Thales SA

Chart & Performance

D1W1MN

P/E

6.80

P/S

0.47

EPS

6.89

Div Yield, %

1.17%

Shrs. gr., 5y

-0.67%

Rev. gr., 5y

2.26%

Revenues

20.58b

+11.66%

Net income

1.42b

+38.70%

CFO

2.64b

+65.23%

Dividend

May 17, 20240.60037 USD/sh

Earnings

May 15, 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	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	20,576,600 11.66%	18,428,400 4.89%	17,568,800 8.50%
Cost of revenue	18,759,600	16,774,700	16,125,900
Unusual Expense (Income)
NOPBT	1,817,000	1,653,700	1,442,900
NOPBT Margin	8.83%	8.97%	8.21%
Operating Taxes	247,300	252,200	225,100
Tax Rate	13.61%	15.25%	15.60%
NOPAT	1,569,700	1,401,500	1,217,800
Net income	1,419,500 38.70%	1,023,400 -8.67%	1,120,600 2.92%
Dividends	(708,400)	(633,700)	(563,400)
Dividend yield
Proceeds from repurchase of equity	(275,400)	(491,000)	(375,522)
BB yield
Debt
Debt current		2,713,300	1,480,300
Long-term debt		6,960,300	5,288,600
Deferred revenue
Other long-term liabilities	6,140,200	1,552,500	1,908,700
Net debt	(6,639,920)	3,007,400	(47,200)
Cash flow
Cash from operating activities	2,637,800	1,596,400	3,063,283
CAPEX	(623,100)	(625,600)	(502,730)
Cash from investing activities	(62,800)	(4,233,200)	(1,211,586)
Cash from financing activities	(2,002,300)	1,591,100	(1,768,926)
FCF	3,479,500	1,635,900	1,137,900
Balance
Cash	4,768,000	4,080,500	5,300,100
Long term investments	1,871,920	2,585,700	1,516,000
Excess cash	5,611,090	5,744,780	5,937,660
Stockholders' equity	660,700	4,141,900	4,070,100
Invested Capital	13,037,600	12,813,200	9,115,200
ROIC	12.14%	12.78%	12.28%
ROCE	12.68%	9.57%	10.62%
EV
Common stock shares outstanding	206,021	209,163	212,348
Price
Market cap
EV
EBITDA	2,972,400	2,698,800	2,556,403
EV/EBITDA
Interest	337,400	230,400	104,400
Interest/NOPBT	18.57%	13.93%	7.24%