IAG Stock Analysis: International Consolidated | MC

Airlines | MC, Spain | Market Cap: 24.721m EUR | 12M Return: 25.3% | Charts, Fundamentals & Technical Analysis

Airline Transportation, Cargo Services, Aircraft Maintenance, Loyalty Rewards
Total Rating 57
Safety 55
Buy Signal -0.16
Airlines
Industry Rotation: -16.2
Market Cap: 28.2B
Avg Turnover: 37.5M
Risk 3d forecast
Volatility32.2%
VaR 5th Pctl5.59%
VaR vs Median5.34%
Reward TTM
Sharpe Ratio0.66
Rel. Str. IBD69.1
Rel. Str. Peer Group47.5
Character TTM
Beta0.899
Beta Downside0.543
Hurst Exponent0.449
Drawdowns 3y
Max DD40.25%
CAGR/Max DD1.06
CAGR/Mean DD5.55
EPS (Earnings per Share) EPS (Earnings per Share) of IAG over the last years for every Quarter: "2021-06": -0.21, "2021-09": -0.12, "2021-12": -0.05, "2022-03": -0.16, "2022-06": 0.03, "2022-09": 0.17, "2022-12": 0.02, "2023-03": -0.02, "2023-06": 0.19, "2023-09": 0.23, "2023-12": 0.1, "2024-03": -0.02, "2024-06": 0.18, "2024-09": 0.26, "2024-12": 0.131, "2025-03": 0.02, "2025-06": 0.24, "2025-09": 0.29, "2025-12": 0.14, "2026-03": 0.04,
EPS CAGR: 25.15%
EPS Trend: 96.6%
Last SUE: 1.18
Qual. Beats: 1
Revenue Revenue of IAG over the last years for every Quarter: 2021-06: 1244, 2021-09: 2709, 2021-12: 3534, 2022-03: 3435, 2022-06: 5916, 2022-09: 7329, 2022-12: 6386, 2023-03: 5889, 2023-06: 7694, 2023-09: 8646, 2023-12: 7224, 2024-03: 6429, 2024-06: 8295, 2024-09: 9329, 2024-12: 8047, 2025-03: 7044, 2025-06: 8862, 2025-09: 9328, 2025-12: 17289.135, 2026-03: 7181,
Rev. CAGR: 15.14%
Rev. Trend: 90.8%
Last SUE: 0.03
Qual. Beats: 0

Warnings

Altman Z'' In Financial Distress Zone

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan +1.7% 2
Feb -1.8% 41
Mar -3.0% 24
Apr +2.5% 27
May -0.3% 10
Jun -3.0% 28
Jul +0.1% 11
Aug -3.8% 27
Sep -4.3% 21
Oct +1.0% 19
Nov +5.2% 21
Dec +0.6% 19

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: IAG International Consolidated

International Consolidated Airlines Group S.A. (IAG) is the parent company of a portfolio of airlines including British Airways, Iberia, Vueling, Aer Lingus, and the IAG Loyalty program. The group provides passenger and cargo transportation services across virtually every major global region, spanning the North Atlantic, Latin America, the Caribbean, Europe, Africa, the Middle East, South Asia, and the Asia Pacific. Operating as a multi-brand holding company is a common structural approach in the airline sector, allowing groups to serve distinct customer segments and price points while sharing costs in areas such as procurement, maintenance, and IT.

Beyond flying passengers and freight, IAGs activities extend across the broader aviation value chain. The group manufactures, repairs, overhauls, and upgrades aircraft and components, and offers a wide range of supporting services including aircraft leasing, ground handling, airport infrastructure development, insurance, tour operations, call centers, and finance. IAG also operates a loyalty rewards currency, an increasingly important revenue stream in the airline industry that generates high-margin ancillary income and deepens customer engagement beyond ticket sales.

IAG was incorporated in 2009 and is headquartered in Harmondsworth, United Kingdom. The company is classified within the Passenger Airlines sub-industry of the GICS Industrials sector, reflecting the capital-intensive nature of the business, which requires significant ongoing investment in fleet assets and is highly exposed to fuel costs, labor agreements, and cyclical demand for air travel.

Headlines to Watch Out For
  • Transatlantic premium leisure demand lifts British Airways ticket revenue
  • Jet fuel costs and currency swings squeeze group margins
  • IAG Loyalty Avios segment expands high-margin recurring revenue
Piotroski VR-10 (Strict) 5.5
Net Income: 4.87b TTM > 0 and > 6% of Revenue
FCF/TA: 0.07 > 0.02 and ΔFCF/TA -0.92 > 1.0
NWC/Revenue: -13.01% < 20% (prev -12.76%; Δ -0.25% < -1%)
CFO/TA 0.15 > 3% & CFO 6.47b > Net Income 4.87b
Net Debt (12.9b) to EBITDA (9.88b): 1.31 < 3
Current Ratio: 0.70 > 1.5 & < 3
Outstanding Shares: last quarter (4.98b) vs 12m ago 1.68% < -2%
Gross Margin: 23.13% > 18% (prev 23.58%; Δ -0.45% > 0.5%)
Asset Turnover: 98.39% > 50% (prev 74.68%; Δ 23.70% > 0%)
Interest Coverage Ratio: 6.62 > 6 (EBIT TTM 7.18b / Interest Expense TTM 1.08b)
Altman Z'' 0.53
A: -0.13 (Total Current Assets 13.0b - Total Current Liabilities 18.6b) / Total Assets 42.9b
B: 0.01 (Retained Earnings 529.8m / Total Assets 42.9b)
C: 0.17 (EBIT TTM 7.18b / Avg Total Assets 43.4b)
D: 0.22 (Book Value of Equity 7.60b / Total Liabilities 35.3b)
Altman-Z'' = 0.53 = B
Beneish M -2.68
DSRI: 1.04 (Receivables 3.92b/2.90b, Revenue 42.7b/32.7b)
GMI: 1.02 (GM 23.58% / 23.13%)
AQI: 1.14 (AQ_t 0.20 / AQ_t-1 0.17)
SGI: 1.30 (Revenue 42.7b / 32.7b)
TATA: -0.04 (NI 4.87b - CFO 6.47b) / TA 42.9b)
Beneish M = -2.68 (Cap -4..+1) = A
What is the price of IAG shares?

