Rheinmetall AG (ETR: RHM)

Germany flag Germany · Delayed Price · Currency is EUR
601.60
+5.20 (0.87%)
Nov 21, 2024, 12:29 PM CET
115.55%
Market Cap 25.89B
Revenue (ttm) 8.83B
Net Income (ttm) 563.00M
Shares Out 43.42M
EPS (ttm) 12.64
PE Ratio 39.11
Forward PE 21.40
Dividend 5.70 (0.96%)
Ex-Dividend Date n/a
Volume 133,058
Open 609.00
Previous Close 596.40
Day's Range 598.00 - 611.80
52-Week Range 272.50 - 611.80
Beta 0.70
Analysts n/a
Price Target n/a
Earnings Date Nov 7, 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]

Sector Industrials
Founded 1889
Employees 24,753
Stock Exchange Deutsche Börse Xetra
Ticker Symbol RHM
Full Company Profile

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 Statements

News

Rheinmetall aims for sales of $21.2B by 2027 amid rise in defense spending

Rheinmetall expects sales to reach 20 billion euros by 2027 due to increased defense spending in Western countries, aiming for an 18% operating margin.

1 day ago - Seeking Alpha

Rheinmetall Targets $21.2 Billion in Sales by 2027 as Western Defense Budgets Rise

The arms maker forecasts $21.2 billion in sales over the next three years amid higher defense spending in western markets.

1 day ago - WSJ

Rheinmetall Targets $21.2 Billion in Sales by 2027 as Western Defense Budgets Rise

The arms maker forecasts $21.2 billion in sales over the next three years amid higher defense spending in western markets.

1 day ago - The Wall Street Journal

Rheinmetall aims for 20 bln euros in sales in 2027

Rheinmetall aims for 20 billion euros ($21.08 billion) in sales for 2027, boosted by increased defence spending by EU and NATO country leaders in response to the Ukraine war, the German defence group ...

2 days ago - Reuters

Rheinmetall AG (RNMBF) Q3 2024 Earnings Call Transcript

Rheinmetall AG (OTCPK:RNMBF) Q3 2024 Results Conference Call November 7, 2024 8:00 AM ETCompany ParticipantsArmin Papperger - Chief Executive OfficerDagmar...

11 days ago - Seeking Alpha

Rheinmetall Posts Soaring Sales, Shrugs off Political Instability Concerns

The German arms maker posted a 39.5% increase in sales, as it consolidated its place as one of Europe’s main ammunition and weapon suppliers.

13 days ago - The Wall Street Journal

Rheinmetall Posts Soaring Sales, Shrugs off Political Instability Concerns

The German arms maker posted a 39.5% increase in sales, as it consolidated its place as one of Europe's main ammunition and weapon suppliers.

13 days ago - WSJ

Rheinmetall AG reports nine-month results

Rheinmetall AG's operating result jumps 72% to €705 million, with group sales increasing by 36% in the first nine months.

14 days ago - Seeking Alpha

German Defense Industry Sees Trump Win Adding to Order Surge

Rheinmetall AG’s earnings surged in the third quarter as Europe’s increased military spending drove orders for armored vehicles, ammunition and air defense systems.

14 days ago - BNN Bloomberg

Rheinmetall narrows operating margin guidance on record Q3 sales

German arms manufacturer Rheinmetall , one of the main beneficiaries of a boost in European defence spending on the back of the Ukraine war, narrowed its full-year operating margin guidance after reco...

14 days ago - Reuters

Rheinmetall's Armin Papperger to Stay as CEO Until 2030

The arms maker said Armin Papperger will remain at the helm of the company for another five years, while CFO Dagmar Steinert agreed to step down from her role.

14 days ago - The Wall Street Journal

Rheinmetall's Armin Papperger to Stay as CEO Until 2030

The arms maker said Armin Papperger will remain at the helm of the company for another five years, while CFO Dagmar Steinert agreed to step down from her role.

14 days ago - WSJ

Rheinmetall extends CEO Papperger's contract, names new CFO

Rheinmetall extended the contract of Chief Executive Armin Papperger for another five years on Wednesday as part of a reshuffle to better respond to high demand facing the German defence company follo...

14 days ago - Reuters

Rheinmetall: I Believe Its Valuation Has Peaked

Rheinmetall faces significant risks and a high P/E ratio. Learn why I maintain a Hold rating on RNBMF stock, expecting long-term RoR below 10%.

21 days ago - Seeking Alpha

Kremlin says Russia could target Rheinmetall plant in Ukraine

A military factory of German concern Rheinmetall which opened in Ukraine in late October could become a target for Russian attacks, Kremlin spokesman Dmitry Peskov said on Tuesday.

23 days ago - Reuters

Rheinmetall, Croatia's DOK-ING eye joint venture for unmanned military vehicles

German arms maker Rheinmetall and Croatian robotics specialist DOK-ING said on Monday they will join forces to develop unmanned vehicles that could escort tanks on the battlefield and assume tasks suc...

23 days ago - Reuters

The Guardian view on UK-EU security cooperation: some red lines must be blurred | Editorial

Sir Keir Starmer should not assume that defence cooperation can be kept separate from the thornier issue of trade integration In the big picture of global security, a single factory making gun barrels...

24 days ago - The Guardian

Rheinmetall provides Ukraine with 20 Marder infantry fighting vehicles

Rheinmetall transferred so far about 200 combat vehicles, including over a hundred Marder 1A3 models, to Ukraine directly or indirectly through the so-called ring exchange.

26 days ago - The Kyiv Independent

Luerssen, Rheinmetall floated as options to buy Thyssenkrupp marine unit, reports Handelsblatt

German shipbuilder Luerssen has expressed interest in bidding for the warship division of stricken conglomerate Thyssenkrupp , the Handelsblatt newspaper reported Wednesday, adding that talks were als...

4 weeks ago - Reuters

Great need for land defense in Europe, says Leonardo CEO

Roberto Cingolani, the CEO of Leonardo, discusses Rheinmetall and Leonardo's newly announced joint venture to produce tanks in Europe.

5 weeks ago - CNBC

Leonardo teams with Rheinmetall to make armored vehicles

Leonardo and Rheinmetall form joint venture to produce combat vehicles in Europe, targeting 50 billion euros in potential orders amid geopolitical tensions.

5 weeks ago - Seeking Alpha

Leonardo, Rheinmetall Enter Combat Vehicle Joint Venture

Italy’s Leonardo and Germany’s Rheinmetall entered a joint venture for the development and production of combat vehicles, targeting potential orders of up to $54.55 billion.

5 weeks ago - The Wall Street Journal

Leonardo, Rheinmetall Enter Combat Vehicle Joint Venture

Italy's Leonardo and Germany's Rheinmetall entered a joint venture for the development and production of combat vehicles, targeting potential orders of up to $54.55 billion.

5 weeks ago - WSJ