AGZNF (Aegean Airlines) Gross Margin %: 2.92% (As of Dec. 2025)


AGZNF Aegean Airlines SA AGZNF
73 GF Score
Price $14.20
GF Value $15.95
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Aegean Airlines Gross Margin %?

Aegean Airlines AGZNF 73 Gross Margin % is 2.92% as of Dec. 2025. GuruFocus rates AGZNF with a GF Score™ of 73/100 and a GF Value™ of $15.95 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 977 Transportation companies, Aegean Airlines ranks worse than 96.42% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Aegean Airlines's Gross Profit for the six months ended in Dec. 2025 was $33 Mil. Aegean Airlines's Revenue for the six months ended in Dec. 2025 was $1,130 Mil. Therefore, Aegean Airlines's Gross Margin % for the quarter that ended in Dec. 2025 was 2.92%.


The historical rank and industry rank for Aegean Airlines's Gross Margin % or its related term are showing as below:

AGZNF' s Gross Margin % Range Over the Past 10 Years
Min: -81.1   Med: -2.31   Max: 3.89
Current: -0.54


During the past 13 years, the highest Gross Margin % of Aegean Airlines was 3.89%. The lowest was -81.10%. And the median was -2.31%.

AGZNF's Gross Margin % is ranked worse than
96.42% of 977 companies
in the Transportation industry
Industry Median: 20.42 vs AGZNF: -0.54

Aegean Airlines had a gross margin of 2.92% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Aegean Airlines was 0.00% per year.


Aegean Airlines  (OTCPK:AGZNF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Aegean Airlines had a gross margin of 2.92% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Aegean Airlines Gross Margin % Related Terms


Aegean Airlines Gross Margin % Historical Data

* Premium members only.

The historical data trend for Aegean Airlines's Gross Margin % 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.

Aegean Airlines Gross Margin % Chart

Aegean Airlines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.77 -2.07 3.89 1.50 -0.54

Aegean Airlines Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % 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 7.93 -3.49 5.14 -5.26 2.92

AGZNF vs DAL, UAL, LUV: Gross Margin % Comparison

For the Airlines subindustry, Aegean Airlines's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Aegean Airlines Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Aegean Airlines's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Aegean Airlines's Gross Margin % falls into.


AGZNF
73GF Score
Aegean Airlines SA AGZNF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Aegean Airlines Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Aegean Airlines's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-10.6 / 1957.845
=(Revenue - Cost of Goods Sold) / Revenue
=(1957.845 - 1968.438) / 1957.845
=-0.54 %

Aegean Airlines's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=32.9 / 1129.567
=(Revenue - Cost of Goods Sold) / Revenue
=(1129.567 - 1096.63) / 1129.567
=2.92 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 2.92% mean?
Aegean Airlines (AGZNF) has a Gross Margin % of 2.92% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Aegean Airlines and its competitors. According to the industry distribution chart, Aegean Airlines ranks #942 out of 977 companies in the Transportation industry, placing it in the top 96.4%.
Is Aegean Airlines' Gross Margin % too high?
Aegean Airlines' current Gross Margin % is 2.92%. The Transportation industry median Gross Margin % is 20.42. Aegean Airlines' value of 2.92% is 85.7% below this industry median. Based on the distribution chart, Aegean Airlines ranks #942 out of 977 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Aegean Airlines has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aegean Airlines' Gross Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Aegean Airlines ranks #942 out of 977 companies for Gross Margin %. This places Aegean Airlines in the lower half of its industry. The industry median Gross Margin % is 20.42. Aegean Airlines' value of 2.92% is 85.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aegean Airlines's current Gross Margin % of 2.92% is 85.7% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Aegean Airlines and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aegean Airlines's current Gross Margin % is 2.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aegean Airlines stock overvalued right now?
Based on GuruFocus' analysis, Aegean Airlines (AGZNF) is currently considered Modestly Undervalued. The stock's GF Value™ is $15.95, compared to a current price of $14.20 — trading 11% below its estimated fair value. The current Gross Margin % is 2.92% and 85.7% below the Transportation industry median of 20.42. Aegean Airlines' overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Aegean Airlines (AGZNF), the current Gross Margin % is 2.92% as of Dec. 2025. 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 Aegean Airlines (AGZNF) Overvalued in 2026?

Based on GuruFocus' analysis, Aegean Airlines stock appears to be undervalued. The current stock price of $14.20 is trading 11% below its estimated GF Value™ of $15.95. GuruFocus considers Aegean Airlines to be Modestly Undervalued.

Key valuation signals for AGZNF:

  • Gross Margin %: 2.92%
  • GF Value™: $15.95 vs. price of $14.20 (11% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 85.7% below the Transportation median (#942 of 977)

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


Aegean Airlines Business Description

Address Athens International Airport, Building 57, Spata Attiki, Athens, GRC, 19019
Aegean Airlines SA is Greece's airline provider. The company generates revenue from Scheduled flights, Chartered flights, and others. The company generates maximum revenue from Scheduled flights. Additionally, it offers services related to air transportation, technical support, and ground-handling amenities. Approximately half of total passenger traffic derives from routes within Greece.
73GF Score

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

$14.20
Price
$15.95
GF Value