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Icelandair Group hf.ICSE:ICEAIR Stock Report

Market Cap ISK 30.3b
Share Price
n/a
1Y-27.7%
7D-0.07%
1D0.5%
Portfolio Value
View

Icelandair Group hf.

ICSE:ICEAIR Stock Report

Market Cap: ISK 30.3b

Icelandair Group hf (ICEAIR) Stock Overview

Operates in the airline industry in Iceland, North America, Europe, and internationally. More details

ICEAIR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

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Icelandair Group hf. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Icelandair Group hf
Historical stock prices
Current Share PriceISK 0.74
52 Week HighISK 1.24
52 Week LowISK 0.66
Beta0.30
1 Month Change2.15%
3 Month Change1.86%
1 Year Change-27.70%
3 Year Change-60.24%
5 Year Change-49.83%
Change since IPO-97.33%

Recent News & Updates

Recent updates

Analysis Article Oct 30

Investors Give Icelandair Group hf. (ICE:ICEAIR) Shares A 27% Hiding

The Icelandair Group hf. ( ICE:ICEAIR ) share price has fared very poorly over the last month, falling by a substantial...
Analysis Article Sep 30

Icelandair Group hf (ICE:ICEAIR) Has Debt But No Earnings; Should You Worry?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Mar 06

Icelandair Group hf.'s (ICE:ICEAIR) CEO Will Probably Find It Hard To See A Huge Raise This Year

Key Insights Icelandair Group hf to hold its Annual General Meeting on 12th of March Salary of US$452.7k is part of CEO...
Analysis Article Oct 09

Icelandair Group hf.'s (ICE:ICEAIR) Shares Leap 28% Yet They're Still Not Telling The Full Story

Icelandair Group hf. ( ICE:ICEAIR ) shares have continued their recent momentum with a 28% gain in the last month...
Analysis Article Feb 09

Icelandair Group hf's (ICE:ICEAIR) Promising Earnings May Rest On Soft Foundations

Despite announcing strong earnings, Icelandair Group hf.'s ( ICE:ICEAIR ) stock was sluggish. Our analysis uncovered...
Analysis Article Jan 26

Does Icelandair Group hf (ICE:ICEAIR) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jul 27

Revenues Not Telling The Story For Icelandair Group hf. (ICE:ICEAIR)

With a median price-to-sales (or "P/S") ratio of close to 0.4x in the Airlines industry in Iceland, you could be...
Analysis Article May 05

Investors Could Be Concerned With Icelandair Group hf's (ICE:ICEAIR) Returns On Capital

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Analysis Article Jan 06

Is Icelandair Group hf (ICE:ICEAIR) Using Debt Sensibly?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Sep 23

Is Icelandair Group hf (ICE:ICEAIR) Using Debt In A Risky Way?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article May 06

Icelandair Group hf (ICE:ICEAIR) Has Debt But No Earnings; Should You Worry?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Feb 24

Shareholders Will Probably Hold Off On Increasing Icelandair Group hf.'s (ICE:ICEAIR) CEO Compensation For The Time Being

The underwhelming share price performance of Icelandair Group hf. ( ICE:ICEAIR ) in the past three years would have...
Analysis Article Dec 07

Icelandair Group hf (ICE:ICEAIR) Has Debt But No Earnings; Should You Worry?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Dec 07

Does Icelandair Group hf (ICE:ICEAIR) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

ICEAIRIS AirlinesIS Market
7D-0.07%-3.6%0.6%
1Y-27.7%-4.8%10.1%

Return vs Industry: ICEAIR underperformed the IS Airlines industry which returned -4.8% over the past year.

Return vs Market: ICEAIR underperformed the IS Market which returned 10.1% over the past year.

Price Volatility

Is ICEAIR's price volatile compared to industry and market?
ICEAIR volatility
ICEAIR Average Weekly Movement5.0%
Airlines Industry Average Movement5.2%
Market Average Movement2.4%
10% most volatile stocks in IS Market3.6%
10% least volatile stocks in IS Market2.0%

Stable Share Price: ICEAIR's share price has been volatile over the past 3 months compared to the IS market.

Volatility Over Time: ICEAIR's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of IS stocks.

About the Company

FoundedEmployeesCEOWebsite
19373,485Bogi Bogasonwww.icelandairgroup.com

Icelandair Group hf., together with its subsidiaries, operates in the airline industry in Iceland, North America, Europe, and internationally. It operates through three segments: Route Network; Cargo Operation; and Leasing Operation. The company offers passenger air travel; airfreight, cargo, and logistics services; and aircraft leasing and consulting services to international passenger airlines and tour operators.

Icelandair Group hf. Fundamentals Summary

How do Icelandair Group hf's earnings and revenue compare to its market cap?
ICEAIR fundamental statistics
Market capISK 30.33b
Earnings (TTM)-ISK 6.80b
Revenue (TTM)ISK 220.22b
0.1x
P/S Ratio
-4.5x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ICEAIR income statement (TTM)
RevenueUS$1.82b
Cost of RevenueUS$1.07b
Gross ProfitUS$749.79m
Other ExpensesUS$805.88m
Earnings-US$56.09m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

Oct 22, 2026

Earnings per share (EPS)-0.0014
Gross Margin41.28%
Net Profit Margin-3.09%
Debt/Equity Ratio67.5%

How did ICEAIR perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/24 11:07
End of Day Share Price 2026/08/21 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Icelandair Group hf. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.