Rheinmetall AG

Rheinmetall AG

RNMBF
Rheinmetall AGUS flagOther OTC
1,375.21
USD
-8.79
- -
64.00BMarket 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
116.45
122.69
132.97
131.47
137.76
143.14
145.26
125.2
130.73
147.83
165.31
177.64
- -
221.56
Basic EPS, GAAP
0.76
0.47
3.87
4.69
5.23
7.1
7.78
-0.63
6.72
10.93
12.32
16.51
- -
15.5
Free Cash Flow per Basic Share
0.53
-4.76
0.74
3.78
5.84
5.63
13.98
5
9.68
-4.04
7.95
22.75
- -
31.56
Dividend per Share
1.79
0.39
0.31
1.1
1.45
1.7
2.09
2.41
2.01
3.3
4.31
5.71
- -
- -
Book Value per Share
26.52
22.43
25.73
27.83
28.88
34.83
36.93
31.16
43.14
52.1
60.93
77.34
- -
80.75
Tangible Book Value per Share
12.26
9.16
18.86
22.58
25.49
33.78
34.18
30.97
42.84
52.33
36.05
38.27
- -
67.28
Basic Weighted Avg Shares
38
38
39
43
43
43
43
43
43
43
43
43
- -
45
Sales/Revenue/Turnover
4,417
4,688
5,183
5,602
5,896
6,148
6,255
5,405
5,658
6,410
7,176
7,715
9,935
9,935
Operating Margin (%)
3.69
2.28
6.06
6.77
6.02
7.29
7.71
8.07
10.85
11.76
11.9
17.23
17.13
17.11
Depreciation Expense
214
208
203
228
241
318
280
303
254
250
308
402
501
501
Net Income, GAAP
29
18
151
200
224
305
335
-27
291
474
535
717
696
695
Effective Tax Rate (%)
28.89
27.27
27.6
28.09
27.17
27.01
25.79
22.62
25.77
25.49
22.7
28.08
25.19
25.19
Profit Margin (%)
0.66
0.38
2.91
3.57
3.8
4.96
5.36
-0.5
5.14
7.39
7.46
9.29
7.01
7
Working Capital
578
752
1,037
648
1,148
1,201
1,441
1,451
1,641
1,513
1,633
1,449
1,830
1,830
LT Debt
538
759
759
220
572
704
880
873
707
518
1,503
1,871
1,155
1,155
Total Equity
1,339
1,197
1,562
1,781
1,870
2,173
2,271
2,053
2,621
3,090
3,643
4,464
5,615
5,615
Return on Invested Capital (%)
5.53
3.78
9.96
10.49
9.65
11.19
10.76
10.13
13.17
14.19
13.19
14.84
17.7
17.68
Return on Capital (%)
5.21
4.35
10.53
11.3
11.18
12.63
13.39
-0.88
9.88
13.3
13.59
12.8
11
11
Return on Common Equity (%)
2.73
1.93
16.24
18.27
18.5
22.33
21.71
-1.84
18.12
22.98
21.82
23.88
19.94
19.91

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
791
1,232
127
LT Borrowings
- -
- -
902
LT Finance Leases
- -
- -
253
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
45
46
46
Market Capitalization
78,643
88,278
69,985

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
8,375
9,276
10,901
Cash, Cash Equivalents & STI
352
557
1,691
Accounts Receivable, Net
1,821
2,041
1,907
Inventories
4,968
5,280
4,137
Total Current Liabilities
7,295
8,172
9,071
Payables & Accruals
- -
- -
- -
ST Debt
791
1,232
127
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.19%
22.36%
25.78%
Free Cash Flow
47.66%
-23.07%
43.22%
Net Income, GAAP
-108.85%
-214.19%
-2.93%
Sales/Revenue/Turnover
7.2%
13.24%
28.78%
Total Cash Common Dividend
54.04%
32.04%
48.79%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1,363
1,498
1,758
2,558
7,176
2024
1,581
2,234
2,453
3,483
7,715
2025
2,305
2,430
2,780
2,420
9,935

