Financials Airbus SE

Equities

AIR

NL0000235190

Aerospace & Defense

Market Closed - Euronext Paris Other stock markets 11:35:31 2024-12-04 am EST			After market 04:00:00 pm
154.22 ^EUR	+1.41%		153.96	-0.17%

06:19pm	Airbus cuts just over 2,000 jobs in Defence and Space, sources say	RE
Dec. 03	Airbus Delivers Aircraft to Icelandair Group	MT

Projected Income Statement: Airbus SE

income-statement-evolution-chart AIRBUS-SE

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	70,478	49,912	52,149	58,763	65,446	68,713	76,241	84,951
Change	-	-29.18%	4.48%	12.68%	11.37%	4.99%	10.96%	11.42%
EBITDA ¹	9,873	4,537	7,190	8,343	8,080	8,002	10,061	11,687
Change	-	-54.05%	58.47%	16.04%	-3.15%	-0.97%	25.74%	16.15%
EBIT ¹	6,946	1,706	4,865	5,627	5,838	5,446	7,367	8,754
Change	-	-75.44%	185.17%	15.66%	3.75%	-6.72%	35.27%	18.83%
Interest Paid ¹	-275	-620	-315	-250	166	-116	-104	-102.5
Earnings before Tax (EBT) ¹	1,064	-1,130	5,027	5,075	4,769	5,084	7,452	8,723
Change	-	-	-	0.95%	-6.03%	6.61%	46.57%	17.05%
Net income ¹	-1,362	-1,133	4,213	4,247	3,789	3,989	5,539	6,536
Change	-	-16.81%	-	0.81%	-10.78%	5.27%	38.86%	18.01%
Announcement Date	2/13/20	2/18/21	2/17/22	2/16/23	2/15/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	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
Net sales ¹	24,310	10,631	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	24,130	14,945	18,687	18,492	27,572
Change	-	-56.27%	-21.77%	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%	53.8%	-38.07%	25.04%	-1.04%	49.1%
EBITDA ¹	3,748	1,109	-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	3,803	-	-	-	-
Change	-	-70.41%	-	-	81.43%	-100%	-	-49.01%	73.57%	-15.23%	5.68%	-32.41%	-100%	-	88.64%	-33.95%	79.75%	-61.62%	46.79%	23.25%	92.87%	-100%	-	-	-
EBIT ¹	2,813	281	-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	2,599	-	-	-	-
Change	-	-90.01%	-	-	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%	84.73%	-100%	-	-	-
Charge d'intérêts	-42	-45	-84	-83	-	-82	-90	-61	-143	-78	-60	-	-	-	-25	-	-65	-213	-33	16	-	-	-	-	-
Earnings before Tax (EBT) ¹	-	-586	-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	2,629	-	-	-	-
Change	-	-	139.25%	-35.16%	-	-73.85%	371%	-73.9%	210.21%	-9.48%	-31.6%	-48.67%	226.61%	-70.53%	169.02%	-34.21%	-100%	-	-100%	-	110.32%	-100%	-	-	-
Net income ¹	-3,548	-481	-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	2,082	-	-	-	-
Change	-	-86.44%	198.96%	-46.66%	-	-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%	111.85%	-100%	-	-	-
Announcement Date	2/13/20	4/29/20	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	-	-	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 S1	2020 S2	2021 S1	2022 S1	2023 S1	2024 S1
Net sales ¹	18,948	30,964	24,637	24,810	27,663	28,825
Change	-	63.42%	-20.43%	0.7%	11.5%	4.2%
EBITDA	-	-	-	-	-	-
Change	-	-	-	-	-	-
EBIT ¹	-945	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)	-1,988	-	-	2,686	-	-
Change	-	-100%	-	-	-100%	-
Net income ¹	-1,919	-	-	1,901	1,526	825
Change	-	-100%	-	-	-19.73%	-45.94%
Announcement Date	7/30/20	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	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-12,534	-4,312	-7,643	-5,477	-4,974	-10,476	-13,782	-17,369
Change	-	-134.4%	-277.25%	-171.66%	-190.82%	-310.62%	-231.56%	-226.03%
Announcement Date	2/13/20	2/18/21	2/17/22	2/16/23	2/15/24	-	-	-

¹EUR in Million

Estimates

Cash Flow Forecast: Airbus SE

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	2,340	1,759	1,928	2,464	3,051	3,038	3,137	3,314
Change	-	-24.83%	9.61%	27.8%	23.82%	-0.42%	3.26%	5.62%
Free Cash Flow (FCF) ¹	1,413	-7,179	3,515	4,680	4,386	3,393	4,743	6,022
Change	-	-608.07%	-148.96%	33.14%	-6.28%	-22.64%	39.78%	26.98%
Announcement Date	2/13/20	2/18/21	2/17/22	2/16/23	2/15/24	-	-	-

¹EUR in Million

Estimates

Forecast Financial Ratios: Airbus SE

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	14.01%	9.09%	13.79%	14.2%	12.35%	11.65%	13.2%	13.76%
EBIT Margin (%)	9.86%	3.42%	9.33%	9.58%	8.92%	7.93%	9.66%	10.3%
EBT Margin (%)	1.51%	-2.26%	9.64%	8.64%	7.29%	7.4%	9.77%	10.27%
Net margin (%)	-1.93%	-2.27%	8.08%	7.23%	5.79%	5.8%	7.26%	7.69%
FCF margin (%)	2%	-14.38%	6.74%	7.96%	6.7%	4.94%	6.22%	7.09%
FCF / Net Income (%)	-103.74%	633.63%	83.43%	110.2%	115.76%	85.06%	85.63%	92.14%
Profitability
ROA	4.11%	0.95%	3.13%	3.64%	3.76%	2.92%	4.62%	5.16%
ROE	60.07%	17.15%	42.7%	37.89%	28.83%	21.74%	25.79%	25.57%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	3.32%	3.52%	3.7%	4.19%	4.66%	4.42%	4.11%	3.9%
CAPEX / EBITDA (%)	23.7%	38.77%	26.82%	29.53%	37.76%	37.97%	31.18%	28.35%
CAPEX / FCF (%)	165.61%	-24.5%	54.85%	52.65%	69.56%	89.54%	66.15%	55.02%
Items per share
Cash flow per share ¹	4.83	-6.921	5.903	7.982	7.931	7.573	9.855	11.01
Change	-	-243.28%	-185.29%	35.23%	-0.65%	-4.5%	30.13%	11.67%
Dividend per Share ¹	-	-	1.5	1.8	1.8	2.14	2.666	3.209
Change	-	-	-	20%	0%	18.89%	24.61%	20.34%
Book Value Per Share ¹	7.638	8.224	12.05	16.44	22.47	24.94	29.79	35.42
Change	-	7.67%	46.52%	36.47%	36.66%	10.96%	19.46%	18.9%
EPS ¹	-1.75	-1.45	5.36	5.4	4.8	4.93	7.012	8.337
Change	-	-17.14%	-469.66%	0.75%	-11.11%	2.7%	42.24%	18.89%
Nbr of stocks (in thousands)	782,573	783,254	785,848	787,488	789,177	790,498	790,498	790,498
Announcement Date	2/13/20	2/18/21	2/17/22	2/16/23	2/15/24	-	-	-