Thales S.A.
Market Cap
$59.4B
Global Rank
#247
All-Time High
$59.4B
2026-08-11
Total Growth
+0%
since 2026
Market Cap Context
- Larger than 33% of the 367 companies we track (globally).
- Equivalent to 1.8% of France's GDP (2025 data).
- Just above: #246 NXP Semiconductors N.V. ($59.6B)
- Just below: #248 Occidental Petroleum Corporation ($59.0B)
- Best year: 2013 (+83%). Worst year: 2002 (-34%).
Thales S.A. Financial Breakdown (FY 2025)
Source: Yahoo Finance โ HO.PA annual filings (2025) (converted from EUR at 0.93) โ$23.8B revenue ยท $2.4B operating income ยท $1.8B net income
- โOperating margin: 10.0% on $23.8B in revenue.
- โR&D is 6.0% of revenue ($1.4B).
- โNet income margin: 7.6% โ $1.8B in profit.
- โFree cash flow: $2.8B (11.6% of revenue).
Cost / Operating Expenses
Total operating expenses $21.4B
Total
$21.4B
Capital Expenditures
$0.8B
This fiscal year (near-total AI infrastructure buildout)
Free Cash Flow
$2.8B
Trailing twelve months
Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.
About Thales S.A.
Thales S.A., trading as Thales Group, is a French multinational aerospace and defence corporation specialising in electronics. It designs, develops and manufactures a wide variety of aerospace and military systems, devices and equipment but also operates in the cybersecurity and formerly civil ground transportation sectors. The company is headquartered in Paris' business district, La Dรฉfense, and its stock is listed on Euronext Paris.
Thales S.A. Market Cap History (2026โ2026)
Thales S.A. vs Sector Peers by Market Cap
Compare Thales S.A.
Ranking History
| Year | Market Cap | Rank | YoY Change |
|---|---|---|---|
| 2026 | $59.4B | #247(โ6) | +18.6% |
| 2025 | $50.1B | #253(โ47) | +68.6% |
| 2024 | $29.7B | #300(โ7) | +5.7% |
| 2023 | $28.1B | #307(โ15) | +14.8% |
| 2022 | $24.5B | #292(โ37) | +63.5% |
| 2021 | $15.0B | #329(โ6) | +2.0% |
| 2020 | $14.7B | #323(โ32) | -18.5% |
| 2019 | $18.0B | #291(โ53) | -7.4% |
| 2018 | $19.4B | #238(โ15) | +15.5% |
| 2017 | $16.8B | #253(โ24) | -0.8% |
| 2016 | $17.0B | #229(โ14) | +35.8% |
| 2015 | $12.5B | #243(โ26) | +56.9% |
| 2014 | $8.0B | #269(โ8) | -1.4% |
| 2013 | $8.1B | #261(โ8) | +83.0% |
| 2012 | $4.4B | #269(โ11) | +11.2% |
| 2011 | $4.0B | #258(โ1) | -5.2% |
| 2010 | $4.2B | #259(โ33) | -25.8% |
| 2009 | $5.6B | #226(โ23) | +24.7% |
| 2008 | $4.5B | #203(โ23) | -24.9% |
| 2007 | $6.0B | #226(โ6) | +10.0% |
| 2006 | $5.5B | #220(โ15) | +1.5% |
| 2005 | $5.4B | #205(โ14) | +11.2% |
| 2004 | $4.9B | #191(โ7) | +37.9% |
| 2003 | $3.5B | #198(โ22) | +8.8% |
| 2002 | $3.2B | #176(โ18) | -33.8% |
| 2001 | $4.9B | #158(โ25) | -23.1% |
| 2000 | $6.4B | #133 |
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FAQ
What is Thales S.A.'s market cap?
Thales S.A. (HO.PA) has a market capitalization of $59.4B, making it the #247 largest company in the world by market cap.
What was Thales S.A.'s highest market cap?
Thales S.A.'s all-time high market cap was $59.4B, reached in 2026-08-11. Its highest rank was #247 in 2026.
What sector is Thales S.A. in?
Thales S.A. is in the Industrials sector, specifically the Aerospace & Defense industry. It is based in France.
How has Thales S.A.'s market cap changed over time?
Thales S.A. has been tracked since 2026. Its market cap has grown by 0% from $59.4B in 2026 to $59.4B today.