Loading...
IAG logo

International Consolidated Airlines Group S.A.LSE:IAG Stock Report

Market Cap UK£18.8b
Share Price
UK£4.21
UK£6.02
30.1% undervalued intrinsic discount
1Y26.9%
7D-2.2%
1D
Portfolio Value
View

International Consolidated Airlines Group S.A.

LSE:IAG Stock Report

Market Cap: UK£18.8b

International Consolidated Airlines Group (IAG) Stock Overview

Engages in the provision of passenger and cargo transportation services in the North Atlantic, Latin America, the Caribbean, Europe, Africa, the Middle East, South Asia, the Asia Pacific, and internationally. More details

IAG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance3/6
Financial Health3/6
Dividends2/6

IAG Community Fair Values

Create Narrative

See what 151 others think this stock is worth. Follow their fair value or set your own to get alerts.

International Consolidated Airlines Group S.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for International Consolidated Airlines Group
Historical stock prices
Current Share PriceUK£4.21
52 Week HighUK£4.64
52 Week LowUK£3.03
Beta1.36
1 Month Change7.68%
3 Month Change15.83%
1 Year Change26.86%
3 Year Change163.33%
5 Year Change107.09%
Change since IPO47.65%

Recent News & Updates

Narrative Update May 26

IAG: Dividend And Buyback Plans Will Support Future Repricing Potential

Analysts have slightly lifted the blended price target for International Consolidated Airlines Group, with ongoing revisions in the range of £0.15 to £0.40 per share as they factor in updated fair value estimates, revenue expectations and margin assumptions. Analyst Commentary Recent research on International Consolidated Airlines Group is mixed, but you can see a clear group of bullish analysts who are focusing on valuation support, execution on current plans and potential for revenue growth.
Analysis Article May 11

Earnings Beat: International Consolidated Airlines Group S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Investors in International Consolidated Airlines Group S.A. ( LON:IAG ) had a good week, as its shares rose 3.5% to...
Narrative Update May 06

IAG: Dividend Resumption And Mixed Ratings Will Support Future Earnings Profile

The analyst price target for International Consolidated Airlines Group has been reduced by £0.12. This adjustment reflects a series of recent target cuts from several banks as analysts incorporate updated fair value estimates, discount rates, and assumptions related to revenue growth, profit margins, and future P/E levels.

Recent updates

Narrative Update May 26

IAG: Dividend And Buyback Plans Will Support Future Repricing Potential

Analysts have slightly lifted the blended price target for International Consolidated Airlines Group, with ongoing revisions in the range of £0.15 to £0.40 per share as they factor in updated fair value estimates, revenue expectations and margin assumptions. Analyst Commentary Recent research on International Consolidated Airlines Group is mixed, but you can see a clear group of bullish analysts who are focusing on valuation support, execution on current plans and potential for revenue growth.
Analysis Article May 11

Earnings Beat: International Consolidated Airlines Group S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Investors in International Consolidated Airlines Group S.A. ( LON:IAG ) had a good week, as its shares rose 3.5% to...
Narrative Update May 06

IAG: Dividend Resumption And Mixed Ratings Will Support Future Earnings Profile

The analyst price target for International Consolidated Airlines Group has been reduced by £0.12. This adjustment reflects a series of recent target cuts from several banks as analysts incorporate updated fair value estimates, discount rates, and assumptions related to revenue growth, profit margins, and future P/E levels.
Narrative Update Apr 21

IAG: Dividend Returns And Balance Sheet Repair Will Support Repricing

Analysts have trimmed the average price target for International Consolidated Airlines Group to about £6.10, with recent research citing sector wide target reductions alongside updated assumptions on revenue growth, profit margins, discount rates and future P/E multiples. Analyst Commentary Recent research on International Consolidated Airlines Group shows a cluster of price target revisions that pull the average implied upside closer to £6.10, but the tone is not uniformly cautious.
Narrative Update Apr 07

