Financials Airbus SE

Equities

AIR

NL0000235190

Aerospace & Defense

Market Closed - Euronext Paris Other stock markets 09:05:19 12/06/2025 pm IST			Pre-market 12:15:06 pm
162.80 ^EUR	-0.50%		158.78	-2.47%

28/04	Airbus Nears Deal to Buy Spirit AeroSystems Facilities	MT
25/04	Safran says China to exempt jet engines and parts from tariffs	RE

Projected Income Statement: Airbus SE

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	49,912	52,149	58,763	65,446	69,230	74,638	83,645	92,628
Change	-	4.48%	12.68%	11.37%	5.78%	7.81%	12.07%	10.74%
EBITDA ¹	4,537	7,190	8,343	8,080	8,207	9,928	11,398	13,038
Change	-	58.47%	16.04%	-3.15%	1.57%	20.97%	14.81%	14.38%
EBIT ¹	1,706	4,865	5,627	5,838	5,354	7,068	8,382	9,829
Change	-	185.17%	15.66%	3.75%	-8.29%	32.02%	18.58%	17.27%
Interest Paid ¹	-620	-315	-250	166	121	-332.5	-241.3	-363
Earnings before Tax (EBT) ¹	-1,130	5,027	5,075	4,769	5,425	6,804	8,423	9,587
Change	-	544.87%	0.95%	-6.03%	13.76%	25.42%	23.8%	13.82%
Net income ¹	-1,133	4,213	4,247	3,789	4,232	5,127	6,307	7,214
Change	-	471.84%	0.81%	-10.78%	11.69%	21.15%	23.02%	14.37%
Announcement Date	18/02/21	17/02/22	16/02/23	15/02/24	20/02/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	8,317	11,213	19,751	10,460	14,177	10,518	16,994	12,000	12,810	13,309	20,644	11,763	15,900	14,897	22,886	12,830	15,995	15,689	24,716	13,542	16,184	17,519	27,845	16,272	20,816	21,323	29,464
Change	-	34.82%	76.14%	-47.04%	35.54%	-25.81%	61.57%	-29.39%	6.75%	3.9%	55.11%	-43.02%	35.17%	-6.31%	53.63%	-43.94%	24.67%	-1.91%	57.54%	-45.21%	19.51%	8.25%	58.94%	-41.56%	27.93%	2.43%	38.18%
EBITDA ¹	-633	1,443	2,618	-	2,463	1,256	2,180	1,848	1,953	1,320	-	1,268	2,392	1,580	2,840	1,090	1,600	1,972	3,545	1,250	2,005	2,190	4,593	-	-	-	-
Change	-	327.96%	81.43%	-	-	-49.01%	73.57%	-15.23%	5.68%	-32.41%	-	-	88.64%	-33.95%	79.75%	-61.62%	46.79%	23.25%	79.77%	-64.74%	60.42%	9.2%	109.75%	-	-	-	-
EBIT ¹	-1,226	820	1,831	694	2,009	666	1,496	1,263	1,382	836	2,146	773	1,845	1,013	2,207	577	814	1,407	2,556	624	1,461	2,231	2,723	2,259	2,100	5,722	-175
Change	-	166.88%	123.29%	-62.1%	189.48%	-66.85%	124.62%	-15.57%	9.42%	-39.51%	156.7%	-63.98%	138.68%	-45.09%	117.87%	-73.86%	41.07%	72.85%	81.66%	-75.59%	134.21%	52.64%	22.06%	-17.04%	-7.04%	172.48%	-103.06%
Charge d'intérêts	-84	-83	-	-82	-90	-61	-143	-78	-60	-	-	-	-25	-	-65	-213	-33	16	213	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-1,402	-909	1,767	462	2,176	568	1,762	1,595	1,091	560	1,829	539	1,450	954	-	838	-	1,250	2,827	-	-	-	-	-	-	-	-
Change	-	35.16%	294.39%	-73.85%	371%	-73.9%	210.21%	-9.48%	-31.6%	-48.67%	226.61%	-70.53%	169.02%	-34.21%	-	-	-	-	126.16%	-	-	-	-	-	-	-	-
Net income ¹	-1,438	-767	1,553	362	1,869	385	1,578	1,219	682	667	1,679	466	1,060	806	1,457	595	230	983	2,424	793	1,276	1,223	2,350	-	1,442	-	-
Change	-	46.66%	302.48%	-76.69%	416.3%	-79.4%	309.87%	-22.75%	-44.05%	-2.2%	151.72%	-72.25%	127.47%	-23.96%	80.77%	-59.16%	-61.34%	327.39%	146.59%	-67.29%	60.91%	-4.18%	92.16%	-	-	-	-
Announcement Date	30/07/20	29/10/20	18/02/21	29/04/21	29/07/21	28/10/21	17/02/22	04/05/22	27/07/22	28/10/22	16/02/23	03/05/23	26/07/23	08/11/23	15/02/24	25/04/24	30/07/24	30/10/24	20/02/25	30/04/25	-	-	-	-	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 S2	2021 S1	2022 S1	2023 S1	2024 S1
Net sales ¹	30,964	24,637	24,810	27,663	28,825
Change	-	-20.43%	0.7%	11.5%	4.2%
EBITDA	-	-	-	-	-
Change	-	-	-	-	-
EBIT ¹	2,651	2,703	2,645	2,618	1,391
Change	-	1.96%	-2.15%	-1.02%	-46.87%
Charge d'intérêts	-	-	-136	-	-
Earnings before Tax (EBT)	-	-	2,686	-	-
Change	-	-	-	-	-
Net income ¹	-	-	1,901	1,526	825
Change	-	-	-	-19.73%	-45.94%
Announcement Date	18/02/21	29/07/21	27/07/22	26/07/23	30/07/24

