Under the former dauphin, now Charles V (reigned 1364–80), the fortunes of war were dramatically reversed. Charles had a high conception of royalty and a good political sense. While he shared the house of Valois’s taste for luxury and festivity, he reverted to the Capetian tradition of prudent diplomacy. He observed the Treaty of Calais, which helps to explain why Edward III did not press to conclude the renunciations; but he reserved his authority in Aquitaine by inserting in his coronation oath a clause prohibiting the alienation of rights attached to the crown.

The early years of his reign were filled with baronial politics. Charles the Bad once again revolted unsuccessfully, his dynastic claim to Burgundy running afoul of the king’s; the succession to Brittany was settled by arms in favour of the Anglophile Jean de Montfort (who became John IV [the Valiant]). Most significant for the future, Charles V obtained the heiress to Flanders for his brother Philip II (the Bold), to whom Burgundy had been granted in appanage. Meanwhile, companies of mercenary soldiers, many based in strongholds of central France, were paralyzing the countryside. Charles V commissioned the Breton captain Bertrand du Guesclin to neutralize them. Between 1365 and 1369 Bertrand employed the companies in adventurous conflicts in Spain; many of the mercenaries were killed or dispersed. The Black Prince had also intervened in Spain, and his taxes and administration in Aquitaine aroused protest. In 1369 the lords of Albret and Armagnac, having refused to permit levies of subsidy in their lands, appealed to Charles V for the judgment of his court. Although Charles hesitated, his eventual decision to accept the appeals was in keeping with the letter of the Treaty of Calais and his coronation oath.

The war with England soon broke out again. Two new factors worked in favour of France. First, Charles’s alliance with Henry II of Trastámara, king of Castile, cost the English their naval supremacy; a Castilian fleet destroyed English reinforcements off La Rochelle in 1372, which effectively secured the success of French operations in the west. Second, Charles abandoned the defective policy of massive engagement with the enemy. Unable to command in person, he appointed Bertrand du Guesclin constable in 1370; the latter proceeded to harry the enemy and to prey on supplies with great effectiveness. Through skirmishes and sieges, the French forces soon reconquered Guyenne and Poitou, leaving only some port towns (Calais, Cherbourg, Saint-Malo, Bordeaux) in English hands. To finance these operations, Charles continued to levy the taxes on merchandise, salt (gabelles), and hearths that had been intended to raise John’s ransom; despite serious inequities and defaults, these taxes persisted to the end of the reign. In Languedoc they were voted, assessed, and expended by the Estates; elsewhere, by transforming into royal officers the deputies first chosen by the Estates in the time of John, Charles created a fiscal administration independent of popular control. His military success owed much to the improved regulation of armed forces and defenses. Ordinances provided for the inspection and repair of fortifications, the encouragement of archery, a more dependable discipline, pay for fighting men, and even the establishment of a navy.

The last years of the reign brought disappointments. Truces were arranged; but, as there could be no more talk of ceding French sovereignty over Aquitaine, there could be no assurance of peace. More serious, the papal-French alliance collapsed. Charles V, unable to prevent Pope Gregory XI from returning to Rome in 1376, chose to support the candidacy of Robert of Geneva against the Italian Urban VI in 1378, but only Scotland and Naples followed the French lead. A schismatic pope could no longer help France much; rival popes could hardly promote peace between their political supporters. Although he had reestablished the political unity of France, Charles V left an uncertain future.