International Consolidated Airlines Group S.A. (IAG.L) stock analysis

In our weekly check, International Consolidated Airlines Group S.A. is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 4, red flags: 3.

About International Consolidated Airlines Group S.A.

International Consolidated Airlines Group S.A. is an Industrials company (Airlines, Airports & Air Services) based in the United Kingdom, listed on LSE as IAG.L.

What our checks show for IAG.L

Red flags

• Analysts expect revenue to shrink about 5.8% a year.
• The stock has fallen as much as 81% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 5.6 years.

Warning signs

• Net debt is 0.6x a year of EBITDA (debt/equity 1.61). That limits room in a downturn and raises refinancing risk.
• Analysts expect earnings per share to shrink about 5.8% a year.
• The price swings a lot: 36.7% annual volatility. Expect large ups and downs.
• Beta 1.32: the stock usually moves more than the market, both up and down.

Strengths

• The net margin rose by 45.2 points over 5 years, to 10.5%.
• The gross margin is 22.1% and has risen by 34.2 points: pricing power is holding.
• Operating cash flow is 1.45x net profit: the profit arrives as real cash.
• Revenue grew 22.8% a year over the last 3 years.
• Earnings per share grew 125% a year over the last 3 years.
• Net profit grew 118% a year over the last 3 years.

Next earnings report: 2026-11-06

Similar companies

LUV · RYAAY · UAL · LTM · PAC · ADP.PA

Questions

What grade does International Consolidated Airlines Group S.A. (IAG.L) have?

In our weekly check, International Consolidated Airlines Group S.A. is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 4, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of IAG.L stock?

This week's biggest flags for International Consolidated Airlines Group S.A.: Weak revenue forecast, Deep past fall, Slow recovery after falls. In total 7 of 25 checks show a warning or a red flag.

What does International Consolidated Airlines Group S.A. do?

International Consolidated Airlines Group S.A. is an Industrials company (Airlines, Airports & Air Services) based in the United Kingdom, listed on LSE as IAG.L.

When does International Consolidated Airlines Group S.A. report earnings next?

The next earnings report is expected on 2026-11-06. 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 2026-10-24

Open the full analysis