Dassault Aviation (MEX:AM) ROE %: 19.74% (As of Dec. 2025) — 46% Above Median


MEX:AM Dassault Aviation SA MEX:AM
83 GF Score
Price MXN6,105.18
GF Value MXN7,434.57
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Dassault Aviation ROE %?

Dassault Aviation MEX:AM 83 ROE % is 19.74% as of Dec. 2025, which is 46% above its 10-year median of 13.50. GuruFocus rates MEX:AM with a GF Score™ of 83/100 and a GF Value™ of MXN7,434.57 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 347 Aerospace & Defense companies, Dassault Aviation ranks better than 74.93% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dassault Aviation's annualized net income for the quarter that ended in Dec. 2025 was MXN27,112 Mil. Dassault Aviation's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was MXN137,335 Mil. Therefore, Dassault Aviation's annualized ROE % for the quarter that ended in Dec. 2025 was 19.74%.

The historical rank and industry rank for Dassault Aviation's ROE % or its related term are showing as below:

MEX:AM' s ROE % Range Over the Past 10 Years
Min: 6.72   Med: 13.5   Max: 17.9
Current: 15.29

During the past 13 years, Dassault Aviation's highest ROE % was 17.90%. The lowest was 6.72%. And the median was 13.50%.

MEX:AM's ROE % is ranked better than
74.93% of 347 companies
in the Aerospace & Defense industry
Industry Median: 5.91 vs MEX:AM: 15.29

Dassault Aviation  (MEX:AM) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=27112.072/137334.974
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(27112.072 / 192807.144)*(192807.144 / 695634.203)*(695634.203 / 137334.974)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.06 %*0.2772*5.0652
=ROA %*Equity Multiplier
=3.9 %*5.0652
=19.74 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=27112.072/137334.974
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (27112.072 / 33298.654) * (33298.654 / 18742.796) * (18742.796 / 192807.144) * (192807.144 / 695634.203) * (695634.203 / 137334.974)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8142 * 1.7766 * 9.72 % * 0.2772 * 5.0652
=19.74 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Dassault Aviation ROE % Related Terms


Dassault Aviation ROE % Historical Data

* Premium members only.

The historical data trend for Dassault Aviation's ROE % 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.

Dassault Aviation ROE % Chart

Dassault Aviation Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.03 11.98 11.15 16.50 14.79

Dassault Aviation Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % 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 11.51 16.85 15.34 10.66 19.74

MEX:AM vs GE, RTX, BA: ROE % Comparison

For the Aerospace & Defense subindustry, Dassault Aviation's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dassault Aviation ROE % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Dassault Aviation's ROE % distribution charts can be found below:

* The bar in red indicates where Dassault Aviation's ROE % falls into.


MEX:AM
83GF Score
Dassault Aviation SA MEX:AM
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dassault Aviation ROE % Calculation

Dassault Aviation's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=20607.313/( (138280.738+140338.07)/ 2 )
=20607.313/139309.404
=14.79 %

Dassault Aviation's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=27112.072/( (134331.878+140338.07)/ 2 )
=27112.072/137334.974
=19.74 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 19.74% mean?
Dassault Aviation (MEX:AM) has a ROE % of 19.74% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dassault Aviation and its competitors. This is 46% above median its historical median of 13.50. Over the past decade, Dassault Aviation's ROE % has ranged from 6.72 to 17.90. According to the industry distribution chart, Dassault Aviation ranks #87 out of 347 companies in the Aerospace & Defense industry, placing it in the top 25.1%.
Is Dassault Aviation's ROE % too high?
Dassault Aviation's current ROE % of 19.74% is 46% above median its 10-year median of 13.50. Over the past 10 years, this metric has ranged from a low of 6.72 to a high of 17.90. The Aerospace & Defense industry median ROE % is 5.91. Dassault Aviation's value of 19.74% is 234% above this industry median. Based on the distribution chart, Dassault Aviation ranks #87 out of 347 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Dassault Aviation has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dassault Aviation's ROE % compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Dassault Aviation ranks #87 out of 347 companies for ROE %. This puts Dassault Aviation in the upper half of its industry. The industry median ROE % is 5.91. Dassault Aviation's value of 19.74% is 234% above this benchmark. Historically, Dassault Aviation's own ROE % has ranged from 6.72 to 17.90 over the past decade. While the company's 10-year median is 13.50 vs. the industry median of 5.91, Dassault Aviation has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Aerospace & Defense company?
The median ROE % among Aerospace & Defense companies is 5.91, based on 347 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dassault Aviation's current ROE % of 19.74% is 234% above 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dassault Aviation and its competitors. For the Aerospace & Defense industry, the median ROE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dassault Aviation's current ROE % is 19.74%, which is 46% above median its own 10-year median of 13.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dassault Aviation stock overvalued right now?
Based on GuruFocus' analysis, Dassault Aviation (MEX:AM) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN7,434.57, compared to a current price of MXN6,105.18 — trading 17.9% below its estimated fair value. The current ROE % is 19.74%, which is 46% above median its 10-year median of 13.50 and 234% above the Aerospace & Defense industry median of 5.91. Dassault Aviation's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Dassault Aviation (MEX:AM), the current ROE % is 19.74% as of Dec. 2025. 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 Dassault Aviation (MEX:AM) Overvalued in 2026?

Based on GuruFocus' analysis, Dassault Aviation stock appears to be undervalued. The current stock price of MXN6,105.18 is trading 17.9% below its estimated GF Value™ of MXN7,434.57. GuruFocus considers Dassault Aviation to be Modestly Undervalued.

Key valuation signals for MEX:AM:

  • ROE %: 19.74% (46% above median its 10-year median of 13.50)
  • GF Value™: MXN7,434.57 vs. price of MXN6,105.18 (17.9% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 234% above the Aerospace & Defense median (#87 of 347)

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


Dassault Aviation Business Description

Address 78, quai Marcel-Dassault, Cedex 300, Saint-Cloud, FRA, 92552
Dassault Aviation, controlled by the French Dassault Group, designs, builds, and maintains military fighter jets and is one of the largest manufacturers of business jets. It holds a 26.6% stake in defense electronics group Thales, whose earnings contribution accounts for roughly half of Dassault's adjusted net income. In 2025, Dassault Aviation generated EUR 7.4 billion in revenue with over 15,000 employees. About 63% of revenue comes from defense aircraft and services, while Falcon business jets generate the remaining 37%.
83GF Score

Get the complete analysis for MEX:AM

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

MXN6,105.18
Price
MXN7,434.57
GF Value