Rheinmetall AG (ETR: RHM)
Germany
· Delayed Price · Currency is EUR | Market Cap | 21.93B |
| Revenue (ttm) | 7.40B |
| Net Income (ttm) | 529.00M |
| Shares Out | 43.56M |
| EPS (ttm) | 11.85 |
| PE Ratio | 37.32 |
| Forward PE | 28.82 |
| Dividend | 5.70 (1.13%) |
| Ex-Dividend Date | May 15, 2024 |
| Volume | 379,778 |
| Open | 483.50 |
| Previous Close | 481.80 |
| Day's Range | 483.50 - 505.60 |
| 52-Week Range | 226.50 - 571.80 |
| Beta | 0.70 |
| Analysts | n/a |
| Price Target | 574.10 (+13.68%) |
| Earnings Date | Aug 8, 2024 |
About Rheinmetall AG
Rheinmetall AG provides mobility and security technologies worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles. The Weapon and Ammunition segment provides firepower and protection solutions, such as weapons and munition, prot... [Read more]
Financial Performance
In 2023, Rheinmetall AG's revenue was 7.18 billion, an increase of 11.95% compared to the previous year's 6.41 billion. Earnings were 535.00 million, an increase of 12.87%.
Financial StatementsNews
Rheinmetall, Leonardo to Bid for Italy's Armored Vehicles Program
The two companies said they have formed a 50:50 joint venture aimed at handling future orders for the development of tanks and infantry fighting vehicles based on Rheinmetall’s Panther and Lynx models...
Italy plans 20 bln euro tank order from Germany's Rheinmetall, reports Handelsblatt
The Italian government is planning to buy Panther main battle tanks and Lynx armoured fighting vehicles from German defence group Rheinmetall for around 20 billion euros ($21.48 billion), Germany's Ha...
Rheinmetall, Torsus partner up for special operations vehicles
German defence group Rheinmetall's military vehicle division and Czech heavy-duty off-road bus maker Torsus have formed a strategic partnership to adapt the MAN TGE and Torsus Terrastorm models for sp...
UN experts warn States, firms to stop supplying arms to Israel or face accountability
The transfer of weapons and ammunition to Israel may constitute serious violations of human rights and international humanitarian law, as well as State complicity in international crimes, possibly inc...
Rheinmetall receives order for 155 mm shells, calls it 'largest in company history'
The German arms manufacturer Rheinmetall received a framework contract from the Bundeswehr for 155 mm artillery ammunition worth up to 8.5 billion euros ($9.1 billion), the company said on June 20.
Ukraine to receive Frankenstein air defense tank from Rheinmetall
The Frankenstein air defense tank consists of an advanced German Skyranger anti-aircraft gun mounted on a Leopard 1 battle tank. The system can shoot down both drones and missiles, according to The Te...
Continental turns to arms maker Rheinmetall to help workers find new jobs
German autos supplier Continental is working with Rheinmetall to offer job opportunities for Continental workers at the arms maker, a sign of rising labour demand in defence even as other industries w...
Rheinmetall, Kyiv agree to start producing Lynx armored vehicles in Ukraine in 2024
"At the conference, it was announced that together with the German arms company Rheinmetall, we will start production of the Lynx vehicles in Ukraine. The first such machine will be produced in Ukrain...
The Brash CEO Leading the Quest to Arm Ukraine
Rheinmetall’s Armin Papperger has emerged as a major player in the weapons business, and one of its most outspoken figures.
Germany procures more artillery shells for Ukraine
While the statement didn't specify the number of shells procured, Reuters reported on June 4 that Berlin was looking to boost an existing order from the arms manufacturer Rheinmetall by 200,000.
Germany plans to order additional 200,000 artillery shells from Rheinmetall, Reuters says
Berlin intends to order 200,000 more artillery shells from Rheinmetall, a German arms manufacturer, than originally planned, Reuters reported on June 4, citing an official letter it had obtained.
German army to boost Rheinmetall artillery shell order by 200,000, document shows
The German army intends to order 200,000 more artillery shells from armsmaker Rheinmetall than it had planned, a letter seen by Reuters on Tuesday from the Defence Ministry to parliament's budget comm...
Lithuania signs deal with Rheinmetall to open domestic arms plant
In April, Lithuania and Rheinmetall signed a memorandum on further constructing an artillery ammunition plant in the country.
Germany's Rheinmetall to build ammunition plant in Lithuania
The country's economy ministry said on Monday
Rheinmetall to sponsor Borussia Dortmund in sign of shifting German attitudes to defence
Europe’s largest ammunition maker agrees deal with Bundesliga club
German soccer club seals sponsorship deal with arms manufacturer ahead of Champions League final
Borussia Dortmund has signed a new sponsorship deal with German arms manufacturer Rheinmetall and will display the defense company’s logo ahead of facing Real Madrid in the Champions League final.
Rheinmetall AG (RNMBF) Q1 2024 Earnings Call Transcript
Rheinmetall’s profit rises on demand for military gear
Rheinmetall's first-quarter profit rises 60% amid increased demand for military equipment amid the war in Ukraine; order backlog now at €40.2bn ($43bn).
Rheinmetall's civil unit suffered cyberattack that cost $10 million
Rheinmetall's civil unit suffered a cyberattack in April last year that cost the German arms manufacturer 10 million euros ($10.80 million), Chief Financial Officer Dagmar Steinert said at the annual ...
German Arms Maker Rheinmetall Misses Sales, Profit Forecasts in Slow Quarter
Rheinmetall AG GAAP EPS of €1.13, revenue of €1.58B; reaffirms FY24 outlook
Rheinmetall Misses Forecasts in Slow Quarter
Rheinmetall posted sales and earnings below expectations for the first quarter, but confirmed its annual guidance as governments continued to place orders for ammunition, air-defense systems and other...
Rheinmetall Q1 earnings rise thanks to arms spending boom
Rheinmetall reported higher first-quarter earnings on Tuesday, as the German arms manufacturer rides a defence spending boom following the war in Ukraine.
Australian federal budget 2024: what we know so far and what to expect
Treasurer Jim Chalmers has promised more cost-of-living relief in his 14 May budget as well as spending for students and health Get our morning and afternoon news emails , free app or daily news podca...
Rheinmetall CEO promises to send Kyiv 'hundreds of thousands' of shells this year
The German arms manufacturer Rheinmetall will supply Ukraine with "hundreds of thousands" of shells in 2024, including prototypes of artillery shells with a range of 100 kilometers, CEO Armin Papperge...