Eva Airways (TPE:2618) Gross Margin %: 22.90% (As of Dec. 2025) — 67% Above Median


TPE:2618 Eva Airways Corp TPE:2618
89 GF Score
Price NT$43.90
GF Value NT$40.58
Valuation Fairly Valued
! 7 Warning Signs
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What is Eva Airways Gross Margin %?

Eva Airways TPE:2618 89 Gross Margin % is 22.90% as of Dec. 2025, which is 67% above its 10-year median of 13.74. GuruFocus rates TPE:2618 with a GF Score™ of 89/100 and a GF Value™ of NT$40.58 (Fairly Valued). The stock has 7 warning signs investors should review. Among 977 Transportation companies, Eva Airways ranks better than 55.89% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Eva Airways's Gross Profit for the three months ended in Dec. 2025 was NT$13,200 Mil. Eva Airways's Revenue for the three months ended in Dec. 2025 was NT$57,647 Mil. Therefore, Eva Airways's Gross Margin % for the quarter that ended in Dec. 2025 was 22.90%.


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

TPE:2618' s Gross Margin % Range Over the Past 10 Years
Min: 9.61   Med: 13.74   Max: 24.44
Current: 23.43


During the past 13 years, the highest Gross Margin % of Eva Airways was 24.44%. The lowest was 9.61%. And the median was 13.74%.

TPE:2618's Gross Margin % is ranked better than
55.89% of 977 companies
in the Transportation industry
Industry Median: 20.42 vs TPE:2618: 23.43

Eva Airways had a gross margin of 22.90% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Eva Airways was 17.70% per year.


Eva Airways  (TPE:2618) 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

Eva Airways had a gross margin of 22.90% for the quarter that ended in Dec. 2025 => Competition eroding margins


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.


Eva Airways Gross Margin % Related Terms


Eva Airways Gross Margin % Historical Data

* Premium members only.

The historical data trend for Eva Airways'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.

Eva Airways Gross Margin % Chart

Eva Airways 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 18.60 14.28 21.60 24.44 23.43

Eva Airways Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 25.37 22.89 25.28 22.64 22.90

TPE:2618 vs DAL, UAL, LUV: Gross Margin % Comparison

For the Airlines subindustry, Eva Airways'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.


Eva Airways Gross Margin % vs Transportation Industry

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

* The bar in red indicates where Eva Airways's Gross Margin % falls into.


TPE:2618
89GF Score
Eva Airways Corp TPE:2618
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Eva Airways Gross Margin % Calculation

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

Eva Airways'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 )
=51631 / 220333.377
=(Revenue - Cost of Goods Sold) / Revenue
=(220333.377 - 168702.422) / 220333.377
=23.43 %

Eva Airways'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 )
=13199.6 / 57646.692
=(Revenue - Cost of Goods Sold) / Revenue
=(57646.692 - 44447.061) / 57646.692
=22.90 %

* 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 22.90% mean?
Eva Airways (TPE:2618) has a Gross Margin % of 22.90% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Eva Airways and its competitors. This is 67% above median its historical median of 13.74. Over the past decade, Eva Airways' Gross Margin % has ranged from 9.61 to 24.44. According to the industry distribution chart, Eva Airways ranks #431 out of 977 companies in the Transportation industry, placing it in the top 44.1%.
Is Eva Airways' Gross Margin % too high?
Eva Airways' current Gross Margin % of 22.90% is 67% above median its 10-year median of 13.74. Over the past 10 years, this metric has ranged from a low of 9.61 to a high of 24.44. The Transportation industry median Gross Margin % is 20.42. Eva Airways' value of 22.90% is 12.1% above this industry median. Based on the distribution chart, Eva Airways ranks #431 out of 977 companies in the Transportation industry, which is above the industry midpoint. Overall, Eva Airways has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eva Airways' Gross Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Eva Airways ranks #431 out of 977 companies for Gross Margin %. This puts Eva Airways in the upper half of its industry. The industry median Gross Margin % is 20.42. Eva Airways' value of 22.90% is 12.1% above this benchmark. Historically, Eva Airways' own Gross Margin % has ranged from 9.61 to 24.44 over the past decade. While the company's 10-year median is 13.74 vs. the industry median of 20.42, Eva Airways 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 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. Eva Airways's current Gross Margin % of 22.90% is 12.1% 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 Eva Airways 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. Eva Airways's current Gross Margin % is 22.90%, which is 67% above median its own 10-year median of 13.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eva Airways stock overvalued right now?
Based on GuruFocus' analysis, Eva Airways (TPE:2618) is currently considered Fairly Valued. The stock's GF Value™ is NT$40.58, compared to a current price of NT$43.90 — trading 8.2% above its estimated fair value. The current Gross Margin % is 22.90%, which is 67% above median its 10-year median of 13.74 and 12.1% above the Transportation industry median of 20.42. Eva Airways' overall GF Score™ is 89/100 with 7 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 Eva Airways (TPE:2618), the current Gross Margin % is 22.90% 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 Eva Airways (TPE:2618) Overvalued in 2026?

Based on GuruFocus' analysis, Eva Airways stock appears to be overvalued. The current stock price of NT$43.90 is trading 8.2% above its estimated GF Value™ of NT$40.58. GuruFocus considers Eva Airways to be Fairly Valued.

Key valuation signals for TPE:2618:

  • Gross Margin %: 22.90% (67% above median its 10-year median of 13.74)
  • GF Value™: NT$40.58 vs. price of NT$43.90 (8.2% above fair value)
  • GF Score™: 89/100 with 7 warning signs
  • Industry Position: 12.1% above the Transportation median (#431 of 977)

No single metric tells the full story. See the TPE:2618 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eva Airways Business Description

Address No. 376, Hsin-Nan Road, Sector 1, Luchu District, Taoyuan, TWN
Eva Airways Corp is an aviation transportation business. Its business activities are civil aviation transportation and general aviation business; Wholesale and retail sale of medical devices; carrying out any business which is not forbidden or restricted by the applicable laws and regulations, excluding those requiring licensing. Its geographic markets are Taiwan, Asia, Europe, North America, and others. It derives maximum revenue from Taiwan. The Group has two reportable segments: Aviation transportation segment, which derives maximum revenue, is involved in aviation transportation of passengers and cargo; and the aircraft maintenance and manufacture segment is involved in maintenance, manufacture, processing and sale of aircraft, parts and engine.
89GF Score

Get the complete analysis for TPE:2618

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

NT$43.90
Price
NT$40.58
GF Value