To the full analysis
Thales stock: growth
HO.PAThales reported $24.53B in revenue for fiscal 2025, up 7.6% on the prior year, up 5.4% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
4.1%
per year from 2006 to 2025, per share 3.4%
Earnings (Annual rate)
8%
per year from 2006 to 2025, per share 6.9%
Free cash flow (Annual rate)
11.4%
per year from 2006 to 2025, per share 10.6%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 5.4% | 4.6% | 4.1% |
| Revenue per share | 6.2% | 4.8% | 3.4% |
| Earnings | 28.2% | 8.1% | 8.0% |
| Earnings per share | 29.1% | 8.3% | 6.9% |
| Free cash flow | 22.6% | 8.6% | 11.4% |
| Free cash flow per share | 23.5% | 8.7% | 10.6% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $11.37B | $429.94M | $378.42M |
| 2007 | $13.62B | $983.33M | $1.09B |
| 2008 | $14.03B | $620.43M | $909.53M |
| 2009 | $14.27B | −$223.39M | $1.29B |
| 2010 | $14.54B | −$119.23M | $230.04M |
| 2011 | $14.44B | $567.13M | $346.95M |
| 2012 | $15.69B | $648.79M | $942.35M |
| 2013 | $15.73B | $635.38M | $674.18M |
| 2014 | $14.38B | $791.41M | $634.29M |
| 2015 | $15.58B | $847.81M | $1.28B |
| 2016 | $16.49B | $1.05B | $1.06B |
| 2017 | $17.5B | $753.29M | $1.78B |
| 2018 | $17.57B | $1.09B | $976.08M |
| 2019 | $20.39B | $1.24B | $1.4B |
| 2020 | $18.83B | $535.66M | $1.05B |
| 2021 | $17.94B | $1.21B | $2.5B |
| 2022 | $19.47B | $1.24B | $2.84B |
| 2023 | $20.42B | $1.13B | $1.08B |
| 2024 | $22.8B | $1.57B | $2.23B |
| 2025 | $24.53B | $1.86B | $2.92B |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong since 10 Nov 2026, previously Neutral
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.