International Consolidated Airlines Group (XMAD:IAG) Pretax Margin %: 5.88% (As of Mar. 2026) — 44% Below Median


XMAD:IAG International Consolidated Airlines Group SA XMAD:IAG
64 GF Score
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What is International Consolidated Airlines Group Pretax Margin %?

International Consolidated Airlines Group XMAD:IAG -1.20% 64 Pretax Margin % is 5.88% as of Mar. 2026, which is 44% below its 10-year median of 10.43. GuruFocus rates XMAD:IAG with a GF Score™ of 64/100. The stock has 6 warning signs investors should review. Among 1,005 Transportation companies, International Consolidated Airlines Group ranks better than 70.45% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. International Consolidated Airlines Group's Pre-Tax Income for the three months ended in Mar. 2026 was €422 Mil. International Consolidated Airlines Group's Revenue for the three months ended in Mar. 2026 was €7,181 Mil. Therefore, International Consolidated Airlines Group's pretax margin for the quarter that ended in Mar. 2026 was 5.88%.

The historical rank and industry rank for International Consolidated Airlines Group's Pretax Margin % or its related term are showing as below:

XMAD:IAG' s Pretax Margin % Range Over the Past 10 Years
Min: -100.27   Med: 10.43   Max: 14.37
Current: 14.04


XMAD:IAG's Pretax Margin % is ranked better than
70.45% of 1005 companies
in the Transportation industry
Industry Median: 6.75 vs XMAD:IAG: 14.04

International Consolidated Airlines Group  (XMAD:IAG) 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.


International Consolidated Airlines Group Pretax Margin % Related Terms


International Consolidated Airlines Group Pretax Margin % Historical Data

* Premium members only.

The historical data trend for International Consolidated Airlines Group'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.

International Consolidated Airlines Group Pretax Margin % Chart

International Consolidated Airlines Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -41.48 1.80 10.38 11.10 13.56

International Consolidated Airlines Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.39 17.01 20.04 11.15 5.88

XMAD:IAG vs DAL, UAL, LUV: Pretax Margin % Comparison

For the Airlines subindustry, International Consolidated Airlines Group'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.


International Consolidated Airlines Group Pretax Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, International Consolidated Airlines Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where International Consolidated Airlines Group's Pretax Margin % falls into.


XMAD:IAG
64GF Score
International Consolidated Airlines Group SA XMAD:IAG
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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International Consolidated Airlines Group 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.

International Consolidated Airlines Group'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 )
=4505/33213
=13.56 %

International Consolidated Airlines Group's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=422/7181
=5.88 %

* 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 5.88% mean?
International Consolidated Airlines Group (XMAD:IAG) has a Pretax Margin % of 5.88% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on International Consolidated Airlines Group and its competitors. This is 44% below median its historical median of 10.43. According to the industry distribution chart, International Consolidated Airlines Group ranks #297 out of 1005 companies in the Transportation industry, placing it in the top 29.6%.
Is International Consolidated Airlines Group's Pretax Margin % too high?
International Consolidated Airlines Group's current Pretax Margin % of 5.88% is 44% below median its 10-year median of 10.43. The Transportation industry median Pretax Margin % is 6.75. International Consolidated Airlines Group's value of 5.88% is 12.9% below this industry median. Based on the distribution chart, International Consolidated Airlines Group ranks #297 out of 1005 companies in the Transportation industry, which is above the industry midpoint. Overall, International Consolidated Airlines Group has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does International Consolidated Airlines Group's Pretax Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, International Consolidated Airlines Group ranks #297 out of 1005 companies for Pretax Margin %. This puts International Consolidated Airlines Group in the upper half of its industry. The industry median Pretax Margin % is 6.75. International Consolidated Airlines Group's value of 5.88% is 12.9% below this benchmark. While the company's 10-year median is 10.43 vs. the industry median of 6.75, International Consolidated Airlines Group has consistently been below 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 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. International Consolidated Airlines Group's current Pretax Margin % of 5.88% is 12.9% 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 International Consolidated Airlines Group 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. International Consolidated Airlines Group's current Pretax Margin % is 5.88%, which is 44% below median its own 10-year median of 10.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Consolidated Airlines Group stock overvalued right now?
International Consolidated Airlines Group (XMAD:IAG) has a current Pretax Margin % of 5.88%. The current Pretax Margin % is 5.88%, which is 44% below median its 10-year median of 10.43 and 12.9% below the Transportation industry median of 6.75. International Consolidated Airlines Group's overall GF Score™ is 64/100 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 International Consolidated Airlines Group (XMAD:IAG), the current Pretax Margin % is 5.88% 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.

International Consolidated Airlines Group Business Description

Address Speedbird Way, Waterside (HAA2), PO Box 365, Harmondsworth, GBR, UB7 0GB
International Airlines Group is a European airline group flying under the British Airways, Iberia, Aer Lingus, and Vueling brands. The group's main airport hubs are London Heathrow, London Gatwick, Madrid, Barcelona, and Dublin. Geographically, it derives a majority of its revenue from the United Kingdom.
64GF Score

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