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Korean Air Lines Co Ltd
KRX:003490

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Korean Air Lines Co Ltd Logo
Korean Air Lines Co Ltd
KRX:003490
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Price: 23 200 KRW -6.07% Market Closed
Market Cap: ₩8.6T

Operating Margin

4.4%
Current
Declining
by 6.6%
vs 3-y average of 11.1%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
4.4%
=
Operating Income
₩1.1T
/
Revenue
₩25.2T

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
4.4%
=
Operating Income
₩1.1T
/
Revenue
₩25.2T

Peer Comparison

Country Company Market Cap Operating
Margin
KR
Korean Air Lines Co Ltd
KRX:003490
8.5T KRW
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US
Delta Air Lines Inc
NYSE:DAL
43.6B USD
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US
United Airlines Holdings Inc
NASDAQ:UAL
29.9B USD
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CH
Kinarus Therapeutics Holding AG
SIX:KNRS
19.5B CHF
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UK
International Consolidated Airlines Group SA
LSE:IAG
17.1B GBP
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IE
Ryanair Holdings PLC
LSE:RYA
15.4B EUR
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US
Southwest Airlines Co
NYSE:LUV
19.4B USD
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CN
Air China Ltd
SSE:601111
120B CNY
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IN
Interglobe Aviation Ltd
NSE:INDIGO
1.6T INR
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SG
Singapore Airlines Ltd
SGX:C6L
20.8B SGD
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CN
China Southern Airlines Co Ltd
SSE:600029
104B CNY
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Market Distribution

In line with most companies in Korea
Percentile
60th
Based on 2 615 companies
60th percentile
4.4%
Low
-163 055.6% — -2.2%
Typical Range
-2.2% — 6.8%
High
6.8% — 22 874.8%
Distribution Statistics
Korea
Min -163 055.6%
30th Percentile -2.2%
Median 2.7%
70th Percentile 6.8%
Max 22 874.8%

Korean Air Lines Co Ltd
Glance View

Market Cap
8.6T KRW
Industry
Airlines

In the bustling skies of global aviation, Korean Air Lines Co Ltd stands as a prominent figure, weaving its legacy since its inception in 1969. Born out of the need to connect South Korea with the world, the airline has grown from a regional player into a major international carrier. Headquartered in Seoul, it operates from its main hub at Incheon International Airport. This strategic position allows Korean Air to offer a wide array of flight services, spanning over 126 destinations across 44 countries. Beyond mere transportation, the airline has curated a reputation for excellence in service, aiming to deliver a premium flying experience marked by hospitality and efficiency. Moreover, Korean Air extends its operations into cargo services, recognizing the increasing demand for expedited, reliable logistics solutions in a globalized market. The lifeblood of Korean Air's business model flows through its diverse revenue streams. Passenger fares form the cornerstone of its income, driven by both its international and domestic routes. However, the sheer volume of goods transported by its dedicated cargo fleet significantly contributes to the company's bottom line. Additionally, the airline benefits from various ancillary services, including in-flight sales, seat upgrades, and partnerships within the aviation industry, such as code-sharing agreements and alliances, most notably with the SkyTeam alliance. By diversifying its operations and maintaining a robust network, Korean Air adeptly navigates the cyclical nature of the aviation sector, balancing the potential for high returns with the inherent risks associated with fluctuating fuel prices and global economic shifts.

Intrinsic Value
59 058.33 KRW
Undervaluation 61%
Intrinsic Value
Price ₩23 200
What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
4.4%
=
Operating Income
₩1.1T
/
Revenue
₩25.2T
What is Korean Air Lines Co Ltd's current Operating Margin?

The current Operating Margin for Korean Air Lines Co Ltd is 4.4%, which is below its 3-year median of 11.1%.

How has Operating Margin changed over time?

Over the last 3 years, Korean Air Lines Co Ltd’s Operating Margin has decreased from 20.1% to 4.4%. During this period, it reached a low of 4.4% on Jan 1, 2026 and a high of 20.1% on Dec 31, 2022.

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