ANA HoldingsALNPY +5.42%80 Gross Margin % is 16.48% as of Mar. 2026, which is 14% below its 10-year median of 19.14. GuruFocus rates ALNPY with a GF Score™ of 80/100 and a GF Value™ of $4.05 (Fairly Valued). The stock has 2 warning signs investors should review. Among 977 Transportation companies, ANA Holdings ranks worse than 55.68% on this metric.
The historical rank and industry rank for ANA Holdings's Gross Margin % or its related term are showing as below:
ALNPY'
s Gross Margin % Range Over the Past 10 Years
Min: -37.23 Med: 19.14 Max: 24.95
Current: 18.29
During the past 13 years, the highestGross Margin % of ANA Holdings was 24.95%. The lowest was -37.23%. And the median was 19.14%.
ALNPY's Gross Margin % is ranked worse than 55.68% of 977
companies
in the Transportation industry
Industry Median: 20.42
vs ALNPY: 18.29
ANA Holdings had a gross margin of 16.48% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for ANA Holdings was 0.00% per year.
ANA Holdings (OTCPK:ALNPY) 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
ANA Holdings had a gross margin of 16.48% for the quarter that ended in Mar. 2026 => 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.
ANA Holdings Gross Margin % Related Terms
ANA Holdings Gross Margin % Historical Data
* Premium members only.
The historical data trend for ANA Holdings'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.
For the Airlines subindustry, ANA Holdings'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.
ANA Holdings Gross Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, ANA Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where ANA Holdings's Gross Margin % 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.
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.
ANA Holdings (ALNPY) has a Gross Margin % of 16.48% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on ANA Holdings and its competitors. This is 14% below median its historical median of 19.14. According to the industry distribution chart, ANA Holdings ranks #544 out of 977 companies in the Transportation industry, placing it in the top 55.7%.
Is ANA Holdings' Gross Margin % too high?
ANA Holdings' current Gross Margin % of 16.48% is 14% below median its 10-year median of 19.14. The Transportation industry median Gross Margin % is 20.42. ANA Holdings' value of 16.48% is 19.3% below this industry median. Based on the distribution chart, ANA Holdings ranks #544 out of 977 companies in the Transportation industry, which is below the industry midpoint. Overall, ANA Holdings has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ANA Holdings' Gross Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, ANA Holdings ranks #544 out of 977 companies for Gross Margin %. This places ANA Holdings in the lower half of its industry. The industry median Gross Margin % is 20.42. ANA Holdings' value of 16.48% is 19.3% below this benchmark. While the company's 10-year median is 19.14 vs. the industry median of 20.42, ANA Holdings 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 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. ANA Holdings's current Gross Margin % of 16.48% is 19.3% 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 ANA Holdings 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. ANA Holdings's current Gross Margin % is 16.48%, which is 14% below median its own 10-year median of 19.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ANA Holdings stock overvalued right now?
Based on GuruFocus' analysis, ANA Holdings (ALNPY) is currently considered Fairly Valued. The stock's GF Value™ is $4.05, compared to a current price of $3.79 — trading 6.4% below its estimated fair value. The current Gross Margin % is 16.48%, which is 14% below median its 10-year median of 19.14 and 19.3% below the Transportation industry median of 20.42. ANA Holdings' overall GF Score™ is 80/100 with 2 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 ANA Holdings (ALNPY), the current Gross Margin % is 16.48% 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 ANA Holdings (ALNPY) Overvalued in 2026?
Based on GuruFocus' analysis, ANA Holdings stock appears to be undervalued.
The current stock price of $3.79 is trading 6.4% below its estimated GF Value™ of $4.05.
GuruFocus considers ANA Holdings to be Fairly Valued.
Key valuation signals for ALNPY:
Gross Margin %: 16.48% (14% below median its 10-year median of 19.14)
GF Value™: $4.05 vs. price of $3.79 (6.4% below fair value)
Industry Position: 19.3% below the Transportation median (#544 of 977)
No single metric tells the full story. See the ALNPY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ANA Holdings is the holding firm of Japan's largest airline, All Nippon Airways. Besides the flagship carrier, ANA also owns discount airline Peach Aviation, Hokkaido-based Air Do, and airfreight carrier Nippon Cargo Airlines. Air Japan, which was launched to provide discount flights to Southeast Asia, will cease in 2026. Prior to covid-19, passenger transport made up over 50% of group revenue, split almost equally between domestic and international passenger routes while cargo revenue made up 4%-5%. Its primary hub is Tokyo's Narita International Airport, but it is also expanding routes from Haneda Airport. ANA has minor stakes in Philippine Airlines, Vietnam Airlines, and IHG ANA Hotels Group Japan. The latter is a hotel chain in Japan owned and operated by InterContinental Hotels Group.
80GF Score
Get the complete analysis for ALNPY
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ALNPY has been successfully added to your 
