International Consolidated Airlines Group (XMAD:IAG) EV-to-EBITDA: 5.74 (As of Jul. 31, 2026) — 32% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XMAD:IAG International Consolidated Airlines Group SA XMAD:IAG
65 GF Score
Price €5.13
! 5 Warning Signs
View Full Analysis

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

International Consolidated Airlines Group XMAD:IAG +1.50% 65 EV-to-EBITDA is 5.74 as of Jul. 31, 2026, which is 32% above its 10-year median of 4.34. GuruFocus rates XMAD:IAG with a GF Score™ of 65/100. The stock has 5 warning signs investors should review. Among 902 Transportation companies, International Consolidated Airlines Group ranks better than 75.61% 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 €28,498 Mil. International Consolidated Airlines Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €4,963 Mil. Therefore, International Consolidated Airlines Group's EV-to-EBITDA for today is 5.74.

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: 5.18

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
75.61% of 902 companies
in the Transportation industry
Industry Median: 8.64 vs XMAD:IAG: 5.18

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 (2026-07-31), International Consolidated Airlines Group's stock price is €5.13. International Consolidated Airlines Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.669. Therefore, International Consolidated Airlines Group's PE Ratio (TTM) for today is 7.67.

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)
=5.13/0.669
=7.67

International Consolidated Airlines Group's share price for today is €5.13.
International Consolidated Airlines Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.669.

* 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 -24.33 4.99 2.92 3.70 3.47

International Consolidated Airlines Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 4.77 4.11 3.47 3.35 0.00

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
65GF 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)
=28498.284/4963
=5.74

International Consolidated Airlines Group's current Enterprise Value is €28,498 Mil.
International Consolidated Airlines Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,963 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 5.74 mean?
International Consolidated Airlines Group (XMAD:IAG) has a EV-to-EBITDA of 5.74 as of Jul. 31, 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 32% above median its historical median of 4.34. According to the industry distribution chart, International Consolidated Airlines Group ranks #220 out of 902 companies in the Transportation industry, placing it in the top 24.4%.
Is International Consolidated Airlines Group's EV-to-EBITDA too high?
International Consolidated Airlines Group's current EV-to-EBITDA of 5.74 is 32% above median its 10-year median of 4.34. The Transportation industry median EV-to-EBITDA is 8.64. International Consolidated Airlines Group's value of 5.74 is 33.6% below this industry median. Based on the distribution chart, International Consolidated Airlines Group ranks #220 out of 902 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 65/100, 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 #220 out of 902 companies for EV-to-EBITDA. This places International Consolidated Airlines Group in the top 24% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 8.64. International Consolidated Airlines Group's value of 5.74 is 33.6% below this benchmark. While the company's 10-year median is 4.34 vs. the industry median of 8.64, International Consolidated Airlines Group has consistently been below 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 8.64, based on 902 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 5.74 is 33.6% below 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 8.64 — 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 5.74, which is 32% 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?
International Consolidated Airlines Group (XMAD:IAG) has a current EV-to-EBITDA of 5.74. The current EV-to-EBITDA is 5.74, which is 32% above median its 10-year median of 4.34 and 33.6% below the Transportation industry median of 8.64. International Consolidated Airlines Group's overall GF Score™ is 65/100 with 5 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 5.74 as of Jul. 31, 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.
65GF 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.

€5.13
Price