1. Japan Stocks

  2. •

    Industrials

  3. •

    Airlines, Airports & Air Services
ANA Holdings Inc.

ANA Holdings Inc.

ALNPF
ANA Holdings Inc.US flagOther OTC
17.94
USD
- -
- -
7.81BMarket Cap
ANA Holdings Inc.
ALNPF
(Other OTC)

Recent

price

17.94

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
5,414.21
5,619.4
4,647.11
4,494.01
4,906.27
5,122.71
5,043.31
5,725.78
6,150.97
5,900.95
1,948.64
2,169.34
3,630.36
4,385.32
4,812.32
5,450.2
2,791.97
Revenue per Share
92.94
112.18
135.13
54.05
112.36
223.56
282.35
417.82
331.04
82.66
-1,082.04
-305.37
190.24
335.09
325.58
362.9
169.37
Basic EPS, GAAP
-31.14
69.77
32.71
46.9
-194.2
-50.16
-49.54
32.83
-238.22
-661.14
-1,142.28
-446.01
707.86
384.27
249.15
388.84
- -
Free Cash Flow per Basic Share
- -
19.98
31.52
40.19
29.97
39.97
49.97
61.04
60.02
75.04
- -
- -
- -
- -
50.04
60.57
- -
Dividend per Share
1,301.15
1,389.43
1,470.49
1,358.41
1,455
1,636.85
1,867.52
2,254.93
2,591.59
2,599.33
1,638.48
753.44
949.27
1,287.43
1,559.7
1,878.49
1,751.82
Book Value per Share
1,802.35
1,922.94
2,212.3
1,942.47
2,056.77
2,042.46
2,386.07
2,454.65
2,851.29
2,819.67
2,412.48
1,509.84
1,663.86
2,023.63
2,148.71
2,910.19
2,511.54
Tangible Book Value per Share
251
251
319
349
349
350
350
344
335
335
374
470
470
469
470
466
377
Basic Weighted Avg Shares
1,357,653
1,411,504
1,483,581
1,570,145
1,713,457
1,791,187
1,765,259
1,971,799
2,058,312
1,974,216
728,683
1,020,324
1,707,484
2,055,928
2,261,856
2,539,233
1,053,199
Sales/Revenue/Turnover
11.85
6.87
7
3.82
5.34
7.6
8.24
8.34
8.02
3.08
-63.78
-16.97
7.03
10.11
8.69
8.56
7.42
Operating Margin (%)
118,440
119,268
124,042
138,906
132,237
149,000
140,530
154,439
163,572
179,745
178,467
159,621
150,385
144,431
150,660
171,013
8,588
Depreciation Expense
23,305
28,178
43,140
18,886
39,239
78,169
98,827
143,887
110,777
27,655
-404,624
-143,628
89,477
157,097
153,027
169,075
63,891
Net Income, GAAP
34.33
55.57
41.02
50.72
48.67
40.04
28.79
25.94
27.39
49.67
- -
- -
21.2
22.71
21.72
23.5
17.09
Effective Tax Rate (%)
1.72
2
2.91
1.2
2.29
4.36
5.6
7.3
5.38
1.4
-55.53
-14.08
5.24
7.64
6.77
6.66
6.07
Profit Margin (%)
24,596
87,674
259,313
122,319
26,106
45,698
94,078
75,413
14,297
40,616
722,897
606,032
667,419
665,762
417,184
659,018
673,483
Working Capital
792,424
836,252
754,533
646,020
609,802
609,105
611,495
698,268
675,662
734,555
1,482,416
1,513,206
1,398,068
1,254,038
972,741
983,282
1,234,110
LT Debt
526,354
554,859
773,100
751,291
803,552
794,900
924,175
1,000,552
1,109,313
1,068,870
1,012,320
803,415
870,391
1,052,627
1,140,095
1,502,633
1,061,179
Total Equity
7.3
2.88
3.83
1.8
2.89
5.11
6.46
6.96
6.38
1.59
- -
- -
3.75
6.39
6.11
6.39
2.58
Return on Invested Capital (%)
2.88
2.85
4.09
2.06
3.44
6.47
7.89
9.99
7.06
1.92
- -
- -
5.2
8.36
8.14
8.89
3.5
Return on Capital (%)
7.49
8.35
10.54
4
7.99
14.47
16.12
20.12
13.48
3.18
-54.59
-29.7
22.35
29.92
22.9
21.03
10.64
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
229,998
- -
148,120
LT Borrowings
1,248,808
- -
1,228,387
LT Finance Leases
5,230
- -
5,723
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
470
- -
470
Market Capitalization
1,661,408
1,096,090
978,713

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
1,701,190
- -
1,641,485
Cash, Cash Equivalents & STI
1,257,806
- -
1,210,849
Accounts Receivable, Net
217,084
- -
223,605
Inventories
53,961
- -
65,862
Total Current Liabilities
1,035,428
- -
968,002
Payables & Accruals
- -
- -
- -
ST Debt
229,998
- -
148,120
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.52%
9.75%
31.8%
Free Cash Flow
-103.65%
-67.16%
54.7%
Net Income, GAAP
-173.25%
-28.67%
10.49%
Sales/Revenue/Turnover
9.75%
30.01%
12.26%
Total Cash Common Dividend
- -
- -
19.98%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
461,026
541,703
540,852
512,347
2,055,928
2025
- -
- -
- -
- -
2,261,856
2026
- -
- -
- -
- -
2,539,233

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
65.51
- -
- -
- -
335.09
2025
- -
- -
- -
- -
325.58
2026
- -
- -
- -
- -
362.9

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
50.04
2026
- -
- -
- -
- -
60.57
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Business
ANA Holdings Inc. operates as Japan's largest airline holding company, overseeing air transportation, airline-related services, travel services, and trade and retail businesses through its subsidiaries including All Nippon Airways Co., Ltd., Peach Aviation, and AirJapan. The company provides scheduled and unscheduled domestic and international passenger flights, cargo and mail transportation; airport passenger and ground handling, maintenance services; development and sale of travel packages and products; as well as import/export of air transportation-related goods and in-store/non-store retailing. Founded on December 27, 1952, and headquartered at Shiodome City Center in Minato-ku, Tokyo, ANA Holdings serves extensive domestic routes within Japan and international networks across Asia, Europe, and the United States, targeting leisure and business passengers, cargo shippers, and travel consumers. In August 2025, ANA Holdings finalized the acquisition of all shares in Nippon Cargo Airlines through a share exchange with Nippon Yusen Kabushiki Kaisha, integrating NCA's eight Boeing 747-8 freighters with ANA's existing fleet to create Japan's largest combination passenger and cargo carrier and the world's 14th largest by cargo transport weight; this enhances global logistics capacity, particularly between Japan, Asia, Europe, and the U.S., while boosting profitability and supply chain resilience. In December 2024, the company acquired the remaining shares in low-cost carrier Peach Aviation from First Eastern Aviation Holdings, making it a wholly owned subsidiary to strengthen its LCC portfolio and support Asian market expansion under its FY2023-FY2025 mid-term strategy.