Air France-klm /FI American Depositary Receipt (AFLYY)

Summary

Air France-KLM S.A., operating with its affiliated companies, specializes in providing scheduled air transportation for both passengers and freight. Its extensive network spans Metropolitan France, the Benelux region, the broader European continent, and various international destinations. The company's business activities are strategically segmented into its Network, Maintenance, Transavia, and Other divisions. Beyond core flight services, Air France-KLM offers comprehensive aircraft maintenance, encompassing airframe and engine overhauls, as well as specialized component support for intricate electronic, mechanical, pneumatic, and hydraulic systems, alongside other ancillary services. The group also facilitates direct, point-to-point flights specifically between the Netherlands and France. As of December 31, 2021, the group maintained an operational fleet of 332 aircraft. Established in 1919, Air France-KLM's corporate headquarters are situated in Paris, France.

Website

www.airfranceklm.com

Location

Paris, I0, FR

Phone33 1 43 17 21 96

Employees81,992

CEOBenjamin Smith

Sector

Industrials

Industry

Air Freight & Logistics

IPO DateMay 5, 2004

Ask AI

Company overview

Business model, segments, and competition.

Peer comparison

Metrics vs closest competitors.

Guidance & outlook

Forward guidance and assumptions.

Bull vs bear case

Upside drivers and key risks.

Valuation snapshot

Multiples vs history and peers.

Competitive moat

Defensibility and market position.

Management track record

Leadership and capital allocation history.

Latest Documents

Mentions in Filings

… zons by connecting people and communities to each other and to their own potential. A founding member of the SkyTeam alliance and powered by innovative and strategic partnerships throughout the world with Aeromexico, Air France-KLM, China Eastern, Korean Air, LATAM, Virgin Atlantic and WestJet, Delta brings more choice and competition to customers worldwide. Delta’s premium product line is elevated by its unique partnership with Wheels Up Experi …
DELTA AIR LINES, INC.Air France-klm /FI American Depositary Receipt·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q4 26·9 Oct
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of October 2026 RYANAIR HOLDINGS PLC (Translation of registrant's name into English) c/o Ryanair Ltd Corporate Head Office Dublin Airport County Dublin Ireland (Address of principal executive offices) Indicate by check mark whether the registrant fil …
RYANAIR HOLDINGS PLCAir France-klm /FI American Depositary Receipt·6-K - RYANAIR OPPOSES COMPETITORS HIGH COURT ACTION·Q3 27·5 Oct
#Aeroports de Paris SA 5,648 749,188 \*Air France-KLM 13,888 178,602 AKWEL SADIR, Class B 3,768 35,502 109 Dimensional International Small Cap ETF continued Shares Value FRANCE — (Continued) \*Alstom SA 573,211 $ 18,425,565 Alten SA 55,283 5,432,411 Ω#\*Aramis Group SAS 1,981 10,864 Arkema SA 73,090 4,421,502 Assystem SA 1,623 91,617 Aubay 1,490 106,178 ΩAyvens SA 368,067 5,363,940 \*Bastid …
Dimensional ETF TrustAir France-klm /FI American Depositary Receipt·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
… carriers and low-cost carriers. These include domestic carriers such as Air India, Air India Express, Akasa Air, IndiGo, SpiceJet, Vistara (now merged with Air India), Alliance Air, and international airlines such as Air France-KLM, British Airways, Emirates, Etihad Airways, Lufthansa, Malaysia Airlines, Singapore Airlines, Thai Airways and Qatar Airways, etc. Our airline ticketing business provides comprehensive information and options to cons …
Yatra Online, Inc.Air France-klm /FI American Depositary Receipt·20-F - Annual report (foreign private issuer) FY 2026·FY26·31 Jul
… zons by connecting people and communities to each other and to their own potential. A founding member of the SkyTeam alliance and powered by innovative and strategic partnerships throughout the world with Aeromexico, Air France-KLM, China Eastern, Korean Air, LATAM, Virgin Atlantic and WestJet, Delta brings more choice and competition to customers worldwide. Delta’s premium product line is elevated by its unique partnership with Wheels Up Experi …
DELTA AIR LINES, INC.Air France-klm /FI American Depositary Receipt·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q3 26·10 Jul
… ng value | | | | | | | | | | | | Accounting Treatment | Ownership Interest | | | | Carrying Value | | | | | (in millions) | | September 30, 2026 | | December 31, 2025 | | September 30, 2026 | | December 31, 2025 | | | Air France-KLM | Fair Value | 3 | % | 3 | % | $ | 97 | $ | 100 | | China Eastern | Fair Value | 2 | % | 2 | % | 156 | | 319 | | | Grupo Aeroméxico | Equity Method | 19 | % | 19 | % | 393 | | 377 | | | Hanjin KAL | Fair Value(1) | 15 …
DELTA AIR LINES, INC.Air France-klm /FI American Depositary Receipt·10-Q - Quarterly report Q3·Q3 26·9 Oct

