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Icelandair Group hf
ICEX:ICEAIR

Watchlist Manager
Icelandair Group hf
ICEX:ICEAIR
Watchlist
Price: 0.712 ISK -3.52% Market Closed
Market Cap: kr29.3B
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

Operating Cash Flow
+
3Y
+60%
5Y
-
10Y
+24%
Investing Cash Flow
+
3Y
+1%
5Y
-7 702%
10Y
+19%
Financing Cash Flow
+
3Y
-
5Y
-
10Y
-638%

Cash Flow Statement
Icelandair Group hf

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Cash Flow Statement
Currency: USD
Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025 Dec-2025
Operating Cash Flow
Net Income
8
4
(3)
2
29
(85)
(91)
(108)
(134)
(86)
(70)
(62)
(53)
37
43
48
50
38
32
43
51
44
39
43
57
56
48
52
72
67
79
79
96
111
109
113
112
89
76
60
54
38
33
(3)
(38)
(56)
(76)
(85)
(85)
(58)
(243)
(299)
(323)
(376)
(166)
(130)
(149)
(105)
(124)
(66)
(27)
(6)
(5)
5
31
11
1
(12)
(27)
(20)
(5)
7
(4)
(10)
Depreciation & Amortization
46
49
50
52
51
120
116
114
115
54
55
55
55
52
51
53
52
49
50
52
56
59
60
64
67
71
73
75
76
75
75
78
80
84
89
90
96
101
106
113
118
120
123
126
129
133
150
165
180
177
176
187
165
160
145
110
113
113
112
113
114
119
122
130
132
135
139
142
149
154
160
166
170
174
Change in Deffered Taxes
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(2)
0
0
0
0
0
0
0
0
0
0
0
0
(13)
(20)
(5)
0
(26)
(20)
(58)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Stock-Based Compensation
0
3
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Non-Cash Items
(39)
(17)
25
28
32
3
24
35
42
98
75
70
67
30
78
97
26
52
73
64
54
59
65
76
72
67
104
92
46
42
31
35
46
29
62
58
29
20
23
35
26
22
40
41
27
3
(3)
(18)
(4)
28
83
70
200
135
(56)
(62)
(62)
(23)
(12)
(2)
48
42
39
51
44
37
45
46
43
59
53
42
45
43
Cash Taxes Paid
(3)
2
3
3
7
5
0
0
0
1
4
4
(5)
(12)
0
0
0
5
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10
17
10
0
7
3
9
0
(7)
(9)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Cash Interest Paid
0
37
0
0
0
36
0
0
0
25
9
0
0
14
0
0
0
13
0
0
0
0
0
0
0
0
3
5
6
6
5
5
5
8
8
7
7
5
8
11
14
17
18
17
18
24
24
30
38
35
35
32
23
19
17
15
0
18
28
29
35
25
31
35
38
40
38
38
38
38
39
39
41
42
Change in Working Capital
45
24
24
31
11
(4)
(40)
(54)
(9)
6
41
41
12
(2)
(5)
(30)
13
(15)
(22)
3
17
4
(5)
10
18
37
48
32
32
31
27
24
(8)
22
17
49
48
(2)
(19)
(51)
(41)
25
(48)
(48)
(32)
(19)
10
13
(8)
(27)
134
42
(72)
(112)
(262)
(97)
17
66
205
192
27
36
105
83
68
32
23
13
20
28
71
71
98
98
Cash from Operating Activities
60
N/A
61
+1%
96
+58%
112
+17%
123
+10%
33
-73%
8
-75%
(13)
N/A
14
N/A
71
+423%
100
+41%
104
+4%
82
-21%
118
+44%
167
+42%
168
+0%
141
-16%
124
-12%
133
+7%
163
+22%
178
+9%
167
-6%
159
-5%
193
+21%
213
+10%
231
+8%
274
+19%
251
-8%
227
-10%
215
-5%
212
-2%
215
+1%
213
-1%
245
+15%
276
+13%
309
+12%
285
-8%
209
-27%
186
-11%
157
-16%
157