¹EUR in Million

Estimates

Forecast Balance Sheet: Airbus SE

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-4,312	-7,643	-5,477	-4,974	11,753	-12,088	-15,652	-19,840
Change	-	-77.25%	28.34%	9.18%	336.29%	-202.85%	-29.48%	-26.76%
Announcement Date	18/02/21	17/02/22	16/02/23	15/02/24	20/02/25	-	-	-

¹EUR in Million

Estimates

Cash Flow Forecast: Airbus SE

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	1,759	1,928	2,464	3,051	3,669	3,819	3,853	3,979
Change	-	9.61%	27.8%	23.82%	20.26%	4.08%	0.9%	3.26%
Free Cash Flow (FCF) ¹	-7,179	3,515	3,824	4,386	4,463	4,399	5,609	6,667
Change	-	148.96%	8.79%	14.7%	1.76%	-1.43%	27.5%	18.86%
Announcement Date	18/02/21	17/02/22	16/02/23	15/02/24	20/02/25	-	-	-

¹EUR in Million

Estimates

Forecast Financial Ratios: Airbus SE

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	9.09%	13.79%	14.2%	12.35%	11.85%	13.3%	13.63%	14.08%
EBIT Margin (%)	3.42%	9.33%	9.58%	8.92%	7.73%	9.47%	10.02%	10.61%
EBT Margin (%)	-2.26%	9.64%	8.64%	7.29%	7.84%	9.12%	10.07%	10.35%
Net margin (%)	-2.27%	8.08%	7.23%	5.79%	6.11%	6.87%	7.54%	7.79%
FCF margin (%)	-14.38%	6.74%	6.51%	6.7%	6.45%	5.89%	6.71%	7.2%
FCF / Net Income (%)	633.63%	83.43%	90.04%	115.76%	105.46%	85.81%	88.93%	92.42%
Profitability
ROA	0.95%	3.13%	3.64%	3.76%	3.22%	3.92%	4.64%	5.14%
ROE	17.15%	42.7%	37.89%	28.83%	21.4%	24.43%	25.62%	25.28%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	1.43x	-	-	-
Debt / Free cash flow	-	-	-	-	2.63x	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	3.52%	3.7%	4.19%	4.66%	5.3%	5.12%	4.61%	4.3%
CAPEX / EBITDA (%)	38.77%	26.82%	29.53%	37.76%	44.71%	38.47%	33.8%	30.52%
CAPEX / FCF (%)	-24.5%	54.85%	64.44%	69.56%	82.21%	86.81%	68.7%	59.68%
Items per share
Cash flow per share ¹	-6.921	5.903	7.982	7.931	9.358	10.65	12.4	13.22
Change	-	185.29%	35.23%	-0.65%	18%	13.83%	16.42%	6.64%
Dividend per Share ¹	-	1.5	1.8	1.8	2	2.604	3.051	3.602
Change	-	-	20%	0%	11.11%	30.21%	17.15%	18.05%
Book Value Per Share ¹	8.224	12.05	16.44	22.47	24.88	29.47	34.68	40.81
Change	-	46.52%	36.47%	36.66%	10.72%	18.44%	17.67%	17.68%
EPS ¹	-1.45	5.36	5.4	4.8	5.36	6.58	8.018	9.21
Change	-	469.66%	0.75%	-11.11%	11.67%	22.77%	21.84%	14.87%
Nbr of stocks (in thousands)	7,83,254	7,85,848	7,87,488	7,89,177	7,89,377	7,87,330	7,87,330	7,87,330
Announcement Date	18/02/21	17/02/22	16/02/23	15/02/24	20/02/25	-	-	-