Heidelberg Materials AG Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 12, 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
Market Capitalization	28,399	39,336	21,287	15,014	10,252	11,533
Market Cap Growth	6.36%	84.79%	41.78%	46.46%	-11.11%	-5.06%
Enterprise Value	35,295	47,623	29,146	22,903	18,418	20,336
Last Close Price	161.35	223.20	117.57	77.34	49.17	52.50
PE Ratio	14.63	20.27	11.95	7.78	6.42	6.56
PS Ratio	1.32	1.83	1.00	0.71	0.48	0.61
PB Ratio	1.47	2.04	1.07	0.82	0.58	0.69
P/TBV Ratio	3.21	4.45	2.27	1.76	1.29	1.63
P/FCF Ratio	15.02	20.81	11.15	7.77	9.15	12.65
P/OCF Ratio	8.73	12.09	6.59	4.68	4.24	4.81
EV/Sales Ratio	1.64	2.22	1.37	1.08	0.87	1.08
EV/EBITDA Ratio	7.53	10.61	7.43	6.19	5.91	6.50
EV/EBIT Ratio	10.42	14.93	10.17	8.38	8.82	9.50
EV/FCF Ratio	18.67	25.20	15.27	11.85	16.44	22.30
Debt / Equity Ratio	0.44	0.44	0.43	0.47	0.40	0.49
Debt / EBITDA Ratio	1.87	1.87	2.05	2.19	2.12	2.44
Debt / FCF Ratio	4.44	4.44	4.48	4.46	6.35	9.02
Net Debt / Equity Ratio	0.30	0.30	0.27	0.29	0.32	0.31
Net Debt / EBITDA Ratio	1.28	1.28	1.36	1.44	1.81	1.63
Net Debt / FCF Ratio	3.05	3.05	2.79	2.75	5.04	5.59
Asset Turnover	0.59	0.59	0.58	0.62	0.63	0.57
Inventory Turnover	2.74	2.74	2.78	3.02	3.56	3.46
Quick Ratio	0.81	0.81	0.80	0.78	0.65	0.77
Current Ratio	1.24	1.24	1.27	1.20	1.16	1.16
Return on Equity (ROE)	11.07%	11.07%	9.82%	12.17%	10.11%	12.48%
Return on Assets (ROA)	5.43%	5.43%	4.92%	4.97%	3.90%	4.05%
Return on Invested Capital (ROIC)	9.46%	9.42%	8.51%	8.95%	7.25%	6.64%
Return on Capital Employed (ROCE)	10.90%	10.90%	9.50%	9.70%	7.70%	8.00%
Earnings Yield	6.83%	4.93%	8.37%	12.85%	15.57%	15.25%
FCF Yield	6.66%	4.81%	8.97%	12.88%	10.93%	7.91%
Dividend Yield	1.89%	-	2.81%	3.88%	5.29%	4.57%
Payout Ratio	30.34%	30.34%	30.65%	25.10%	28.71%	24.82%
Buyback Yield / Dilution	1.57%	1.57%	2.39%	2.13%	4.20%	0.56%
Total Shareholder Return	3.47%	1.57%	5.20%	6.01%	9.48%	5.13%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.