Aerospace propulsion and systems company with strong leverage to aircraft production, defense spending, and long-cycle aftermarket demand.
Profile & Fundamentals
Safran: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Safran Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
Explore this pageJump to a Profile & Fundamentals section
Explore this research
Profile & Fundamentals contents
Jump directly to any section
Company and Market Context
Company Profile & Ownership
Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses in France, rest of Europe, the Americas, the Asia-Pacific, Africa, and the Middle East. The company operates through three segments: Aerospace Propulsion; Aircraft Equipment, Defense and Aerosystems; and Aircraft Interiors. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion and mechanical power transmission systems for commercial aircraft, military transport, training and combat aircraft, civil and military helicopters, and drones; and offers maintenance, repair, and overhaul (MRO) services, as well as sells spare parts. The Aircraft Equipment, Defense and Aerosystems segment provides landing gears and brakes; nacelles and reversers; avionics, such as flight controls and onboard information systems; security systems, including evacuation slides and oxygen masks; onboard computers and fuel systems; electrical power management systems and related engineering services; optronic equipment and sights, navigation equipment and sensors, infantry, and drones; MRO services; and sells spare parts. The Aircraft Interiors segment designs, develops, manufactures, and markets aircraft seats for passengers and crew; cabin equipment, overhead bins, class dividers, passenger service units, cabin interior solutions, chilling systems, galleys, electrical inserts, and trolleys; and cabin equipment and passenger comfort-focused solutions such as water distribution, lavatories, air systems, and in-flight entertainment and connectivity (IFEC) solutions. The company's products and services are used in commercial civil and military aircrafts, and helicopters. Safran SA was founded in 1896 and is headquartered in Paris, France.
Company profile record
Safran SA
Common Stock · Industrials · Aerospace & Defense
Company
- Company / asset
- Safran SA
- Security type
- Common Stock
- Sector
- Industrials
- Industry
- Aerospace & Defense
- HQ
- 🇫🇷 France
- Head office
- 2, boulevard du Général Martial Valin, Paris, France, 75724
Leadership & scale
- Chief executive
- Mr. Olivier Andries
- CEO year born
- 1962
- Full-time employees
- 103.7K
- Fiscal year end
- December
Fundamentals snapshot
- Market Cap
- EUR 136.9B
- P/E
- 16.7x
- Revenue (Q2 26)
- EUR 17.2B
- Profit (Q2 26)
- EUR 1.8B
- Dividend Yield
- 0.8%
- Revenue (FY 25)
- EUR 31.2B
- Shares in public float
- 305.7M
- Insider ownership
- 16.74%
Reporting & identifiers
- Symbol
- SAF.PAR
- Listing
- 🇫🇷 France | Dividend Tax: 25%
- Ticker Currency
- EUR
- Income Statement Currency
- EUR
- Balance Sheet Currency
- EUR
- Cash Flow Currency
- EUR
- EPS Currency
- EUR
- Contract Type
- SPOT
- ISIN
- FR0000073272
- Asset ID
- equity_ec5a39fc-469a-5803-8c4d-1bdfda159876
Ownership
Shares Outstanding
Latest: 415.5M | Max: 432.9M | Min: 415.5M
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
73.57%
305.7M latest reported shares
Insider Ownership
16.74%
Latest reported insider stake
Short Float
--
Latest reported short interest / float
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 416,534,400 |
| 2018-01-01 | 432,888,100 |
| 2019-01-01 | 431,008,400 |
| 2020-01-01 | 432,805,200 |
| 2021-01-01 | 426,620,600 |
| 2022-01-01 | 427,119,600 |
| 2023-01-01 | 427,707,500 |
| 2024-01-01 | 416,826,400 |
| 2025-01-01 | 417,761,000 |
| 2026-01-01 | 415,527,500 |
Top Holders
Available reported ownership records.
No reported records are available in this preview.
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
The headline financial results show striking volatility that requires careful interpretation. While reported net income swung dramatically between fiscal 2024 and 2025 due to non-cash currency hedging adjustments under international accounting rules, underlying revenue expanded 12.5% to €31.2 billion. Commercial engine spare parts billings and expanding equipment shipments drove genuine industrial performance. Free cash flow generation proved exceptionally resilient, reaching €4.48 billion in 2025 and €2.62 billion in the first half of 2026. This cash strength validates that daily flight-hour collections decouple from paper accounting noise. The business consistently turns operational flight hours into cash, funding dividends and share buybacks.
