ENBW Energie Baden-Wuerttemberg AG

ENBW Energie Baden-Wuerttemberg AG

68.00
EUR
0.00
(0.00%)
0.90EPS
22.32BMarket 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
73.9
75.54
76.13
69.67
79.04
74.87
69.91
70.84
115.63
201.44
159.81
124.18
116.42
111.81
Basic EPS, GAAP
0.18
-1.68
0.57
-6.46
7.39
1.2
2.64
2.14
1.31
6.25
5.53
4.47
-0.7
-1.39
Free Cash Flow per Basic Share
3.09
0.26
1.81
-2.57
-11.21
-1.95
-4.99
4.17
27.33
6.49
3.24
9.77
15.33
11.61
Dividend per Share
1.12
0.94
0.97
0.81
0.3
1.13
1.14
1.4
1.28
1.44
1.5
2.29
1.91
2.09
Book Value per Share
17.28
12.37
11.76
4.74
12.76
14.31
14.2
14.06
16.72
32.24
33.48
36.81
39.77
39.07
Tangible Book Value per Share
10.65
5.96
5.48
-1.15
5.9
8.02
2.16
1.47
4.43
20.66
22.09
25.5
30.94
30.35
Basic Weighted Avg Shares
278
278
278
278
278
278
278
278
278
278
278
278
295
322
Sales/Revenue/Turnover
20,545
21,003
21,167
19,368
21,974
20,815
19,436
19,694
32,148
56,003
44,431
34,524
34,390
36,024
Operating Margin (%)
4.15
-2.43
1.26
-8.64
9.54
3.51
1.46
6.03
1.88
0.46
5.45
7.57
3.08
1.82
Depreciation Expense
978
2,139
1,643
2,395
1,252
1,215
1,649
1,561
2,645
2,332
2,397
2,311
2,476
2,363
Net Income, GAAP
51
-466
158
-1,797
2,054
334
734
596
363
1,738
1,538
1,244
-207
-447
Effective Tax Rate (%)
28.35
- -
14.59
- -
23.85
21.58
- -
19.45
14.05
23.02
35.49
32.22
46.34
49.01
Profit Margin (%)
0.25
-2.22
0.75
-9.28
9.35
1.61
3.78
3.03
1.13
3.1
3.46
3.6
-0.6
-1.24
Working Capital
1,662
1,310
3,327
-30
1,016
1,564
561
931
1,798
3,850
7,054
7,520
7,107
6,292
LT Debt
5,547
7,187
6,810
6,720
5,423
5,838
7,555
8,193
9,227
11,465
14,559
17,579
18,360
- -
Total Equity
6,021
4,546
5,123
3,216
5,863
6,273
7,445
7,769
8,499
12,769
15,853
17,768
21,676
21,820
Return on Invested Capital (%)
4.96
- -
2.47
- -
16.17
4.64
- -
5.84
2.65
7.09
7.36
5.17
-0.07
-1.18
Return on Capital (%)
7.37
- -
8.03
- -
19.2
4.37
- -
4.26
3.05
8.61
6.23
3.84
-1.03
-4.06
Return on Common Equity (%)
1.03
-11.3
4.72
-78.37
84.44
8.88
18.53
15.18
8.49
25.54
16.83
12.73
-1.79
-3.92

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,319
- -
- -
LT Borrowings
17,147
- -
- -
LT Finance Leases
1,213
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
324
324
324
Market Capitalization
21,800
22,579
22,319

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
20,557
24,143
19,834
Cash, Cash Equivalents & STI
9,321
10,721
7,929
Accounts Receivable, Net
4,318
4,568
4,405
Inventories
2,400
2,289
2,796
Total Current Liabilities
13,450
15,818
13,542
Payables & Accruals
- -
- -
- -
ST Debt
2,319
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.3%
23.57%
21.99%
Free Cash Flow
68.09%
139.64%
66.75%
Net Income, GAAP
-124.1%
38.44%
-116.63%
Sales/Revenue/Turnover
8.85%
18.82%
-0.39%
Total Cash Common Dividend
26.42%
9.9%
-11.39%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,231
8,484
7,504
7,753
34,524
2025
9,954
7,545
8,332
8,560
34,390
2026
9,746
9,387
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.89
1.95
0.84
-1.21
4.47
2025
1.99
-0.33
0.4
-2.45
-0.7
2026
0.29
0.39
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.39
1.7
0.19
0.01
2.29
2025
0.16
1.62
0.19
0.03
1.91
2026
0.11
1.75
- -
- -
- -

Company Description

CEO
Georgios Nikolaos Stamatelopoulos
Full Time Employees
31,541
Sector
Utilities
Industry
Electric utilities
Address
Durlacher Allee 93 Karlsruhe BW Germany 76131
IPO Date
Oct 30, 1997
Website
enbw.com
Business
EnBW Energie Baden-Württemberg AG operates as a leading integrated energy company headquartered in Karlsruhe, Germany, primarily engaged in the generation, transmission, distribution, and sale of electricity, gas, water, and heating services. The company offers a comprehensive portfolio that includes renewable energy generation from wind and solar power; conventional thermal power plants; electricity and gas supply to residential, commercial, and industrial customers; smart metering solutions; and Germany's largest fast-charging network for electric vehicles under its electromobility segment. EnBW also invests in and manages critical infrastructure such as electricity and gas grids through its subsidiary TransnetBW, focusing on expanding and modernizing infrastructure to support the energy transition and decentralized renewable integration. Founded in 1997, EnBW operates primarily in Germany with expanding renewable energy projects and grid operations across Europe. In the last 1-2 years, EnBW has executed a strategic transformation centered on accelerating renewable energy investments and grid modernization, committing over €6 billion in 2024 alone towards expanding its renewable generation capacity and grid infrastructure. The company surpassed its 2025 target early by achieving nearly 59% renewable energy of its total installed generation capacity by 2024. Significant developments include commissioning new solar parks, expanding offshore wind projects in the UK in partnership with BP, and launching power purchase agreements with major corporate clients like DHL. EnBW continues its coal phase-out ahead of the national schedule, reducing coal-fired capacity significantly and driving towards climate neutrality by 2035. The company also achieved break-even in its e-mobility business in 2024, scaling its fast-charging network to over 6,000 points across Germany. EnBW is exploring capital increases to fund further investments, with a robust focus on sustainable generation, smart infrastructure, and system-critical grids to support future energy demands and the transition to a low-carbon economy.