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	Mar '26 Mar 13, 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	45,089	40,998	40,791	34,267	29,637	26,996
Market Cap Growth	-3.59%	0.51%	19.04%	15.62%	9.78%	5.69%
Enterprise Value	50,866	47,640	49,741	43,265	35,532	32,274
Last Close Price	247.60	223.70	219.24	179.97	152.48	136.27
PE Ratio	22.78	20.55	20.94	19.88	19.83	22.32
Forward PE	20.77	19.58	20.75	19.10	17.72	22.16
PS Ratio	6.11	5.56	5.81	5.62	5.67	6.19
PB Ratio	3.81	3.47	3.62	3.39	3.27	3.49
P/TBV Ratio	-	-	-	-	1459.94	-
P/FCF Ratio	16.37	-	17.34	13.71	12.48	30.99
P/OCF Ratio	16.05	-	16.92	13.44	11.93	29.70
PEG Ratio	3.12	3.21	3.46	2.20	1.42	2.79
EV/Sales Ratio	6.89	6.46	7.08	7.10	6.80	7.40
EV/EBITDA Ratio	15.69	15.00	16.21	15.83	15.13	17.60
EV/EBIT Ratio	17.08	15.94	17.27	16.83	16.08	18.86
EV/FCF Ratio	18.46	-	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	4.42%	4.87%	4.78%	5.03%	5.04%	4.48%
FCF Yield	6.11%	-	5.77%	7.29%	8.01%	3.23%
Dividend Yield	1.73%	1.88%	1.82%	2.11%	2.36%	2.35%
Payout Ratio	36.79%	-	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	2.34%	2.49%	2.02%	1.78%	2.32%	2.10%

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