Lanxess AG (XSWX:LXS) Operating Income: CHF-45 Mil (TTM As of Mar. 2026)


XSWX:LXS Lanxess AG XSWX:LXS
62 GF Score
Price CHF14.36
GF Value CHF20.13
! 3 Warning Signs
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What is Lanxess AG Operating Income?

Lanxess AG XSWX:LXS 62 Operating Income is CHF-45 Mil as of Mar. 2026. GuruFocus rates XSWX:LXS with a GF Score™ of 62/100 and a GF Value™ of CHF20.13. The stock has 3 warning signs investors should review.

Lanxess AG's Operating Income for the three months ended in Mar. 2026 was CHF-36 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was CHF-45 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Lanxess AG's Operating Income for the three months ended in Mar. 2026 was CHF-36 Mil. Lanxess AG's Revenue for the three months ended in Mar. 2026 was CHF1,254 Mil. Therefore, Lanxess AG's Operating Margin % for the quarter that ended in Mar. 2026 was -2.90%.

Lanxess AG'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. Lanxess AG's annualized ROC % for the quarter that ended in Mar. 2026 was -2.39%. Lanxess AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -17.55%.


Lanxess AG  (XSWX:LXS) Operating Income Explanation

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

Lanxess AG'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 )
=-145.628 * ( 1 - 0% )/( (6186.706 + 5983.48)/ 2 )
=-145.628/6085.093
=-2.39 %

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))
=7229.955 - 579.479 - ( 463.77 - max(0, 1455.696 - 2431.758+463.77))
=6186.706

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))
=7053.844 - 552.475 - ( 517.889 - max(0, 1448.996 - 2435.624+517.889))
=5983.48

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

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

Lanxess AG'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 )
=-455.088/( ( (1950.259 + max(877.149, 0)) + (1891.34 + max(468.739, 0)) )/ 2 )
=-455.088/( ( 2827.408 + 2360.079 )/ 2 )
=-455.088/2593.7435
=-17.55 %

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)
=(485.232 + 1139.362 + 182.894) - (579.479 + 0 + 350.86)
=877.149

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(567.038 + 1167.752 + 182.945) - (552.475 + 0 + 896.521)
=468.739

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 %:

Lanxess AG'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 )
=-36.407/1254.219
=-2.90 %

* 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.


Lanxess AG Operating Income Related Terms


Lanxess AG Operating Income Historical Data

* Premium members only.

The historical data trend for Lanxess 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.

Lanxess AG Operating Income Chart

Lanxess AG 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 377.77 420.40 -47.15 46.68 -29.86

Lanxess AG 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 -21.97 -27.20 -26.16 44.79 -36.41
XSWX:LXS
62GF Score
Lanxess AG XSWX:LXS
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Lanxess AG 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 CHF-45 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 CHF-45 Mil mean?
Lanxess AG (XSWX:LXS) has a Operating Income of CHF-45 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Lanxess AG and its competitors.
Is Lanxess AG's Operating Income too high?
Lanxess AG's current Operating Income is CHF-45 Mil. Overall, Lanxess AG has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Lanxess AG's Operating Income compare to LIN and SHW?
Lanxess AG's Operating Income of CHF-45 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Operating Income depends on the Chemicals 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 Lanxess AG and its competitors. Lanxess AG's current Operating Income is CHF-45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lanxess AG stock overvalued right now?
Lanxess AG (XSWX:LXS) has a current Operating Income of CHF-45 Mil. The stock's GF Value™ is CHF20.13, compared to a current price of CHF14.36 — trading 28.7% below its estimated fair value. The current Operating Income is CHF-45 Mil. Lanxess AG's overall GF Score™ is 62/100 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 Lanxess AG (XSWX:LXS), the current Operating Income is CHF-45 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.

Is Lanxess AG (XSWX:LXS) Overvalued in 2026?

Based on GuruFocus' analysis, Lanxess AG stock appears to be undervalued. The current stock price of CHF14.36 is trading 28.7% below its estimated GF Value™ of CHF20.13.

Key valuation signals for XSWX:LXS:

  • Operating Income: CHF-45 Mil
  • GF Value™: CHF20.13 vs. price of CHF14.36 (28.7% below fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the XSWX:LXS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lanxess AG Business Description

Address Kennedyplatz 1, Cologne, DEU, 50569
Lanxess AG is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio by divesting its synthetic rubber business. It has business segments, namely: specialty chemicals company in the fields of consumer protection chemicals, specialty additives, advanced intermediates, and all other segments. Geographically, it operates in EMEA (excluding Germany), Germany, the Americas, and Asia-Pacific.
62GF Score

Get the complete analysis for XSWX:LXS

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

CHF14.36
Price
CHF20.13
GF Value