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1.29
1.34
2.36
- -
12.32
2024
1.11
1.43
3.11
- -
16.51
2025
1.92
2.9
3.34
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
4.31
2024
- -
- -
- -
- -
5.71
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Armin Theodor Papperger
Full Time Employees
29,515
Sector
Industrials
Industry
Aerospace & Defense
Address
Rheinmetall Platz 1 Düsseldorf Germany 40476
IPO Date
Sep 16, 2009
Business
Rheinmetall AG is a leading international technology group specializing in the manufacture and provision of systems and components for the defense and automotive industries. The company operates through five primary divisions: Vehicle Systems Europe, Vehicle Systems International, Weapon and Ammunition, Electronic Solutions, and Power Systems. Its main products and services include military land vehicles and related vehicle subsystems; weapons and ammunition systems; electronic defense solutions such as sensors, radar systems, air defense, cyberspace protection, drones, and automated ground robots; as well as automotive pumps, actuators, powertrain components, and subsystems for thermal and fluid management in mobility and industrial sectors. Rheinmetall also serves civilian markets with innovations in electrification and hydrogen technologies, including electric coolant pumps and hydrogen recirculation blowers for fuel cells. Headquartered in Düsseldorf, Germany, and founded in 1889, Rheinmetall operates globally with a significant presence in Europe, North America, Asia, and the Middle East. The company targets military customers worldwide, automotive manufacturers, and industrial clients. In recent developments, Rheinmetall has strategically expanded its footprint in the United States defense market by acquiring Loc Performance Products LLC, a vehicle specialist based in Plymouth, Michigan, for approximately $950 million. This acquisition, completed in December 2024, enhances Rheinmetall’s capacity to supply land vehicles to the US Department of Defense, supports participation in major US military vehicle programs including the XM30 infantry fighting vehicle prototype phase, and strengthens its industrial base and production capabilities in North America. Additionally, Rheinmetall continues to rollout new defense technologies, such as modular weapon stations, remote-controlled munitions, and advanced protection systems showcased at the 2024 Eurosatory defense exhibition. The company also opened Europe’s largest ammunition plant in Germany in 2025, with plans to scale artillery shell production significantly by 2027. Rheinmetall’s strategy integrates sustainability with an aim for CO2 neutrality by 2035, focusing on innovation across defense and civilian sectors while maintaining strong operational growth and industrial expansion globally. This description includes the core products and services, geographic reach, and latest major strategic developments including acquisitions and new technology launches as of 2024-2025.

Company News

APIChat
  • Rheinmetall sells civilian automotive division to Munich-based Aequita

  • Rheinmetall, Deutsche Telekom Push Drone Shield As Germany Hardens Infrastructure

  • 'Money alone does not build ships,' TKMS CEO says on rival Rheinmetall bid for GNYK

  • Polen International Growth Q1 2026 Portfolio Activity

  • Rheinmetall Slides As JPMorgan Cuts Target Nearly 30%

  • Rheinmetall eyes order for Germany's F126 frigates in Q2

  • Rheinmetall Posts Rise in Sales, Expects Higher Growth

  • Rheinmetall CEO flags stronger Q2 growth on naval, vehicle orders

  • Germany's Rheinmetall seeks 12 billion euros to rescue warship deal, says FT

  • Rheinmetall Rises 4.4% As Margin Strength Offsets Sales Miss

  • Rheinmetall shares down 1.8% in premarket trade after Q1 revenue misses expectations

  • Rheinmetall's quarterly revenue rises 7.7% to $2.27 billion

  • Rheinmetall wins multibillion-euro deal to supply German army drones

  • ITM Power soars on new Rheinmetall venture

  • Rheinmetall: A Multi-Combat System Provider At The Start Of A NATO Spending Super Cycle

  • German cartel office approves Rheinmetall subsidiary, OHB satellite joint venture

  • Rheinmetall and Destinus team up in new missile venture

  • THEON Signs Strategic Agreement with RHEINMETALL for the Development and Supply of the PHYLAX Stabilized Multi-Sensor System

  • Rheinmetall and Boeing Australia to Supply Combat Aircraft to German Military

  • These charts show the size of Europe's defense boom, as companies take stock of the Iran war