As of July 16, 2026, the stock is trading at EUR 5.36 with a total of 2,919,786 shares traded. Over the past week, the price has changed by +0.49%, over one month by +4.07%, over three months by +19.23% and over the past year by +25.27%.

Current recommended Stop Loss: 5.10 (which is 4.9% or 1.7 ATR below the current price).

Is IAG a buy, sell or hold?

International Consolidated has no consensus analysts rating.

International Consolidated (IAG) - Fundamental Data Overview as of 09 July 2026
Market Cap USD = 28.2b (24.7b EUR * 1.1427 EUR.USD)
P/E Trailing = 7.7667
P/E Forward = 9.2851
P/S = 0.7412
P/B = 3.2512
P/EG = 2.6036
Revenue TTM = 42.7b EUR
EBIT TTM = 7.18b EUR
EBITDA TTM = 9.88b EUR
Long Term Debt = 5.62b EUR (from longTermDebt, last quarter)
Short Term Debt = 3.05b EUR (from shortTermDebt, last quarter)
Debt = 21.3b EUR (from shortLongTermDebtTotal, last quarter) + Leases 7.00b
Net Debt = 12.9b EUR (calculated: Debt 21.3b - CCE 8.33b)
Enterprise Value = 37.7b EUR (24.7b + Debt 21.3b - CCE 8.33b)
Interest Coverage Ratio = 6.62 (Ebit TTM 7.18b / Interest Expense TTM 1.08b)
EV/FCF = 12.18x (Enterprise Value 37.7b / FCF TTM 3.09b)
FCF Yield = 8.21% (FCF TTM 3.09b / Enterprise Value 37.7b)
FCF Margin = 7.24% (FCF TTM 3.09b / Revenue TTM 42.7b)
Net Margin = 11.41% (Net Income TTM 4.87b / Revenue TTM 42.7b)
Gross Margin = 23.13% ((Revenue TTM 42.7b - Cost of Revenue TTM 32.8b) / Revenue TTM)
Gross Margin QoQ = 13.05% (prev 24.03%)
Tobins Q-Ratio = 0.88 (Enterprise Value 37.7b / Total Assets 42.9b)
Interest Expense / Debt = 5.10% (Interest Expense 1.08b / Debt 21.3b)
Taxrate = 25.74% (1.69b / 6.55b)
NOPAT = 5.33b (EBIT 7.18b * (1 - 25.74%))
Current Ratio = 0.70 (Total Current Assets 13.0b / Total Current Liabilities 18.6b)
Debt / Equity = 2.80 (Debt 21.3b / totalStockholderEquity, last quarter 7.60b)
Debt / EBITDA = 1.31 (Net Debt 12.9b / EBITDA 9.88b)
Debt / FCF = 4.18 (Net Debt 12.9b / FCF TTM 3.09b)
Total Stockholder Equity = 6.47b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.22% (Net Income 4.87b / Total Assets 42.9b)
RoE = 75.17% (Net Income TTM 4.87b / Total Stockholder Equity 6.47b)
RoCE = 59.35% (EBIT 7.18b / Capital Employed (Equity 6.47b + L.T.Debt 5.62b))
RoIC = 21.11% (NOPAT 5.33b / Invested Capital 25.3b)
WACC = 6.66% (E(24.7b)/V(46.0b) * Re(9.14%) + D(21.3b)/V(46.0b) * Rd(5.10%) * (1-Tc(0.26)))
Discount Rate = 9.14% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -54.04 | Cagr: -2.69%
[DCF] Terminal Value 73.44% ; FCFF base≈3.28b ; Y1≈2.93b ; Y5≈2.45b
[DCF] Fair Price = 5.94 (EV 39.2b - Net Debt 12.9b = Equity 26.3b / Shares 4.42b; r=8.35% [WACC [floored]]; 5y FCF grow -13.10% → 2.50% )
EPS Correlation: 96.64 | EPS CAGR: 25.15% | SUE: 1.18 | # QB: 1
Revenue Correlation: 90.78 | Revenue CAGR: 15.14% | SUE: 0.03 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.17 | Chg30d=-1.99% | Revisions=+0% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.28 | Chg30d=+5.38% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=0.69 | Chg30d=-0.04% | Revisions=-50% | GrowthEPS=-0.4% | GrowthRev=+4.0%
EPS next Year (2027-12-31): EPS=0.80 | Chg30d=+0.18% | Revisions=-17% | GrowthEPS=+15.2% | GrowthRev=+4.5%
[Analyst] Revisions Ratio: -44% (up=1, down=5)