IAG: Dividend Restart And CFO Transition Will Support Future Earnings Profile

Analysts have trimmed the blended price target for International Consolidated Airlines Group by about £0.04, citing slightly higher discount rate assumptions, a modestly softer profit margin outlook, and updated revenue growth expectations alongside a marginally lower future P/E input. Analyst Commentary Recent Street research on International Consolidated Airlines Group points to a mixed but generally cautious stance on valuation, with several firms revisiting their price targets and ratings to reflect updated assumptions on margins, revenue and risk.
Narrative Update Mar 24

IAG: Dividend Resumption And CFO Succession Will Support Future Shareholder Returns

Analysts have trimmed their blended price target on International Consolidated Airlines Group to about £4.98 from roughly £4.99, reflecting slightly higher assumed discount rates, as well as updated views on revenue growth, profit margins and future P/E. Recent Street research shows a mix of target cuts from Deutsche Bank, RBC and Citi, and an increase from Morgan Stanley, plus a ratings upgrade from Barclays.
Narrative Update Mar 10

IAG: Higher Oil Sensitivity And Management Changes May Constrain Re Rating Potential

International Consolidated Airlines Group's analyst price target has been nudged higher to £4.40. This reflects updated models that factor in revised assumptions on revenue growth, margins and P/E multiples, alongside recent research where analysts highlight potential benefits if fuel costs ease and sentiment toward airline shares improves.
Narrative Update Feb 24

IAG: Higher Fair Value And CFO Succession Will Support Future Shareholder Returns

Analysts have raised their fair value estimate for International Consolidated Airlines Group from approximately £4.73 to around £4.99 per share. This change incorporates updated assumptions, including a slightly lower discount rate, modestly higher revenue growth and profit margin expectations, and a higher future P/E multiple.
Narrative Update Feb 09

IAG: Higher Price Assumptions Will Expose Sensitivity To Execution Risk

Analysts have raised their price target on International Consolidated Airlines Group to £5.00 from £4.75, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and expected future P/E multiples. Analyst Commentary Recent Street research around airlines and other cyclicals shows a mix of optimism and caution, and that split is useful context when you look at International Consolidated Airlines Group.
Analysis Article Feb 04

Is Now An Opportune Moment To Examine International Consolidated Airlines Group S.A. (LON:IAG)?

International Consolidated Airlines Group S.A. ( LON:IAG ) saw a double-digit share price rise of over 10% in the past...
Narrative Update Jan 26

IAG: Higher Multiple Will Test Weaker Margin Assumptions Going Forward

Analysts have nudged their price target on International Consolidated Airlines Group higher, citing a fair value estimate of about 3.63, a slightly lower discount rate of roughly 10.06%, updated assumptions for revenue growth and profit margins, and a higher future P/E of about 8.31 compared with prior inputs. Analyst Commentary Recent research coverage on International Consolidated Airlines Group has included changes to fair value estimates and P/E assumptions, as well as updated views on risk.
Analysis Article Jan 22

Is There An Opportunity With International Consolidated Airlines Group S.A.'s (LON:IAG) 38% Undervaluation?

Key Insights International Consolidated Airlines Group's estimated fair value is UK£6.83 based on 2 Stage Free Cash...
Narrative Update Jan 12

IAG: Heathrow Strength And Capital Returns Will Support Stronger Future Shareholder Returns

Narrative Update Overview The updated analyst price target for International Consolidated Airlines Group moves higher to a range signaled by recent Street research, with targets increasing to £5.00 and £6.20, supported by analysts citing IAG's role as a top pick in European airlines and its dominant position at London Heathrow, alongside modest shifts in fair value estimates, discount rate, revenue growth and profit margin assumptions. Analyst Commentary Recent Street research around International Consolidated Airlines Group has focused on refreshed price targets and the role of the group within the European airline peer set, with views clustering around valuation support and execution risks tied to the broader sector backdrop.
Narrative Update Dec 23

IAG: Heathrow Dominance And Buybacks Will Drive Stronger Future Shareholder Returns

