Airbus (AIR.PA): analysis in plain words
Is Airbus cheap or expensive? How it makes money, whether it grows and its risks, explained in plain words and with its official accounts.
Airbus (AIR.PA) is listed on Euronext Paris and we classify it in aerospace and defence. Below are its key dated figures, how it makes money, how it compares with its sector, what works for and against Airbus according to those figures, and the questions people ask most about the stock. No buy or sell tips.
Airbus (AIR.PA) key figures as of November 4, 2026
| Figure | Value | What it measures |
|---|---|---|
| Share price | €200.10 | Last price on November 4, 2026 |
| P/E ratio (TTM) | 25.7x | Price over earnings per share |
| Revenue growth | -2.0% | Latest quarter vs the same quarter a year earlier |
| Net margin (TTM) | 8.0% | Profit for every 100 of sales |
| Net debt / EBITDA | 0.2x | Years of operating profit to repay debt |
| Dividend yield | 1.66% | Annual dividend over price |
| Market cap | €157.9 billion | What the stock market values it at |
The Airbus figures come from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026. Any AIR.PA figure that is not available shows as N/A: we do not estimate it.
How Airbus makes money
Airbus makes most of its money selling commercial passenger jets, including its single-aisle family, to airlines and leasing companies, plus after-sales services. The group also includes Airbus Helicopters, for civil and military helicopters, and Airbus Defence and Space, which builds military aircraft, satellites and defense systems.
Over the last 12 months, Airbus brought in revenue of €76.6 billion. For every 100 it sells, Airbus keeps 16.7 after the direct cost of what it sells (gross margin) and 9.4 after all operating costs (operating margin). With 171,027 full-time employees, that is about €448,000 of revenue per employee.
Airbus against its sector
To know whether a Airbus figure is high or low you have to put it next to similar companies. This table compares Airbus with the median of the 12 aerospace and defence companies Fintols covers, with data as of November 4, 2026.
| Figure | Airbus | aerospace and defence median |
|---|---|---|
| P/E | 25.7x | 24.9x (12) |
| Revenue growth | -2.0% | +14.4% (14) |
| Net margin | 8.0% | 8.2% (14) |
| Dividend yield | 1.66% | 1.17% (14) |
| Net debt / EBITDA | 0.2x | 1.3x (12) |
In short, against the typical aerospace and defence company, Airbus grows more slowly, pays a higher dividend yield and carries less debt. By size, Airbus ranks number 1 of 4 aerospace and defence companies quoted in EUR on Fintols.
The bull case for Airbus
These are the strengths in the Airbus figures as of November 4, 2026:
- Airbus earns 23.5% a year on its shareholders' money (return on equity).
- Its debt is low: Airbus would need 0.2x its annual operating profit (EBITDA) to repay its net debt.
- It is the largest by market value of the 4 aerospace and defence companies quoted in EUR that Fintols covers, and scale gives it bargaining power with customers and suppliers.
The main risk for Airbus
Airbus sales fell 2.0% in the latest quarter against the same quarter a year earlier: if the decline drags on, profit usually follows.
And, like the rest of aerospace and defence, Airbus is exposed to production delays and problems, and changes in defence budgets.
Frequently asked questions about Airbus
Is it a good time to buy Airbus stock?
Fintols does not tell you whether to buy or sell Airbus, and nobody knows what the price will do tomorrow. What we can show you is where it stands today. As of November 4, 2026, Airbus stock trades at €200.10, 10% below its 52-week high (€221.30) and 27% above its low (€157.42). Its P/E is 25.7x against a aerospace and defence median of 24.9x, and 23.1x on the earnings analysts expect over the next 12 months. With Airbus, as with any stock, timing matters less than understanding the business, investing for the long run and not betting everything on a single company.
Does Airbus pay a dividend?
Yes. As of November 4, 2026, Airbus pays €3.20 per share a year, which at today's price is a yield of 1.66%. It uses 41% of its profit to pay it, which leaves room to keep paying it if profit dips. Its average dividend yield over the last five years is 1.28%. The aerospace and defence median on Fintols is 1.17%.
Is Airbus stock expensive?
It depends on what you compare it with. On P/E, Airbus trades at 25.7x its last 12 months of earnings: in line with the aerospace and defence median (24.9x). Including its debt, Airbus is valued at 17.2x its EBITDA (EV/EBITDA). A high P/E alone does not make Airbus expensive: it can be justified if earnings grow fast, and a low one can reflect a business in trouble.
Who are Airbus's competitors?
On Fintols we compare Airbus with Safran, Rheinmetall and Rocket Lab, which are also in aerospace and defence. As of November 4, 2026, Safran is worth €121.1 billion and trades on a P/E of 31.4; Rheinmetall is worth €46.8 billion and trades on a P/E of 39.0; Rocket Lab is worth $33.5 billion. Each has a side-by-side comparison with Airbus below.
Airbus competitors
- Safran (SAF.PA) analysis · Airbus vs Safran comparison
- Rheinmetall (RHM.DE) analysis · Airbus vs Rheinmetall comparison
- Rocket Lab (RKLB) analysis · Airbus vs Rocket Lab comparison
To understand Airbus better
- How to Write an Investment Thesis (Step by Step)
- P/E Ratio and EPS Explained: How to Read Them Without Traps
More companies like Airbus: aerospace and defence stocks and Euro Stoxx 50 companies. Open the full AIR.PA analysis with its valuation and scenarios. Educational content about Airbus, not investment advice.