Airbus SE
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5-year stock timeline
2026-08-13 — Latest price confirmed: 213.55
Event: Reference price for AIR.XETRA as given.
Narrative: Market values Airbus at this level after 2025 results and 2026 guidance; investors are treating the shares as priced to reflect post‑pandemic demand recovery, higher deliveries and improving profitability.
Technical: Recent rally to this level following FY‑2025 results and bullish delivery/order updates (rally/bullish bias). [3][7]
2026-02-19 — FY‑2025 results and guidance published
Event: Airbus reported FY‑2025 consolidated net income €5,221m and EPS €6.61; Board proposed dividend €3.20 per share and provided guidance for 2026. [3][14]
Narrative: Reinforced narrative shift from recovery to re‑acceleration — investors viewed Airbus as benefiting from rising deliveries, margin recovery and robust order momentum (1,000 gross orders in 2025), lifting confidence in earnings durability.
Technical: Breakout and rally on results and constructive outlook as estimates were upgraded. [7][3]
2026-01-12 — Strong delivery and order cadence in 2025 announced
Event: Airbus disclosed 793 commercial aircraft deliveries in 2025 and 1,000 gross orders for the year. [7][12]
Narrative: Market perception improved: Airbus seen as executing production ramp‑up (A320 family & A220 increases) and capturing post‑COVID traffic rebound; narrative moved toward operational execution and backlog monetization.
Technical: Uptrend continuation and confirmation as delivery metrics beat market expectations. [7]
2025 (AGM Apr 2025 / corporate actions through 2025) — CEO mandate renewal and governance items
Event: Board proposed renewal/reappointment of Guillaume Faury as CEO and Executive Board member at the 2025 AGM; management changes announced for Commercial Aircraft business (Lars Wagner named successor to Christian Scherer for Commercial Aircraft CEO role). [1][13][4]
Narrative: Investors treated the renewal as continuity in strategy (production ramp, sustainability roadmap). The selection of an industry veteran to lead Commercial Aircraft signaled emphasis on production and supplier/engineer relationships — perceived as governance strengthening rather than disruption.
Technical: Generally constructive and stable to modestly bullish as governance risk diminished. [1][4]
2024 — Continued post‑pandemic recovery, order book normalization and margin focus
Event: Airbus continued to increase deliveries year‑on‑year and improved margins; the company published annual reporting and investor materials showing production rate increases for the A320 family and a rising A220 contribution. [4][8]
Narrative: The equity narrative moved from recovery (post‑COVID restart) to execution — investors focused on whether Airbus could sustain higher production rates amid supply chain constraints and inflation.
Technical: Multi‑month range with rising bias; occasional breakouts on positive operational updates. [4]
2023 — Stabilization after supply‑chain headwinds; backlog and pricing pressure
Event: Airbus delivered more aircraft than 2022 (mid‑single to double‑digit delivery growth); supply‑chain and engine availability remained issues but improved versus 2021–2022; pricing discipline and higher list prices debated in market commentary. [12][8]
Narrative: Perception shifted to "operational stabilization" — investors wary of execution risk but hopeful backlog and airline demand would support revenue growth; stock seen as moving from cyclical recovery to longer‑term demand play.
Technical: Drawdown early in year during concerns, followed by recovery and rally as deliveries improved. [12]
2022 — Ramp pressures, inflation and defense tailwinds
Event: Elevated input costs and supply‑chain bottlenecks pressured margins; at the same time, defense and space activities (military transports A400M, helicopters, space contracts) provided diversification and some revenue resilience. [4][8]
Narrative: Investor view: mixed — commercial aircraft recovery underway but margin visibility challenged by inflation and supplier constraints; company increasingly framed as diversified aerospace group rather than pure commercial‑aircraft cyclicality.
Technical: Volatile range with downtrends on macro shocks and cost surprises, intermittent relief rallies on orders/delivery beats. [4]
2021 — Pandemic aftermath, order collapse recovery begins
Event: Airbus navigated the COVID‑19 demand shock aftermath; 2021 marked the beginning of recovery in deliveries and order intake after 2020 lows; management focused on restoring production rates and preserving liquidity. [8]
Narrative: Market narrative in 2021 was turnaround/recovery — stock seen as cyclical rebound candidate dependent on airline traffic normalization and supply‑chain recovery; valuation reflected pandemic uncertainty.
Technical: Extended recovery from pandemic lows into range-bound consolidation as market awaited clearer demand signals. [8]
Key risks and downside factors
Airbus SE (AIR.XETRA) operates across commercial aircraft, helicopters, and defense/space segments. Boeing remains its principal rival in large commercial jets and a significant competitor in defense. Regional and narrow-body aircraft face competition from Embraer and China's COMAC, while the helicopter and military markets include Leonardo, Lockheed Martin, and Sikorsky as competitors. The business carries material exposure to supply-chain disruption and production delays, geopolitical tensions with associated export controls and sanctions, currency fluctuations tied to commercial cycles, and regulatory certification along with litigation risk—each capable of delaying aircraft deliveries or raising costs materially.[15][10][13]
- Supply chain and production disruption risk stem from dependence on global tier-1 suppliers paired with extended lead times, which can constrain deliveries and elevate costs when strikes occur, components become scarce, or suppliers encounter operational failures.[13][15]
- Geopolitical, sanctions and export control risk: sanctions or export‑control restrictions—such as those affecting Russia or dual‑use technology rules—can ground aircraft fleets, block market access, and expose Airbus to legal penalties.[12][13]
- Commercial aircraft revenues are predominantly invoiced in USD while operating costs run in EUR, creating margin sensitivity to USD/EUR fluctuations and cyclical shifts in air travel demand.[13][15]
- Regulatory, certification, and litigation risks—encompassing safety certifications, investigations, and legal actions including bribery and export probes—can extend program timelines, elevate R&D and certification expenses, and damage brand reputation.[12][15]
Competitive landscape
Airbus operates as one of two global commercial-aircraft duopolists, competing across commercial, defense, helicopters and space markets. Its principal competitive threats come from large integrated aerospace peers, notably Boeing, and rising state-backed manufacturers including COMAC and UAC/Irkut, alongside aero-engine and systems suppliers that influence pricing and delivery timelines. Key risks span program execution and supply-chain delays, geopolitical and regulatory actions such as sanctions and export controls, cyclicality in airline demand and financing capacity, and defense contract pressures that can shift both margins and backlog composition.
