Icelandair Group hf.

ICSE:ICEAIR Stock Report

Market Cap: ISK 58.8b

Icelandair Group hf Past Earnings Performance

Past criteria checks 0/6

Icelandair Group hf has been growing earnings at an average annual rate of 49.8%, while the Airlines industry saw earnings growing at 42.1% annually. Revenues have been growing at an average rate of 11.1% per year.

Key information

49.8%

Earnings growth rate

68.7%

EPS growth rate

Airlines Industry Growth0.5%
Revenue growth rate11.1%
Return on equity-9.2%
Net Margin-1.8%
Next Earnings Update30 Jan 2025

Recent past performance updates

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

Feb 09
Icelandair Group hf's (ICE:ICEAIR) Promising Earnings May Rest On Soft Foundations

Recent updates

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

Oct 09
Icelandair Group hf.'s (ICE:ICEAIR) Shares Leap 28% Yet They're Still Not Telling The Full Story

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

Feb 09
Icelandair Group hf's (ICE:ICEAIR) Promising Earnings May Rest On Soft Foundations

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

Jan 26
Does Icelandair Group hf (ICE:ICEAIR) Have A Healthy Balance Sheet?

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

Jul 27
Revenues Not Telling The Story For Icelandair Group hf. (ICE:ICEAIR)

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

May 05
Investors Could Be Concerned With Icelandair Group hf's (ICE:ICEAIR) Returns On Capital

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

Jan 06
Is Icelandair Group hf (ICE:ICEAIR) Using Debt Sensibly?

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

Sep 23
Is Icelandair Group hf (ICE:ICEAIR) Using Debt In A Risky Way?

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

May 06
Icelandair Group hf (ICE:ICEAIR) Has Debt But No Earnings; Should You Worry?

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

Feb 24
Shareholders Will Probably Hold Off On Increasing Icelandair Group hf.'s (ICE:ICEAIR) CEO Compensation For The Time Being

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

Dec 07
Icelandair Group hf (ICE:ICEAIR) Has Debt But No Earnings; Should You Worry?

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

Dec 07
Does Icelandair Group hf (ICE:ICEAIR) Have A Healthy Balance Sheet?

Revenue & Expenses Breakdown

How Icelandair Group hf makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ICSE:ICEAIR Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,536-28220
30 Jun 241,544-13250
31 Mar 241,5490250
31 Dec 231,52311250
30 Sep 231,49831300
30 Jun 231,4242290
31 Mar 231,339-8290
31 Dec 221,263-8240
30 Sep 221,164-30210
30 Jun 22934-66170
31 Mar 22679-124160
31 Dec 21577-104130
30 Sep 21437-148110
30 Jun 21284-130100
31 Mar 21272-16570
31 Dec 20426-36790
30 Sep 20692-314150
30 Jun 201,123-290170
31 Mar 201,469-232210
31 Dec 191,502-56240
30 Sep 191,480-83230
30 Jun 191,491-83260
31 Mar 191,483-77280
31 Dec 181,506-56290
30 Sep 181,500-38330
30 Jun 181,492-3310
31 Mar 181,46133300
31 Dec 171,41837300
30 Sep 171,38354290
30 Jun 171,33160300
31 Mar 171,29576300
31 Dec 161,28589290
30 Sep 161,258112280
30 Jun 161,201113270
31 Mar 161,164109250
31 Dec 151,138111240
30 Sep 151,11497240
30 Jun 151,10479340
31 Mar 151,10877240
31 Dec 141,11364240
30 Sep 141,11970220
30 Jun 141,07249210
31 Mar 141,04048210
31 Dec 131,02256210

Quality Earnings: ICEAIR is currently unprofitable.

Growing Profit Margin: ICEAIR is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ICEAIR is unprofitable, but has reduced losses over the past 5 years at a rate of 49.8% per year.

Accelerating Growth: Unable to compare ICEAIR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ICEAIR is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (14.7%).


Return on Equity

High ROE: ICEAIR has a negative Return on Equity (-9.23%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 14:33
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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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 .

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.

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