Copyright © Inderes 2011 - present. All rights reserved.

Finnair

3.63 EUR

+0.39 %

13,437 following
Corporate customer

FIA1S

NASDAQ Helsinki

Transport & Logistics

Industrials

+0.39 %
+25.17 %
+15.53 %
+30.58 %
+13.15 %
+16.40 %
-60.68 %
-65.65 %
-77.64 %

Finnair is a Finnish airline. The company offers a wide range of destinations to and from Europe, and to a large part of the world's continents. The flights are mainly found around the Nordic countries, Europe and Asia. In addition to regular flights, long-haul flights are offered. The company was founded in 1923 and is headquartered in Vantaa, Finland.

Read more
Market cap
743.47M EUR
Turnover
997.21K EUR
P/E (adj.) (26e)
10.04
EV/EBIT (adj.) (26e)
8.9
P/B (26e)
1.07
EV/S (26e)
0.45
Dividend yield-% (26e)
3.03 %
Coverage
Recommendation
Sell
Target price
3.00 EUR
Updated
12.02.2026
Disclaimer
Kaisa Vanha-Perttula
Antti Viljakainen
Antti Viljakainen, Kaisa Vanha-Perttula
Show more
Latest research

Latest analysis report

Released: 12.02.2026

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
24.3
2026

General meeting '26

25.3
2026

Half year dividend

22.4
2026

Interim report Q1'26

Risk
Business risk
Valuation risk
Low
High
ShowingAll content types
Third party research

Finnair: Earnings are climbing again - Evli

Finnair’s Q4 earnings reached a record high especially due to efficient operations. Trends and outlook are now encouraging as the sector should continue to grow at a solid mid single-digit rate this year as well, and Finnair is positioned to see a significant...

Finnair

Join Inderes community

Don't miss out - create an account and get all the possible benefits

Inderes account
Followings and notifications on followed companies
Analyst comments and recommendations
Stock comparison tool & other popular tools
Create account
Third party research

Finnair: Very strong Q4 earnings margin - Evli

Finnair’s EUR 789.5m Q4 revenue was quite close to estimates, but the EUR 61.7m comparable EBIT clearly beat expectations owing to solid operational execution. Finnair’s FY’26 guidance is mostly in line with estimates, however revenue growth outlook ...

Finnair
Third party research

Finnair: Blue skies at least for now - Evli

Finnair reports Q4 results on Feb 11. FY’25 was challenging due to labor issues, but right now the operating environment is mostly quite favorable so that EBIT should rebound well. Yet earnings multiples already reflect the positive trends.

Finnair
Third party research

Finnair: Aiming to capture RASK potential - Evli

Finnair’s strategy update emphasizes RASK more than CASK, which itself wasn’t a big surprise, however the target for unit revenue growth was more ambitious than expected.

Finnair
Forum discussions
Good morning from Finnair! It is a pleasure to share that we announced today a strong Q4 result Revenue remained stable, but the comparable operating result grew by 29%. The Board of Directors proposes a capital repayment of EUR 0.09 per share to shareholders for 2025. This year,...
2/11/2026, 7:14 AM
by Emilia Rannanniemi
12
Greetings to the Finnair thread Finnair’s revenue growth in Q4 fell slightly short of our estimates, increasing by about one percent to EUR 790 million. On the other hand, the company reported an adjusted operating profit of EUR 62 million, representing an excellent adjusted operating...
2/11/2026, 9:41 AM
by Kaisa Vanha-Perttula
7
Specifically speaking about the Dubai route, I definitely agree that the additional capacity brought by Emirates’ daily wide-body aircraft is significant relative to the probable demand/market size. Thus, I would not be at all surprised if the pricing on said route faces pressure...
1/15/2026, 8:41 AM
by Antti Viljakainen
5
Antti and Kaisa’s assessment is likely quite accurate considering the big picture, but I personally don’t believe there is room for two wide-body aircraft daily on the Helsinki-Dubai route. Finnair probably doesn’t have many connecting flights to offer from Dubai, whereas with Emirates...
1/14/2026, 1:16 PM
4
If the Q4 earnings report or yesterday’s related events are too long to wade through, a summary can be found here. It includes a compilation of the questions we received (of which there were an exceptionally high number!) and, of course, the answers to them. If you have any further...
2/12/2026, 11:02 AM
by Emilia Rannanniemi
3
Here is the company report on Finnair from Antti and Kaisa following Q4. Finnair delivered a strong finish in Q4 to a disrupted year marked by industrial action, which, contrary to our expectations, also enabled the return of capital to shareholders. Guidance for the current year...
2/12/2026, 6:03 AM
by Sijoittaja-alokas
3
For comparison, information about Norwegian: Group delivers record results for 2025 and increases dividend For 2025, the Norwegian Group delivered an operating profit (EBIT) of NOK 3.732 million, the highest in the company’s history. The fourth quarter resulted in an operating profit...
2/13/2026, 7:47 AM
by qwerty
2
Read more on our forum
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.