G-III Apparel Group (STU:GI4) Operating Income: €200 Mil (TTM As of Apr. 2026)

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STU:GI4 G-III Apparel Group Ltd STU:GI4
74 GF Score
Price €31.40
GF Value €22.72
Valuation Significantly Overvalued
! 5 Warning Signs
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What is G-III Apparel Group Operating Income?

G-III Apparel Group STU:GI4 +1.95% 74 Operating Income is €200 Mil as of Apr. 2026. GuruFocus rates STU:GI4 with a GF Score™ of 74/100 and a GF Value™ of €22.72 (Significantly Overvalued). The stock has 5 warning signs investors should review.

G-III Apparel Group's Operating Income for the three months ended in Apr. 2026 was €73 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was €200 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. G-III Apparel Group's Operating Income for the three months ended in Apr. 2026 was €73 Mil. G-III Apparel Group's Revenue for the three months ended in Apr. 2026 was €458 Mil. Therefore, G-III Apparel Group's Operating Margin % for the quarter that ended in Apr. 2026 was 15.90%.

Good Sign:

G-III Apparel Group Ltd operating margin is expanding. Margin expansion is usually a good sign.

G-III Apparel Group's 5-Year average Growth Rate for Operating Margin % was 0.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. G-III Apparel Group's annualized ROC % for the quarter that ended in Apr. 2026 was 14.39%. G-III Apparel Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 35.67%.


G-III Apparel Group  (STU:GI4) Operating Income Explanation

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

G-III Apparel Group's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=291.504 * ( 1 - 22.28% )/( (1553.069 + 1596.588)/ 2 )
=226.5569088/1574.8285
=14.39 %

where

Invested Capital(Q: Jan. 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))
=2221.808 - 322.67 - ( 346.069 - max(0, 464.361 - 1250.159+346.069))
=1553.069

Invested Capital(Q: Apr. 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))
=2210.162 - 276.516 - ( 337.058 - max(0, 389.015 - 1235.928+337.058))
=1596.588

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

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

G-III Apparel Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=291.504/( ( (285.648 + max(490.234, 0)) + (292.789 + max(565.793, 0)) )/ 2 )
=291.504/( ( 775.882 + 858.582 )/ 2 )
=291.504/817.232
=35.67 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(457.025 + 391.485 + 55.58) - (322.67 + 0 + 91.186)
=490.234

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(370.091 + 357.267 + 171.512) - (276.516 + 0 + 56.561)
=565.793

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

G-III Apparel Group's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=72.876/458.248
=15.90 %

* 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.


G-III Apparel Group Operating Income Related Terms


G-III Apparel Group Operating Income Historical Data

* Premium members only.

The historical data trend for G-III Apparel Group'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.

G-III Apparel Group Operating Income Chart

G-III Apparel Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 276.29 222.93 266.31 291.03 133.23

G-III Apparel Group Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 7.54 13.97 97.85 15.21 72.88
STU:GI4
74GF Score
G-III Apparel Group Ltd STU:GI4
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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G-III Apparel Group 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €200 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 €200 Mil mean?
G-III Apparel Group (STU:GI4) has a Operating Income of €200 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on G-III Apparel Group and its competitors.
Is G-III Apparel Group's Operating Income too high?
G-III Apparel Group's current Operating Income is €200 Mil. Overall, G-III Apparel Group has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does G-III Apparel Group's Operating Income compare to FIGS and OXM?
G-III Apparel Group's Operating Income of €200 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Operating Income depends on the Manufacturing - Apparel & Accessories 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 G-III Apparel Group and its competitors. G-III Apparel Group's current Operating Income is €200 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G-III Apparel Group stock overvalued right now?
Based on GuruFocus' analysis, G-III Apparel Group (STU:GI4) is currently considered Significantly Overvalued. The stock's GF Value™ is €22.72, compared to a current price of €31.40 — trading 38.2% above its estimated fair value. The current Operating Income is €200 Mil. G-III Apparel Group's overall GF Score™ is 74/100 with 5 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 G-III Apparel Group (STU:GI4), the current Operating Income is €200 Mil as of Apr. 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 G-III Apparel Group (STU:GI4) Overvalued in 2026?

Based on GuruFocus' analysis, G-III Apparel Group stock appears to be overvalued. The current stock price of €31.40 is trading 38.2% above its estimated GF Value™ of €22.72. GuruFocus considers G-III Apparel Group to be Significantly Overvalued.

Key valuation signals for STU:GI4:

  • Operating Income: €200 Mil
  • GF Value™: €22.72 vs. price of €31.40 (38.2% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the STU:GI4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


G-III Apparel Group Business Description

Other Exchanges GIII:USA
Address 512 Seventh Avenue, New York, NY, USA, 10018
G-III Apparel Group Ltd is an apparel manufacturing company. The company makes a wide range of apparel, footwear, and accessories that sells under its own brands, licensed brands, and private-label brands. It has a substantial portfolio for licensed and proprietary brands, anchored by brands: DKNY, Donna Karan, Karl Lagerfeld, Karl Lagerfeld Paris, Vilebrequin, and others. The reportable segments of the company are Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by from third parties, and sales of products under its own brands and private label brands. The retail operations segment consists of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives majority of its revenue from Wholesale operations.
74GF Score

Get the complete analysis for STU:GI4

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

€31.40
Price
€22.72
GF Value