Airbus Q4 Earnings: Revenue Surges 8%, Order Intake Value Declines And More

Airbus SE, the European aerospace giant, reported its fourth-quarter earnings on February 20, 2025, with revenue surging 8% year-over-year to €24.716 billion, beating analyst expectations. The company's earnings per share (EPS) also came in strong at €3.07, up from €1.85 in the same period last year. Let's dive into the key takeaways from the earnings report.

Revenue Growth Driven by Commercial Aircraft Deliveries

Airbus' commercial aircraft activities generated €17.767 billion in revenue, up 9% year-over-year. The company delivered 25 commercial aircraft in the quarter, compared to 23 in the same period last year. This increase in deliveries, coupled with higher prices, contributed to the revenue growth. Guillaume Faury, Airbus' Chief Executive Officer, attributed the strong performance to the company's ability to deliver on its 2024 guidance despite market uncertainties.



Order Intake Value Declines, but Book-to-Bill Ratio Remains Strong

Airbus' consolidated order intake by value decreased to €103.5 billion in 2024, down 42% from €186.5 billion in 2023. However, the company's book-to-bill ratio remained strong at above 1, indicating solid demand for its products and services. The decline in order intake value can be attributed to market uncertainties and geopolitical tensions, but Airbus' strong book-to-bill ratio suggests that the company is well-positioned to weather these challenges.

Dividend Proposals and 2025 Guidance

Airbus' Board of Directors proposed a dividend of €2.00 per share and a special dividend of €1.00 per share for 2024. The company also provided guidance for 2025, expecting around 820 commercial aircraft deliveries, €7.0 billion in EBIT Adjusted, and €4.5 billion in free cash flow before customer financing.



In conclusion, Airbus' Q4 earnings report demonstrated strong revenue growth driven by commercial aircraft deliveries, despite a decline in order intake value. The company's book-to-bill ratio remained robust, and its dividend proposals and 2025 guidance indicate a positive outlook for the future. As the aerospace industry continues to evolve, investors should keep a close eye on Airbus' performance and its ability to adapt to market challenges.