Singapore Airlines Limited (C6L.SI) stock analysis

In our weekly check, Singapore Airlines Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 8, red flags: 2.

About Singapore Airlines Limited

Singapore Airlines Limited is an Industrials company (Airlines, Airports & Air Services) based in Singapore, listed on SES as C6L.SI.

What our checks show for C6L.SI

Red flags

• The dividend takes 126% of profit: little cushion if profit falls.
• The stock has fallen as much as 77% from a peak. Would you have held through that?

Warning signs

• Analysts expect only about 4.7% a year of growth in revenue.
• Analysts expect the net margin to shrink by 0.3 points from today's 5.8%.
• Revenue grew only 4.9% a year over the last 3 years.
• Earnings per share fell 19.6% a year over the last 3 years.
• Net profit fell 18.1% a year over the last 3 years.
• The net margin is only 5.8%: little room if costs rise.
• The stock is still below its previous peak.
• Return on capital (ROCE) is only 7%.

Strengths

• The net margin rose by 18.4 points over 5 years, to 5.8%.
• The gross margin is 17.7% and has risen by 20.3 points: pricing power is holding.
• Operating cash flow is 4.41x net profit: the profit arrives as real cash.
• Free cash flow is 12.6% of revenue: cash for dividends, buybacks or growth.
• A large company: market value $16.5 billion.
• The price moves calmly: 16.6% annual volatility.

Next earnings report: 2026-11-11

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Questions

What grade does Singapore Airlines Limited (C6L.SI) have?

In our weekly check, Singapore Airlines Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 8, red flags: 2. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of C6L.SI stock?

This week's biggest flags for Singapore Airlines Limited: Dividend stretched, Deep past fall, Weak revenue forecast. In total 10 of 25 checks show a warning or a red flag.

What does Singapore Airlines Limited do?

Singapore Airlines Limited is an Industrials company (Airlines, Airports & Air Services) based in Singapore, listed on SES as C6L.SI.

When does Singapore Airlines Limited report earnings next?

The next earnings report is expected on 2026-11-11. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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