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Icelandair Valuation Multiples
Discover revenue and EBITDA valuation multiples for Icelandair and similar public comparables like Delta Air Lines, United Airlines, Ryanair, IAG and more.
Icelandair Overview
About Icelandair
Icelandair Group hf through its subsidiaries provides airlines and tourism services in Iceland. The company's segments are Route network, Cargo operation and Leasing operation. It generates maximum revenue from the Route network operations segment. Geographically, it derives maximum revenue from Iceland and also has a presence in North America, West Continental Europe, Scandinavia, the United Kingdom, and Other countries.
Founded
1937
HQ

Employees
3.6K
Website
Sectors
Financials (FY)
Market Cap
—
Icelandair Financials
Icelandair reported last fiscal year revenue of $2B and EBITDA of $202M.
In the same fiscal year, Icelandair generated $376M in gross profit, $202M in EBITDA, and had net loss of ($9M).
Icelandair P&L
In the most recent fiscal year, Icelandair reported revenue of $2B and EBITDA of $202M.
Icelandair expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $2B | XXX | XXX | XXX |
| Gross Profit | — | XXX | $376M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 22% | XXX | XXX | XXX |
| EBITDA | — | XXX | $202M | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 12% | XXX | XXX | XXX |
| EBIT Margin | — | XXX | (2%) | XXX | XXX | XXX |
| Net Profit | — | XXX | ($9M) | XXX | XXX | XXX |
| Net Margin | — | XXX | (1%) | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Icelandair Stock Performance
Icelandair has current market cap of —.
| Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|
| — | — | XXX | XXX | XXX | — |
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Icelandair Financial Valuation Multiples
As of March 25, 2026, Icelandair has market cap of —.
Equity research analysts estimate Icelandair's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 |
|---|
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Icelandair Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Icelandair Margins & Growth Rates
Icelandair's revenue in the last fiscal year grew by 10%.
Icelandair Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | 10% | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 12% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | 19% | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 2% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 23% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Icelandair Public Comps
See public comps and valuation multiples for other Airlines comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Delta Air Lines | XXX | XXX | XXX | XXX | XXX | XXX |
| United Airlines | XXX | XXX | XXX | XXX | XXX | XXX |
| Ryanair | XXX | XXX | XXX | XXX | XXX | XXX |
| IAG | XXX | XXX | XXX | XXX | XXX | XXX |
| Southwest Airlines | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Icelandair M&A Activity
Icelandair acquired XXX companies to date.
Last acquisition by Icelandair was on XXXXXXXX, XXXXX. Icelandair acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Icelandair
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialIcelandair Investment Activity
Icelandair invested in XXX companies to date.
Icelandair made its latest investment on XXXXXXXX, XXXXX. Icelandair invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Icelandair
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Icelandair
| When was Icelandair founded? | Icelandair was founded in 1937. |
| Where is Icelandair headquartered? | Icelandair is headquartered in Iceland. |
| How many employees does Icelandair have? | As of today, Icelandair has over 3K employees. |
| Who is the CEO of Icelandair? | Icelandair's CEO is Bogi Nils Bogason. |
| Is Icelandair publicly listed? | Yes, Icelandair is a public company listed on Nasdaq Iceland. |
| What is the stock symbol of Icelandair? | Icelandair trades under ICEAIR ticker. |
| When did Icelandair go public? | Icelandair went public in 2006. |
| Who are competitors of Icelandair? | Icelandair main competitors are Delta Air Lines, United Airlines, Ryanair, IAG. |
| What is the current revenue of Icelandair? | Icelandair's last fiscal year revenue is $2B. |
| Is Icelandair profitable? | No, Icelandair is not profitable. |
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