Kenya Airways (NAI:KQ) Net Margin %: 0.00% (As of Dec. 2025)


NAI:KQ Kenya Airways Plc NAI:KQ
64 GF Score
Price KES5.56
GF Value KES3.70
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Kenya Airways Net Margin %?

Kenya Airways NAI:KQ +0.72% 64 Net Margin % is 0.00% as of Dec. 2025. GuruFocus rates NAI:KQ with a GF Score™ of 64/100 and a GF Value™ of KES3.70 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,000 Transportation companies, Kenya Airways ranks worse than 62.4% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Kenya Airways's Net Income for the six months ended in Dec. 2025 was KES0 Mil. Kenya Airways's Revenue for the six months ended in Dec. 2025 was KES0 Mil. Therefore, Kenya Airways's net margin for the quarter that ended in Dec. 2025 was 0.00%.

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

NAI:KQ' s Net Margin % Range Over the Past 10 Years
Min: -74.12   Med: -11.76   Max: 2.94
Current: 2.94


NAI:KQ's Net Margin % is ranked worse than
62.4% of 1000 companies
in the Transportation industry
Industry Median: 4.99 vs NAI:KQ: 2.94

Kenya Airways  (NAI:KQ) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Kenya Airways Net Margin % Related Terms


Kenya Airways Net Margin % Historical Data

* Premium members only.

The historical data trend for Kenya Airways's Net 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.

Kenya Airways Net Margin % Chart

Kenya Airways Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.12 -33.97 -12.85 2.94 -10.66

Kenya Airways Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Dec25
Net 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 -28.92 -0.98 0.60 5.16 0.00

NAI:KQ vs DAL, UAL, LUV: Net Margin % Comparison

For the Airlines subindustry, Kenya Airways's Net Margin %, along with its competitors' market caps and Net 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.


Kenya Airways Net Margin % vs Transportation Industry

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

* The bar in red indicates where Kenya Airways's Net Margin % falls into.


NAI:KQ
64GF Score
Kenya Airways Plc NAI:KQ
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kenya Airways Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Kenya Airways's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-17134/160698
=-10.66 %

Kenya Airways's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=0/0
= %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 0.00% mean?
Kenya Airways (NAI:KQ) has a Net Margin % of 0.00% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Kenya Airways and its competitors. According to the industry distribution chart, Kenya Airways ranks #624 out of 1000 companies in the Transportation industry, placing it in the top 62.4%.
Is Kenya Airways' Net Margin % too high?
Kenya Airways' current Net Margin % is 0.00%. Based on the distribution chart, Kenya Airways ranks #624 out of 1000 companies in the Transportation industry, which is below the industry midpoint. Overall, Kenya Airways has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kenya Airways' Net Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Kenya Airways ranks #624 out of 1000 companies for Net Margin %. This places Kenya Airways in the lower half of its industry. The industry median Net Margin % is 4.99. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Transportation company?
The median Net Margin % among Transportation companies is 4.99, based on 1,000 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Kenya Airways and its competitors. For the Transportation industry, the median Net Margin % is 4.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kenya Airways's current Net Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenya Airways stock overvalued right now?
Based on GuruFocus' analysis, Kenya Airways (NAI:KQ) is currently considered Significantly Overvalued. The stock's GF Value™ is KES3.70, compared to a current price of KES5.56 — trading 50.3% above its estimated fair value. The current Net Margin % is 0.00%. Kenya Airways' overall GF Score™ is 64/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Kenya Airways (NAI:KQ), the current Net Margin % is 0.00% 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 Kenya Airways (NAI:KQ) Overvalued in 2026?

Based on GuruFocus' analysis, Kenya Airways stock appears to be overvalued. The current stock price of KES5.56 is trading 50.3% above its estimated GF Value™ of KES3.70. GuruFocus considers Kenya Airways to be Significantly Overvalued.

Key valuation signals for NAI:KQ:

  • Net Margin %: 0.00%
  • GF Value™: KES3.70 vs. price of KES5.56 (50.3% above fair value)
  • GF Score™: 64/100 with 7 warning signs

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


Kenya Airways Business Description

Address Airport North Road, P.O Box 19002, Embakasi, Nairobi, KEN, 00501
Kenya Airways Plc is engaged in the international, regional, and domestic carriage of passengers and cargo by air, the provision of ground handling services to other airlines, and the handling of import and export cargo. The company's segments include passengers, freight, mail, handling, and others. It operates domestic flights and flies to Africa, the Middle East, Asia, America, and Europe. The company is engaged in four business segments: Passenger, Freight and Mail, Handling, and Other revenue. Key revenue is generated from the Passenger segment.
64GF Score

Get the complete analysis for NAI:KQ

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

KES5.56
Price
KES3.70
GF Value