Income Statement Maschinenfabrik Berthold Hermle AG

Stocks

MBH3

DE0006052830

Industrial Machinery & Equipment

Market Closed - Deutsche Boerse AG 02:03:35 2026-09-25 EDT			5-day change	1st Jan Change
183.50 ^EUR	0.00%		-1.87%	+22.74%

08-31	Maschinenfabrik Berthold Hermle AG Reports Earnings Results for the Half Year Ended June 30, 2026	CI
05-18	Maschinenfabrik Berthold Hermle AG announces Annual dividend, payable on July 06, 2026	CI

2eaa03d73a.aXZQAKzJWN8UzAf0sJzDlko9oRCoxF-MXb2qvEFreUo.IB0eV8P5Lu4hrn264NmPuwgL2F2dpi_VM5DnyAAaJhoAOyQwgbworFmKPw

Published financial data: MASCHINENFABRIK BERTHOLD HERMLE AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Revenues	376M	474M	532M	488M	492M
Total Revenues	376M	474M	532M	488M	492M
Cost of Goods Sold, Total	156M	195M	216M	199M	200M
Gross Profit	220M	279M	316M	289M	292M
Selling General & Admin Expenses, Total	105M	126M	145M	152M	157M
Depreciation & Amortization - (IS)	11.28M	11.22M	11.57M	14.48M	15.98M
Other Operating Expenses	34.1M	41.32M	48.25M	42.25M	55.22M
Other Operating Expenses, Total	151M	178M	205M	209M	228M
Operating Income	69.24M	101M	111M	80.28M	63.31M
Interest Expense, Total	-298K	-229K	-194K	-189K	-222K
Interest And Investment Income	93K	279K	2.72M	3.84M	2M
Net Interest Expenses	-205K	50K	2.53M	3.66M	1.78M
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	1.02M	-2.62M	-382K	-891K	772K
Other Non Operating Income (Expenses)	3.92M	5.06M	4.25M	4.28M	4.1M
EBT, Excl. Unusual Items	73.98M	103M	118M	87.33M	69.95M
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	413K	994K	612K	1.64M	1.01M
Asset Writedown	-	-	-	-	-
Other Unusual Items	-	-4.71M	-	-	-
EBT, Incl. Unusual Items	74.4M	99.67M	118M	88.97M	70.96M
Income Tax Expense	19.49M	27.89M	30.78M	23.06M	19.58M
Earnings From Continuing Operations	54.91M	71.78M	87.57M	65.92M	51.38M
Net Income to Company	54.91M	71.78M	87.57M	65.92M	51.38M
Minority Interest	-3K	-	-	-	-
Net Income - (IS)	54.91M	71.78M	87.57M	65.92M	51.38M
Net Income to Common Incl Extra Items	54.91M	71.78M	87.57M	65.92M	51.38M
Net Income to Common Excl. Extra Items	54.91M	71.78M	87.57M	65.92M	51.38M
Per Share Items
Net EPS - Basic	10.98	14.36	17.51	13.18	10.28
Basic EPS - Continuing Operations	10.98	14.36	17.51	13.18	10.28
Basic Weighted Average Shares Outstanding	5M	5M	5M	5M	5M
Net EPS - Diluted	10.98	14.36	17.51	13.18	10.28
Diluted EPS - Continuing Operations	10.98	14.36	17.51	13.18	10.28
Diluted Weighted Average Shares Outstanding	5M	5M	5M	5M	5M
Normalized Basic EPS	9.25	12.92	14.72	10.92	8.74
Normalized Diluted EPS	9.25	12.92	14.72	10.92	8.74
Dividend Per Share	0.85	0.85	0.85	0.85	9.55
Payout Ratio	45.62	62.75	62.86	113.85	107.14
Supplemental Items
EBITDA	79.91M	112M	122M	94.2M	78.58M
EBITA	70.29M	102M	112M	81.17M	64.22M
EBIT	69.24M	101M	111M	80.28M	63.31M
EBITDAR	81.05M	113M	124M	96.16M	81.05M
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	26.19	27.98	26.01	25.92	27.6
Total Current Taxes	20.14M	27.71M	32.03M	23.41M	19.41M
Total Deferred Taxes	-653K	181K	-1.25M	-356K	179K
Normalized Net Income	46.24M	64.62M	73.59M	54.58M	43.72M
Interest on Long-Term Debt	5K	5K	29K	40K	51K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	14.04M	16.94M	18.17M	19.22M	22.55M
Net Rental Expense, Total	1.14M	1.27M	1.53M	1.95M	2.46M
Imputed Operating Lease Interest Expense	3.86M	3.68M	2.9M	2.89M	3.75M
Imputed Operating Lease Depreciation	-2.71M	-2.4M	-1.38M	-940K	-1.29M

