# BAE Systems plc (BAESF)

> Industrials · GB · Reports in GBP

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/BAESF/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | £ 14.51B | £ 1.01B | £ 1.89B | £ 9.09B | £ 12.29B |
| 2025 | £ 28.33B | £ 2.06B | £ 2.32B | £ 9.05B | £ 11.78B |
| 2024 | £ 27.34B | £ 2.03B | £ 3.05B | £ 10.32B | £ 11.62B |
| 2023 | £ 24.83B | £ 2.00B | £ 2.91B | £ 6.48B | £ 10.56B |
| 2022 | £ 23.82B | £ 1.78B | £ 2.24B | £ 6.86B | £ 11.22B |
| 2021 | £ 23.89B | £ 2.15B | £ 2.23B | £ 6.36B | £ 7.44B |
| 2020 | £ 24.74B | £ 1.67B | £ 651.95M | £ 6.87B | £ 4.64B |
| 2019 | £ 23.69B | £ 1.91B | £ 1.38B | £ 4.75B | £ 5.41B |
| 2018 | £ 22.05B | £ 1.31B | £ 1.10B | £ 4.30B | £ 5.55B |
| 2017 | £ 23.03B | £ 1.11B | £ 2.02B | £ 4.08B | £ 4.74B |
| 2016 | £ 24.44B | £ 1.25B | £ 1.13B | £ 4.43B | £ 3.44B |
| 2015 | £ 23.48B | £ 1.28B | £ 627.88M | £ 4.01B | £ 2.99B |
| 2014 | £ 21.69B | £ 1.04B | £ 570.59M | £ 3.35B | £ 1.84B |
| 2013 | £ 23.87B | £ 237.77M | £ -489.70M | £ 2.91B | £ 3.38B |
| 2012 | £ 23.98B | £ 1.54B | £ 2.56B | £ 2.99B | £ 3.72B |
| 2011 | £ 26.26B | £ 1.83B | £ 146.31M | £ 3.20B | £ 4.24B |
| 2010 | £ 32.12B | £ 1.61B | £ 819.13M | £ 3.05B | £ 5.33B |
| 2009 | £ 32.18B | £ -105.81M | £ 1.75B | £ 3.29B | £ 4.59B |
| 2008 | £ 26.87B | £ 2.81B | £ 1.66B | £ 2.78B | £ 7.23B |
| 2007 | £ 23.77B | £ 1.50B | £ 2.59B | £ 2.50B | £ 5.97B |
| 2006 | £ 20.96B | £ 2.78B | £ 112.18M | £ 3.11B | £ 4.12B |
| 2005 | £ 19.27B | £ 966.89M | £ 2.79B | £ 4.44B | £ 2.79B |
| 2004 | £ 15.75B | £ 3.57M | £ 3.21B | £ 3.06B | £ 2.66B |
| 2003 | £ 15.23B | £ 10.90M | £ 519.46M | £ 2.53B | £ 5.59B |
| 2002 | £ 14.86B | £ -1.26B | £ -1.11B | £ 2.98B | £ 5.67B |
| 2001 | £ 16.92B | £ -250.85M | £ 129.17M | £ 3.38B | £ 6.57B |
| 2000 | £ 18.30B | £ -47.43M | £ 2.24B | £ 3.46B | £ 6.91B |
| 1999 | £ 13.53B | £ 622.29M | £ -193.99M | £ 3.18B | £ 7.29B |
| 1998 | £ 13.73B | £ 1.35B | £ -1.91B | £ 1.16B | £ 1.95B |
| 1997 | £ 14.43B | £ 325.68M | £ 55.60M | £ 1.27B | £ 1.38B |
| 1996 | £ 13.08B | £ 625.12M | £ 677.72M | £ 1.13B | £ 1.63B |
| 1995 | £ 11.94B | £ 287.04M | £ -187.20M | £ 1.29B | £ 860.50M |
| 1994 | £ 15.33B | £ 295.80M | £ -1.27B | £ 1.30B | £ 778.50M |
| 1993 | £ 23.58B | £ -508.95M | £ -682.26M | £ 2.35B | £ 1.36B |
| 1992 | £ 22.38B | £ -1.99B | £ -1.14B | £ 1.73B | £ 1.71B |
| 1991 | £ 24.43B | £ -305.32M | £ -2.21B | £ 1.35B | £ 2.63B |
| 1990 | £ 25.96B | £ 640.42M | N/A | £ 1.15B | £ 2.47B |
| 1989 | £ 24.44B | £ 626.69M | N/A | £ 1.35B | £ 2.31B |
| 1988 | £ 16.06B | £ 444.27M | N/A | £ 575.00M | £ 2.11B |
| 1987 | £ 12.20B | £ -329.30M | N/A | £ 407.00M | £ 1.02B |
| 1986 | £ 9.74B | £ 261.74M | N/A | £ 243.00M | £ 1.22B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.74 |
| Liabilities / Eq | 2.21 |
| Current Ratio | 1.02 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 5.13 |
| Gross Debt / FCF | 4.32 |

## Other views

- [Metrics](https://sponda.capital/en/BAESF.md)
- [Charts](https://sponda.capital/en/BAESF/charts.md)
- [Compare](https://sponda.capital/en/BAESF/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.