BKW AG/Fr. BKW
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About BKW AG
BKW AG is a Swiss energy company primarily involved in the generation, distribution, and sale of electricity. Its core business covers power production, with a significant focus on renewable energy sources, including hydroelectric, solar, and wind power. The company also provides services in the areas of energy efficiency, building technology, and infrastructure engineering. Founded in 1898, BKW is headquartered in Bern, Switzerland, and operates a substantial distribution network within the region while expanding its services across Europe. BKW's strategic positioning is strengthened by its integrated approach to energy solutions, combining traditional energy supply with innovative services in engineering and consulting, aiming for a sustainable energy future.
- Ticker
- Fr. BKW
- Sector
- Utilities
- Primary listing
- XSWX
- Employees
- 12,592
- Headquarters
- Bern, Switzerland
- Website
- www.bkw.ch
BKW AG Metrics
BasicAdvanced
CHF 6.5B
17.55
CHF 7.05
0.11
CHF 3.80
3.07%
Price and volume
Market cap
CHF 6.5B
Beta
0.11
52-week high
CHF 181.60
52-week low
CHF 115.10
Average daily volume
60K
Dividend rate
CHF 3.80
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)
714.8
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)
CHF 340,000
Management effectiveness
Return on assets (TTM)
2.63%
Return on equity (TTM)
6.96%
Valuation
Price to earnings (TTM)
17.551
Price to revenue (TTM)
1.546
Price to book
1.18
Price to tangible book (TTM)
1.58
Price to free cash flow (TTM)
23.99
Free cash flow yield (TTM)
4.17%
Free cash flow per share (TTM)
5.156
Dividend yield (TTM)
3.07%
Forward dividend yield
3.07%
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%
Bulls say / Bears say
BKW’s regulated grid business proved resilient, while it invested CHF 87.5 million in its distribution network and expanded connections for renewable generators. That gives it a stable base and a clear role in the energy transition. (BKW)
Infrastructure & Buildings improved first-half EBIT by 12.8% and lifted its margin, supported by a strong order book for engineering and high-voltage line projects. This shows the services business can grow profitably even when energy earnings are under pressure. (BKW)
BKW brought its 125 MW Cerignola wind farm into operation, adding expected annual output of more than 310 GWh. New renewable capacity could support longer-term growth as the company expands its generation portfolio. (BKW)
First-half EBIT fell 15.1% and revenue declined 3.1%; BKW now expects full-year EBIT at the lower end of its CHF 650–750 million target range. The weaker outlook leaves less room for disappointment in the second half. (BKW)
Energy Solutions EBIT fell 24.2% as drought and weak winds cut generation and disruption in power trading weighed on results. This highlights BKW’s exposure to weather and volatile markets, even as it adds renewable capacity. (VermögensZentrum)
BKW recorded a nearly CHF 110 million impairment on its 33% stake in Germany’s Wilhelmshaven coal-fired plant after lowering expected production. The write-down highlights the risk of further value loss from legacy generation assets. (Agefi)
Data summarised monthly by Lightyear AI. Last updated on 7 Oct 2026.
Upcoming events
No upcoming events
Funds containing BKW AG
AllEURUSDGBP
Fund name | Fund size | Fr. BKW weighting |
|---|---|---|
Global X European Infrastructure Development$BRIJ | €578M | 1.26% |
Global X European Infrastructure Development£BRIP | €578M | 1.26% |
iShares STOXX Europe 600 Utilities€EXH9 | €800M | 0.41% |
SPDR MSCI World Utilities€WUTI | $91M | 0.13% |
Xtrackers MSCI World Utilities$XDWU | $959M | 0.13% |
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.