Latest update
$184
Updated: Jun 15, 2026, 5:39 PM UTC
Browsing public data
Airbus SE operates globally in aeronautics, aerospace, and defense, manufacturing commercial aircraft, helicopters, and military/space systems. Recent financial results for Q1 2026 show significant quarter-over-quarter declines in revenue, net income, and free cash flow, although the company maintains a strong balance sheet with light debt. Profitability metrics like operating margin and return on assets are weak. The stock currently trades at a P/E of 29.0x, with a forward P/E of 21.4x, suggesting the market expects future improvement. Shareholder returns include a growing dividend, but free cash flow generation is currently negative.
Revenue
The total dollars the company billed customers. When this number grows quarter after quarter, the business is finding more demand.
Latest
↓$12.7B
Q1 2026
The most recent reported figure, in the company's own currency and reporting cadence.
QoQ
↓-51.3%
vs Q4 2025
How much this quarter grew compared to last quarter. Useful for spotting acceleration or slowdown in real time.
YoY
→-6.6%
vs Q1 2025
How much this quarter grew compared to the same quarter one year ago. Strips out seasonality — a slow holiday quarter looks worse QoQ but normal YoY.
CAGR
•—
insufficient history
The smooth yearly growth rate that gets you from the starting value to the current value. A 100% CAGR over 3 years means the business tripled, on average, each year.
Net income
What's left from revenue after paying every cost — employees, materials, taxes, interest. Sometimes called profit or 'the bottom line.'
Latest
↓$586M
Q1 2026
The most recent reported figure, in the company's own currency and reporting cadence.
QoQ
↓-77.3%
vs Q4 2025
How much this quarter grew compared to last quarter. Useful for spotting acceleration or slowdown in real time.
YoY
↓-26.1%
vs Q1 2025
How much this quarter grew compared to the same quarter one year ago. Strips out seasonality — a slow holiday quarter looks worse QoQ but normal YoY.
CAGR
•—
insufficient history
The smooth yearly growth rate that gets you from the starting value to the current value. A 100% CAGR over 3 years means the business tripled, on average, each year.
Free cash flow
The cash actually left in the bank after the company has paid for everything and reinvested in itself. Harder to fake than net income.
Latest
↓-$2.5B
Q1 2026
The most recent reported figure, in the company's own currency and reporting cadence.
QoQ
↓-145.5%
vs Q4 2025
How much this quarter grew compared to last quarter. Useful for spotting acceleration or slowdown in real time.
YoY
•—
vs Q1 2025
How much this quarter grew compared to the same quarter one year ago. Strips out seasonality — a slow holiday quarter looks worse QoQ but normal YoY.
CAGR
•—
insufficient history
The smooth yearly growth rate that gets you from the starting value to the current value. A 100% CAGR over 3 years means the business tripled, on average, each year.
| Metric | 3 yr | 2 yr | 1 yr |
|---|---|---|---|
| Revenue | — | — | -6.6% $13.5B→$12.7B |
| Net income | — | — | -26.1% $793M→$586M |
| Free cash flow | — | — | — |
P/E TTM
↑29.0×
Trailing twelve months. Today's price divided by the last year of actual earnings.
P/E NTM
↑21.4×
Next twelve months. Today's price divided by what analysts expect the company to earn over the coming year.
Profitability
→Mixed
Operating margin (and the wider return profile) tells you how efficiently each dollar of sales becomes profit. High and rising = pricing power; low or falling = the business is grinding.
Share count
→Stable
Are the buybacks outrunning the stock-based comp? A shrinking share count means every existing share owns a bigger slice of future earnings.
Debt load
↑Light
Total debt against cash and earnings power (EBITDA). Light debt leaves room to invest and weather downturns; heavy debt shrinks the margin for error.
Debt service
↓Weak
Whether the cash the business generates easily covers its interest and loan payments. Strong here = no forced selling in a bad year.
