Cathay Pacific Airways (STU:CTY) Net Margin %: 11.49% (As of Dec. 2025) — 2294% Above Median


STU:CTY Cathay Pacific Airways Ltd STU:CTY
76 GF Score
Price €1.39
GF Value €1.46
Valuation Fairly Valued
! 2 Warning Signs
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What is Cathay Pacific Airways Net Margin %?

Cathay Pacific Airways STU:CTY +3.49% 76 Net Margin % is 11.49% as of Dec. 2025, which is 2294% above its 10-year median of 0.48. GuruFocus rates STU:CTY with a GF Score™ of 76/100 and a GF Value™ of €1.46 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,008 Transportation companies, Cathay Pacific Airways ranks better than 66.77% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Cathay Pacific Airways's Net Income for the six months ended in Dec. 2025 was €788 Mil. Cathay Pacific Airways's Revenue for the six months ended in Dec. 2025 was €6,855 Mil. Therefore, Cathay Pacific Airways's net margin for the quarter that ended in Dec. 2025 was 11.49%.

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

STU:CTY' s Net Margin % Range Over the Past 10 Years
Min: -46.12   Med: 0.48   Max: 10.36
Current: 9.27


STU:CTY's Net Margin % is ranked better than
66.77% of 1008 companies
in the Transportation industry
Industry Median: 4.98 vs STU:CTY: 9.27

Cathay Pacific Airways  (STU:CTY) 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.


Cathay Pacific Airways Net Margin % Related Terms


Cathay Pacific Airways Net Margin % Historical Data

* Premium members only.

The historical data trend for Cathay Pacific 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.

Cathay Pacific Airways Net Margin % Chart

Cathay Pacific Airways Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.12 -12.98 10.36 9.47 9.27

Cathay Pacific Airways Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 10.85 7.28 11.46 6.72 11.49

STU:CTY vs DAL, UAL, LUV: Net Margin % Comparison

For the Airlines subindustry, Cathay Pacific 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.


Cathay Pacific Airways Net Margin % vs Transportation Industry

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

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


STU:CTY
76GF Score
Cathay Pacific Airways Ltd STU:CTY
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cathay Pacific 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.

Cathay Pacific 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 )
=1188.453/12815.927
=9.27 %

Cathay Pacific 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 )
=787.729/6855.115
=11.49 %

* 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 11.49% mean?
Cathay Pacific Airways (STU:CTY) has a Net Margin % of 11.49% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Cathay Pacific Airways and its competitors. This is 2294% above median its historical median of 0.48. According to the industry distribution chart, Cathay Pacific Airways ranks #335 out of 1008 companies in the Transportation industry, placing it in the top 33.2%.
Is Cathay Pacific Airways' Net Margin % too high?
Cathay Pacific Airways' current Net Margin % of 11.49% is 2294% above median its 10-year median of 0.48. The Transportation industry median Net Margin % is 4.98. Cathay Pacific Airways' value of 11.49% is 130.7% above this industry median. Based on the distribution chart, Cathay Pacific Airways ranks #335 out of 1008 companies in the Transportation industry, which is above the industry midpoint. Overall, Cathay Pacific Airways has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cathay Pacific Airways' Net Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Cathay Pacific Airways ranks #335 out of 1008 companies for Net Margin %. This puts Cathay Pacific Airways in the upper half of its industry. The industry median Net Margin % is 4.98. Cathay Pacific Airways' value of 11.49% is 130.7% above this benchmark. While the company's 10-year median is 0.48 vs. the industry median of 4.98, Cathay Pacific 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 Net Margin % for a Transportation company?
The median Net Margin % among Transportation companies is 4.98, 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. Cathay Pacific Airways's current Net Margin % of 11.49% is 130.7% 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 Cathay Pacific Airways and its competitors. For the Transportation industry, the median Net Margin % is 4.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cathay Pacific Airways's current Net Margin % is 11.49%, which is 2294% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cathay Pacific Airways stock overvalued right now?
Based on GuruFocus' analysis, Cathay Pacific Airways (STU:CTY) is currently considered Fairly Valued. The stock's GF Value™ is €1.46, compared to a current price of €1.39 — trading 4.5% below its estimated fair value. The current Net Margin % is 11.49%, which is 2294% above median its 10-year median of 0.48 and 130.7% above the Transportation industry median of 4.98. Cathay Pacific Airways' overall GF Score™ is 76/100 with 2 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 Cathay Pacific Airways (STU:CTY), the current Net Margin % is 11.49% 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 Cathay Pacific Airways (STU:CTY) Overvalued in 2026?

Based on GuruFocus' analysis, Cathay Pacific Airways stock appears to be undervalued. The current stock price of €1.39 is trading 4.5% below its estimated GF Value™ of €1.46. GuruFocus considers Cathay Pacific Airways to be Fairly Valued.

Key valuation signals for STU:CTY:

  • Net Margin %: 11.49% (2294% above median its 10-year median of 0.48)
  • GF Value™: €1.46 vs. price of €1.39 (4.5% below fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 130.7% above the Transportation median (#335 of 1008)

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


Cathay Pacific Airways Business Description

Address 88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, HKG
Cathay Pacific is Hong Kong's largest airline group, operating a fleet of 237 aircraft as of December 2025 and serving over 100 destinations globally. As of March 2026, its largest shareholders remain Swire Pacific and Air China, with stakes of 45% and 29%, respectively. The group operates the full-service carrier Cathay Pacific, low-cost carrier HK Express, and cargo operator Air Hong Kong.
76GF Score

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

€1.39
Price
€1.46
GF Value