Subscribe

Air France-KLM S.A. (AF.PA)

EUR12.69 -0.21 (-1.59%)
FR PAR Industrials Airlines, Airports & Air Services
Address 2, rue Robert Esnault-Pelterie 75007
Paris, FR
CEO Benjamin Smith
IPO 2000-01-03
ISIN FR001400J770

Explore sections of this company profile

Also trades on Euronext Paris · AF.PA (EUR) Other OTC · AFLYY (USD) Other OTC · AFRAF (USD)
Description

Air France-KLM S.A., through its various subsidiaries, offers scheduled air transport for both passengers and freight. Its extensive network covers Metropolitan France, the Benelux countries, the remainder of Europe, and numerous international routes. The enterprise organizes its operations into distinct divisions: Network, Maintenance, Transavia, and other activities. Furthermore, it delivers comprehensive aircraft maintenance, including upkeep for airframes and engines, alongside specialized support for components like electronic, mechanical, pneumatic, and hydraulic systems. The company also runs direct flights connecting cities within the Netherlands and France. By the end of 2021, specifically December 31st, its fleet comprised 332 aircraft. Founded in 1919, Air France-KLM has its main corporate offices situated in Paris, France.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
EUR12.69 -0.21 (-1.59%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
2M
Beta
1.33
Float Shares
114.38M
Free Float %
43.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.10% -1.50% +0.84% -13.95% +5.35% -12.32% +20.63% -32.28% -55.60% -72.59% -89.78%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
12.69
DCF (Unlevered) 1,040.37 +8,101.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 20% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 2 0
Hold 13 -2
Sell 2 0
Strong Sell 1 0
Quality scores
Altman Z-Score
0.61
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
4 / 5
High
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Airlines, Airports & Air Services: +6.5%
    +4.9% Q1'26: +4.4% (vs Q1'25)
  • EPS growth Airlines, Airports & Air Services: +12.5%
    +491.4% Q1'26: +0.9% (vs Q1'25)
  • FCF margin FCF growth · Airlines, Airports & Air Services: -2.8%
    +4.9% Q1'26: +7.8% (vs Q1'25)
  • EBIT margin Airlines, Airports & Air Services: +10.3%
    +6.2% Q1'26: -0.3% (vs Q1'25)
  • ROIC Airlines, Airports & Air Services: +6.0%
    +11.1% Q1'26: -0.5% (vs Q1'25)
  • Share dilution Airlines, Airports & Air Services: +0.0%
    +6.8% Q1'26: 0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Airlines, Airports & Air Services: 1.43×
    4.20× Q1'26: 5.71× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.30) × ERP
WACC = 11% × Ke + 89% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1,018.00 Current price: 12.69
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2011
actual
Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
