OLVOY (Olvi Oyj) Operating Income: $93.35 Mil (TTM As of Mar. 2026)


OLVOY Olvi Oyj OLVOY
98 GF Score
Price $7.85
! 3 Warning Signs
View Full Analysis

What is Olvi Oyj Operating Income?

Olvi Oyj OLVOY 98 Operating Income is $93.35 Mil as of Mar. 2026. GuruFocus rates OLVOY with a GF Score™ of 98/100. The stock has 3 warning signs investors should review.

Olvi Oyj's Operating Income for the three months ended in Mar. 2026 was $12.51 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $93.35 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Olvi Oyj's Operating Income for the three months ended in Mar. 2026 was $12.51 Mil. Olvi Oyj's Revenue for the three months ended in Mar. 2026 was $171.03 Mil. Therefore, Olvi Oyj's Operating Margin % for the quarter that ended in Mar. 2026 was 7.32%.

Warning Sign:

Olvi Oyj operating margin has been in a 5-year decline. The average rate of decline per year is -2.1%.

Olvi Oyj's 5-Year average Growth Rate for Operating Margin % was -2.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Olvi Oyj's annualized ROC % for the quarter that ended in Mar. 2026 was 5.53%. Olvi Oyj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.40%.

Olvi Oyj  (OTCPK:OLVOY) Operating Income Explanation

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

Olvi Oyj'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 )
=50.044 * ( 1 - 41.81% )/( (533.881 + 519.472)/ 2 )
=29.1206036/526.6765
=5.53 %

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))
=711.679 - 82.094 - ( 95.704 - max(0, 238.269 - 349.083+95.704))
=533.881

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))
=811.659 - 224.647 - ( 74.869 - max(0, 300.121 - 367.661+74.869))
=519.472

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

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

Olvi Oyj'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 )
=52.208/( ( (308.144 + max(19.69, 0)) + (350.182 + max(-7.329, 0)) )/ 2 )
=52.208/( ( 327.834 + 350.182 )/ 2 )
=52.208/339.008
=15.40 %

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)
=(142.259 + 91.282 + 1.556) - (82.094 + 0 + 133.313)
=19.69

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(178.476 + 113.087 + 1.229) - (224.647 + 0 + 75.474)
=-7.329

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 %:

Olvi Oyj'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 )
=12.511/171.025
=7.32 %

* 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.

Olvi Oyj Operating Income Related Terms

Olvi Oyj Operating Income Historical Data

* Premium members only.

The historical data trend for Olvi 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.

Olvi Oyj Operating Income Chart

Olvi Oyj 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 67.45 61.02 60.28 85.05 95.89

Olvi Oyj 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 13.45 30.34 31.61 18.90 12.51
OLVOY
98GF Score
Olvi Oyj OLVOY
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Olvi Oyj 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 $93.35 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 $93.35 Mil mean?
Olvi Oyj (OLVOY) has a Operating Income of $93.35 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Olvi Oyj and its competitors.
Is Olvi Oyj's Operating Income too high?
Olvi Oyj's current Operating Income is $93.35 Mil. Overall, Olvi Oyj has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does Olvi Oyj's Operating Income compare to BUD and STZ?
Olvi Oyj's Operating Income of $93.35 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Operating Income depends on the Beverages - Alcoholic 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 Olvi Oyj and its competitors. Olvi Oyj's current Operating Income is $93.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olvi Oyj stock overvalued right now?
Olvi Oyj (OLVOY) has a current Operating Income of $93.35 Mil. The current Operating Income is $93.35 Mil. Olvi Oyj's overall GF Score™ is 98/100 with 3 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 Olvi Oyj (OLVOY), the current Operating Income is $93.35 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.

Olvi Oyj Business Description

Address Olvitie I-IV, Iisalmi, FIN, 74100
Olvi Oyj is an international beverage group that produces alcoholic and nonalcoholic products in several categories. Its product portfolio includes beers, waters, ciders, long drinks, soft drinks, wines, juices, sports drinks, wellness drinks, energy drinks, and distillates. These products are offered under brands like A.Le Coq, Sandels, and OLVI, among others. Olvi generates the majority of its revenue from the sale of beers. The Group's operations are divided into three segments based on the geographical markets in which it operates, including Finland, the Baltic Sea region, and Belarus. The majority of its revenue is generated from the Baltic Sea region.
98GF Score

Get the complete analysis for OLVOY

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

$7.85
Price