Revenue distribution by sectors:

• Military aircraft: approx. 60%
• Civil aviation (business aircraft): approx. 40%

TOP 3 markets:

1. France: approx. 25%
2. India: approx. 20%
3. United Arab Emirates: approx. 15%

Dassault Aviation generates the majority of its revenue from the sale of military aircraft, particularly through the sale of the Rafale combat aircraft. Civil aviation, especially through the Falcon business aircraft, also contributes significantly to the revenue.

France remains the largest individual market, attributed to the close relationship with the French government and armed forces. India and the United Arab Emirates are significant export markets characterized by large orders for military aircraft.

Production sites of Dassault Aviation:

1. France:

   • Mérignac
   • Martignas
   • Argonay
   • Biarritz
   • Istres
   • Seclin

2. International:

   • Little Rock, USA

Dassault Aviation produces the majority of its aircraft in France, with the main production site located in Mérignac. These sites are responsible for the final assembly and testing of the aircraft. In the USA, particularly in Little Rock, adjustments and equipment installations are mainly carried out for the American market.

Revenue Growth: Estimated at 5-7% annually (2025)

Profit Growth: Estimated at 4-6% annually (2025)

Dassault Aviation pursues a strategy based on innovation and technological advancement to secure future growth. The company heavily invests in research and development, particularly in the areas of digitalization and sustainable aviation technologies.

Another focus is on expanding the civil and military product portfolios to meet changing market demands. This includes developing new aircraft models and modernizing existing platforms.

Additionally, Dassault Aviation aims to strengthen its international presence, especially in high-growth markets such as Asia and the Middle East. This is intended to be achieved through strategic partnerships and collaborations to facilitate market access and enhance global competitiveness.

Main materials: Aluminum, Titanium, Composite materials

Countries of origin:

• Aluminum: Canada, Russia
• Titanium: Japan, Russia
• Composite materials: USA, Germany

Dassault Aviation relies heavily on high-quality materials such as aluminum, titanium, and composite materials that are essential for the construction of aircraft. Aluminum is mainly imported from Canada and Russia, as these countries have significant production capacities. Titanium, another critical material, is primarily sourced from Japan and Russia, as these countries are leading in titanium production.

Composite materials, valued for their lightness and strength, mainly come from the USA and Germany, where advanced technologies for manufacturing these materials are available. These imports are crucial to ensure Dassault Aviation's high quality standards and to secure the production of state-of-the-art aircraft.

Market Share: 20% in the business aircraft market (2024, estimate)
R&D Investments: 10% of revenue (2023)
Backlog: 35 billion euros (2023)

Dassault Aviation has a significant competitive advantage, especially in the business aircraft and military aircraft sectors. The company benefits from a strong brand image and a long tradition in the aviation industry, which enhances customer trust.

A key factor for the competitive advantage is the high investment in research and development, enabling the company to offer technologically advanced and innovative products. This is underscored by the continuous introduction of new models and technologies.

Furthermore, Dassault Aviation has a solid backlog, providing financial stability and planning certainty. Its strong market position in Europe and strategic partnerships with other aviation companies and governments also contribute to its advantage.

Institutional Investor Share: Approximately 60% (estimated for 2025)

Insider Buys/Sells: No significant transactions in the last year

The institutional investor share at Dassault Aviation typically stands at around 60%, indicating the interest of large investment funds and institutional investors in the company's stability and long-term prospects.

There have been no significant insider buys or sells in the past twelve months, suggesting a stable confidence from management and insiders in the company's future development. This can be seen as a positive signal for investors, as it indicates a stable internal assessment of the company's performance.

Dassault Aviation Market Share: Estimated at around 10% (2025, based on current trends and market analyses)

Top Competitors and Their Market Shares:

1. Boeing: around 25%
2. Airbus: around 30%
3. Lockheed Martin: around 15%
4. Northrop Grumman: around 10%
5. Dassault Aviation: around 10%
6. Embraer: around 5%
7. General Dynamics: around 5%

Dassault Aviation has a significant moat due to its specialization in military aircraft and business jets, particularly the Rafale and Falcon Jets. This specialization allows the company to differentiate itself from larger competitors like Boeing and Airbus, who are more focused on the commercial aviation market.

Dassault Aviation's moat is reinforced by its advanced technology, strong brand reputation, and long-term contracts with governments. Compared to Boeing and Airbus, which have larger production capacities and a broader product portfolio, Dassault Aviation's moat is more specific and less diversified.

Lockheed Martin and Northrop Grumman also have strong moats in the military sector, challenging Dassault in this segment. However, Dassault offers diversification with its Falcon Jets, which not all competitors have to the same extent.

Revenue Growth: 10% (2024)
Order Backlog: 35 billion euros (2024)
R&D Investments: 1.2 billion euros (2024)

Dassault Aviation recorded a revenue growth of 10% in 2024, driven by strong demand for business and military aircraft. The company's order backlog amounts to 35 billion euros, providing a solid foundation for future revenues.

The company continuously invests in research and development, with 1.2 billion euros in 2024, to strengthen its competitiveness and innovation capabilities. These investments could lead to long-term technological advancements and a stronger market position.

Overall, Dassault Aviation demonstrates positive business development with a strong order backlog and significant investments in the future. These factors could indicate that the stock is a good investment, especially for investors interested in long-term growth.

Dividend Yield: 2.5% (estimated for 2025)
Dividend History: Steady payouts in recent years

Dassault Aviation has regularly distributed dividends in recent years. The company's dividend policy is aimed at providing shareholders with a stable return, with the payout ratio typically kept conservative to maintain financial flexibility.

The reliability of dividend payment can be considered high, as Dassault Aviation has a solid financial foundation and a strong market position. The continuous demand for their products, especially in the military aircraft sector, supports the company's ability to continue paying dividends in the future.