(AIR) Airbus SE - Overview

Exchange: PA • Country: Netherlands • Currency: EUR • Type: Common Stock • ISIN: NL0000235190

Stock: Commercial Aircraft, Helicopters, Military Aircraft, Satellites, Launchers

Total Rating 60
Risk 81
Buy Signal 0.03

EPS (Earnings per Share)

EPS (Earnings per Share) of AIR over the last years for every Quarter: "2020-12": 1.68, "2021-03": 0.58, "2021-06": 1.79, "2021-09": 0.58, "2021-12": 1.38, "2022-03": 1.34, "2022-06": 1.26, "2022-09": 0.77, "2022-12": 1.98, "2023-03": 1.08, "2023-06": 1.9, "2023-09": 1.21, "2023-12": 1.77, "2024-03": 0.71, "2024-06": 0.79, "2024-09": 1.33, "2024-12": 2.34, "2025-03": 0.67, "2025-06": 0.93, "2025-09": 1.82,

Revenue

Revenue of AIR over the last years for every Quarter: 2020-12: 19751, 2021-03: 10460, 2021-06: 14177, 2021-09: 10518, 2021-12: 16994, 2022-03: 12000, 2022-06: 12810, 2022-09: 13309, 2022-12: 20644, 2023-03: 11763, 2023-06: 15900, 2023-09: 14897, 2023-12: 22886, 2024-03: 12830, 2024-06: 15995, 2024-09: 15689, 2024-12: 24716, 2025-03: 13542, 2025-06: 16068, 2025-09: 17826,

Dividends

Dividend Yield 2.25%
Yield on Cost 5y 3.42%
Yield CAGR 5y 25.99%
Payout Consistency 74.8%
Payout Ratio 31.3%
Risk 5d forecast
Volatility 22.8%
Relative Tail Risk -5.45%
Reward TTM
Sharpe Ratio 0.50
Alpha 10.34
Character TTM
Beta 0.225
Beta Downside 0.418
Drawdowns 3y
Max DD 25.08%
CAGR/Max DD 0.73

Description: AIR Airbus SE January 27, 2026

Airbus SE (ticker AIR) operates through three core divisions: the Airbus commercial-aircraft business, Airbus Helicopters, and Airbus Defence and Space. The commercial segment designs, builds, and sells passenger, freighter, and regional turboprop aircraft as well as components and conversion services. Airbus Helicopters supplies civil and military rotorcraft and related support, while the Defence and Space arm delivers manned and unmanned military systems, satellite and launch services, and cyber-security solutions.

According to the 2023 annual report, Airbus generated €78.9 billion in total revenue, with a record commercial-aircraft backlog of €415 billion and 661 aircraft delivered in FY 2023. The Helicopters division posted 212 deliveries and €2.2 billion in revenue, and Defence & Space contributed €7.5 billion, reflecting a 12 % year-over-year increase driven by higher defense spending in Europe and the U.S. R&D intensity remained around 7 % of revenue (≈ €5.9 billion), underscoring continued investment in next-generation technologies.

Key macro drivers include the post-pandemic rebound in global passenger traffic (IATA forecasts 2024 passenger growth of ~4 %), sustained government defense budgets (average NATO member increase of 3 % YoY), and expanding commercial-space demand (global satellite-launch market projected to grow > 10 % CAGR through 2028). For a deeper quantitative view of Airbus’s valuation metrics, you might find ValueRay’s dashboard useful.

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income: 5.07b TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA 1.38 > 1.0
NWC/Revenue: 11.74% < 20% (prev 12.41%; Δ -0.67% < -1%)
CFO/TA 0.06 > 3% & CFO 7.43b > Net Income 5.07b
Net Debt (5.18b) to EBITDA (10.29b): 0.50 < 3
Current Ratio: 1.14 > 1.5 & < 3
Outstanding Shares: last quarter (789.4m) vs 12m ago -0.42% < -2%
Gross Margin: 15.54% > 18% (prev 0.15%; Δ 1539 % > 0.5%)
Asset Turnover: 56.87% > 50% (prev 54.33%; Δ 2.54% > 0%)
Interest Coverage Ratio: 8.97 > 6 (EBITDA TTM 10.29b / Interest Expense TTM 824.0m)

Altman Z'' 1.51

A: 0.07 (Total Current Assets 69.41b - Total Current Liabilities 60.94b) / Total Assets 129.67b
B: 0.15 (Retained Earnings 19.32b / Total Assets 129.67b)
C: 0.06 (EBIT TTM 7.39b / Avg Total Assets 126.86b)
D: 0.20 (Book Value of Equity 20.12b / Total Liabilities 102.33b)
Altman-Z'' Score: 1.51 = BB

Beneish M -2.78

DSRI: 1.32 (Receivables 10.25b/7.27b, Revenue 72.15b/67.40b)
GMI: 0.97 (GM 15.54% / 15.01%)
AQI: 0.97 (AQ_t 0.31 / AQ_t-1 0.32)
SGI: 1.07 (Revenue 72.15b / 67.40b)
TATA: -0.02 (NI 5.07b - CFO 7.43b) / TA 129.67b)
Beneish M-Score: -2.78 (Cap -4..+1) = A

What is the price of AIR shares?

