Home Compare AIR.PA vs LDO.MI
Stock Comparison · Industry comparison · Aerospace & Defense

Airbus vs Leonardo S.p.a.: Which Stock Looks Stronger in 2026?

Airbus SE holds the cleaner structural position, with profitability as the main driver and growth adding further support. Leonardo S.p.a still has the edge on stability, which keeps the comparison from looking entirely one-sided. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the STOXX 600 universe, making them directly comparable.

Updated 2026-08-16

The comparison is mainly decided in profitability, with the rest of the profile carrying less weight. Airbus SE leads by 15 points on the overall comparison score.

INDUSTRY COMPARISON

Both operate in: Aerospace & Defense

This comparison is based on industry proximity, not on functional trajectory similarity. AIR.PA and LDO.MI share the same industry classification.

For a similarity-based comparison, see how Airbus SE and Leonardo S.p.a each position within their functional peer groups in AssetNext.

Peer-Relative Score
AIR.PA
Airbus SE
67
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600
vs
LDO.MI
Leonardo S.p.a.
52
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Score differences across key dimensions.

Dimension spread: AIR.PA vs LDO.MI Profitability 87 41 Stability 29 40 Valuation 51 48 Growth 100 87 AIR.PA LDO.MI
Gap Ranking
#1 Profitability +46
#2 Growth +13
#3 Stability +11
#4 Valuation +3
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for AIR.PA and LDO.MI Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AIR.PALDO.MI Relative valuation Structural strength

The setup remains mixed because the stronger profile and the more supportive price setup do not sit on the same side.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where AIR.PA and LDO.MI each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY AIR.PA Elevated · above norm 0th 50th 100th 0 pct gap LDO.MI Elevated · above norm 0th 50th 100th 99th 99th
AIR.PA (99th percentile) and LDO.MI (99th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
Both profiles are strong on profitability, but Airbus SE leads clearly.
Growth
The same pattern holds on growth: both sit in the stronger range, with Airbus SE still higher.
Profitability — Dominant Gap
AIR.PA
87
LDO.MI
41
Gap+46in favour of AIR.PA

Capital efficiency adds support, with a 10-point ROIC advantage.

What keeps the gap from being one-sided

Leonardo S.p.a. still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

Profitability is the clearest driver of the lead, with growth adding further support — though stability still provides a real counterweight.

Explore full peer positioning in AssetNext

Break down the AIR.PA vs LDO.MI comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar profitability-driven comparisons

Explore how AIR.PA and LDO.MI each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.