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Assets
Cash And Equivalents	109M	114M	111M	107M	81.28M
Short Term Investments	11M	44M	49M	34M	19M
Total Cash And Short Term Investments	120M	158M	160M	141M	100M
Accounts Receivable, Total	87.73M	102M	99.99M	68.83M	106M
Other Receivables	27.02M	3.87M	3.88M	12.96M	8.43M
Total Receivables	115M	106M	104M	81.8M	115M
Inventory	82.68M	108M	121M	108M	111M
Prepaid Expenses	1.19M	1.06M	1.53M	-	-
Other Current Assets, Total	-	528K	656K	-	183K
Total Current Assets	319M	374M	387M	331M	326M
Gross Property Plant And Equipment	182M	187M	197M	244M	258M
Accumulated Depreciation	-102M	-107M	-114M	-121M	-130M
Net Property Plant And Equipment	80.46M	79.33M	82.63M	123M	127M
Long-term Investments	1M	5K	3M	7K	107K
Goodwill	6.1M	6.1M	6.1M	6.1M	6.1M
Other Intangibles, Total	4.01M	3.49M	2.9M	2.62M	2.08M
Deferred Tax Assets Long-Term	3.53M	3.46M	4.81M	5.01M	5M
Deferred Charges Long-Term	194K	15K	-	0	270K
Other Long-Term Assets, Total	657K	1.73M	20.02M	16.92M	19.64M
Total Assets	415M	468M	506M	485M	487M
Liabilities
Accounts Payable, Total	6.52M	9.6M	8.8M	14.32M	9.97M
Accrued Expenses, Total	699K	5.07M	14.01M	1.74M	6.96M
Current Portion of Leases	374K	387K	528K	530K	687K
Current Income Taxes Payable	9.26M	10.2M	8.44M	12.25M	9.3M
Unearned Revenue Current, Total	8.78M	10.07M	9.87M	7.48M	8.99M
Other Current Liabilities	80.65M	93.77M	93.69M	85.32M	93.31M
Total Current Liabilities	106M	129M	135M	122M	129M
Long-Term Leases	322K	186K	532K	452K	662K
Deferred Tax Liability Non Current	1.33M	1.68M	1.68M	1.36M	1.41M
Other Non Current Liabilities	1.89M	2.02M	1.97M	2.26M	2.53M
Total Liabilities	110M	133M	140M	126M	134M
Common Stock, Total	15M	15M	15M	15M	15M
Additional Paid In Capital	3.29M	3.29M	3.29M	3.29M	3.29M
Retained Earnings	285M	312M	344M	335M	332M
Comprehensive Income and Other	1.67M	4.65M	4.25M	5.35M	3.14M
Total Common Equity	305M	335M	367M	359M	353M
Minority Interest	11K	3K	3K	4K	4K
Total Equity	305M	335M	367M	359M	353M
Total Liabilities And Equity	415M	468M	506M	485M	487M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5M	5M	5M	5M	5M
ECS Total Common Shares Outstanding	5M	5M	5M	5M	5M
Book Value / Share	61.04	66.95	73.38	71.77	70.59
Tangible Book Value	295M	325M	358M	350M	345M
Tangible Book Value Per Share	59.02	65.03	71.58	70.03	68.95
Total Debt	696K	573K	1.06M	982K	1.35M
Net Debt	-120M	-157M	-159M	-140M	-98.93M
Debt Equivalent Oper. Leases	9.13M	10.18M	12.22M	15.63M	19.7M
Minority Interest, Total (Incl. Fin. Div)	11K	3K	3K	4K	4K
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	43.86M	61.61M	74.16M	57.5M	58.62M
Inventories - Work In Process, Total	20.54M	22.04M	21.78M	22.32M	27.44M
Inventories - Finished Goods, Total	16.92M	22.53M	24.13M	27.5M	24.67M
Inventories - Others	1.36M	1.89M	773K	580K	332K
Land - (BS)	86.95M	88.31M	90.16M	121M	123M
Machinery, Total	95.32M	98.5M	106M	123M	134M
Full Time Employees	1.32K	1.38K	1.51K	1.6K	1.64K
Accumulated Allowance for Doubtful Accounts (Supple)	9.02M	7.97M	7.87M	6.84M	9.09M
Order Backlog	108M	168M	130M	98.7M	90.6M

