Air France-KLM SA
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
4.123.642.792.88
Price/Sales ratio
N/AN/AN/AN/A
Earnings per Share (EPS)
$0.41$0.46$0.61$0.59

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-1.182.760.34-2.131.051.70-0.03-0.060.410.344.291.05
Price/Sales ratio
0.000.010.010.020.010.010.010.010.010.010.140.01
Price/Book Value ratio
-0.341.450.210.190.230.20-0.04-0.05-0.09-0.15-1.180.20
Price/Cash Flow ratio
0.230.170.120.200.110.11-0.070.130.060.100.800.11
Price/Free Cash Flow ratio
-0.561.291.630.990.450.88-0.04-0.310.15-0.752.140.45
Price/Earnings Growth ratio
0.01-0.020.000.01-0.00-0.050.000.00-0.00-0.100.01-0.00
Dividend Yield
1.27%5.81%13.93%6.50%N/A5.59%N/A0.46%84.19%27.84%94.89%94.89%
Profitability Indicator Ratios
Gross Profit Margin
27.68%20.53%31.95%33.51%33.64%31.97%0.00%21.65%30.20%20.54%34.24%33.64%
Operating Profit Margin
3.01%4.27%4.49%-1.62%4.97%3.71%-41.88%-11.46%3.09%5.58%3.92%3.92%
Pretax Profit Margin
0.25%0.76%3.31%-2.00%2.34%1.27%-62.48%-24.79%1.29%3.82%1.80%1.80%
Net Profit Margin
-0.79%0.45%3.18%-1.06%1.54%1.00%-63.35%-22.82%2.75%3.11%3.33%1.54%
Effective Tax Rate
331.74%21.5%35.72%44.29%36.43%21.96%-1.40%7.94%-114.03%14.29%-85.09%21.96%
Return on Assets
-0.85%0.50%3.45%-1.12%1.40%0.88%-23.25%-10.64%2.25%2.70%2.94%1.40%
Return On Equity
29.50%52.44%61.68%-9.12%22.07%11.95%129.44%85.43%-24.23%-45.53%-29.14%11.95%
Return on Capital Employed
6.58%9.83%8.72%-3.13%7.88%5.58%-25.19%-8.65%4.37%9.04%6.87%6.87%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.67N/A
Quick Ratio
0.560.580.690.760.580.610.790.860.750.680.400.61
Cash ratio
0.260.250.380.420.290.290.540.560.480.380.360.29
Days of Sales Outstanding
25.2925.2027.4430.6330.1629.0541.0838.5224.6826.16N/A29.05
Days of Inventory outstanding
10.899.3712.2111.8613.1314.5417.8718.4514.3213.0514.7213.13
Operating Cycle
36.1934.5839.6642.4943.2943.5958.9556.9839.0139.2114.7243.59
Days of Payables Outstanding
49.4742.2150.9250.4250.9146.9447.2460.2048.0237.4450.6646.94
Cash Conversion Cycle
-13.28-7.62-11.26-7.92-7.61-3.3511.71-3.22-9.011.77-47.03-3.35
Debt Ratios
Debt Ratio
0.260.210.330.240.100.110.390.300.210.151.090.10
Debt Equity Ratio
-9.1121.975.921.971.641.61-2.21-2.40-2.29-2.53-3.781.61
Long-term Debt to Capitalization
1.160.930.840.660.600.591.921.831.862.011.420.60
Total Debt to Capitalization
1.120.950.850.660.620.611.821.701.771.651.350.62
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.26N/A
Cash Flow to Debt Ratio
0.160.380.290.481.211.05-0.230.160.700.600.381.05
Company Equity Multiplier
-34.61103.7117.858.1315.6813.45-5.56-8.02-10.75-16.81-9.3413.45
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.040.070.090.110.130.14-0.250.100.180.100.170.13
Free Cash Flow / Operating Cash Flow Ratio
-0.410.130.070.200.250.131.74-0.430.38-0.130.390.25
Cash Flow Coverage Ratio
0.160.380.290.481.211.05-0.230.160.700.600.381.05
Short Term Coverage Ratio
0.681.306.7248318.9312.52-3.851.8612.042.733.1712.52
Dividend Payout Ratio
-1.51%16.10%4.79%-13.86%N/A9.52%N/A-0.03%34.61%9.63%N/A9.52%