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International Consolidated Airlines Group stock: key metrics
IAG.MCInternational Consolidated Airlines Group had an operating margin of 14.7% and a return on invested capital (ROIC) of 26.2% 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 |
|---|---|---|---|
| 2005 | 8.7% | 8.7% | 5.5% |
| 2006 | 13.8% | 7.7% | 5.0% |
| 2007 | 20.5% | 56.3% | 8.2% |
| 2008 | 10.4% | −0.2% | −4.2% |
| 2010 | 0.0% | 5.3% | 2.5% |
| 2011 | 17.0% | 2.8% | 3.5% |
| 2012 | 10.7% | −3.4% | −4.0% |
| 2013 | 15.4% | 2.8% | 0.7% |
| 2014 | 18.8% | 5.1% | 4.9% |
| 2015 | 21.9% | 10.1% | 6.5% |
| 2016 | 22.8% | 11.0% | 8.6% |
| 2017 | 23.9% | 11.6% | 8.7% |
| 2018 | 24.6% | −15.2% | 11.9% |
| 2019 | 23.5% | 10.2% | 6.7% |
| 2020 | −70.9% | −95.5% | −88.8% |
| 2021 | −12.1% | −32.7% | −34.7% |
| 2022 | 17.8% | 5.5% | 1.9% |
| 2023 | 22.7% | 11.9% | 9.0% |
| 2024 | 23.6% | 13.3% | 8.5% |
| 2025 | 21.4% | 14.7% | 10.1% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2005 | 24.2% | 14.9% | 3.7% |
| 2006 | 19.2% | 13.9% | 3.7% |
| 2007 | 23.3% | 93.5% | 6.3% |
| 2008 | −22.8% | −0.3% | −3.6% |
| 2010 | 7.8% | 8.1% | 1.5% |
| 2011 | 10.4% | 7.4% | 2.8% |
| 2012 | −15.1% | −7.0% | −3.6% |
| 2013 | 3.1% | 5.5% | 0.6% |
| 2014 | 28.2% | 18.4% | 4.2% |
| 2015 | 28.6% | 28.3% | 5.3% |
| 2016 | 36.1% | 25.5% | 7.1% |
| 2017 | 28.1% | 27.1% | 7.3% |
| 2018 | 43.0% | −38.0% | 10.3% |
| 2019 | 25.1% | 17.5% | 4.8% |
| 2020 | −100.0% | −46.0% | −22.9% |
| 2021 | −100.0% | −18.5% | −8.5% |
| 2022 | 21.4% | 10.2% | 1.1% |
| 2023 | 81.1% | 24.4% | 7.0% |
| 2024 | 44.3% | 25.0% | 6.2% |
| 2025 | 43.2% | 26.2% | 7.6% |
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 Strong, published since 7 Nov 2026 (in the score history since 3 Nov 2026)
- Valuation signal Undervalued 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.