Icelandair Group hf (IC:ICEAIR) — Market Cap & Net Worth
Market Cap & Net Worth: Icelandair Group hf (ICEAIR)
Icelandair Group hf (IC:ICEAIR) has a market capitalization of $260.14 Million (Ikr31.91 Billion) as of May 3, 2026. Listed on the IC stock exchange, this Iceland-based company holds position #15531 globally and #16 in its home market, demonstrating a -13.78% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Icelandair Group hf's stock price Ikr0.78 by its total outstanding shares 41120247000 (41.12 Billion). Analyse ICEAIR operating cash flow to see how efficiently the company converts income to cash.
Icelandair Group hf Market Cap History: 2015 to 2026
Icelandair Group hf's market capitalization history from 2015 to 2026. Data shows change from $11.43 Billion to $260.14 Million (-29.49% CAGR).
Icelandair Group hf Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Icelandair Group hf's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.31x
Icelandair Group hf's market cap is 0.31 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $11.43 Billion | $1.14 Billion | $111.32 Million | 10.04x | 102.68x |
| 2016 | $7.60 Billion | $1.28 Billion | $88.82 Million | 5.91x | 85.56x |
| 2017 | $4.88 Billion | $1.42 Billion | $37.44 Million | 3.44x | 130.47x |
| 2018 | $3.21 Billion | $1.51 Billion | -$55.81 Million | 2.13x | N/A |
| 2019 | $2.53 Billion | $1.50 Billion | -$55.67 Million | 1.69x | N/A |
| 2020 | $549.79 Million | $425.71 Million | -$366.57 Million | 1.29x | N/A |
| 2021 | $610.13 Million | $576.67 Million | -$104.30 Million | 1.06x | N/A |
| 2022 | $540.40 Million | $1.26 Billion | -$8.46 Million | 0.43x | N/A |
| 2023 | $447.54 Million | $1.52 Billion | $10.73 Million | 0.29x | 41.72x |
| 2024 | $489.45 Million | $1.57 Billion | -$20.56 Million | 0.31x | N/A |
Competitor Companies of ICEAIR by Market Capitalization
Companies near Icelandair Group hf in the global market cap rankings as of May 3, 2026.
Key companies related to Icelandair Group hf by market ranking:
- Delta Air Lines Inc (NYSE:DAL): Ranked #703 globally with a market cap of $37.84 Billion USD.
- United Airlines Holdings Inc (NASDAQ:UAL): Ranked #888 globally with a market cap of $29.95 Billion USD.
- RYANAIR HLDGS ADR NEW/5 (F:RY4D): Ranked #938 globally with a market cap of $27.87 Billion USD ( €23.84 Billion EUR).
- Ryanair Holdings plc (IR:RYA): Ranked #945 globally with a market cap of $27.57 Billion USD ( €23.58 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #703 | Delta Air Lines Inc | NYSE:DAL | $37.84 Billion | $68.98 |
| #888 | United Airlines Holdings Inc | NASDAQ:UAL | $29.95 Billion | $92.52 |
| #938 | RYANAIR HLDGS ADR NEW/5 | F:RY4D | $27.87 Billion | €51.50 |
| #945 | Ryanair Holdings plc | IR:RYA | $27.57 Billion | €22.42 |
Icelandair Group hf Historical Marketcap From 2015 to 2026
Between 2015 and today, Icelandair Group hf's market cap moved from $11.43 Billion to $ 260.14 Million, with a yearly change of -29.49%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Ikr260.14 Million | -12.42% |
| 2025 | Ikr297.02 Million | -39.32% |
| 2024 | Ikr489.45 Million | +9.36% |
| 2023 | Ikr447.54 Million | -17.18% |
| 2022 | Ikr540.40 Million | -11.43% |
| 2021 | Ikr610.13 Million | +10.98% |
| 2020 | Ikr549.79 Million | -78.28% |
| 2019 | Ikr2.53 Billion | -21.19% |
| 2018 | Ikr3.21 Billion | -34.25% |
| 2017 | Ikr4.88 Billion | -35.73% |
| 2016 | Ikr7.60 Billion | -33.52% |
| 2015 | Ikr11.43 Billion | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Icelandair Group hf was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $260.14 Million USD |
| MoneyControl | $260.14 Million USD |
| MarketWatch | $260.14 Million USD |
| marketcap.company | $260.14 Million USD |
| Reuters | $260.14 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Icelandair Group hf
Icelandair Group hf., together with its subsidiaries, operates in the airline industry in Iceland, North America, Europe, and internationally. It operates through Route Network, Cargo Operation, and Leasing Operations segments. The company offers passenger air travel; airfreight, cargo, and logistics services; and aircraft leasing and consulting services to international passenger airlines and to… Read more