Air France-KLM/€AF
1D1W1MYTD1Y5YMAX
Capital at risk
About Air France-KLM
- Ticker
- €AF
- Sector
- Mobility
- Primary listing
- PAR
- Employees
- 80,394
- Headquarters
- Paris, France
- Website
- www.airfranceklm.com
Air France-KLM Metrics
BasicAdvanced
€3.1B
2.95
€3.94
1.31
-
Price and volume
Market cap
€3.1B
Beta
1.31
52-week high
€14.39
52-week low
€8.37
Average daily volume
849K
Financial strength
Current ratio
0.674
Quick ratio
0.494
Long term debt to equity
482.921
Total debt to equity
551.633
Dividend payout ratio (TTM)
6.20%
Interest coverage (TTM)
3.28%
Profitability
EBITDA (TTM)
3,740
Gross margin (TTM)
21.07%
Net profit margin (TTM)
3.36%
Operating margin (TTM)
6.25%
Effective tax rate (TTM)
-4.03%
Revenue per employee (TTM)
€420,000
Management effectiveness
Return on assets (TTM)
3.34%
Return on equity (TTM)
63.09%
Valuation
Price to earnings (TTM)
2.947
Price to revenue (TTM)
0.089
Price to book
-4.95
Price to tangible book (TTM)
-1.48
Price to free cash flow (TTM)
5.479
Free cash flow yield (TTM)
18.25%
Free cash flow per share (TTM)
2.121
Growth
Revenue change (TTM)
5.21%
Earnings per share change (TTM)
11.40%
3-year revenue growth (CAGR)
5.37%
10-year revenue growth (CAGR)
3.02%
3-year earnings per share growth (CAGR)
2.96%
10-year earnings per share growth (CAGR)
-15.10%
What the Analysts think about Air France-KLM
Analyst ratings (Buy, Hold, Sell) for Air France-KLM stock.
Analyst projections of the future price of Air France-KLM stock.
Bulls say / Bears say
Q2 revenue rose 9.9% to €9.3 billion, while constant-currency unit revenue increased 8.7%; premiumization and strong cargo demand helped recapture about 85% of the fuel-cost increase. (Air France-KLM)
The balance sheet remains manageable, with €10.3 billion of cash, net debt of €8.4 billion and leverage of 1.6x adjusted EBITDA at June 30, 2026; recurring adjusted free cash flow for the first half was €928 million. (Air France-KLM)
Fleet renewal is accelerating, with 38% of the fleet consisting of new-generation aircraft, while management expects 2026 unit-cost growth of 0%–2% and capacity growth of 2%–3%, supporting efficiency and higher-value traffic over time. (Air France-KLM)
Q2 adjusted operating profit fell €251 million year over year to €484 million, as Middle East-related disruption and higher fuel costs outweighed strong revenue growth. The 2026 fuel bill is still expected to rise by about $2 billion versus 2025. (Air France-KLM)
KLM remains a material drag: its first-half 2026 operating result was only €68 million, and management said this was insufficient to make the business structurally robust amid rising costs and intense competition. (KLM)
The binding offer for up to 49.9% of TAP Air Portugal introduces acquisition, integration and capital-allocation risk; Portugal has extended the privatization timetable through year-end, leaving the outcome and final economics unresolved. (Air France-KLM; Cinco Días)
Data summarised monthly by Lightyear AI. Last updated on 9 Sept 2026.
Air France-KLM Financial Performance
Revenues and expenses
Air France-KLM Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Air France-KLM
AllEURGBPUSD
Fund name | Fund size | €AF weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.10% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.10% |
iShares Dow Jones Eurozone Sustainability Screened€EXXV | €217M | 0.06% |
iShares MSCI World Small Cap$WSML | $9B | 0.02% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.02% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.