Financials Rheinmetall AG

Equities

Real-time Estimate Tradegate Other stock markets 11:18:52 2024-09-10 EDT			5-day change	1st Jan Change
510.30 ^EUR	+0.65%		-2.00%	+77.56%

06:58am	Leonardo Continues Ongoing Talks with Airbus, Thales, Rheinmetall	MT
09-09	Leonardo in talks on alliances and joint ventures, CEO says	RE

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	6,255	5,875	5,658	6,410	7,176	9,971	12,258	15,045
Change	-	-6.08%	-3.69%	13.29%	11.95%	38.95%	22.94%	22.73%
EBITDA ¹	792	647	862	980	1,226	1,849	2,375	3,061
Change	-	-18.31%	33.23%	13.69%	25.1%	50.81%	28.45%	28.88%
EBIT ¹	512	426	608	731	897	1,458	1,946	2,582
Change	-	-16.8%	42.72%	20.23%	22.71%	62.54%	33.5%	32.64%
Interest Paid ¹	-35	-42	-27	-20	-82	-92.34	-91.22	-86.51
Earnings before Tax (EBT) ¹	477	57	582	711	815	1,293	1,812	2,439
Change	-	-88.05%	921.05%	22.16%	14.63%	58.7%	40.13%	34.56%
Net income ¹	335	-27	291	469	535	878.6	1,273	1,732
Change	-	-	-	61.17%	14.07%	64.22%	44.87%	36.06%
Announcement Date	20-03-18	21-03-01	22-03-17	23-03-16	24-03-14	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019 Q3	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	1,481	1,961	1,358	1,239	1,382	1,896	1,405	1,315	1,258	1,817	1,266	1,408	1,415	2,321	1,363	1,498	1,758	2,558	1,581	2,234	2,488	3,521
Change	-	32.41%	-30.75%	-8.76%	11.54%	37.19%	-25.9%	-6.41%	-4.33%	44.44%	-30.32%	11.22%	0.5%	64.03%	-41.28%	9.9%	17.36%	45.51%	-38.19%	41.3%	11.36%	41.52%
EBITDA ¹	170	319	-	-	-	337	-	164	173	381	152	-	180	493	139	181	-	634	199	326	371.5	983.9
Change	-	87.65%	-100%	-	-	-	-100%	-	5.49%	120.23%	-60.1%	-100%	-	173.89%	-71.81%	30.22%	-100%	-	-68.61%	63.82%	13.96%	164.85%
EBIT ¹	99	243	34	36	101	256	87	106	112	305	92	114	117	429	76	118	170	533	108	235	323.2	754.6
Change	-	145.45%	-86.01%	5.88%	180.56%	153.47%	-66.02%	21.84%	5.66%	172.32%	-69.84%	23.91%	2.63%	266.67%	-82.28%	55.26%	44.07%	213.53%	-79.74%	117.59%	37.54%	133.47%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	83	243	25	-276	60	-	78	101	106	-	-	98	-	-	-	-	-	499	-	-	-	-
Change	-	192.77%	-89.71%	-	-	-100%	-	29.49%	4.95%	-100%	-	-	-100%	-	-	-	-	-	-100%	-	-	-
Net income ¹	57	173	13	-248	44	156	49	-40	73	209	48	57	77	287	54	56	102	323	54	62	197.5	566
Change	-	203.51%	-92.49%	-	-	254.55%	-68.59%	-	-	186.3%	-77.03%	18.75%	35.09%	272.73%	-81.18%	3.7%	82.14%	216.67%	-83.28%	14.81%	218.61%	186.52%
Announcement Date	19-11-07	20-03-18	20-05-08	20-08-06	20-11-06	21-03-01	21-05-06	21-08-05	21-11-05	22-03-17	22-05-06	22-08-05	22-11-10	23-03-16	23-05-04	23-08-10	23-11-09	24-03-14	24-05-14	24-08-08	-	-

¹EUR in Million

Estimates

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	52	-4	-118	426	1,063	783	329	-305
Change	-	-107.69%	-3,050%	261.02%	149.53%	-26.34%	-57.98%	-192.71%
Announcement Date	20-03-18	21-03-01	22-03-17	23-03-16	24-03-14	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	288	237	271	349	398	713.4	674	730
Change	-	-17.71%	14.35%	28.78%	14.04%	79.24%	-5.51%	8.31%
Free Cash Flow (FCF) ¹	314	217	419	-175	345	596.9	844.9	1,247
Change	-	-30.89%	93.09%	-141.77%	-297.14%	73.02%	41.55%	47.59%
Announcement Date	20-03-18	21-03-01	22-03-17	23-03-16	24-03-14	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	12.66%	11.01%	15.24%	15.29%	17.08%	18.54%	19.37%	20.35%
EBIT Margin (%)	8.19%	7.25%	10.75%	11.4%	12.5%	14.62%	15.88%	17.16%
EBT Margin (%)	7.63%	0.97%	10.29%	11.09%	11.36%	12.97%	14.79%	16.21%
Net margin (%)	5.36%	-0.46%	5.14%	7.32%	7.46%	8.81%	10.38%	11.51%
FCF margin (%)	5.02%	3.69%	7.41%	-2.73%	4.81%	5.99%	6.89%	8.29%
FCF / Net Income (%)	93.73%	-803.7%	143.99%	-37.31%	64.49%	67.94%	66.38%	72%
Profitability
ROA	4.73%	4.22%	1.11%	5.93%	5.4%	7.3%	9.16%	10.67%
ROE	16.16%	15.45%	18.16%	17.93%	17.44%	25.05%	28.08%	30.27%
Financial Health
Leverage (Debt/EBITDA)	0.07x	-	-	0.43x	0.87x	0.42x	0.14x	-
Debt / Free cash flow	0.17x	-	-	-2.43x	3.08x	1.31x	0.39x	-
Capital Intensity
CAPEX / Current Assets (%)	4.6%	4.03%	4.79%	5.44%	5.55%	7.15%	5.5%	4.85%
CAPEX / EBITDA (%)	36.36%	36.63%	31.44%	35.61%	32.46%	38.58%	28.38%	23.85%
CAPEX / FCF (%)	91.72%	109.22%	64.68%	-199.43%	115.36%	119.51%	79.78%	58.55%
Items per share
Cash flow per share ¹	13.98	10.49	15.94	4.013	16.03	28.37	34.55	45.43
Change	-	-24.94%	51.93%	-74.83%	299.55%	76.92%	21.79%	31.49%
Dividend per Share ¹	2.4	2	3.3	4.3	5.7	7.659	10.98	14.48
Change	-	-16.67%	65%	30.3%	32.56%	34.36%	43.41%	31.83%
Book Value Per Share ¹	49.37	43.71	55.84	64.82	71.56	91.61	114	143.6
Change	-	-11.48%	27.76%	16.09%	10.39%	28.03%	24.45%	25.95%
EPS ¹	7.77	-0.62	6.72	10.82	12.07	20.22	29.09	39.28
Change	-	-107.98%	-1,183.87%	61.01%	11.55%	67.5%	43.87%	35.06%
Nbr of stocks (in thousands)	42,982	43,083	43,197	43,197	43,382	43,417	43,417	43,417
Announcement Date	20-03-18	21-03-01	22-03-17	23-03-16	24-03-14	-	-	-