+0%
206
+31%
147
-28%
117
-21%
86
-27%
62
-28%
67
+9%
56
-17%
78
+40%
120
+54%
124
+4%
(21)
N/A
(88)
-318%
(193)
-120%
(316)
-63%
(154)
+51%
(34)
+78%
51
N/A
180
+255%
236
+32%
162
-31%
191
+18%
261
+37%
268
+3%
275
+2%
215
-22%
208
-3%
189
-9%
184
-3%
221
+20%
279
+26%
287
+3%
308
+8%
305
-1%
Investing Cash Flow
Capital Expenditures
(134)
(125)
(99)
(110)
(101)
(71)
(65)
(35)
(27)
(19)
(15)
(20)
(16)
(20)
(46)
(64)
(70)
(72)
(60)
(53)
(52)
(65)
(86)
(93)
(97)
(90)
(77)
(64)
(71)
(90)
(88)
(107)
(128)
(184)
(214)
(276)
(283)
(233)
(223)
(168)
(162)
(155)
(246)
(251)
(266)
(267)
(302)
(290)
(255)
(259)
(110)
(90)
(71)
(43)
(25)
(166)
(171)
(170)
(329)
(208)
(256)
(312)
(187)
(196)
(158)
(134)
(123)
(116)
(117)
(112)
(100)
(89)
(86)
(106)
Other Items
(160)
40
55
11
9
7
(38)
(32)
(52)
(44)
(38)
(47)
(32)
(14)
(46)
(28)
(35)
(41)
(6)
(18)
(23)
(12)
(19)
(10)
(10)
(23)
(30)
(41)
(48)
(40)
(46)
(47)
(48)
(36)
(68)
(30)
(27)
(59)
(45)
(93)
(88)
(74)
(36)
(40)
(49)
137
248
259
292
120
(9)
53
18
40
46
187
191
175
286
112
148
133
(1)
(37)
(76)
(49)
(3)
(61)
(68)
(53)
(82)
(66)
(46)
(72)
Cash from Investing Activities
(293)
N/A
(85)
+71%
(44)
+49%
(99)
-125%
(92)
+7%
(64)
+31%
(104)
-63%
(67)
+36%
(79)
-19%
(63)
+20%
(53)
+16%
(67)
-26%
(48)
+28%
(34)
+29%
(92)
-170%
(93)
0%
(106)
-14%
(112)
-6%
(66)
+41%
(70)
-6%
(75)
-6%
(77)
-3%
(105)
-37%
(104)
+1%
(106)
-3%
(113)
-6%
(106)
+6%
(105)
+1%
(119)
-13%
(130)
-10%
(134)
-3%
(154)
-15%
(176)
-14%
(220)
-25%
(282)
-28%
(306)
-8%
(309)
-1%
(292)
+6%
(268)
+8%
(261)
+3%
(250)
+4%
(228)
+9%
(282)
-23%
(291)
-3%
(315)
-8%
(130)
+59%
(54)
+58%
(31)
+42%
36
N/A
(139)
N/A
(120)
+14%
(37)
+69%
(53)
-45%
(2)
+96%
22
N/A
21
-2%
20
-4%
5
-77%
(43)
N/A
(95)
-121%
(108)
-13%
(179)
-66%
(188)
-5%
(232)
-24%
(233)
0%
(184)
+21%
(126)
+31%
(177)
-40%
(185)
-5%
(165)
+11%
(182)
-11%
(154)
+15%
(132)
+14%
(178)
-34%
Financing Cash Flow
Net Issuance of Common Stock
190
(8)
(4)
(4)
(4)
(2)
0
0
0
2
0
0
0
44
0
0
0
23
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(10)
(15)
(15)
(15)
(13)
(8)
(8)
(7)
0
46
46
46
0
0
166
166
0
0
80
80
98
98
52
52
34
34
0
0
0
0
0
0
0
0
0
1
Net Issuance of Debt
99
21
(24)
(9)
(22)
35
73
60
41
(31)
(45)
(34)
(21)
(47)
(28)
(51)
(58)
(52)
(84)
(60)
(50)
(45)
(31)
(31)
(32)
(34)
(51)
(81)
(75)
(70)
(21)
11
11
4
(20)
(18)
(18)
141
183
183
183
35
35
95
161
164
97
(133)
(162)
(91)
(122)
39
(3)
(87)
(35)
(33)
(41)
(47)
(19)
(26)
(32)
(43)
(26)
(37)
(45)
(57)
(120)
(121)
(116)
(105)
(105)
(108)
(112)
(107)
Cash Paid for Dividends
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(6)
(6)
(6)
0
(12)
(12)
(12)
0
(19)
(19)
(19)
0
(18)
(18)
(18)
0
(27)
(27)
(27)
(32)
(5)
(5)
(5)
0
(7)
(7)
(7)
0
7
7
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other
0
0
0
18
18
0
3
(15)
(13)
2
5
7
2
