Grupo AeromexicoB de CV (MEX:AERO) ROIC %: 6.51% (As of Mar. 2026)


MEX:AERO Grupo Aeromexico SAB de CV MEX:AERO
8 GF Score
Price MXN167.00
! 6 Warning Signs
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What is Grupo AeromexicoB de CV ROIC %?

Grupo AeromexicoB de CV MEX:AERO 8 ROIC % is 6.51% as of Mar. 2026. GuruFocus rates MEX:AERO with a GF Score™ of 8/100. The stock has 6 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Grupo AeromexicoB de CV's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 6.51%.

As of today (2026-07-06), Grupo AeromexicoB de CV's WACC % is 10.50%. Grupo AeromexicoB de CV's ROIC % is 10.23% (calculated using TTM income statement data). Grupo AeromexicoB de CV earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Grupo AeromexicoB de CV  (MEX:AERO) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Grupo AeromexicoB de CV's WACC % is 10.50%. Grupo AeromexicoB de CV's ROIC % is 10.23% (calculated using TTM income statement data). Grupo AeromexicoB de CV earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of 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.


Grupo AeromexicoB de CV ROIC % Related Terms


Grupo AeromexicoB de CV ROIC % Historical Data

* Premium members only.

The historical data trend for Grupo AeromexicoB de CV's ROIC % 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.

Grupo AeromexicoB de CV ROIC % Chart

Grupo AeromexicoB de CV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.87 0.00 11.00 16.95 10.43

Grupo AeromexicoB de CV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 6.73 10.96 12.14 11.82 6.51

MEX:AERO vs JBLU, ALGT, ULCC: ROIC % Comparison

For the Airlines subindustry, Grupo AeromexicoB de CV's ROIC %, along with its competitors' market caps and ROIC % 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.


Grupo AeromexicoB de CV ROIC % vs Transportation Industry

For the Transportation industry and Industrials sector, Grupo AeromexicoB de CV's ROIC % distribution charts can be found below:

* The bar in red indicates where Grupo AeromexicoB de CV's ROIC % falls into.


MEX:AERO
8GF Score
Grupo Aeromexico SAB de CV MEX:AERO
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Grupo AeromexicoB de CV ROIC % Calculation

Grupo AeromexicoB de CV's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=15135.357 * ( 1 - 15% )/( (129462.967 + 117310.575)/ 2 )
=12865.05345/123386.771
=10.43 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=133133.716 - 35925.007 - ( 17007.74 - max(0, 66596.067 - 34341.809+17007.74))
=129462.967

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=129516.639 - 32306.583 - ( 17946.479 - max(0, 55744.531 - 35644.012+17946.479))
=117310.575

Grupo AeromexicoB de CV's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=10314.704 * ( 1 - 15.38% )/( (117310.575 + 150825.503)/ 2 )
=8728.3025248/134068.039
=6.51 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=129516.639 - 32306.583 - ( 17946.479 - max(0, 55744.531 - 35644.012+17946.479))
=117310.575

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=130484.617 - 0 - ( 18844.172 - max(0, 57903 - 37562.114+18844.172))
=150825.503

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of 6.51% mean?
Grupo AeromexicoB de CV (MEX:AERO) has a ROIC % of 6.51% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Grupo AeromexicoB de CV and its competitors.
Is Grupo AeromexicoB de CV's ROIC % too high?
Grupo AeromexicoB de CV's current ROIC % is 6.51%. The Transportation industry median ROIC % is 4.69. Grupo AeromexicoB de CV's value of 6.51% is 38.8% above this industry median. Overall, Grupo AeromexicoB de CV has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Grupo AeromexicoB de CV's ROIC % compare to JBLU and ALGT?
Grupo AeromexicoB de CV's ROIC % of 6.51% can be compared against companies in the Transportation industry. The industry median ROIC % is 4.69. Grupo AeromexicoB de CV's value of 6.51% is 38.8% 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 ROIC % for a Transportation company?
The median ROIC % among Transportation companies is 4.69, based on 988 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grupo AeromexicoB de CV's current ROIC % of 6.51% is 38.8% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Grupo AeromexicoB de CV and its competitors. For the Transportation industry, the median ROIC % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo AeromexicoB de CV's current ROIC % is 6.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo AeromexicoB de CV stock overvalued right now?
Grupo AeromexicoB de CV (MEX:AERO) has a current ROIC % of 6.51%. The current ROIC % is 6.51% and 38.8% above the Transportation industry median of 4.69. Grupo AeromexicoB de CV's overall GF Score™ is 8/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Grupo AeromexicoB de CV (MEX:AERO), the current ROIC % is 6.51% 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.

Grupo AeromexicoB de CV Business Description

Other Exchanges AERO:USAT9A:Germany
Address Avenida Paseo de la Reforma 243, 25th Floor, Colonia Cuauhtemoc, Mexico City, MEX, 06500
Grupo Aeromexico SAB de CV engages in providing air transport services for passengers, goods, and cargo, as well as loyalty program services, training and management services, franchise systems commercialization, and the management of investment in shares. Its services include passenger and cargo transportation, the Club Premier loyalty program, training, charter services, and other aviation-related activities. The company operates through a single operating segment, air transportation, and its geographical presence includes both domestic and international markets, with the majority of revenue coming from the international market.
8GF Score

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