GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
H

Holcim HOLN.SW · CHF

Materials · Construction Materials · SIX · 🇨🇭 Switzerland

Compare

74.68

+1.94%

Close of 9 Nov 2026, in CHF

Search any instrument

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

Popular Bitcoin Ethereum Nvidia Apple S&P 500 Gold EUR/USD US 10Y

At a glance

Figures in CHF, from our data supplier.

FY2025

Revenue

CHF 15.72bn

FY2016FY2025

Net income

CHF 387.0m

FY2016FY2025

Free cash flow

CHF 1.73bn

FY2016FY2025

Shareholders' equity

CHF 15.38bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCHF 15.72bnCHF 26.41bnCHF 27.01bnCHF 29.19bnCHF 26.83bnCHF 23.14bnCHF 26.72bnCHF 27.47bnCHF 26.13bnCHF 26.90bn
Gross profitCHF 6.66bnCHF 11.68bnCHF 11.50bnCHF 11.61bnCHF 11.54bnCHF 9.69bnCHF 11.28bnCHF 11.55bnCHF 7.78bnCHF 11.27bn
Research and development—CHF 225.0mCHF 224.0mCHF 229.0mCHF 237.0mCHF 171.0mCHF 83.0mCHF 98.0mCHF 96.0mCHF 141.0m
Operating incomeCHF 1.22bnCHF 4.64bnCHF 4.58bnCHF 3.65bnCHF 4.40bnCHF 3.37bnCHF 3.83bnCHF 3.31bn−CHF 478.0mCHF 2.84bn
Net incomeCHF 387.0mCHF 2.93bnCHF 3.06bnCHF 3.31bnCHF 2.30bnCHF 1.70bnCHF 2.25bnCHF 1.50bn−CHF 1.68bnCHF 1.79bn
Diluted earnings per share0.705.265.425.513.732.773.652.52-2.802.95

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCHF 33.60bnCHF 54.28bnCHF 52.69bnCHF 57.60bnCHF 59.88bnCHF 53.22bnCHF 58.31bnCHF 59.70bnCHF 63.68bnCHF 69.62bn
Cash and short-term investmentsCHF 5.44bnCHF 5.35bnCHF 6.09bnCHF 9.83bnCHF 6.69bnCHF 5.19bnCHF 4.15bnCHF 2.52bnCHF 4.22bnCHF 4.92bn
Total liabilitiesCHF 17.52bnCHF 26.33bnCHF 25.90bnCHF 27.99bnCHF 29.41bnCHF 24.60bnCHF 26.81bnCHF 29.64bnCHF 32.70bnCHF 34.87bn
DebtCHF 8.72bnCHF 12.92bnCHF 13.12bnCHF 14.91bnCHF 16.61bnCHF 13.76bnCHF 14.17bnCHF 15.99bnCHF 18.50bnCHF 19.61bn
Shareholders' equityCHF 15.38bnCHF 27.24bnCHF 26.00bnCHF 28.67bnCHF 27.68bnCHF 26.07bnCHF 28.57bnCHF 26.93bnCHF 27.79bnCHF 30.82bn
Shares outstanding553m557m564m600m616m612m615m596m598m608m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCHF 2.79bnCHF 5.67bnCHF 5.47bnCHF 4.56bnCHF 5.04bnCHF 4.62bnCHF 4.83bnCHF 2.99bnCHF 3.04bnCHF 3.29bn
Capital spending−CHF 1.06bn−CHF 1.65bn−CHF 1.50bn−CHF 1.55bn−CHF 1.53bn−CHF 1.11bn−CHF 1.53bn−CHF 1.41bn−CHF 1.52bn−CHF 1.77bn
Free cash flowCHF 1.73bnCHF 4.02bnCHF 3.96bnCHF 3.01bnCHF 3.51bnCHF 3.50bnCHF 3.29bnCHF 1.58bnCHF 1.52bnCHF 1.52bn
Dividends paid−CHF 1.71bn−CHF 1.57bn−CHF 1.41bn−CHF 1.33bn−CHF 1.22bn−CHF 1.22bn−CHF 322.0m−CHF 1.19bn−CHF 1.21bn−CHF 909.0m

