Subscribe

BAE Systems plc (BA.L)

GBp1,838.00 -10.00 (-0.54%)
GB LSE Industrials Aerospace & Defense
Address Warwick House GU14 6YU
Farnborough, GB
CEO Charles Nicholas Woodburn
IPO 1988-07-01
ISIN GB0002634946

Explore sections of this company profile

Also trades on Deutsche Börse · BSP.DE (EUR) London Stock Exchange · BA.L (GBp) Other OTC · BAESF (USD) Other OTC · BAESY (USD)
Description

BAE Systems plc, established in 1970 and headquartered in Farnborough, United Kingdom, is a global leader in providing advanced defense, aerospace, and security solutions. The company's comprehensive operations are divided into five distinct business units. The Electronic Systems division focuses on developing and supplying sophisticated technological components, including electronic warfare systems, precise navigation and electro-optical sensors, digital engine and flight controls for both military and commercial aircraft, precision guidance and seeker solutions, secure military communication systems and data links, persistent surveillance technologies, space-based electronics, and electric drive propulsion systems. The Cyber & Intelligence segment plays a vital role in national security by modernizing, maintaining, and strengthening the cyber defenses of critical assets such as aircraft, radars, and missile systems to identify and counter threats. This segment also provides extensive systems engineering, integration, and sustainment services for essential weapons platforms, C5ISR (Command, Control, Computers, Communications, Intelligence, Surveillance, and Reconnaissance) capabilities, and cybersecurity infrastructure. Furthermore, it delivers bespoke solutions and services to intelligence and federal/civilian agencies, offers data intelligence to combat large-scale national threats, protects networks and data from cyberattacks, supplies security and intelligence services to the UK government and allied international governments, and includes anti-fraud, regulatory compliance, and enterprise-level data and digital services. The Platforms & Services (US) segment is responsible for the production of combat vehicles, various weapons, and munitions, in addition to offering ship repair services and managing government-owned munitions facilities. The Air segment concentrates on the design, manufacturing, upgrading, and ongoing support for both combat and jet trainer aircraft. Finally, the Maritime division undertakes the design, construction, and maintenance of naval vessels, including surface ships and submarines, as well as torpedoes, radar systems, and comprehensive command and combat systems. This segment is also a key supplier of naval gun systems, missile launchers, and precision munitions.

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
GBp1,838.00 -10.00 (-0.54%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
7M
Beta
-0.07
Float Shares
2.87B
Free Float %
97.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.20% +26.83% -0.95% -4.21% +22.57% +18.03% +6.39% +114.66% +282.85% +318.32% +373.77%
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

Analyst Consensus (3 ratings, all time) Hold
Price Targets & DCF
Current price
1,838.00
DCF (Unlevered) 3,613.25 +96.6%
DCF (Levered) 4,341.23 +136.2%

