International Consolidated Airlines Group (MIL:1IAG) EBIT: €5,467 Mil (TTM As of Mar. 2026)


MIL:1IAG International Consolidated Airlines Group SA MIL:1IAG
34 GF Score
Price €5.42
Valuation Significantly Overvalued
! 6 Warning Signs
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What is International Consolidated Airlines Group EBIT?

International Consolidated Airlines Group MIL:1IAG 34 EBIT is €5,467 Mil as of Mar. 2026. GuruFocus rates MIL:1IAG with a GF Score™ of 34/100 (Significantly Overvalued). The stock has 6 warning signs investors should review.

International Consolidated Airlines Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €602 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €5,467 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. International Consolidated Airlines Group's annualized ROC % for the quarter that ended in Mar. 2026 was 2.34%. International Consolidated Airlines Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. International Consolidated Airlines Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.79%.

International Consolidated Airlines Group  (MIL:1IAG) EBIT Explanation

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

International Consolidated Airlines Group'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 )
=1432 * ( 1 - 28.67% )/( (43644 + 0)/ 1 )
=1021.4456/43644
=2.34 %

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))
=42849 - 4747 - ( 8290 - max(0, 18548 - 13006+8290))
=43644

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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

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

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

International Consolidated Airlines Group'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 )
=2408/( ( (21445 + max(-11842, 0)) + (0 + max(0, 0)) )/ 1 )
=2408/( ( 21445 + 0 )/ 1 )
=2408/21445
=11.23 %

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)
=(1344 + 699 + 1617) - (4747 + 0 + 10755)
=-11842

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

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. It is also linked to Joel Greenblatt's definition of Earnings Yield:

International Consolidated Airlines Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=5467/30733.368
=17.79 %

* 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.

International Consolidated Airlines Group EBIT Related Terms

International Consolidated Airlines Group EBIT Historical Data

* Premium members only.

The historical data trend for International Consolidated Airlines Group's EBIT 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.

International Consolidated Airlines Group EBIT Chart

International Consolidated Airlines Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,739.00 1,394.00 4,151.00 4,465.00 5,323.00

International Consolidated Airlines Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 458.00 1,719.00 2,069.00 1,077.00 602.00

MIL:1IAG vs DAL, UAL, LUV: EBIT Comparison

For the Airlines subindustry, International Consolidated Airlines Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.

International Consolidated Airlines Group EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, International Consolidated Airlines Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where International Consolidated Airlines Group's EV-to-EBIT falls into.


MIL:1IAG
34GF Score
International Consolidated Airlines Group SA MIL:1IAG
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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International Consolidated Airlines Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT 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 €5,467 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 EBIT →
What does a EBIT of €5,467 Mil mean?
International Consolidated Airlines Group (MIL:1IAG) has a EBIT of €5,467 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on International Consolidated Airlines Group.
Is International Consolidated Airlines Group's EBIT too high?
International Consolidated Airlines Group's current EBIT is €5,467 Mil. Overall, International Consolidated Airlines Group has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Consolidated Airlines Group's EBIT compare to DAL and UAL?
International Consolidated Airlines Group's EBIT of €5,467 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Transportation company?
A good EBIT depends on the Transportation industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on International Consolidated Airlines Group. International Consolidated Airlines Group's current EBIT is €5,467 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Consolidated Airlines Group stock overvalued right now?
Based on GuruFocus' analysis, International Consolidated Airlines Group (MIL:1IAG) is currently considered Significantly Overvalued. The current EBIT is €5,467 Mil. International Consolidated Airlines Group's overall GF Score™ is 34/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For International Consolidated Airlines Group (MIL:1IAG), the current EBIT is €5,467 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.

International Consolidated Airlines Group Business Description

Address Speedbird Way, Waterside (HAA2), PO Box 365, Harmondsworth, GBR, UB7 0GB
International Airlines Group is a European airline group flying under the British Airways, Iberia, Aer Lingus, and Vueling brands. The group's main airport hubs are London Heathrow, London Gatwick, Madrid, Barcelona, and Dublin. Geographically, it derives a majority of its revenue from the United Kingdom.
34GF Score

Get the complete analysis for MIL:1IAG

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

€5.42
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