Aurubis AG

Aurubis AG

127.15
CHF
-23.70
(-15.71%)
21.02EPS
7.98P/E
7.34BMarket Cap
Dec 02Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
274.63
250.04
244.57
210.75
219.76
231.86
264.63
278.77
373.22
424.21
390.84
392.54
416.23
507.99
Basic EPS, GAAP
-3.41
0.95
2.95
2.71
7.8
6.46
4.28
5.95
14.03
16.37
3.23
9.53
12.35
22.8
Free Cash Flow per Basic Share
-6.04
6.07
5.63
2.13
7
0.76
1.12
5.14
12.81
-1.19
-1.2
-7.1
-1.86
-5.79
Dividend per Share
1.37
1.12
1.03
1.37
1.28
1.48
1.55
1.26
1.3
1.6
1.8
1.4
1.51
0.02
Book Value per Share
43.32
41.7
43.73
44.23
52.55
57.07
57.77
64.81
78.84
97.52
97.21
104.33
114.82
135.41
Tangible Book Value per Share
41.44
39.85
41.86
42.34
49.63
54.33
55.03
60.9
75.21
94.23
93.93
101.17
111.84
135.41
Basic Weighted Avg Shares
45
45
45
45
45
45
45
45
44
44
44
44
44
44
Sales/Revenue/Turnover
12,346
11,241
10,995
9,475
9,880
10,424
11,897
12,429
16,300
18,521
17,064
17,138
18,172
22,190
Operating Margin (%)
-1.54
0.78
1.81
1.87
4.29
3.2
2.26
3.16
5
4.95
0.7
2.85
3.79
5.76
Depreciation Expense
144
131
136
135
135
125
134
210
213
220
219
212
233
263
Net Income, GAAP
-153
43
132
122
351
290
193
265
613
715
141
416
539
996
Effective Tax Rate (%)
- -
23.37
21.17
22.22
22.06
18.49
26.92
27.76
25.73
23.55
14.41
20.46
25.86
25.75
Profit Margin (%)
-1.24
0.38
1.2
1.29
3.55
2.78
1.62
2.13
3.76
3.86
0.83
2.43
2.97
4.49
Working Capital
1,371
1,214
1,479
1,399
1,695
1,904
1,738
2,113
2,668
2,984
2,740
2,532
2,870
3,788
LT Debt
420
277
481
337
340
281
150
556
444
209
204
235
483
- -
Total Equity
1,951
1,878
1,969
1,991
2,366
2,566
2,598
2,851
3,443
4,258
4,245
4,556
5,014
5,914
Return on Invested Capital (%)
- -
2.82
6.48
5.49
12.62
9.64
6.91
8.5
16.39
16.32
3
8.67
10.26
18.01
Return on Capital (%)
- -
2.9
6.51
5.7
13.96
10.79
7.17
8.8
16.8
16.9
3.54
9.41
10.6
18.61
Return on Common Equity (%)
-7.54
2.23
6.9
6.16
16.13
11.78
7.46
9.74
19.48
18.56
3.32
9.46
11.27
18.28

Capital Structure

EUR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
ST Debt
- -
60
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
44
44
44
Market Capitalization
4,929
6,579
7,949

Working Capital

EUR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
Total Current Assets
6,191
6,905
7,081
Cash, Cash Equivalents & STI
211
522
53
Accounts Receivable, Net
1,140
788
1,211
Inventories
4,840
5,453
5,817
Total Current Liabilities
2,937
3,221
3,293
Payables & Accruals
- -
- -
- -
ST Debt
- -
60
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.09%
12.3%
10.05%
Free Cash Flow
93.48%
90.93%
-73.87%
Net Income, GAAP
45.89%
58.43%
29.57%
Sales/Revenue/Turnover
5.79%
8.67%
6.03%
Total Cash Common Dividend
4.93%
4.41%
8.2%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,934
4,384
4,699
4,121
17,138
2025
4,269
5,004
4,616
4,283
18,172
2026
5,344
6,081
6,482
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.33
1.88
3.59
2.73
9.53
2025
5.87
3.73
1.79
0.96
12.35
2026
7.36
10.97
3.5
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.4
2025
- -
- -
- -
0.02
1.51
2026
- -
- -
- -
- -
- -

Company Description

CEO
Toralf Haag
Full Time Employees
7,190
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
Hovestrasse 50 Hamburg HA Germany 20539
IPO Date
Feb 25, 2008
Business
Aurubis AG operates within the fundamental materials sector, specializing in the conversion of intricate metal concentrates and various recycling streams into high-purity metals. The company is recognized for its extensive capabilities in processing copper scrap, metal-bearing organic and inorganic raw materials, and industrial by-products. Its comprehensive product range includes copper cathodes, continuous cast wire rods, specialized wires, as well as cast shapes, profiles, and flat rolled products fashioned from copper and its alloys. Beyond its core copper offerings, Aurubis also refines and provides a diverse portfolio of other metals such as gold, silver, lead, nickel, tin, zinc, selenium, tellurium, and platinum group metals. The production process additionally yields valuable industrial by-products like sulfuric acid, iron silicate, and synthetic minerals. The company employs an integrated business model, serving industrial clients across electrical engineering, construction, and automotive industries, alongside chemical and fertilizer sectors. Its revenue model is robust, drawing from the sale of its metal products, dedicated recycling services, and the commercialization of its by-products, often secured through long-term customer agreements. Aurubis emphasizes sustainability, leveraging its advanced recycling facilities, including its significant operations in Lünen, to contribute substantially to the circular economy. The company continues to expand its global footprint, notably with the September 2025 commencement of its multimetal recycling plant in Richmond, Georgia, USA, a substantial investment aimed at enhancing its strategic metal production in North America, including copper, nickel, tin, and precious metals. This expansion is supported by strategic financing, such as a EUR200 million investment loan from the European Investment Bank. Further strategic initiatives in late 2025 include the unveiling of its "Performance 2030" strategy, focusing on profitability and value generation from its recent investments, and securing raw material supply through agreements for copper concentrate. With production sites spanning Belgium, Bulgaria, Germany, Italy, Finland, Spain, and the United States, alongside an expansive service and distribution network across Europe, Asia, and North America, Aurubis maintains a prominent position as a global leader in non-ferrous metals and one of the world's largest copper recyclers. The company, initially established as Norddeutsche Affinerie AG in 1866, adopted the Aurubis AG name in April 2009 and is headquartered in Hamburg, Germany.

Company News

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  • Aurubis AG (AIAGF) Q3 2023 Earnings Call Transcript

  • Aurubis: German Upside In Metals And Fundamentals

  • Anglo American, Aurubis collaborate on sustainable copper value chain