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Korean Air Lines Co., Ltd. (KR:003490)
:003490
South Korea Market
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Korean Air Lines Co., Ltd. (003490) AI Stock Analysis

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KR:003490

Korean Air Lines Co., Ltd.

(003490)

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Neutral 47 (OpenAI - Gpt-5.6Sol)
Rating:47Neutral
Price Target:
$25,167.00
Action:N/A
Date:10/28/26
The score is held down primarily by weakening financial performance (negative net margin, rising leverage, and negative free cash flow) and bearish technicals (below all major moving averages with negative momentum). Valuation is mixed: the dividend yield is supportive, but the negative P/E reflects current losses and reduces valuation visibility.
Positive Factors
Revenue Growth
Positive TTM revenue growth shows that Korean Air continues to expand its top line despite a more difficult profitability environment. Continued demand for passenger and cargo services can support operating scale, preserve network relevance, and provide a foundation for restoring margins over the next several quarters.
Negative Factors
Profitability Deterioration
The shift to a negative net margin and sharply lower EBIT margin shows that revenue growth is not currently translating into durable earnings. Thin operating profitability leaves less room to absorb changes in demand or operating costs and makes near-term profit recovery more important to financial resilience.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Positive TTM revenue growth shows that Korean Air continues to expand its top line despite a more difficult profitability environment. Continued demand for passenger and cargo services can support operating scale, preserve network relevance, and provide a foundation for restoring margins over the next several quarters.
Read all positive factors

Korean Air Lines Co., Ltd. (003490) vs. SPDR S&P 500 ETF (SPY)

Korean Air Lines Co., Ltd. Business Overview & Revenue Model

Company Description
Korean Air Lines Co., Ltd. operates as a comprehensive airline company. Its business activities are segmented into Air Transport, Aerospace, and an 'Hotel and Others' category. The company facilitates both passenger travel and freight delivery. Be...

Korean Air Lines Co., Ltd. Financial Statement Overview

Summary
Revenue is still growing (+4.0% TTM), but profitability deteriorated sharply: net margin is slightly negative (-1.0% TTM) and EBIT margin compressed (~1.3% TTM). Leverage is high and rising (debt-to-equity ~2.34x TTM) and ROE turned negative (~-2.4%). Operating cash flow is positive (~3.74T TTM), but free cash flow is negative (~-0.87T TTM), increasing near-term funding and flexibility risk.
Income Statement
54
Neutral
Balance Sheet
46
Neutral
Cash Flow
41
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue26.41T25.23T17.87T16.11T14.10T9.02T
Gross Profit3.07T3.50T3.76T3.26T3.85T2.10T
EBITDA3.31T3.97T4.15T3.83T4.61T2.93T
Net Income-255.99B779.67B1.32T1.06T1.73T577.68B
Balance Sheet
Total Assets52.82T50.41T47.01T30.39T29.00T26.67T
Cash, Cash Equivalents and Short-Term Investments5.44T5.36T6.73T6.17T6.00T4.13T
Total Debt24.65T22.49T19.43T10.95T11.14T12.51T
Total Liabilities42.06T38.95T36.05T20.58T19.71T19.81T
Stockholders Equity10.51T10.95T10.47T9.53T8.99T6.75T
Cash Flow
Free Cash Flow-867.71B-1.04T1.65T2.18T4.81T3.17T
Operating Cash Flow3.74T3.25T4.56T4.09T5.57T3.51T
Investing Cash Flow-2.16T-2.34T-870.65B-2.41T-2.98T-2.44T
Financing Cash Flow-595.40B-1.31T-2.16T-2.09T-2.70T-1.21T

Korean Air Lines Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price―
Price Trends
50DMA
28616.00
Negative
100DMA
27713.50
Negative
200DMA
26035.00
Positive
Market Momentum
MACD
-979.67
Positive
RSI
41.77
Neutral
STOCH
46.30
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:003490, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 28232.50, equal to the 50-day MA of 28616.00, and equal to the 200-day MA of 26035.00, indicating a neutral trend. The MACD of -979.67 indicates Positive momentum. The RSI at 41.77 is Neutral, neither overbought nor oversold. The STOCH value of 46.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for KR:003490.

Korean Air Lines Co., Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
57
Neutral
₩8.23T-267.94―0.29%7.21%-106.84%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
49
Neutral
₩435.08B-4.06―1.63%11.71%-104.91%
47
Neutral
₩9.80T-39.20―2.82%20.71%-118.52%
43
Neutral
₩204.82B-0.27――27.47%-49.90%
42
Neutral
₩274.16B-3.24―1.42%-0.43%-235.28%
41
Neutral
₩233.05B-1.17―1.85%-1.67%-371.63%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
KR:003490
Korean Air Lines Co., Ltd.
26,550.00
5,056.62
23.53%
KR:089590
JEJUAIR CO., LTD.
5,400.00
-310.00
-5.43%
KR:091810
Trinity Airways
2,010.00
-6,567.07
-76.57%
KR:180640
HANJIN KAL Corp.
123,900.00
19,521.60
18.70%
KR:272450
JIN AIR Co., Ltd.
5,320.00
-1,890.00
-26.21%
KR:298690
Air Busan Co., Ltd.
1,431.00
-399.00
-21.80%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 28, 2026