HOCHTIEF AG/€HOT

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About HOCHTIEF AG

HOCHTIEF AG is a multinational construction company that operates primarily within the infrastructure and construction industries. The company focuses on designing, building, and managing large-scale infrastructure projects, including transportation systems, social, urban, and energy infrastructure. Headquartered in Essen, Germany, HOCHTIEF has significant operations across North America, Europe, the Asia-Pacific region, and the Middle East. Since its founding in 1874, it has developed a diversified portfolio, which includes subsidiaries like Turner Construction in the United States and CIMIC Group Limited in Australia. HOCHTIEF's strategic positioning is marked by strong project management expertise, a diversified global presence, and a focus on sustainable construction practices.
Ticker
€HOT
Primary listing
XETRA
Employees
63,483
Headquarters
Essen, Germany

HOCHTIEF AG Metrics

BasicAdvanced
€28B
31.83
€11.81
0.79
€6.60
1.76%

Bulls say / Bears say

HOCHTIEF reported a record order backlog of EUR 84.8 billion at end-H1 2026, up 23 % yoy, providing approximately two years of revenue visibility across North America, Australia and Europe (HOCHTIEF)
Outstanding operating cash flow reached EUR 2.4 billion LTM pre-factoring, up EUR 396 million year-on-year, underpinning strong liquidity and balance-sheet flexibility (HOCHTIEF)
Data-center orders more than doubled over the past 12 months, with major awards for Meta in North America and NTT Global Data Centers in Berlin, bolstering exposure to high-growth digital infrastructure projects (HOCHTIEF)
Despite a 60 bps improvement, HOCHTIEF’s H1 2026 operational profit-before-tax margin was only 3.8 %, leaving limited buffer against cost overruns and margin erosion (Investing.com)
The boost to 2026 profit guidance was driven predominantly by Turner’s U.S. data-center business, heightening HOCHTIEF’s reliance on a single segment that could face cyclical tech-capex downturns (HOCHTIEF)
Industry-wide raw material and labour inflation remains elevated, with contractors forecasting around 3 % construction inflation in 2026, potentially squeezing HOCHTIEF’s narrow margins if it cannot fully pass costs onto clients (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 29 Aug 2026.

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Market data provided by CBOE Europe and Deutsche Börse.