15 Rev. Ana.
10 EPS Ana.
Dec 2027
18 Rev. Ana.
11 EPS Ana.
Dec 2028
14 Rev. Ana.
10 EPS Ana.
Dec 2029
9 Rev. Ana.
4 EPS Ana.
Dec 2030
13 Rev. Ana.
4 EPS Ana.
Revenue
23.62B
est: 24.75B (-4.5%)
24.40B
est: 24.75B (-1.4%)
25.65B
est: 25.82B (-0.7%)
25.53B
est: 26.28B (-2.8%)
24.93B
est: 25.21B (-1.1%)
26.06B
est: 25.72B (+1.3%)
24.85B
est: 24.89B (-0.2%)
25.78B
est: 25.81B (-0.1%)
26.52B
est: 26.49B (+0.1%)
27.19B
est: 27.35B (-0.6%)
11.09B
est: 10.98B (+1.0%)
14.32B
est: 14.01B (+2.2%)
26.39B
est: 26.07B (+1.2%)
30.02B
est: 30.67B (-2.1%)
31.46B
est: 31.30B (+0.5%)
33.01B
est: 32.97B (+0.1%)
35.18B
34.31B – 36.83B
+6.7% YoY
36.67B
35.29B – 40.30B
+4.2% YoY
38.24B
38.24B – 38.24B
+4.3% YoY
39.30B
38.06B – 42.19B
+2.8% YoY
40.41B
39.14B – 43.37B
+2.8% YoY
EBITDA
2.57B
est: 337.39M (+661.1%)
1.03B
est: 337.39M (+205.6%)
1.07B
est: 343.73M (+211.9%)
1.52B
est: 550.78M (+175.8%)
2.08B
est: 639.09M (+225.0%)
2.08B
est: 1.10B (+89.0%)
2.55B
est: 966.49M (+164.3%)
2.29B
est: 2.62B (-12.6%)
4.07B
est: 3.30B (+23.3%)
3.87B
est: 3.05B (+27.0%)
-3.66B
est: 1.31B (-379.4%)
-371.00M
est: 2.13B (-117.4%)
3.73B
est: 2.30B (+61.8%)
4.64B
est: 9.42B (-50.7%)
4.02B
est: 9.61B (-58.1%)
5.28B
est: 10.12B (-47.8%)
10.80B
10.53B – 11.31B
+6.7% YoY
11.26B
10.83B – 12.37B
+4.2% YoY
11.74B
11.74B – 11.74B
+4.3% YoY
12.07B
11.69B – 12.95B
+2.8% YoY
12.41B
12.02B – 13.32B
+2.8% YoY
EBIT
892.00M
est: -3.30B (+127.1%)
-666.00M
est: -3.30B (+79.8%)
-598.00M
est: 26.21M (-2,381.7%)
-172.00M
est: -894.89M (+80.8%)
352.00M
est: -217.83M (+261.6%)
450.00M
est: 758.80M (-40.7%)
1.05B
est: 1.08B (-2.3%)
682.00M
est: 1.15B (-40.9%)
1.06B
est: 16.39M (+6,393.2%)
745.00M
est: 1.44B (-48.3%)
-6.38B
est: 451.97M (-1,511.2%)
-2.89B
est: 737.67M (-492.0%)
895.00M
est: 795.65M (+12.5%)
1.82B
est: 8.39B (-78.3%)
1.20B
est: 8.56B (-86.0%)
2.04B
est: 9.02B (-77.4%)
9.62B
9.38B – 10.07B
+6.7% YoY
10.03B
9.65B – 11.02B
+4.2% YoY
10.46B
10.46B – 10.46B
+4.3% YoY
10.75B
10.41B – 11.54B
+2.8% YoY
11.05B
10.71B – 11.86B
+2.8% YoY
Net Income
613.00M
est: -507.68M (+220.7%)
-809.00M
est: -507.68M (-59.4%)
-1.19B
est: -445.54M (-167.5%)
-1.83B
est: -1.27B (-43.9%)
-198.00M
est: -1.75B (+88.7%)
118.00M
est: -225.54M (+152.3%)
792.00M
est: 116.97M (+577.1%)
-274.00M
est: 824.39M (-133.2%)
409.00M
est: 166.94M (+145.0%)
290.00M
est: 434.09M (-33.2%)
-7.03B
est: 129.77M (-5,513.3%)
-3.27B
est: 211.81M (-1,642.4%)
728.00M
est: 228.45M (+218.7%)
934.00M
est: 330.44M (+182.7%)
317.00M
est: 540.43M (-41.3%)
1.59B
est: 1.12B (+42.1%)
699.57M
518.91M – 949.94M
-37.6% YoY
1.19B
849.56M – 1.40B
+70.6% YoY
1.52B
1.09B – 1.83B
+27.3% YoY
1.83B
1.76B – 2.01B
+20.4% YoY
1.89B
1.81B – 2.07B
+3.0% YoY
SGA
est: 2.75B (-100.0%)
4.67B
est: 2.75B (+70.0%)
4.58B
est: 5.85B (-21.8%)
4.59B
est: 9.29B (-50.6%)
4.66B
est: 8.18B (-43.1%)
2.56B
est: 8.70B (-70.6%)
