AirTrip (TSE:6191) Operating Margin %: 13.25% (As of Mar. 2026) — 21% Above Median


TSE:6191 AirTrip Corp TSE:6191
75 GF Score
Price 円870.00
GF Value 円1,437.80
Valuation Significantly Undervalued
! 4 Warning Signs
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What is AirTrip Operating Margin %?

AirTrip TSE:6191 +8.75% 75 Operating Margin % is 13.25% as of Mar. 2026, which is 21% above its 10-year median of 10.96. GuruFocus rates TSE:6191 with a GF Score™ of 75/100 and a GF Value™ of 円1,437.80 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 839 Travel & Leisure companies, AirTrip ranks better than 63.29% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. AirTrip's Operating Income for the three months ended in Mar. 2026 was 円1,288 Mil. AirTrip's Revenue for the three months ended in Mar. 2026 was 円9,720 Mil. Therefore, AirTrip's Operating Margin % for the quarter that ended in Mar. 2026 was 13.25%.

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

TSE:6191' s Operating Margin % Range Over the Past 10 Years
Min: -40.41   Med: 10.96   Max: 15.46
Current: 12.6


TSE:6191's Operating Margin % is ranked better than
63.29% of 839 companies
in the Travel & Leisure industry
Industry Median: 8.12 vs TSE:6191: 12.60

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

AirTrip's Operating Income for the three months ended in Mar. 2026 was 円1,288 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,127 Mil.


AirTrip  (TSE:6191) 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.


AirTrip Operating Margin % Related Terms


AirTrip Operating Margin % Historical Data

* Premium members only.

The historical data trend for AirTrip'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.

AirTrip Operating Margin % Chart

AirTrip Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.20 13.97 8.09 10.87 11.05

AirTrip Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11.64 14.46 8.04 14.81 13.25

TSE:6191 vs BKNG, ABNB, RCL: Operating Margin % Comparison

For the Travel Services subindustry, AirTrip'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.


AirTrip Operating Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, AirTrip's Operating Margin % distribution charts can be found below:

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


TSE:6191
75GF Score
AirTrip Corp TSE:6191
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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AirTrip 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.

AirTrip's Operating Margin % for the fiscal year that ended in Sep. 2025 is calculated as

Operating Margin %=Operating Income (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=3105 / 28104
=11.05 %

AirTrip's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1288 / 9720
=13.25 %

* 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 13.25% mean?
AirTrip (TSE:6191) has a Operating Margin % of 13.25% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on AirTrip and its competitors. This is 21% above median its historical median of 10.96. According to the industry distribution chart, AirTrip ranks #308 out of 839 companies in the Travel & Leisure industry, placing it in the top 36.7%.
Is AirTrip's Operating Margin % too high?
AirTrip's current Operating Margin % of 13.25% is 21% above median its 10-year median of 10.96. The Travel & Leisure industry median Operating Margin % is 8.12. AirTrip's value of 13.25% is 63.2% above this industry median. Based on the distribution chart, AirTrip ranks #308 out of 839 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, AirTrip has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AirTrip's Operating Margin % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, AirTrip ranks #308 out of 839 companies for Operating Margin %. This puts AirTrip in the upper half of its industry. The industry median Operating Margin % is 8.12. AirTrip's value of 13.25% is 63.2% above this benchmark. While the company's 10-year median is 10.96 vs. the industry median of 8.12, AirTrip 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 Travel & Leisure company?
The median Operating Margin % among Travel & Leisure companies is 8.12, based on 839 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. AirTrip's current Operating Margin % of 13.25% is 63.2% 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 AirTrip and its competitors. For the Travel & Leisure industry, the median Operating Margin % is 8.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AirTrip's current Operating Margin % is 13.25%, which is 21% above median its own 10-year median of 10.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AirTrip stock overvalued right now?
Based on GuruFocus' analysis, AirTrip (TSE:6191) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,437.80, compared to a current price of 円870.00 — trading 39.5% below its estimated fair value. The current Operating Margin % is 13.25%, which is 21% above median its 10-year median of 10.96 and 63.2% above the Travel & Leisure industry median of 8.12. AirTrip's overall GF Score™ is 75/100 with 4 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 AirTrip (TSE:6191), the current Operating Margin % is 13.25% 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 AirTrip (TSE:6191) Overvalued in 2026?

Based on GuruFocus' analysis, AirTrip stock appears to be undervalued. The current stock price of 円870.00 is trading 39.5% below its estimated GF Value™ of 円1,437.80. GuruFocus considers AirTrip to be Significantly Undervalued.

Key valuation signals for TSE:6191:

  • Operating Margin %: 13.25% (21% above median its 10-year median of 10.96)
  • GF Value™: 円1,437.80 vs. price of 円870.00 (39.5% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 63.2% above the Travel & Leisure median (#308 of 839)

No single metric tells the full story. See the TSE:6191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AirTrip Business Description

Address 2-5-1, Atago, 19th Floor, Atago Green Hills MORI Tower, Minato-ku, Tokyo, JPN, 105-6219
AirTrip Corp operates an online travel agency in Japan. The company also provides tourism services. In addition, it offers offshore IT development services, including laboratory offshore development and BPO services. Further, the company engages in the investment business. The group operates in three main business pillars: online travel business, IT offshore development business, and investment business.
75GF Score

Get the complete analysis for TSE:6191

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

円870.00
Price
円1,437.80
GF Value