Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Passenger Load Factor % is an indicator which measures the capacity utilization of airlines to assess how efficiently the airline fills seats and generates fare revenue.
The historical rank and industry rank for ANA Holdings's Passenger Load Factor % or its related term are showing as below:
LTS:0Q09's Passenger Load Factor % is not ranked *
in the Transportation industry.
Industry Median: * Ranked among companies with meaningful Passenger Load Factor % only.
ANA Holdings (LTS:0Q09) Passenger Load Factor % Explanation
Passenger Load Factor % measures the percentage of available seating capacity that has been filled by passengers. A high load factor indicates that the airline has sold most available seats and is preferred over a low load factor.
The load factor helps investors and management determine how well an airline generates sales, covers expenses, and remains profitable. Since airlines have thin profit margins and high costs, a high load factor is essential to an airline’s success.
Another measurement of load factor is Breakeven Load Factor %, which is often used in strategic planning for airlines. An airline wishing to attract low-budget customers with cheap tickets will likely need a higher load factor to stay profitable and thus, may need aircraft designed to carry more passengers. The airline could also pursue high-quality service and customer experiences by charging more per ticket and offering fewer seats.
ANA Holdings Passenger Load Factor % Related Terms
ANA Holdings Passenger Load Factor % Historical Data
* Premium members only.
The historical data trend for ANA Holdings's Passenger Load Factor % 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.
ANA Holdings (LTS:0Q09) Passenger Load Factor % Calculation
Passenger Load Factor % is calculated as
Passenger Load Factor %
=
Passenger Miles Travelled
/
Available Seat Miles
* 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
What does a Passenger Load Factor % of 0.00% mean?
ANA Holdings (LTS:0Q09) has a Passenger Load Factor % of 0.00% as of . 20. Passenger Load Factor is an indicator which measures the capacity utilization of airlines to assess how efficiently the airline fills seats and generates fare revenue. View historical data on ANA Holdings and its competitors.
Is ANA Holdings' Passenger Load Factor % too high?
ANA Holdings' current Passenger Load Factor % is 0.00%. Overall, ANA Holdings has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does ANA Holdings' Passenger Load Factor % compare to DAL and UAL?
ANA Holdings' Passenger Load Factor % of 0.00% can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Passenger Load Factor % for a Transportation company?
A good Passenger Load Factor % depends on the Transportation industry context. However, Passenger Load Factor % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Passenger Load Factor % mean?
A high Passenger Load Factor % can signal that a stock is expensive relative to its fundamentals. Passenger Load Factor is an indicator which measures the capacity utilization of airlines to assess how efficiently the airline fills seats and generates fare revenue. View historical data on ANA Holdings and its competitors. ANA Holdings's current Passenger Load Factor % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ANA Holdings stock overvalued right now?
ANA Holdings (LTS:0Q09) has a current Passenger Load Factor % of 0.00%. The stock's GF Value™ is CHF25.77, compared to a current price of CHF23.47 — trading 8.9% below its estimated fair value. The current Passenger Load Factor % is 0.00%. ANA Holdings' overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Passenger Load Factor % calculated?
Passenger Load Factor % is calculated from a company's financial statements. For ANA Holdings (LTS:0Q09), the current Passenger Load Factor % is 0.00% as of . 20. 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 ANA Holdings (LTS:0Q09) Overvalued in 2026?
Based on GuruFocus' analysis, ANA Holdings stock appears to be undervalued.
The current stock price of CHF23.47 is trading 8.9% below its estimated GF Value™ of CHF25.77.
Key valuation signals for LTS:0Q09:
Passenger Load Factor %: 0.00%
GF Value™: CHF25.77 vs. price of CHF23.47 (8.9% below fair value)
No single metric tells the full story. See the LTS:0Q09 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ANA Holdings is the holding firm of Japan's largest airline, All Nippon Airways. Besides the flagship carrier, ANA also owns discount airline Peach Aviation, Hokkaido-based Air Do, and airfreight carrier Nippon Cargo Airlines. Air Japan, which was launched to provide discount flights to Southeast Asia, will cease in 2026. Prior to covid-19, passenger transport made up over 50% of group revenue, split almost equally between domestic and international passenger routes while cargo revenue made up 4%-5%. Its primary hub is Tokyo's Narita International Airport, but it is also expanding routes from Haneda Airport. ANA has minor stakes in Philippine Airlines, Vietnam Airlines, and IHG ANA Hotels Group Japan. The latter is a hotel chain in Japan owned and operated by InterContinental Hotels Group.
83GF Score
Get the complete analysis for LTS:0Q09
Passenger Load Factor % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0Q09 has been successfully added to your 
