OLCLF (Oriental Land Co) Operating Income: $1,107 Mil (TTM As of Mar. 2026)


OLCLF Oriental Land Co Ltd OLCLF
75 GF Score
Price $14.59
GF Value $23.23
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Oriental Land Co Operating Income?

Oriental Land Co OLCLF -9.13% 75 Operating Income is $1,107 Mil as of Mar. 2026. GuruFocus rates OLCLF with a GF Score™ of 75/100 and a GF Value™ of $23.23 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Oriental Land Co's Operating Income for the three months ended in Mar. 2026 was $170 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $1,107 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Oriental Land Co's Operating Income for the three months ended in Mar. 2026 was $170 Mil. Oriental Land Co's Revenue for the three months ended in Mar. 2026 was $1,099 Mil. Therefore, Oriental Land Co's Operating Margin % for the quarter that ended in Mar. 2026 was 15.49%.

Oriental Land Co'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. Oriental Land Co's annualized ROC % for the quarter that ended in Mar. 2026 was 8.01%. Oriental Land Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.45%.


Oriental Land Co  (OTCPK:OLCLF) Operating Income Explanation

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

Oriental Land Co'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 )
=680.58 * ( 1 - 18.45% )/( (6930.674 + 6924.529)/ 2 )
=555.01299/6927.6015
=8.01 %

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))
=10177.449 - 281.538 - ( 3635.648 - max(0, 1180.368 - 4145.605+3635.648))
=6930.674

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))
=10266.248 - 387.213 - ( 3762.842 - max(0, 1300.614 - 4255.12+3762.842))
=6924.529

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

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

Oriental Land Co'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 )
=710.828/( ( (5290.043 + max(-441.761, 0)) + (5276.234 + max(-644.714, 0)) )/ 2 )
=710.828/( ( 5290.043 + 5276.234 )/ 2 )
=710.828/5283.1385
=13.45 %

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)
=(247.135 + 166.597 + 96.224999999999) - (281.538 + 0 + 670.18)
=-441.761

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(214.907 + 159.463 + 117.316) - (387.213 + 0 + 749.187)
=-644.714

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 %:

Oriental Land Co'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 )
=170.145/1098.5
=15.49 %

* 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.


Oriental Land Co Operating Income Related Terms


Oriental Land Co Operating Income Historical Data

* Premium members only.

The historical data trend for Oriental Land Co'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.

Oriental Land Co Operating Income Chart

Oriental Land Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.22 831.94 1,104.26 1,154.66 1,061.32

Oriental Land Co 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 248.98 268.32 199.33 469.31 170.15
OLCLF
75GF Score
Oriental Land Co Ltd OLCLF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Oriental Land Co 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 $1,107 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 $1,107 Mil mean?
Oriental Land Co (OLCLF) has a Operating Income of $1,107 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Oriental Land Co and its competitors.
Is Oriental Land Co's Operating Income too high?
Oriental Land Co's current Operating Income is $1,107 Mil. Overall, Oriental Land Co has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Oriental Land Co's Operating Income compare to AS and HAS?
Oriental Land Co's Operating Income of $1,107 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Operating Income depends on the Travel & Leisure 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 Oriental Land Co and its competitors. Oriental Land Co's current Operating Income is $1,107 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oriental Land Co stock overvalued right now?
Based on GuruFocus' analysis, Oriental Land Co (OLCLF) is currently considered Significantly Undervalued. The stock's GF Value™ is $23.23, compared to a current price of $14.59 — trading 37.2% below its estimated fair value. The current Operating Income is $1,107 Mil. Oriental Land Co's overall GF Score™ is 75/100 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 Oriental Land Co (OLCLF), the current Operating Income is $1,107 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 Oriental Land Co (OLCLF) Overvalued in 2026?

Based on GuruFocus' analysis, Oriental Land Co stock appears to be undervalued. The current stock price of $14.59 is trading 37.2% below its estimated GF Value™ of $23.23. GuruFocus considers Oriental Land Co to be Significantly Undervalued.

Key valuation signals for OLCLF:

  • Operating Income: $1,107 Mil
  • GF Value™: $23.23 vs. price of $14.59 (37.2% below fair value)
  • GF Score™: 75/100 with 1 warning sign

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


Oriental Land Co Business Description

Address 1-1 Maihama, Chiba Prefecture, Urayasu, JPN, 279-8511
Oriental Land is a prominent Japanese company primarily known for its ownership and operation of the Tokyo Disney Resort. It includes two theme parks, Tokyo Disneyland and Tokyo DisneySea, as well as hotels, shopping, and dining facilities. Oriental Land collaborates closely with The Walt Disney Company under a licensing agreement until 2076. This partnership has been instrumental in establishing Tokyo Disney Resort as one of the leading tourist destinations in Japan, attracting millions of visitors annually from domestic and international markets. Beyond its entertainment ventures, Oriental Land has also ventured into real estate development and operates Ikspiari, a retail and entertainment complex adjacent to Tokyo Disneyland.
75GF Score

Get the complete analysis for OLCLF

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

$14.59
Price
$23.23
GF Value