BAE Systems plc

BAE Systems plc

22.61
EUR
-0.26
(-1.14%)
61.66BMarket Cap
Feb 25Next 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
5.21
4.88
5.31
5.61
5.41
5.27
5.75
6.04
6.13
6.83
7.61
8.73
9.45
- -
Basic EPS, GAAP
0.05
0.23
0.29
0.29
0.26
0.31
0.46
0.41
0.55
0.51
0.61
0.65
0.69
- -
Free Cash Flow per Basic Share
-0.12
0.11
0.12
0.23
0.45
0.22
0.35
0.22
0.58
0.69
0.92
0.92
0.78
- -
Dividend per Share
0.2
0.2
0.21
0.21
0.21
0.22
0.23
0.23
0.24
0.26
0.28
0.31
0.34
- -
Book Value per Share
1.05
0.58
0.94
1.08
1.48
1.74
1.69
1.44
2.35
3.64
3.49
3.97
4.03
4.22
Tangible Book Value per Share
-1.98
-2.58
-2.25
-2.46
-1.78
-1.6
-1.55
-2.21
-1.35
-0.46
-0.51
-1.59
-1.18
-1.01
Basic Weighted Avg Shares
3,234
3,165
3,161
3,171
3,182
3,192
3,183
3,191
3,187
3,112
3,031
3,013
2,997
2,960
Sales/Revenue/Turnover
16,864
15,430
16,787
17,790
17,224
16,821
18,305
19,277
19,521
21,258
23,078
26,312
28,336
- -
Operating Margin (%)
3.73
7.11
7.77
8.95
9.63
8.82
9.46
9.11
9.73
9.93
10
9.28
9.46
- -
Depreciation Expense
1,397
657
460
345
728
411
660
675
701
764
782
1,085
1,160
- -
Net Income, GAAP
168
740
918
913
827
1,000
1,476
1,299
1,758
1,591
1,857
1,956
2,062
- -
Effective Tax Rate (%)
58.29
14.74
13.49
18.51
20.13
15.6
5.78
14.1
9.38
15.84
16.6
12.48
16.37
- -
Profit Margin (%)
1
4.8
5.47
5.13
4.8
5.94
8.06
6.74
9.01
7.48
8.05
7.43
7.28
- -
Working Capital
-2,276
-2,068
-821
-270
789
291
111
23
122
788
830
-589
-156
284
LT Debt
2,512
2,867
3,775
4,425
4,069
3,514
4,136
5,977
5,687
6,564
5,705
9,371
8,703
8,259
Total Equity
3,418
1,877
3,002
3,464
4,755
5,618
5,511
4,921
7,668
11,400
10,723
11,777
11,937
12,547
Return on Invested Capital (%)
22.96
86.46
53.03
28.84
16.43
15
17.2
14.68
16.4
12.31
11.95
11.81
11.27
- -
Return on Capital (%)
4.88
17.38
19.78
16.04
13.03
13.07
17.33
13.68
14.74
10.96
11.62
12.01
11.13
- -
Return on Common Equity (%)
4.73
28.34
38
28.41
20.29
19.5
26.95
25.85
29.11
17.06
17.06
17.64
17.62
- -

Capital Structure

GBP

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
814
348
894
LT Borrowings
7,053
7,190
6,686
LT Finance Leases
1,561
1,513
1,573
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,935
2,927
2,932
Market Capitalization
- -
50,202
53,123

Working Capital

GBP

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
11,158
12,147
13,957
Cash, Cash Equivalents & STI
2,444
3,621
4,355
Accounts Receivable, Net
3,155
1,563
3,875
Inventories
1,371
1,384
1,536
Total Current Liabilities
11,634
12,303
13,673
Payables & Accruals
- -
- -
- -
ST Debt
814
348
894
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.79%
21.95%
1.36%
Free Cash Flow
34.71%
39.35%
-15.68%
Net Income, GAAP
9.99%
10.66%
5.42%
Sales/Revenue/Turnover
5.5%
8.09%
7.69%
Total Cash Common Dividend
4.64%
6.64%
9.61%

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
26,312
2025
- -
- -
28,336
2026
- -
- -
- -

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.65
2025
- -
- -
0.69
2026
- -
- -
- -

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.31
2025
- -
- -
0.34
2026
- -
- -
- -

Company Description

CEO
Charles Nicolas Woodburn
Full Time Employees
104,000
Sector
Electronic technology
Industry
Aerospace & defense
Address
6 Carlton Gardens London GL United Kingdom SW1Y 5AD
IPO Date
Feb 11, 1981
Business
BAE Systems plc engages in the design, development, manufacture, upgrade, and support of advanced defence, aerospace, security, and intelligence solutions across air, land, sea, cyber, space, and electronics domains for government and commercial customers worldwide. Founded in 1999 through the merger of Marconi Electronic Systems and British Aerospace, the company, headquartered at 6 Carlton Gardens in London, United Kingdom, operates primarily in six home markets including the United States, United Kingdom, Saudi Arabia, Australia, Sweden, and South Africa, with additional presence in Canada, Japan, India, Qatar, Oman, and Turkey. Its core products and services encompass combat and trainer aircraft; combat vehicles, ammunition, precision munitions, artillery systems, and missile launchers; cyber security and intelligence capabilities; advanced electronics for military and commercial markets including electronic warfare and navigation systems; complex surface ships and naval ship repair; full-spectrum engineering, information management, financial, and human resource services; and space systems such as spacecraft, mission payloads, optical systems, and antennas. BAE Systems organizes its operations into key segments: Electronic Systems for US and UK-based electronic warfare; Cyber & Intelligence for intelligence, security, and digital solutions supplied mainly to the US government; Platforms & Services for combat vehicles, munitions, weapons upgrades, and ship repair in the US, Sweden, and UK; Air for US, European, Saudi Arabian, and Australian air programs; and Maritime for UK-based naval and land activities. In recent developments, BAE Systems completed the $5.5 billion acquisition of Ball Aerospace in February 2024, establishing a new Space & Mission Systems segment and funding it via a $4.8 billion US bond issuance; launched OneArc, a defense technology unit focused on military training in December 2025; formed a joint venture with Leonardo and Japan Aircraft Industrial Enhancement Co Ltd for the Global Combat Air Programme (GCAP) next-generation combat aircraft; and continues investments in AI-enabled targeting, electronic warfare, autonomous systems, and green propulsion technologies amid a record order backlog exceeding £69 billion.

Company News

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  • BAE weighs bid for Robin Radar in possible $2.3 billion deal, sources say

  • JP Morgan backs BAE and Babcock as defence investors favour durable order books

  • Citi keeps faith in BAE and Babcock even under lower defence spending

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  • BAE Systems, Inc. Names Michael Loeffler Vice President of Supply Chain

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  • BAE Systems: A Solid Buy In The European Defense Rally

  • Bae Systems PLC (OTCMKTS:BAESY) Receives Average Rating of “Hold” from Brokerages

  • BAE Systems: Thesis Remains Sound Despite The H1-26 Surge

  • The Morning Risk Report: BAE Systems Fined $36 Million for Illegal Exports

  • BAE Systems plc (BAESY) Q2 2026 Earnings Call Transcript

  • BAE Systems sets sights on higher profits as defence spending rises

  • BAE Systems Lifts Guidance As Defense Spending Booms

  • UK's BAE Systems upgrades 2026 outlook on military demand