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Air France-KLM S.A.

Air France-KLM S.A.

AF.PA
Air France-KLM S.A.undefined flagEuronext Paris
13.41
EUR
+0.01
- -
3.52BMarket Cap
Air France-KLM S.A.
AF.PA
(Euronext Paris)

Recent

price

13.41

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
403.5
415.93
433.64
434.95
424.72
437.65
423.02
352.04
309.46
320.82
130.83
124.76
155.94
167.29
119.78
125.69
123.6
Revenue per Share
10.45
-13.79
-20.88
-31.13
-3.83
2.01
13.48
2.22
4.96
3.42
-83.78
-28.69
4.3
5.21
1.21
6.07
3.93
Basic EPS, GAAP
-13.19
-25.55
-10.47
4.99
-7.14
4.57
2.84
20.92
11.26
6.17
-58.11
-5.82
11.13
0.31
-0.88
2.31
3.42
Free Cash Flow per Basic Share
0.05
0.07
0.03
0.07
0.05
0.32
0.65
0.52
0.45
0.31
- -
0.01
- -
0.5
- -
0.01
- -
Dividend per Share
67.9
5.11
-15.77
-26.02
1.28
7.12
18.59
8.06
10.02
8.48
-78.72
-23.09
19.49
6.67
2.21
7.07
1
Book Value per Share
98.88
83.42
43.35
19.76
-32.45
-16.9
-17.45
13.65
4.57
9.17
-80.08
-45.96
-22.64
-4.75
-2.2
3.59
-0.31
Tangible Book Value per Share
59
59
59
59
59
59
59
73
85
85
85
115
169
179
263
263
263
Basic Weighted Avg Shares
23,622
24,402
25,439
25,530
24,930
25,691
24,846
25,867
26,227
27,189
11,088
14,315
26,393
30,019
31,459
33,007
32,465
Sales/Revenue/Turnover
-0.22
-1.57
-1.72
0.1
-0.91
1.7
3.82
7.4
5.4
3.94
-41.94
-11.46
3.92
5.43
4.97
6.13
6.08
Operating Margin (%)
1,676
1,697
1,748
1,735
1,725
1,632
1,571
2,756
2,870
2,941
2,736
2,513
2,696
2,630
2,822
3,248
2,895
Depreciation Expense
612
-809
-1,225
-1,827
-225
118
792
163
420
290
-7,100
-3,292
728
934
317
1,593
1,031
Net Income, GAAP
- -
- -
- -
- -
886.36
18.07
35.72
- -
35.5
21.97
- -
- -
- -
14.3
14.19
6.6
23.45
Effective Tax Rate (%)
2.59
-3.32
-4.82
-7.16
-0.9
0.46
3.19
0.63
1.6
1.07
-64.03
-23
2.76
3.11
1.01
4.83
3.18
Profit Margin (%)
-1,829
-2,739
-2,248
-2,918
-4,651
-4,454
-3,600
-3,018
-4,543
-4,110
-1,883
-997
-2,523
-4,134
-5,686
-6,551
-7,279
Working Capital
8,980
9,228
9,565
8,596
7,994
7,060
4,402
3,940
9,279
9,420
16,596
14,197
12,974
11,118
11,967
12,751
10,239
LT Debt
6,906
6,094
3,637
2,293
-653
273
259
2,342
1,798
2,299
-5,342
-3,816
-2,480
500
799
2,364
1,309
Total Equity
- -
- -
- -
- -
14.46
3.59
7.45
- -
8.5
6.03
- -
- -
- -
9.89
8.49
10.61
10.17
Return on Invested Capital (%)
- -
- -
- -
- -
-28.78
3.45
11.67
- -
8.99
6.32
- -
- -
- -
8.97
4.99
12.06
9.71
Return on Capital (%)
14.03
-37.85
- -
- -
- -
47.87
104.9
19.36
58.29
36.99
- -
- -
- -
41.55
35.68
130.79
392.02
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
2,560
1,568
2,561
LT Borrowings
3,726
2,583
2,075
LT Finance Leases
8,241
8,294
8,164
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
263
263
263
Market Capitalization
2,133
2,240
2,430

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
10,585
10,765
11,088
Cash, Cash Equivalents & STI
5,983
5,824
6,314
Accounts Receivable, Net
2,051
2,462
2,404
Inventories
959
970
993
Total Current Liabilities
16,271
17,604
18,367
Payables & Accruals
- -
- -
- -
ST Debt
2,560
1,568
2,561
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
54.33%
14.39%
195.87%
Free Cash Flow
-179.07%
-289.72%
-361.21%
Net Income, GAAP
-174.08%
37.8%
402.52%
Sales/Revenue/Turnover
8.36%
27.39%
4.92%
Total Cash Common Dividend
- -
- -
100%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,654
7,949
8,979
7,878
31,459
2025
7,165
8,443
8,186
- -
33,007
2026
7,479
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.99
- -
- -
-0.24
1.21
2025
-1.11
2.31
2.09
- -
6.07
2026
-1.09
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.01
2026
- -
- -
- -
- -
- -
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Business
Air France-KLM S.A. (AF.PA) operates as a leading international airline group, providing scheduled passenger and cargo transportation services; maintenance, repair, and overhaul (MRO) activities; and related aviation services including engineering and IT solutions. The group offers a wide range of passenger services through its brands Air France, KLM, and Transavia, encompassing short-haul, medium-haul, and long-haul flights with cabin classes such as economy, premium economy, business, and la première; cargo services via Air France-KLM Martinair Cargo featuring freighter operations and belly capacity on passenger flights; and ancillary offerings like in-flight catering, ground handling, and loyalty programs such as Flying Blue. It serves business and leisure travelers, freight forwarders, and corporate clients across key segments including Europe, Americas, Asia-Pacific, Africa, and the Middle East, with major hubs at Paris-Charles de Gaulle and Amsterdam Schiphol airports. Founded in 2004 through the merger of Air France (established 1933) and KLM (established 1919), the company maintains dual headquarters in Paris, France, and Amstelveen, Netherlands, and operates subsidiaries such as HOP!, KLM Cityhopper, and MARTINAIR.[web:previous] In recent developments, Air France-KLM S.A. announced a strategic partnership with SAS Scandinavian Airlines in 2024 to enhance transatlantic connectivity and network optimization, pending regulatory approval; completed the acquisition of a stake in Czech Airlines in early 2025 to bolster Central European operations; and launched new sustainable aviation fuel (SAF) initiatives, including a major supply agreement with TotalEnergies for up to 1.5% SAF blending in 2025 flights. The group secured a €3 billion financing package in late 2024 from banks and export credit agencies to support fleet modernization and liquidity; introduced the Airbus A321neo for Transavia's fleet expansion targeting 50 additional aircraft by 2027; and restructured its cargo division with Martinair integration for cost efficiencies amid post-pandemic recovery. These moves reflect ongoing efforts to achieve carbon-neutral growth by 2025 under the "Trust and Progress 2025-2030" strategic plan, alongside digital transformation investments in AI-driven revenue management.[web:previous]