Rheinmetall AG Balance Sheet

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
Cash & Equivalents	1,329	1,650	1,184	850	545	1,039
Short-Term Investments	-	-	-	-	132	162
Cash & Short-Term Investments	1,329	1,650	1,184	850	677	1,201
Cash Growth	22.71%	39.36%	39.29%	25.55%	-43.63%	16.94%
Accounts Receivable	1,741	1,907	1,959	2,021	1,548	1,164
Inventory	5,717	4,721	3,989	3,244	1,976	1,651
Other Current Assets	3,088	2,622	1,099	976	976	966
Total Current Assets	11,874	10,901	8,231	7,092	5,178	4,982
Net Property, Plant & Equipment	2,567	2,300	2,187	1,641	1,346	1,270
Other Intangible Assets	1,891	1,244	1,376	952	338	287
Goodwill	2,057	1,354	1,426	1,125	483	481
Long-Term Investments	267	213	346	373	442	201
Other Long-Term Assets	949	759	777	525	309	514
Total Assets	19,606	16,772	14,344	11,707	8,096	7,734
Accounts Payable	1,415	1,186	1,151	1,222	931	809
Current Portion of Long-Term Debt	1,096	126	552	410	454	215
Unearned Revenue	6,351	5,642	3,866	2,594	1,120	1,111
Other Current Liabilities	2,501	2,117	1,213	1,233	1,161	1,206
Total Current Liabilities	11,363	9,071	6,782	5,459	3,665	3,341
Long-Term Debt	1,061	1,155	1,871	1,503	517	706
Other Long-Term Liabilities	1,166	931	1,226	1,103	823	1,066
Total Long-Term Liabilities	2,228	2,086	3,097	2,605	1,341	1,772
Total Liabilities	13,591	11,157	9,879	8,064	5,006	5,113
Common Stock	119	118	112	112	112	112
Treasury Stock	-4	-4	-4	-5	-6	-9
Additional Paid-in Capital	1,576	1,394	696	676	566	561
Retained Earnings	3,644	3,503	3,247	2,533	2,147	1,755
Total Common Shareholders' Equity	5,335	5,011	4,050	3,316	2,819	2,418
Minority Interest	680	604	414	327	271	203
Shareholders' Equity	6,015	5,614	4,465	3,643	3,090	2,620
Total Liabilities & Equity	19,606	16,772	14,344	11,707	8,096	7,734
Total Debt	2,157	1,281	2,423	1,913	971	921
Net Cash (Debt)	-828	369	-1,239	-1,063	-294	280
Net Cash Growth	-	-	-	-	-	6900.00%
Net Cash Per Share	-17.75	7.91	-26.55	-22.94	-6.78	6.47
Book Value	5,335	5,011	4,050	3,316	2,819	2,418
Book Value Per Share	114.35	107.39	86.80	71.56	65.01	55.87
Tangible Book Value	1,387	2,413	1,248	1,239	1,998	1,650
Tangible Book Value Per Share	29.73	51.71	26.75	26.74	46.08	38.12

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