International Consolidated Airlines Group (XMAD:IAG) ROA %: 2.81% (As of Mar. 2026) — 58% Below Median


XMAD:IAG International Consolidated Airlines Group SA XMAD:IAG
64 GF Score
Price €5.57
GF Value €2.69
Valuation Significantly Overvalued
! 5 Warning Signs
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What is International Consolidated Airlines Group ROA %?

International Consolidated Airlines Group XMAD:IAG +2.73% 64 ROA % is 2.81% as of Mar. 2026, which is 58% below its 10-year median of 6.72. GuruFocus rates XMAD:IAG with a GF Score™ of 64/100 and a GF Value™ of €2.69 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,015 Transportation companies, International Consolidated Airlines Group ranks better than 80.99% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. International Consolidated Airlines Group's annualized Net Income for the quarter that ended in Mar. 2026 was €1,204 Mil. International Consolidated Airlines Group's average Total Assets over the quarter that ended in Mar. 2026 was €42,849 Mil. Therefore, International Consolidated Airlines Group's annualized ROA % for the quarter that ended in Mar. 2026 was 2.81%.

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

XMAD:IAG' s ROA % Range Over the Past 10 Years
Min: -21.77   Med: 6.72   Max: 10.53
Current: 8.08

During the past 13 years, International Consolidated Airlines Group's highest ROA % was 10.53%. The lowest was -21.77%. And the median was 6.72%.

XMAD:IAG's ROA % is ranked better than
80.99% of 1015 companies
in the Transportation industry
Industry Median: 3.46 vs XMAD:IAG: 8.08

International Consolidated Airlines Group  (XMAD:IAG) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1204/42849
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1204 / 28724)*(28724 / 42849)
=Net Margin %*Asset Turnover
=4.19 %*0.6704
=2.81 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


International Consolidated Airlines Group ROA % Related Terms


International Consolidated Airlines Group ROA % Historical Data

* Premium members only.

The historical data trend for International Consolidated Airlines Group's ROA % 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 ROA % Chart

International Consolidated Airlines Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.06 1.17 6.90 6.71 7.71

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
ROA % 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 1.61 10.23 12.75 5.97 2.81

XMAD:IAG vs DAL, UAL, LUV: ROA % Comparison

For the Airlines subindustry, International Consolidated Airlines Group's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Transportation Industry

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

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


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

International Consolidated Airlines Group ROA % Calculation

International Consolidated Airlines Group's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=3342/( (43804+42849)/ 2 )
=3342/43326.5
=7.71 %

International Consolidated Airlines Group's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1204/( (42849+0)/ 1 )
=1204/42849
=2.81 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 2.81% mean?
International Consolidated Airlines Group (XMAD:IAG) has a ROA % of 2.81% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on International Consolidated Airlines Group and its competitors. This is 58% below median its historical median of 6.72. According to the industry distribution chart, International Consolidated Airlines Group ranks #193 out of 1015 companies in the Transportation industry, placing it in the top 19%.
Is International Consolidated Airlines Group's ROA % too high?
International Consolidated Airlines Group's current ROA % of 2.81% is 58% below median its 10-year median of 6.72. The Transportation industry median ROA % is 3.46. International Consolidated Airlines Group's value of 2.81% is 18.8% below this industry median. Based on the distribution chart, International Consolidated Airlines Group ranks #193 out of 1015 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, International Consolidated Airlines Group has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Consolidated Airlines Group's ROA % compare to DAL and UAL?
According to the Transportation industry distribution chart, International Consolidated Airlines Group ranks #193 out of 1015 companies for ROA %. This places International Consolidated Airlines Group in the top 19% of its industry — outperforming the majority of peers. The industry median ROA % is 3.46. International Consolidated Airlines Group's value of 2.81% is 18.8% below this benchmark. While the company's 10-year median is 6.72 vs. the industry median of 3.46, 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 ROA % for a Transportation company?
The median ROA % among Transportation companies is 3.46, based on 1,015 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. International Consolidated Airlines Group's current ROA % of 2.81% is 18.8% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on International Consolidated Airlines Group and its competitors. For the Transportation industry, the median ROA % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Consolidated Airlines Group's current ROA % is 2.81%, which is 58% below median its own 10-year median of 6.72. 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?
Based on GuruFocus' analysis, International Consolidated Airlines Group (XMAD:IAG) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.69, compared to a current price of €5.57 — trading 107% above its estimated fair value. The current ROA % is 2.81%, which is 58% below median its 10-year median of 6.72 and 18.8% below the Transportation industry median of 3.46. International Consolidated Airlines Group's overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For International Consolidated Airlines Group (XMAD:IAG), the current ROA % is 2.81% 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 International Consolidated Airlines Group (XMAD:IAG) Overvalued in 2026?

Based on GuruFocus' analysis, International Consolidated Airlines Group stock appears to be overvalued. The current stock price of €5.57 is trading 107% above its estimated GF Value™ of €2.69. GuruFocus considers International Consolidated Airlines Group to be Significantly Overvalued.

Key valuation signals for XMAD:IAG:

  • ROA %: 2.81% (58% below median its 10-year median of 6.72)
  • GF Value™: €2.69 vs. price of €5.57 (107% above fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 18.8% below the Transportation median (#193 of 1015)

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


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

Get the complete analysis for XMAD:IAG

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

€5.57
Price
€2.69
GF Value