Kenya Airways (NAI:KQ) Pretax Margin %: % (As of Dec. 2025)


NAI:KQ Kenya Airways Plc NAI:KQ
63 GF Score
Price KES5.70
GF Value KES3.71
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Kenya Airways Pretax Margin %?

Kenya Airways NAI:KQ -2.40% 63 Pretax Margin % is % as of Dec. 2025. GuruFocus rates NAI:KQ with a GF Score™ of 63/100 and a GF Value™ of KES3.71 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 999 Transportation companies, Kenya Airways ranks worse than 68.37% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Kenya Airways's Pre-Tax Income for the six months ended in Dec. 2025 was KES0 Mil. Kenya Airways's Revenue for the six months ended in Dec. 2025 was KES0 Mil. Therefore, Kenya Airways's pretax margin for the quarter that ended in Dec. 2025 was %.

The historical rank and industry rank for Kenya Airways's Pretax Margin % or its related term are showing as below:

NAI:KQ' s Pretax Margin % Range Over the Past 10 Years
Min: -74.83   Med: -12.05   Max: 2.95
Current: 2.95


NAI:KQ's Pretax Margin % is ranked worse than
68.37% of 999 companies
in the Transportation industry
Industry Median: 6.77 vs NAI:KQ: 2.95

Kenya Airways  (NAI:KQ) 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.


Kenya Airways Pretax Margin % Related Terms


Kenya Airways Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Kenya Airways'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.

Kenya Airways Pretax Margin % Chart

Kenya Airways Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.34 -34.03 -12.94 2.94 -11.16

Kenya Airways Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Dec25
Pretax 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 -28.89 -1.15 0.69 5.09 0.00

NAI:KQ vs DAL, UAL, LUV: Pretax Margin % Comparison

For the Airlines subindustry, Kenya Airways'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.


Kenya Airways Pretax Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Kenya Airways's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Kenya Airways's Pretax Margin % falls into.


NAI:KQ
63GF Score
Kenya Airways Plc NAI:KQ
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kenya Airways Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Kenya Airways's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-17927/160698
=-11.16 %

Kenya Airways's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=0/0
= %

* 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 Pretax Margin % →
What does a Pretax Margin % of % mean?
Kenya Airways (NAI:KQ) has a Pretax Margin % of % as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Kenya Airways and its competitors. According to the industry distribution chart, Kenya Airways ranks #683 out of 999 companies in the Transportation industry, placing it in the top 68.4%.
Is Kenya Airways' Pretax Margin % too high?
Kenya Airways' current Pretax Margin % is %. Based on the distribution chart, Kenya Airways ranks #683 out of 999 companies in the Transportation industry, which is below the industry midpoint. Overall, Kenya Airways has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kenya Airways' Pretax Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Kenya Airways ranks #683 out of 999 companies for Pretax Margin %. This places Kenya Airways 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 999 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 Kenya Airways 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. Kenya Airways's current Pretax Margin % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenya Airways stock overvalued right now?
Based on GuruFocus' analysis, Kenya Airways (NAI:KQ) is currently considered Significantly Overvalued. The stock's GF Value™ is KES3.71, compared to a current price of KES5.70 — trading 53.6% above its estimated fair value. The current Pretax Margin % is %. Kenya Airways' overall GF Score™ is 63/100 with 7 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 Kenya Airways (NAI:KQ), the current Pretax Margin % is % 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 Kenya Airways (NAI:KQ) Overvalued in 2026?

Based on GuruFocus' analysis, Kenya Airways stock appears to be overvalued. The current stock price of KES5.70 is trading 53.6% above its estimated GF Value™ of KES3.71. GuruFocus considers Kenya Airways to be Significantly Overvalued.

Key valuation signals for NAI:KQ:

  • Pretax Margin %: %
  • GF Value™: KES3.71 vs. price of KES5.70 (53.6% above fair value)
  • GF Score™: 63/100 with 7 warning signs

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


Kenya Airways Business Description

Address Airport North Road, P.O Box 19002, Embakasi, Nairobi, KEN, 00501
Kenya Airways Plc is engaged in the international, regional, and domestic carriage of passengers and cargo by air, the provision of ground handling services to other airlines, and the handling of import and export cargo. The company's segments include passengers, freight, mail, handling, and others. It operates domestic flights and flies to Africa, the Middle East, Asia, America, and Europe. The company is engaged in four business segments: Passenger, Freight and Mail, Handling, and Other revenue. Key revenue is generated from the Passenger segment.
63GF Score

Get the complete analysis for NAI:KQ

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

KES5.70
Price
KES3.71
GF Value