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R

Rational RAA.DE · EUR

Industrials · XETRA · 🇩🇪 Germany

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630.00

+1.04%

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

€1.26bn

FY2016FY2025

Net income

€253.8m

FY2016FY2025

Free cash flow

€230.2m

FY2016FY2025

Shareholders' equity

€940.8m

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue€1.26bn€1.19bn€1.13bn€1.02bn€779.7m€649.6m€843.6m€777.9m€702.1m€613.0m
Gross profit€743.4m€706.6m€638.6m€565.1m€429.3m€360.1m€497.6m€456.9m€426.4m€378.8m
Research and development€75.8m€66.0m€52.6m€44.8m€45.1m€41.7m€42.0m€38.1m€33.2m€28.8m
Operating income€332.1m€323.6m€281.5m€238.3m€159.5m€103.1m€225.9m€204.8m€192.7m€168.6m
Net income€253.8m€250.5m€215.8m€185.7m€123.7m€80.1m€171.6m€157.3m€143.0m€127.1m
Diluted earnings per share22.3322.0318.9816.3310.887.0415.0913.8412.5811.18

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets€1.19bn€1.11bn€989.0m€899.2m€783.8m€670.7m€698.7m€604.4m€570.7m€539.8m
Cash and short-term investments€539.4m€493.6m€402.7m€202.3m€246.4m€226.6m€278.1m€242.4m€197.1m€99.7m
Total liabilities€251.3m€249.3m€228.2m€223.0m€180.5m€135.7m€181.3m€148.9m€146.2m€142.8m
Debt€27.1m€29.8m€28.1m€19.0m€19.6m€22.8m€26.7m€11.9m€14.2m€27.8m
Shareholders' equity€940.8m€856.9m€760.8m€676.2m€603.3m€535.1m€517.4m€455.5m€424.5m€397.0m
Shares outstanding11m11m11m11m11m11m11m11m11m11m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations€263.9m€283.1m€258.3m€160.6m€171.7m€92.7m€198.6m€144.3m€145.9m€129.5m
Capital spending−€33.7m−€31.6m−€34.6m−€37.2m−€25.8m−€33.4m−€40.7m−€46.2m−€34.2m−€24.6m
Free cash flow€230.2m€251.4m€223.7m€123.4m€145.9m€59.3m€158.0m€98.2m€111.7m€104.9m
Dividends paid−€170.6m−€153.5m−€153.5m−€113.7m−€54.6m−€64.8m−€108.0m−€125.1m−€113.7m−€85.3m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue€323.9m€317.6m€341.3m€312.0m€310.9m€295.3m€318.0m€294.2m
Gross profit€200.4m€183.1m€204.3m€181.3m€183.1m€174.7m€190.6m€173.7m
Operating income€94.0m€74.4m€99.1m€80.9m€81.3m€72.1m€97.0m€78.3m
Net income€73.1m€59.2m€70.8m€62.8m€63.4m€56.9m€71.8m€61.6m
Diluted earnings per share6.435.216.225.535.575.006.325.42
Cash from operations€103.0m€29.0m€68.0m€109.0m€77.0m€1.0m€76.0m€83.0m
Capital spending−€9.0m−€6.0m−€16.0m−€7.0m−€6.0m−€2.0m−€9.0m−€5.0m
Free cash flow€94.0m€23.0m€52.0m€102.0m€71.0m−€1.0m€67.0m€78.0m
Total assets€1.09bn€1.23bn€1.19bn€1.11bn€1.03bn€1.12bn€1.11bn€1.02bn
Cash and short-term investments—€210.3m€539.4m€168.0m€402.5m€501.6m€493.6m€436.0m
Debt——€27.1m€16.2m€36.5m€18.5m€39.2m€17.8m
Shareholders' equity€845.7m€999.8m€940.8m€870.7m€807.7m€914.1m€856.9m€764.5m

Financial ratios

Data as of 8 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin59.0%59.2%56.7%55.3%55.1%55.4%
Operating margin26.4%27.4%25.3%23.3%20.5%15.9%
Net margin20.2%21.0%19.2%18.2%15.9%12.3%
Return on equity27.0%29.2%28.4%27.5%20.5%15.0%
Return on assets21.3%22.6%21.8%20.7%15.8%11.9%
Free cash flow yield4.6%4.9%4.5%3.1%3.1%2.0%
Revenue growth5.5%6.0%10.1%31.1%20.0%-23.0%
Earnings growth1.3%16.1%16.2%50.2%54.4%-53.3%
Current ratio4.48x3.99x3.78x3.46x3.87x4.48x
Debt to equity0.01x0.01x0.01x0.01x0.01x0.02x
Equity ratio78.9%77.5%76.9%75.2%77.0%79.8%
Interest coverage173.60x195.23x218.82x459.08x246.91x139.53x
R&D as a share of sales6.0%5.5%4.7%4.4%5.8%6.4%
Buybacks as a share of market value0.0%0.0%0.0%0.0%0.0%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue7.2%14.2%8.4%
Operating income11.7%26.4%7.5%
Net income11.0%25.9%7.6%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin59.1%57.7%57.1%58.2%
Operating margin26.7%25.5%23.8%25.1%
Net margin20.6%19.7%18.4%19.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings29.637.436.934.082.8108.147.535.942.737.9
Price to sales6.07.87.16.213.113.39.77.38.77.9

Dividends and splits

Per share, in the currency the company pays

Paid for 25 years. Last went ex-dividend on 30 Apr 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year20.0015.0013.5011.007.504.805.709.50

Sources and methodology

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

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