IAR S.A. (BVB:IARV)
Romania flag Romania · Delayed Price · Currency is RON
27.20
-0.70 (-2.51%)
At close: Nov 3, 2026

IAR S.A. Financials Overview

Millions RON. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
402.91440.85381.62427.48315.42329.51
Revenue Growth
14.75%15.52%-10.73%35.53%-4.27%28.57%
Gross Profit
159.9135.99124.32165.48103.2895.49
Operating Income
72.9547.0530.9629.516.2723.01
Net Income
71.8147.6831.5424.0714.223.49
Earnings Per Share
3.932.611.731.320.781.28
EPS Growth
183.91%51.15%31.06%69.53%-39.55%-30.85%

Revenue by Geography

Fiscal Year
FY 2025
Period EndingDec '25
Romania
412.28
Export
28.57
Total
440.85

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
56.2760.7519.8685.64258.2945.3
Total Debt
----42.7373.02
Net Cash (Debt)
56.2760.7519.8685.64215.56-27.72
Net Cash Growth
62.06%205.88%-76.81%-60.27%--
Net Cash Per Share
3.083.321.094.6911.79-1.52

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
248.79159.27-167.24-118.15263.984.82
Capital Expenditures
-17.99-17.99-10.67-10.13-15.67-15.45
Free Cash Flow
230.8141.28-177.91-128.27248.31-10.63
Free Cash Flow Growth
------

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
39.69%30.85%32.58%38.71%32.74%28.98%
Operating Margin
18.11%10.67%8.11%6.90%5.16%6.98%
Pretax Margin
19.23%11.89%9.33%8.21%5.69%8.05%
Profit Margin
17.82%10.82%8.27%5.63%4.50%7.13%
FCF Margin
57.28%32.05%-46.62%-30.01%78.72%-3.23%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
2.3502.3500.2900.6400.2910.300
Dividend Per Share Growth
362.76%710.34%-54.69%119.93%-3.00%-29.01%
Dividend Yield
8.64%15.31%2.32%4.64%3.13%2.44%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
6.925.887.2410.4811.979.57
P/FCF Ratio
2.151.99--0.69-
PS Ratio
1.230.640.600.590.540.68