Cash return at today's price
↓-0.1%
Free cash flow divided by market cap — the cash yield you're getting for the price you pay. Above ~6% is rich, below ~3% is thin. P/E shown when the yield is too small to be useful.
Airbus shows an underlying bullish cycle with strong momentum in the short term. However, the move has been swift, and the stock is now extended. The contracting volume while the price advances indicates that the underlying demand for the stock might be cooling off, suggesting a temporary exhaustion of buyers. Given the mixed fundamental picture, waiting for a better entry point on a pullback or consolidation would be prudent rather than chasing the current price.
Short-term thesis
Airbus is poised to benefit from long-term demand in aerospace, driven by fleet renewal and air travel recovery. While the company's financial results show some near-term weakness in profitability and cash flow, its strong balance sheet and dominant market position provide resilience. The current stock valuation is somewhat stretched relative to recent earnings, suggesting the market is anticipating future operational improvements. A more attractive investment opportunity would arise on a pullback, offering a better risk/reward profile as the company navigates production ramp-ups and aims to convert robust order books into stronger free cash flow.
Long-term exposure
Avoid
The business or valuation backdrop is not ready for long-term conviction.
Entry window
Wait
Airbus has shown recent upward momentum, with the price moving above both short-term and medium-term averages. However, volume contracted during this move, which can indicate wavering conviction. While the overall trend is positive, the current price is a little extended, suggesting a potential for consolidation or a slight pullback. A more compelling entry would be on a retest of support levels, particularly given the mixed fundamental picture.
Risk check
Fragile
The downside can widen quickly if this setup goes wrong.
Alignment
Mixed
Neither horizon fully wins, so size and patience matter.
What supports it
What limits it
Long-term thesis
Global air traffic growth and essential defense spending driving aerospace demand.
Bottleneck Role
Airbus acts as a critical bottleneck in the commercial aviation sector, being one of only two major manufacturers of large commercial aircraft. This duopoly creates scarcity in supply for the growing global demand for air travel and fleet modernization. Its diverse defense portfolio also positions it in a critical role for national security and innovation.
Consensus Blind Spot
The consensus may be underestimating Airbus's ability to significantly improve operational efficiency and free cash flow as production bottlenecks ease and new aircraft deliveries accelerate post-pandemic. Q1 2026 data, while weak, might obscure the underlying recovery trajectory and the benefit of pricing power from its dominant market position.
Demand Gap
There is a significant and growing gap between the current global commercial aircraft fleet's capacity and the projected long-term demand for air travel, fueled by emerging market growth and rising global middle classes. Furthermore, increasing geopolitical tensions drive a persistent demand for advanced defense capabilities, where Airbus has a strong standing.
Demand to Equity Scenarios
Faster-than-expected recovery in global air travel, accelerated fleet renewal, and increased defense spending.
Demand
+15%
Earnings
+25%
Equity implication
+35%
Improved delivery rates, higher utilization of production capacity, and stronger margins due to pricing power.
Steady recovery in air travel to pre-pandemic levels, consistent albeit slow fleet modernization, stable defense budgets.
Demand
+8%
Earnings
+15%
Equity implication
+20%
Gradual increase in deliveries, moderate margin improvement, and progressive free cash flow generation.
Global economic slowdown, resurgent geopolitical instability dampening travel, prolonged supply chain disruptions, or new pandemic waves.
Demand
-5%
Earnings
-15%
Equity implication
-25%
Delayed deliveries, increased production costs, margin compression, and continued negative free cash flow.
Dependency Chain
Repricing Triggers
Must be true
Thesis broken if
Jun 15, 2026
LatestUpdated Jun 15, 2026, 5:39 PM UTC
Price at review
$184
Airbus has shown recent upward momentum, with the price moving above both short-term and medium-term averages. However, volume contracted during this move, which can indicate wavering conviction. While the overall trend is positive, the current price is a little extended, suggesting a potential for consolidation or a slight pullback. A more compelling entry would be on a retest of support levels, particularly given the mixed fundamental picture.