Market Closed -
Nyse
04:00:02 2024-05-03 pm EDT
|
5-day change
|
1st Jan Change
|
115
USD
|
+0.92%
|
|
+1.47%
|
-9.62%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
13,287
|
16,099
|
22,749
|
16,537
|
18,494
|
16,311
|
-
|
-
|
Enterprise Value (EV)
1 |
12,056
|
14,571
|
21,021
|
15,022
|
17,508
|
15,177
|
15,057
|
15,158
|
P/E ratio
|
23
x
|
23.4
x
|
16.2
x
|
12.6
x
|
25.4
x
|
24.6
x
|
22.8
x
|
22.2
x
|
Yield
|
1.28%
|
1.09%
|
0.86%
|
1.29%
|
1.08%
|
1.21%
|
1.26%
|
1.66%
|
Capitalization / Revenue
|
1.63
x
|
1.59
x
|
1.38
x
|
0.97
x
|
1.99
x
|
1.81
x
|
1.73
x
|
1.67
x
|
EV / Revenue
|
1.47
x
|
1.44
x
|
1.27
x
|
0.88
x
|
1.88
x
|
1.69
x
|
1.6
x
|
1.55
x
|
EV / EBITDA
|
14.7
x
|
14.6
x
|
10.7
x
|
7.98
x
|
17.4
x
|
16.3
x
|
15.2
x
|
14.7
x
|
EV / FCF
|
16.6
x
|
24
x
|
25.3
x
|
7.35
x
|
17.3
x
|
21.3
x
|
21.8
x
|
23.6
x
|
FCF Yield
|
6.01%
|
4.17%
|
3.96%
|
13.6%
|
5.79%
|
4.69%
|
4.58%
|
4.24%
|
Price to Book
|
6.03
x
|
6.05
x
|
6.43
x
|
5.16
x
|
7.66
x
|
7.12
x
|
6.94
x
|
6.54
x
|
Nbr of stocks (in thousands)
|
170,301
|
169,266
|
169,404
|
159,136
|
145,389
|
141,883
|
-
|
-
|
Reference price
2 |
78.02
|
95.11
|
134.3
|
103.9
|
127.2
|
115.0
|
115.0
|
115.0
|
Announcement Date
|
2/18/20
|
2/16/21
|
2/22/22
|
2/21/23
|
2/20/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
8,175
|
10,116
|
16,524
|
17,071
|
9,300
|
8,997
|
9,415
|
9,753
|
EBITDA
1 |
817.6
|
997.4
|
1,961
|
1,882
|
1,008
|
929.9
|
988.7
|
1,029
|
EBIT
1 |
766.7
|
940.4
|
1,909
|
1,824
|
939.9
|
843.6
|
890.6
|
911.7
|
Operating Margin
|
9.38%
|
9.3%
|
11.56%
|
10.69%
|
10.11%
|
9.38%
|
9.46%
|
9.35%
|
Earnings before Tax (EBT)
1 |
795.8
|
956.6
|
1,925
|
1,836
|
1,015
|
913.8
|
950.6
|
967
|
Net income
1 |
590.4
|
696.1
|
1,415
|
1,357
|
752.9
|
665.5
|
692.8
|
689.3
|
Net margin
|
7.22%
|
6.88%
|
8.57%
|
7.95%
|
8.1%
|
7.4%
|
7.36%
|
7.07%
|
EPS
2 |
3.390
|
4.070
|
8.270
|
8.260
|
5.010
|
4.667
|
5.034
|
5.180
|
Free Cash Flow
1 |
724.9
|
607.5
|
832.2
|
2,043
|
1,014
|
712
|
689.5
|
643
|
FCF margin
|
8.87%
|
6%
|
5.04%
|
11.97%
|
10.9%
|
7.91%
|
7.32%
|
6.59%
|
FCF Conversion (EBITDA)
|
88.66%
|
60.91%
|
42.45%
|
108.56%
|
100.61%
|
76.57%
|
69.73%
|
62.5%
|
FCF Conversion (Net income)
|
122.78%
|
87.26%
|
58.8%
|
150.5%
|
134.67%
|
106.98%
|
99.51%
|
93.28%
|
Dividend per Share
2 |
1.000
|
1.040
|
1.160
|
1.340
|
1.380
|
1.387
|
1.452
|
1.910
|
Announcement Date
|
2/18/20
|
2/16/21
|
2/22/22
|
2/21/23
|
2/20/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
