Airbus SE (FRA:AIR) ROCE %: 4.84% (As of Mar. 2026)


FRA:AIR Airbus SE FRA:AIR
90 GF Score
Price €194.48
GF Value €173.57
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Airbus SE ROCE %?

Airbus SE FRA:AIR +1.29% 90 ROCE % is 4.84% as of Mar. 2026. GuruFocus rates FRA:AIR with a GF Score™ of 90/100 and a GF Value™ of €173.57 (Modestly Overvalued). The stock has 3 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Airbus SE's annualized ROCE % for the quarter that ended in Mar. 2026 was 4.84%.

Airbus SE  (FRA:AIR) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Airbus SE ROCE % Related Terms

Airbus SE ROCE % Historical Data

* Premium members only.

The historical data trend for Airbus SE's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Airbus SE ROCE % Chart

Airbus SE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.98 8.95 8.60 9.46 10.17

Airbus SE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.36 6.91 10.54 16.09 4.84
FRA:AIR
90GF Score
Airbus SE FRA:AIR
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Airbus SE ROCE % Calculation

Airbus SE's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=7120/( ( (129213 - 60623) + (134939 - 63511) )/ 2 )
=7120/( (68590+71428)/ 2 )
=7120/70009
=10.17 %

Airbus SE's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=3460/( ( (134939 - 63511) + (138700 - 67298) )/ 2 )
=3460/( ( 71428 + 71402 )/ 2 )
=3460/71415
=4.84 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 4.84% mean?
Airbus SE (FRA:AIR) has a ROCE % of 4.84% as of Mar. 2026.
Is Airbus SE's ROCE % too high?
Airbus SE's current ROCE % is 4.84%. The Aerospace & Defense industry median ROCE % is 6.29. Airbus SE's value of 4.84% is 23.1% below this industry median. Overall, Airbus SE has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airbus SE's ROCE % compare to GE and RTX?
Airbus SE's ROCE % of 4.84% can be compared against companies in the Aerospace & Defense industry. The industry median ROCE % is 6.29. Airbus SE's value of 4.84% is 23.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Aerospace & Defense company?
The median ROCE % among Aerospace & Defense companies is 6.29, based on 350 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Airbus SE's current ROCE % of 4.84% is 23.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Aerospace & Defense industry, the median ROCE % is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airbus SE's current ROCE % is 4.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airbus SE stock overvalued right now?
Based on GuruFocus' analysis, Airbus SE (FRA:AIR) is currently considered Modestly Overvalued. The stock's GF Value™ is €173.57, compared to a current price of €194.48 — trading 12% above its estimated fair value. The current ROCE % is 4.84% and 23.1% below the Aerospace & Defense industry median of 6.29. Airbus SE's overall GF Score™ is 90/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Airbus SE (FRA:AIR), the current ROCE % is 4.84% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Airbus SE (FRA:AIR) Overvalued in 2026?

Based on GuruFocus' analysis, Airbus SE stock appears to be overvalued. The current stock price of €194.48 is trading 12% above its estimated GF Value™ of €173.57. GuruFocus considers Airbus SE to be Modestly Overvalued.

Key valuation signals for FRA:AIR:

  • ROCE %: 4.84%
  • GF Value™: €173.57 vs. price of €194.48 (12% above fair value)
  • GF Score™: 90/100 with 3 warning signs
  • Industry Position: 23.1% below the Aerospace & Defense median

No single metric tells the full story. See the FRA:AIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Airbus SE Business Description

Address Mendelweg 30, Leiden, ZH, NLD, 2333 CS
Airbus is a global aerospace and defense firm that designs, develops, and manufactures commercial and military jets and helicopters, as well as space launch vehicles and satellites. The company operates three divisions: commercial, defense and space, and helicopters. Commercial offers multiple configurations of aircraft ranging from the narrow-body (120-200 seats) A220 and A320 series to the much larger A330 and A350 wide-body models. The defense and space segment supplies governments with military hardware, including transport aircraft, aerial tankers, and the Eurofighter Typhoon multirole jet. The helicopter division manufactures turbine helicopters for the civil and public markets.
90GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€194.48
Price
€173.57
GF Value