Key Stats

Trading

Px/Chg 1D$1.24 / +0.00%

Prev Close$1.31

% of 52Wk H81.37%

Avg Volume151.30K

Beta1.30

Mkt Cap32.57B

FD Mkt Cap34.40B

Float

Shrs Out/Float26.26B / 26.25B

Short Float0.00%

Days to Cover1.00

Stock Repurchased$1.02M

Current Valuation

EV46.22B

EV/EBITDA7.89

EV/Sales1.39

P/B-128.08

P/S0.98

FCF Yield1.82%

ROE114.73%

ROA-0.68%

Current Ratio0.72

Dividend

Cash$1.56

Yield119.40%

Yield (TTM)119.40%

Estimates

P/E20.76

Est P/EN/A

Est EPSN/A

Est PEGN/A

Valuation

Metric	5Yr Avg	Mar '23	Mar '24	Mar '25	Mar '26	Oct '26
PRICE-BASED RATIOS
Price / Earnings	-9.70	4.14	2.96	7.79	48.26	-111.63
Price / Sales	1.56	0.11	0.09	0.08	3.24	4.28
Price / Book Value	-31.72	-1.00	-1.35	-1.40	-26.76	-128.08
Price / Free Cash Flow	-22.16	1.60	-6.49	-10.64	-150.34	55.05
ENTERPRISE VALUE METRICS
Enterprise Value	28,545.4	23,318.7	12,647.9	14,736.7	45,805.3	46,218.3
Enterprise Value / Sales	2.70	0.88	0.42	0.47	5.65	6.08
Enterprise Value / EBITDA	22.11	6.26	2.72	4.95	37.20	59.44
Enterprise Value / EBIT	-401.64	26.05	6.96	9.33	114.74	-2,165.27

Financials

Full Financials

Millions EUR	5Yr CAGR (%)	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
INCOME STATEMENT
Revenue	22%	14,315.0	26,393.0	30,019.0	31,459.0	31,704.3
Gross Income	5.1%	3,100.0	7,971.0	6,168.0	6,026.0	3,785.5
EBITDA	—	-371.0	3,726.0	4,644.0	2,977.0	5,074.5
EBIT	—	-2,892.0	895.0	1,817.0	1,579.0	1,954.7
Net Income	—	-3,267.0	728.0	934.0	317.0	1,530.1
EPS (Diluted)	—	-2.85	0.38	0.47	0.09	0.05
BALANCE SHEET
Cash & ST Inv	-2.9%	6,805.0	7,232.0	7,384.0	5,983.0	6,041.4
Total Assets	6.5%	30,683.0	32,305.0	34,490.0	36,155.0	39,428.2
Total Liabilities	2.7%	34,499.0	34,785.0	33,990.0	35,356.0	38,345.7
Total Shareholder Equity	-28.8%	-3,824.0	-3,004.0	-2,051.0	-1,764.0	-982.6
CASH FLOW
Net Operating Cash Flow	30%	1,534.0	4,856.0	3,125.0	3,496.0	4,383.9
Cap Ex	18%	-2,202.0	-2,972.0	-3,551.0	-3,728.0	-4,273.4
Free Cash Flow	—	-668.0	1,884.0	-426.0	-232.0	110.5

Enterprise Value Bridge

Millions EUR		23 Oct '26
Price (As of 23 Oct '26)		1.08
Basic Shares		26,262.18
Market Cap		28,363.2
Diluted Shares		26,262.17
Fully Diluted Shares Outstanding		26,262.17
Fully Diluted Market Cap		28,363.1
+Consolidated Debt		17,479.2
−In-the-Money Convertible Debt		—
+Capital Leases		10,903.8
+Operating Leases		—
−Cash & Equivalents		-5,927.2
−Short-term Investments		-
+Total Preferred		-
−In-the-Money Convertible Preferred		—
−Investments in Unconsolidated Subs		—
+Non-Controlling Interest		2,101.2
+Pension Liabilities		—
Enterprise Value		42,016.4

Air France-klm /FI American Depositary Receipt(AFLYY US)

Financials & Metrics