Pluxee NV (XPAR:PLX) Operating Income: €371 Mil (TTM As of Feb. 2026)


XPAR:PLX Pluxee NV XPAR:PLX
21 GF Score
Price €12.31
! 3 Warning Signs
View Full Analysis

What is Pluxee NV Operating Income?

Pluxee NV XPAR:PLX -2.22% 21 Operating Income is €371 Mil as of Feb. 2026. GuruFocus rates XPAR:PLX with a GF Score™ of 21/100. The stock has 3 warning signs investors should review.

Pluxee NV's Operating Income for the six months ended in Feb. 2026 was €180 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was €371 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Pluxee NV's Operating Income for the six months ended in Feb. 2026 was €180 Mil. Pluxee NV's Revenue for the six months ended in Feb. 2026 was €654 Mil. Therefore, Pluxee NV's Operating Margin % for the quarter that ended in Feb. 2026 was 27.52%.

Pluxee NV'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. Pluxee NV's annualized ROC % for the quarter that ended in Feb. 2026 was 12.64%. Pluxee NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 563.50%.

Pluxee NV  (XPAR:PLX) Operating Income Explanation

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

Pluxee NV'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: Aug. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=360 * ( 1 - 31.36% )/( (1939 + 1970)/ 2 )
=247.104/1954.5
=12.64 %

where

Invested Capital(Q: Aug. 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))
=6399 - 4241 - ( 2452 - max(0, 4602 - 4821+2452))
=1939

Invested Capital(Q: Feb. 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))
=6471 - 4310 - ( 2560 - max(0, 4659 - 4850+2560))
=1970

Note: The Operating Income data used here is two times the semi-annual (Feb. 2026) data.

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

Pluxee NV'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: Aug. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=386/( ( (70 + max(-2191, 0)) + (67 + max(-2439, 0)) )/ 2 )
=386/( ( 70 + 67 )/ 2 )
=386/68.5
=563.50 %

where Working Capital is:

Working Capital(Q: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1294 + 16 + 971) - (4241 + 0 + 231)
=-2191

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1303 + 19 + 865) - (4310 + 0 + 316)
=-2439

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Feb. 2026) EBIT data.

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

Pluxee NV'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 )
=180/654
=27.52 %

* 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.

Pluxee NV Operating Income Related Terms

Pluxee NV Operating Income Historical Data

* Premium members only.

The historical data trend for Pluxee NV'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.

Pluxee NV Operating Income Chart

Pluxee NV Annual Data
Trend Aug21 Aug22 Aug23 Aug24 Aug25
Operating Income
172.00 212.00 285.00 341.00 361.00

Pluxee NV Semi-Annual Data
Aug21 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Operating Income Get a 7-Day Free Trial Premium Member Only 161.00 180.00 170.00 191.00 180.00
XPAR:PLX
21GF Score
Pluxee NV XPAR:PLX
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pluxee NV 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 semi-annually data reported by the company within the most recent 12 months, which was €371 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 €371 Mil mean?
Pluxee NV (XPAR:PLX) has a Operating Income of €371 Mil as of Feb. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Pluxee NV and its competitors.
Is Pluxee NV's Operating Income too high?
Pluxee NV's current Operating Income is €371 Mil. Overall, Pluxee NV has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Pluxee NV's Operating Income compare to CTAS and CPRT?
Pluxee NV's Operating Income of €371 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Operating Income depends on the Business Services 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 Pluxee NV and its competitors. Pluxee NV's current Operating Income is €371 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pluxee NV stock overvalued right now?
Pluxee NV (XPAR:PLX) has a current Operating Income of €371 Mil. The current Operating Income is €371 Mil. Pluxee NV's overall GF Score™ is 21/100 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 Pluxee NV (XPAR:PLX), the current Operating Income is €371 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.

Pluxee NV Business Description

Address 16 rue du Passeur de Boulogne, Issy-les-Moulineaux, Paris, FRA, 92130
Pluxee NV is a company providing employee benefits and engagement. The company offers products and services focused on their real daily needs from meal orders to expense reports and well-being. The company's operating segments include: Continental Europe; Latin America; and Rest of the world. It derives maximum revenue from Continental Europe. Geographically, the company derives maximum revenue from Brazil.
21GF Score

Get the complete analysis for XPAR:PLX

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

€12.31
Price