Stellantis NV (MIL:STLAM) Operating Income: €-22,231 Mil (TTM As of Dec. 2025)

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MIL:STLAM Stellantis NV MIL:STLAM
58 GF Score
Price €5.09
GF Value €13.93
Valuation Possible Value Trap
! 7 Warning Signs
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What is Stellantis NV Operating Income?

Stellantis NV MIL:STLAM -3.12% 58 Operating Income is €-22,231 Mil as of Dec. 2025. GuruFocus rates MIL:STLAM with a GF Score™ of 58/100 and a GF Value™ of €13.93 (Possible Value Trap). The stock has 7 warning signs investors should review.

Stellantis NV's Operating Income for the six months ended in Dec. 2025 was €-20,680 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €-22,231 Mil.

Warning Sign:

Stellantis NV 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. Stellantis NV's Operating Income for the six months ended in Dec. 2025 was €-20,680 Mil. Stellantis NV's Revenue for the six months ended in Dec. 2025 was €79,247 Mil. Therefore, Stellantis NV's Operating Margin % for the quarter that ended in Dec. 2025 was -26.10%.

Stellantis NV'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. Stellantis NV's annualized ROC % for the quarter that ended in Dec. 2025 was -23.50%. Stellantis NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -104.50%.


Stellantis NV  (MIL:STLAM) Operating Income Explanation

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

Stellantis NV'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 )
=-41360 * ( 1 - 15.42% )/( (150076 + 147653)/ 2 )
=-34982.288/148864.5
=-23.50 %

where

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:

Stellantis NV'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 )
=-45898/( ( (44888 + max(-29216, 0)) + (42958 + max(-31550, 0)) )/ 2 )
=-45898/( ( 44888 + 42958 )/ 2 )
=-45898/43923
=-104.50 %

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)
=(6364 + 21812 + 5228) - (45994 + 837 + 15789)
=-29216

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5662 + 22153 + 5253) - (45701 + 744 + 18173)
=-31550

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 %:

Stellantis NV'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 )
=-20680/79247
=-26.10 %

* 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.


Stellantis NV Operating Income Related Terms


Stellantis NV Operating Income Historical Data

* Premium members only.

The historical data trend for Stellantis NV'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.

Stellantis NV Operating Income Chart

Stellantis NV 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 15,859.00 21,084.00 22,984.00 5,435.00 -22,231.00

Stellantis NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 9,206.00 7,816.00 -2,381.00 -1,551.00 -20,680.00
MIL:STLAM
58GF Score
Stellantis NV MIL:STLAM
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Stellantis NV 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 €-22,231 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 €-22,231 Mil mean?
Stellantis NV (MIL:STLAM) has a Operating Income of €-22,231 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Stellantis NV and its competitors.
Is Stellantis NV's Operating Income too high?
Stellantis NV's current Operating Income is €-22,231 Mil. Overall, Stellantis NV has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Stellantis NV's Operating Income compare to TSLA and GM?
Stellantis NV's Operating Income of €-22,231 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Operating Income depends on the Vehicles & Parts 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 Stellantis NV and its competitors. Stellantis NV's current Operating Income is €-22,231 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stellantis NV stock overvalued right now?
Based on GuruFocus' analysis, Stellantis NV (MIL:STLAM) is currently considered Possible Value Trap. The stock's GF Value™ is €13.93, compared to a current price of €5.09 — trading 63.5% below its estimated fair value. The current Operating Income is €-22,231 Mil. Stellantis NV's overall GF Score™ is 58/100 with 7 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 Stellantis NV (MIL:STLAM), the current Operating Income is €-22,231 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.

Is Stellantis NV (MIL:STLAM) Overvalued in 2026?

Based on GuruFocus' analysis, Stellantis NV stock appears to be undervalued. The current stock price of €5.09 is trading 63.5% below its estimated GF Value™ of €13.93. GuruFocus considers Stellantis NV to be Possible Value Trap.

Key valuation signals for MIL:STLAM:

  • Operating Income: €-22,231 Mil
  • GF Value™: €13.93 vs. price of €5.09 (63.5% below fair value)
  • GF Score™: 58/100 with 7 warning signs

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


Stellantis NV Business Description

Address Taurusavenue 1, Hoofddorp, NH, NLD, 2132 LS
Stellantis was created out of the merger of US-based Fiat Chrysler Automobiles and French-based Peugeot in January 2021, resulting in the fourth-largest automotive original equipment manufacturer by vehicle sales. In 2024, it sold 5.5 million vehicles, 47%, 26%, and 17% in Europe, North America, and South America, respectively. Its brands include Fiat, Jeep, Chrysler, Ram, Peugeot, Citroën, Opel, Alfa Romeo, and Maserati.
58GF Score

Get the complete analysis for MIL:STLAM

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

€5.09
Price
€13.93
GF Value