Airbus Full Year 2024 Earnings: EPS Beats Expectations

Airbus (EPA:AIR) Full Year 2024 Results

Key Financial Results

• Revenue: €69.2b (up 5.8% from FY 2023).
• Net income: €4.23b (up 12% from FY 2023).
• Profit margin: 6.1% (up from 5.8% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: €5.36 (up from €4.80 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Airbus EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.3%.

The primary driver behind last 12 months revenue was the Airbus (Includes Holding Function and Bank Activities) segment contributing a total revenue of €50.6b (73% of total revenue). Notably, cost of sales worth €58.6b amounted to 85% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Research & Development (R&D) costs, amounting to €3.25b (50% of total expenses). Explore how AIR's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Aerospace & Defense industry in France.

Performance of the French Aerospace & Defense industry.

The company's shares are down 5.1% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Airbus' balance sheet.

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