Curves Holdings Co (TSE:7085) Operating Income: 円7,449 Mil (TTM As of Feb. 2026)

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TSE:7085 Curves Holdings Co Ltd TSE:7085
95 GF Score
Price 円942.00
GF Value 円912.61
Valuation Fairly Valued
! 3 Warning Signs
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What is Curves Holdings Co Operating Income?

Curves Holdings Co TSE:7085 +0.43% 95 Operating Income is 円7,449 Mil as of Feb. 2026. GuruFocus rates TSE:7085 with a GF Score™ of 95/100 and a GF Value™ of 円912.61 (Fairly Valued). The stock has 3 warning signs investors should review.

Curves Holdings Co's Operating Income for the three months ended in Feb. 2026 was 円2,030 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was 円7,449 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Curves Holdings Co's Operating Income for the three months ended in Feb. 2026 was 円2,030 Mil. Curves Holdings Co's Revenue for the three months ended in Feb. 2026 was 円10,325 Mil. Therefore, Curves Holdings Co's Operating Margin % for the quarter that ended in Feb. 2026 was 19.66%.

Good Sign:

Curves Holdings Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

Curves Holdings Co's 5-Year average Growth Rate for Operating Margin % was 30.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Curves Holdings Co's annualized ROC % for the quarter that ended in Feb. 2026 was 16.59%. Curves Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 586.45%.


Curves Holdings Co  (TSE:7085) Operating Income Explanation

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

Curves Holdings Co's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=8120 * ( 1 - 40.79% )/( (28539 + 29428)/ 2 )
=4807.852/28983.5
=16.59 %

where

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

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

Curves Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8008/( ( (923 + max(853, 0)) + (955 + max(-629, 0)) )/ 2 )
=8008/( ( 1776 + 955 )/ 2 )
=8008/1365.5
=586.45 %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5357 + 2181 + 1245) - (3502 + 0 + 4428)
=853

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5668 + 1982 + 688) - (4386 + 0 + 4581)
=-629

When net working capital is negative, 0 is used.

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

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

Curves Holdings Co's Operating Margin % for the quarter that ended in Feb. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=2030/10325
=19.66 %

* 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.


Curves Holdings Co Operating Income Related Terms


Curves Holdings Co Operating Income Historical Data

* Premium members only.

The historical data trend for Curves Holdings Co'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.

Curves Holdings Co Operating Income Chart

Curves Holdings Co Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Operating Income
Get a 7-Day Free Trial 1,622.48 2,742.98 3,851.55 5,458.00 6,342.00

Curves Holdings Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1,663.00 1,298.00 1,806.00 2,030.00 2,315.00
TSE:7085
95GF Score
Curves Holdings Co Ltd TSE:7085
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Curves Holdings Co 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円7,449 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 円7,449 Mil mean?
Curves Holdings Co (TSE:7085) has a Operating Income of 円7,449 Mil as of Feb. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Curves Holdings Co and its competitors.
Is Curves Holdings Co's Operating Income too high?
Curves Holdings Co's current Operating Income is 円7,449 Mil. Overall, Curves Holdings Co has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Curves Holdings Co's Operating Income compare to AS and HAS?
Curves Holdings Co's Operating Income of 円7,449 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Operating Income depends on the Travel & Leisure 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 Curves Holdings Co and its competitors. Curves Holdings Co's current Operating Income is 円7,449 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Curves Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Curves Holdings Co (TSE:7085) is currently considered Fairly Valued. The stock's GF Value™ is 円912.61, compared to a current price of 円942.00 — trading 3.2% above its estimated fair value. The current Operating Income is 円7,449 Mil. Curves Holdings Co's overall GF Score™ is 95/100 with 3 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 Curves Holdings Co (TSE:7085), the current Operating Income is 円7,449 Mil as of Feb. 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 Curves Holdings Co (TSE:7085) Overvalued in 2026?

Based on GuruFocus' analysis, Curves Holdings Co stock appears to be overvalued. The current stock price of 円942.00 is trading 3.2% above its estimated GF Value™ of 円912.61. GuruFocus considers Curves Holdings Co to be Fairly Valued.

Key valuation signals for TSE:7085:

  • Operating Income: 円7,449 Mil
  • GF Value™: 円912.61 vs. price of 円942.00 (3.2% above fair value)
  • GF Score™: 95/100 with 3 warning signs

No single metric tells the full story. See the TSE:7085 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Curves Holdings Co Business Description

Address 3-9-1 Shibaura Rene site Tower 11th Floor, Shibaura, Minato-ku, Yubinbango, Tokyo, JPN, 108-0023
Curves Holdings Co Ltd is an operator of fitness club curbs for women.
95GF Score

Get the complete analysis for TSE:7085

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

円942.00
Price
円912.61
GF Value