Siemens Aktiengesellschaft (SIEGY)
| Market Cap | 146.05B |
| Revenue (ttm) | 83.74B |
| Net Income (ttm) | 10.12B |
| Shares Out | 1.57B |
| EPS (ttm) | 2.46 |
| PE Ratio | 16.02 |
| Forward PE | 16.29 |
| Dividend | $2.56 (2.75%) |
| Ex-Dividend Date | Feb 9, 2024 |
| Volume | 17,595 |
| Open | 91.96 |
| Previous Close | 93.66 |
| Day's Range | 91.96 - 92.85 |
| 52-Week Range | 63.31 - 101.97 |
| Beta | 1.27 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Aug 10, 2023 |
About SIEGY
Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments. The Digital Industries segment provides automation systems and software for factories, numerical control systems, servo motors, drives and inverters, and integrated automation systems for machine to... [Read more]
Financial Performance
In 2023, SIEGY's revenue was 77.77 billion, an increase of 8.05% compared to the previous year's 71.98 billion. Earnings were 8.53 billion, an increase of 94.19%.
Financial numbers in EUR Financial StatementsNews
Siemens pension funds cuts Siemens Energy stake to below 10%, filing shows
Siemens AG's pension fund has cut its stake in Siemens Energy by nearly 3%, a filing showed on Tuesday.
The Seven Wonders of Europe adds to bull market in acronyms
Forget AI plays, meme stocks, gold, even cocoa futures — the biggest bull market right now is in equity acronyms.
Siemens to acquire drive technology division from ebm-papst
Siemens plans to acquire ebm-papst's industrial drive technology division as the German conglomerate seeks to expand it factory automation business, both firms said on Thursday.
Siemens shares drop as CFO says China difficulties continue
Shares of Siemens AG slumped Tuesday as the company's chief financial officer said it's still struggling in China.
Siemens to continue winding down Siemens Energy stake, keep majority in Healthineers
Siemens intends to remain majority shareholder in Siemens Healthineers and also continue to reduce its holding in Siemens Energy , Siemens AG CEO Roland Busch said on Thursday.
Siemens CEO: There are multiple reasons for weakness in China business
Siemens CEO Roland Busch discusses the challenges the German conglomerate is facing in China and how the situation may be improved in 2024.
Siemens First Quarter Beats Guidance
Siemens confirmed its outlook for 2024 after it reported an increase in profit for the first quarter, reflecting earnings growth across most of its businesses.
Siemens CEO to get second term after contract ends - Handelsblatt
Siemens shareholder and employee representatives want to extend the contract of Chief Executive Roland Busch and offer him a second term in office, German business daily Handelsblatt reported on Tuesd...
Siemens US Is Expanding Footprint
Siemens US Chief Executive Officer Barbara Humpton discusses the company's plans to invest $510 million to expand its US manufacturing capacity and build a new electrical-equipment plant in Texas as p...
India's Siemens to explore energy business spin-off, shares jump to record high
India's Siemens Ltd will explore a spin-off of its energy business at the behest of some of its stakeholders, the electrical appliances-maker said on Monday, sending its shares to a record high.
Siemens nets record profits, but outlook cautious
German industrial giant Siemens on Thursday gave a cautious sales forecast for 2024, after netting a record profit in the previous financial year driven by its digital division.
Siemens CEO: We just closed another record year
Siemens CEO Roland Busch reports record revenue for the company's fiscal year.
Siemens CEO on China Outlook, German Economy's Future
German industrial company Siemens expects a slowdown in revenue growth, between 4 and 8 percent, for fiscal 2024 with demand for factory automation products in China still in recovery mode. The slower...
Siemens beats earnings forecasts, says sales growth to slow in 2024
Siemens on Thursday posted a 10% rise in revenue growth for its fiscal fourth quarter to a record high of 21.4 billion euros ($23.2 billion), beating forecasts.
Siemens AG to buy Siemens Energy's stake in Indian JV at 15% discount
Siemens AG said on Wednesday that intends to buy an 18% share from Siemens Energy in their Indian joint venture Siemens Ltd for 2.1 billion euros ($2.28 billion), reflecting a discount of 15% on the a...
Siemens loses London lawsuit over 2 bln stg HS2 contract
Siemens on Monday lost a legal challenge over a 2 billion pound ($2.48 billion) contract to build a fleet of new trains for Britain's beleaguered HS2 high-speed rail project.
Siemens AG seeks discount for Siemens Energy's stake in Indian JV - sources
Siemens AG is seeking a discount from Siemens Energy for any possible purchases of shares in their Indian joint venture Siemens Ltd , three people familiar with the matter said.
Siemens to Invest $510 Million in US Manufacturing
Siemens CEO Roland Busch joins Caroline Hyde and Ed Ludlow to discuss their announcement of $500 million in US manufacturing investments to support rapidly growing industries like data centers, semico...
Siemens and Microsoft partner to drive cross-industry AI adoption
Companies introduce Siemens Industrial Copilot, a generative AI-powered assistant, designed to enhance human-machine collaboration and boost productivity. Companies will work together to build additio...
Turbine troubles have sent wind energy stocks tumbling — and a slew of issues remain
As the biggest players in wind energy gear up to report quarterly earnings, supply chain issues and reliability concerns are front and center.
'We are running out of time,' Siemens CEO says on energy transition
Roland Busch, Siemens CEO, says we are running out of time," on the energy transition. "We have to really take action now," he says.
Brightly Expands Executive Team to Continue Growth Under Siemens Smart Infrastructure
CARY, N.C.--(BUSINESS WIRE)--Brightly, a Siemens company and the global leader in intelligent asset management solutions, today announced the appointments of David Ly, chief marketing officer, Trey Se...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Siemens Energy AG - SMNEY
NEW YORK , July 17, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Siemens Energy AG ("Siemens" or the "Company") (OTCMKTS: SMNEY). Such investors are advised to ...
How Siemens and Alstom are preparing for a passenger rail boom in the U.S.
Railcar manufacturing revenue in the U.S., including for freight trains, is expected to reach $2.9 billion by 2028.