Carlsberg A/S/DKr CARL B
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Carlsberg A/S
Carlsberg A/S is a global brewing company based in Copenhagen, Denmark. It is known for producing a wide range of beer brands, including its flagship Carlsberg beer, as well as Tuborg and Kronenbourg. Founded in 1847, the company has expanded its operations worldwide, with a significant presence in Western Europe, Eastern Europe, and Asia. Carlsberg operates through various segments, including beer, soft drinks, and bottled water. The company emphasizes sustainability and innovation in its brewing processes, which contributes to its competitive strength in the beverage industry. Its strategic position is bolstered by a diverse portfolio and strong brand recognition across different international markets.
- Ticker
- DKr CARL B
- Sector
- Consumer Essentials
- Primary listing
- CSE
- Employees
- 36,527
- Headquarters
- Copenhagen, Denmark
- Website
- www.carlsberggroup.com
Carlsberg A/S Metrics
BasicAdvanced
kr 133B
20.21
kr 48.19
0.66
kr 29.00
2.98%
Price and volume
Market cap
kr 133B
Beta
0.66
52-week high
kr 1,015.00
52-week low
kr 753.20
Average daily volume
229K
Dividend rate
kr 29.00
Financial strength
Current ratio
0.658
Quick ratio
0.513
Long term debt to equity
1.142
Total debt to equity
1.342
Dividend payout ratio (TTM)
60.11%
Interest coverage (TTM)
5.62%
Profitability
EBITDA (TTM)
18,406
Gross margin (TTM)
44.99%
Net profit margin (TTM)
7.08%
Operating margin (TTM)
14.85%
Effective tax rate (TTM)
22.95%
Revenue per employee (TTM)
kr 2,470,000
Management effectiveness
Return on assets (TTM)
5.26%
Return on equity (TTM)
20.44%
Valuation
Price to earnings (TTM)
20.214
Price to revenue (TTM)
1.426
Price to book
4.66
Price to tangible book (TTM)
-2.39
Price to free cash flow (TTM)
17.18
Free cash flow yield (TTM)
5.82%
Free cash flow per share (TTM)
56.705
Dividend yield (TTM)
2.98%
Forward dividend yield
2.98%
Growth
Revenue change (TTM)
10.03%
Earnings per share change (TTM)
-26.91%
3-year revenue growth (CAGR)
7.54%
10-year revenue growth (CAGR)
3.47%
3-year earnings per share growth (CAGR)
-4.75%
10-year earnings per share growth (CAGR)
11.14%
3-year dividend per share growth (CAGR)
2.41%
10-year dividend per share growth (CAGR)
12.41%
Bulls say / Bears say
Carlsberg raised its 2026 organic operating profit growth outlook to 4–6% from 2–6%, as Britvic synergies arrived faster than planned. First-half organic operating profit grew 5.9%. (Reuters)
Growth is broadening beyond beer: first-half soft-drink volumes rose 9% and alcohol-free brews rose 11%. That gives Carlsberg more exposure to categories that can offset weaker beer demand. (Reuters)
Carlsberg is expanding Pepsi bottling into more markets, with its footprint set to rise from five markets in 2024 to 17 by 2029. Management expects bringing Pepsi production in-house in Kazakhstan to improve profits in 2027. (Investing.com)
China remains a major weakness: third-quarter volumes in Asia fell 6.7%, with weak Chinese consumer sentiment and severe rain weighing on sales. Carlsberg kept its outlook, but the continued slump limits growth in a key region. (Reuters)
Beer volumes are under pressure in Western Europe. They fell 3.9% in the first half, with weaker drinking demand adding to the challenge of growing the core beer business. (The Independent)
Carlsberg’s Baltika sale has attracted fresh scrutiny: Danish reporting said the business authority examined whether the deal involved a possible sanctions breach after questions about its financing. That leaves regulatory and reputational uncertainty around the exit. (Børsen)
Data summarised monthly by Lightyear AI. Last updated on 30 Oct 2026.
Upcoming events
No upcoming events
Funds containing Carlsberg A/S
AllEURUSD
Fund name | Fund size | DKr CARL B weighting |
|---|---|---|
iShares STOXX Europe 600 Food & Beverage€EXH3 | €319M | 2.45% |
Xtrackers MSCI Nordic£XDN0 | €1.1B | 0.88% |
iShares STOXX Europe Mid 200€EXSD | €610M | 0.69% |
Xtrackers MSCI World Consumer Staples£XWCS | $926M | 0.28% |
Xtrackers MSCI World Consumer Staples$XDWS | $926M | 0.28% |
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.