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Net Income	54.91M	71.78M	87.57M	65.92M	51.38M
Depreciation & Amortization - CF	10.02M	10.05M	10.58M	13.59M	15.06M
Amortization of Goodwill and Intangible Assets - (CF)	1.04M	997K	973K	884K	917K
Depreciation & Amortization, Total	11.06M	11.04M	11.56M	14.48M	15.98M
Amortization of Deferred Charges, Total - (CF)	223K	179K	14K	-	-
(Gain) Loss From Sale Of Asset	-252K	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Other Operating Activities, Total	143K	4.84M	-54K	292K	264K
Change In Accounts Receivable	-37.96M	-12.48M	1.37M	28.62M	-35.64M
Change In Inventories	-15.68M	-28.05M	-12.77M	12.94M	-3.15M
Change In Accounts Payable	481K	3.41M	-810K	5.52M	-4.35M
Change In Deferred Taxes	-1.09M	423K	-1.34M	-521K	58K
Change in Other Net Operating Assets	24.55M	39.37M	6.51M	-24.76M	13.58M
Cash from Operations	36.38M	90.52M	92.05M	102M	38.11M
Capital Expenditure	-7.3M	-9.65M	-31.8M	-50.23M	-22.16M
Sale of Property, Plant, and Equipment	860K	695K	1.1M	1.5M	784K
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-340K	-480K	-385K	-598K	-644K
Investment in Marketable and Equity Securities, Total	0	-32M	-8M	18M	14.9M
Cash from Investing	-6.78M	-41.44M	-39.08M	-31.32M	-7.12M
Long-Term Debt Repaid, Total	-405K	-375K	-393K	-557K	-534K
Total Debt Repaid	-405K	-375K	-393K	-557K	-534K
Common Dividends Paid	-25.05M	-45.05M	-55.05M	-	-55.04M
Common & Preferred Stock Dividends Paid	-	-	-	-75.04M	-
Common & Preferred Stock Dividends Paid	-25.05M	-45.05M	-55.05M	-75.04M	-55.04M
Special Dividend Paid	-	-	-	-	-
Cash from Financing	-25.46M	-45.42M	-55.44M	-75.6M	-55.58M
Foreign Exchange Rate Adjustments	1.32M	1.22M	-97K	1.04M	-1.81M
Miscellaneous Cash Flow Adjustments	-887K	-431K	-302K	-266K	321K
Net Change in Cash	4.59M	4.45M	-2.87M	-3.66M	-26.09M
Supplemental Items
Cash Interest Paid	205K	58K	-	-	-
Cash Income Tax Paid (Refund)	21.77M	-547K	29.22M	43.33M	3.95M
Levered Free Cash Flow	17.69M	69.73M	43.77M	37.21M	3.92M
Unlevered Free Cash Flow	17.88M	69.87M	43.89M	37.33M	4.06M
Change In Net Working Capital	29.05M	-5.72M	5.09M	-23.5M	28.68M
Net Debt Issued / Repaid	-405K	-375K	-393K	-557K	-534K

