Icelandair Group hf (OISE:ICEAIR) Tax Provision: kr1,101 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OISE:ICEAIR Icelandair Group hf OISE:ICEAIR
56 GF Score
Price kr0.77
GF Value kr1.32
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Icelandair Group hf Tax Provision?

Icelandair Group hf OISE:ICEAIR +5.19% 56 Tax Provision is kr1,101 Mil as of Jun. 2026. GuruFocus rates OISE:ICEAIR with a GF Score™ of 56/100 and a GF Value™ of kr1.32 (Possible Value Trap). The stock has 3 warning signs investors should review.

Icelandair Group hf's tax provision for the three months ended in Jun. 2026 was kr894 Mil. Its tax provision for the trailing twelve months (TTM) ended in Jun. 2026 was kr1,101 Mil.

Icelandair Group hf Tax Provision Historical Data

* Premium members only.

The historical data trend for Icelandair Group hf's Tax Provision 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.

Icelandair Group hf Tax Provision Chart

Icelandair Group hf Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,123.51 -741.59 417.90 573.44 1,339.39

Icelandair Group hf Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Provision 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 732.20 -1,830.24 560.34 1,476.26 894.16
OISE:ICEAIR
56GF Score
Icelandair Group hf OISE:ICEAIR
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Icelandair Group hf Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1,101 Mil.

* 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 Tax Provision →
What does a Tax Provision of kr1,101 Mil mean?
Icelandair Group hf (OISE:ICEAIR) has a Tax Provision of kr1,101 Mil as of Jun. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Icelandair Group hf and its competitors.
Is Icelandair Group hf's Tax Provision too high?
Icelandair Group hf's current Tax Provision is kr1,101 Mil. Overall, Icelandair Group hf has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Icelandair Group hf's Tax Provision compare to DAL and UAL?
Icelandair Group hf's Tax Provision of kr1,101 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Transportation company?
A good Tax Provision depends on the Transportation industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Icelandair Group hf and its competitors. Icelandair Group hf's current Tax Provision is kr1,101 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icelandair Group hf stock overvalued right now?
Based on GuruFocus' analysis, Icelandair Group hf (OISE:ICEAIR) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.32, compared to a current price of kr0.77 — trading 41.7% below its estimated fair value. The current Tax Provision is kr1,101 Mil. Icelandair Group hf's overall GF Score™ is 56/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Icelandair Group hf (OISE:ICEAIR), the current Tax Provision is kr1,101 Mil as of Jun. 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 Icelandair Group hf (OISE:ICEAIR) Overvalued in 2026?

Based on GuruFocus' analysis, Icelandair Group hf stock appears to be undervalued. The current stock price of kr0.77 is trading 41.7% below its estimated GF Value™ of kr1.32. GuruFocus considers Icelandair Group hf to be Possible Value Trap.

Key valuation signals for OISE:ICEAIR:

  • Tax Provision: kr1,101 Mil
  • GF Value™: kr1.32 vs. price of kr0.77 (41.7% below fair value)
  • GF Score™: 56/100 with 3 warning signs

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

Icelandair Group hf Business Description

Address Flugvellir 1, Hafnarfjordur, ISL, 221
Icelandair Group hf operates in the international airline sector. Its segment is the Route network, which generates maximum revenue and provides passenger air travel to, from, via, and within Iceland. The Cargo operation offers air-freight services to, from, via, and within Iceland by utilizing capacity within the aircraft of the Icelandair passenger network as well as its own freighter and The Leasing operation, provided by Loftleioir-Icelandic ehf., offers aircraft leasing and consulting services to international passenger airlines and tour operators. The Group operates in North America, which generates maximum revenue, as well as Europe, Iceland, and other regions.
56GF Score

Get the complete analysis for OISE:ICEAIR

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

kr0.77
Price
kr1.32
GF Value