Outokumpu Oyj's Operating Income for the
three
months ended in Mar. 2026 was €2 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €-126 Mil.
Warning Sign:
Outokumpu Oyj had lost money in 67% of the time over the past 12quarters.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Outokumpu Oyj's annualizedROC % for the quarter that ended in Mar. 2026 was 0.15%.
Outokumpu Oyj's annualizedROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.76%.
Outokumpu Oyj (MIL:1OUT) Operating Income Explanation
1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Outokumpu Oyj'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.
Outokumpu Oyj Operating Income Related Terms
Outokumpu Oyj Operating Income Historical Data
* Premium members only.
The historical data trend for Outokumpu Oyj'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 quarterly data reported by the company within the most recent 12 months, which was €-126 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.
Outokumpu Oyj (MIL:1OUT) has a Operating Income of €-126 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Outokumpu Oyj and its competitors.
Is Outokumpu Oyj's Operating Income too high?
Outokumpu Oyj's current Operating Income is €-126 Mil. Overall, Outokumpu Oyj has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Outokumpu Oyj's Operating Income compare to NUE and STLD?
Outokumpu Oyj's Operating Income of €-126 Mil can be compared against companies in the Steel 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 Steel company?
A good Operating Income depends on the Steel 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 Outokumpu Oyj and its competitors. Outokumpu Oyj's current Operating Income is €-126 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Outokumpu Oyj stock overvalued right now?
Based on GuruFocus' analysis, Outokumpu Oyj (MIL:1OUT) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.13, compared to a current price of €5.54 — trading 77% above its estimated fair value. The current Operating Income is €-126 Mil. Outokumpu Oyj's overall GF Score™ is 38/100 with 9 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 Outokumpu Oyj (MIL:1OUT), the current Operating Income is €-126 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 Outokumpu Oyj (MIL:1OUT) Overvalued in 2026?
Based on GuruFocus' analysis, Outokumpu Oyj stock appears to be overvalued.
The current stock price of €5.54 is trading 77% above its estimated GF Value™ of €3.13.
GuruFocus considers Outokumpu Oyj to be Significantly Overvalued.
Key valuation signals for MIL:1OUT:
Operating Income: €-126 Mil
GF Value™: €3.13 vs. price of €5.54 (77% above fair value)
No single metric tells the full story. See the MIL:1OUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Outokumpu Oyj is a steel and alloys maker. Its business is divided into three business areas, which are Europe, the Americas, and Ferrochrome. Europe derives the key revenue, which consists of both coil and plate operations. The high-volume and tailored standard stainless-steel grades are used, for example, in architecture, building and construction, transportation, catering and appliances, chemical, petrochemical and energy sectors, as well as other process industries. The Americas produces standard austenitic and ferritic grades as well as tailored products. Ferrochrome produces charge grade of ferrochrome and runs the chrome mine in Kemi and the ferrochrome smelter in Tornio, Finland. The company generates the majority of its revenue from Europe.
38GF Score
Get the complete analysis for MIL:1OUT
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
MIL:1OUT has been successfully added to your 
