Aeroflot Russian Airlines PJSC (MIC:AFLT) Gross Margin %: -11.67% (As of Dec. 2023)

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MIC:AFLT Aeroflot Russian Airlines PJSC MIC:AFLT
17 GF Score
Price ₽36.75
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What is Aeroflot Russian Airlines PJSC Gross Margin %?

Aeroflot Russian Airlines PJSC MIC:AFLT -2.36% 17 Gross Margin % is -11.67% as of Dec. 2023. GuruFocus rates MIC:AFLT with a GF Score™ of 17/100.

Gross Margin % is calculated as gross profit divided by its revenue. Aeroflot Russian Airlines PJSC's Gross Profit for the three months ended in Dec. 2023 was ₽-19,963 Mil. Aeroflot Russian Airlines PJSC's Revenue for the three months ended in Dec. 2023 was ₽171,090 Mil. Therefore, Aeroflot Russian Airlines PJSC's Gross Margin % for the quarter that ended in Dec. 2023 was -11.67%.


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


MIC:AFLT's Gross Margin % is not ranked *
in the Transportation industry.
Industry Median: 20.4
* Ranked among companies with meaningful Gross Margin % only.

Aeroflot Russian Airlines PJSC had a gross margin of -11.67% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Aeroflot Russian Airlines PJSC  (MIC:AFLT) 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

Aeroflot Russian Airlines PJSC had a gross margin of -11.67% for the quarter that ended in Dec. 2023 => 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.


Aeroflot Russian Airlines PJSC Gross Margin % Related Terms


Aeroflot Russian Airlines PJSC Gross Margin % Historical Data

* Premium members only.

The historical data trend for Aeroflot Russian Airlines PJSC'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.

Aeroflot Russian Airlines PJSC Gross Margin % Chart

Aeroflot Russian Airlines PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.75 -16.56 10.23 -19.82 1.06

Aeroflot Russian Airlines PJSC Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 0.76 -51.34 6.62 14.25 -11.67

MIC:AFLT vs DAL, UAL, LUV: Gross Margin % Comparison

For the Airlines subindustry, Aeroflot Russian Airlines PJSC'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.


Aeroflot Russian Airlines PJSC Gross Margin % vs Transportation Industry

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

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


MIC:AFLT
17GF Score
Aeroflot Russian Airlines PJSC MIC:AFLT
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Aeroflot Russian Airlines PJSC Gross Margin % Calculation

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

Aeroflot Russian Airlines PJSC's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=6512 / 612194
=(Revenue - Cost of Goods Sold) / Revenue
=(612194 - 605682) / 612194
=1.06 %

Aeroflot Russian Airlines PJSC's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-19963 / 171090
=(Revenue - Cost of Goods Sold) / Revenue
=(171090 - 191053) / 171090
=-11.67 %

* 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 -11.67% mean?
Aeroflot Russian Airlines PJSC (MIC:AFLT) has a Gross Margin % of -11.67% as of Dec. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Aeroflot Russian Airlines PJSC and its competitors.
Is Aeroflot Russian Airlines PJSC's Gross Margin % too high?
Aeroflot Russian Airlines PJSC's current Gross Margin % is -11.67%. Overall, Aeroflot Russian Airlines PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Aeroflot Russian Airlines PJSC's Gross Margin % compare to DAL and UAL?
Aeroflot Russian Airlines PJSC's Gross Margin % of -11.67% can be compared against companies in the Transportation industry. The industry median Gross Margin % is 20.40. 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 20.40, based on 980 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. 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 Aeroflot Russian Airlines PJSC and its competitors. For the Transportation industry, the median Gross Margin % is 20.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aeroflot Russian Airlines PJSC's current Gross Margin % is -11.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeroflot Russian Airlines PJSC stock overvalued right now?
Aeroflot Russian Airlines PJSC (MIC:AFLT) has a current Gross Margin % of -11.67%. The current Gross Margin % is -11.67%. Aeroflot Russian Airlines PJSC's overall GF Score™ is 17/100. 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 Aeroflot Russian Airlines PJSC (MIC:AFLT), the current Gross Margin % is -11.67% as of Dec. 2023. 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.

Aeroflot Russian Airlines PJSC Business Description

Address 1, Arbat Street, Moscow, RUS, 119019
Aeroflot Russian Airlines PJSC is Russia's airline group, and accounts for approximately one third of Russia's air-travel market. It provides scheduled and chartered flights. Passengers may buy tickets through websites, online booking systems, sales offices, and authorized agents. Domestic routes throughout Russia comprise the majority of total passengers. Additionally, it provides international routes to many different regions. The company's lone operating segment is Air Transportation. Outside of Russia, Europe books the next-highest number of passengers at around one fifth the total amount. The Russian Federation owns roughly half of the company.
17GF Score

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