Embraer S.A.

ERJNYSEIndustrials

$64.52

$-0.69(-1.06%)

Market Cap$47.4B

P/E Ratio—

52W High$67.44

52W Low$34.88

Avg Volume1.2M

Open$64.24

Beta0.92

Free Cash Flow Financials Revenue

Embraer S.A. (ERJ) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ERJ · free cash flow · updated Jun 9, 2026

Core FCF metrics

ERJ · FCF · TTM · margin & CAGR

Free cash flow was $2.50B for FY2024 (fiscal year ending 2024-12-31), up 173.7% year-over-year The FCF margin was 6.3%. Five-year CAGR stands at +15.0%.

FY2024 Free Cash Flow$2.50B▲ +173.7% YoY

Trailing 12M (TTM)$4.37Btrailing 4 quarters sum

FCF Margin6.3%$2.50B ÷ revenue

3-Year CAGR+21.8%FY2021 → FY2024

5-Year CAGR+15.0%FY2019 → FY2024

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ERJ · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2024Latest$5.39B(2.88B)$2.50B▲ +173.7%6.3%

FY2023$3.03B(2.12B)$915.2M▼ 65.5%3.5%

FY2022$4.02B(1.37B)$2.65B▲ +91.2%10.9%

FY2021$2.85B(1.50B)$1.39B▲ +117.6%5.9%

FY2020−$6.56B(1.16B)−$7.87B▼ 731.0%-40.1%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ERJ · P/FCF · FCF yield · FCF per share

Embraer S.A. (ERJ) trades at a FCF yield of 4.17% and a price-to-free-cash-flow ratio of 2.7x. FCF per share stands at $23.78, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

4.17%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$23.78

TTM FCF ÷ Shares Outstanding

Price / FCF

x2.7

Share Price ÷ FCF per Share

EV / FCF (TTM)

x27.4

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2024 · 2024-12-31

Cash flow statement summary

ERJ · cash flow statement · operating / investing / financing

For FY2024, Embraer S.A. generated $5.39B in operating cash flow and spent 2.88B in capital expenditures, yielding $2.50B in free cash flow.

Operating Activities

+$5.39B

Cash from core business operations

2024-12-31

Investing Activities

−$3.71B

CapEx, acquisitions & investments

2024-12-31

Financing Activities

−$2.08B

Buybacks, dividends & debt

2024-12-31

FCF FormulaOperating CF ($5.39B) − |CapEx| (2.88B) = FCF ($2.50B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

ERJ vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Embraer S.A.YOU

ERJ

$2.50B+173.7%6.3%

24%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Embraer S.A. (ERJ) reported free cash flow of $2.50B for FY2024 (fiscal year ending 2024-12-31), up 173.7% year-over-year. The FCF margin was 6.3%.

Based on available data, Embraer S.A. has maintained positive free cash flow for at least 13 fiscal year(s). FCF peaked at $3.45B in FY2018. The 5-year CAGR stands at +15.0%.

Embraer S.A.'s FCF yield is 4.17% and price-to-FCF ratio is 2.7x for FY2024, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ERJ free cash flow · 8 questions

Embraer S.A. free cash flow was $2.50B for FY2024, up 173.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $4.37B.

ERJ free cash flowERJ FCFERJ FCF 2024ERJ free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Embraer S.A. · Embraer S.A. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026