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Profitability
Return on Assets	11.36	14.29	14.29	10.13	8.15
Return on Total Capital	14.9	19.67	19.79	13.79	11.08
Return On Equity %	18.95	22.43	24.96	18.16	14.44
Return on Common Equity	18.95	22.43	24.96	18.17	14.44
Margin Analysis
Gross Profit Margin %	58.45	58.91	59.34	59.2	59.3
SG&A Margin	27.97	26.54	27.18	31.11	31.96
EBITDA Margin %	21.25	23.52	23	19.31	15.98
EBITA Margin %	18.69	21.49	21.1	16.64	13.06
EBIT Margin %	18.42	21.28	20.92	16.45	12.87
Income From Continuing Operations Margin %	14.6	15.14	16.45	13.51	10.44
Net Income Margin %	14.6	15.14	16.45	13.51	10.44
Net Avail. For Common Margin %	14.6	15.14	16.45	13.51	10.44
Normalized Net Income Margin	12.3	13.63	13.82	11.19	8.89
Levered Free Cash Flow Margin	4.71	14.71	8.22	7.63	0.8
Unlevered Free Cash Flow Margin	4.75	14.74	8.24	7.65	0.82
Asset Turnover
Asset Turnover	0.99	1.07	1.09	0.98	1.01
Fixed Assets Turnover	4.62	5.93	6.57	4.75	3.93
Receivables Turnover (Average Receivables)	5.71	4.99	5.27	5.78	5.62
Inventory Turnover (Average Inventory)	2.09	2.04	1.89	1.74	1.83
Short Term Liquidity
Current Ratio	3	2.89	2.86	2.72	2.52
Quick Ratio	2.21	2.04	1.95	1.83	1.66
Operating Cash Flow to Current Liabilities	0.34	0.7	0.68	0.84	0.29
Days Sales Outstanding (Average Receivables)	63.92	73.11	69.31	63.32	64.92
Days Outstanding Inventory (Average Inventory)	174.86	178.71	193.01	210.24	199.59
Average Days Payable Outstanding	13.33	13.36	14.65	22.72	21.8
Cash Conversion Cycle (Average Days)	225.45	238.46	247.67	250.84	242.71
Long Term Solvency
Total Debt/Equity	0.23	0.17	0.29	0.27	0.38
Total Debt / Total Capital	0.23	0.17	0.29	0.27	0.38
LT Debt/Equity	0.11	0.06	0.14	0.13	0.19
Long-Term Debt / Total Capital	0.11	0.06	0.14	0.13	0.19
Total Liabilities / Total Assets	26.46	28.43	27.55	25.94	27.49
EBIT / Interest Expense	232.37	440.58	573.98	424.78	285.17
EBITDA / Interest Expense	269.48	488.81	633.55	501.37	357.14
(EBITDA - Capex) / Interest Expense	245	446.66	469.63	235.62	257.29
Total Debt / EBITDA	0.01	0.01	0.01	0.01	0.02
Net Debt / EBITDA	-1.49	-1.41	-1.29	-1.48	-1.25
Total Debt / (EBITDA - Capex)	0.01	0.01	0.01	0.02	0.02
Net Debt / (EBITDA - Capex)	-1.64	-1.54	-1.74	-3.15	-1.73
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	26.62	26.09	12.29	-8.34	0.81
Gross Profit, 1 Yr. Growth %	25.73	27.07	13.11	-8.56	0.99
