Thales S.A. Website

Thales S.A.

ENXTPA-HO

Basic

  • Market Cap

    €29.36B

  • EV

    €34.06B

  • Shares Out

    205.38M

  • Revenue

    €19.21B

  • Employees

    78,600

Margins

  • Gross

    26.01%

  • EBITDA

    12.31%

  • Operating

    8.38%

  • Pre-Tax

    6.04%

  • Net

    7.25%

  • FCF

    4.71%

Returns (5Yr Avg)

  • ROA

    3.11%

  • ROTA

    23.83%

  • ROE

    15.89%

  • ROCE

    9.54%

  • ROIC

    4.06%

Valuation (TTM)

  • P/E

    —

  • P/B

    —

  • EV/Sales

    —

  • EV/EBITDA

    —

  • P/FCF

    —

  • EV/Gross Profit

    —

Valuation (NTM)

  • Price Target

    €170.81

  • P/E

    —

  • PEG

    —

  • EV/Sales

    —

  • EV/EBITDA

    —

  • P/FCF

    —

Financial Health

  • Cash

    €3,817.1M

  • Net Debt

    €4,593.8M

  • Debt/Equity

    1.14

  • EBIT/Interest

    6.32

Growth (CAGR)

  • Rev 3Yr

    7.9%

  • Rev 5Yr

    2.97%

  • Rev 10Yr

    4.25%

  • Dil EPS 3Yr

    18.93%

  • Dil EPS 5Yr

    5.77%

  • Dil EPS 10Yr

    5.33%

  • Rev Fwd 2Yr

    8.06%

  • EBITDA Fwd 2Yr

    16.6%

  • EPS Fwd 2Yr

    7.43%

  • EPS LT Growth Est

    18%

Dividends

  • Yield

    —

  • Payout

    56.39%

  • DPS

    €2.6

  • DPS Growth 3Yr

    9.88%

  • DPS Growth 5Yr

    3.59%

  • DPS Growth 10Yr

    8.13%

  • DPS Growth Fwd 2Yr

    7.99%

Select a metric from the list below to chart it

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Dec '19

Dec '20

Dec '21

Dec '22

Dec '23

LTM

Dec '24 (E)

Dec '25 (E)

Dec '26 (E)

Metric
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

18,401

15,371

16,192

17,568.8

18,428.4

19,205.1

Total Revenues % Chg.

16.1%

-16.5%

5.3%

8.5%

4.9%

6.5%

Cost of Goods Sold, Total

13,877.3

11,791.2

12,158.9

13,113.4

13,662

14,209.1

Gross Profit

4,523.7

3,579.8

4,033.1

4,455.4

4,766.4

4,996

Selling General & Admin Expenses, Total

2,088.5

1,779.1

1,792.8

1,953.8

2,082.8

2,191.7

R&D Expenses

1,098.5

942.9

1,026.9

1,063.6

1,107.7

1,194.3

Amortization of Goodwill and Intangible Assets

—

—

—

—

—

—

—

Other Operating Expenses, Total

3,187

2,722

2,819.7

3,017.4

3,190.5

3,386

Operating Income

1,336.7

857.8

1,213.4

1,438

1,575.9

1,610

Interest Expense, Total

-62.9

-62.3

-54.1

-75.9

-159.6

-254.7

Interest And Investment Income

19.6

7.1

—

25.8

161.4

156.5

Net Interest Expenses

-43.3

-55.2

-54.1

-50.1

1.8

-98.2

Income (Loss) On Equity Invest.

142

45

103.6

180

147.4

142

Currency Exchange Gains (Loss)

-80.8

-21.3

-6.9

-27.7

-26

-5.7

Other Non Operating Income (Expenses)

-3.6

-56.1

-48.4

-70.8

-39

7.2

EBT, Excl. Unusual Items

1,351

770.2

1,207.6

1,469.4

1,660.1

1,655.3

Restructuring Charges

-122.2

-165.1

-91.8

-98.5

-91.4

-88.8

Merger & Related Restructuring Charges

—

—

-28.3

-5.4

-9.1

-17.3

-60.4

-69.1

Impairment of Goodwill

—

—

—

—

—

—

-98.2

—

—

—

—

Gain (Loss) On Sale Of Investments

-9.3

50.1

6.4

-13.7

85.5

81.6

Gain (Loss) On Sale Of Assets

221.7

0.1

-2.2

-1.5

-6.3

-4.3

Asset Writedown

—

—

—

—

—

—

-37.2

—

—

—

—

Legal Settlements

—

—

—

—

—

—

49.2

38

-3.8

-3.8

Other Unusual Items

—

34.5

-0.4

4.4

-29.4

-402.9

-410.7

EBT, Incl. Unusual Items

1,447.4

514.1

1,164.5

1,347

1,180.8

1,160.2

Income Tax Expense

301

64.5

147.7

225.1

252.2

251.1

Earnings From Continuing Operations

1,146.4

449.6

1,016.8

1,121.9

928.6

909.1

Earnings Of Discontinued Operations

—

—

—

—

—

—

42.3

117.6

9.1

74.3

438.5

Minority Interest

-24.5

-8.5

-45.6

-10.4

20.5

44.2

Net Income

1,121.9

483.4

1,088.8

1,120.6

1,023.4

1,391.8

Net Income to Common Incl Extra Items

1,121.9

483.4

1,088.8

1,120.6

1,023.4

1,391.8

Net Income to Common Excl. Extra Items

1,121.9

441.1

971.2

1,111.5

949.1

953.3

Total Shares Outstanding

212.8

212.9

212.9

210.1

206.7

205.4

Weighted Avg. Shares Outstanding

212.5

212.7

212.9

211.8

208.5

206.7

Weighted Avg. Shares Outstanding Dil

213.1

212.9

213.1

212.3

209.2

207.4

EPS

5.3

2.3

5.1

5.3

4.9

6.7

EPS Diluted

5.3

2.3

5.1

5.3

4.9

6.7

EBITDA

2,192.5

1,729

2,050.7

2,270.5

2,386.4

2,365

Effective Tax Rate

20.8%

12.5%

12.7%

16.7%

21.4%

21.6%