JACK (Jack In The Box) Operating Income: $185 Mil (TTM As of Mar. 2026)


JACK Jack In The Box Inc JACK
65 GF Score
Price $13.35
GF Value $37.97
Valuation Possible Value Trap
! 5 Warning Signs
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What is Jack In The Box Operating Income?

Jack In The Box JACK +15.33% 65 Operating Income is $185 Mil as of Mar. 2026. GuruFocus rates JACK with a GF Score™ of 65/100 and a GF Value™ of $37.97 (Possible Value Trap). The stock has 5 warning signs investors should review.

Jack In The Box's Operating Income for the six months ended in Mar. 2026 was $93 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $185 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Jack In The Box's Operating Income for the six months ended in Mar. 2026 was $93 Mil. Jack In The Box's Revenue for the six months ended in Mar. 2026 was $604 Mil. Therefore, Jack In The Box's Operating Margin % for the quarter that ended in Mar. 2026 was 15.39%.

Warning Sign:

Jack In The Box Inc operating margin has been in a 5-year decline. The average rate of decline per year is -8.3%.

Jack In The Box's 5-Year average Growth Rate for Operating Margin % was -8.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jack In The Box's annualized ROC % for the quarter that ended in Mar. 2026 was 5.73%. Jack In The Box's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.22%.


Jack In The Box  (NAS:JACK) Operating Income Explanation

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

Jack In The Box'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=185.844 * ( 1 - 30.24% )/( (2568.565 + 1958.48)/ 2 )
=129.6447744/2263.5225
=5.73 %

where

Invested Capital(Q: Sep. 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))
=2593.421 - 235.107 - ( 51.531 - max(0, 430.623 - 220.372+51.531))
=2568.565

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))
=2005.374 - 169.006 - ( 43.035 - max(0, 348.736 - 226.624+43.035))
=1958.48

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

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

Jack In The Box'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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=160.36/( ( (1815.062 + max(-78.735, 0)) + (1324.602 + max(-31.859, 0)) )/ 2 )
=160.36/( ( 1815.062 + 1324.602 )/ 2 )
=160.36/1569.832
=10.22 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(84.602 + 3.958 + 74.572) - (235.107 + 6.76 + 0)
=-78.735

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(90.472 + 2.368 + 61.019) - (169.006 + 16.712 + 0)
=-31.859

When net working capital is negative, 0 is used.

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

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

Jack In The Box'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 )
=92.922/603.781
=15.39 %

* 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.


Jack In The Box Operating Income Related Terms


Jack In The Box Operating Income Historical Data

* Premium members only.

The historical data trend for Jack In The Box'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.

Jack In The Box Operating Income Chart

Jack In The Box Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 280.66 245.50 262.14 269.18 217.88

Jack In The Box Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 147.09 122.10 126.22 91.67 92.92
JACK
65GF Score
Jack In The Box Inc JACK
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Jack In The Box 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 semi-annually data reported by the company within the most recent 12 months, which was $185 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 $185 Mil mean?
Jack In The Box (JACK) has a Operating Income of $185 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Jack In The Box and its competitors.
Is Jack In The Box's Operating Income too high?
Jack In The Box's current Operating Income is $185 Mil. Overall, Jack In The Box has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jack In The Box's Operating Income compare to VENU and RICK?
Jack In The Box's Operating Income of $185 Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good Operating Income depends on the Restaurants 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 Jack In The Box and its competitors. Jack In The Box's current Operating Income is $185 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jack In The Box stock overvalued right now?
Based on GuruFocus' analysis, Jack In The Box (JACK) is currently considered Possible Value Trap. The stock's GF Value™ is $37.97, compared to a current price of $13.35 — trading 64.8% below its estimated fair value. The current Operating Income is $185 Mil. Jack In The Box's overall GF Score™ is 65/100 with 5 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 Jack In The Box (JACK), the current Operating Income is $185 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 Jack In The Box (JACK) Overvalued in 2026?

Based on GuruFocus' analysis, Jack In The Box stock appears to be undervalued. The current stock price of $13.35 is trading 64.8% below its estimated GF Value™ of $37.97. GuruFocus considers Jack In The Box to be Possible Value Trap.

Key valuation signals for JACK:

  • Operating Income: $185 Mil
  • GF Value™: $37.97 vs. price of $13.35 (64.8% below fair value)
  • GF Score™: 65/100 with 5 warning signs

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


Jack In The Box Business Description

Other Exchanges JACK:MexicoJBX:Germany
Address 9357 Spectrum Center Boulevard, San Diego, CA, USA, 92123
Jack In The Box Inc operates quick-service restaurants and fast-casual restaurants across various states in the United States of America. Its core business includes the Jack in the Box hamburger chain, known for a broad menu that features hamburgers, tacos, sandwiches, salads, and breakfast items. The company also operates the Del Taco brand, which offers a variety of both Mexican and American favorites such as burritos and fries. These foods are available with the option of customization as per customer requirements. The company also offers catering and delivery services to its customers. Jack in the Box and Del Taco restaurant brands are the two reportable operating segments, of which, Jack in the Box generates maximum revenue for the company.
65GF Score

Get the complete analysis for JACK

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

$13.35
Price
$37.97
GF Value