Thales SA

Chart & Performance

D1W1MN

P/E

5.40

P/S

0.30

EPS

5.09

Div Yield, %

11.03%

Shrs. gr., 5y

-0.39%

Rev. gr., 5y

3.05%

Revenues

18.43b

+4.89%

Net income

1.02b

-8.67%

CFO

1.60b

-47.89%

Dividend

May 17, 20240.60037 USD/sh

Earnings

Mar 03, 2025

Profile

Thales S.A. provides various solutions for civilian and military customers in the aeronautics, space, defense, security, ground transportation, and digital security markets worldwide. It operates through Aerospace, Transport, Defence & Security, and Digital Identity & Security segments. The company offers communications, command, and control systems; mission services and support; protection and mission/combat systems; surveillance, detection, and intelligence systems; training and simulation solutions for air, land, naval, and joint forces; and digital identity and security solutions. It also provides air traffic management solutions; flight decks and avionics equipment and functions; in-flight entertainment and connectivity systems and services; electrical systems; aerospace training solutions; navigation solutions; support and services for avionics equipment; and vision systems. In addition, the company designs, operates, and delivers satellite-based systems for telecommunications, navigation, earth observation, environmental management, exploration, and science and orbital infrastructures; signaling, communications and supervision, and fare collection management systems and related services; cybersecurity and railway digitalization systems; and main line rail, and urban and intermodal mobility solutions. Further, it provides solutions for various markets and applications, including radiology, radio frequency, microwave sources, training and simulation solutions, lasers, and microelectronics solutions for science, industry, space, defense, automotive, railways, and energy conversion platforms. Thales S.A. has a strategic agreement with Google LLC. The company was formerly known as Thomson-CSF and changed its name to Thales S.A. in 2000. Thales S.A. was founded in 1893 and is headquartered in Courbevoie, France.

URL

https://www.thalesgroup.com/

IPO date

Dec 18, 1986

Employees

80,138

Domiciled in

Incorporated in

Valuation

Order:

Title EUR in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title EUR in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	18,428,400 4.89%	17,568,800 8.50%	16,192,000 -4.69%
Cost of revenue	16,774,700	16,125,900	14,956,700
Unusual Expense (Income)
NOPBT	1,653,700	1,442,900	1,235,300
NOPBT Margin	8.97%	8.21%	7.63%
Operating Taxes	252,200	225,100	147,700
Tax Rate	15.25%	15.60%	11.96%
NOPAT	1,401,500	1,217,800	1,087,600
Net income	1,023,400 -8.67%	1,120,600 2.92%	1,088,800 125.24%
Dividends	(633,700)	(563,400)	(417,000)
Dividend yield
Proceeds from repurchase of equity	(491,000)	(375,522)	(26,700)
BB yield
Debt
Debt current	2,713,300	1,480,300	1,319,000
Long-term debt	6,960,300	5,288,600	5,910,200
Deferred revenue
Other long-term liabilities	1,552,500	1,908,700	2,454,600
Net debt	3,007,400	(47,200)	544,700
Cash flow
Cash from operating activities	1,596,400	3,063,283	2,706,700
CAPEX	(625,600)	(502,730)	(450,800)
Cash from investing activities	(4,233,200)	(1,211,586)	(493,400)
Cash from financing activities	1,591,100	(1,768,926)	(2,169,100)
FCF	1,635,900	1,137,900	1,258,500
Balance
Cash	4,080,500	5,300,100	5,049,400
Long term investments	2,585,700	1,516,000	1,635,100
Excess cash	5,744,780	5,937,660	5,874,900
Stockholders' equity	4,141,900	4,070,100	3,007,200
Invested Capital	12,813,200	9,115,200	10,713,000
ROIC	12.78%	12.28%	10.24%
ROCE	9.57%	10.62%	8.69%
EV
Common stock shares outstanding	209,163	212,348	213,085
Price
Market cap
EV
EBITDA	2,698,800	2,556,403	2,297,900
EV/EBITDA
Interest	230,400	104,400	81,100
Interest/NOPBT	13.93%	7.24%	6.57%