OverviewSuggest Edit

Thales Group is a global provider of technology solutions for customers in the aerospace, space, defense and security, and ground transportation markets. It operates in four segments: Aerospace, Transport, Defense and Security, and Digital Identity and Security. The company offers on-board electronic equipment, civil and military aircraft simulators, on-board connectivity, and in-flight entertainment; on-board equipment and functions for aircraft piloting, navigation, and control; equipment, payloads, satellites, systems and services for the space sector; rail signaling, control and monitoring of urban transport networks and main lines, and ticketing solutions.

TypePublic
Founded1893
HQParis, FR
Websitethalesgroup.com
Employee Ratings3.3
Overall CultureF

Latest Updates

Employees (est.) (Dec 2020)80,702(-2%)
Job Openings2,156
Revenue (FY, 2020)€17 B(-7%)
Share Price (Sept 2021)€84.1
Cybersecurity ratingCMore

Key People/Management at Thales

Patrice Caine

Patrice Caine

Chairman and Chief Executive Officer
Pascal Bouchiat

Pascal Bouchiat

Senior Executive Vice President, Chief Financial Officer
Sebastien Cano

Sebastien Cano

Senior Vice President Cloud Protection & Licensing, Thales USA
James Couche

James Couche

Vice President, Legal & Contracts
Dieter Romppel

Dieter Romppel

Head of Project Management Train Control, Thales Germany
Elie Amar

Elie Amar

Vice President, Finance, Thales USA
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Thales Office Locations

Thales has offices in Paris, Aix-en-Provence, Brest, Brive-la-Gaillarde and in 172 other locations
Paris, FR (HQ)
Tour Carpe Diem, 31 Place des Corolles
Aix-en-Provence, FR
530 Rue Frédéric Joliot
Brest, FR
1014 Avenue 1ère Dfl
Brest, FR
34 Quai de la Douane
Brive-la-Gaillarde, FR
6 Rue Lt Colonel Laporte
Cannes, FR
5 Allée des Gabians
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Thales Financials and Metrics

Thales Revenue

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Thales's revenue was reported to be €16.99 b in FY, 2020 which is a 7.7% decrease from the previous period.
EUR

Revenue (FY, 2020)

17.0b

Revenue growth (FY, 2019 - FY, 2020), %

(7.7%)

Gross profit (FY, 2020)

3.9b

Gross profit margin (FY, 2020), %

23.2%

Net income (FY, 2020)

491.9m

EBIT (FY, 2020)

817.6m

Market capitalization (9-Sept-2021)

17.8b

Closing stock price (9-Sept-2021)

84.1

Cash (31-Dec-2020)

5.0b

EV

20.4b
Thales's current market capitalization is €17.8 b.
Annual
EURFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

15.8b15.9b18.4b17.0b

Revenue growth, %

6%0%16%(8%)

Cost of goods sold

12.0b11.8b13.9b13.1b

Gross profit

3.8b4.1b4.5b3.9b
Half Year
EURH1, 2017H1, 2018H1, 2019H1, 2020

Revenue

7.2b7.5b8.2b7.8b

Cost of goods sold

5.5b5.5b6.1b6.2b

Gross profit

1.7b1.9b2.1b1.6b

Gross profit Margin, %

24%26%26%21%
Annual
EURFY, 2017FY, 2018FY, 2019FY, 2020

Cash

4.3b5.6b2.9b5.0b

Inventories

2.8b2.9b3.7b3.5b

Current Assets

14.8b17.0b15.9b17.4b

PP&E

1.8b1.8b2.2b3.6b
Half Year
EURH1, 2017H1, 2018H1, 2019H1, 2020

Cash

3.6b4.7b2.5b3.7b

Inventories

3.0b3.3b3.3b4.1b

Current Assets

14.4b16.1b16.1b16.6b

PP&E

1.8b1.8b1.8b3.7b
Annual
EURFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

887.1m1.0b1.1b491.9m

Depreciation and Amortization

504.1m102.8m1.1b1.2b

Cash From Operating Activities

1.7b1.1b1.8b1.3b

Purchases of PP&E

(438.9m)(393.2m)(503.3m)(395.4m)
Half Year
EURH1, 2017H1, 2018H1, 2019H1, 2020

Net Income

357.9m474.9m564.1m47.2m

Depreciation and Amortization

242.2m234.5m444.2m590.1m

Cash From Operating Activities

365.8m165.4m(205.1m)(359.1m)

Purchases of PP&E

(189.5m)(156.4m)(175.5m)(163.2m)
EURH1, 2017

EV/EBIT

35.9 x

EV/CFO

49 x

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

4.6 x

P/E Ratio

59.7
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Thales Acquisitions / Subsidiaries

Company NameDateDeal Size
PsibernetixMay 07, 2019
GemaltoApril 02, 2019€4.8 b
ERCOMJanuary 31, 2019€100 m
SunerisJanuary 31, 2019
CubrisMay 29, 2018
Thales Digital Identity & SecurityDecember 17, 2017$5.43 b
GuavusApril 29, 2017$215 m
AviovisionOctober 21, 2016
THALES RAYTHEON SystemsJuly 01, 2016
Vormetric IncMarch 31, 2016€372 m
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Thales Revenue Breakdown