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) 56% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 7 0
Hold 6 0
Sell 2 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.63
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
6 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Aerospace & Defense: +15.4%
    +7.7% Q4'25: +22.2% (vs Q4'23)
  • EPS growth Aerospace & Defense: +32.2%
    +6.3% Q4'25: +24.1% (vs Q4'23)
  • FCF margin FCF growth · Aerospace & Defense: +45.0%
    +5.8% Q4'25: +17.7% (vs Q4'23)
  • EBIT margin Aerospace & Defense: +9.2%
    +9.2% Q4'25: +9.2% (vs Q4'23)
  • ROIC Aerospace & Defense: +6.2%
    +11.8% Q4'25: +23.6% (vs Q4'23)
  • Share dilution Aerospace & Defense: +0.0%
    -0.7% Q4'25: -1.1% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Aerospace & Defense: 0.16×
    2.80× Q4'25: 1.36× (vs Q4'23)
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 (-0.06) × ERP
WACC = 85% × Ke + 15% × Kd (4.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 3,613.25 Current price: 1,838.00
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 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
16 Rev. Ana.
15 EPS Ana.
Dec 2027
16 Rev. Ana.
15 EPS Ana.
Dec 2028
14 Rev. Ana.
7 EPS Ana.
Dec 2029
15 Rev. Ana.
10 EPS Ana.
Dec 2030
15 Rev. Ana.
6 EPS Ana.
Revenue
16.79B
est: 17.57B (-4.5%)
17.79B
est: 18.64B (-4.6%)
17.22B
est: 19.53B (-11.8%)
16.82B
est: 18.48B (-9.0%)
18.31B
est: 19.66B (-6.9%)
19.28B
est: 20.35B (-5.3%)
19.52B
est: 21.41B (-8.8%)
21.26B
est: 22.97B (-7.4%)
23.08B
est: 24.82B (-7.0%)
26.31B
est: 28.14B (-6.5%)
28.34B
est: 30.63B (-7.5%)
33.07B
32.68B – 34.92B
+8.0% YoY
35.91B
34.57B – 38.00B
+8.6% YoY
38.91B
37.93B – 41.13B
+8.3% YoY
42.49B
41.42B – 44.91B
+9.2% YoY
45.30B
44.17B – 47.89B
+6.6% YoY
EBITDA
1.92B
est: 2.48B (-22.8%)
1.59B
est: 2.63B (-39.8%)
1.49B
est: 2.76B (-45.9%)
1.61B
est: 2.61B (-38.4%)
2.29B
est: 2.78B (-17.6%)
2.41B
est: 2.88B (-16.1%)
2.91B
est: 3.03B (-3.9%)
2.81B
est: 3.25B (-13.4%)
3.45B
est: 3.51B (-1.8%)
3.97B
est: 4.02B (-1.2%)
3.77B
est: 4.38B (-13.9%)
4.73B
4.67B – 4.99B
+8.0% YoY
5.13B
4.94B – 5.43B
+8.6% YoY
5.56B
5.42B – 5.88B
+8.3% YoY
6.07B
5.92B – 6.42B
+9.2% YoY
6.47B
6.31B – 6.84B
+6.6% YoY
EBIT
1.46B
est: 1.84B (-21.0%)
1.25B
est: 1.96B (-36.1%)
1.15B
est: 2.05B (-43.8%)
1.27B
est: 1.94B (-34.8%)
1.69B
est: 2.06B (-18.4%)
1.74B
est: 2.14B (-18.4%)
2.42B
est: 2.25B (+7.8%)
2.30B
est: 2.41B (-4.8%)
2.67B
est: 2.61B (+2.3%)
2.89B
est: 2.96B (-2.6%)
2.61B
est: 3.23B (-19.1%)
3.48B
3.44B – 3.68B
+8.0% YoY
3.78B
3.64B – 4.00B
+8.6% YoY
4.10B
4.00B – 4.33B
+8.3% YoY
4.48B
4.36B – 4.73B
+9.2% YoY
4.77B
4.65B – 5.04B
+6.6% YoY
Net Income
918.00M
est: 1.15B (-19.9%)
913.00M
est: 1.19B (-23.3%)
854.00M
est: 1.29B (-33.9%)
1.00B
est: 1.28B (-22.1%)
1.48B
est: 1.40B (+5.6%)
1.30B
est: 1.34B (-2.9%)
1.76B
est: 1.42B (+23.6%)
1.59B
est: 1.64B (-3.3%)
1.86B
est: 1.91B (-2.6%)
1.96B
est: 2.02B (-3.4%)
2.06B
est: 2.25B (-8.5%)
2.50B
2.42B – 2.59B
+11.1% YoY
2.87B
2.74B – 3.00B
+14.6% YoY
3.22B
3.12B – 3.46B
+12.4% YoY
3.67B
3.55B – 3.95B
+14.0% YoY
4.13B
3.99B – 4.43B
+12.4% YoY
SGA
5.20B
est: 3.68B (+41.3%)
5.84B
est: 3.90B (+49.5%)
6.23B
est: 4.09B (+52.3%)
6.20B
est: 3.87B (+60.2%)
