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S

Swatch Group UHR.SW · CHF

Consumer Discretionary · SIX · 🇨🇭 Switzerland

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184.10

+1.49%

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.

FY2025

Revenue

CHF 6.28bn

FY2016FY2025

Net income

CHF 3.0m

FY2016FY2025

Free cash flow

CHF 98.0m

FY2016FY2025

Shareholders' equity

CHF 11.56bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCHF 6.28bnCHF 6.74bnCHF 7.89bnCHF 7.50bnCHF 7.31bnCHF 5.59bnCHF 8.24bnCHF 8.47bnCHF 7.99bnCHF 7.55bn
Gross profitCHF 5.16bnCHF 5.60bnCHF 6.71bnCHF 6.19bnCHF 5.81bnCHF 4.25bnCHF 6.63bnCHF 6.88bnCHF 6.34bnCHF 5.99bn
Research and development—CHF 299.0mCHF 298.0mCHF 265.0mCHF 265.0mCHF 244.0mCHF 271.0mCHF 246.0mCHF 242.0mCHF 241.0m
Operating incomeCHF 135.0mCHF 4.5mCHF 191.0mCHF 1.16bnCHF 1.02bnCHF 52.0mCHF 1.02bnCHF 1.15bnCHF 1.00bnCHF 805.0m
Net incomeCHF 3.0mCHF 193.0mCHF 869.0mCHF 807.0mCHF 765.0m−CHF 51.0mCHF 730.0mCHF 845.0mCHF 733.0mCHF 574.0m
Diluted earnings per share0.063.7214.6115.5714.77-0.9914.1416.3514.189.49

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCHF 13.38bnCHF 13.99bnCHF 14.23bnCHF 13.89bnCHF 13.68bnCHF 12.90bnCHF 13.69bnCHF 13.66bnCHF 13.48bnCHF 13.11bn
Cash and short-term investmentsCHF 1.23bnCHF 1.40bnCHF 2.05bnCHF 2.54bnCHF 2.66bnCHF 1.79bnCHF 1.47bnCHF 1.24bnCHF 1.62bnCHF 1.46bn
Total liabilitiesCHF 1.72bnCHF 1.77bnCHF 1.97bnCHF 1.84bnCHF 2.07bnCHF 1.93bnCHF 2.20bnCHF 2.39bnCHF 2.19bnCHF 2.03bn
DebtCHF 38.0mCHF 13.0mCHF 75.0mCHF 8.0mCHF 99.0mCHF 91.0mCHF 121.0mCHF 224.0mCHF 37.0mCHF 144.0m
Shareholders' equityCHF 11.56bnCHF 12.11bnCHF 12.20bnCHF 11.98bnCHF 11.54bnCHF 10.90bnCHF 11.40bnCHF 11.19bnCHF 11.20bnCHF 10.99bn
Shares outstanding52m52m59m52m52m52m52m52m52m60m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCHF 507.0mCHF 333.0mCHF 615.0mCHF 724.0mCHF 1.30bnCHF 819.0mCHF 1.22bnCHF 943.0mCHF 1.26bnCHF 1.01bn
Capital spending−CHF 409.0m−CHF 549.0m−CHF 785.0m−CHF 387.0m−CHF 295.0m−CHF 249.0m−CHF 446.0m−CHF 437.0m−CHF 396.0m−CHF 504.0m
Free cash flowCHF 98.0m−CHF 216.0m−CHF 170.0mCHF 337.0mCHF 1.00bnCHF 570.0mCHF 778.0mCHF 506.0mCHF 868.0mCHF 506.0m
Dividends paid−CHF 234.0m−CHF 335.0m−CHF 311.0m−CHF 285.0m−CHF 181.0m−CHF 284.0m−CHF 413.0m−CHF 394.0m−CHF 357.0m−CHF 403.0m

