1. Switzerland Stocks

  2. •

    Utilities

  3. •

    Electric utilities
BKW AG

BKW AG

129.60
EUR
-0.10
(-0.08%)
7.80BMarket Cap
Mar 10Next 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
53.45
56.53
52.3
47.15
45.81
48.18
51.41
55.66
64.07
95.99
80.98
86.26
79.69
- -
Basic EPS, GAAP
-4.51
5.96
5.71
6.41
4.92
3.56
7.42
6.86
5.77
10.43
9.06
11.8
6.77
- -
Free Cash Flow per Basic Share
1.53
6.26
6.78
1.12
4.26
2.21
4.45
5.86
-4.37
8.93
6.63
5.44
5.52
- -
Dividend per Share
1.22
1.26
1.62
1.63
1.71
1.96
1.94
2.37
2.5
2.88
4.31
3.72
4.09
- -
Book Value per Share
48.11
50.28
51.05
54.39
60.61
60.66
65.59
70.05
74.24
77.05
87.44
98.78
103.59
104.43
Tangible Book Value per Share
44.7
46.57
44.46
45.2
48.64
46.49
46.39
50.65
53.46
51.23
62.97
74.15
78.23
78.12
Basic Weighted Avg Shares
48
48
48
49
51
52
53
53
53
53
53
53
53
53
Sales/Revenue/Turnover
2,567
2,733
2,534
2,293
2,342
2,526
2,711
2,936
3,380
5,065
4,274
4,549
4,201
- -
Operating Margin (%)
3.59
11.59
13.17
16.69
14.34
15.41
15.59
14.85
10.02
19.26
15.75
17.25
12.36
- -
Depreciation Expense
494
218
214
220
199
208
281
243
247
271
280
288
292
- -
Net Income, GAAP
-217
288
277
312
251
186
391
362
305
550
478
622
357
- -
Effective Tax Rate (%)
- -
12.63
- -
15.95
25.58
18.44
15.48
13.62
22.07
26.68
17.57
21.12
23.9
- -
Profit Margin (%)
-8.44
10.55
10.92
13.59
10.73
7.38
14.43
12.32
9.01
10.86
11.19
13.68
8.49
- -
Working Capital
1,171
1,549
1,448
1,311
1,059
696
751
840
248
681
617
1,014
1,047
1,144
LT Debt
211
221
229
267
1,632
1,410
1,710
1,694
1,490
2,082
1,861
1,888
1,876
- -
Total Equity
2,366
2,525
2,576
2,941
3,406
3,472
3,735
3,989
4,226
4,380
5,047
5,660
5,918
5,968
Return on Invested Capital (%)
- -
11.14
- -
10.41
6.59
6.45
6.75
7.21
5.01
11.47
7.21
7.6
4.83
- -
Return on Capital (%)
- -
15.18
- -
12.9
7.41
5.87
8.69
7.25
5.61
10.79
7.61
8.76
4.8
- -
Return on Common Equity (%)
-9.1
12.12
11.27
12.08
8.63
5.88
11.75
10.11
8
13.78
11.01
12.66
6.68
- -

Capital Structure

CHF

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
- -
273
- -
LT Borrowings
- -
1,355
- -
LT Finance Leases
- -
520
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
53
53
53
Market Capitalization
- -
8,881
7,203

Working Capital

CHF

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
2,603
2,846
2,615
Cash, Cash Equivalents & STI
796
1,052
816
Accounts Receivable, Net
876
838
924
Inventories
200
185
207
Total Current Liabilities
1,889
1,799
1,471
Payables & Accruals
- -
- -
- -
ST Debt
- -
273
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CHF

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.78%
8.3%
4.56%
Free Cash Flow
-21.77%
-104.31%
1.5%
Net Income, GAAP
10.9%
7.85%
-42.66%
Sales/Revenue/Turnover
6.43%
9.63%
-7.64%
Total Cash Common Dividend
11.72%
13.3%
9.78%

Semi-annual Revenue

CHF

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
4,549
2025
- -
- -
4,201
2026
- -
- -
- -

Semi-annual Earnings Per Share

CHF

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
11.8
2025
- -
- -
6.77
2026
- -
- -
- -

Semi-annual Dividends Per Share

CHF

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
3.72
2025
- -
- -
4.09
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Robert Itschner
Full Time Employees
12,390
Sector
Utilities
Industry
Electric utilities
Address
Viktoriaplatz 2 Bern BE Switzerland 3013
IPO Date
Dec 12, 2011
Website
bkw.ch
Similar Companies
Vistra Corp. (NYSE:VST)
Constellation Energy Corporation (NASDAQ:CEG)
NextEra Energy, Inc. (NYSE:NEE)
Adani Energy Solutions Ltd (NSE:ADANIENSOL)
NTPC Limited (NSE:NTPC)
Power Grid Corporation of India Limited (NSE:POWERGRID)
Business
BKW AG, an international energy and infrastructure company headquartered in Bern, Switzerland and founded in 1898, plans, builds and operates infrastructure to produce, supply and trade energy to businesses, households and the public sector primarily in Switzerland, Germany, Italy, France and other European markets. The company operates through three main segments: Energy Solutions, which builds, operates and maintains a portfolio of power plants including hydropower, wind, solar and other renewables, sells energy, trades in electricity, certificates and raw materials, and offers wind, solar and smart energy services; Power Grid, which builds, operates and maintains electricity distribution grids including approximately 25,000 km of lines in Switzerland; and Infrastructure and Buildings, which provides engineering planning and consulting for energy, infrastructure and environmental projects, integrated building technology solutions, and construction and maintenance services for energy, telecommunications, transport and water utility networks. Subsidiaries include Solstis SA for photovoltaic solutions, UMB for IT services, Aicher, De Martin, Zweng AG, Arnold AG, Antec Group AG, BKW ISP AG, Ingenieurgemeinschaft Bilek + Kirschner GmbH, Kraftwerks- und Anlagen Engineering GmbH, IWAG Ingenieure AG, Schmid Amrhein AG, Inag-Nievergelt AG and Enerpeak AG. Recent developments include the launch of the "Solutions 2030" strategy in late 2024 targeting CHF 4 billion in investments by 2030, an EBIT increase to CHF 1 billion and net-zero greenhouse gas emissions from energy operations by 2040, with half of investments in Switzerland focused on expanding renewable production, grid development and energy/mobility solutions; the acquisition of Südvolt GmbH in October 2025 to enter the German balancing energy market via storage and controllable assets; a ten-year power purchase agreement with Zelestra in January 2025 for two solar projects totaling 16 MWdc in Italy and a subsequent long-term tolling agreement in September 2025 for one of Europe's largest battery energy storage systems; enhancement of its syndicated loan facility to CHF 1.5 billion in November 2025; expansion of photovoltaic solutions through Solstis across Switzerland in April 2024; plans for a large-scale battery plant in Waltrop, Germany; integration of full-service IT provider UMB; and ongoing decommissioning of the Mühleberg nuclear power plant completed with fuel element removal in 2023. The Canton of Bern holds a majority stake of approximately 52.5%.