Rheinmetall AG Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Revenue	9,568	9,935	7,715	7,176	6,410	5,658
Revenue Growth (YoY)	-4.03%	28.78%	7.51%	11.95%	13.29%	4.68%
Cost of Revenue	4,407	4,731	3,561	3,239	3,030	2,628
Gross Profit	5,161	5,204	4,154	3,937	3,380	3,030
Selling, General & Admin	2,289	2,314	1,844	2,047	1,836	1,643
Depreciation & Amortization Expenses	396	406	284	308	249	251
Other Operating Expenses	783	799	755	685	556	528
Total Operating Expenses	3,468	3,519	2,883	3,040	2,641	2,422
Operating Income	1,692	1,684	1,270	897	738	608
Interest Income	4	4	14	29	12	4
Interest Expense	-215	-116	-116	-111	-32	-31
Total Non-Operating Income (Expense)	-211	-112	-102	-82	-20	-27
Pretax Income	1,585	1,572	1,168	815	718	582
Provision for Income Taxes	396	396	328	185	183	150
Net Income	759	696	717	535	474	291
Minority Interest in Earnings	97	139	91	51	66	41
Earnings From Discontinued Operations	-331	-341	-32	-44	6	-100
Net Income to Common	759	696	717	535	474	291
Net Income Growth	-3.06%	-2.93%	34.02%	12.87%	62.89%	-
Shares Outstanding (Basic)	46	45	43	43	43	43
Shares Outstanding (Diluted)	47	47	47	46	43	43
Shares Change (YoY)	-0.02%	-	0.69%	6.87%	0.18%	0.26%
EPS (Basic)	15.88	15.38	16.51	12.32	10.94	6.72
EPS (Diluted)	15.63	15.16	15.96	12.07	10.94	6.72
EPS Growth	-6.41%	-5.01%	32.23%	10.33%	62.80%	-
Shares Outstanding	46.14	45.88	43.44	43.42	43.38	43.3
Free Cash Flow	843	1,415	988	345	-175	419
Free Cash Flow Growth	-40.42%	43.22%	186.38%	-	-	93.98%
Free Cash Flow Per Share	18.07	30.33	21.17	7.44	-4.04	9.68
Dividends Per Share	11.500	11.500	8.100	5.700	4.300	3.300
Dividend Growth	-	41.98%	42.10%	32.56%	30.30%	65.00%
Gross Margin	53.94%	52.38%	53.84%	54.86%	52.73%	53.55%
Operating Margin	17.68%	16.95%	16.46%	12.50%	11.51%	10.75%
Profit Margin	12.41%	11.84%	10.89%	8.78%	8.33%	7.64%
FCF Margin	8.81%	14.24%	12.81%	4.81%	-2.73%	7.41%
EBITDA	2,204	2,185	1,673	1,205	987	862
EBITDA Margin	23.04%	21.99%	21.68%	16.79%	15.40%	15.24%
EBIT	1,692	1,684	1,270	897	738	608
EBIT Margin	17.68%	16.95%	16.46%	12.50%	11.51%	10.75%
Effective Tax Rate	24.98%	25.19%	28.08%	22.70%	25.49%	25.77%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.