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Finnair stock: key metrics
FIA1S.HEFinnair had an operating margin of −0.8% and a return on invested capital (ROIC) of −1.3% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 58.0% | −0.5% | −0.7% |
| 2007 | 59.0% | 6.5% | 4.7% |
| 2008 | 53.5% | −2.3% | −1.8% |
| 2009 | 50.1% | −6.7% | −5.5% |
| 2010 | 53.9% | −0.7% | −1.1% |
| 2011 | 51.8% | −3.9% | −3.9% |
| 2012 | 12.2% | 1.4% | 0.5% |
| 2013 | 14.4% | −0.4% | 0.4% |
| 2014 | 13.0% | −3.2% | −3.6% |
| 2015 | 16.2% | 5.2% | 3.8% |
| 2016 | 17.5% | 5.0% | 3.7% |
| 2017 | 21.7% | 8.8% | 6.6% |
| 2018 | 18.3% | 7.3% | 5.3% |
| 2019 | 13.3% | 5.2% | 2.4% |
| 2020 | −57.2% | −56.0% | −63.1% |
| 2021 | −42.3% | −54.2% | −55.4% |
| 2022 | −1.2% | −11.3% | −20.2% |
| 2023 | 12.1% | 6.4% | 8.5% |
| 2024 | 10.9% | 3.7% | 1.2% |
| 2025 | 5.9% | −0.8% | 0.6% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | −2.3% | −1.3% | −0.8% |
| 2007 | 10.3% | 14.8% | 4.7% |
| 2008 | −5.4% | −5.7% | −2.0% |
| 2009 | −12.0% | −11.0% | −4.2% |
| 2010 | −2.7% | −1.0% | −0.9% |
| 2011 | −11.6% | −6.3% | −3.7% |
| 2012 | 1.5% | 2.5% | 0.5% |
| 2013 | 1.6% | −1.0% | 0.5% |
| 2014 | −16.1% | −8.4% | −4.4% |
| 2015 | 12.3% | 21.9% | 4.4% |
| 2016 | 9.9% | 16.4% | 3.4% |
| 2017 | 16.7% | 23.6% | 5.9% |
| 2018 | 14.7% | 24.2% | 5.1% |
| 2019 | 7.7% | 11.6% | 1.9% |
| 2020 | −58.4% | −19.1% | −14.4% |
| 2021 | −97.6% | −16.8% | −11.5% |
| 2022 | −100.0% | −11.9% | −11.5% |
| 2023 | 44.1% | 12.0% | 6.9% |
| 2024 | 5.9% | 5.6% | 1.0% |
| 2025 | 2.9% | −1.3% | 0.5% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 3 Jul 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.