Deutsche Börse AG (ETR:DB1)
Germany flag Germany · Delayed Price · Currency is EUR
287.60
+0.70 (0.24%)
Aug 27, 2026, 11:26 AM CET

Deutsche Börse AG Financials Overview

Millions EUR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
7,7497,3807,0226,0965,2254,363
Revenue Growth
7.21%5.10%15.19%16.66%19.75%17.38%
Gross Profit
6,2365,9915,8035,0384,2303,426
Operating Income
3,1562,9692,8682,5712,2101,711
Net Income
2,1151,9951,9481,7241,4941,210
Earnings Per Share
11.6010.8710.589.348.126.58
EPS Growth
7.56%2.74%13.28%15.02%23.40%11.78%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Investment Management Solutions
1,3581,3311,285863.2651.7482.6
Trading & Clearing
2,6692,5532,4072,2632,1871,809
Fund Services
570537494439.9375.9382.4
Securities Services
1,6731,6051,6431,5111,123835.4
Revenue (Total)
7,7817,4157,0486,1355,3334,447

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,7752,8752,8102,1401,8551,495
Total Debt
6,1878,1359,5838,7245,3576,324
Net Cash (Debt)
-4,412-5,260-6,773-6,584-3,503-4,829
Net Cash Growth
------
Net Cash Per Share
-24.21-28.67-36.76-35.67-19.04-26.26

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
2,9662,8102,4112,5492,484908.9
Capital Expenditures
-57-55-58-49.5-109.6-37.8
Free Cash Flow
2,9092,7552,3532,5002,374871.1
Free Cash Flow Growth
22.40%17.09%-5.87%5.29%172.53%-35.51%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
80.47%81.18%82.64%82.65%80.95%78.52%
Operating Margin
40.73%40.23%40.84%42.17%42.30%39.22%
Pretax Margin
39.09%38.71%39.09%40.22%40.31%39.17%
Profit Margin
27.29%27.03%27.74%28.28%28.60%27.72%
FCF Margin
37.54%37.33%33.51%41.00%45.43%19.96%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
4.2004.2004.0003.8003.6003.200
Dividend Per Share Growth
5.00%5.00%5.26%5.56%12.50%6.67%
Dividend Yield
1.51%1.91%1.86%2.15%2.40%2.39%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
24.7420.5520.9419.8819.8322.32
Forward PE
21.7819.5820.7519.1017.7222.16
P/FCF Ratio
17.7814.8817.3413.7112.4830.99
PS Ratio
6.675.565.815.625.676.19