Deutsche Börse AG (ETR:DB1)
Germany flag Germany · Delayed Price · Currency is EUR
269.40
+0.40 (0.15%)
Aug 6, 2026, 5:38 PM 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
7,7817,4157,0486,1355,3334,447
Revenue Growth
7.12%5.21%14.89%15.02%19.94%18.37%
Gross Profit
6,2696,0265,8295,0774,3383,510
Operating Income
3,1863,0102,9002,5262,1701,750
Net Income
2,1151,9951,9481,7241,4941,210
Earnings Per Share
11.5910.8710.589.348.126.58
EPS Growth
7.51%2.74%13.28%15.02%23.40%11.71%

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
1,7471,7821,8721,6551,2761,031
Total Debt
33,75923,65626,41024,66222,01819,454
Net Cash (Debt)
-32,012-21,874-24,538-23,007-20,742-18,423
Net Cash Growth
------
Net Cash Per Share
-175.64-119.24-133.20-124.64-112.74-100.17

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
80.57%81.27%82.70%82.75%81.33%78.93%
Operating Margin
40.95%40.59%41.15%41.17%40.69%39.36%
Pretax Margin
38.93%38.53%38.95%39.97%39.50%38.44%
Profit Margin
28.53%28.37%29.03%29.29%29.31%28.45%
FCF Margin
37.39%37.15%33.39%40.75%44.51%19.59%

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
1.56%1.79%1.71%1.92%1.98%2.04%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
23.2320.5821.0219.9719.8822.36
Forward PE
20.7119.5820.7519.1017.7222.16
P/FCF Ratio
16.7014.7917.3713.8112.4931.01
PS Ratio
6.275.495.805.635.566.07