Ansa McAL (TRN:AMCL) Operating Income: TTD2,814 Mil (TTM As of Mar. 2026)

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TRN:AMCL Ansa McAL Ltd TRN:AMCL
90 GF Score
Price TTD46.00
GF Value TTD63.52
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Ansa McAL Operating Income?

Ansa McAL TRN:AMCL 90 Operating Income is TTD2,814 Mil as of Mar. 2026. GuruFocus rates TRN:AMCL with a GF Score™ of 90/100 and a GF Value™ of TTD63.52 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Ansa McAL's Operating Income for the three months ended in Mar. 2026 was TTD136 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was TTD2,814 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ansa McAL's Operating Income for the three months ended in Mar. 2026 was TTD136 Mil. Ansa McAL's Revenue for the three months ended in Mar. 2026 was TTD1,848 Mil. Therefore, Ansa McAL's Operating Margin % for the quarter that ended in Mar. 2026 was 7.38%.

Ansa McAL's 5-Year average Growth Rate for Operating Margin % was -0.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ansa McAL's annualized ROC % for the quarter that ended in Mar. 2026 was 1.62%. Ansa McAL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.07%.


Ansa McAL  (TRN:AMCL) Operating Income Explanation

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

Ansa McAL'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 )
=545.764 * ( 1 - 40.24% )/( (17829.169 + 22339.989)/ 2 )
=326.1485664/20084.579
=1.62 %

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))
=20618.314 - 1125.389 - ( 3656.797 - max(0, 5498.973 - 7162.729+3656.797))
=17829.169

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

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

Ansa McAL'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 )
=595.204/( ( (3245.133 + max(-2682.324, 0)) + (3341.723 + max(-1492.059, 0)) )/ 2 )
=595.204/( ( 3245.133 + 3341.723 )/ 2 )
=595.204/3293.428
=18.07 %

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)
=(775.752 + 1295.266 + 392.86) - (1125.389 + 0 + 4020.813)
=-2682.324

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 7270.332) - (0 + 0 + 8762.391)
=-1492.059

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 %:

Ansa McAL'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 )
=136.441/1848.055
=7.38 %

* 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.


Ansa McAL Operating Income Related Terms


Ansa McAL Operating Income Historical Data

* Premium members only.

The historical data trend for Ansa McAL'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.

Ansa McAL Operating Income Chart

Ansa McAL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only 407.64 446.67 387.94 567.27 634.09

Ansa McAL 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 137.04 258.61 295.35 2,123.47 136.44
TRN:AMCL
90GF Score
Ansa McAL Ltd TRN:AMCL
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Ansa McAL 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 TTD2,814 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 TTD2,814 Mil mean?
Ansa McAL (TRN:AMCL) has a Operating Income of TTD2,814 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Ansa McAL and its competitors.
Is Ansa McAL's Operating Income too high?
Ansa McAL's current Operating Income is TTD2,814 Mil. Overall, Ansa McAL has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ansa McAL's Operating Income compare to MMM and HON?
Ansa McAL's Operating Income of TTD2,814 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Operating Income depends on the Conglomerates 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 Ansa McAL and its competitors. Ansa McAL's current Operating Income is TTD2,814 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ansa McAL stock overvalued right now?
Based on GuruFocus' analysis, Ansa McAL (TRN:AMCL) is currently considered Modestly Undervalued. The stock's GF Value™ is TTD63.52, compared to a current price of TTD46.00 — trading 27.6% below its estimated fair value. The current Operating Income is TTD2,814 Mil. Ansa McAL's overall GF Score™ is 90/100 with 7 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 Ansa McAL (TRN:AMCL), the current Operating Income is TTD2,814 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 Ansa McAL (TRN:AMCL) Overvalued in 2026?

Based on GuruFocus' analysis, Ansa McAL stock appears to be undervalued. The current stock price of TTD46.00 is trading 27.6% below its estimated GF Value™ of TTD63.52. GuruFocus considers Ansa McAL to be Modestly Undervalued.

Key valuation signals for TRN:AMCL:

  • Operating Income: TTD2,814 Mil
  • GF Value™: TTD63.52 vs. price of TTD46.00 (27.6% below fair value)
  • GF Score™: 90/100 with 7 warning signs

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


Ansa McAL Business Description

Address 11 Maraval Road, 9th - 11th Floors, TATIL Building, West Indies, Port of Spain, TTO
Ansa McAL Ltd engaged in trading and distribution, construction, manufacturing, packaging and brewing, banking and insurance and the media, retail and service industries. The company has four segments The construction, manufacturing, packaging and brewing segment; The automotive, trading and distribution segment; The banking and insurance segment; and The media, retail, services and parent company segment. The company generates majority of revenue from The construction, manufacturing, packaging and brewing segment which is is a diversified supplier of construction building materials, beverage, glass, chemicals and paint products. The company has presence in Trinidad & Tobago, Barbados, and Other countries. It generates majority of revenue from Trinidad & Tobago.
90GF Score

Get the complete analysis for TRN:AMCL

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

TTD46.00
Price
TTD63.52
GF Value