BAE Systems plc (LON:BA)
1,979.00
-8.50 (-0.43%)
Sep 3, 2026, 4:58 PM GMT
BAE Systems Financials Overview
Financials in millions GBP. Fiscal year is January - December.
Millions GBP. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 29,380 | 28,336 | 26,312 | 23,078 | 21,258 | 19,521 |
Revenue Growth | 3.68% | 7.69% | 14.01% | 8.56% | 8.90% | 1.27% |
Gross Profit Gross Profit Growth | 3,912 | 3,744 | 3,426 | 2,999 | 2,774 | 2,503 |
Operating Income Operating Income Growth | 2,911 | 2,750 | 2,473 | 2,361 | 2,082 | 1,844 |
Net Income Net Income Growth | 2,113 | 2,062 | 1,956 | 1,857 | 1,591 | 1,758 |
Earnings Per Share EPS Growth | 0.70 | 0.68 | 0.64 | 0.60 | 0.51 | 0.55 |
EPS Growth | 2.65% | 6.08% | 6.13% | 19.60% | -7.68% | 35.06% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Electronic Systems Electronic Systems Growth | 7,606 | 7,310 | 6,988 | 5,299 | 4,942 | 4,390 |
Platforms & Services Platforms & Services Growth | 5,204 | 4,948 | 4,288 | 3,796 | 3,555 | 3,284 |
Air Air Growth | 7,677 | 7,318 | 6,840 | 6,484 | 6,257 | 6,022 |
Maritime Maritime Growth | 6,648 | 6,507 | 5,915 | 5,305 | 4,413 | 4,013 |
Cyber & Intelligence Cyber & Intelligence Growth | 2,236 | 2,245 | 2,271 | 2,194 | 2,091 | 1,812 |
HQ HQ Growth | 9 | 8 | 10 | - | - | - |
Revenue (Total) Revenue (Total) Growth | - | 28,336 | 26,312 | 23,078 | 21,258 | 19,521 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 4,200 | 3,469 | 3,427 | 4,110 | 3,130 | 2,925 |
Total Debt Total Debt Growth | 9,153 | 9,159 | 10,316 | 6,699 | 6,972 | 6,519 |
Net Cash (Debt) Net Cash Growth | -4,953 | -5,690 | -6,889 | -2,589 | -3,842 | -3,594 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -1.64 | -1.88 | -2.26 | -0.84 | -1.22 | -1.12 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 5,601 | 3,432 | 3,925 | 3,760 | 2,839 | 2,447 |
Capital Expenditures CapEx Growth | -903 | -920 | -990 | -826 | -599 | -516 |
Free Cash Flow Free Cash Flow Growth | 4,698 | 2,512 | 2,935 | 2,934 | 2,240 | 1,931 |
Free Cash Flow Growth | 87.02% | -14.41% | 0.03% | 30.98% | 16.00% | 147.25% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 13.31% | 13.21% | 13.02% | 13.00% | 13.05% | 12.82% |
Operating Margin | 9.91% | 9.71% | 9.40% | 10.23% | 9.79% | 9.45% |
Pretax Margin | 9.07% | 9.08% | 8.86% | 10.08% | 9.36% | 10.81% |
Profit Margin | 7.19% | 7.28% | 7.43% | 8.05% | 7.48% | 9.01% |
FCF Margin | 15.99% | 8.87% | 11.15% | 12.71% | 10.54% | 9.89% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 3, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 0.363 | 0.363 | 0.330 | 0.300 | 0.270 | 0.251 |
Dividend Per Share Growth | 10.85% | 10.00% | 10.00% | 11.11% | 7.57% | 5.91% |
Dividend Yield | 0.02% | 2.14% | 2.96% | 2.85% | 3.42% | 5.12% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 3, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 28.35 | 24.75 | 17.52 | 18.09 | 16.52 | 9.89 |
Forward PE | 22.04 | 21.03 | 15.59 | 16.70 | 14.74 | 11.04 |
P/FCF Ratio | 11.93 | 20.31 | 11.68 | 11.45 | 11.73 | 9.00 |
PS Ratio | 1.91 | 1.80 | 1.30 | 1.46 | 1.24 | 0.89 |