As of February 08, 2026, the stock is trading at EUR 191.30 with a total of 830,960 shares traded.
Over the past week, the price has changed by -1.09%, over one month by -8.64%, over three months by -8.32% and over the past year by +16.56%.

Is AIR a buy, sell or hold?

Airbus SE has no consensus analysts rating.

What are the forecasts/targets for the AIR price?

Issuer Target Up/Down from current
Wallstreet Target Price 226 18.1%
Analysts Target Price - -
ValueRay Target Price 227.1 18.7%

AIR Fundamental Data Overview February 03, 2026

Market Cap USD = 180.16b (152.67b EUR * 1.1801 EUR.USD)
P/E Trailing = 30.2187
P/E Forward = 24.3309
P/S = 2.1159
P/B = 6.4865
P/EG = 1.1466
Revenue TTM = 72.15b EUR
EBIT TTM = 7.39b EUR
EBITDA TTM = 10.29b EUR
Long Term Debt = 7.17b EUR (from longTermDebt, last quarter)
Short Term Debt = 4.37b EUR (from shortTermDebt, last quarter)
Debt = 13.52b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.18b EUR (from netDebt column, last quarter)
Enterprise Value = 154.93b EUR (152.67b + Debt 13.52b - CCE 11.26b)
Interest Coverage Ratio = 8.97 (Ebit TTM 7.39b / Interest Expense TTM 824.0m)
EV/FCF = 43.30x (Enterprise Value 154.93b / FCF TTM 3.58b)
FCF Yield = 2.31% (FCF TTM 3.58b / Enterprise Value 154.93b)
FCF Margin = 4.96% (FCF TTM 3.58b / Revenue TTM 72.15b)
Net Margin = 7.02% (Net Income TTM 5.07b / Revenue TTM 72.15b)
Gross Margin = 15.54% ((Revenue TTM 72.15b - Cost of Revenue TTM 60.94b) / Revenue TTM)
Gross Margin QoQ = 16.42% (prev 14.76%)
Tobins Q-Ratio = 1.19 (Enterprise Value 154.93b / Total Assets 129.67b)
Interest Expense / Debt = 1.34% (Interest Expense 181.0m / Debt 13.52b)
Taxrate = 33.52% (547.0m / 1.63b)
NOPAT = 4.91b (EBIT 7.39b * (1 - 33.52%))
Current Ratio = 1.14 (Total Current Assets 69.41b / Total Current Liabilities 60.94b)
Debt / Equity = 0.50 (Debt 13.52b / totalStockholderEquity, last quarter 27.25b)
Debt / EBITDA = 0.50 (Net Debt 5.18b / EBITDA 10.29b)
Debt / FCF = 1.45 (Net Debt 5.18b / FCF TTM 3.58b)
Total Stockholder Equity = 22.98b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.99% (Net Income 5.07b / Total Assets 129.67b)
RoE = 22.04% (Net Income TTM 5.07b / Total Stockholder Equity 22.98b)
RoCE = 24.51% (EBIT 7.39b / Capital Employed (Equity 22.98b + L.T.Debt 7.17b))
RoIC = 15.85% (NOPAT 4.91b / Invested Capital 30.99b)
WACC = 6.26% (E(152.67b)/V(166.19b) * Re(6.74%) + D(13.52b)/V(166.19b) * Rd(1.34%) * (1-Tc(0.34)))
Discount Rate = 6.74% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -0.03%
[DCF Debug] Terminal Value 87.14% ; FCFF base≈2.83b ; Y1≈3.49b ; Y5≈5.95b
Fair Price DCF = 188.8 (EV 154.18b - Net Debt 5.18b = Equity 149.00b / Shares 789.4m; r=6.26% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -7.94 | EPS CAGR: 7.66% | SUE: 0.71 | # QB: 0
Revenue Correlation: 32.15 | Revenue CAGR: 1.28% | SUE: 0.58 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.76 | Chg30d=-0.020 | Revisions Net=+1 | Analysts=2
EPS next Year (2026-12-31): EPS=7.78 | Chg30d=-0.100 | Revisions Net=-10 | Growth EPS=+21.8% | Growth Revenue=+12.5%

Additional Sources for AIR Stock

Fund Manager Positions: Dataroma | Stockcircle