MITUY (Mitsui Chemicals) Operating Income: $369 Mil (TTM As of Mar. 2026)

What is Mitsui Chemicals Operating Income?

Mitsui Chemicals MITUY 79 Operating Income is $369 Mil as of Mar. 2026. GuruFocus rates MITUY with a GF Score™ of 79/100 and a GF Value™ of $9.64. The stock has 11 warning signs investors should review.

Mitsui Chemicals's Operating Income for the three months ended in Mar. 2026 was $100 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $369 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Mitsui Chemicals's Operating Income for the three months ended in Mar. 2026 was $100 Mil. Mitsui Chemicals's Revenue for the three months ended in Mar. 2026 was $2,836 Mil. Therefore, Mitsui Chemicals's Operating Margin % for the quarter that ended in Mar. 2026 was 3.53%.

Warning Sign:

Mitsui Chemicals Inc operating margin has been in a 5-year decline. The average rate of decline per year is -14.5%.

Mitsui Chemicals's 5-Year average Growth Rate for Operating Margin % was -14.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mitsui Chemicals's annualized ROC % for the quarter that ended in Mar. 2026 was 2.77%. Mitsui Chemicals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.58%.

Mitsui Chemicals (OTCPK:MITUY) Operating Income Explanation

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

Mitsui Chemicals'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 )
=	400.624 * ( 1 - 20.67% )	/	( (11659.578	+	11306.129)	/ 2 )
=	317.8150192	/	11482.8535
=	2.77 %

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	))
=	14168.868	-	1048.712	-	( 1460.578	-	max(0, 3909.444	-	6511.721	+	1460.578	))
=	11659.578

	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	))
=	13559.462	-	880.392	-	( 1372.941	-	max(0, 3725.05	-	6258.773	+	1372.941	))
=	11306.129

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

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

Mitsui Chemicals'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 )
=	576.976	/	( ( (4624.667 + max(3020.505, 0))	+	(4542.297 + max(3030.721, 0)) )	/	2 )
=	576.976	/	( ( 7645.172	+	7573.018 )	/	2 )
=	576.976	/	7609.095
=	7.58 %

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)
=	(1950.024	+	2842.587	+	258.532)	-	(1048.712	+	0	+	981.926)
=	3020.505

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2064.749	+	2611.917	+	209.166)	-	(880.392	+	0	+	974.719)
=	3030.721

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 %:

Mitsui Chemicals'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 )
	=	100.156	/	2836.119
	=	3.53 %

* 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.

Mitsui Chemicals Operating Income Related Terms

Mitsui Chemicals Operating Income Historical Data

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The historical data trend for Mitsui Chemicals's Operating Income can be seen below:

Mitsui Chemicals Operating Income Chart

Mitsui Chemicals Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Operating Income

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1,024.57

802.80

412.65

442.16

356.70

Mitsui Chemicals 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															52.71	58.08	71.97	139.02	100.16

79GF Score

Mitsui Chemicals Inc MITUY

Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.

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Mitsui Chemicals 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 $369 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of $369 Mil mean?

Mitsui Chemicals (MITUY) has a Operating Income of $369 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Mitsui Chemicals and its competitors.

Is Mitsui Chemicals' Operating Income too high?

Mitsui Chemicals' current Operating Income is $369 Mil. Overall, Mitsui Chemicals has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.

How does Mitsui Chemicals' Operating Income compare to LIN and SHW?

Mitsui Chemicals' Operating Income of $369 Mil can be compared against companies in the Chemicals 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 Chemicals company?

A good Operating Income depends on the Chemicals 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 Mitsui Chemicals and its competitors. Mitsui Chemicals's current Operating Income is $369 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Mitsui Chemicals stock overvalued right now?

Mitsui Chemicals (MITUY) has a current Operating Income of $369 Mil. The stock's GF Value™ is $9.64, compared to a current price of $11.21 — trading 16.3% above its estimated fair value. The current Operating Income is $369 Mil. Mitsui Chemicals' overall GF Score™ is 79/100 with 11 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 Mitsui Chemicals (MITUY), the current Operating Income is $369 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 Mitsui Chemicals (MITUY) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui Chemicals stock appears to be overvalued. The current stock price of $11.21 is trading 16.3% above its estimated GF Value™ of $9.64.

Key valuation signals for MITUY:

Operating Income: $369 Mil
GF Value™: $9.64 vs. price of $11.21 (16.3% above fair value)
GF Score™: 79/100 with 11 warning signs

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

Mitsui Chemicals Business Description

Industry Basic Materials Chemicals

Comparable Companies TSE:4203 TSE:4088 TSE:4182 TSE:4403 TSE:4626 TSE:4631 TSE:8012 TSE:4613 TSE:4205 TSE:7966 LIN XPAR:AI SHW ECL APD SHSE:603256 XSWX:GIVN TPE:1303 XSWX:SIKA SHSE:600309

Other Exchanges 4183:Japan MSI:Germany

Address 2-2-1 Yaesu, Midtown Yaesu Yaesu Central Tower, Chuo-ku, Tokyo, JPN, 104-0028

Website https://jp.mitsuichemicals.com

Mitsui Chemicals Inc manufactures and sells a variety of chemicals, plastics, and chemical-based products. The firm organizes itself into four segments. The Basic & Green Materials segment provides ethylene, propylene, polyethylene, polypropylene, catalysts, phenols, PTA, PET resins, polyurethane, and industrial chemicals. The ICT Solutions segment supplies semiconductors, electronic components, process and optical materials, and battery-related materials. The Life & Healthcare Solutions segment covers vision care, nonwovens, oral and personal care materials, and agricultural chemicals. The Mobility Solutions segment offers elastomers, functional compounds, polypropylene compounds, and automotive-related products, while Others include related businesses.

79GF Score

Get the complete analysis for MITUY

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

$11.21

Price

$9.64

GF Value

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