Nestle Cote d'Ivoire (XBRV:NTLC) Operating Income: XOF174,204 Mil (TTM As of Jun. 2025)

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XBRV:NTLC Nestle Cote d'Ivoire SA XBRV:NTLC
43 GF Score
Price XOF16,355.00
! 2 Warning Signs
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What is Nestle Cote d'Ivoire Operating Income?

Nestle Cote d'Ivoire XBRV:NTLC -0.27% 43 Operating Income is XOF174,204 Mil as of Jun. 2025. GuruFocus rates XBRV:NTLC with a GF Score™ of 43/100. The stock has 2 warning signs investors should review.

Nestle Cote d'Ivoire's Operating Income for the six months ended in Jun. 2025 was XOF18,563 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2025 was XOF174,204 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Nestle Cote d'Ivoire's Operating Income for the six months ended in Jun. 2025 was XOF18,563 Mil. Nestle Cote d'Ivoire's Revenue for the six months ended in Jun. 2025 was XOF116,437 Mil. Therefore, Nestle Cote d'Ivoire's Operating Margin % for the quarter that ended in Jun. 2025 was 15.94%.

Good Sign:

Nestle Cote d'Ivoire SA operating margin is expanding. Margin expansion is usually a good sign.

Nestle Cote d'Ivoire'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. Nestle Cote d'Ivoire's annualized ROC % for the quarter that ended in Jun. 2025 was 13.53%. Nestle Cote d'Ivoire's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was 21.52%.


Nestle Cote d'Ivoire  (XBRV:NTLC) Operating Income Explanation

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

Nestle Cote d'Ivoire's annualized ROC % for the quarter that ended in Jun. 2025 is calculated as:

ROC % (Q: Jun. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Jun. 2025 ))/ count )
=37126.062 * ( 1 - 36.117% )/( (175229.126263 + 0)/ 1 )
=23717.24218746/175229.126263
=13.53 %

where

Invested Capital(Q: Dec. 2024 )
=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))
=177852.053839 - 0 - ( 2622.927576 - max(0, - 95921.158608+2622.927576))
=175229.126263

Note: The Operating Income data used here is two times the semi-annual (Jun. 2025) data.

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

Nestle Cote d'Ivoire's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Jun. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=37129.062/( ( (79238.890419 + max(93298.231032, 0)) + ( + max(0, 0)) )/ 1 )
=37129.062/( ( 172537.121451 + 0 )/ 1 )
=37129.062/172537.121451
=21.52 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(47076.294869 + 3488.526497 + 42733.409666) - (0 + 0 + )
=93298.231032

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + 0 + ) - (0 + 0 + )
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2025) EBIT data.

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

Nestle Cote d'Ivoire's Operating Margin % for the quarter that ended in Jun. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2025 )/Revenue (Q: Jun. 2025 )
=18563.031/116436.605
=15.94 %

* 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.


Nestle Cote d'Ivoire Operating Income Related Terms


Nestle Cote d'Ivoire Operating Income Historical Data

* Premium members only.

The historical data trend for Nestle Cote d'Ivoire'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.

Nestle Cote d'Ivoire Operating Income Chart

Nestle Cote d'Ivoire Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec21 Dec24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,543,540.80 8,522,488.82 3,915.21 18,003.88 23,396.40

Nestle Cote d'Ivoire Semi-Annual Data
Jun12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Jun17 Jun18 Jun19 Dec19 Jun20 Jun21 Dec21 Jun22 Jun23 Jun24 Dec24 Jun25
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 18,898.24 15,252.31 20,910.52 155,640.80 18,563.03
XBRV:NTLC
43GF Score
Nestle Cote d'Ivoire SA XBRV:NTLC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Nestle Cote d'Ivoire 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 Jun. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was XOF174,204 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 XOF174,204 Mil mean?
Nestle Cote d'Ivoire (XBRV:NTLC) has a Operating Income of XOF174,204 Mil as of Jun. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Nestle Cote d'Ivoire and its competitors.
Is Nestle Cote d'Ivoire's Operating Income too high?
Nestle Cote d'Ivoire's current Operating Income is XOF174,204 Mil. Overall, Nestle Cote d'Ivoire has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Nestle Cote d'Ivoire's Operating Income compare to competitors?
Nestle Cote d'Ivoire's Operating Income of XOF174,204 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods 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 Nestle Cote d'Ivoire and its competitors. Nestle Cote d'Ivoire's current Operating Income is XOF174,204 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nestle Cote d'Ivoire stock overvalued right now?
Nestle Cote d'Ivoire (XBRV:NTLC) has a current Operating Income of XOF174,204 Mil. The current Operating Income is XOF174,204 Mil. Nestle Cote d'Ivoire's overall GF Score™ is 43/100 with 2 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 Nestle Cote d'Ivoire (XBRV:NTLC), the current Operating Income is XOF174,204 Mil as of Jun. 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.

Nestle Cote d'Ivoire Business Description

Address Rue R4, PO Box 1840, Yopougon Zone Industrielle, Abidjan, CIV, 01
Nestle Cote d'Ivoire SA is a food and beverage company. It provides Baby foods, Cereals, Chocolate And Confectionery, Coffee, Culinary, Dairy, and Other products under several brand names such as Golden Morn, Nido, Milo, and Nescafe.
43GF Score

Get the complete analysis for XBRV:NTLC

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

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