JEY, JE2 3BX
Citicorp established CVC Capital Partners in 1981 as its European venture capital business. In 1993, the senior investment team negotiated a spinout from Citicorp to form an independent firm, at which point CVC also completed its transition from venture capital into leveraged buyouts and investments in mature businesses. Over time, CVC evolved into a manager of private equity, credit, secondaries, and infrastructure funds. CVC invests most of its funds in Europe and the United States, with a smaller exposure to Asia.
18GF Score

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

MXN240.14
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