SINGF (Singapore Airlines) Net Margin %: 8.26% (As of Mar. 2026) — 66% Above Median


SINGF Singapore Airlines Ltd SINGF
78 GF Score
Price $5.69
GF Value $5.26
Valuation Fairly Valued
! 9 Warning Signs
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What is Singapore Airlines Net Margin %?

Singapore Airlines SINGF 78 Net Margin % is 8.26% as of Mar. 2026, which is 66% above its 10-year median of 4.98. GuruFocus rates SINGF with a GF Score™ of 78/100 and a GF Value™ of $5.26 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,008 Transportation companies, Singapore Airlines ranks better than 53.77% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Singapore Airlines's Net Income for the three months ended in Mar. 2026 was $345 Mil. Singapore Airlines's Revenue for the three months ended in Mar. 2026 was $4,174 Mil. Therefore, Singapore Airlines's net margin for the quarter that ended in Mar. 2026 was 8.26%.

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

SINGF' s Net Margin % Range Over the Past 10 Years
Min: -111.92   Med: 4.98   Max: 14.22
Current: 5.77


SINGF's Net Margin % is ranked better than
53.77% of 1008 companies
in the Transportation industry
Industry Median: 4.99 vs SINGF: 5.77

Singapore Airlines  (OTCPK:SINGF) 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.


Singapore Airlines Net Margin % Related Terms


Singapore Airlines Net Margin % Historical Data

* Premium members only.

The historical data trend for Singapore Airlines'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.

Singapore Airlines Net Margin % Chart

Singapore Airlines Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.63 12.13 14.07 14.22 5.77

Singapore Airlines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.50 3.88 1.07 9.16 8.26

SINGF vs DAL, UAL, LUV: Net Margin % Comparison

For the Airlines subindustry, Singapore Airlines'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.


Singapore Airlines Net Margin % vs Transportation Industry

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

* The bar in red indicates where Singapore Airlines's Net Margin % falls into.


SINGF
78GF Score
Singapore Airlines Ltd SINGF
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Singapore Airlines 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.

Singapore Airlines's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=925.289/16037.824
=5.77 %

Singapore Airlines's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=344.561/4173.648
=8.26 %

* 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 8.26% mean?
Singapore Airlines (SINGF) has a Net Margin % of 8.26% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Singapore Airlines and its competitors. This is 66% above median its historical median of 4.98. According to the industry distribution chart, Singapore Airlines ranks #466 out of 1008 companies in the Transportation industry, placing it in the top 46.2%.
Is Singapore Airlines' Net Margin % too high?
Singapore Airlines' current Net Margin % of 8.26% is 66% above median its 10-year median of 4.98. The Transportation industry median Net Margin % is 4.99. Singapore Airlines' value of 8.26% is 65.5% above this industry median. Based on the distribution chart, Singapore Airlines ranks #466 out of 1008 companies in the Transportation industry, which is above the industry midpoint. Overall, Singapore Airlines has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Singapore Airlines' Net Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Singapore Airlines ranks #466 out of 1008 companies for Net Margin %. This puts Singapore Airlines in the upper half of its industry. The industry median Net Margin % is 4.99. Singapore Airlines' value of 8.26% is 65.5% above this benchmark. While the company's 10-year median is 4.98 vs. the industry median of 4.99, Singapore Airlines 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 Net Margin % for a Transportation company?
The median Net Margin % among Transportation companies is 4.99, based on 1,008 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. Singapore Airlines's current Net Margin % of 8.26% is 65.5% 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 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 Singapore Airlines 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. Singapore Airlines's current Net Margin % is 8.26%, which is 66% above median its own 10-year median of 4.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Airlines stock overvalued right now?
Based on GuruFocus' analysis, Singapore Airlines (SINGF) is currently considered Fairly Valued. The stock's GF Value™ is $5.26, compared to a current price of $5.69 — trading 8.2% above its estimated fair value. The current Net Margin % is 8.26%, which is 66% above median its 10-year median of 4.98 and 65.5% above the Transportation industry median of 4.99. Singapore Airlines' overall GF Score™ is 78/100 with 9 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 Singapore Airlines (SINGF), the current Net Margin % is 8.26% 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 Singapore Airlines (SINGF) Overvalued in 2026?

Based on GuruFocus' analysis, Singapore Airlines stock appears to be overvalued. The current stock price of $5.69 is trading 8.2% above its estimated GF Value™ of $5.26. GuruFocus considers Singapore Airlines to be Fairly Valued.

Key valuation signals for SINGF:

  • Net Margin %: 8.26% (66% above median its 10-year median of 4.98)
  • GF Value™: $5.26 vs. price of $5.69 (8.2% above fair value)
  • GF Score™: 78/100 with 9 warning signs
  • Industry Position: 65.5% above the Transportation median (#466 of 1008)

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


Singapore Airlines Business Description

Address 25 Airline Road, Airline House, Sinagapore, SGP, 819829
Singapore Airlines is Singapore's flagship carrier and one of the region's largest airlines in terms of revenue and carrying capacity. With its hub in Changi Airport, the carrier provides regional and cross-continental passenger and cargo services destined to or transiting through Singapore. The company operates under dual brands: full-service carrier SIA and low-cost regional carrier Scoot. It also owns stakes in SATS and SIA Engineering. In 2024, the merger of its associate airline Vistara with Air India resulted in Singapore Airlines owning a 25% stake in Air India.
78GF Score

Get the complete analysis for SINGF

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

$5.69
Price
$5.26
GF Value