Rheinmetall AG (ETR:RHM)

Germany flag Germany · Delayed Price · Currency is EUR
1,178.60
+8.40 (0.72%)
Jun 18, 2026, 5:38 PM CET
Market Cap54.46B -36.4%
Revenue (ttm)10.07B +27.0%
Net Income723.00M -4.0%
EPS15.65 -5.7%
Shares Out 46.54M
PE Ratio51.66
Forward PE28.07
Dividend11.50 (0.98%)
Ex-Dividend DateMay 13, 2026
Volume251,024
Open1,176.80
Previous Close1,170.20
Day's Range1,148.80 - 1,197.80
52-Week Range1,099.20 - 2,008.00
Beta0.42
AnalystsStrong Buy
Price Target1,889.38 (+60.31%)
Earnings DateAug 6, 2026

About Rheinmetall AG

Rheinmetall AG provides mobility and security technologies in Germany, Rest of Europe, North, Middle, and South America, Asia and the Near East, and internationally. The company operates through the Vehicle Systems, Weapon and Ammunition, and Electronic Solutions segments. Its 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 p... [Read more]

Founded 1889
Employees 28,815
Stock Exchange Deutsche Börse Xetra
Ticker Symbol RHM
Full Company Profile

Financial Performance

In 2025, Rheinmetall AG's revenue was 9.94 billion, an increase of 28.78% compared to the previous year's 7.72 billion. Earnings were 696.00 million, a decrease of -2.93%.

Financial Statements

Analyst Summary

According to 21 analysts, the average rating for RHM stock is "Strong Buy." The 12-month stock price target is €1,889, which is an increase of 60.31% from the latest price.

Price Target
€1,889
(60.31% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Vantor and Rheinmetall Partner to Build Sovereign Intelligence Capabilities for Germany

WESTMINSTER, Colo. & DÜSSELDORF, Germany--(BUSINESS WIRE)--Vantor, the leader in unified spatial intelligence, and Rheinmetall, a leading international systems house in the defence industry, have sign...

11 hours ago - Business Wire

French exit from tank project with Germany cannot be ruled out, Rheinmetall CEO says

France could exit the Franco-German tank project MGCS, the CEO of Rheinmetall , ​one of the initiative's shareholders, was ‌quoted as saying on Saturday, in what could be the latest blow to defence co...

5 days ago - Reuters

Rheinmetall in pact on heavy-lift drones with startup ERC

Germany's Rheinmetall , Munich-based startup ERC System and the German state of ​North Rhine-Westphalia said on Wednesday they ‌partnered up for the potential production of heavy-lift drones in the re...

8 days ago - Reuters

Europe's Defense IPOs Are Hot, Too. 5 to Watch.

Europe's defense offerings are dwarfed in scale by SpaceX, Anthropic, or OpenAI. They may prove no less important in fate-of-the-world terms, though.

14 days ago - Barrons

Rheinmetall sells civilian automotive division to Munich-based Aequita

Rheinmetall will sell its civilian automotive business to Munich-based industrial group ​Aequita for roughly 350 million euros, it said ‌on Wednesday, one of the German firm's final steps towards focu...

15 days ago - Reuters

European defense stocks are cooling off after the military spending boom. Here's what's next

Defense stocks in Europe have struggled in 2026 against the broader index. Analysts see 2026 as a period of consolidation in which investors have become more selective on winners.

19 days ago - CNBC

Rheinmetall AG Slides: Investor presentation

Rheinmetall AG has posted slides in relation to its latest quarterly earnings report, which was published on May 12, 2026.

5 weeks ago - Filings

Rheinmetall eyes order for Germany's F126 frigates in Q2

Rheinmetall could sign a contract to take ​over Germany's delayed F126 frigate programme in the second quarter, ‌CEO Armin Papperger said on Thursday, further highlighting the company's growing focus ...

6 weeks ago - Reuters

Rheinmetall AG Earnings Call Transcript: Q1 2026

Q1 2026 saw 8% sales growth and a 17% rise in operating result, with major deliveries deferred to Q2, setting up for a strong quarter ahead. Backlog reached EUR 73 billion, and full-year guidance remains robust amid high investment and expanding defense demand.

6 weeks ago - Transcripts

Rheinmetall AG Quarterly report: Q1 2026

Rheinmetall AG has published its Q1 2026 quarterly earnings report on May 7, 2026.

