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Utilities · XETRA · 🇩🇪 Germany

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66.80

0.00%

Close of 9 Nov 2026, in EUR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in EUR, from our data supplier.

FY2025

Revenue

€34.39bn

FY2016FY2025

Net income

−€206.8m

FY2016FY2025

Free cash flow

€4.22bn

FY2016FY2025

Shareholders' equity

€12.90bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue€34.39bn€34.52bn€44.43bn€56.00bn€32.15bn€19.69bn€18.77bn€20.62bn€21.97bn€19.37bn
Research and development€59.4m—€47.7m€28.1m€38.6m€71.6m€55.3m€42.9m€39.8m€37.3m
Operating income€1.58bn€3.68bn€3.34bn€972.1m€1.36bn€1.42bn€1.89bn€712.4m€2.10bn−€1.55bn
Net income−€206.8m€1.24bn€1.54bn€1.74bn€363.2m€807.6m€734.0m€334.2m€2.05bn−€1.80bn
Diluted earnings per share-0.644.595.686.421.342.982.711.237.58-6.64

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets€72.72bn€64.28bn€64.72bn€69.50bn€71.27bn€45.97bn€43.29bn€39.61bn€38.78bn€38.54bn
Cash and short-term investments€9.34bn€8.44bn€8.55bn€6.16bn€6.58bn€2.00bn€1.81bn€3.02bn€3.80bn€6.38bn
Total liabilities€51.00bn€46.51bn€48.87bn€56.73bn€62.77bn€38.20bn€35.84bn€33.34bn€32.92bn€35.32bn
Debt€21.23bn€20.76bn€17.45bn€13.80bn€11.97bn€10.50bn€8.89bn€7.00bn€7.26bn€7.93bn
Shareholders' equity€12.90bn€10.23bn€9.31bn€8.96bn€4.65bn€3.91bn€3.95bn€3.98bn€3.55bn€1.32bn
Shares outstanding324m271m271m271m271m271m271m271m271m271m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations€4.54bn€2.62bn€899.7m€1.80bn€7.60bn€1.16bn€707.0m€827.6m−€1.70bn€473.6m
Capital spending−€321.7m−€5.48bn−€4.40bn−€2.77bn−€2.36bn−€2.18bn−€1.95bn−€1.37bn−€1.42bn−€1.19bn
Free cash flow€4.22bn−€2.86bn−€3.50bn−€965.9m€5.24bn−€1.02bn−€1.24bn−€541.9m−€3.12bn−€715.8m
Dividends paid−€564.6m−€637.2m−€417.1m−€399.4m−€547.2m−€389.1m−€316.5m−€312.8m−€84.7m−€226.1m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue€9.39bn€9.75bn€8.56bn€8.33bn€7.54bn€9.95bn€7.75bn€7.74bn
Operating income€261.5m€680.3m€453.1m€514.1m€245.9m€1.10bn−€455.1m€640.8m
Net income€127.6m€95.5m−€796.0m€126.2m−€91.0m€554.0m−€335.2m€234.4m
Diluted earnings per share0.390.29-2.450.39-0.281.71-1.240.87
Cash from operations€810.0m€928.0m€1.19bn€853.0m€392.0m€2.11bn€703.0m€556.0m
Capital spending−€1.20bn−€1.14bn−€3.83bn−€1.54bn−€1.53bn−€1.08bn−€2.24bn−€1.32bn
Free cash flow−€387.0m−€209.0m−€2.65bn−€688.0m−€1.14bn€1.03bn−€1.54bn−€767.0m
Total assets€68.17bn€72.19bn€72.72bn€66.78bn€62.91bn€64.35bn€64.28bn€63.44bn
Cash and short-term investments€7.93bn€10.72bn€9.34bn€4.98bn€7.02bn€9.61bn€8.44bn€7.97bn
Debt€1.43bn€2.28bn€20.01bn€19.56bn€18.90bn€19.55bn€19.26bn€17.55bn
Shareholders' equity€12.67bn€13.16bn€12.90bn€13.48bn€10.14bn€10.81bn€10.23bn€10.37bn

Financial ratios

Data as of 25 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating margin5.8%10.6%7.5%1.7%4.2%7.2%—
Net margin-0.6%3.6%3.5%3.1%1.1%4.1%—
Return on equity-1.6%12.2%16.5%19.4%7.8%20.7%—
Return on assets-0.3%1.9%2.4%2.5%0.5%1.8%—
Free cash flow yield21.4%42.7%28.0%24.1%52.5%17.6%—
Revenue growth-0.4%-22.3%-20.7%74.2%63.2%5.0%—
Earnings growth-116.6%-19.1%-11.5%378.5%-55.0%10.0%—
Current ratio1.53x1.54x1.39x1.13x1.05x1.08x—
Debt to equity1.55x1.79x1.65x1.45x2.29x2.33x—
Equity ratio17.7%15.9%14.4%12.9%6.5%8.5%—
Interest coverage3.34x4.56x3.95x2.39x4.10x3.48x—
R&D as a share of sales0.2%—0.1%0.1%0.1%0.4%0.3%
Buybacks as a share of market value-19.8%0.0%0.0%0.0%0.0%0.0%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-15.0%11.8%5.0%
Operating income17.6%2.2%19.5%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin7.6%5.7%5.6%4.9%
Net margin1.5%2.5%2.5%2.1%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings-106.713.113.913.656.718.818.623.73.8-3.0
Price to sales0.60.50.50.40.60.80.70.40.30.3

Dividends and splits

Per share, in the currency the company pays

Paid for 8 years. Last went ex-dividend on 8 May 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year1.701.601.501.101.101.000.700.65

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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