224.20
+0.99%
Close of 9 Nov 2026, in CHF
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in CHF, from our data supplier.
Revenue, before interest expense
CHF 10.25bn
FY2016FY2025
Net income
CHF 574.7m
FY2016FY2025
Total assets
CHF 146.46bn
FY2016FY2025
Shareholders' equity
CHF 13.48bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | CHF 10.25bn | CHF 11.22bn | CHF 9.23bn | CHF 10.14bn | CHF 12.31bn | CHF 10.43bn | CHF 10.72bn | CHF 9.06bn | CHF 9.66bn | CHF 9.32bn |
| Operating income | CHF 824.2m | CHF 631.8m | CHF 495.3m | CHF 671.2m | CHF 812.8m | CHF 433.0m | CHF 661.1m | CHF 456.4m | CHF 677.1m | CHF 469.8m |
| Net income | CHF 574.7m | CHF 481.8m | CHF 283.2m | CHF 438.8m | CHF 497.2m | CHF 264.8m | CHF 539.2m | CHF 432.6m | CHF 405.3m | CHF 376.6m |
| Diluted earnings per share | 10.74 | 9.11 | 5.36 | 8.29 | 9.41 | 5.02 | 10.90 | 9.26 | 8.69 | 8.14 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CHF 146.46bn | CHF 60.96bn | CHF 61.49bn | CHF 59.99bn | CHF 70.01bn | CHF 70.31bn | CHF 61.31bn | CHF 58.18bn | CHF 58.28bn | CHF 55.23bn |
| Cash and short-term investments | CHF 4.53bn | CHF 2.10bn | CHF 2.76bn | CHF 2.38bn | CHF 1.86bn | CHF 1.85bn | CHF 1.31bn | CHF 1.24bn | CHF 1.26bn | CHF 942.7m |
| Total liabilities | CHF 132.70bn | CHF 56.52bn | CHF 55.10bn | CHF 56.21bn | CHF 63.60bn | CHF 63.91bn | CHF 55.48bn | CHF 52.38bn | CHF 52.35bn | CHF 49.71bn |
| Debt | CHF 4.51bn | CHF 2.00bn | CHF 1.99bn | CHF 2.86bn | CHF 2.88bn | CHF 3.06bn | CHF 2.23bn | CHF 2.28bn | CHF 2.32bn | CHF 1.68bn |
| Shareholders' equity | CHF 13.48bn | CHF 4.14bn | CHF 3.81bn | CHF 3.46bn | CHF 5.93bn | CHF 5.91bn | CHF 5.83bn | CHF 5.78bn | CHF 5.91bn | CHF 5.50bn |
| Shares outstanding | 54m | 53m | 53m | 53m | 53m | 53m | 49m | 47m | 47m | 46m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | CHF 10.74bn | CHF 7.79bn | CHF 2.46bn | CHF 2.46bn | CHF 6.32bn | CHF 4.90bn | CHF 5.07bn | CHF 5.42bn |
| Operating income | CHF 166.5m | CHF 598.8m | CHF 225.4m | CHF 225.4m | CHF 235.8m | CHF 396.0m | CHF 54.6m | CHF 375.3m |
| Net income | CHF 68.6m | CHF 421.1m | CHF 153.6m | CHF 153.6m | CHF 238.7m | CHF 243.1m | CHF 35.8m | CHF 247.4m |
| Diluted earnings per share | 0.69 | 7.87 | 2.87 | 2.87 | 4.51 | 4.60 | 0.68 | 4.68 |
| Total assets | CHF 145.99bn | CHF 146.46bn | CHF 60.05bn | CHF 60.05bn | CHF 60.96bn | CHF 60.21bn | CHF 61.49bn | CHF 58.41bn |
| Cash and short-term investments | CHF 4.04bn | CHF 4.53bn | CHF 30.36bn | — | CHF 2.10bn | CHF 29.51bn | CHF 2.76bn | CHF 44.06bn |
| Debt | — | CHF 4.39bn | — | — | CHF 2.15bn | — | — | — |
| Shareholders' equity | CHF 12.24bn | CHF 13.48bn | CHF 3.96bn | CHF 3.96bn | CHF 4.14bn | CHF 3.83bn | CHF 3.34bn | CHF 3.37bn |
Financial ratios
Data as of 28 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2018 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 8.0% | 5.6% | 5.4% | 5.6% | 6.6% | 3.8% | — |
| Net margin | 5.6% | 4.3% | 3.1% | 4.3% | 4.0% | 2.5% | — |
| Return on equity | 4.3% | 11.7% | 7.4% | 12.7% | 8.4% | 4.5% | — |
| Return on assets | 0.4% | 0.8% | 0.5% | 0.7% | 0.7% | 0.4% | — |
| Revenue growth | -8.7% | 21.6% | -9.0% | -17.6% | 18.0% | -2.7% | — |
| Earnings growth | 19.3% | 70.1% | -35.5% | -11.7% | 87.8% | -50.9% | — |
| Current ratio | 0.05x | 2.44x | 0.79x | 2.05x | 0.62x | 0.56x | — |
| Debt to equity | 0.33x | 0.52x | 0.50x | 0.58x | 0.28x | — | 0.00x |
| Equity ratio | 9.2% | 6.8% | 6.2% | 5.8% | 8.5% | 8.4% | — |
| Interest coverage | 7.83x | 4.13x | 3.50x | 44.55x | 5.51x | 5.16x | — |
| Buybacks as a share of market value | -1.2% | -0.1% | 0.1% | -0.1% | -0.1% | -6.7% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 0.4% | -0.3% | 1.3% |
| Operating income | 7.1% | 13.7% | 6.8% |
| Net income | 9.4% | 16.8% | 6.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 6.8% | 6.4% | 6.1% | 5.9% |
| Net margin | 4.9% | 4.4% | 4.0% | 4.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 19.5 | 16.4 | 21.6 | 13.0 | 11.4 | 18.6 | 12.6 | 12.4 | 12.6 | 13.5 |
| Price to sales | 1.1 | 0.7 | 0.7 | 0.6 | 0.5 | 0.5 | 0.6 | 0.6 | 0.5 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 29 years. Last went ex-dividend on 27 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 7.70 | 6.70 | 6.30 | 5.90 | 5.50 | 5.00 | 5.00 | 4.80 |
- 5-for-1 split · 13 May 2019
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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