Analysts have nudged their consolidated price target for International Consolidated Airlines Group higher to around GBP 5.00 per share, up from roughly GBP 4.75, citing a modestly lower perceived risk profile, slightly stronger long term profitability, and supportive recent rating and target upgrades from major brokerages. Analyst Commentary Recent research updates on International Consolidated Airlines Group point to a generally constructive stance, with several firms lifting their price targets and highlighting the company as a preferred way to play the European airline recovery.
Analysis Article Dec 10

International Consolidated Airlines Group S.A.'s (LON:IAG) Shares Lagging The Market But So Is The Business

International Consolidated Airlines Group S.A.'s ( LON:IAG ) price-to-earnings (or "P/E") ratio of 6.8x might make it...
Narrative Update Dec 09

IAG: Dominant Heathrow Moat And Buybacks Will Drive Future Upside

Analysts have modestly raised their price targets on International Consolidated Airlines Group, lifting the consensus by about GBP 0.25 per share as they highlight the companys improving fair value, slightly higher future earnings multiples, and strengthened competitive position at London Heathrow, even as long term growth and margin assumptions remain broadly stable. Analyst Commentary Recent research updates on International Consolidated Airlines Group reflect a predominantly constructive stance, with several bullish analysts lifting price targets and reiterating positive ratings as they reassess the group’s earnings power and competitive positioning.
Analysis Article Nov 27

These 4 Measures Indicate That International Consolidated Airlines Group (LON:IAG) Is Using Debt Reasonably Well

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Narrative Update Nov 25

IAG: Dominant Heathrow Position Will Spur Outperformance As Buybacks Continue

Analysts have raised their price target for International Consolidated Airlines Group, with estimates increasing from 475 GBp to as high as 620 GBp. They cite expectations for improved profit margins and steady revenue growth, which support a more favorable outlook for the shares. Analyst Commentary Bullish Takeaways Bullish analysts have increased price targets for International Consolidated Airlines Group, citing improved expectations for future performance.
Narrative Update Nov 10

IAG: Market Position At London Heathrow Will Drive Outperformance This Year

Analysts have slightly increased their price target for International Consolidated Airlines Group, raising it from £4.61 to £4.63 per share. This change is based on improved revenue growth expectations and a stronger strategic position in the European airline sector.
Analysis Article Oct 28

Investors Should Be Encouraged By International Consolidated Airlines Group's (LON:IAG) Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Narrative Update Oct 27

Fleet Modernization And Share Buybacks Will Drive Future Performance

International Consolidated Airlines Group's analyst price target has been raised significantly from £3.90 to £6.20. Analysts cite improved fair value, profit outlook, and the company’s strong position at London Heathrow as drivers of their more optimistic forecast.
Narrative Update Oct 13

Fleet Modernization And Digital Upgrades Will Transform Operations

Analysts have slightly raised their price target for International Consolidated Airlines Group. The fair value estimate has increased from €4.36 to €4.41, largely reflecting updated views on future earnings and sector outlook.
Analysis Article Oct 10

At UK£4.13, Is It Time To Put International Consolidated Airlines Group S.A. (LON:IAG) On Your Watch List?

Today we're going to take a look at the well-established International Consolidated Airlines Group S.A. ( LON:IAG...
Narrative Update Sep 08

Fleet Modernization And Digital Upgrades Will Transform Operations

Analysts have modestly raised International Consolidated Airlines Group’s price target to £4.36 amid expectations of robust demand, particularly for Iberia, and sector-wide earnings strength, though some caution persists around future profit growth and downside risks. Analyst Commentary Bullish analysts cite structural drivers including slot constraints and robust demand growth, particularly at Iberia, as reasons for optimism on International Consolidated Airlines Group.
Analysis Article Sep 07

Benign Growth For International Consolidated Airlines Group S.A. (LON:IAG) Underpins Its Share Price

With a price-to-earnings (or "P/E") ratio of 6.7x International Consolidated Airlines Group S.A. ( LON:IAG ) may be...
Analysis Article Aug 23

