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V

VZ Holding VZN.SW · CHF

Financials · SIX · 🇨🇭 Switzerland

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168.20

+0.84%

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, before interest expense

CHF 627.6m

FY2016FY2025

Net income

CHF 236.4m

FY2016FY2025

Total assets

CHF 8.27bn

FY2016FY2025

Shareholders' equity

CHF 1.18bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue, before interest expenseCHF 627.6mCHF 567.5mCHF 517.4mCHF 420.7mCHF 392.0mCHF 332.2mCHF 308.7mCHF 289.2mCHF 263.4mCHF 235.4m
Research and development——CHF 0CHF 0CHF 0CHF 0CHF 0———
Operating incomeCHF 274.2mCHF 263.6mCHF 325.7mCHF 243.1mCHF 229.8mCHF 136.9mCHF 169.4mCHF 122.4mCHF 106.3mCHF 100.4m
Net incomeCHF 236.4mCHF 218.2mCHF 186.9mCHF 151.1mCHF 142.6mCHF 117.3mCHF 102.2mCHF 98.1mCHF 86.8mCHF 84.1m
Diluted earnings per share5.865.514.743.853.612.992.602.482.182.10

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCHF 8.27bnCHF 7.49bnCHF 6.54bnCHF 5.95bnCHF 5.77bnCHF 4.97bnCHF 4.06bnCHF 3.09bnCHF 2.70bnCHF 2.43bn
Cash and short-term investmentsCHF 2.09bnCHF 1.91bnCHF 1.56bnCHF 1.46bnCHF 1.89bnCHF 1.75bnCHF 1.45bnCHF 1.00bnCHF 911.1mCHF 915.7m
Total liabilitiesCHF 7.09bnCHF 6.43bnCHF 5.61bnCHF 5.18bnCHF 5.07bnCHF 4.36bnCHF 3.51bnCHF 2.58bnCHF 2.24bnCHF 2.01bn
DebtCHF 720.3mCHF 755.0mCHF 553.4mCHF 538.4mCHF 1.04bnCHF 946.3mCHF 538.4mCHF 226.4mCHF 138.2mCHF 118.8m
Shareholders' equityCHF 1.18bnCHF 1.05bnCHF 919.1mCHF 763.1mCHF 695.6mCHF 616.3mCHF 549.5mCHF 512.0mCHF 459.3mCHF 419.9m
Shares outstanding40m40m39m39m40m39m39m40m40m40m

Latest quarters

By quarter end

Jun 2026Dec 2025Jun 2025Dec 2024Jun 2024Dec 2023Jun 2023Mar 2023
Revenue, before interest expenseCHF 342.5mCHF 321.9mCHF 305.7mCHF 276.3mCHF 291.2mCHF 271.2mCHF 248.5mCHF 98.6m
Operating incomeCHF 153.2mCHF 144.3mCHF 186.0mCHF 135.0mCHF 182.2mCHF 174.7mCHF 101.1mCHF 37.8m
Net incomeCHF 131.7mCHF 124.4mCHF 111.5mCHF 115.9mCHF 102.3mCHF 100.4mCHF 86.5mCHF 37.8m
Diluted earnings per share3.333.082.762.932.582.542.190.96
Total assetsCHF 8.76bnCHF 8.27bnCHF 8.05bnCHF 7.49bnCHF 7.04bnCHF 6.54bnCHF 6.22bnCHF 1.49bn
Cash and short-term investmentsCHF 2.10bnCHF 2.09bnCHF 2.27bnCHF 1.91bnCHF 1.93bnCHF 1.56bnCHF 1.51bnCHF 343.0m
DebtCHF 178.0mCHF 720.3mCHF 718.4mCHF 755.0mCHF 754.2mCHF 553.4mCHF 465.0m—
Shareholders' equityCHF 1.21bnCHF 1.18bnCHF 1.05bnCHF 1.05bnCHF 950.3mCHF 919.1mCHF 788.4mCHF 192.8m

Financial ratios

Data as of 13 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating margin43.8%50.7%47.6%41.9%42.7%41.2%—
Net margin37.7%38.5%36.1%35.9%36.4%35.3%—
Return on equity20.1%20.7%20.3%19.8%20.5%19.0%—
Return on assets2.9%2.9%2.9%2.5%2.5%2.4%—
Revenue growth10.6%9.7%23.0%7.3%18.0%7.6%—
Earnings growth8.3%16.7%23.7%6.0%21.6%14.8%—
Current ratio38.66x0.39x0.36x0.33x0.43x0.47x—
Debt to equity0.55x0.65x0.55x0.65x1.43x1.45x—
Equity ratio14.2%14.1%14.1%12.8%12.1%12.4%—
Interest coverage137.43x8.39x207.81x71.50x351.09x187.09x—
R&D as a share of sales——0.0%0.0%0.0%0.0%0.0%
Buybacks as a share of market value-1.9%-0.4%-0.5%0.7%-1.0%0.3%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue14.3%13.6%10.8%
Operating income4.1%14.9%10.5%
Net income16.1%15.1%10.9%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin45.0%51.9%51.6%49.6%
Net margin38.0%37.2%36.8%36.1%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings25.526.120.718.627.127.022.921.430.429.1
Price to sales9.610.17.56.79.99.57.67.310.010.4

Dividends and splits

Per share, in the currency the company pays

Paid for 18 years. Last went ex-dividend on 31 Mar 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year2.952.732.241.741.571.231.020.98
  • 5-for-1 split · 21 Apr 2020

Sources and methodology

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

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