| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 95 | 10.3x | 17.8x | Top tier | |
Growth | 28 | 4.6% | 7.1% | Bottom tier | |
Quality | 79 | 19.2% | 4.5% | Top tier | |
Safety | 42 | 2.1x | 2.6x | Around median | |
Capital Return | 22 | — | 2.12% | Bottom tier | |
Momentum | 8 | — | 2.9% | Bottom tier | |
Sentiment | 74 | 4 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Grupo Aeroméxico operates a domestic and international airline network focused on passenger transportation through a fleet that includes Boeing 787, Boeing 737, and Embraer 190 aircraft. Its revenue comes primarily from passenger tickets, particularly premium cabins, with additional sources including Aeromexico Rewards, VIP lounges, charter flights, car rentals, insurance, vacation packages, and the co-branded Aeromexico Inbursa credit card. In Q2 FY2026, premium revenue accounted for 43% of total revenue, up one percentage point year over year and 17 percentage points from 2019, while 39% of passengers participated in the rewards program, up 7 percentage points year over year.
In Q2 FY2026, the company recorded revenue of approximately $1.5 billion, up 30% year over year according to the earnings call, despite capacity growth, measured in available seat miles, of only 1.9%. Gross profit was $181.0 million, equivalent to a calculated gross margin of approximately 12.1%, while net income was a loss of $57.5 million and earnings per share were negative $0.39. In contrast, operating income was $68 million with an operating margin of 5%, while adjusted earnings before interest, taxes, depreciation, and amortization reached $260 million with a margin of 18%.
Revenue for the trailing twelve-month period in 2026 was approximately $5.7 billion, with gross profit of $1.3 billion, net income of $215.4 million, and earnings per share of $1.456. This compares with revenue of $5.4 billion, net income of $351.9 million, and earnings per share of $2.4 in FY2025, illustrating that revenue growth did not prevent a decline in cumulative profitability. The company ended Q2 FY2026 with more than $1 billion in cash and total liquidity exceeding $1.2 billion, in addition to an undrawn $100 million revolving credit facility.
Automated analysis for informational purposes only — not investment advice.
The average analyst target is $20, which is also the highest and lowest target, with a consensus Buy rating; this target is approximately 13% below the 52-week range high of $23.05 and approximately 63% above its low of $12.26. No published price-to-earnings ratio is available in the data, making it difficult to anchor the valuation to a clear earnings multiple despite trailing twelve-month earnings per share in 2026 of approximately $1.456. The Buy consensus should be weighed against the Q2 FY2026 loss, the decline in cumulative net income, and fuel pressure, in addition to the fact that identical high and low targets of $20 do not provide a range reflecting differences among analyst scenarios.
Figures in the text are as of 2026-09-01; the live price is shown at the top of the page.
Revenue was approximately $1.5 billion, up 30% year over year according to the July 14, 2026 call, with TRASM increasing by 10.5% and PRASM by 10%. This was supported by international demand, pricing, and a 43% premium revenue mix, while capacity increased by only 1.9%. In contrast, fuel pressure of approximately $220 million compared with FY2025 led to a net loss of $57.5 million, despite operating income of $68 million and an operating margin of 5%.
The company expects revenue between $1.59 billion and $1.62 billion in Q3 FY2026, with an operating margin in the mid-teens. In Q4 FY2026, it targets revenue growth between 14.5% and 16.5% and an operating margin between 15.5% and 18.5%. FY2026 guidance includes capacity growth between 2% and 3%, revenue growth between 13% and 14%, and an operating margin between 11% and 13%.
In Q2 FY2026, the company faced fuel pressure of approximately $220 million compared with FY2025, including approximately $30 million above the assumptions in its April 2026 guidance. Management said it recovered between 70% and 75% of the impact through pricing and revenue management, compared with a previous target of 50%. Second-half guidance assumes recovery of more than the full remaining impact, but continued fuel volatility could prompt the company to adjust capacity if demand does not support the required pricing.
Premium revenue reached 43% of the mix in Q2 FY2026, up one percentage point year over year and 17 percentage points from 2019. A total of 39% of passengers participated in Aeromexico Rewards, up 7 percentage points year over year, supporting loyalty revenue and revenue quality. The company also launched the Aeromexico Inbursa card, and half of those who had received it by the July 14, 2026 call did not previously have a co-branded credit card.
The company took delivery of two Boeing 787 aircraft and expects an additional aircraft during FY2026, alongside securing approximately ten additional slot pairs in Mexico City during the IATA winter season. Management targets capacity growth between 6.5% and 8% in Q4 FY2026 by utilizing existing aircraft and crews more intensively, without a comparable need to increase fixed costs. The plan includes increasing Seoul service from five to seven flights per week and supporting the Mexico City–Barcelona and Monterrey–Paris routes, which management described as having started strongly.
On August 24, 2026, Grupo Aeroméxico announced its intention to submit a proposal for share repurchases of up to $100 million annually. The data did not describe the program as effective, but instead tied its implementation to approval by the general shareholders' meeting. Any implementation will be subject to Mexican Securities Market Law and the company's bylaws, so the full amount should not be treated as a confirmed capital distribution.