Is International Consolidated Airlines Group (LON:IAG) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Narrative Update Aug 07

Fleet Modernization And Digital Upgrades Will Transform Operations

The significant drop in International Consolidated Airlines Group’s forward P/E ratio despite a slight reduction in revenue growth expectations suggests improving earnings prospects or valuation appeal, supporting a marginally higher consensus price target of £4.36. What's in the News Completed repurchase of 161,126,761 shares (3.32% of share capital) for €572 million under the share buyback program.
Analysis Article Aug 05

Results: International Consolidated Airlines Group S.A. Beat Earnings Expectations And Analysts Now Have New Forecasts

LSE:IAG 1 Year Share Price vs Fair Value Explore International Consolidated Airlines Group's Fair Values from the...
Analysis Article Jul 29

International Consolidated Airlines Group (LON:IAG) Is Experiencing Growth In Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Jun 12

We Think International Consolidated Airlines Group S.A.'s (LON:IAG) CEO Compensation Looks Fair

Key Insights International Consolidated Airlines Group's Annual General Meeting to take place on 19th of June Salary of...
User avatar
New Narrative Nov 12

Skyward Ambitions Amidst Turbulence Efficiency Gains Clash With Competitive Pressures

Focus on expanding core markets and investing in efficient aircraft underpins potential revenue growth and improved margins.

Shareholder Returns

IAGGB AirlinesGB Market
7D-2.2%-2.0%-0.7%
1Y26.9%6.0%16.7%

Return vs Industry: IAG exceeded the UK Airlines industry which returned 6% over the past year.

Return vs Market: IAG exceeded the UK Market which returned 16.7% over the past year.

Price Volatility

Is IAG's price volatile compared to industry and market?
IAG volatility
IAG Average Weekly Movement6.3%
Airlines Industry Average Movement7.2%
Market Average Movement5.6%
10% most volatile stocks in GB Market11.7%
10% least volatile stocks in GB Market3.2%

Stable Share Price: IAG has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: IAG's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200965,203Luis Gallego Martinwww.iairgroup.com

International Consolidated Airlines Group S.A., together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the North Atlantic, Latin America, the Caribbean, Europe, Africa, the Middle East, South Asia, the Asia Pacific, and internationally. It operates through British Airways, Iberia, Vueling, Aer Lingus, and IAG Loyalty segments. The company manufactures, repairs, maintains, overhauls, retrofits, repurposes, upgrades aircraft, and aircraft parts and equipment.

International Consolidated Airlines Group S.A. Fundamentals Summary

How do International Consolidated Airlines Group's earnings and revenue compare to its market cap?
IAG fundamental statistics
Market capUK£18.78b
Earnings (TTM)UK£3.00b
Revenue (TTM)UK£28.82b
6.3x
P/E Ratio
0.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IAG income statement (TTM)
Revenue€33.35b
Cost of Revenue€20.35b
Gross Profit€13.00b
Other Expenses€9.54b
Earnings€3.47b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 31, 2026

Earnings per share (EPS)0.78
Gross Margin38.99%
Net Profit Margin10.40%
Debt/Equity Ratio187.9%

How did IAG perform over the long term?

See historical performance and comparison

Dividends

2.0%
Current Dividend Yield
14%
Payout Ratio

Does IAG pay a reliable dividends?

See IAG dividend history and benchmarks
When do you need to buy IAG by to receive an upcoming dividend?
International Consolidated Airlines Group dividend dates
Ex Dividend DateJun 25 2026
Dividend Pay DateJun 29 2026
Days until Ex dividend19 days
Days until Dividend pay date23 days

Does IAG pay a reliable dividends?

See IAG dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/05 04:44
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
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

International Consolidated Airlines Group S.A. is covered by 38 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rafael Bonardell TrianesBanco de Sabadell. S.A.
Eduardo González MartínBanco Santander
Andrew LobbenbergBarclays