6 weeks ago - Filings

Rheinmetall AG Slides: Q1 2026

Rheinmetall AG has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 7, 2026.

6 weeks ago - Filings

Rheinmetall Posts Rise in Sales, Expects Higher Growth

Germany's biggest arms manufacturer expects large-volume orders in the naval and vehicles businesses, and full-scale production at the company's ammunition plant in Spain after an explosion last year.

6 weeks ago - WSJ

Rheinmetall CEO flags stronger Q2 growth on naval, vehicle orders

Rheinmetall CEO Armin ​Papperger said on ‌Thursday that the German defence company ​expects stronger ​growth in the ⁠second quarter in ​particular due ​to large-volume orders in the naval and ​vehicle...

6 weeks ago - Reuters

Germany's Rheinmetall seeks 12 billion euros to rescue warship deal, says FT

Rheinmetall is seeking about 12 billion euros ($14 billion) from Germany ​to take over the country's ‌troubled F126 frigate programme, lifting the total cost of six warships to roughly ​14 billion eur...

6 weeks ago - Reuters

Rheinmetall shares down 1.8% in premarket trade after Q1 revenue misses expectations

Shares in Rheinmetall were down 1.8% ​in premarket trading on ‌Tuesday after the German defence company reported ahead of ​schedule that first-quarter revenue ​had fallen short of market ⁠expectations...

6 weeks ago - Reuters

Rheinmetall's quarterly revenue rises 7.7% to $2.27 billion

German defence ​group ‌Rheinmetall's first-quarter ​revenue ​rose 7.7% to ⁠1.94 ​billion ​euros ($2.27 billion) from ​a ​year earlier, it ‌said ⁠in a statement ​on ​Monday.

6 weeks ago - Reuters

Rheinmetall wins multibillion-euro deal to supply German army drones

Rheinmetall ​has signed ‌a framework ​agreement ​worth billions ⁠of ​euros to ​supply the German ​army ​with FV-014 ‌loitering ⁠munition systems, it ​said ​in ⁠a statement ​on ​Wednesday.

2 months ago - Reuters

European defence stocks cool as investors reassess war winners

Investors have cooled on European defence stocks as profit taking and stretched valuations collide with growing uncertainty over the future of warfare, with the Iran conflict again highlighting the ef...

2 months ago - Reuters

German cartel office approves Rheinmetall subsidiary, OHB satellite joint venture

Rheinmetall Digital and German satellite ​maker OHB are ‌permitted to establish a joint venture to handle ​a future procurement ​contract from the German ⁠armed forces, the ​German cartel office said ...

2 months ago - Reuters

Rheinmetall and Destinus team up in new missile venture

Germany's Rheinmetall and Destinus, ​a Netherlands-based European ‌defence technology company, have agreed ​to establish ​a joint venture to ⁠supply advanced ​missile systems, ​the companies said on M...

2 months ago - Reuters

Defense's Silicon Valley pivot: Ukraine, Iran wars challenge the legacy playbook

Global defense's legacy model has come under pressure as the wars in Ukraine and Iran highlight the need for more cost-effective solutions with shorter lead times. Silicon Valley start-up Tiberius Aer...

2 months ago - CNBC

THEON Signs Strategic Agreement with RHEINMETALL for the Development and Supply of the PHYLAX Stabilized Multi-Sensor System

PRESS RELEASE Bloomberg (THEON:NA) / Reuters (THEON.AS) 8 April 2026 – Theon Sensors SA, a fully owned subsidiary of Theon International Plc (THEON) , has signed a strategic agreement with Rheinmetall...

2 months ago - GlobeNewsWire

Rheinmetall and Boeing Australia to Supply Combat Aircraft to German Military

Arms maker Rheinmetall said it struck a deal with Boeing's Australian business to offer autonomous combat aircraft for the German armed forces.

2 months ago - WSJ

Rheinmetall AG Slides: Investor presentation

Rheinmetall AG has posted slides in relation to its latest quarterly earnings report, which was published on March 24, 2026.

3 months ago - Filings

These charts show the size of Europe's defense boom, as companies take stock of the Iran war

Leonardo disclosed its mid-term plan and targets, including doubling profits by 2030, sending shares up as much as 9%. Rheinmetall said Wednesday that it expects sales to grow between 40% and 45% in 2...

3 months ago - CNBC