International Consolidated Airlines Group (XMAD:IAG) ROCE %: 9.91% (As of Mar. 2026)


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 ROCE %?

International Consolidated Airlines Group XMAD:IAG +2.73% 64 ROCE % is 9.91% as of Mar. 2026. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. International Consolidated Airlines Group's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.91%.

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

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

International Consolidated Airlines Group ROCE % Related Terms

International Consolidated Airlines Group ROCE % Historical Data

* Premium members only.

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

International Consolidated Airlines Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.72 6.37 19.48 20.10 21.84

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
ROCE % 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 7.49 30.11 36.23 17.73 9.91
XMAD:IAG
64GF Score
International Consolidated Airlines Group SA XMAD:IAG
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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International Consolidated Airlines Group ROCE % Calculation

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

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=5323/( ( (43804 - 19361) + (42849 - 18548) )/ 2 )
=5323/( (24443+24301)/ 2 )
=5323/24372
=21.84 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=2408/( ( (42849 - 18548) + (0 - 0) )/ 1 )
=2408/( ( 24301 + 0 )/ 1 )
=2408/24301
=9.91 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 9.91% mean?
International Consolidated Airlines Group (XMAD:IAG) has a ROCE % of 9.91% as of Mar. 2026.
Is International Consolidated Airlines Group's ROCE % too high?
International Consolidated Airlines Group's current ROCE % is 9.91%. The Transportation industry median ROCE % is 7.73. International Consolidated Airlines Group's value of 9.91% is 28.2% above this industry median. 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 ROCE % compare to DAL and UAL?
International Consolidated Airlines Group's ROCE % of 9.91% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.73. International Consolidated Airlines Group's value of 9.91% is 28.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Transportation company?
The median ROCE % among Transportation companies is 7.73, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. International Consolidated Airlines Group's current ROCE % of 9.91% is 28.2% above 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median ROCE % is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Consolidated Airlines Group's current ROCE % is 9.91%. 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 ROCE % is 9.91% and 28.2% above the Transportation industry median of 7.73. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For International Consolidated Airlines Group (XMAD:IAG), the current ROCE % is 9.91% 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:

  • ROCE %: 9.91%
  • GF Value™: €2.69 vs. price of €5.57 (107% above fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 28.2% above the Transportation median

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

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

€5.57
Price
€2.69
GF Value