Finnair Oyj

Finnair Oyj

4.11
EUR
-0.12
(-2.86%)
0.41EPS
12.82P/E
1.09BMarket Cap
Oct 27Next Earn

Total Valuation

EUR

As of June 30, 2026, Finnair Oyj carries a market capitalization of 1.09B, placing it among publicly traded companies globally. Its enterprise value stands at 567.67M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap1.09B
Enterprise Value567.67M

Important Dates

Finnair Oyj's next confirmed earnings release is scheduled for October 27, 2026.

Earnings Date10/27/2026

Share Statistics

As of June 30, 2026, Finnair Oyj has 204.85M shares outstanding.

Shares Outstanding204.85M

Valuation Ratios

As of June 30, 2026, Finnair Oyj trades at a trailing price-to-earnings ratio of 12.82. The price-to-sales ratio is 0.34, and the price-to-book ratio stands at 1.34.

PE Ratio12.82
PS Ratio0.34
PB Ratio1.34
P/TBV Ratio1.34
P/FCF Ratio3.50
P/OCF Ratio1.87

Enterprise Valuation

As of June 30, 2026, Finnair Oyj trades at an EV/EBITDA multiple of 1.14 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.17 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 3.64 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Finnair Oyj trades at an EV/FCF ratio of 1.46, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 567.67M versus a market cap of 1.09B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales0.17
EV / EBITDA1.14
EV / EBIT3.64
EV / FCF1.46

Financial Position

As of June 30, 2026, Finnair Oyj maintains a current ratio of 1.09, meaning it holds 1.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 90.30, indicating elevated leverage, while an interest coverage ratio of 6.09 demonstrates adequate ability to service its debt obligations.

Current Ratio1.09
Quick Ratio0.78
Debt / Equity90.30
Debt / EBITDA1.47
Interest Coverage6.09

Financial Efficiency

EUR

Over the twelve months ended June 30, 2026, Finnair Oyj posted a return on equity (ROE) of 12.96, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 6.59 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 2.27, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 8.07, useful for judging operating efficiency across full business cycles. The company generates approximately 578,117.41 in revenue per employee across its workforce of 5,659.75, a quick read on workforce productivity versus industry peers. Inventory turnover of 29.08 indicates how many times Finnair Oyj sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)12.96
Return on Assets (ROA)2.27
Return on Invested Capital (ROIC)6.59
Return on Capital Employed (ROCE)8.07
Revenue Per Employee578,117.41
Employee Count5,659.75
Inventory Turnover29.08

Taxes

EUR

Over the twelve months ended June 30, 2026, Finnair Oyj recorded 21.30M in income tax expense. That works out to an effective tax rate of 19.49, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 109.30M, leaving 87.90M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax21.30M
Effective Tax Rate19.49

Stock Price Statistics

EUR

As of the close on October 22, 2026, Finnair Oyj's stock has gained approximately 46.02% over the past 52 weeks. The 50-day moving average sits at 4.52, while the 200-day moving average is 3.96.

52-Week Price Change46.02%
50-Day Moving Average4.52
200-Day Moving Average3.96

Income Statement

EUR

Over the twelve months ended June 30, 2026, Finnair Oyj generated 3.27B in revenue and converted that into 87.90M in net income, yielding earnings per share of 0.41. EBITDA reached 496.90M, while operating income came in at 53.70M.

Revenue3.27B
Gross Profit388.80M
Operating Income53.70M
Pretax Income109.30M
Net Income87.90M
EBITDA496.90M
EBIT155.80M
Earnings Per Share (EPS)0.41

Balance Sheet

EUR

As of June 30, 2026, Finnair Oyj holds 1.25B in cash and equivalents against 731.40M in total debt, resulting in a net debt position of -234.20M. Total book value stands at 810.00M, with working capital of 141.50M providing operational flexibility.

Cash & Cash Equivalents1.25B
Total Debt731.40M
Net Debt-234.20M
Equity (Book Value)810.00M
Book Value Per Share3.95
Working Capital141.50M

Cash Flow

EUR

Finnair Oyj produced 602.30M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -280.50M in capital expenditures, free cash flow totaled 321.80M - equivalent to 1.52 per share.

Operating Cash Flow602.30M
Capital Expenditures-280.50M
Free Cash Flow321.80M
FCF Per Share1.52

Margins

Over the twelve months ended June 30, 2026, Finnair Oyj posted a gross margin of 11.88, reflecting its pricing power and cost economics. The operating margin of 1.64 and net profit margin of 2.69 provide insight into operational efficiency.

Gross Margin11.88
Operating Margin1.64
Pretax Margin3.34
Profit Margin2.69
EBITDA Margin15.19

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield stands at 28.56, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -2.39, meaning Finnair Oyj raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-2.39
FCF Yield28.56

Stock Splits

Finnair Oyj's most recent stock split took place on March 21, 2024 with a 100:1 split ratio.

Last Split Date3/21/2024
Split Ratio100:1

Scores

As of June 30, 2026, Finnair Oyj has an Altman Z-Score of 0.77, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score0.77