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BKW AG's Operating Income for the
six
months ended in Dec. 2025 was CHF233 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was CHF519 Mil.
Operating Margin % is calculated as Operating Income divided by its Revenue. BKW AG's Operating Income for the
six
months ended in Dec. 2025 was CHF233 Mil. BKW AG's Revenue for the
six
months ended in Dec. 2025 was CHF2,111 Mil. Therefore, BKW AG's Operating Margin % for the quarter that ended in Dec. 2025 was 11.03%.
Good Sign:
BKW AG operating margin is expanding. Margin expansion is usually a good sign.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
BKW AG's annualizedROC % for the quarter that ended in Dec. 2025 was 3.47%.
BKW AG's annualizedROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 13.21%.
BKW AG (XSWX:BKW) Operating Income Explanation
1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
BKW AG'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.
BKW AG Operating Income Related Terms
BKW AG Operating Income Historical Data
* Premium members only.
The historical data trend for BKW AG'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 CHF519 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.
BKW AG (XSWX:BKW) has a Operating Income of CHF519 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on BKW AG and its competitors.
Is BKW AG's Operating Income too high?
BKW AG's current Operating Income is CHF519 Mil. Overall, BKW AG has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BKW AG's Operating Income compare to competitors?
BKW AG's Operating Income of CHF519 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Operating Income depends on the Utilities - Independent Power Producers 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 BKW AG and its competitors. BKW AG's current Operating Income is CHF519 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BKW AG stock overvalued right now?
Based on GuruFocus' analysis, BKW AG (XSWX:BKW) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF149.01, compared to a current price of CHF133.70 — trading 10.3% below its estimated fair value. The current Operating Income is CHF519 Mil. BKW AG's overall GF Score™ is 72/100 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 BKW AG (XSWX:BKW), the current Operating Income is CHF519 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 BKW AG (XSWX:BKW) Overvalued in 2026?
Based on GuruFocus' analysis, BKW AG stock appears to be undervalued.
The current stock price of CHF133.70 is trading 10.3% below its estimated GF Value™ of CHF149.01.
GuruFocus considers BKW AG to be Modestly Undervalued.
Key valuation signals for XSWX:BKW:
Operating Income: CHF519 Mil
GF Value™: CHF149.01 vs. price of CHF133.70 (10.3% below fair value)
No single metric tells the full story. See the XSWX:BKW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BKW AG is an international energy and infrastructure company, offering integrated solutions in the fields of energy, buildings, and infrastructure. It operates in three reportable business segments: Energy Solutions, Power Grid, and Infrastructure and Buildings. Maximum revenue is generated from the Energy Solutions segment, which builds, operates, and maintains BKW's portfolio of power plants in Switzerland and abroad. It also includes the sale of energy in Switzerland, trading in electricity, certificates, and raw materials, as well as wind, solar, and smart energy services. Geographically, the group generates maximum revenue from its business in Switzerland, followed by Germany, Italy, France, and other countries.
72GF Score
Get the complete analysis for XSWX:BKW
Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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