TBBB (BBB Foods) Operating Income: $-55 Mil (TTM As of Mar. 2026)

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TBBB BBB Foods Inc TBBB
41 GF Score
Price $40.63
! 6 Warning Signs
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What is BBB Foods Operating Income?

BBB Foods TBBB +1.02% 41 Operating Income is $-55 Mil as of Mar. 2026. GuruFocus rates TBBB with a GF Score™ of 41/100. The stock has 6 warning signs investors should review.

BBB Foods's Operating Income for the three months ended in Mar. 2026 was $-1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-55 Mil.

Warning Sign:

BBB Foods Inc 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. BBB Foods's Operating Income for the three months ended in Mar. 2026 was $-1 Mil. BBB Foods's Revenue for the three months ended in Mar. 2026 was $1,268 Mil. Therefore, BBB Foods's Operating Margin % for the quarter that ended in Mar. 2026 was -0.08%.

BBB Foods'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. BBB Foods's annualized ROC % for the quarter that ended in Mar. 2026 was -0.30%. BBB Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.56%.


BBB Foods  (NYSE:TBBB) Operating Income Explanation

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

BBB Foods'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 )
=-4.088 * ( 1 - 0% )/( (1334.324 + 1403.829)/ 2 )
=-4.088/1369.0765
=-0.30 %

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))
=1695.362 - 687.386 - ( 227.561 - max(0, 866.519 - 540.171+227.561))
=1334.324

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))
=1789.26 - 738.417 - ( 225.815 - max(0, 890.885 - 537.899+225.815))
=1403.829

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

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

BBB Foods'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 )
=6.348/( ( (1091.544 + max(-439.871, 0)) + (1181.987 + max(-491.065, 0)) )/ 2 )
=6.348/( ( 1091.544 + 1181.987 )/ 2 )
=6.348/1136.7655
=0.56 %

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)
=(6.944 + 234.227 + 6.3430000000001) - (687.386 + 0 + -0.00099999999997635)
=-439.871

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.694 + 228.493 + 7.1650000000001) - (738.417 + 0 + 0)
=-491.065

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 %:

BBB Foods'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 )
=-1.022/1267.716
=-0.08 %

* 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.


BBB Foods Operating Income Related Terms


BBB Foods Operating Income Historical Data

* Premium members only.

The historical data trend for BBB Foods'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.

BBB Foods Operating Income Chart

BBB Foods Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial 19.21 26.69 46.77 63.70 -37.50

BBB Foods Quarterly Data
Dec21 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 14.54 20.88 -47.96 -26.99 -1.02
TBBB
41GF Score
BBB Foods Inc TBBB
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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BBB Foods 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 $-55 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 $-55 Mil mean?
BBB Foods (TBBB) has a Operating Income of $-55 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on BBB Foods and its competitors.
Is BBB Foods' Operating Income too high?
BBB Foods' current Operating Income is $-55 Mil. Overall, BBB Foods has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does BBB Foods' Operating Income compare to OLLI and PSMT?
BBB Foods' Operating Income of $-55 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Operating Income depends on the Retail - Defensive 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 BBB Foods and its competitors. BBB Foods's current Operating Income is $-55 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BBB Foods stock overvalued right now?
BBB Foods (TBBB) has a current Operating Income of $-55 Mil. The current Operating Income is $-55 Mil. BBB Foods' overall GF Score™ is 41/100 with 6 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 BBB Foods (TBBB), the current Operating Income is $-55 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.

BBB Foods Business Description

Other Exchanges TBBB N:Mexico
Address Avenue Presidente Masaryk 8, Polanco V Seccion, Miguel Hidalgo, Mexico, MEX, MEX, 11560
BBB Foods Inc is a company offering a grocery hard discount model in Mexico. Also, it operates through three subsidiaries, namely Tiendas Tres B, Tiendas BBB, and Desarrolladora Tres BSA de CV of which the main activity of Tiendas Tres B is the sale, purchase, distribution and marketing of all types of products, items and goods, as well as the establishment and operation of individual stores and distribution centers for the sale of such products.
41GF Score

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

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