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The Wharf (Holdings)'s Operating Income for the
six
months ended in Dec. 2025 was $223 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $562 Mil.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
The Wharf (Holdings)'s annualizedROC % for the quarter that ended in Dec. 2025 was 1.36%.
The Wharf (Holdings)'s annualizedROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -3.58%.
The Wharf (Holdings) (OTCPK:WARFF) Operating Income Explanation
1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
The Wharf (Holdings)'s annualizedROC % for the quarter that ended in Dec. 2025 is calculated as:
* 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.
The Wharf (Holdings) Operating Income Related Terms
The Wharf (Holdings) Operating Income Historical Data
* Premium members only.
The historical data trend for The Wharf (Holdings)'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.
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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $562 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.
The Wharf (Holdings) (WARFF) has a Operating Income of $562 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on The Wharf (Holdings) and its competitors.
Is The Wharf (Holdings)'s Operating Income too high?
The Wharf (Holdings)'s current Operating Income is $562 Mil. Overall, The Wharf (Holdings) has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Wharf (Holdings)'s Operating Income compare to competitors?
The Wharf (Holdings)'s Operating Income of $562 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Operating Income depends on the Real Estate 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 The Wharf (Holdings) and its competitors. The Wharf (Holdings)'s current Operating Income is $562 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Wharf (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, The Wharf (Holdings) (WARFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.50, compared to a current price of $2.99 — trading 19.4% above its estimated fair value. The current Operating Income is $562 Mil. The Wharf (Holdings)'s overall GF Score™ is 65/100 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 The Wharf (Holdings) (WARFF), the current Operating Income is $562 Mil as of Dec. 2025. 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 The Wharf (Holdings) (WARFF) Overvalued in 2026?
Based on GuruFocus' analysis, The Wharf (Holdings) stock appears to be overvalued.
The current stock price of $2.99 is trading 19.4% above its estimated GF Value™ of $2.50.
GuruFocus considers The Wharf (Holdings) to be Significantly Overvalued.
Key valuation signals for WARFF:
Operating Income: $562 Mil
GF Value™: $2.50 vs. price of $2.99 (19.4% above fair value)
No single metric tells the full story. See the WARFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Wharf (Holdings) Ltd has determined five reportable operating segments for measuring performance and allocating resources. The segments are investment properties, development properties, hotels, logistics, and investments. The investment properties segment mainly includes property leasing & management operations. The development properties segment encompasses activities relating to the acquisition, development, sales, and marketing of the Group's trading properties. The hotel segment includes hotel management in Asia. The logistics segment mainly includes container terminal operations. The investment segment includes a diversified portfolio of listed equity investments. The majority is from the Development Properties segment. Geographically, the majority is from Mainland China.
65GF Score
Get the complete analysis for WARFF
Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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