Latest quarters

By quarter end

Jun 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024Jun 2024
RevenueCHF 7.92bnCHF 7.85bnCHF 3.93bnCHF 3.94bnCHF 3.94bnCHF 6.80bnCHF 6.80bnCHF 6.41bn
Gross profitCHF 3.38bnCHF 3.25bnCHF 1.63bnCHF 1.70bnCHF 1.70bnCHF 3.06bnCHF 3.06bnCHF 2.75bn
Operating incomeCHF 1.30bnCHF 1.26bnCHF 568.0mCHF 703.5mCHF 703.5mCHF 1.30bnCHF 1.30bnCHF 1.02bn
Net incomeCHF 913.0m−CHF 520.0m−CHF 266.0mCHF 6.86bnCHF 6.86bnCHF 854.0mCHF 854.0mCHF 609.0m
Diluted earnings per share1.64-0.94-0.4812.3912.391.531.531.09
Cash from operationsCHF 566.0mCHF 2.44bnCHF 1.22bnCHF 175.0mCHF 175.0mCHF 2.33bnCHF 2.33bnCHF 501.0m
Capital spending−CHF 570.0m−CHF 564.0m−CHF 282.0m−CHF 248.0m−CHF 248.0m−CHF 421.0m−CHF 421.0m−CHF 403.0m
Free cash flow−CHF 4.0mCHF 1.87bnCHF 936.0m−CHF 73.0m−CHF 73.0mCHF 1.91bnCHF 1.91bnCHF 98.0m
Total assetsCHF 36.27bnCHF 33.60bnCHF 33.60bnCHF 33.01bnCHF 33.01bnCHF 54.28bnCHF 54.28bnCHF 53.42bn
Cash and short-term investmentsCHF 3.60bnCHF 5.44bnCHF 5.44bnCHF 4.24bnCHF 4.24bnCHF 5.35bnCHF 5.35bnCHF 3.49bn
DebtCHF 2.43bnCHF 9.20bnCHF 1.38bnCHF 9.81bnCHF 735.0mCHF 13.82bnCHF 1.84bnCHF 14.40bn
Shareholders' equityCHF 15.80bnCHF 15.38bnCHF 15.38bnCHF 14.64bnCHF 14.64bnCHF 27.24bnCHF 27.24bnCHF 26.28bn

Financial ratios

Data as of 20 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin42.3%44.2%42.6%39.8%43.0%41.9%—
Operating margin7.7%17.6%16.9%12.5%16.4%14.6%—
Net margin2.5%11.1%11.3%11.3%8.6%7.3%—
Return on equity2.5%10.7%11.8%11.5%8.3%6.5%—
Return on assets1.2%5.4%5.8%5.7%3.8%3.2%—
Free cash flow yield10.3%19.4%18.2%15.0%15.7%13.8%—
Revenue growth-40.5%-2.2%-7.5%8.8%16.0%-13.4%—
Earnings growth-86.8%-4.4%-7.5%44.0%35.4%-24.4%—
Current ratio1.32x1.25x1.44x1.89x1.41x1.33x—
Debt to equity0.57x0.47x0.50x0.48x0.56x0.53x—
Equity ratio45.8%50.2%49.3%49.8%46.2%49.0%—
Interest coverage4.33x7.45x7.12x6.16x8.09x5.73x—
R&D as a share of sales—0.9%0.8%0.8%0.9%0.7%0.3%
Buybacks as a share of market value0.7%1.4%6.0%2.6%-0.7%0.5%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-18.6%-7.4%-4.0%
Operating income-30.6%-18.4%—
Net income-51.1%-25.6%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin43.5%42.1%42.3%40.0%
Operating margin13.9%14.3%14.7%11.0%
Net margin7.9%9.8%9.2%5.8%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings111.18.66.34.56.49.17.68.3-10.19.4
Price to sales2.70.90.70.50.60.70.60.50.70.6

Dividends and splits

Per share, in the currency the company pays

Paid for 16 years. Last went ex-dividend on 18 May 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year1.703.102.802.502.202.002.002.00
  • 21-for-20 split · 8 Sept 2015
  • 21-for-20 split · 12 May 2009
  • 5-to-1 reverse split · 10 Jun 2003
  • 5-to-1 reverse split · 23 May 2001
  • 10-to-1 reverse split · 16 Jul 1992

Sources and methodology

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

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.