Deutsche Börse AG

Deutsche Börse AG

DBOEF
Deutsche Börse AGUS flagOther OTC
281.90
USD
+5.61
- -
51.34BMarket Cap
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
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
Basic EPS, GAAP
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
Free Cash Flow per Basic Share
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
- -
Dividend per Share
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
- -
Book Value per Share
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
Tangible Book Value per Share
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
Basic Weighted Avg Shares
184
184
185
187
187
185
183
183
184
184
184
184
183
184
Sales/Revenue/Turnover
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
Operating Margin (%)
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
Depreciation Expense
119
125
144
135
160
210
226
264
294
356
418
496
501
502
Net Income, GAAP
478
762
666
1,273
874
824
1,004
1,080
1,210
1,494
1,724
1,948
1,995
1,986
Effective Tax Rate (%)
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
Profit Margin (%)
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
Working Capital
491
447
-106
1,354
1,100
2,158
3,014
2,991
903
2,486
2,879
3,486
3,931
3,378
LT Debt
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
- -
Total Equity
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
Return on Invested Capital (%)
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 Capital (%)
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 Common Equity (%)
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

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
42,004
48,752
51,431

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
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Stephan Leithner
Full Time Employees
14,515
Sector
Financial Services
Industry
Financial - Data & Stock Exchanges
Address
The Cube Eschborn Germany 65760
IPO Date
Feb 13, 2009
Business
Deutsche Börse AG operates as an international exchange organization and market infrastructure provider, organizing trading in equities, exchange-traded funds, bonds, derivatives, commodities, interest-rate products and foreign exchange on platforms including Frankfurter Wertpapierbörse (FWB, Frankfurt Stock Exchange), Xetra electronic trading system, Eurex derivatives exchange and European Energy Exchange (EEX); it offers clearing via Eurex Clearing AG, European Commodity Clearing AG and Nodal Clear as central counterparties, settlement and custody through Clearstream, market data and analytics via Market Data + Services, indices through STOXX and Qontigo, investment management solutions including fund services and software such as SimCorp for asset managers and asset owners, as well as IT systems for trading, post-trade processing and data services. The company, founded in 1992 and headquartered at The Cube in Eschborn near Frankfurt, Germany, serves customers across Europe, the United States and Asia with locations in Germany, Luxembourg, Switzerland, Czech Republic, Spain, the United Kingdom, Ireland and representative offices in cities including London, New York, Chicago, Hong Kong, Singapore, Beijing and Dubai. Recent developments include the April 2023 acquisition of Danish investment management software firm SimCorp for €3.9 billion to bolster its Investment Management Solutions segment, strong 2024 financial performance with net revenue up 15% to €5,829 million and plans for a €500 million share buyback in 2025 alongside a proposed dividend increase to €4.00 per share, a multi-year €2.5 billion investment announced in April 2025 in cloud-based trading systems, cybersecurity and data analytics through 2027, and exclusive negotiations as of November 2025 to acquire Allfunds Group PLC for approximately €8.80 per share in cash and stock to consolidate fund services and create a pan-European investment fund ecosystem.

Company News

APIChat
  • Deutsche Börse AG (DBOEF) Shareholder/Analyst Call Transcript

  • Deutsche Börse AG (DBOEF) Q3 2025 Earnings Call Transcript