AGZNF (Aegean Airlines) Operating Margin %: 16.51% (As of Dec. 2025) — 64% Above Median


AGZNF Aegean Airlines SA AGZNF
73 GF Score
Price $14.20
GF Value $17.05
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Aegean Airlines Operating Margin %?

Aegean Airlines AGZNF 73 Operating Margin % is 16.51% as of Dec. 2025, which is 64% above its 10-year median of 10.04. GuruFocus rates AGZNF with a GF Score™ of 73/100 and a GF Value™ of $17.05 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,007 Transportation companies, Aegean Airlines ranks better than 67.73% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Aegean Airlines's Operating Income for the six months ended in Dec. 2025 was $186 Mil. Aegean Airlines's Revenue for the six months ended in Dec. 2025 was $1,130 Mil. Therefore, Aegean Airlines's Operating Margin % for the quarter that ended in Dec. 2025 was 16.51%.

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

AGZNF' s Operating Margin % Range Over the Past 10 Years
Min: -59.31   Med: 10.04   Max: 16.07
Current: 13.05


AGZNF's Operating Margin % is ranked better than
67.73% of 1007 companies
in the Transportation industry
Industry Median: 7.36 vs AGZNF: 13.05

Aegean Airlines's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Aegean Airlines's Operating Income for the six months ended in Dec. 2025 was $186 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $254 Mil.


Aegean Airlines  (OTCPK:AGZNF) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Aegean Airlines Operating Margin % Related Terms


Aegean Airlines Operating Margin % Historical Data

* Premium members only.

The historical data trend for Aegean Airlines's Operating 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.

Aegean Airlines Operating Margin % Chart

Aegean Airlines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.04 12.19 16.07 14.18 13.05

Aegean Airlines Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating 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 19.37 9.39 17.68 8.33 16.51

AGZNF vs DAL, UAL, LUV: Operating Margin % Comparison

For the Airlines subindustry, Aegean Airlines's Operating Margin %, along with its competitors' market caps and Operating 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.


Aegean Airlines Operating Margin % vs Transportation Industry

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

* The bar in red indicates where Aegean Airlines's Operating Margin % falls into.


AGZNF
73GF Score
Aegean Airlines SA AGZNF
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aegean Airlines Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Aegean Airlines's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=255.504 / 1957.845
=13.05 %

Aegean Airlines's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=186.493 / 1129.567
=16.51 %

* 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 Operating Margin % →
What does a Operating Margin % of 16.51% mean?
Aegean Airlines (AGZNF) has a Operating Margin % of 16.51% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Aegean Airlines and its competitors. This is 64% above median its historical median of 10.04. According to the industry distribution chart, Aegean Airlines ranks #325 out of 1007 companies in the Transportation industry, placing it in the top 32.3%.
Is Aegean Airlines' Operating Margin % too high?
Aegean Airlines' current Operating Margin % of 16.51% is 64% above median its 10-year median of 10.04. The Transportation industry median Operating Margin % is 7.36. Aegean Airlines' value of 16.51% is 124.3% above this industry median. Based on the distribution chart, Aegean Airlines ranks #325 out of 1007 companies in the Transportation industry, which is above the industry midpoint. Overall, Aegean Airlines has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aegean Airlines' Operating Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Aegean Airlines ranks #325 out of 1007 companies for Operating Margin %. This puts Aegean Airlines in the upper half of its industry. The industry median Operating Margin % is 7.36. Aegean Airlines' value of 16.51% is 124.3% above this benchmark. While the company's 10-year median is 10.04 vs. the industry median of 7.36, Aegean 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 Operating Margin % for a Transportation company?
The median Operating Margin % among Transportation companies is 7.36, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aegean Airlines's current Operating Margin % of 16.51% is 124.3% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Aegean Airlines and its competitors. For the Transportation industry, the median Operating Margin % is 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aegean Airlines's current Operating Margin % is 16.51%, which is 64% above median its own 10-year median of 10.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aegean Airlines stock overvalued right now?
Based on GuruFocus' analysis, Aegean Airlines (AGZNF) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.05, compared to a current price of $14.20 — trading 16.7% below its estimated fair value. The current Operating Margin % is 16.51%, which is 64% above median its 10-year median of 10.04 and 124.3% above the Transportation industry median of 7.36. Aegean Airlines' overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Aegean Airlines (AGZNF), the current Operating Margin % is 16.51% 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 Aegean Airlines (AGZNF) Overvalued in 2026?

Based on GuruFocus' analysis, Aegean Airlines stock appears to be undervalued. The current stock price of $14.20 is trading 16.7% below its estimated GF Value™ of $17.05. GuruFocus considers Aegean Airlines to be Modestly Undervalued.

Key valuation signals for AGZNF:

  • Operating Margin %: 16.51% (64% above median its 10-year median of 10.04)
  • GF Value™: $17.05 vs. price of $14.20 (16.7% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 124.3% above the Transportation median (#325 of 1007)

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


Aegean Airlines Business Description

Address Athens International Airport, Building 57, Spata Attiki, Athens, GRC, 19019
Aegean Airlines SA is Greece's airline provider. The company generates revenue from Scheduled flights, Chartered flights, and others. The company generates maximum revenue from Scheduled flights. Additionally, it offers services related to air transportation, technical support, and ground-handling amenities. Approximately half of total passenger traffic derives from routes within Greece.
73GF Score

Get the complete analysis for AGZNF

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

$14.20
Price
$17.05
GF Value