2.97B
est: 4.12B (-27.8%)
3.28B
est: 4.26B (-23.0%)
3.14B
est: 4.48B (-29.9%)
3.63B
est: 4.81B (-24.5%)
12.58B
est: 5.20B (+142.0%)
4.23B
est: 6.74B (-37.2%)
4.53B
est: 7.34B (-38.2%)
7.92B
7.83B – 8.37B
+8.0% YoY
8.60B
8.28B – 9.10B
+8.6% YoY
9.32B
9.09B – 9.85B
+8.3% YoY
10.18B
9.92B – 10.76B
+9.2% YoY
10.85B
10.58B – 11.47B
+6.6% YoY
EPS
0.29
est: 0.38 (-22.7%)
0.29
est: 0.39 (-25.7%)
0.26
est: 0.42 (-38.5%)
0.31
est: 0.42 (-26.3%)
0.46
est: 0.46 (+0.5%)
0.41
est: 0.44 (-6.4%)
0.55
est: 0.47 (+18.1%)
0.51
est: 0.54 (-5.3%)
0.61
est: 0.62 (-2.3%)
0.65
est: 0.67 (-2.7%)
0.69
est: 0.74 (-7.2%)
0.83
0.80 – 0.86
+11.1% YoY
0.95
0.90 – 0.99
+14.6% YoY
1.06
1.03 – 1.14
+12.4% YoY
1.21
1.17 – 1.30
+14.0% YoY
1.36
1.32 – 1.46
+12.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 5/5 5/5 4/5 2/5 2/5 2/5
2026-05-28 A- 4/5 5/5 5/5 4/5 2/5 2/5 2/5
2026-05-27 A- 4/5 5/5 5/5 4/5 2/5 2/5 2/5
2026-05-26 A- 4/5 5/5 5/5 4/5 2/5 2/5 2/5
2026-05-22 A- 4/5 5/5 5/5 4/5 2/5 2/5 2/5
2026-05-21 B+ 3/5 5/5 5/5 4/5 1/5 2/5 2/5
2026-05-20 B+ 3/5 5/5 5/5 4/5 1/5 2/5 2/5
2026-05-19 B+ 3/5 5/5 5/5 4/5 1/5 2/5 2/5
2026-05-18 B+ 3/5 5/5 5/5 4/5 1/5 2/5 2/5
2026-05-15 B+ 3/5 5/5 5/5 4/5 1/5 2/5 2/5
2026-05-14 B+ 3/5 5/5 5/5 4/5 1/5 2/5 2/5
2026-05-13 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-05-12 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-05-11 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-05-08 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-05-07 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-05-06 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-05-05 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-05-01 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-04-30 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-04-29 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-28 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-27 A- 4/5 5/5 4/5 5/5 1/5 3/5 2/5
2026-04-24 A- 4/5 5/5 4/5 5/5 1/5 3/5 2/5
2026-04-23 B+ 3/5 5/5 4/5 5/5 1/5 2/5 2/5
2026-04-22 B+ 3/5 5/5 4/5 5/5 1/5 2/5 2/5
2026-04-21 B+ 3/5 5/5 4/5 5/5 1/5 2/5 2/5
2026-04-20 B+ 3/5 5/5 4/5 5/5 1/5 2/5 2/5
2026-04-17 B+ 3/5 4/5 4/5 5/5 1/5 2/5 2/5
2026-04-16 B+ 3/5 4/5 4/5 5/5 1/5 2/5 2/5
2026-04-15 B+ 3/5 5/5 4/5 5/5 1/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
7.22B
OE per share TTM
2.38
Owner's Yield
11.89%
Maintenance CapEx ratio
4.08%
Maint CapEx / Avg PPE
21.9%

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
24.3K
Shares Outstanding
2.93B

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
Thomas Arseneault Executive Director 6M male
Charles Woodburn Group Chief Executive Officer & Executive Director 4M
Bradley Greve Chief Financial Officer & Executive Director 3M male
Caitlin Hayden Group Communications Director 95.0K female
Julian Cracknell Chief Technology & Information Officer male
Karin Hoeing Group ESG, Culture & Business Transformation Director female
Ed Gelsthorpe Group General Counsel male
Neils Petersen Chief of Staff and Executive Vice President of Marketing Operations
Tania Gandamihardja Group Human Resources Director female
Martin Cooper Investor Relations Director male
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