Ryufin

Thales

France · FR0000121329 · reports in EUR · Europe

The answers

From the annual report for the year to Dec 31, 2025. Each line says what it is based on.

Is it growing?Fair
Revenue +7.6% in the year to Dec 31, 2025, on the year before.
Is it a good business?Good
It earned 21% on its shareholders' equity in the year to Dec 31, 2025.
Is it safe?To watch
Equity is 20% of its assets, and operations brought in cash in the year.
Is the price fair?n/a
Not answered: no exchange publishes this company's price for free reuse, so there is no P/E here.

The year

Year to Dec 31, 2025, consolidated, in EUR.

€22.1B

revenue

9.3%

operating margin

€1.7B

net profit

Year by year

As filed; an earlier year can differ from its own report when the company restated it.

Dec 2021Dec 2022Dec 2024Dec 2025
Revenue€16.2B€17.6B€20.6B€22.1B
Operating profit€1.2B€1.3B€1.3B€2.1B
Net profit to shareholders€1.1B€1.1B€1.4B€1.7B
Earnings per share€5.12€5.29€6.91€8.15
Dividend per share€2.56n/a€3.70n/a
Cash from operations€2.7B€3.0B€2.6B€3.3B
Cash€5.0B€5.1B€4.8B€4.4B
Total assets€32.8B€34.4B€40.0B€39.2B
Equity€6.7B€7.4B€7.6B€8.0B

What they do

In the company's own words, from the annual report.

La Société a pour objet, directement ou indirectement, en tous pays : 1. L’étude, la construction, l’installation, la maintenance, l’exploitation, la fabrication, l’achat, la vente, l’échange, l’apport ou la location de tous équipements, outillages, stations, appareils, articles ouvrés ou semi-ouvrés, matériaux, matières, composants, systèmes, dispositifs, procédés et, d’une manière générale, de tous produits concernant les applications de l’électronique dans tous les domaines ;À cet effet, le dépôt, l’achat, la vente, l’échange, l’apport, la concession ou l’exploitation de tous brevets d’invention, licences et marques de fabrique ou de commerce ;2. La recherche, l’obtention, l’acquisition, la cession, l’échange, l’apport, la location ou l’exploitation de toutes concessions ou entreprises publiques ou privées, la formation de personnel et la prestation de tous services se rapportant aux

Source: the company’s annual financial report in ESEF, via filings.xbrl.org (XBRL International). Listed shares from ESMA’s FIRDS register; ESMA does not endorse this site. Ryufin computed the answers and ratios from the filed figures.