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Cash from Financing Activities
289
N/A
13
-95%
(27)
N/A
5
N/A
(7)
N/A
33
N/A
74
+125%
45
-39%
29
-36%
(27)
N/A
(40)
-49%
(27)
+31%
(19)
+30%
(0)
+98%
18
N/A
(7)
N/A
(11)
-54%
(29)
-163%
(62)
-114%
(45)
+29%
(35)
+22%
(52)
-48%
(37)
+28%
(43)
-15%
(44)
-2%
(45)
-4%
(63)
-40%
(100)
-59%
(94)
+7%
(89)
+5%
(40)
+55%
(7)
+81%
(7)
+9%
(14)
-114%
(38)
-162%
(45)
-21%
(45)
+1%
114
N/A
140
+24%
163
+16%
162
0%
15
-91%
22
+50%
81
+268%
146
+81%
149
+2%
90
-40%
(87)
N/A
(116)
-33%
(45)
+61%
(76)
-69%
39
N/A
163
+318%
80
-51%
132
+65%
133
+1%
39
-71%
33
-15%
79
+141%
72
-8%
21
-72%
9
-56%
8
-11%
(3)
N/A
(45)
-1 642%
(57)
-25%
(120)
-113%
(121)
0%
(116)
+4%
(105)
+9%
(105)
+1%
(108)
-3%
(112)
-4%
(106)
+6%
Change in Cash
Effect of Foreign Exchange Rates
(0)
(1)
4
8
20
21
15
16
6
1
3
(1)
(5)
(3)
(3)
(3)
(0)
1
(0)
0
0
(1)
0
(0)
0
2
2
2
(2)
(3)
(6)
(5)
(1)
(1)
3
2
4
1
(0)
3
(1)
3
4
(1)
(2)
(3)
(5)
(3)
(2)
(1)
(4)
(3)
(2)
(2)
3
2
0
(1)
(1)
(1)
(2)
(1)
(1)
(1)
1
0
(0)
(0)
0
(0)
1
2
1
24
Net Change in Cash
55
N/A
(12)
N/A
29
N/A
26
-10%
44
+67%
23
-47%
(6)
N/A
(19)
-219%
(31)
-65%
(18)
+44%
10
N/A
9
-14%
10
+10%
80
+745%
90
+12%
65
-28%
24
-64%
(17)
N/A
5
N/A
48
+950%
69
+43%
38
-46%
17
-54%
47
+172%
64
+36%
75
+17%
106
+43%
48
-55%
12
-74%
(7)
N/A
32
N/A
48
+48%
29
-40%
10
-66%
(41)
N/A
(41)
+1%
(65)
-61%
32
N/A
58
+80%
62
+6%
69
+12%
(6)
N/A
(109)
-1 809%
(95)
+13%
(85)
+11%
78
N/A
98
+25%
(66)
N/A
(4)
+94%
(64)
-1 491%
(75)
-17%
(21)
+72%
20
N/A
(117)
N/A
(160)
-36%
2
N/A
26
+1 284%
87
+236%
215
+147%
212
-1%
73
-65%
19
-73%
80
+311%
33
-59%
(3)
N/A
(25)
-712%
(39)
-58%
(109)
-179%
(117)
-7%
(49)
+58%
(7)
+85%
26
N/A
65
+151%
45
-31%
Free Cash Flow
Free Cash Flow
(74)
N/A
(65)
+12%
(3)
+96%
3
N/A
23
+808%
(37)
N/A
(57)
-53%
(48)
+16%
(13)
+72%
52
N/A
85
+64%
84
-2%
66
-22%
98
+49%
121
+24%
104
-14%
71
-32%
53
-25%
74
+40%
110
+50%
127
+15%
102
-20%
74
-28%
100
+36%
117
+17%
141
+20%
197
+40%
187
-5%
156
-17%
125
-19%
123
-2%
108
-13%
85
-21%
61
-28%
62
+1%
33
-46%
3
-92%
(24)
N/A
(37)
-57%
(11)
+70%
(5)
+56%
51
N/A
(99)
N/A
(135)
-36%
(181)
-34%
(205)
-14%
(235)
-14%
(235)
+0%
(178)
+24%
(139)
+22%
14
N/A
(111)
N/A
(159)
-43%
(236)
-48%
(340)
-44%
(320)
+6%
(204)
+36%
(120)
+41%
(149)
-25%
29
N/A
(94)
N/A
(121)
-29%
74
N/A
73
-1%
117
+61%
81
-31%
84
+5%
73
-13%
66
-9%
109
+64%
179
+64%
198
+11%
222
+12%
199
-10%

See Also

Summary
ICEAIR intrinsic value, competitors valuation, and company profile.
DCF Valuation
ICEAIR stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ICEAIR stock valuation using valuation multiples.
Wall Street Estimates
ICEAIR price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ICEAIR stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
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