Deutsche Börse
€287.30Change from previous close: +0.21%Absolute change: +€0.60
At a glance
- Revenue growth
- +5.10%
- 2025 vs 2024
- Net income growth
- +2.41%
- 2025 vs 2024
- Net margin
- 27.0%
- 2024: 27.7%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 2,810 | 2,411 | 2,549 | 2,484 | 909 |
| Depreciation and amortization | 263 | 271 | 236 | 212 | 187 |
| Capital expenditure | -55.0 | -58.0 | -49.5 | -110 | -37.8 |
| Investing cash flow | 82.0 | -60.0 | -3,997 | -1,407 | -2,168 |
| Financing cash flow | -1,951 | -1,354 | 2,293 | -951 | 799 |
| Dividends paid | -734 | -698 | -662 | -588 | -551 |
| Share repurchases | -504 | -298 | 0.0 | — | — |
| Debt issued | 424 | 0.0 | 3,099 | 2,135 | 3,700 |
| Debt repaid | -1,097 | -316 | -252 | -2,473 | -2,319 |
| Effect of exchange rates | 25.0 | -29.0 | -1.7 | -37.8 | -6.3 |
| Net change in cash | 967 | 968 | 844 | 88.2 | -467 |
| Free cash flow | 2,755 | 2,353 | 2,500 | 2,374 | 871 |
| Levered free cash flow | 1,756 | 344 | 1,187 | 2,204 | 1,921 |