Air ChinaAIRYY 69 Pretax Margin % is 4.26% as of Mar. 2026. GuruFocus rates AIRYY with a GF Score™ of 69/100 and a GF Value™ of $15.92 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,005 Transportation companies, Air China ranks worse than 75.32% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Air China's Pre-Tax Income for the
three
months ended in Mar. 2026 was $275 Mil. Air China's Revenue for the
three
months ended in Mar. 2026 was $6,462 Mil. Therefore, Air China's pretax margin for the quarter that ended in Mar. 2026 was 4.26%.
The historical rank and industry rank for Air China's Pretax Margin % or its related term are showing as below:
AIRYY'
s Pretax Margin % Range Over the Past 10 Years
Min: -86.73 Med: -0.95 Max: 9.46
Current: 1.57
AIRYY's Pretax Margin % is ranked worse than 75.32% of 1005
companies
in the Transportation industry
Industry Median: 6.75
vs AIRYY: 1.57
Air China (OTCPK:AIRYY) 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 China Pretax Margin % Related Terms
Air China Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Air China'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.
AIRYY vs DAL, UAL, LUV: Pretax Margin % Comparison
For the Airlines subindustry, Air China'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 China Pretax Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, Air China's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Air China'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 China (AIRYY) has a Pretax Margin % of 4.26% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Air China and its competitors. According to the industry distribution chart, Air China ranks #757 out of 1005 companies in the Transportation industry, placing it in the top 75.3%.
Is Air China's Pretax Margin % too high?
Air China's current Pretax Margin % is 4.26%. The Transportation industry median Pretax Margin % is 6.75. Air China's value of 4.26% is 36.9% below this industry median. Based on the distribution chart, Air China ranks #757 out of 1005 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Air China has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Air China's Pretax Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Air China ranks #757 out of 1005 companies for Pretax Margin %. This places Air China in the lower half of its industry. The industry median Pretax Margin % is 6.75. Air China's value of 4.26% is 36.9% below this benchmark. 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 6.75, 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. Air China's current Pretax Margin % of 4.26% is 36.9% below 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 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 China and its competitors. For the Transportation industry, the median Pretax Margin % is 6.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air China's current Pretax Margin % is 4.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air China stock overvalued right now?
Based on GuruFocus' analysis, Air China (AIRYY) is currently considered Possible Value Trap. The stock's GF Value™ is $15.92, compared to a current price of $10.40 — trading 34.7% below its estimated fair value. The current Pretax Margin % is 4.26% and 36.9% below the Transportation industry median of 6.75. Air China's overall GF Score™ is 69/100 with 5 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 China (AIRYY), the current Pretax Margin % is 4.26% 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 China (AIRYY) Overvalued in 2026?
Based on GuruFocus' analysis, Air China stock appears to be undervalued.
The current stock price of $10.40 is trading 34.7% below its estimated GF Value™ of $15.92.
GuruFocus considers Air China to be Possible Value Trap.
Key valuation signals for AIRYY:
Pretax Margin %: 4.26%
GF Value™: $15.92 vs. price of $10.40 (34.7% below fair value)
Industry Position: 36.9% below the Transportation median (#757 of 1005)
No single metric tells the full story. See the AIRYY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air China Ltd is based in Beijing and principally provides airline and related services, which include aircraft engineering and airport ground handling. The majority of the company's revenue comes from airline operations, with a smaller portion generated from rental income. Company has two segments (a) The airline operations segment which mainly comprises the provision of air passenger and air cargo services; and (b) The other operations segment which comprises the provision of aircraft engineering and other airline-related services. Geographically, majority of its revenue is derived from Mainland China followed by International segment and Hong Kong SAR, Macau SAR and Taiwan.
69GF Score
Get the complete analysis for AIRYY
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AIRYY has been successfully added to your 
