BKW AG/€BKW
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About BKW AG
BKW AG is a Swiss utility company primarily engaged in the energy sector. It focuses on the production, transmission, and distribution of electricity, serving both commercial and residential customers. The company's operations include renewable energy generation, traditional power plants, and energy services that encompass consulting and contracting. Founded in 1898, BKW AG is headquartered in Bern, Switzerland, and operates principally within the Swiss market, with an expanding presence in international energy networks and infrastructure services. The company leverages its expertise in sustainable energy solutions to maintain a strategic position in the transition to greener energy sources, enhancing its competitive strengths in the energy industry.
- Ticker
- €BKW
- Sector
- Utilities
- Primary listing
- XGAT
- Employees
- 12,592
- Headquarters
- Bern, Switzerland
- Website
- www.bkw.ch
BKW AG Metrics
BasicAdvanced
€7.2B
17.97
€7.64
0.11
€4.15
3.02%
Price and volume
Market cap
€7.2B
Beta
0.11
52-week high
€190.00
52-week low
€129.70
Average daily volume
60K
Dividend rate
€4.15
Financial strength
Current ratio
1.777
Quick ratio
1.425
Long term debt to equity
0.301
Total debt to equity
0.316
Dividend payout ratio (TTM)
53.90%
Interest coverage (TTM)
6.35%
Profitability
EBITDA (TTM)
774.522
Gross margin (TTM)
47.60%
Net profit margin (TTM)
8.81%
Operating margin (TTM)
11.16%
Effective tax rate (TTM)
23.29%
Revenue per employee (TTM)
€368,400
Management effectiveness
Return on assets (TTM)
2.63%
Return on equity (TTM)
6.96%
Valuation
Price to earnings (TTM)
17.965
Price to revenue (TTM)
1.583
Price to book
1.21
Price to tangible book (TTM)
1.62
Price to free cash flow (TTM)
24.557
Free cash flow yield (TTM)
4.07%
Free cash flow per share (TTM)
5.587
Dividend yield (TTM)
3.02%
Forward dividend yield
3.02%
Growth
Revenue change (TTM)
-5.21%
Earnings per share change (TTM)
-19.14%
3-year revenue growth (CAGR)
-5.84%
10-year revenue growth (CAGR)
5.65%
3-year earnings per share growth (CAGR)
-23.14%
10-year earnings per share growth (CAGR)
2.92%
3-year dividend per share growth (CAGR)
10.72%
10-year dividend per share growth (CAGR)
9.04%
What the Analysts think about BKW AG
Analyst ratings (Buy, Hold, Sell) for BKW AG stock.
Analyst projections of the future price of BKW AG stock.
Bulls say / Bears say
Infrastructure & Buildings improved first-half EBIT by 12.8%, with a strong order book in higher-margin engineering and high-voltage work. That gives BKW a source of growth beyond electricity generation. (BKW Gruppe)
BKW is expanding its German wind portfolio with a 33.6 MW farm expected to produce over 80 GWh a year; long-term German support secures sales of its output. This adds renewable generation with clearer revenue visibility. (BKW Gruppe)
Construction has begun on the Waltrop battery project, in which BKW has a 300 MW share, with commercial operation targeted for the second half of 2028. The project could position BKW to benefit from growing demand for electricity-system flexibility. (Enerdata)
First-half operating income fell 3.1% and EBIT dropped 15.1%, as low hydro and wind output and trading-market disruption hit Energy Solutions. BKW now expects 2026 EBIT at the lower end of its CHF 650–750 million target range. (BKW Gruppe, SWI swissinfo.ch)
Lower electricity prices locked in for 2027 and 2028 could weigh on earnings as BKW’s earlier high-price hedges roll off. One fund manager cited in The Market expects profits to reach a trough in 2027. (The Market)
BKW’s investment programme may put pressure on shareholder returns: recent free cash flow did not fully cover the dividend, while lower allowed grid returns and projects not yet assigned to specific investments raise questions about delivery and returns. (The Market)
Data summarised monthly by Lightyear AI. Last updated on 3 Nov 2026.
BKW AG Financial Performance
Revenues and expenses
BKW AG Earnings Performance
Company profitability
Upcoming events
No upcoming events
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.