International Consolidated Airlines Group (XMAD:IAG) EV-to-EBITDA: 11.14 (As of Sep. 16, 2026) — 157% Above Median

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XMAD:IAG International Consolidated Airlines Group SA XMAD:IAG
83 GF Score
Price €4.77
GF Value €3.64
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is International Consolidated Airlines Group EV-to-EBITDA?

International Consolidated Airlines Group XMAD:IAG -0.27% 83 EV-to-EBITDA is 11.14 as of Sep. 16, 2026, which is 157% above its 10-year median of 4.34. GuruFocus rates XMAD:IAG with a GF Score™ of 83/100 and a GF Value™ of €3.64 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 926 Transportation companies, International Consolidated Airlines Group ranks better than 75.38% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, International Consolidated Airlines Group's enterprise value is €25,522 Mil. International Consolidated Airlines Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €2,292 Mil. Therefore, International Consolidated Airlines Group's EV-to-EBITDA for today is 11.14.

The historical rank and industry rank for International Consolidated Airlines Group's EV-to-EBITDA or its related term are showing as below:

XMAD:IAG' s EV-to-EBITDA Range Over the Past 10 Years
Min: -15.63   Med: 4.34   Max: 14.79
Current: 5.08

During the past 13 years, the highest EV-to-EBITDA of International Consolidated Airlines Group was 14.79. The lowest was -15.63. And the median was 4.34.

XMAD:IAG's EV-to-EBITDA is ranked better than
75.38% of 926 companies
in the Transportation industry
Industry Median: 7.975 vs XMAD:IAG: 5.08

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-16), International Consolidated Airlines Group's stock price is €4.771. International Consolidated Airlines Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.643. Therefore, International Consolidated Airlines Group's PE Ratio (TTM) for today is 7.42.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


International Consolidated Airlines Group  (XMAD:IAG) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

International Consolidated Airlines Group's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4.771/0.643
=7.42

International Consolidated Airlines Group's share price for today is €4.771.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. International Consolidated Airlines Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.643.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


International Consolidated Airlines Group EV-to-EBITDA Related Terms


International Consolidated Airlines Group EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for International Consolidated Airlines Group's EV-to-EBITDA 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 EV-to-EBITDA Chart

International Consolidated Airlines Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.34 5.06 3.01 3.92 3.75

International Consolidated Airlines Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EV-to-EBITDA 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 2.63 3.92 3.41 3.72 4.05

XMAD:IAG vs DAL, UAL, LUV: EV-to-EBITDA Comparison

For the Airlines subindustry, International Consolidated Airlines Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Transportation Industry

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

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


XMAD:IAG
83GF Score
International Consolidated Airlines Group SA XMAD:IAG
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Consolidated Airlines Group EV-to-EBITDA Calculation

International Consolidated Airlines Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=25522.424/2292
=11.14

International Consolidated Airlines Group's current Enterprise Value is €25,522 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. International Consolidated Airlines Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €2,292 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 EV-to-EBITDA →
What does a EV-to-EBITDA of 11.14 mean?
International Consolidated Airlines Group (XMAD:IAG) has a EV-to-EBITDA of 11.14 as of Sep. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on International Consolidated Airlines Group. This is 157% above median its historical median of 4.34. According to the industry distribution chart, International Consolidated Airlines Group ranks #228 out of 926 companies in the Transportation industry, placing it in the top 24.6%.
Is International Consolidated Airlines Group's EV-to-EBITDA too high?
International Consolidated Airlines Group's current EV-to-EBITDA of 11.14 is 157% above median its 10-year median of 4.34. The Transportation industry median EV-to-EBITDA is 7.98. International Consolidated Airlines Group's value of 11.14 is 39.7% above this industry median. Based on the distribution chart, International Consolidated Airlines Group ranks #228 out of 926 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, International Consolidated Airlines Group has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Consolidated Airlines Group's EV-to-EBITDA compare to DAL and UAL?
According to the Transportation industry distribution chart, International Consolidated Airlines Group ranks #228 out of 926 companies for EV-to-EBITDA. This places International Consolidated Airlines Group in the top 25% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 7.98. International Consolidated Airlines Group's value of 11.14 is 39.7% above this benchmark. While the company's 10-year median is 4.34 vs. the industry median of 7.98, International Consolidated Airlines Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Transportation company?
The median EV-to-EBITDA among Transportation companies is 7.98, based on 926 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. International Consolidated Airlines Group's current EV-to-EBITDA of 11.14 is 39.7% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on International Consolidated Airlines Group. For the Transportation industry, the median EV-to-EBITDA is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Consolidated Airlines Group's current EV-to-EBITDA is 11.14, which is 157% above median its own 10-year median of 4.34. 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 (XMAD:IAG) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.64, compared to a current price of €4.77 — trading 31.1% above its estimated fair value. The current EV-to-EBITDA is 11.14, which is 157% above median its 10-year median of 4.34 and 39.7% above the Transportation industry median of 7.98. International Consolidated Airlines Group's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For International Consolidated Airlines Group (XMAD:IAG), the current EV-to-EBITDA is 11.14 as of Sep. 16, 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 International Consolidated Airlines Group (XMAD:IAG) Overvalued in 2026?

Based on GuruFocus' analysis, International Consolidated Airlines Group stock appears to be overvalued. The current stock price of €4.77 is trading 31.1% above its estimated GF Value™ of €3.64. GuruFocus considers International Consolidated Airlines Group to be Significantly Overvalued.

Key valuation signals for XMAD:IAG:

  • EV-to-EBITDA: 11.14 (157% above median its 10-year median of 4.34)
  • GF Value™: €3.64 vs. price of €4.77 (31.1% above fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 39.7% above the Transportation median (#228 of 926)

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


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.
83GF Score

Get the complete analysis for XMAD:IAG

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

€4.77
Price
€3.64
GF Value