Rheinmetall AG (RNMBF)

OTCMKTS · Delayed Price · Currency is USD
555.46
0.00 (0.00%)
Sep 12, 2024, 4:00 PM EDT
105.63%
Market Cap 25.08B
Revenue (ttm) 8.71B
Net Income (ttm) 567.88M
Shares Out n/a
EPS (ttm) 12.81
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 7
Open 560.00
Previous Close 560.00
Day's Range 555.46 - 560.00
52-Week Range 244.11 - 633.00
Beta 0.70
Analysts n/a
Price Target n/a
Earnings Date Nov 7, 2024

About Rheinmetall AG

Rheinmetall AG provides mobility and security technologies worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The 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 protection solutions, such as weapons and munition, prot... [Read more]

Sector Industrials
Founded 1889
Employees 24,753
Stock Exchange OTCMKTS
Ticker Symbol RNMBF
Full Company Profile

Financial Performance

In 2023, Rheinmetall AG's revenue was 7.18 billion, an increase of 11.95% compared to the previous year's 6.41 billion. Earnings were 535.00 million, an increase of 12.87%.

Financial numbers in EUR Financial Statements

News

These European defence companies are cashing in on military budgets increase

European defence companies such as Thales and Rheinmetall have reported soaring orders as military budgets increase. Here's a look at some of the firms set to profit from the geopolitical uncertainty.

18 days ago - Euronews

Lockheed Martin, RTX And Other Defense Companies To Reap Record Cash Flow Of $52B Amid Rising Geopolitical Tensions: Report

Government orders for weapons are expected to increase due to escalating geopolitical tensions, leading to a surge in cash flow for global aerospace and defense companies over the next three years. Wh...

18 days ago - Benzinga

South Africa blocks artillery shell delivery to Poland due to fear of them being transferred to Ukraine, media says

Warsaw ordered 50,000 155-millimeter shells from the South African company Denel Munition, a subsidiary of the German arms manufacturer Rheinmetall, in which it holds a 51% stake.

21 days ago - The Kyiv Independent

Fans protest Dortmund’s sponsorship deal with arms manufacturer

DORTMUND, Germany — Borussia Dortmund supporters are planning to start the Bundesliga season with major protests against the club’s sponsorship deal with German arms manufacturer Rheinmetall.

22 days ago - BusinessMirror

Dortmund fans protest club sponsorship deal with weapons manufacturer

Borussia Dortmund fans are expected to protest against the club's sponsorship deal with German arms manufacturer Rheinmetall.

23 days ago - Euronews

Who benefits from military conflicts?

It's hard to find a more cynical place than the financial markets. Every time there is a catastrophe somewhere in the world, investors rush to look for opportunities to make money. This was the case a...

24 days ago - Forexlive

Shares of German arms companies fall amid debate over aid to Ukraine, Spiegel says

Shares of German arms maker Rheinmetall, which have risen 28% over the past two weeks, fell 5% on Aug. 19 as soon as the markets opened, although by midday, the decline had been reduced to nearly 3%, ...

25 days ago - The Kyiv Independent

Rheinmetall Falls on Reports of German Military Aid Cut to Ukraine

The German government is set to stop meeting new requests for military support from Kyiv with immediate effect, the Frankfurter Allgemeine Zeitung reported on Saturday.

25 days ago - The Wall Street Journal

Rheinmetall: What Is Left After A 125% Surge On Growing War Concerns?

Rheinmetall stock has surged over 125% since August 2022, with strong Q2 results and a promising pipeline of opportunities. Find out why I rate RNMBF a buy.

4 weeks ago - Seeking Alpha

Rheinmetall to buy military vehicle parts maker Loc Performance in $950 mln deal

Rheinmetall would buy U.S.-based military vehicle parts maker Loc Performance in a $950 million deal, the German defense group said on Tuesday.

4 weeks ago - Reuters

Rheinmetall AG (RNMBF) Q2 2024 Earnings Call Transcript

Rheinmetall AG (OTCPK:RNMBF) Q2 2024 Results Conference Call August 8, 2024 8:00 AM ET Company Participants Armin Papperger - Chief Executive Officer Dagmar Steinert - Chief Financial Officer Conferen...

