Air Arabia Valuation Multiples

Air Arabia Overview

About Air Arabia

Air Arabia PJSC is a group of airlines and companies offering travel and tourism services internationally. Its activities include international commercial air transportation, aircraft trading and rental, aircraft spare parts trading, passenger transport, cargo services, aviation training, aircraft repairs and maintenance, as well as travel and tourist agencies, hotels, hotel apartment rentals, representative offices, and document transfer services. The company operates through two segments: Airline, covering air transportation, aircraft rental, passenger transport, cargo services, aviation training, and aircraft repairs and maintenance, and Other, covering travel and tourist agencies, hotels, hotel apartment rentals, representative offices, and document transfer services.

Founded

2007

HQ

Employees

4.6K

Website

airarabia.com

Sectors

Airlines

Financials (LTM)

Revenue: $2B

EBITDA: $538M

EV

$6B

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Air Arabia Financials

Air Arabia reported last 12-month revenue of $2B and EBITDA of $538M.

In the same LTM period, Air Arabia generated $486M in gross profit, $538M in EBITDA, and $441M in net income.

Air Arabia P&L

In the most recent fiscal year, Air Arabia reported revenue of $2B and EBITDA of $685M.

Air Arabia expects next 12-month revenue of XXX and NTM EBITDA of XXX

Air Arabia Stock Performance

Air Arabia has current market cap of $7B, and enterprise value of $6B.

Air Arabia's stock price is $1.47.

Air Arabia Valuation Multiples

Air Arabia trades at 2.9x EV/Revenue multiple, and 11.6x EV/EBITDA.

Air Arabia Financial Valuation Multiples

As of March 16, 2026, Air Arabia has market cap of $7B and EV of $6B.

Equity research analysts estimate Air Arabia's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Air Arabia has a P/E ratio of 15.6x.

Air Arabia Margins & Growth Rates

Air Arabia's revenue in the last 12 month grew by 9%.

Air Arabia's revenue per employee in the last FY averaged $0.5M.

Air Arabia's rule of 40 is 34% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Air Arabia's rule of X is 47% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Air Arabia Public Comps

See public comps and valuation multiples for other Airlines comps.

Air Arabia M&A Activity

Air Arabia acquired XXX companies to date.

Last acquisition by Air Arabia was on XXXXXXXX, XXXXX. Air Arabia acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Air Arabia Investment Activity

Air Arabia invested in XXX companies to date.

Air Arabia made its latest investment on XXXXXXXX, XXXXX. Air Arabia invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).