Rheinmetall AG (ETR:RHM)
Germany · Delayed Price · Currency is EUR 1,155.40
-6.80 (-0.59%)
Aug 21, 2026, 5:37 PM CET
Rheinmetall AG Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Net Income | 715 | 696 | 717 | 535 | 474 | 291 |
Depreciation & Amortization | 436 | 401 | 284 | 302 | 226 | 215 |
Other Amortization | - | - | - | - | 23 | 24 |
Loss (Gain) From Sale of Assets | -37 | -24 | 103 | -59 | -5 | - |
Asset Writedown & Restructuring Costs | 17 | 17 | - | 6 | - | 15 |
Loss (Gain) on Equity Investments | -21 | -9 | 15 | -4 | -39 | 15 |
Other Operating Activities | -24 | 38 | 42 | 49 | 37 | 22 |
Change in Accounts Receivable | -13 | 93 | -102 | 39 | -39 | 63 |
Change in Other Net Operating Assets | -431 | 616 | 542 | -188 | -516 | -46 |
Operating Cash Flow | 1,313 | 2,287 | 1,720 | 743 | 174 | 690 |
Operating Cash Flow Growth | 6.14% | 32.97% | 131.49% | 327.01% | -74.78% | 52.32% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Capital Expenditures | -922 | -872 | -732 | -398 | -349 | -271 |
Sale of Property, Plant & Equipment | 7 | 10 | 10 | 2 | 19 | 3 |
Cash Acquisitions | -1,088 | -54 | -508 | -1,064 | -205 | -35 |
Divestitures | 70 | 74 | 24 | 155 | 2 | 1 |
Investment in Securities | - | - | - | 130 | - | -160 |
Other Investing Activities | 6 | -1 | 34 | - | -1 | - |
Investing Cash Flow | -1,927 | -843 | -1,172 | -1,175 | -534 | -462 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Long-Term Debt Issued | - | 71 | 793 | 1,294 | 249 | 122 |
Long-Term Debt Repaid | - | -585 | -773 | -485 | -232 | -231 |
Net Debt Issued (Repaid) | 1,126 | -514 | 20 | 809 | 17 | -109 |
Issuance of Common Stock | - | - | - | 113 | - | - |
Common Dividends Paid | -535 | -369 | -248 | -187 | -143 | -87 |
Other Financing Activities | 4 | 22 | -6 | 11 | -5 | -6 |
Financing Cash Flow | 595 | -861 | -234 | 746 | -131 | -202 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Foreign Exchange Rate Adjustments | 22 | -10 | -2 | -9 | 1 | 4 |
Miscellaneous Cash Flow Adjustments | 1 | 1 | -1 | - | - | - |
Net Cash Flow | 4 | 574 | 311 | 305 | -490 | 30 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 391 | 1,415 | 988 | 345 | -175 | 419 |
Free Cash Flow Growth | 1.56% | 43.22% | 186.38% | - | - | 93.98% |
Free Cash Flow Margin | 3.43% | 14.24% | 12.81% | 4.81% | -2.73% | 7.41% |
Free Cash Flow Per Share | 8.40 | 30.33 | 21.17 | 7.45 | -4.04 | 9.68 |
Levered Free Cash Flow | 642.77 | 979.39 | 711.21 | 526.88 | -280 | 275.25 |
Unlevered Free Cash Flow | 725.27 | 1,052 | 783.71 | 596.25 | -260 | 294.63 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 Interest Paid | - | - | - | - | - | 23 |
Cash Income Tax Paid | 449 | 355 | 351 | 157 | 154 | 72 |
Change in Working Capital | -444 | 709 | 440 | -149 | -555 | 17 |