BAE Systems plc (LON:BA)
London · Delayed Price · Currency is GBP · Price in GBX 1,971.00
+6.00 (0.31%)
Jul 24, 2026, 4:42 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 | Dec '25 Dec 31, 2025 | 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 | 28,336 | 28,336 | 26,312 | 23,078 | 21,258 | 19,521 |
Revenue Growth | 3.39% | 7.69% | 14.01% | 8.56% | 8.90% | 1.27% |
Gross Profit Gross Profit Growth | 2,498 | 2,498 | 2,206 | 2,161 | 1,989 | 1,778 |
Operating Income Operating Income Growth | 2,925 | 2,925 | 2,685 | 2,573 | 2,384 | 2,389 |
Net Income Net Income Growth | 2,062 | 2,062 | 1,956 | 1,857 | 1,591 | 1,758 |
Earnings Per Share EPS Growth | 0.68 | 0.68 | 0.64 | 0.60 | 0.51 | 0.55 |
EPS Growth | 4.46% | 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 | Dec '25 Dec 31, 2025 | 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 | 7,310 | 7,310 | 6,988 | 5,299 | 4,942 | 4,390 |
Platforms & Services Platforms & Services Growth | 4,948 | 4,948 | 4,288 | 3,796 | 3,555 | 3,284 |
Air Air Growth | 7,318 | 7,318 | 6,840 | 6,484 | 6,257 | 6,022 |
Maritime Maritime Growth | 6,507 | 6,507 | 5,915 | 5,305 | 4,413 | 4,013 |
Cyber & Intelligence Cyber & Intelligence Growth | 2,245 | 2,245 | 2,271 | 2,194 | 2,091 | 1,812 |
HQ HQ Growth | 8 | 8 | 10 | - | - | - |
Revenue (Total) Revenue (Total) Growth | 28,336 | 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 | Dec '25 Dec 31, 2025 | 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 | 3,438 | 3,438 | 3,378 | 4,067 | 3,107 | 2,917 |
Total Debt Total Debt Growth | 9,051 | 9,051 | 10,253 | 6,531 | 6,858 | 6,356 |
Net Cash (Debt) Net Cash Growth | -5,613 | -5,613 | -6,875 | -2,464 | -3,751 | -3,439 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -1.85 | -1.85 | -2.25 | -0.80 | -1.19 | -1.07 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Dec '25 Dec 31, 2025 | 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 | 3,432 | 3,432 | 3,925 | 3,760 | 2,839 | 2,447 |
Capital Expenditures CapEx Growth | -920 | -920 | -990 | -826 | -599 | -516 |
Free Cash Flow Free Cash Flow Growth | 2,512 | 2,512 | 2,935 | 2,934 | 2,240 | 1,931 |
Free Cash Flow Growth | 11.10% | -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 | Dec '25 Dec 31, 2025 | 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 | 8.82% | 8.82% | 8.38% | 9.36% | 9.36% | 9.11% |
Operating Margin | 10.32% | 10.32% | 10.20% | 11.15% | 11.21% | 12.24% |
Pretax Margin | 9.08% | 9.08% | 8.86% | 10.08% | 9.36% | 10.81% |
Profit Margin | 7.59% | 7.59% | 7.76% | 8.41% | 7.87% | 9.79% |
FCF Margin | 8.87% | 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 | Jul '26 Jul 25, 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 | 10.00% | 10.00% | 10.00% | 11.11% | 7.57% | 5.91% |
Dividend Yield | 1.84% | 2.00% | 2.71% | 2.55% | 3.01% | 4.43% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 25, 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 | 28.99 | 25.21 | 17.92 | 18.39 | 16.95 | 10.05 |
Forward PE | 23.78 | 21.03 | 15.59 | 16.70 | 14.74 | 11.04 |
P/FCF Ratio | 22.22 | 19.97 | 11.46 | 11.56 | 12.01 | 9.15 |
PS Ratio | 1.97 | 1.77 | 1.28 | 1.47 | 1.27 | 0.90 |