EBITDA, 1 Yr. Growth %	32.25	39.62	9.78	-23.05	-16.58
EBITA, 1 Yr. Growth %	36.2	45.05	10.24	-27.74	-20.88
EBIT, 1 Yr. Growth %	37.05	45.79	10.37	-27.9	-21.15
Earnings From Cont. Operations, 1 Yr. Growth %	37.01	30.73	21.99	-24.73	-22.06
Net Income, 1 Yr. Growth %	37	30.74	21.99	-24.73	-22.06
Normalized Net Income, 1 Yr. Growth %	36.82	39.83	13.89	-25.83	-19.9
Diluted EPS Before Extra, 1 Yr. Growth %	37	30.74	21.99	-24.73	-22.06
Accounts Receivable, 1 Yr. Growth %	99.62	16.48	-2.15	-31.16	54.2
Inventory, 1 Yr. Growth %	23.41	30.71	11.81	-10.71	2.92
Net Property, Plant and Equip., 1 Yr. Growth %	-2.44	-1.4	4.16	48.67	3.77
Total Assets, 1 Yr. Growth %	19.59	12.7	8.26	-4.31	0.45
Tangible Book Value, 1 Yr. Growth %	11.94	10.19	10.06	-2.16	-1.54
Common Equity, 1 Yr. Growth %	11.21	9.68	9.6	-2.19	-1.65
Cash From Operations, 1 Yr. Growth %	-15.76	148.78	1.69	11.34	-62.82
Capital Expenditures, 1 Yr. Growth %	-64.87	32.3	229.51	57.94	-55.87
Levered Free Cash Flow, 1 Yr. Growth %	42.41	294.7	-37.23	-14.98	-89.47
Unlevered Free Cash Flow, 1 Yr. Growth %	42.51	291.39	-37.19	-14.94	-89.14
Dividend Per Share, 1 Yr. Growth %	0	0	0	0	1.02K
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-9.9	26.35	18.99	1.45	-3.87
Gross Profit, 2 Yr. CAGR %	-10.41	26.4	19.89	1.7	-3.9
EBITDA, 2 Yr. CAGR %	-18.23	35.85	23.8	-8.09	-19.88
EBITA, 2 Yr. CAGR %	-20.35	40.51	26.45	-10.75	-24.38
EBIT, 2 Yr. CAGR %	-20.56	41.31	26.85	-10.8	-24.6
Earnings From Cont. Operations, 2 Yr. CAGR %	-19.25	33.83	26.29	-4.18	-23.4
Net Income, 2 Yr. CAGR %	-19.25	33.83	26.29	-4.18	-23.4
Normalized Net Income, 2 Yr. CAGR %	-18.97	38.28	26.19	-8.09	-22.92
Diluted EPS Before Extra, 2 Yr. CAGR %	-19.25	33.83	26.29	-4.18	-23.4
Accounts Receivable, 2 Yr. CAGR %	12.06	52.48	6.76	-17.93	3.03
Inventory, 2 Yr. CAGR %	5.76	27.01	20.89	-0.08	-4.14
Net Property, Plant and Equip., 2 Yr. CAGR %	8.5	-1.92	1.34	24.44	24.21
Total Assets, 2 Yr. CAGR %	7.35	16.1	10.46	1.78	-1.96
Tangible Book Value, 2 Yr. CAGR %	8.91	11.06	10.13	3.77	-1.85
Common Equity, 2 Yr. CAGR %	8.26	10.45	9.64	3.54	-1.92
Cash From Operations, 2 Yr. CAGR %	-28.93	44.76	59.06	6.41	-35.66
Capital Expenditures, 2 Yr. CAGR %	-23.96	-31.82	108.79	128.13	-16.51
Levered Free Cash Flow, 2 Yr. CAGR %	-36.24	136.92	57.4	-26.95	-70.08
Unlevered Free Cash Flow, 2 Yr. CAGR %	-36.04	136	56.79	-26.91	-69.6
Dividend Per Share, 2 Yr. CAGR %	0	0	0	0	235.19