4.87B
est: 8.44B (-42.3%)
5.05B
est: 8.89B (-43.3%)
5.38B
est: 8.93B (-39.7%)
5.30B
est: 9.30B (-43.1%)
2.75B
est: 4.18B (-34.2%)
2.95B
est: 6.82B (-56.8%)
887.00M
est: 7.36B (-87.9%)
1.03B
est: 2.27B (-54.7%)
1.06B
est: 8.52B (-87.6%)
2.09B
est: 2.44B (-14.5%)
2.61B
2.54B – 2.73B
+6.7% YoY
2.72B
2.62B – 2.99B
+4.2% YoY
2.84B
2.83B – 2.84B
+4.3% YoY
2.91B
2.82B – 3.13B
+2.8% YoY
3.00B
2.90B – 3.22B
+2.8% YoY
EPS
10.49
est: -1.93 (+642.7%)
-13.79
est: -1.93 (-613.4%)
-20.32
est: -2.46 (-725.6%)
-31.13
est: -1.19 (-2,511.0%)
-3.37
est: -1.51 (-122.5%)
1.71
est: -2.43 (+170.4%)
10.94
est: 6.76 (+61.9%)
-3.73
est: 11.61 (-132.1%)
4.66
est: 7.17 (-35.0%)
3.22
est: 4.05 (-20.6%)
-82.89
est: -73.53 (-12.7%)
-28.47
est: -26.62 (-6.9%)
4.30
est: 0.53 (+719.0%)
3.82
est: 1.15 (+233.2%)
0.93
est: 1.88 (-50.4%)
5.83
est: 3.89 (+49.9%)
2.49
1.85 – 3.39
-36.0% YoY
4.09
3.03 – 4.98
+64.2% YoY
5.35
3.88 – 6.51
+30.8% YoY
6.53
6.26 – 7.15
+22.0% YoY
6.72
6.45 – 7.36
+3.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 C+ 2/5 1/5 1/5 4/5 1/5 4/5 1/5
2026-05-08 C+ 2/5 1/5 1/5 4/5 1/5 4/5 1/5
2026-05-07 C+ 2/5 1/5 1/5 4/5 1/5 4/5 1/5
2026-05-06 C+ 2/5 1/5 1/5 4/5 1/5 4/5 1/5
2026-05-05 C+ 2/5 1/5 1/5 4/5 1/5 4/5 1/5
2026-05-04 C+ 2/5 1/5 1/5 4/5 1/5 4/5 1/5
2026-04-30 C+ 2/5 1/5 1/5 4/5 1/5 5/5 1/5
2026-04-29 C+ 2/5 1/5 1/5 4/5 1/5 5/5 1/5
2026-04-28 C+ 2/5 1/5 1/5 4/5 1/5 5/5 1/5
2026-04-27 C+ 2/5 1/5 1/5 4/5 1/5 5/5 1/5
2026-04-24 C+ 2/5 1/5 1/5 4/5 1/5 4/5 1/5
2026-04-23 C+ 2/5 1/5 1/5 4/5 1/5 4/5 1/5
2026-04-22 C+ 2/5 1/5 1/5 4/5 1/5 4/5 1/5
2026-04-21 C+ 2/5 1/5 1/5 4/5 1/5 4/5 1/5
2026-04-20 C+ 2/5 1/5 1/5 4/5 1/5 4/5 1/5
2026-04-17 C+ 2/5 1/5 1/5 4/5 1/5 4/5 1/5
2026-04-16 C+ 2/5 1/5 1/5 4/5 1/5 4/5 1/5
2026-04-15 C+ 2/5 1/5 1/5 4/5 1/5 4/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.36B
OE per share TTM
5.17
Owner's Yield
51.21%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
77.8%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
26.0K
Shares Outstanding
262.62M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Benjamin Smith Chief Executive Officer & Director 3M male
Pierre Lichon N12 Manager & Employee Representative Director 30.0K male
Anne Rigail Chief Executive Officer of Air France female
Henri Hourcade Senior Vice President of Caribbean & Indian Ocean, Central and South America male
Henri de Peyrelongue Executive Vice President of Marketing male
Marjan E. F. Rintel Chief Executive Officer & President of KLM female
Michiel Klinkers Head of Investor Relations
Oltion Carkaxhija Executive Vice President of Strategy & Transformation male
Adriaan den Heijer Executive Vice President & Chief Commercial Officer male
Steven Zaat Chief Financial Officer male
Anne Brachet Executive Vice President of Engineering & Maintenance female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits