Air New Zealand (ASX:AIZ) Tax Rate %: 32.20% (As of Dec. 2025)

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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.
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Charlie Tian
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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.

ASX:AIZ Air New Zealand Ltd ASX:AIZ
32 GF Score
Price A$0.35
GF Value A$0.53
Valuation Possible Value Trap
! 6 Warning Signs
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What is Air New Zealand Tax Rate %?

Air New Zealand ASX:AIZ -1.41% 32 Tax Rate % is 32.20% as of Dec. 2025. GuruFocus rates ASX:AIZ with a GF Score™ of 32/100 and a GF Value™ of A$0.53 (Possible Value Trap). The stock has 6 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Air New Zealand's Tax Expense for the six months ended in Dec. 2025 was A$-17 Mil. Air New Zealand's Pre-Tax Income for the six months ended in Dec. 2025 was A$-51 Mil. Therefore, Air New Zealand's Tax Rate % for the quarter that ended in Dec. 2025 was 32.20%.

Air New Zealand Tax Rate % Related Terms

Air New Zealand Tax Rate % Historical Data

* Premium members only.

The historical data trend for Air New Zealand's Tax Rate % 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.

Air New Zealand Tax Rate % Chart

Air New Zealand Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.68 27.04 28.22 34.23 33.33

Air New Zealand Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Tax Rate % 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 30.27 54.05 31.61 41.18 32.20
ASX:AIZ
32GF Score
Air New Zealand Ltd ASX:AIZ
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Air New Zealand Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Air New Zealand's Tax Rate % for the fiscal year that ended in Jun. 2025 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2025 )/Pre-Tax Income (A: Jun. 2025 )
=58.4/175.199
=33.33 %

Air New Zealand's Tax Rate % for the quarter that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2025 )/Pre-Tax Income (Q: Dec. 2025 )
=-16.548/-51.386
=32.20 %

* 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 Rate % →
What does a Tax Rate % of 32.20% mean?
Air New Zealand (ASX:AIZ) has a Tax Rate % of 32.20% as of Dec. 2025.
Is Air New Zealand's Tax Rate % too high?
Air New Zealand's current Tax Rate % is 32.20%. Overall, Air New Zealand has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Air New Zealand's Tax Rate % compare to DAL and UAL?
Air New Zealand's Tax Rate % of 32.20% 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 Rate % for a Transportation company?
A good Tax Rate % depends on the Transportation industry context. However, Tax Rate % 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 Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Air New Zealand's current Tax Rate % is 32.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Air New Zealand (ASX:AIZ) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.53, compared to a current price of A$0.35 — trading 34% below its estimated fair value. The current Tax Rate % is 32.20%. Air New Zealand's overall GF Score™ is 32/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Air New Zealand (ASX:AIZ), the current Tax Rate % is 32.20% as of Dec. 2025. 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 Air New Zealand (ASX:AIZ) Overvalued in 2026?

Based on GuruFocus' analysis, Air New Zealand stock appears to be undervalued. The current stock price of A$0.35 is trading 34% below its estimated GF Value™ of A$0.53. GuruFocus considers Air New Zealand to be Possible Value Trap.

Key valuation signals for ASX:AIZ:

  • Tax Rate %: 32.20%
  • GF Value™: A$0.53 vs. price of A$0.35 (34% below fair value)
  • GF Score™: 32/100 with 6 warning signs

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

Air New Zealand Business Description

Address 185 Fanshawe Street, Air New Zealand House, Auckland, NTL, NZL, 1010
Air New Zealand, majority owned by the New Zealand government, provides air passenger and cargo transport services within New Zealand as well as to and from Australia, the Southwest Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market with around 80% share, although the majority of revenue is derived from international and trans-Tasman activity.
32GF Score

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

A$0.35
Price
A$0.53
GF Value