AFRAF (Air France-KLM) OCF Margin %: 21.69% (As of Mar. 2026) — 65% Above Median


AFRAF Air France-KLM AFRAF
69 GF Score
Price $13.38
GF Value $11.67
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Air France-KLM OCF Margin %?

Air France-KLM AFRAF 69 OCF Margin % is 21.69% as of Mar. 2026, which is 65% above its 10-year median of 13.17. GuruFocus rates AFRAF with a GF Score™ of 69/100 and a GF Value™ of $11.67 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,006 Transportation companies, Air France-KLM ranks better than 53.98% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Air France-KLM's Cash Flow from Operations for the three months ended in Mar. 2026 was $1,875 Mil. Air France-KLM's Revenue for the three months ended in Mar. 2026 was $8,646 Mil. Therefore, Air France-KLM's OCF Margin % for the quarter that ended in Mar. 2026 was 21.69%.

As of today, Air France-KLM's current OCF Yield % is 145.18%.

The historical rank and industry rank for Air France-KLM's OCF Margin % or its related term are showing as below:

AFRAF' s OCF Margin % Range Over the Past 10 Years
Min: -25.49   Med: 13.17   Max: 17.74
Current: 14.3


During the past 13 years, the highest OCF Margin % of Air France-KLM was 17.74%. The lowest was -25.49%. And the median was 13.17%.

AFRAF's OCF Margin % is ranked better than
53.98% of 1006 companies
in the Transportation industry
Industry Median: 12.945 vs AFRAF: 14.30


Air France-KLM OCF Margin % Related Terms


Air France-KLM OCF Margin % Historical Data

* Premium members only.

The historical data trend for Air France-KLM's OCF 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.

Air France-KLM OCF Margin % Chart

Air France-KLM Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.72 17.74 12.01 11.11 15.31

Air France-KLM Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF 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 26.59 13.29 11.00 12.39 21.69

AFRAF vs DAL, UAL, LUV: OCF Margin % Comparison

For the Airlines subindustry, Air France-KLM's OCF Margin %, along with its competitors' market caps and OCF 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.


Air France-KLM OCF Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Air France-KLM's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Air France-KLM's OCF Margin % falls into.


AFRAF
69GF Score
Air France-KLM AFRAF
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Air France-KLM OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Air France-KLM's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=5919.204/38649.883
=15.31 %

Air France-KLM's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1875.145/8646.243
=21.69 %

* 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 OCF Margin % →
What does a OCF Margin % of 21.69% mean?
Air France-KLM (AFRAF) has a OCF Margin % of 21.69% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Air France-KLM and its competitors. This is 65% above median its historical median of 13.17. According to the industry distribution chart, Air France-KLM ranks #463 out of 1006 companies in the Transportation industry, placing it in the top 46%.
Is Air France-KLM's OCF Margin % too high?
Air France-KLM's current OCF Margin % of 21.69% is 65% above median its 10-year median of 13.17. The Transportation industry median OCF Margin % is 12.95. Air France-KLM's value of 21.69% is 67.6% above this industry median. Based on the distribution chart, Air France-KLM ranks #463 out of 1006 companies in the Transportation industry, which is above the industry midpoint. Overall, Air France-KLM has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air France-KLM's OCF Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Air France-KLM ranks #463 out of 1006 companies for OCF Margin %. This puts Air France-KLM in the upper half of its industry. The industry median OCF Margin % is 12.95. Air France-KLM's value of 21.69% is 67.6% above this benchmark. While the company's 10-year median is 13.17 vs. the industry median of 12.95, Air France-KLM 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 OCF Margin % for a Transportation company?
The median OCF Margin % among Transportation companies is 12.95, based on 1,006 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air France-KLM's current OCF Margin % of 21.69% is 67.6% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Air France-KLM and its competitors. For the Transportation industry, the median OCF Margin % is 12.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air France-KLM's current OCF Margin % is 21.69%, which is 65% above median its own 10-year median of 13.17. 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 (AFRAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.67, compared to a current price of $13.38 — trading 14.7% above its estimated fair value. The current OCF Margin % is 21.69%, which is 65% above median its 10-year median of 13.17 and 67.6% above the Transportation industry median of 12.95. Air France-KLM's overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Air France-KLM (AFRAF), the current OCF Margin % is 21.69% 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 Air France-KLM (AFRAF) Overvalued in 2026?

Based on GuruFocus' analysis, Air France-KLM stock appears to be overvalued. The current stock price of $13.38 is trading 14.7% above its estimated GF Value™ of $11.67. GuruFocus considers Air France-KLM to be Modestly Overvalued.

Key valuation signals for AFRAF:

  • OCF Margin %: 21.69% (65% above median its 10-year median of 13.17)
  • GF Value™: $11.67 vs. price of $13.38 (14.7% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 67.6% above the Transportation median (#463 of 1006)

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


Air France-KLM Business Description

Address 7 Rue du Cirque, Paris, FRA, 75008
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.
69GF Score

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

$13.38
Price
$11.67
GF Value