Wendel SE

Wendel SE

82.80
EUR
+0.90
(+1.10%)
3.12BMarket Cap
Feb 26Next 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
115.62
120.05
166.62
169.14
178.79
185.51
182.71
156.24
171.51
155.74
164.71
168.52
178.59
- -
Basic EPS, GAAP
7.06
0.42
-3.17
-8.06
4.41
1
8.98
-6.03
23.93
15.15
3.29
6.92
-3.58
- -
Free Cash Flow per Basic Share
12.77
12.21
15.77
22.11
17.78
20.08
25.8
26.94
26.84
28.25
27.28
32.68
35.03
- -
Dividend per Share
1.76
1.86
2.01
2.17
2.37
2.66
2.78
2.8
2.89
3
3.21
4.05
6.2
- -
Book Value per Share
54.08
53.52
64.78
49.46
47.48
47.72
55.36
45.73
59.62
64.22
61.81
75.89
82.94
81.41
Tangible Book Value per Share
-27.49
-32.42
-87.52
-79.97
-78.81
-68.12
-78.99
-72.51
-56.05
-65.65
-71.17
-69.1
-66.45
-87.94
Basic Weighted Avg Shares
47
46
46
46
45
45
45
44
44
43
43
42
42
42
Sales/Revenue/Turnover
5,462
5,579
7,694
7,701
8,111
8,425
8,132
6,838
7,504
6,747
7,132
7,157
7,581
- -
Operating Margin (%)
11.01
9.54
10.04
10.04
9.1
9.33
9.5
7.02
10.73
13.31
12.18
11.81
10.94
- -
Depreciation Expense
420
528
622
566
503
466
738
849
559
586
594
746
595
- -
Net Income, GAAP
334
20
-146
-367
200
45
400
-264
1,047
656
142
294
-152
- -
Effective Tax Rate (%)
27.05
- -
92.79
- -
50.03
61.49
65.64
- -
14.77
41.53
36.01
44.91
47.45
- -
Profit Margin (%)
6.11
0.35
-1.9
-4.76
2.47
0.54
4.92
-3.86
13.95
9.73
2
4.11
-2
- -
Working Capital
939
1,079
1,508
1,993
2,033
2,297
2,781
2,609
2,752
2,602
3,694
3,285
2,368
1,520
LT Debt
6,751
6,188
8,661
7,578
6,416
5,632
6,355
5,761
5,615
5,020
5,906
6,014
5,190
4,664
Total Equity
3,058
3,093
3,955
3,297
3,257
3,306
3,816
3,288
4,189
4,636
4,832
5,168
5,436
4,978
Return on Invested Capital (%)
3.81
- -
0.35
- -
3
2.48
2.31
- -
6.87
5.72
5.11
3.57
3.58
- -
Return on Capital (%)
1.66
- -
-2.67
- -
-0.99
-1.76
1.69
- -
7.35
2.9
-2.13
-2.3
-4.35
- -
Return on Common Equity (%)
12.81
0.78
-5.37
-14
9.05
2.1
17.44
-11.93
45.47
24.35
5.21
9.96
-4.51
- -

Capital Structure

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
564
1,469
983
LT Borrowings
5,609
4,730
4,238
LT Finance Leases
456
460
426
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
42
42
38
Market Capitalization
3,811
3,487
3,119

Working Capital

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
5,586
6,831
5,578
Cash, Cash Equivalents & STI
2,788
3,369
1,469
Accounts Receivable, Net
1,645
1,455
1,486
Inventories
169
42
58
Total Current Liabilities
3,097
4,463
4,058
Payables & Accruals
- -
- -
- -
ST Debt
564
1,469
983
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.97%
10.89%
5.18%
Free Cash Flow
8.5%
4.99%
7.15%
Net Income, GAAP
-12.2%
-131.45%
-151.65%
Sales/Revenue/Turnover
0.15%
2.33%
5.93%
Total Cash Common Dividend
11.9%
17.93%
53.2%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
7,157
2025
- -
- -
7,581
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
6.92
2025
- -
- -
-3.58
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
4.05
2025
- -
- -
6.2
2026
- -
- -
- -

Company Description

CEO
David Darmon
Full Time Employees
88,439
Sector
Finance
Industry
Financial conglomerates
Address
4 Rue Paul-Cezanne Paris IF France 75008
IPO Date
Jan 1, 2004
Business
Wendel SE (MF.PA) is a leading European listed investment firm that makes long-term equity investments as a majority or minority shareholder in listed and unlisted companies across diverse sectors including business services, technology services, healthcare, industrial technology, education technology, and energy transition; it manages a portfolio of leading companies such as Bureau Veritas, ACAMS, and Globeducate, while also offering private asset management services for third-party clients through its dual business model. Founded in 1704 and headquartered at 2 Rue Paul Cézanne in Paris, France, the firm operates internationally with offices in Paris, New York, and Luxembourg, targeting middle-market and later-stage opportunities via leveraged buyouts, acquisitions, and growth capital investments, with its Wendel Growth division focusing on innovative high-growth businesses both directly and through funds. Wendel maintains a robust balance sheet supported by permanent capital and a stable family shareholder base, having built nearly 50 years of private equity experience since 1977 with past investments including Capgemini, Legrand, and Allied Universal. In recent developments, Wendel completed the acquisition of approximately 50% of Globeducate, a leading international K-12 education group, in 2024; announced exclusive negotiations in October 2025 with Committed Advisors to form a strategic partnership, including acquiring 56% of its shares and committing up to €500 million as an anchor investor; finalized the acquisition of a controlling stake in Monroe Capital LLC in March 2025 as a transformational step in its strategic roadmap; and reported Q3 2025 net asset value per share at €163.0 while managing its exchangeable bond maturing in 2026 through accelerated placements and share buybacks.

Company News

  • Wendel (WNDLF) Q2 2026 Earnings Call Transcript

  • WENDEL: Cyril Marie appointed to Wendel's Executive Board

  • WENDEL: Nabil Bennis Appointed Head of Valuation and Investment Strategy Performance Monitoring at Wendel

  • Wendel (WNDLF) Shareholder/Analyst Call Transcript

  • Wendel (WNDLF) Q1 2026 Sales/Trading Call Transcript

  • WENDEL: Q1 2026 Trading update

  • WENDEL: Wendel completes the acquisition of a controlling stake in Committed Advisors, adding expertise in secondary markets to its third-party asset management business

  • Short Interest in Wendel (OTCMKTS:WNDLF) Grows By 29.5%

  • WENDEL: Shareholders' Meeting set for May 21, 2026

  • WENDEL: Wendel Appoints Harper Mates  as CEO of Wendel North America

  • WENDEL: Availability of the 2025 Universal Registration Document

  • Wendel (OTCMKTS:WNDLF) Short Interest Update

  • WENDEL: Share buybacks and liquidity agreement suspension

  • Wendel (WNDLF) Q4 2025 Earnings Call Transcript

  • WENDEL: 2025 Full-Year Results

  • WENDEL: Wendel supports MTN's offer to acquire IHS Towers pursuant to which it will receive full liquidity on its 19% stake, representing net proceeds of approximately $535m

  • WENDEL: Agreement to sell Stahl, the global leader in specialty coatings for flexible materials, to Henkel

  • WENDEL: Statement

  • Wendel (WNDLF) Analyst/Investor Day Transcript

  • WENDEL: Wendel Investor Day