Air Arabia PJSC

Air Arabia PJSC

DDFM:AIRARABIA
4.85
AED
0.00
(0.00%)
0.28EPS
19.42P/E
25.43BMarket Cap
Nov 16Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.68
0.8
0.82
0.81
0.8
0.88
1.02
0.4
0.68
1.12
1.29
1.45
1.67
1.68
Basic EPS, GAAP
0.09
0.12
0.11
0.11
0.14
-0.13
0.21
-0.04
0.15
0.26
0.33
0.31
0.35
0.28
Free Cash Flow per Basic Share
0.05
0.16
0.22
0.17
0.25
0.2
0.36
0.16
0.4
0.41
0.41
0.36
0.11
-0.1
Dividend per Share
0.07
0.07
0.09
0.09
0.07
0.1
- -
0.09
- -
0.08
0.15
0.2
0.25
- -
Book Value per Share
1.19
1.08
1.06
1.17
1.29
0.97
1.19
0.97
1.3
1.5
1.61
1.7
1.8
1.6
Tangible Book Value per Share
0.92
0.81
0.79
0.89
1.02
0.69
0.91
0.68
1.02
1.21
1.33
1.41
1.51
1.3
Basic Weighted Avg Shares
4,667
4,667
4,667
4,667
4,667
4,667
4,667
4,667
4,667
4,667
4,667
4,667
4,667
4,667
Sales/Revenue/Turnover
3,184
3,729
3,826
3,778
3,739
4,122
4,758
1,851
3,174
5,242
6,000
6,766
7,788
7,829
Operating Margin (%)
11.09
13.33
15.17
10.19
13.9
11.93
19.6
-8.7
20.26
20.55
20.66
17.5
16.3
12.04
Depreciation Expense
222
303
391
442
491
532
559
598
614
628
642
644
617
650
Net Income, GAAP
421
553
511
490
631
-609
990
-192
720
1,222
1,547
1,467
1,628
1,310
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
8.79
11.04
8.73
Profit Margin (%)
13.21
14.83
13.36
12.98
16.87
-14.79
20.81
-10.38
22.68
23.31
25.79
21.68
20.91
16.73
Working Capital
270
-118
282
559
993
279
730
573
1,488
1,925
2,070
1,953
536
-647
LT Debt
1,951
2,635
3,174
3,480
3,458
3,260
3,165
3,073
2,584
2,157
1,598
1,476
2,125
2,966
Total Equity
5,576
5,081
4,998
5,488
6,103
4,586
5,558
4,508
6,075
6,996
7,535
7,952
8,410
7,446
Return on Invested Capital (%)
4.71
6.27
7.02
4.25
5.28
- -
10.41
- -
7.11
11.36
12.65
10.85
10.54
8.2
Return on Capital (%)
6.12
7.5
6.8
6.21
7.3
- -
12.28
- -
9.46
13.9
16.74
15.51
15.89
13.49
Return on Common Equity (%)
7.66
10.42
10.21
9.43
10.99
-11.55
19.66
-3.82
13.61
18.7
21.3
18.95
19.91
17.67

Capital Structure

AED

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
656
621
855
LT Borrowings
1,121
1,041
1,720
LT Finance Leases
1,004
1,252
1,246
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,667
4,667
4,667
Market Capitalization
21,747
18,993
25,434

Working Capital

AED

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,192
6,236
5,564
Cash, Cash Equivalents & STI
5,199
4,971
4,385
Accounts Receivable, Net
239
1,159
1,060
Inventories
97
106
119
Total Current Liabilities
5,657
6,785
6,212
Payables & Accruals
- -
- -
- -
ST Debt
656
621
855
Deferred Revenue
- -
- -
- -

Growth Rates

AED

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.74%
13.78%
5.76%
Free Cash Flow
10.45%
15.1%
-69.55%
Net Income, GAAP
-92.64%
-74.49%
11.01%
Sales/Revenue/Turnover
14.13%
35.79%
15.1%
Total Cash Common Dividend
- -
- -
25.08%

Quarterly Revenue

AED

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,541
1,656
1,787
1,655
6,766
2025
1,779
1,748
2,045
2,296
7,788
2026
1,800
1,689
- -
- -
- -

Quarterly Earnings Per Share

AED

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.08
0.11
0.07
0.31
2025
0.07
0.07
0.12
0.08
0.35
2026
0.05
0.02
- -
- -
- -

Quarterly Dividends Per Share

AED

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.2
2025
- -
- -
- -
- -
0.25
2026
- -
- -
- -
- -
- -

Company Description

CEO
Adel Abdullah Al-Ali
Full Time Employees
2,000
Sector
Transportation
Industry
Airlines
Address
Building A1 Sharjah AS United Arab Emirates 132
IPO Date
Jul 17, 2007
Business
Air Arabia PJSC operates as the Middle East and North Africa's first and largest low-cost carrier, providing scheduled passenger and cargo air transportation services to over 170 destinations across the Middle East, North Africa, Asia, Europe, the Indian subcontinent, and Central Asia; the company offers international commercial air transport, aircraft leasing and rental, aviation training, aircraft maintenance, repair and overhaul services, air cargo handling including general, perishable, valuable, courier cargo and Arabian Express Services, travel agency and tourism services, document transfer, and trading in aircraft spare parts and telecommunications devices. Air Arabia PJSC maintains primary hubs at Sharjah International Airport and Ras Al Khaimah International Airport in the United Arab Emirates, with additional bases at Abu Dhabi International Airport in the UAE, Mohammed V International Airport in Casablanca, Morocco, and Borg El Arab International Airport in Alexandria, Egypt, serving leisure and business travelers through a fleet of 79 Airbus A320 and 9 A321neo LR aircraft featuring spacious economy seating. Founded in 2003 and headquartered at Sharjah International Airport in the United Arab Emirates, the company operates subsidiaries including Air Arabia Abu Dhabi, Air Arabia Maroc, and Air Arabia Egypt. Recent developments include a July 2025 announcement of a consortium led by Air Arabia PJSC, alongside Nesma Group and KUN Holding, winning a bid from Saudi Arabia's General Authority of Civil Aviation to establish and operate a new low-cost national carrier headquartered in Dammam at King Fahd International Airport, initially serving 24 domestic and 57 international routes with a fleet of 45 aircraft and targeting 10 million passengers annually; Air Arabia Abu Dhabi expanded its fleet by adding two Airbus A320 aircraft in 2025, bringing its total to 12 with two more planned before year-end to increase operational capacity by 40% in support of Abu Dhabi's aviation and tourism growth; the group continues fleet modernization with orders for 73 A320neo and 27 A321neo aircraft, including A321XLR variants for long-haul expansion to markets such as Russia and South Africa starting in 2025.