Deutsche Börse AG

Deutsche Börse AG

DB1.DE
Deutsche Börse AGDE flagDeutsche Börse
259.70
EUR
+5.50
- -
47.29BMarket Cap
Deutsche Börse AG
DB1.DE
(Deutsche Börse)

Recent

price

259.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
10.84
12.42
11.73
11.93
12.95
13.35
14.14
14.86
16.79
18.01
20.26
23.77
28.46
33.08
38.21
40.31
39.34
Revenue per Share
2.12
4.6
3.44
2.6
4.14
3.6
6.81
4.68
4.46
5.47
5.89
6.59
8.14
9.35
10.6
10.9
10.81
Basic EPS, GAAP
4.36
3.61
3
3.26
2.95
-0.78
7.8
4.85
6.16
4.04
6.63
3.83
11.75
12.38
11.15
13.27
- -
Free Cash Flow per Basic Share
2.1
2.1
3.32
2.1
2.1
2.09
2.25
2.35
2.45
2.7
2.9
3
3.2
3.59
3.8
4.01
- -
Dividend per Share
11.65
12.47
11.38
11.98
14.33
13.79
18.33
20.47
21.47
26.8
29.86
34.7
38.85
43.85
49.58
56.77
51.16
Book Value per Share
1.55
-0.17
-0.05
0.59
1.23
-5.07
3.49
4.65
4.13
6.01
4.54
-2.29
2.45
-12.9
-7.52
-2.63
-6.66
Tangible Book Value per Share
186
186
187
184
184
185
187
187
185
183
183
184
184
184
184
183
184
Basic Weighted Avg Shares
2,016
2,308
2,197
2,196
2,385
2,470
2,641
2,776
3,104
3,303
3,717
4,363
5,225
6,096
7,023
7,381
7,228
Sales/Revenue/Turnover
28.6
49.67
44.3
32.93
38.79
37.85
40.39
42.16
39.58
43.76
42.52
38.09
41.33
41.63
40.61
40.35
40.64
Operating Margin (%)
584
91
105
119
125
144
135
160
210
226
264
294
356
418
496
501
502
Depreciation Expense
395
855
645
478
762
666
1,273
874
824
1,004
1,080
1,210
1,494
1,724
1,948
1,995
1,986
Net Income, GAAP
5.84
24.26
19.95
25.88
18.15
26.09
27.67
30.48
26.31
25.96
26.38
26
25.79
26.71
25.46
26.36
25.88
Effective Tax Rate (%)
19.6
37.05
29.35
21.78
31.96
26.94
48.18
31.49
26.56
30.39
29.05
27.72
28.6
28.28
27.74
27.03
27.48
Profit Margin (%)
211
29
-328
491
447
-106
1,354
1,100
2,158
3,014
2,991
903
2,486
2,879
3,486
3,931
3,378
Working Capital
1,455
1,458
1,160
1,522
1,428
2,546
2,285
1,688
2,283
2,627
2,995
3,460
4,534
7,480
6,748
5,534
- -
LT Debt
3,378
3,133
3,170
3,268
3,752
3,695
4,623
4,959
4,955
6,111
6,556
7,742
9,061
10,100
11,259
11,829
11,019
Total Equity
11.81
16.34
14.34
9.34
12.55
9.74
9.63
9.78
10.82
12.1
11.06
9.46
11
10.9
10.43
10.47
19.74
Return on Invested Capital (%)
10.98
22.3
16.41
11.89
16.94
12.18
20.52
13.41
12.34
13.47
11.69
10.1
11.31
11.44
10.91
10.61
20.1
Return on Capital (%)
18.07
38.14
28.99
22.06
31.47
25.64
42.61
24.13
21.15
22.6
20.78
20.42
22.14
22.66
22.66
20.45
22.31
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
2,835
- -
- -
LT Borrowings
6,255
- -
- -
LT Finance Leases
493
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
184
184
183
Market Capitalization
40,942
49,992
50,874

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
199,777
198,227
270,020
Cash, Cash Equivalents & STI
130,415
117,001
216,516
Accounts Receivable, Net
900
- -
2,079
Inventories
- -
- -
- -
Total Current Liabilities
196,291
194,527
266,641
Payables & Accruals
- -
- -
- -
ST Debt
2,835
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.6%
12.62%
5.06%
Free Cash Flow
-91.26%
35.82%
18.54%
Net Income, GAAP
14.99%
13.26%
2.41%
Sales/Revenue/Turnover
11.69%
14.82%
5.1%
Total Cash Common Dividend
6.65%
6.7%
5.16%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,716
1,746
1,704
1,857
7,023
2025
1,866
1,801
1,936
- -
7,381
2026
2,025
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.7
- -
2.42
- -
10.6
2025
2.86
- -
2.68
- -
10.9
2026
3.21
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.8
2025
- -
- -
- -
- -
4.01
2026
- -
- -
- -
- -
- -
Business
Deutsche Börse AG Deutsche Börse AG operates as an international exchange organization and market infrastructure provider, offering a comprehensive range of products and services across the financial market transaction chain, including trading, clearing, settlement, custody, market data, indices, and analytics; its core offerings encompass regulated markets for securities, derivatives, commodities, and currencies via platforms such as Xetra and Frankfurter Wertpapierbörse, index families like DAX, STOXX, and ISS solutions, software-as-a-service tools, real-time and historical market data, fund services through outsourcing for distribution and administration, and securities services for fixed-income instruments. The company, founded in 1992 and headquartered in Eschborn, Germany, maintains global operations with key locations in Europe (Germany, Luxembourg, Switzerland, Czech Republic, Spain), the United States, and Asia, serving investors, financial institutions, and corporations through subsidiaries like Clearstream for post-trade services and Crypto Finance for digital assets. In recent developments, Deutsche Börse AG completed the acquisition of FundsDLT in 2024 to enhance digitized fund distribution, integrated SimCorp following its €3.9 billion takeover in 2023 to bolster investment management software within the new Investment Management Solutions segment alongside Qontigo and ISS, expanded crypto offerings via its majority stake in Crypto Finance acquired in 2021 with subsequent global growth into Germany and Singapore, and announced plans under Horizon 2026 strategy for cloud adoption, digital securities via D7 platform, and extended trading hours starting December 2025 to support retail investors.