5 weeks ago - Seeking Alpha

Rheinmetall expects up to 25 bln eur in orders for JV with Leonardo

Rheinmetall expects orders worth up to 25 billion euros ($27.27 billion) from the Italian government for its joint tank-building venture with defence manufacturer Leonardo , the German defence group's...

5 weeks ago - Reuters

German orders drive strong rise in Rheinmetall backlog in H1

German defence group Rheinmetall said on Thursday that its backlog rose significantly in the first six months due to a strong rise in orders from Germany and for the aid of Ukraine.

5 weeks ago - Reuters

Rheinmetall confirms 2024 guidance as Q2 sales beat expectations

German defence group Rheinmetall confirmed its full-year guidance on Wednesday after its second-quarter sales and operating result beat market expectations due to thanks to its weapons and munitions d...

7 weeks ago - Reuters

Russia's Hybrid Warfare: US, Germany Foil Russian Plot to Kill Rheinmetall CEO

US and German security services foiled a Russian plot to assassinate the chief executive officer of Rheinmetall, a German arms manufacturer that produces weapons for Ukraine, according to people famil...

2 months ago - Bloomberg Markets and Finance

Rheinmetall CEO expects order backlog of 60-70 bln euros at end-2024

German arms maker Rheinmetall expects its order backlog to grow to 60 billion to 70 billion euros ($65-$76 billion) by the end of the year, its Chief Executive Armin Papperger told Frankfurter Allgeme...

2 months ago - Reuters

Rheinmetall, Leonardo say deal paves way for EU defence consolidation

The newly-formed joint venture between Germany's Rheinmetall and Italy's Leonardo is a first step in the consolidation of the European defence vehicle sector, the chief executives of the two groups sa...

2 months ago - Reuters

Italy plans 20 bln euro tank order from Germany's Rheinmetall, reports Handelsblatt

The Italian government is planning to buy Panther main battle tanks and Lynx armoured fighting vehicles from German defence group Rheinmetall for around 20 billion euros ($21.48 billion), Germany's Ha...

2 months ago - Reuters

Rheinmetall, Torsus partner up for special operations vehicles

German defence group Rheinmetall's military vehicle division and Czech heavy-duty off-road bus maker Torsus have formed a strategic partnership to adapt the MAN TGE and Torsus Terrastorm models for sp...

2 months ago - Reuters

Continental turns to arms maker Rheinmetall to help workers find new jobs

German autos supplier Continental is working with Rheinmetall to offer job opportunities for Continental workers at the arms maker, a sign of rising labour demand in defence even as other industries w...

3 months ago - Reuters

German army to boost Rheinmetall artillery shell order by 200,000, document shows

The German army intends to order 200,000 more artillery shells from armsmaker Rheinmetall than it had planned, a letter seen by Reuters on Tuesday from the Defence Ministry to parliament's budget comm...

3 months ago - Reuters

Rheinmetall: Here Is A Way To Capitalize On Reversal Of European Peace Dividend

Rheinmetall stock has seen impressive performance, more than doubling since coverage began, outperforming the S&P 500. Q1 results show strong growth in sales and earnings, particularly in weapon and a...

4 months ago - Seeking Alpha

Rheinmetall AG (RNMBF) Q1 2024 Earnings Call Transcript

Rheinmetall AG (OTCPK:RNMBF) Q1 2024 Results Conference Call May 14, 2024 2:30 AM ET Company Participants Dagmar Steinert - CFO Conference Call Participants Sven Weier - UBS Virginia Montorsi - Bank o...

4 months ago - Seeking Alpha

Rheinmetall's civil unit suffered cyberattack that cost $10 million

Rheinmetall's civil unit suffered a cyberattack in April last year that cost the German arms manufacturer 10 million euros ($10.80 million), Chief Financial Officer Dagmar Steinert said at the annual ...

4 months ago - Reuters

Rheinmetall Misses Forecasts in Slow Quarter

Rheinmetall posted sales and earnings below expectations for the first quarter, but confirmed its annual guidance as governments continued to place orders for ammunition, air-defense systems and other...

4 months ago - WSJ