Latest quarters

By quarter end

Jun 2026Dec 2025Jun 2025Dec 2024Jun 2024Dec 2023Jun 2023Dec 2022
RevenueCHF 3.12bnCHF 3.22bnCHF 3.06bnCHF 3.29bnCHF 3.44bnCHF 3.87bnCHF 4.02bnCHF 3.89bn
Gross profitCHF 1.14bnCHF 2.61bnCHF 2.55bnCHF 2.69bnCHF 2.92bnCHF 3.26bnCHF 3.45bnCHF 3.21bn
Operating incomeCHF 52.0mCHF 67.0mCHF 68.0m−CHF 199.5mCHF 204.0m−CHF 495.0mCHF 686.0mCHF 655.0m
Net incomeCHF 9.0m—CHF 3.0mCHF 57.0mCHF 136.0mCHF 383.0mCHF 485.0mCHF 496.0m
Diluted earnings per share0.17—0.061.102.626.448.159.57
Cash from operationsCHF 304.0mCHF 327.0mCHF 180.0mCHF 243.0mCHF 90.0mCHF 334.0mCHF 281.0mCHF 724.0m
Capital spending−CHF 151.0m−CHF 210.0m−CHF 199.0m−CHF 302.0m−CHF 247.0m−CHF 424.0m−CHF 371.0m−CHF 387.0m
Free cash flowCHF 153.0mCHF 117.0m−CHF 19.0m−CHF 59.0m−CHF 157.0m−CHF 90.0m−CHF 90.0mCHF 337.0m
Total assetsCHF 13.48bnCHF 13.38bnCHF 13.56bnCHF 13.99bnCHF 14.19bnCHF 14.23bnCHF 14.03bnCHF 13.89bn
Cash and short-term investmentsCHF 1.36bnCHF 1.23bnCHF 1.28bnCHF 1.40bnCHF 1.47bnCHF 2.06bnCHF 2.12bnCHF 2.54bn
DebtCHF 234.0mCHF 38.0mCHF 187.0mCHF 13.0mCHF 34.0mCHF 75.0mCHF 27.0mCHF 8.0m
Shareholders' equityCHF 11.39bnCHF 11.56bnCHF 11.59bnCHF 12.11bnCHF 12.11bnCHF 12.20bnCHF 12.00bnCHF 11.98bn

Financial ratios

Data as of 8 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin82.2%83.2%85.1%82.5%79.4%75.9%—
Operating margin2.6%4.5%15.1%15.5%14.0%0.9%—
Net margin0.0%2.9%11.0%10.8%10.5%-0.9%—
Return on equity0.0%1.6%7.1%6.7%6.6%-0.5%—
Return on assets0.0%1.4%6.1%5.8%5.6%-0.4%—
Free cash flow yield9.9%9.6%13.3%12.1%17.3%11.6%—
Revenue growth-6.8%-14.6%5.2%2.5%30.7%-32.1%—
Earnings growth-98.4%-77.8%7.7%5.5%-1600.0%-107.0%—
Current ratio9.76x9.79x8.61x9.23x7.34x7.62x—
Debt to equity0.00x0.00x0.01x0.00x0.01x0.01x—
Equity ratio86.4%86.6%85.7%86.3%84.4%84.5%—
Interest coverage40.50x43.71x170.14x165.57x113.56x7.43x—
R&D as a share of sales—4.4%3.8%3.5%3.6%4.4%3.3%
Buybacks as a share of market value-0.0%12.7%-14.7%-0.1%-0.0%-0.3%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-5.7%2.3%-2.9%
Operating income-51.1%21.0%-21.1%
Net income-84.5%—-44.5%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin82.7%83.3%81.6%80.8%
Operating margin1.1%5.2%6.2%9.7%
Net margin1.5%6.6%6.3%8.0%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings—44.415.716.918.9-245.219.117.528.033.4
Price to sales1.41.31.71.82.02.21.71.82.62.5

Dividends and splits

Per share, in the currency the company pays

Paid for 32 years. Last went ex-dividend on 15 May 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year4.504.506.506.005.503.505.508.00
  • 1-to-1 reverse split · 25 Aug 2005
  • 10-for-0.983533 split · 10 Aug 2001
  • 1-to-1 reverse split · 7 Dec 1998

Sources and methodology

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

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