Deutsche Börse AG Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 23, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	40,302	40,998	40,791	34,267	29,637	26,996
Market Cap Growth	-8.79%	0.51%	19.04%	15.62%	9.78%	5.69%
Enterprise Value	44,053	47,640	49,741	43,265	35,532	32,274
Last Close Price	219.90	223.70	219.24	179.97	152.48	136.27
PE Ratio	20.18	20.55	20.94	19.88	19.83	22.32
Forward PE	18.61	19.58	20.75	19.10	17.72	22.16
PS Ratio	5.46	5.56	5.81	5.62	5.67	6.19
PB Ratio	3.41	3.47	3.62	3.39	3.27	3.49
P/TBV Ratio	-	-	-	-	1459.94	-
P/FCF Ratio	-	-	17.34	13.71	12.48	30.99
P/OCF Ratio	-	-	16.92	13.44	11.93	29.70
PEG Ratio	2.79	3.21	3.46	2.20	1.42	2.79
EV/Sales Ratio	5.97	6.46	7.08	7.10	6.80	7.40
EV/EBITDA Ratio	13.87	15.00	16.21	15.83	15.13	17.60
EV/EBIT Ratio	14.74	15.94	17.27	16.83	16.08	18.86
EV/FCF Ratio	-	-	21.14	17.31	14.97	37.05
Debt / Equity Ratio	0.47	0.47	0.85	0.86	0.59	0.82
Debt / EBITDA Ratio	1.74	1.74	3.04	3.11	2.21	3.33
Debt / FCF Ratio	-	-	4.07	3.49	2.26	7.26
Net Debt / Equity Ratio	0.32	0.32	0.60	0.65	0.39	0.62
Net Debt / EBITDA Ratio	1.18	1.18	2.21	2.41	1.49	2.63
Net Debt / FCF Ratio	-	-	2.88	2.63	1.48	5.54
Asset Turnover	0.03	0.03	0.03	0.02	0.02	0.02
Quick Ratio	0.01	0.01	0.12	0.10	0.09	0.07
Current Ratio	1.01	1.01	1.02	1.01	1.01	1.00
Return on Equity (ROE)	18.23%	18.23%	19.16%	18.75%	18.61%	17.69%
Return on Assets (ROA)	0.72%	0.72%	0.78%	0.63%	0.56%	0.57%
Return on Invested Capital (ROIC)	14.11%	13.10%	12.37%	12.88%	13.05%	11.17%
Return on Capital Employed (ROCE)	11.30%	11.30%	11.20%	9.80%	9.50%	8.00%
Earnings Yield	4.95%	4.87%	4.78%	5.03%	5.04%	4.48%
FCF Yield	-	-	5.77%	7.29%	8.01%	3.23%
Dividend Yield	1.91%	1.88%	1.82%	2.11%	2.36%	2.35%
Payout Ratio	-	-	35.81%	38.37%	39.32%	45.52%
Buyback Yield / Dilution	0.61%	0.61%	0.20%	-0.33%	-0.04%	-0.25%
Total Shareholder Return	2.52%	2.49%	2.02%	1.78%	2.32%	2.10%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.