Thales/€HO
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Thales
Thales Group is a multinational company headquartered in Paris, France, specializing in aerospace, defense, transportation, and security systems. Its core business involves the development and manufacture of electronics and systems for defense, aerospace, and ground transportation markets. The company is known for its radar systems, avionics, and other critical security technologies. Thales operates globally, with significant operations in Europe, Asia, and North America, serving governments, institutions, and private sector customers. Its strategic capabilities include expertise in integrated systems and cybersecurity, which position it to address complex, mission-critical challenges. Established in 1893, Thales continues to expand through innovation and strategic acquisitions.
- Ticker
- €HO
- Sector
- Industrials
- Primary listing
- PAR
- Employees
- 82,111
- Headquarters
- Meudon, France
- Website
- www.thalesgroup.com
Thales Metrics
BasicAdvanced
€45B
30.58
€7.26
0.12
€3.90
1.76%
Price and volume
Market cap
€45B
Beta
0.12
52-week high
€274.10
52-week low
€214.50
Average daily volume
258K
Dividend rate
€3.90
Financial strength
Current ratio
0.829
Quick ratio
0.572
Long term debt to equity
0.444
Total debt to equity
0.695
Dividend payout ratio (TTM)
53.57%
Interest coverage (TTM)
10.59%
Profitability
EBITDA (TTM)
3,067.8
Gross margin (TTM)
26.86%
Net profit margin (TTM)
6.55%
Operating margin (TTM)
10.40%
Effective tax rate (TTM)
18.12%
Revenue per employee (TTM)
€280,000
Management effectiveness
Return on assets (TTM)
3.76%
Return on equity (TTM)
19.35%
Valuation
Price to earnings (TTM)
30.581
Price to revenue (TTM)
1.999
Price to book
5.6
Price to tangible book (TTM)
-18.07
Price to free cash flow (TTM)
11.602
Free cash flow yield (TTM)
8.62%
Free cash flow per share (TTM)
19.135
Dividend yield (TTM)
1.76%
Growth
Revenue change (TTM)
6.89%
Earnings per share change (TTM)
40.26%
3-year revenue growth (CAGR)
8.17%
10-year revenue growth (CAGR)
4.59%
3-year earnings per share growth (CAGR)
8.32%
10-year earnings per share growth (CAGR)
5.74%
3-year dividend per share growth (CAGR)
-1.00%
10-year dividend per share growth (CAGR)
7.66%
What the Analysts think about Thales
Analyst ratings (Buy, Hold, Sell) for Thales stock.
Analyst projections of the future price of Thales stock.
Bulls say / Bears say
Thales’ H1 2026 order intake rose 21% to €12.47bn, and adjusted profit margins beat expectations. The strong order flow supports revenue visibility and management maintained its 6–7% organic sales growth target. (Reuters)
France’s first Rafale F5 development contracts include Thales work on a new radar, a resilient data link and electronic warfare systems. This places the group in a major aircraft upgrade programme and could support longer-term defence work. (Defence Industry Europe)
Singapore selected Thales to develop its next-generation air-traffic management system and control radars, planned to enter service by 2030. This adds a major civil-aviation project alongside its defence business. (Morningstar)
Germany’s cancellation of the F126 frigate programme led Thales to book an exceptional charge of about €450m, reducing first-half net income by roughly €350m. The loss highlights the financial risk of complex programmes and customer decisions. (Reuters)
Cyber & Digital was a weak spot in H1: adjusted EBIT fell to €195m from €267m, and its margin dropped 3.6 percentage points amid difficult conditions in payments and biometrics. A sustained recovery in this business is not yet assured. (Investing.com)
Management said electronic boards and propellants remained supply-constrained in Q1 and flagged caution about defence growth while production ramps up. Such bottlenecks could delay the conversion of strong orders into sales. (Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 6 Oct 2026.
Thales Financial Performance
Revenues and expenses
Thales Earnings Performance
Company profitability
Upcoming events
Funds containing Thales
AllEURGBPUSD
Fund name | Fund size | €HO weighting |
|---|---|---|
Wisdomtree Europe Defence€EUDF | €4.9B | 12.27% |
Wisdomtree Europe Defence£WDEP | £4.2B | 12.27% |
Amundi Stoxx Europe Defense£DEFE | £141M | 8.99% |
VanEck Defense€DFEN | €2.8B | 6.95% |
Vaneck Defense£DFNG | £2.4B | 6.95% |
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.