The headline financial results show striking volatility that requires careful interpretation. While reported net income swung dramatically between fiscal 2024 and 2025 due to non-cash currency hedging adjustments under international accounting rules, underlying revenue expanded 12.5% to €31.2 billion. Commercial engine spare parts billings and expanding equipment shipments drove genuine industrial performance. Free cash flow generation proved exceptionally resilient, reaching €4.48 billion in 2025 and €2.62 billion in the first half of 2026. This cash strength validates that daily flight-hour collections decouple from paper accounting noise. The business consistently turns operational flight hours into cash, funding dividends and share buybacks.
Revenue, Net Income, and Free Cash Flow
Latest: EUR 31.2B | Max: EUR 31.2B | Min: EUR -2.5B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 19x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Operating profitability demonstrates powerful structural expansion, with adjusted recurring operating margin climbing to 16.6% in 2025 and reaching 18.4% in the first half of 2026. The commercial propulsion division spearheaded this widening, logging margins of 24.5% due to robust civil spare parts sales and contractual inflation adjustments. While ramping new engine assembly initially exerts negative margin drag, the expanding fleet creates an enduring aftermarket tollbooth. As mature legacy engines undergo intensive overhauls and newer engines transition from early warranties into profitable maintenance contracts, the favorable mix shift establishes a permanently higher profitability floor across the enterprise.
Operating profitability demonstrates powerful structural expansion, with adjusted recurring operating margin climbing to 16.6% in 2025 and reaching 18.4% in the first half of 2026. The commercial propulsion division spearheaded this widening, logging margins of 24.5% due to robust civil spare parts sales and contractual inflation adjustments. While ramping new engine assembly initially exerts negative margin drag, the expanding fleet creates an enduring aftermarket tollbooth. As mature legacy engines undergo intensive overhauls and newer engines transition from early warranties into profitable maintenance contracts, the favorable mix shift establishes a permanently higher profitability floor across the enterprise.
Profitability Margins
Latest: 14.3% | Max: 49.4% | Min: -12.6%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
14.3%
Gross profit / revenue
Operating Margin
13.3%
Operating income / revenue
Net Margin
23.0%
Net income / revenue
FCF Margin
14.4%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2016-12-31 | 17,618,260,000 | 2,022,480,000 | 2,025,660,000 |
| 2017-12-31 | 19,654,040,000 | 5,414,500,000 | 2,596,580,000 |
| 2018-12-31 | 24,140,640,000 | 1,462,620,000 | 2,582,100,000 |
| 2019-12-31 | 28,295,680,000 | 2,740,640,000 | 2,220,960,000 |
| 2020-12-31 | 20,471,600,000 | 429,440,000 | 1,636,020,000 |
| 2021-12-31 | 17,434,020,000 | 49,020,000 | 1,915,200,000 |
| 2022-12-31 | 20,889,610,000 | -2,631,130,000 | 2,852,620,000 |
| 2023-12-31 | 26,016,100,000 | 3,788,400,000 | 3,781,800,000 |
| 2024-12-31 | 28,824,640,000 | -693,680,000 | 3,836,560,000 |
| 2025-12-31 | 36,491,130,000 | 8,397,090,000 | 5,245,110,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
Scroll the table to see every column.
| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-12-31 | 19.08 | Trailing four quarters |
| 2024-12-31 | 31.84 | Trailing four quarters |
| 2023-12-31 | 14.34 | Trailing four quarters |
| 2021-12-31 | 1,068.14 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2016-12-31 | 48.32 | 20.09 | 11.48 | 11.5 |
| 2017-12-31 | 47.07 | 14.7 | 27.55 | 13.21 |
| 2018-12-31 | 43.75 | 10.22 | 6.06 | 10.7 |
| 2019-12-31 | 46.66 | 15.19 | 9.69 | 7.85 |
| 2020-12-31 | 46.48 | 5.52 | 2.1 | 7.99 |
| 2021-12-31 | 49.43 | 5.65 | 0.28 | 10.99 |
| 2022-12-31 | 46.95 | 10.46 | -12.6 | 13.66 |
| 2023-12-31 | 47.4 | 11.83 | 14.56 | 14.54 |
| 2024-12-31 | 48.55 | 15.12 | -2.41 | 13.31 |
| 2025-12-31 | 14.34 | 13.29 | 23.01 | 14.37 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-08-13.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
Complete Research Workspace
Unlock the complete Profile & Fundamentals
Sign in to verify your access, or upgrade to the Base plan to open the complete profile & fundamentals and available source data.