Empresas CMPC (XSGO:CMPC) Operating Income: CLP461,508 Mil (TTM As of Mar. 2026)

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XSGO:CMPC Empresas CMPC SA XSGO:CMPC
48 GF Score
Price CLP1,070.00
! 6 Warning Signs
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What is Empresas CMPC Operating Income?

Empresas CMPC XSGO:CMPC 48 Operating Income is CLP461,508 Mil as of Mar. 2026. GuruFocus rates XSGO:CMPC with a GF Score™ of 48/100. The stock has 6 warning signs investors should review.

Empresas CMPC's Operating Income for the three months ended in Mar. 2026 was CLP77,124 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was CLP461,508 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Empresas CMPC's Operating Income for the three months ended in Mar. 2026 was CLP77,124 Mil. Empresas CMPC's Revenue for the three months ended in Mar. 2026 was CLP1,658,418 Mil. Therefore, Empresas CMPC's Operating Margin % for the quarter that ended in Mar. 2026 was 4.65%.

Empresas CMPC's 5-Year average Growth Rate for Operating Margin % was -0.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Empresas CMPC's annualized ROC % for the quarter that ended in Mar. 2026 was 1.83%. Empresas CMPC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.14%.


Empresas CMPC  (XSGO:CMPC) Operating Income Explanation

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

Empresas CMPC'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 )
=308496.788 * ( 1 - 0% )/( (16839225.567 + 16946166.768)/ 2 )
=308496.788/16892696.1675
=1.83 %

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))
=18807525.752 - 1145310.119 - ( 822990.066 - max(0, 1909617.607 - 3989882.447+822990.066))
=16839225.567

Invested Capital(Q: Mar. 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))
=18887918.134 - 1161966.107 - ( 779785.259 - max(0, 1921653.638 - 3955458.054+779785.259))
=16946166.768

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

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

Empresas CMPC'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 )
=381063.648/( ( (10363064.633 + max(1749104.198, 0)) + (10372101.408 + max(1755723.936, 0)) )/ 2 )
=381063.648/( ( 12112168.831 + 12127825.344 )/ 2 )
=381063.648/12119997.0875
=3.14 %

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)
=(971369.943 + 1676504.979 + 469424.978) - (1145310.119 + 0 + 222885.583)
=1749104.198

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(979951.104 + 1691272.289 + 445366.519) - (1161966.107 + 0 + 198899.869)
=1755723.936

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 %:

Empresas CMPC'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 )
=77124.197/1658418.04
=4.65 %

* 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.


Empresas CMPC Operating Income Related Terms


Empresas CMPC Operating Income Historical Data

* Premium members only.

The historical data trend for Empresas CMPC'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.

Empresas CMPC Operating Income Chart

Empresas CMPC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 883,216.78 1,289,975.66 611,521.08 908,723.84 449,713.93

Empresas CMPC 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 81,946.94 147,779.42 86,586.67 150,017.67 77,124.20
XSGO:CMPC
48GF Score
Empresas CMPC SA XSGO:CMPC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Empresas CMPC 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 CLP461,508 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 CLP461,508 Mil mean?
Empresas CMPC (XSGO:CMPC) has a Operating Income of CLP461,508 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Empresas CMPC and its competitors.
Is Empresas CMPC's Operating Income too high?
Empresas CMPC's current Operating Income is CLP461,508 Mil. Overall, Empresas CMPC has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Empresas CMPC's Operating Income compare to SLVM?
Empresas CMPC's Operating Income of CLP461,508 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Operating Income depends on the Forest Products 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 Empresas CMPC and its competitors. Empresas CMPC's current Operating Income is CLP461,508 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresas CMPC stock overvalued right now?
Empresas CMPC (XSGO:CMPC) has a current Operating Income of CLP461,508 Mil. The current Operating Income is CLP461,508 Mil. Empresas CMPC's overall GF Score™ is 48/100 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 Empresas CMPC (XSGO:CMPC), the current Operating Income is CLP461,508 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.

Empresas CMPC Business Description

Address Agustinas 1343, Santiago, CHL
Empresas CMPC SA produces and sells pulp, paper, packaging, tissue paper, and other paper products. The firm organizes itself into three segments based on product type. The pulp forestry segment, which generates the majority of revenue, harvests timber and sells pulp, which is used to make paper products. The paper segment sells a variety of paper products. The tissue segment sells tissue papers. The majority of revenue comes from Latin America. The majority of the company's shares outstanding are owned by Matte Group.
48GF Score

Get the complete analysis for XSGO:CMPC

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

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