Icelandair Group hf (OISE:ICEAIR) Tax Rate %: 18.27% (As of Jun. 2026)

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OISE:ICEAIR Icelandair Group hf OISE:ICEAIR
52 GF Score
Price kr0.75
GF Value kr1.32
Valuation Possible Value Trap
! 4 Warning Signs
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What is Icelandair Group hf Tax Rate %?

Icelandair Group hf OISE:ICEAIR +1.08% 52 Tax Rate % is 18.27% as of Jun. 2026. GuruFocus rates OISE:ICEAIR with a GF Score™ of 52/100 and a GF Value™ of kr1.32 (Possible Value Trap). The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Icelandair Group hf's Tax Expense for the three months ended in Jun. 2026 was kr-889 Mil. Icelandair Group hf's Pre-Tax Income for the three months ended in Jun. 2026 was kr-4,864 Mil. Therefore, Icelandair Group hf's Tax Rate % for the quarter that ended in Jun. 2026 was 18.27%.

Icelandair Group hf Tax Rate % Related Terms

Icelandair Group hf Tax Rate % Historical Data

* Premium members only.

The historical data trend for Icelandair Group hf'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.

Icelandair Group hf Tax Rate % Chart

Icelandair Group hf Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.42 3,350.80 -43.39 18.70 53.21

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 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 -84.61 20.54 11.28 20.85 18.27
OISE:ICEAIR
52GF Score
Icelandair Group hf OISE:ICEAIR
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Icelandair Group hf Tax Rate % Calculation

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

Icelandair Group hf's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=-1331.416/-2502.321
=53.21 %

Icelandair Group hf's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=-888.84/-4864.408
=18.27 %

* 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 18.27% mean?
Icelandair Group hf (OISE:ICEAIR) has a Tax Rate % of 18.27% as of Jun. 2026.
Is Icelandair Group hf's Tax Rate % too high?
Icelandair Group hf's current Tax Rate % is 18.27%. Overall, Icelandair Group hf has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Icelandair Group hf's Tax Rate % compare to DAL and UAL?
Icelandair Group hf's Tax Rate % of 18.27% 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. Icelandair Group hf's current Tax Rate % is 18.27%. 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 kr0.75 — trading 43.3% below its estimated fair value. The current Tax Rate % is 18.27%. Icelandair Group hf's overall GF Score™ is 52/100 with 4 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 Icelandair Group hf (OISE:ICEAIR), the current Tax Rate % is 18.27% 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 kr0.75 is trading 43.3% 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 Rate %: 18.27%
  • GF Value™: kr1.32 vs. price of kr0.75 (43.3% below fair value)
  • GF Score™: 52/100 with 4 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.
52GF Score

Get the complete analysis for OISE:ICEAIR

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

kr0.75
Price
kr1.32
GF Value