Air France-Klm annual net debt
2020
2021
2022
2023
2024
2025
Air France-Klm Net Debt Growth & History (AF)
Air France-Klm's net debt was €10.69B for fiscal 2025.
View full Air France-Klm company overviewAir France-Klm annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €10.69B | €878.0M | +8.95% |
| 2024 | 2024-12-31 | €9.81B | €2.38B | +31.95% |
| 2023 | 2023-12-31 | €7.44B | −€642.0M | −7.95% |
| 2022 | 2022-12-31 | €8.08B | −€1.50B | −15.67% |
| 2021 | 2021-12-31 | €9.58B | −€2.75B | −22.30% |
| 2020 | 2020-12-31 | €12.33B | — | — |
Air France-Klm quarterly net debt
Q1.25
Q2.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | €8.63B | €676.0M | +8.50% |
| Q1 2026 | 2026-03-31 | €8.70B | €835.0M | +10.62% |
| Q4 2025 | 2025-12-31 | €10.69B | — | — |
| Q2 2025 | 2025-06-30 | €7.95B | — | — |
| Q1 2025 | 2025-03-31 | €7.86B | — | — |
Air France-Klm net debt trends
Over the last five fiscal years, Air France-Klm's net debt decreased from €12.33B to €10.69B, a change of −€1.64B. The latest reported quarter, Q2 2026, shows €8.63B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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