BAE Systems
1,921.00 GBpChange from previous close: −1.13%Absolute change: −22.00 GBp
At a glance
- Revenue growth
- +7.69%
- 2025 vs 2024
- Net income growth
- +5.42%
- 2025 vs 2024
- Net margin
- 7.3%
- 2024: 7.4%
Financial data
Amounts in millions of GBP; per-share values in GBP; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 3,432 | 3,925 | 3,760 | 2,839 | 2,447 |
| Depreciation and amortization | 1,066 | 997 | 675 | 656 | 594 |
| Capital expenditure | -920 | -990 | -826 | -599 | -516 |
| Investing cash flow | -541 | -5,269 | -541 | -422 | 66.0 |
| Financing cash flow | -2,774 | 695 | -2,188 | -2,333 | -2,256 |
| Dividends paid | -1,027 | -937 | -857 | -802 | -777 |
| Share repurchases | -502 | -555 | -561 | -788 | -368 |
| Debt issued | 0.0 | 6,933 | 162 | 0.0 | — |
| Debt repaid | -562 | -3,794 | 0.0 | -400 | — |
| Effect of exchange rates | -57.0 | -40.0 | -71.0 | 106 | -7.0 |
| Net change in cash | 60.0 | -689 | 960 | 190 | 250 |
| Free cash flow | 2,512 | 2,935 | 2,934 | 2,240 | 1,931 |
| Levered free cash flow | 1,784 | 2,017 | 1,573 | 1,173 | 1,273 |