HENSOLDT AG

HENSOLDT AG

83.76
EUR
-2.22
(-2.58%)
1.01EPS
66.12P/E
7.88BMarket Cap
Nov 05Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
10.63
13.94
14.04
16.27
17.42
19.32
21.16
23.01
Basic EPS, GAAP
0.06
-0.75
0.6
0.74
0.53
0.93
0.77
1.03
Free Cash Flow per Basic Share
0.03
1.15
1.88
1.42
1.43
0.97
2.1
2.64
Dividend per Share
- -
- -
0.13
0.25
0.3
0.4
0.5
- -
Book Value per Share
1.34
3.18
3.87
5.75
7.12
7.55
8.58
8.38
Tangible Book Value per Share
-8.56
-6.57
-6.07
-4.17
-2.04
-7.88
-7.17
-8.42
Basic Weighted Avg Shares
105
87
105
105
106
116
116
116
Sales/Revenue/Turnover
1,114
1,207
1,474
1,708
1,846
2,241
2,454
2,676
Operating Margin (%)
5.65
5.89
7.94
9.37
8.72
8.26
9.09
9.27
Depreciation Expense
130
121
126
103
117
162
181
185
Net Income, GAAP
6
-65
63
78
56
108
89
120
Effective Tax Rate (%)
76.97
- -
25.88
37.69
38.3
10.26
32.28
36.76
Profit Margin (%)
0.53
-5.4
4.27
4.57
3.03
4.82
3.63
4.48
Working Capital
280
291
374
441
685
524
531
262
LT Debt
1,035
742
761
759
812
1,328
1,579
1,626
Total Equity
155
347
417
617
838
886
1,002
978
Return on Invested Capital (%)
- -
- -
5.97
6.94
6.1
8.01
5.9
6.14
Return on Capital (%)
- -
- -
6.66
7.48
6.75
10.11
6.65
7.5
Return on Common Equity (%)
- -
-27.45
17.03
15.45
7.85
12.75
9.55
13.3

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
55
55
64
LT Borrowings
1,163
1,165
1,169
LT Finance Leases
416
433
457
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
116
116
116
Market Capitalization
8,455
8,657
7,879

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,865
2,928
2,855
Cash, Cash Equivalents & STI
934
845
592
Accounts Receivable, Net
436
447
494
Inventories
878
999
1,073
Total Current Liabilities
2,334
2,455
2,593
Payables & Accruals
- -
- -
- -
ST Debt
55
55
64
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
24.57%
13.09%
Free Cash Flow
- -
33.43%
117.86%
Net Income, GAAP
- -
-25.15%
-17.59%
Sales/Revenue/Turnover
- -
15.4%
9.5%
Total Cash Common Dividend
- -
- -
26.09%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
329
521
527
864
2,241
2025
395
550
591
918
2,454
2026
496
671
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.12
-0.09
-0.18
1.33
0.93
2025
-0.26
-0.1
0.1
1.03
0.77
2026
-0.16
0.07
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.4
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
- -

Company Description

CEO
Oliver Dörre
Full Time Employees
9,362
Sector
Electronic technology
Industry
Aerospace & defense
Address
Willy-Messerschmitt-Strasse 3 Taufkirchen BV Germany 82024
IPO Date
Sep 25, 2020
Business
Hensoldt AG Hensoldt AG is a leading German provider of sensor solutions for defense and security applications. The company develops and manufactures radar systems including mobile and stationary radars, identification friend-or-foe systems, TRML-3D/4D air defense sensors, TRS-3D/4D naval radars, and TwInvis passive radar; optronics products such as daylight cameras, thermal imagers, image intensifiers, laser rangefinders, night vision attachments, and targeting optics for platforms like the Puma infantry fighting vehicle, Leopard tanks, and various submarines and aircraft; avionics including the Sferion Pilot Assistance system, situational awareness systems, mission computers, and flight data recorders; and electronic warfare solutions like the Kalaetron family, MUSS self-protection systems, and signals intelligence equipment. Hensoldt AG operates through divisions focused on sensor technologies and multi-domain solutions, providing integrated systems for surveillance, reconnaissance, air traffic control, protection, and situational awareness to military and civilian customers worldwide; its operations span Europe, North America, South Africa, Australia, India, and other regions with key sites in Germany, the UK, France, and beyond. Tracing its roots to an optical workshop founded in 1852 by Moritz Carl Hensoldt and headquartered in Taufkirchen near Munich, the company maintains subsidiaries such as Hensoldt Sensors GmbH, Hensoldt Optronics GmbH, and Hensoldt UK Ltd. Recent developments include the acquisition of ESG Elektroniksystem- und Logistik-GmbH in 2023 for 675 million euros to expand system integration capabilities; a strategic partnership with Quantum Systems announced in 2025 to advance software-defined defense innovations; a high three-digit million-euro order in November 2025 from General Dynamics European Land Systems for sensor technology and the CERETRON mission system on the German Armed Forces' new Luchs 2 reconnaissance vehicle; and a renewed in-service support contract through 2028 for the COBRA artillery radar under a Franco-German agreement.

Company News

  • Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Sees Large Increase in Short Interest

  • Hensoldt (OTCMKTS:HAGHY) Shares Gap Up – Here’s Why

  • Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Shares Shorted: Short Interest Down 77.4% in September

  • Hensoldt: Strong Buy As Defense Growth Accelerates

  • HENSOLDT AG ADR (HAGHY) Q2 2026 Earnings Call Transcript

  • Hensoldt backs 2026 targets as order intake doubles, backlog tops 10 bln euros

  • Netherlands taps Hensoldt for electronic warfare system upgrade

  • Hensoldt: One Of Europe's Most Underappreciated Defense Growth Stocks

  • Germany's Hensoldt reports higher first quarter revenue

  • Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

  • Hensoldt: Why This Defense Selloff Could Be A Big Mistake

  • Hensoldt Moves to Hire Departing Aumovio Engineers Amid Defense Production Push

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

  • HENSOLDT AG ADR (HAGHY) Q4 2025 Earnings Call Transcript

  • Hensoldt reports revenue miss but defense boom supports backlog

  • Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Receives Consensus Rating of “Moderate Buy” from Brokerages

  • Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Receives Consensus Rating of “Moderate Buy” from Brokerages

  • Hensoldt: Why The Market Is Too Focused On 2026 And Not 2030

  • Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

  • Hensoldt (OTC:HNSDF) Shares Up 7.7% – Still a Buy?