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Thales revenue breakdown by business segment: 17.6% from Digital I&S, 47.6% from Defence and Security, 9.5% from Transport, 24.8% from Aerospace and 0.5% from Other

Thales revenue breakdown by geographic segment: 5.8% from Australia and New Zealand, 27.2% from Emerging Markets, 11.5% from North America and 55.5% from Europe

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Thales Cybersecurity Score

Cybersecurity ratingPremium dataset

C

71/100

SecurityScorecard logo

Thales Online and Social Media Presence

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Thales Company Culture

  • Overall Culture

    F

    40/100

  • CEO Rating

    F

    35/100

  • Compensation

    D

    55/100

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Thales News and Updates

Thales Partners with DAS in Fully Supporting Hong Kong International Airport's Three-Runway System Expansion Project

Thales and Dah Chong Hong Dragonair Airport GSE Service Ltd. (DAS) announced that they have been selected by the Civil Aviation Department (CAD) of the Hong Kong Special Administrative Region Government through global open tender exercise to deploy the new Instrument Landing System (ILS) and to supp…

Thales Enters Into Agreement in View of Selling Its Ground Transportation Systems Business to Hitachi Rail

Thales (Euronext Paris: HO) and Hitachi Rail announce today that they are entering into exclusive negotiations on the sale of Thales’s Ground Transportation Systems Global Business Unit (“Ground Transportation Systems” or “GTS”) for an enterprise value of € 1,660 million.

Exclusive: Thales poised to sell signaling unit to Hitachi for about $2 billion - source

French firm Thales is in advanced negotiations to sell its railway signaling business to Japan's Hitachi for nearly 1.7 billion euros ($2 billion), a source familiar with the discussions told Reuters.

2021 Half Year Results

Thales’s Board of Directors (Euronext Paris: HO) met on 23 July 2021 to review the financial statements for the first half of 2021

Thales to provide Rafale with new avionics

Thales has been awarded a contract to supply Scorpion helmet-mounted sight and display systems and digital multi-function displays for all the Dassault Aviation Rafale aircraft in service with the French Air and Space Force and the French Navy.

Network Rail partners with Thales to advance their digital ambitions in the UK

Network Rail have entrusted Thales to develop and implement a new signalling communications system on the East Coast Main Line. The new system, known as an Online Key Management System (OKMS), will be trialled in late 2022, before it goes live in 2023
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Thales Blogs

Thales selected to equip Dassault Aviation Falcon 2000 ALBATROS for AVSIMAR programme

Thales selected to equip Dassault Aviation Falcon 2000 ALBATROS for AVSIMAR programme Language English carine.menard Mon, 09/20/2021 - 11:43 Dassault Aviation has awarded Thales a contract to provide its SEARCHMASTER® surveillance radar for the AVSIMAR programm…

Escaping a fortress mindset: building trust in a multi-domain environment

Escaping a fortress mindset: building trust in a multi-domain environment Language English Sblogg Fri, 09/17/2021 - 16:50 Multi-domain integration, sharing information across a wider breadth of stakeholders and platforms, promises to deliver great benefits to UK …

Thales hands over the SAGD communication network to the EAZS M Neustadt

Thales hands over the SAGD communication network to the EAZS M Neustadt Language English rebekka.fredrich Thu, 09/16/2021 - 13:43 At the beginning of August, Thales Germany handed over the upgrade of the digital communication network commissioned by BAAINBw to ma…

Legal identity, a fundamental human right

Legal identity, a fundamental human right Language English iain.cash Thu, 09/16/2021 - 11:31 Since 2018, September 16 is the date chosen to celebrate International Identity Day1. The event is a reminder that having the means to prove one's identity is a fundament…

Australian future submarines: Thales confirms all its financial targets

Australian future submarines: Thales confirms all its financial targetsken.abbott Thu, 09/16/2021 - 08:45 Thales takes note of the decision by the Australian authorities to acquire a fleet of nuclear-powered submarines in the framework of a new strategic security partnership with the U…

Thales Partners with EVERING to Secure the Next-Generation of Wearable Fashion in Japan

Thales Partners with EVERING to Secure the Next-Generation of Wearable Fashion in Japanmarisa.teixeira Wed, 09/15/2021 - 13:47 EVERING, a fast-growing Japanese FinTech startup, launches its NFC ring, bringing the convenience of contactless payment to Japanese consumers, leveraging a “L…
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Thales Frequently Asked Questions

  • When was Thales founded?

    Thales was founded in 1893.

  • Who are Thales key executives?

    Thales's key executives are Patrice Caine, Pascal Bouchiat and Sebastien Cano.

  • How many employees does Thales have?

    Thales has 80,702 employees.

  • What is Thales revenue?

    Latest Thales annual revenue is €17 b.

  • What is Thales revenue per employee?

    Latest Thales revenue per employee is €210.5 k.

  • Who are Thales competitors?

    Competitors of Thales include SMS Pro, Honeywell Aerospace and Gogo.

  • Where is Thales headquarters?

    Thales headquarters is located at Tour Carpe Diem, 31 Place des Corolles, Paris.

  • Where are Thales offices?

    Thales has offices in Paris, Aix-en-Provence, Brest, Brive-la-Gaillarde and in 172 other locations.

  • How many offices does Thales have?

    Thales has 221 offices.