Air Arabia PJSC (DFM:AIRARABIA)
United Arab Emirates flag United Arab Emirates · Delayed Price · Currency is AED
5.20
+0.05 (0.97%)
Aug 7, 2026, 1:24 PM GST

Air Arabia PJSC Financials Overview

Millions AED. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
7,8097,7886,7666,0005,2423,174
Revenue Growth
11.49%15.10%12.77%14.46%65.14%71.48%
Gross Profit
1,6291,6991,5631,6571,432882.87
Operating Income
1,1841,2701,1841,2391,077642.96
Net Income
1,5721,6281,4671,5471,222719.93
Earnings Per Share
0.340.350.310.330.260.15
EPS Growth
2.64%11.01%-5.18%26.63%69.71%-

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Airline
7,3807,3606,2315,6674,9772,980
Eliminations
-115.79-107.61-78.3-64.18-64.57-18.47
Other Segments
544.94535.32486.04396.64329.14212.47
Total
7,8097,7886,6396,0005,2423,174

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
4,9715,1995,3205,2464,7363,878
Total Debt
2,9152,7812,1012,2792,8883,274
Net Cash (Debt)
2,0572,4173,2182,9671,848603.77
Net Cash Growth
-37.64%-24.88%8.45%60.57%206.09%-
Net Cash Per Share
0.440.520.690.640.400.13

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
2,3142,8602,2792,3042,1881,949
Capital Expenditures
-1,982-2,328-579.65-378.04-256.03-52.46
Free Cash Flow
332.03532.81,6991,9261,9321,896
Free Cash Flow Growth
-82.85%-68.64%-11.79%-0.29%1.88%150.69%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
20.86%21.82%23.10%27.61%27.31%27.82%
Operating Margin
15.17%16.30%17.50%20.64%20.55%20.26%
Pretax Margin
22.46%23.51%23.78%25.80%23.32%22.68%
Profit Margin
20.13%20.91%21.68%25.79%23.31%22.68%
FCF Margin
4.25%6.84%25.11%32.10%36.85%59.74%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.3000.3000.2500.2000.1500.085
Dividend Per Share Growth
20.00%20.00%25.00%33.33%76.47%-
Dividend Yield
5.61%6.90%9.37%8.78%9.25%8.18%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
15.2913.359.808.518.219.40
Forward PE
16.1212.439.688.2411.3218.13
P/FCF Ratio
72.3840.828.466.835.193.57
PS Ratio
3.082.792.122.191.912.13