Financials Airbus SE

Equities

AIR

NL0000235190

Aerospace & Defense

Market Closed - Euronext Paris Other stock markets 11:55:00 2025-07-14 EDT			5-day change	1st Jan Change
183.00 ^EUR	-0.12%		+4.34%	+18.23%

07-14	French Defense Sector Rises as Macron Unveils Plan to Double Military Budget	RE
07-14	Wizz Air pulls out of Abu Dhabi as instability wipes out hope of Middle East profits	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	74,714	83,677	92,494
Change	-	4.48%	12.68%	11.37%	5.78%	7.92%	12%	10.54%
EBITDA ¹	4,537	7,190	8,343	8,080	8,207	9,934	11,411	13,047
Change	-	58.47%	16.04%	-3.15%	1.57%	21.04%	14.87%	14.34%
EBIT ¹	1,706	4,865	5,627	5,838	5,354	7,074	8,393	9,840
Change	-	185.17%	15.66%	3.75%	-8.29%	32.12%	18.65%	17.24%
Interest Paid ¹	-620	-315	-250	166	121	-200	-229.5	-343.7
Earnings before Tax (EBT) ¹	-1,130	5,027	5,075	4,769	5,425	6,744	8,423	9,587
Change	-	544.87%	0.95%	-6.03%	13.76%	24.32%	24.89%	13.82%
Net income ¹	-1,133	4,213	4,247	3,789	4,232	5,121	6,319	7,318
Change	-	471.84%	0.81%	-10.78%	11.69%	21.02%	23.38%	15.82%
Announcement Date	2/18/21	2/17/22	2/16/23	2/15/24	2/20/25	-	-	-

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	17,152	17,585	26,809	16,550	20,687	21,199	29,479
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%	26.66%	2.52%	52.45%	-38.27%	25%	2.47%	39.06%
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	2,120	2,263	4,431	1,937	2,848	2,465	4,115
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%	69.62%	6.72%	95.8%	-56.28%	47.03%	-13.45%	66.94%
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	1,545	2,278	2,628	1,769	2,088	3,748	1,560
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%	147.67%	47.42%	15.34%	-32.68%	18%	79.54%	-58.36%
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	1,245	1,251	2,337	1,108	1,596	1,510	2,740
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%	56.95%	0.49%	86.9%	-52.6%	44.04%	-5.39%	81.46%
Announcement Date	7/30/20	10/29/20	2/18/21	4/29/21	7/29/21	10/28/21	2/17/22	5/4/22	7/27/22	10/28/22	2/16/23	5/3/23	7/26/23	11/8/23	2/15/24	4/25/24	7/30/24	10/30/24	2/20/25	4/30/25	-	-	-	-	-	-	-

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	2/18/21	7/29/21	7/27/22	7/26/23	7/30/24

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	-12,104	-15,679	-19,885
Change	-	-77.25%	28.34%	9.18%	336.29%	-202.99%	-29.54%	-26.83%
Announcement Date	2/18/21	2/17/22	2/16/23	2/15/24	2/20/25	-	-	-

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	3,759	3,857	4,022
Change	-	9.61%	27.8%	23.82%	20.26%	2.44%	2.61%	4.27%
Free Cash Flow (FCF) ¹	-7,179	3,515	3,824	4,386	4,463	4,410	5,628	6,728
Change	-	148.96%	8.79%	14.7%	1.76%	-1.19%	27.64%	19.53%
Announcement Date	2/18/21	2/17/22	2/16/23	2/15/24	2/20/25	-	-	-

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%	13.64%	14.11%
EBIT Margin (%)	3.42%	9.33%	9.58%	8.92%	7.73%	9.47%	10.03%	10.64%
EBT Margin (%)	-2.26%	9.64%	8.64%	7.29%	7.84%	9.03%	10.07%	10.36%
Net margin (%)	-2.27%	8.08%	7.23%	5.79%	6.11%	6.85%	7.55%	7.91%
FCF margin (%)	-14.38%	6.74%	6.51%	6.7%	6.45%	5.9%	6.73%	7.27%
FCF / Net Income (%)	633.63%	83.43%	90.04%	115.76%	105.46%	86.1%	89.07%	91.93%
Profitability
ROA	0.95%	3.13%	3.64%	3.76%	3.22%	3.97%	4.83%	5.37%
ROE	17.15%	42.7%	37.89%	28.83%	21.4%	24.64%	25.88%	25.51%
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%	5.03%	4.61%	4.35%
CAPEX / EBITDA (%)	38.77%	26.82%	29.53%	37.76%	44.71%	37.84%	33.8%	30.82%
CAPEX / FCF (%)	-24.5%	54.85%	64.44%	69.56%	82.21%	85.24%	68.52%	59.77%
Items per share
Cash flow per share ¹	-6.921	5.903	7.982	7.931	9.358	10.69	12.46	13.23
Change	-	185.29%	35.23%	-0.65%	18%	14.25%	16.53%	6.16%
Dividend per Share ¹	-	1.5	1.8	1.8	2	2.656	3.09	3.689
Change	-	-	20%	0%	11.11%	32.78%	16.38%	19.37%
Book Value Per Share ¹	8.224	12.05	16.44	22.47	24.88	29.31	34.56	40.67
Change	-	46.52%	36.47%	36.66%	10.72%	17.81%	17.88%	17.68%
EPS ¹	-1.45	5.36	5.4	4.8	5.36	6.578	8.031	9.33
Change	-	469.66%	0.75%	-11.11%	11.67%	22.73%	22.09%	16.17%
Nbr of stocks (in thousands)	783,254	785,848	787,488	789,177	789,377	787,330	787,330	787,330
Announcement Date	2/18/21	2/17/22	2/16/23	2/15/24	2/20/25	-	-	-