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-6.02	0.78	21.48	9.08	1.24
Gross Profit, 3 Yr. CAGR %	-6	0.66	21.8	9.54	1.46
EBITDA, 3 Yr. CAGR %	-12.31	-2.28	26.54	5.66	-11.01
EBITA, 3 Yr. CAGR %	-13.48	-2.75	29.6	4.93	-14.26
EBIT, 3 Yr. CAGR %	-13.91	-2.76	30.14	5.07	-14.39
Earnings From Cont. Operations, 3 Yr. CAGR %	-14.38	-5.18	29.76	6.28	-10.55
Net Income, 3 Yr. CAGR %	-14.38	-5.18	29.77	6.28	-10.55
Normalized Net Income, 3 Yr. CAGR %	-12.64	-2.82	29.62	5.71	-12.21
Diluted EPS Before Extra, 3 Yr. CAGR %	-14.38	-5.18	29.77	6.28	-10.55
Accounts Receivable, 3 Yr. CAGR %	5.23	13.51	31.52	-7.77	1.27
Inventory, 3 Yr. CAGR %	6.94	13.5	21.73	9.28	0.91
Net Property, Plant and Equip., 3 Yr. CAGR %	5.44	5.09	0.06	15.15	17.13
Total Assets, 3 Yr. CAGR %	4.25	9.11	13.42	5.3	1.34
Tangible Book Value, 3 Yr. CAGR %	7.39	9.33	10.73	5.87	1.97
Common Equity, 3 Yr. CAGR %	6.83	8.73	10.16	5.55	1.78
Cash From Operations, 3 Yr. CAGR %	-26.94	7.91	28.69	41.23	-25.05
Capital Expenditures, 3 Yr. CAGR %	-12.68	-8.55	15.27	90.24	31.94
Levered Free Cash Flow, 3 Yr. CAGR %	-36.6	17.01	52.16	28.19	-61.7
Unlevered Free Cash Flow, 3 Yr. CAGR %	-36.43	16.93	51.81	27.88	-61.28
Dividend Per Share, 3 Yr. CAGR %	0	0	0	0	123.97
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-0.93	3.35	3.28	1.05	10.62
Gross Profit, 5 Yr. CAGR %	-0.29	4.31	3.61	1.08	10.78
EBITDA, 5 Yr. CAGR %	-5.58	1.85	0.65	-4.65	5.4
EBITA, 5 Yr. CAGR %	-6.84	1.49	0.69	-6.03	4.47
EBIT, 5 Yr. CAGR %	-7.05	1.39	0.52	-6.06	4.61
Earnings From Cont. Operations, 5 Yr. CAGR %	-5.75	-0.42	0.02	-4.78	5.09
Net Income, 5 Yr. CAGR %	-5.75	-0.42	0.02	-4.78	5.09
Normalized Net Income, 5 Yr. CAGR %	-5.85	0.86	1.19	-4.97	5.29
Diluted EPS Before Extra, 5 Yr. CAGR %	-5.75	-0.42	0.02	-4.78	5.09
Accounts Receivable, 5 Yr. CAGR %	8.39	10.81	5.84	-0.3	19.28
Inventory, 5 Yr. CAGR %	9.08	11.72	12.32	7.86	10.64
Net Property, Plant and Equip., 5 Yr. CAGR %	10.84	3.63	3.78	12.44	9.1
Total Assets, 5 Yr. CAGR %	6.04	7.18	6.69	6.11	7
Tangible Book Value, 5 Yr. CAGR %	5.24	6.59	8.47	7.07	5.51
Common Equity, 5 Yr. CAGR %	5.83	7.11	7.95	6.62	5.16
Cash From Operations, 5 Yr. CAGR %	-13.24	2	-0.27	7.31	-2.47
Capital Expenditures, 5 Yr. CAGR %	-14.04	-11.3	23.76	31.82	1.31
Levered Free Cash Flow, 5 Yr. CAGR %	-17.39	7.37	-8.82	-3.08	-20.61
Unlevered Free Cash Flow, 5 Yr. CAGR %	-17.25	7.37	-8.81	-3.1	-20.21
Dividend Per Share, 5 Yr. CAGR %	0	0	0	0	62.22