4,319
|
5,396
|
4,664
|
4,603
|
4,362
|
3,442
|
2,593
|
2,240
|
2,190
|
2,278
|
2,231
|
2,240
|
2,274
|
2,393
|
EBITDA
1 |
502.4
|
636.4
|
474.7
|
520.2
|
542.1
|
344.6
|
291.2
|
264
|
231.7
|
220.8
|
208.9
|
226
|
235.5
|
239.3
|
EBIT
1 |
489.6
|
623.5
|
461.8
|
506
|
526.9
|
329.7
|
276
|
248.5
|
216.1
|
199.4
|
196.2
|
209.2
|
220.3
|
222.2
|
Operating Margin
|
11.34%
|
11.55%
|
9.9%
|
10.99%
|
12.08%
|
9.58%
|
10.64%
|
11.09%
|
9.87%
|
8.75%
|
8.8%
|
9.34%
|
9.69%
|
9.28%
|
Earnings before Tax (EBT)
1 |
492.8
|
625.8
|
471.2
|
508.8
|
534.9
|
321
|
300.6
|
266.2
|
231.9
|
216.4
|
207.3
|
223.8
|
235.7
|
240.2
|
Net income
1 |
359.1
|
452.8
|
346.1
|
377.8
|
414.2
|
219.3
|
226
|
196.8
|
171.4
|
158.7
|
153.3
|
165.6
|
173.4
|
177.2
|
Net margin
|
8.31%
|
8.39%
|
7.42%
|
8.21%
|
9.5%
|
6.37%
|
8.72%
|
8.79%
|
7.82%
|
6.97%
|
6.87%
|
7.39%
|
7.63%
|
7.41%
|
EPS
2 |
2.090
|
2.660
|
2.070
|
2.270
|
2.540
|
1.380
|
1.470
|
1.300
|
1.160
|
1.090
|
1.072
|
1.150
|
1.237
|
1.257
|
Dividend per Share
2 |
-
|
0.5800
|
-
|
0.6700
|
-
|
0.6700
|
-
|
0.6900
|
-
|
0.6900
|
0.1561
|
0.5111
|
0.1561
|
0.5111
|
Announcement Date
|
11/2/21
|
2/22/22
|
5/3/22
|
8/2/22
|
11/8/22
|
2/21/23
|
5/2/23
|
8/8/23
|
11/7/23
|
2/20/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
1,230
|
1,528
|
1,729
|
1,516
|
985
|
1,134
|
1,254
|
1,152
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
725
|
607
|
832
|
2,043
|
1,014
|
712
|
689
|
643
|
ROE (net income / shareholders' equity)
|
28.2%
|
28.7%
|
46%
|
41.1%
|
27.4%
|
29.6%
|
32%
|
28%
|
ROA (Net income/ Total Assets)
|
16.9%
|
16.2%
|
22.6%
|
20.6%
|
14.9%
|
16%
|
16.9%
|
16.3%
|
Assets
1 |
3,503
|
4,310
|
6,269
|
6,600
|
5,057
|
4,164
|
4,108
|
4,229
|
Book Value Per Share
2 |
12.90
|
15.70
|
20.90
|
20.20
|
16.60
|
16.20
|
16.60
|
17.60
|
Cash Flow per Share
2 |
4.430
|
3.830
|
5.070
|
13.00
|
7.010
|
5.810
|
5.610
|
-
|
Capex
1 |
47
|
47.5
|
36.2
|
86.8
|
39.3
|
52.5
|
54
|
59
|
Capex / Sales
|
0.58%
|
0.47%
|
0.22%
|
0.51%
|
0.42%
|
0.58%
|
0.57%
|
0.6%
|
Announcement Date
|
2/18/20
|
2/16/21
|
2/22/22
|
2/21/23
|
2/20/24
|
-
|
-
|
-
|
Mean consensus UNDERPERFORM Average target price
107.1
USD Spread / Average Target -6.87% Consensus |
1st Jan change
|
Capi.
|
---|
| -9.62% | 16.31B | | -6.87% | 125B | | +3.04% | 64.14B | | -11.27% | 50.16B | | +22.01% | 8.22B | | -56.64% | 7.74B | | -19.66% | 6.65B | | -17.81% | 6B | | +11.93% | 5.2B | | -22.43% | 4.53B |
Other Air Freight & Logistics
|