EMBJNYSEAircraft
EMBRAER S.A.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 30, 2026
$73.25+0.91 (+1.26%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 152.6
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2014 to 2025
Gross margin
17.5%+4.9 pts over 5 years
Operating margin
8.0%+16.6 pts over 5 years
Net margin
4.6%+24.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +18.5% | +18.6% | +15.0% | +2.5% | |
| Gross profit | +15.2% | +13.4% | +22.7% | +1.8% | |
| Operating income | -9.0% | – | – | +6.2% | |
| Net income | -0.2% | – | – | +17.7% | |
| EPS, diluted | 0.0% | – | – | +17.7% | |
| Free cash flow | +1.8% | +3.5% | – | +2.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -23.2% | 10.8% | |
| Return on assets | 1.5% | -7.0% | 2.8% | |
| Current ratio | 2.11 | 2.52 | 1.50 | |
| Debt to equity | 0.10 | 0.00 | – | |
| Net debt to EBITDA | – | 8.41× | – | |
| Interest coverage | 0.9× | -1.2× | 1.0× | |
| Inventory turnover | – | 1.8× | 2.0× | |
| Capex to revenue | 6.3% | 2.7% | 2.5% | |
| Diluted shares | 737M | 1M | 732M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Embraer generated $3.62B from operations and spent $872.50M on capital expenditure, dividends and share buybacks. 99% of that went back into the business.
Generated
$3.62B
Used
$872.50M
Capital expenditure$864.20M99%Dividends$8.30M1%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin4.6%
×Asset turnover0.61×
×Equity multiplier3.79×
=Return on equity, FY202510.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 4.6% | 0.61× | 3.79× | 10.8% |
| FY2024 | 5.5% | 0.57× | 3.86× | 12.0% |
| FY2023 | 3.1% | 0.50× | 3.91× | 6.1% |
| FY2022 | -4.1% | 0.45× | 3.88× | -7.1% |
| FY2021 | -1.1% | 0.41× | 3.78× | -1.6% |
| FY2020 | -19.4% | 0.36× | 3.34× | -23.2% |
| FY2019 | -5.9% | 0.50× | 2.97× | -8.8% |
| FY2018 | -3.5% | 0.44× | 2.94× | -4.5% |
| FY2017 | 10.4% | 0.21× | 3.00× | 6.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$351.90M
- Cash generatingOperating cash flow above zero$870.00M
- Return on assets improvedROA up on the prior year3.3% → 3.0%
- Earnings backed by cashOperating cash flow above net income$870.00M vs $351.90M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.47 → 1.50
- No dilutionShare count did not rise735M → 732M
- Gross margin improvedGross margin up on the prior year18.03% → 17.53%
- More efficientAsset turnover rose0.59 → 0.64