JAPSY (Japan Airlines Co) Gross Margin %: 50.66% (As of Mar. 2026) — 41% Above Median


JAPSY Japan Airlines Co Ltd JAPSY
83 GF Score
Price $8.80
GF Value $9.59
Valuation Fairly Valued
! 3 Warning Signs
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What is Japan Airlines Co Gross Margin %?

Japan Airlines Co JAPSY +2.26% 83 Gross Margin % is 50.66% as of Mar. 2026, which is 41% above its 10-year median of 35.96. GuruFocus rates JAPSY with a GF Score™ of 83/100 and a GF Value™ of $9.59 (Fairly Valued). The stock has 3 warning signs investors should review. Among 985 Transportation companies, Japan Airlines Co ranks better than 88.32% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Japan Airlines Co's Gross Profit for the three months ended in Mar. 2026 was $1,592 Mil. Japan Airlines Co's Revenue for the three months ended in Mar. 2026 was $3,143 Mil. Therefore, Japan Airlines Co's Gross Margin % for the quarter that ended in Mar. 2026 was 50.66%.


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

JAPSY' s Gross Margin % Range Over the Past 10 Years
Min: -12.67   Med: 35.96   Max: 52.29
Current: 52.29


During the past 13 years, the highest Gross Margin % of Japan Airlines Co was 52.29%. The lowest was -12.67%. And the median was 35.96%.

JAPSY's Gross Margin % is ranked better than
88.32% of 985 companies
in the Transportation industry
Industry Median: 20.42 vs JAPSY: 52.29

Japan Airlines Co had a gross margin of 50.66% for the quarter that ended in Mar. 2026 => Durable competitive advantage

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


Japan Airlines Co  (OTCPK:JAPSY) 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

Japan Airlines Co had a gross margin of 50.66% for the quarter that ended in Mar. 2026 => Durable 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.


Japan Airlines Co Gross Margin % Related Terms


Japan Airlines Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Japan Airlines Co'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.

Japan Airlines Co Gross Margin % Chart

Japan Airlines Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.51 43.74 49.10 51.23 52.29

Japan Airlines Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 49.49 51.29 53.46 53.59 50.66

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

For the Airlines subindustry, Japan Airlines Co'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.


Japan Airlines Co Gross Margin % vs Transportation Industry

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

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


JAPSY
83GF Score
Japan Airlines Co Ltd JAPSY
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Airlines Co Gross Margin % Calculation

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

Japan Airlines Co's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=6632.1 / 12682.63
=(Revenue - Cost of Goods Sold) / Revenue
=(12682.63 - 6050.527) / 12682.63
=52.29 %

Japan Airlines Co's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1592.3 / 3143.109
=(Revenue - Cost of Goods Sold) / Revenue
=(3143.109 - 1550.787) / 3143.109
=50.66 %

* 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 50.66% mean?
Japan Airlines Co (JAPSY) has a Gross Margin % of 50.66% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Japan Airlines Co and its competitors. This is 41% above median its historical median of 35.96. According to the industry distribution chart, Japan Airlines Co ranks #115 out of 985 companies in the Transportation industry, placing it in the top 11.7%.
Is Japan Airlines Co's Gross Margin % too high?
Japan Airlines Co's current Gross Margin % of 50.66% is 41% above median its 10-year median of 35.96. The Transportation industry median Gross Margin % is 20.42. Japan Airlines Co's value of 50.66% is 148.1% above this industry median. Based on the distribution chart, Japan Airlines Co ranks #115 out of 985 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Japan Airlines Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Airlines Co's Gross Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Japan Airlines Co ranks #115 out of 985 companies for Gross Margin %. This places Japan Airlines Co in the top 12% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.42. Japan Airlines Co's value of 50.66% is 148.1% above this benchmark. While the company's 10-year median is 35.96 vs. the industry median of 20.42, Japan Airlines Co 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 Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 985 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. Japan Airlines Co's current Gross Margin % of 50.66% is 148.1% 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 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 Japan Airlines Co 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. Japan Airlines Co's current Gross Margin % is 50.66%, which is 41% above median its own 10-year median of 35.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Airlines Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Airlines Co (JAPSY) is currently considered Fairly Valued. The stock's GF Value™ is $9.59, compared to a current price of $8.80 — trading 8.2% below its estimated fair value. The current Gross Margin % is 50.66%, which is 41% above median its 10-year median of 35.96 and 148.1% above the Transportation industry median of 20.42. Japan Airlines Co'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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Japan Airlines Co (JAPSY), the current Gross Margin % is 50.66% 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 Japan Airlines Co (JAPSY) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Airlines Co stock appears to be undervalued. The current stock price of $8.80 is trading 8.2% below its estimated GF Value™ of $9.59. GuruFocus considers Japan Airlines Co to be Fairly Valued.

Key valuation signals for JAPSY:

  • Gross Margin %: 50.66% (41% above median its 10-year median of 35.96)
  • GF Value™: $9.59 vs. price of $8.80 (8.2% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 148.1% above the Transportation median (#115 of 985)

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


Japan Airlines Co Business Description

Address 2-4-11 Higashi-Shinagawa, Nomura Real Estate Building, Shinagawa-ku, Tokyo, JPN, 140-8605
Japan Airlines Co Ltd is an international air transport services company. It offers scheduled and non-scheduled air transport services and aerial work services. The company operates large aircraft, medium-sized aircraft, small aircraft, and regional jets. The company is also engaged in the travel planning and sales business, which covers travel planning and sales, baggage delivery, system development and operation, ticketing systems for the travel industry, and credit card services related to air travel.
83GF Score

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

$8.80
Price
$9.59
GF Value