Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Thales S.A., trading as Thales Group, is a French multinational corporation specializing in advanced electronics for aerospace, defense, cybersecurity, and digital identity solutions. Headquartered in Paris' La Défense business district, it designs, develops, and manufactures critical systems including avionics, radars, air traffic management solutions like TopSky, satellite technologies, and military equipment such as the Starstreak missile and SPECTRA defensive aids. With over 83,000 employees across five continents, Thales serves governments, defense forces, airlines, and infrastructure operators in more than 68 countries, generating €18.42 billion in revenue in 2023, where 53% came from military activities. Partially owned by the French state (26.6%) and Dassault Aviation (26.59%), the company invests heavily in deep tech innovations like AI, quantum technology, and trusted cybersecurity to enhance security and connectivity in vital sectors. Thales plays a pivotal role in global markets by enabling safer air travel, robust homeland protection, space missions, and resilient digital infrastructures, while prioritizing sustainability and ethical technology development.
10.02% operating margin is respectable but not wide. ROIC at 12.11%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 7.6%, steady but not accelerating.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
€22.14B
▲ +7.6% YoY
Net Income (TTM)
€1.64B
▲ +22.0% YoY
Op. Margin
10.02%
▲ +1.2pp YoY
ROIC
12.11%
▲ +2.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€2.57B
▲ +27.3% YoY
Op. Cash Flow (TTM)
€3.31B
▲ +25.8% YoY
Net Debt
€1.64B
Cash & Equiv.
€4.49B
3Y CAGR: +8.0%
3Y CAGR: +1.0%
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