Rheinmetall
€956.90Change from previous close: +1.17%Absolute change: +€11.10
At a glance
- Revenue growth
- +28.78%
- 2025 vs 2024
- Net income growth
- −2.93%
- 2025 vs 2024
- Net margin
- 7.0%
- 2024: 9.3%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -155 | 77.0 | -712 | 420 | 302 | 297 | -106 | -3.0 | -153 | -70.0 | 46.0 | -131 |
| Depreciation and amortization | 123 | 116 | 130 | 112 | 96.0 | 90.0 | 91.0 | 81.0 | 63.0 | 63.0 | 63.0 | 62.0 |
| Capital expenditure | -150 | -246 | -199 | -153 | -184 | -127 | -105 | -100 | -78.0 | -56.0 | -91.0 | -55.0 |
| Investing cash flow | -1,138 | -280 | -200 | -145 | -165 | -174 | -98.0 | -1,120 | -83.0 | -11.0 | -93.0 | -53.0 |
| Financing cash flow | 959 | 406 | 196 | -371 | -209 | -108 | -133 | 154 | 12.0 | 1,109 | 7.0 | 32.0 |
| Dividends paid | — | 0.0 | -369 | — | 0.0 | -248 | — | — | -187 | — | — | -143 |
| Debt issued | 990 | 256 | 629 | 90.0 | -66.0 | 269 | 94.0 | 425 | 229 | 1,052 | 54.0 | 238 |
| Debt repaid | -45.0 | 182 | -50.0 | -494 | -122 | -120 | -227 | -270 | -27.0 | -49.0 | -47.0 | -58.0 |
| Effect of exchange rates | 4.0 | 3.0 | -15.0 | -6.0 | -3.0 | 1.0 | -2.0 | 1.0 | -6.0 | -3.0 | 1.0 | 1.0 |
| Net change in cash | -330 | 204 | -730 | -102 | -74.0 | 15.0 | -339 | -968 | -230 | 1,025 | -39.0 | -151 |
| Free cash flow | -305 | -169 | -911 | 267 | 118 | 170 | -211 | -103 | -231 | -126 | -45.0 | -186 |
| Levered free cash flow | 55.9 | -196 | -874 | 204 | 94.8 | 134 | -250 | -51.5 | -267 | -105 | -93.4 | -201 |