| Company | Ticker |
|---|---|
| Boeing Company | BA.NYSE |
| Textron Inc. | TXT.NYSE |
| General Dynamics | GD.NYSE |
Private competitors
- SpaceX
- Some state-backed domestic OEM JV entities in China (local COMAC partners and suppliers)
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Relative Performance vs Benchmarks
| Period | Airbus SE | vs DAX | vs S&P 500 (SPY) |
|---|---|---|---|
| 1M | +10.87% | +4.39% | +6.42% |
| 3M | +26.36% | +17.59% | +20.99% |
| 6M | +11.69% | +5.92% | -2.61% |
| 1Y | +17.40% | +8.86% | -4.59% |
| 3Y | +79.01% | +10.35% | -5.69% |
| 5Y | +107.19% | +41.13% | +20.12% |
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Start Free TrialHistorical valuation trends
How the company’s key valuation ratios (P/E, P/S, P/B and P/CF) have evolved over time compared to today.
| Period | P/E Ratio | P/S Ratio | P/B Ratio | P/CF Ratio |
|---|---|---|---|---|
| Current | 28.3 | 2.2 | 6.5 | 18.5 |
| 1Y ago | 28.8 | 2.0 | 6.2 | 23.0 |
| 3Y ago | 26.6 | 1.7 | 6.8 | 15.5 |
| 5Y ago | 30.1 | 1.6 | 9.8 | 10.1 |
Frequently Asked Questions
Where is the Airbus SE stock traded?
What does Airbus SE do?
What are the key metrics for AIR.XETRA?
How has Airbus SE's stock price performed?
How is AIR.XETRA valued?
Does AIR.XETRA pay dividends?
What are the key risks when investing in AIR.XETRA?
- Supply chain and production disruption risk stem from dependence on global tier-1 suppliers paired with extended lead times, which can constrain deliveries and elevate costs when strikes occur, components become scarce, or suppliers encounter operational failures.[web:13][web:15]
- Geopolitical, sanctions and export control risk: sanctions or export‑control restrictions—such as those affecting Russia or dual‑use technology rules—can ground aircraft fleets, block market access, and expose Airbus to legal penalties.[web:12][web:13]
- Commercial aircraft revenues are predominantly invoiced in USD while operating costs run in EUR, creating margin sensitivity to USD/EUR fluctuations and cyclical shifts in air travel demand.[web:13][web:15]
- Regulatory, certification, and litigation risks—encompassing safety certifications, investigations, and legal actions including bribery and export probes—can extend program timelines, elevate R&D and certification expenses, and damage brand reputation.[web:12][web:15]
Who are the main competitors of Airbus SE?
- Boeing Company (BA.NYSE)
- Textron Inc. (TXT.NYSE)
- General Dynamics (GD.NYSE)
When does Airbus SE report earnings?
Key Metrics
Valuation Metrics
Profitability Metrics
Growth Metrics
Dividend history
Long-term record of paid dividends (amount per share and dividend yield at the time of payment).
| Year | Dividend | Yield at payment | Avg. yield |
|---|---|---|---|
| 2026 | 3.20 EUR | 1.81% | 1.79% |
| 2025 | 3.00 EUR | 2.20% | |
| 2024 | 2.80 EUR | 1.71% | |
| 2023 | 1.80 EUR | 1.41% | |
| 2022 | 1.50 EUR | 1.42% | |
| 2020 | 1.80 EUR | 3.17% | |
| 2019 | 1.65 EUR | 1.39% | |
| 2018 | 1.50 EUR | 1.64% | |
| 2017 | 1.35 EUR | 1.89% | |
| 2016 | 1.30 EUR | 2.38% | |
| 2015 | 1.20 EUR | 1.93% | |
| 2014 | 0.75 EUR | 1.41% | |
| 2013 | 0.60 EUR | 1.35% | |
| 2012 | 0.45 EUR | 1.72% | |
| 2012 | 0.39 EUR | 1.45% |
Earnings history & estimates
Historical earnings performance shows how consistently the company meets or exceeds analyst expectations. Forward estimates provide insight into expected profitability and growth trajectory.
Historical earnings performance
Upcoming earnings report
Analyst estimates for upcoming periods
Key financial figures
Selected income statement, balance sheet and cash flow figures. Annual and quarterly, based on reported IFRS/GAAP financials.
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | 73.42B | 69.23B | 65.45B | 58.76B | 52.15B |
| Operating income (EBIT) | 5.24B | 4.80B | 4.27B | 4.74B | 4.83B |
| Net income | 5.22B | 4.23B | 3.79B | 4.25B | 4.21B |
| Free cash flow | 4.42B | 3.93B | 3.35B | 3.82B | 2.79B |
| Total assets | 134.94B | 129.21B | 118.87B | 115.94B | 107.05B |
| Equity | 26.10B | 19.61B | 17.70B | 12.95B | 9.47B |
| Net debt | 2.17B | -3.73B | -5.15B | -4.84B | -1.11B |
PWP Leeway UG (haftungsbeschränkt)
