Air France-KLMAFRAF 69 Pretax Margin % is -4.10% as of Mar. 2026. 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 1,005 Transportation companies, Air France-KLM ranks worse than 54.73% on this metric.
The historical rank and industry rank for Air France-KLM's Pretax Margin % or its related term are showing as below:
AFRAF'
s Pretax Margin % Range Over the Past 10 Years
Min: -62.75 Med: 1.59 Max: 5.67
Current: 5.67
AFRAF's Pretax Margin % is ranked worse than 54.73% of 1005
companies
in the Transportation industry
Industry Median: 6.77
vs AFRAF: 5.67
Air France-KLM (OTCPK:AFRAF) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Air France-KLM Pretax Margin % Related Terms
Air France-KLM Pretax Margin % Historical Data
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The historical data trend for Air France-KLM's Pretax 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.
AFRAF vs DAL, UAL, LUV: Pretax Margin % Comparison
For the Airlines subindustry, Air France-KLM's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, Air France-KLM's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Air France-KLM's Pretax Margin % falls into.
* 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 (AFRAF) has a Pretax Margin % of -4.10% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Air France-KLM and its competitors. According to the industry distribution chart, Air France-KLM ranks #550 out of 1005 companies in the Transportation industry, placing it in the top 54.7%.
Is Air France-KLM's Pretax Margin % too high?
Air France-KLM's current Pretax Margin % is -4.10%. Based on the distribution chart, Air France-KLM ranks #550 out of 1005 companies in the Transportation industry, which is below 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 Pretax Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Air France-KLM ranks #550 out of 1005 companies for Pretax Margin %. This places Air France-KLM in the lower half of its industry. The industry median Pretax Margin % is 6.77. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Transportation company?
The median Pretax Margin % among Transportation companies is 6.77, based on 1,005 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Air France-KLM and its competitors. For the Transportation industry, the median Pretax Margin % is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air France-KLM's current Pretax Margin % is -4.10%. 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 Pretax Margin % is -4.10%. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Air France-KLM (AFRAF), the current Pretax Margin % is -4.10% 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:
Pretax Margin %: -4.10%
GF Value™: $11.67 vs. price of $13.38 (14.7% above fair value)
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 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
Get the complete analysis for AFRAF
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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