Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Air France-KLM's share price for the quarter that ended in Mar. 2026 was €8.878. Air France-KLM's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 263 Mil. Therefore, Air France-KLM's market cap for the quarter that ended in Mar. 2026 was €2,331 Mil.
Air France-KLM's quarterly market cap
increased
from Sep. 2025 (€2,992 Mil) to Dec. 2025 (€2,997 Mil) but then
declined
from Dec. 2025 (€2,997 Mil) to Mar. 2026 (€2,331 Mil).
Air France-KLM's annual market cap
declined
from Dec. 2023 (€3,566 Mil) to Dec. 2024 (€2,126 Mil) but then
increased
from Dec. 2024 (€2,126 Mil) to Dec. 2025 (€2,997 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Air France-KLM's Enterprise Value for Today is €13,140 Mil.
Air France-KLM (STU:AFR) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Air France-KLM Market Cap Related Terms
Air France-KLM Market Cap Historical Data
* Premium members only.
The historical data trend for Air France-KLM's Market Cap 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, Air France-KLM's Market Cap, along with its competitors' market caps and Market Cap 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.
Air France-KLM Market Cap vs Transportation Industry
For the Transportation industry and Industrials sector, Air France-KLM's Market Cap distribution charts can be found below:
* The bar in red indicates where Air France-KLM's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Air France-KLM's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Air France-KLM (STU:AFR) has a Market Cap of €3,669 Mil as of Jun. 27, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Air France-KLM and its competitors. According to the industry distribution chart, Air France-KLM ranks #131 out of 1033 companies in the Transportation industry, placing it in the top 12.7%.
Is Air France-KLM's Market Cap too high?
Air France-KLM's current Market Cap is €3,669 Mil. Based on the distribution chart, Air France-KLM ranks #131 out of 1033 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Air France-KLM has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air France-KLM's Market Cap compare to DAL and UAL?
According to the Transportation industry distribution chart, Air France-KLM ranks #131 out of 1033 companies for Market Cap. This places Air France-KLM in the top 13% of its industry — outperforming the majority of peers. The industry median Market Cap is 253.78. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Transportation company?
The median Market Cap among Transportation companies is 253.78, based on 1,033 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Air France-KLM and its competitors. For the Transportation industry, the median Market Cap is 253.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air France-KLM's current Market Cap is €3,669 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air France-KLM stock overvalued right now?
Based on GuruFocus' analysis, Air France-KLM (STU:AFR) is currently considered Modestly Overvalued. The stock's GF Value™ is €10.79, compared to a current price of €13.80 — trading 27.8% above its estimated fair value. The current Market Cap is €3,669 Mil. Air France-KLM's overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Air France-KLM (STU:AFR), the current Market Cap is €3,669 Mil as of Jun. 27, 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 Air France-KLM (STU:AFR) Overvalued in 2026?
Based on GuruFocus' analysis, Air France-KLM stock appears to be overvalued.
The current stock price of €13.80 is trading 27.8% above its estimated GF Value™ of €10.79.
GuruFocus considers Air France-KLM to be Modestly Overvalued.
Key valuation signals for STU:AFR:
Market Cap: €3,669 Mil
GF Value™: €10.79 vs. price of €13.80 (27.8% above fair value)
No single metric tells the full story. See the STU:AFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air France-KLM is a European airline group engaged in businesses that include passenger and cargo transportation, low-cost operations, and aircraft maintenance. The group has four segments: network, maintenance, Transavia, and other. The network segment derives key revenue for the passenger and cargo network, mainly coming from passenger transportation services on scheduled flights with the group's airline code. The company's geographic markets include France, Benelux, Europe, and the rest of the world, with the majority of revenue coming from France, including its overseas division.
70GF Score
Get the complete analysis for STU:AFR
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:AFR has been successfully added to your 
