Integrated Wind Solutions ASA (OSL:IWS) Operating Income: kr336 Mil (TTM As of Mar. 2026)

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OSL:IWS Integrated Wind Solutions ASA OSL:IWS
44 GF Score
Price kr57.80
GF Value kr139.48
Valuation Possible Value Trap
! 4 Warning Signs
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What is Integrated Wind Solutions ASA Operating Income?

Integrated Wind Solutions ASA OSL:IWS +1.40% 44 Operating Income is kr336 Mil as of Mar. 2026. GuruFocus rates OSL:IWS with a GF Score™ of 44/100 and a GF Value™ of kr139.48 (Possible Value Trap). The stock has 4 warning signs investors should review.

Integrated Wind Solutions ASA's Operating Income for the three months ended in Mar. 2026 was kr82 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was kr336 Mil.

Warning Sign:

Integrated Wind Solutions ASA 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. Integrated Wind Solutions ASA's Operating Income for the three months ended in Mar. 2026 was kr82 Mil. Integrated Wind Solutions ASA's Revenue for the three months ended in Mar. 2026 was kr390 Mil. Therefore, Integrated Wind Solutions ASA's Operating Margin % for the quarter that ended in Mar. 2026 was 21.05%.

Integrated Wind Solutions ASA'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. Integrated Wind Solutions ASA's annualized ROC % for the quarter that ended in Mar. 2026 was 7.71%. Integrated Wind Solutions ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.46%.


Integrated Wind Solutions ASA  (OSL:IWS) Operating Income Explanation

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

Integrated Wind Solutions ASA'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 )
=328.592 * ( 1 - 0.57% )/( (4282.959 + 4187.767)/ 2 )
=326.7190256/4235.363
=7.71 %

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))
=4993.199 - 96.335 - ( 613.905 - max(0, 310.746 - 968.286+613.905))
=4282.959

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))
=4788.365 - 169.746 - ( 430.852 - max(0, 379.075 - 933.211+430.852))
=4187.767

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

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

Integrated Wind Solutions ASA'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 )
=314.524/( ( (3657.869 + max(118.241, 0)) + (3427.284 + max(228.11, 0)) )/ 2 )
=314.524/( ( 3776.11 + 3655.394 )/ 2 )
=314.524/3715.752
=8.46 %

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)
=(282.319 + 0 + 2.438) - (96.335 + 0 + 70.181)
=118.241

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(337.113 + 0 + 102.292) - (169.746 + 0 + 41.549)
=228.11

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 %:

Integrated Wind Solutions ASA'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 )
=82.148/390.207
=21.05 %

* 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.


Integrated Wind Solutions ASA Operating Income Related Terms


Integrated Wind Solutions ASA Operating Income Historical Data

* Premium members only.

The historical data trend for Integrated Wind Solutions ASA'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.

Integrated Wind Solutions ASA Operating Income Chart

Integrated Wind Solutions ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial -14.34 -29.38 -41.13 61.34 296.64

Integrated Wind Solutions ASA 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 39.25 79.69 78.16 95.80 82.15
OSL:IWS
44GF Score
Integrated Wind Solutions ASA OSL:IWS
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Integrated Wind Solutions ASA 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 kr336 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 kr336 Mil mean?
Integrated Wind Solutions ASA (OSL:IWS) has a Operating Income of kr336 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Integrated Wind Solutions ASA and its competitors.
Is Integrated Wind Solutions ASA's Operating Income too high?
Integrated Wind Solutions ASA's current Operating Income is kr336 Mil. Overall, Integrated Wind Solutions ASA has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Integrated Wind Solutions ASA's Operating Income compare to GEV and ETN?
Integrated Wind Solutions ASA's Operating Income of kr336 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Operating Income depends on the Industrial Products 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 Integrated Wind Solutions ASA and its competitors. Integrated Wind Solutions ASA's current Operating Income is kr336 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Integrated Wind Solutions ASA stock overvalued right now?
Based on GuruFocus' analysis, Integrated Wind Solutions ASA (OSL:IWS) is currently considered Possible Value Trap. The stock's GF Value™ is kr139.48, compared to a current price of kr57.80 — trading 58.6% below its estimated fair value. The current Operating Income is kr336 Mil. Integrated Wind Solutions ASA's overall GF Score™ is 44/100 with 4 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 Integrated Wind Solutions ASA (OSL:IWS), the current Operating Income is kr336 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 Integrated Wind Solutions ASA (OSL:IWS) Overvalued in 2026?

Based on GuruFocus' analysis, Integrated Wind Solutions ASA stock appears to be undervalued. The current stock price of kr57.80 is trading 58.6% below its estimated GF Value™ of kr139.48. GuruFocus considers Integrated Wind Solutions ASA to be Possible Value Trap.

Key valuation signals for OSL:IWS:

  • Operating Income: kr336 Mil
  • GF Value™: kr139.48 vs. price of kr57.80 (58.6% below fair value)
  • GF Score™: 44/100 with 4 warning signs

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


Integrated Wind Solutions ASA Business Description

Other Exchanges 9UG1:Germany
Address Stoperigata 2, Aker Brygge, Oslo, NOR, 0250
Integrated Wind Solutions ASA is an integrated provider of offshore wind services by integrating construction and Commissioning service operation vessels (CSOVs) with engineering products and manpower services in a wind farm's installation, commissioning, and operations phase. It operates under two reportable segments: the Integrated wind solutions (IWS) fleet, and the Integrated wind solutions (IWS) services.
44GF Score

Get the complete analysis for OSL:IWS

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

kr57.80
Price
kr139.48
GF Value