Air France-KLMCHIX:AFP 70 Debt-to-Equity is 14.72 as of Mar. 2026. GuruFocus rates CHIX:AFP with a GF Score™ of 70/100 and a GF Value™ of €11.05 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 908 Transportation companies, Air France-KLM ranks worse than 99.23% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Air France-KLM's Debt-to-Equity or its related term are showing as below:
CHIX:AFp'
s Debt-to-Equity Range Over the Past 10 Years
Min: -31.14 Med: -3.65 Max: 174.91
Current: 14.72
During the past 13 years, the highest Debt-to-Equity Ratio of Air France-KLM was 174.91. The lowest was -31.14. And the median was -3.65.
CHIX:AFp's Debt-to-Equity is ranked worse than 99.23% of 908
companies
in the Transportation industry
Industry Median: 0.525
vs CHIX:AFp: 14.72
Air France-KLM (CHIX:AFp) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Air France-KLM Debt-to-Equity Related Terms
Air France-KLM Debt-to-Equity Historical Data
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The historical data trend for Air France-KLM's Debt-to-Equity 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.
CHIX:AFP vs DAL, UAL, LUV: Debt-to-Equity Comparison
For the Airlines subindustry, Air France-KLM's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Air France-KLM Debt-to-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Air France-KLM's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Air France-KLM's Debt-to-Equity falls into.
* 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.
Air France-KLM (CHIX:AFP) has a Debt-to-Equity of 14.72 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Air France-KLM and its competitors. According to the industry distribution chart, Air France-KLM ranks #901 out of 908 companies in the Transportation industry, placing it in the top 99.2%.
Is Air France-KLM's Debt-to-Equity too high?
Air France-KLM's current Debt-to-Equity is 14.72. The Transportation industry median Debt-to-Equity is 0.53. Air France-KLM's value of 14.72 is 2703.8% above this industry median. Based on the distribution chart, Air France-KLM ranks #901 out of 908 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Air France-KLM has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air France-KLM's Debt-to-Equity compare to DAL and UAL?
According to the Transportation industry distribution chart, Air France-KLM ranks #901 out of 908 companies for Debt-to-Equity. This places Air France-KLM in the lower half of its industry. The industry median Debt-to-Equity is 0.53. Air France-KLM's value of 14.72 is 2703.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 908 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air France-KLM's current Debt-to-Equity of 14.72 is 2703.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Air France-KLM and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air France-KLM's current Debt-to-Equity is 14.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air France-KLM stock overvalued right now?
Based on GuruFocus' analysis, Air France-KLM (CHIX:AFP) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.05, compared to a current price of €12.32 — trading 11.5% above its estimated fair value. The current Debt-to-Equity is 14.72 and 2703.8% above the Transportation industry median of 0.53. Air France-KLM's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Air France-KLM (CHIX:AFP), the current Debt-to-Equity is 14.72 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 Air France-KLM (CHIX:AFP) Overvalued in 2026?
Based on GuruFocus' analysis, Air France-KLM stock appears to be overvalued.
The current stock price of €12.32 is trading 11.5% above its estimated GF Value™ of €11.05.
GuruFocus considers Air France-KLM to be Modestly Overvalued.
Key valuation signals for CHIX:AFP:
Debt-to-Equity: 14.72
GF Value™: €11.05 vs. price of €12.32 (11.5% above fair value)
Industry Position: 2703.8% above the Transportation median (#901 of 908)
No single metric tells the full story. See the CHIX:AFP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air France-KLM is a European airline group engaged in businesses that include passenger and cargo transportation, low-cost operations, and aircraft maintenance. The group has four segments: network, maintenance, Transavia, and other. The network segment derives key revenue for the passenger and cargo network, mainly coming from passenger transportation services on scheduled flights with the group's airline code. The company's geographic markets include France, Benelux, Europe, and the rest of the world, with the majority of revenue coming from France, including its overseas division.
70GF Score
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