SIXGF (Sixt SE) Operating Income: $765 Mil (TTM As of Mar. 2026)


SIXGF Sixt SE SIXGF
86 GF Score
Price $84.00
GF Value $113.21
! 2 Warning Signs
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What is Sixt SE Operating Income?

Sixt SE SIXGF 86 Operating Income is $765 Mil as of Mar. 2026. GuruFocus rates SIXGF with a GF Score™ of 86/100 and a GF Value™ of $113.21. The stock has 2 warning signs investors should review.

Sixt SE'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 $765 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sixt SE's Operating Income for the three months ended in Mar. 2026 was $100 Mil. Sixt SE's Revenue for the three months ended in Mar. 2026 was $1,074 Mil. Therefore, Sixt SE's Operating Margin % for the quarter that ended in Mar. 2026 was 9.29%.

Good Sign:

Sixt SE operating margin is expanding. Margin expansion is usually a good sign.

Sixt SE's 5-Year average Growth Rate for Operating Margin % was 31.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sixt SE's annualized ROC % for the quarter that ended in Mar. 2026 was 4.04%. Sixt SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.88%.


Sixt SE  (OTCPK:SIXGF) Operating Income Explanation

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

Sixt SE'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 )
=398.936 * ( 1 - 27.49% )/( (7197.831 + 7125.866)/ 2 )
=289.2684936/7161.8485
=4.04 %

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))
=8364.489 - 984.596 - ( 182.062 - max(0, 2356.425 - 6793.328+182.062))
=7197.831

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))
=8475.264 - 1290.19 - ( 59.208 - max(0, 2676.222 - 6931.6+59.208))
=7125.866

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

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

Sixt SE'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 )
=163.948/( ( (1344.985 + max(4823.813, 0)) + (1351.299 + max(3854.605, 0)) )/ 2 )
=163.948/( ( 6168.798 + 5205.904 )/ 2 )
=163.948/5687.351
=2.88 %

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)
=(898.409 + 5426.952 + 41.37) - (984.596 + 0 + 558.322)
=4823.813

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(791.822 + 5668.59 + 70.415000000001) - (1290.19 + 0 + 1386.032)
=3854.605

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 %:

Sixt SE'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 )
=99.734/1073.873
=9.29 %

* 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.


Sixt SE Operating Income Related Terms


Sixt SE Operating Income Historical Data

* Premium members only.

The historical data trend for Sixt SE'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.

Sixt SE Operating Income Chart

Sixt SE 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 909.11 688.76 700.26 655.95 856.03

Sixt SE 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 66.57 164.85 349.12 150.79 99.73
SIXGF
86GF Score
Sixt SE SIXGF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Sixt SE 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 $765 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 $765 Mil mean?
Sixt SE (SIXGF) has a Operating Income of $765 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Sixt SE and its competitors.
Is Sixt SE's Operating Income too high?
Sixt SE's current Operating Income is $765 Mil. Overall, Sixt SE has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Sixt SE's Operating Income compare to URI and SUNB?
Sixt SE's Operating Income of $765 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Operating Income depends on the Business Services 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 Sixt SE and its competitors. Sixt SE's current Operating Income is $765 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sixt SE stock overvalued right now?
Sixt SE (SIXGF) has a current Operating Income of $765 Mil. The stock's GF Value™ is $113.21, compared to a current price of $84.00 — trading 25.8% below its estimated fair value. The current Operating Income is $765 Mil. Sixt SE's overall GF Score™ is 86/100 with 2 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 Sixt SE (SIXGF), the current Operating Income is $765 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 Sixt SE (SIXGF) Overvalued in 2026?

Based on GuruFocus' analysis, Sixt SE stock appears to be undervalued. The current stock price of $84.00 is trading 25.8% below its estimated GF Value™ of $113.21.

Key valuation signals for SIXGF:

  • Operating Income: $765 Mil
  • GF Value™: $113.21 vs. price of $84.00 (25.8% below fair value)
  • GF Score™: 86/100 with 2 warning signs

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


Sixt SE Business Description

Address Zugspitzstrasse 1, Pullach, BY, DEU, 82049
Sixt SE provides automotive rental services mainly across Europe and the U.S. The company offers rental solutions from passenger vehicles, including sports utilities vehicles, electric vehicles, and luxury sports cars to vans and trucks. With its products SIXT rent, SIXT share, SIXT ride, and others, the company offers mobility services in the areas of car rental, car sharing, ride services, and car subscriptions. These products can be booked via a single app that also integrates the services of mobility partners. Geographically, operates in Germany, Europe, North America, and Others.
86GF Score

Get the complete analysis for SIXGF

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

$84.00
Price
$113.21
GF Value