Knorr-Bremse/€KBX

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About Knorr-Bremse

Knorr-Bremse AG, publicly traded under the ticker KBX, is a manufacturer of braking systems and other subsystems for rail and commercial vehicles. Operating primarily in the industrial sector, the company was established in 1905 and is headquartered in Munich, Germany. Knorr-Bremse differentiates itself by providing advanced solutions that enhance safety and efficiency for transport systems worldwide.
Ticker
€KBX
Primary listing
XETRA
Employees
26,629
Headquarters
Munich, Germany

Knorr-Bremse Metrics

BasicAdvanced
€17B
28.75
€3.64
1.11
€1.90
1.82%

What the Analysts think about Knorr-Bremse

Analyst ratings (Buy, Hold, Sell) for Knorr-Bremse stock.
Analyst projections of the future price of Knorr-Bremse stock.

Bulls say / Bears say

Knorr-Bremse delivered Q2 2026 organic revenue growth of 6.4% YoY to €2.1 billion, achieved an operating EBIT margin of 14.2% surpassing its BOOST target, record order backlog of €7.9 billion, free cash flow up 80% to €262 million, prompting an upgrade to FY 2026 guidance to €8.1–8.3 billion revenue and 14.0–14.5% EBIT margin. (Knorr-Bremse IR)
Knorr-Bremse’s Q1 2026 operating EBIT rose 11% to €261 million, reflecting continued operational leverage and cost discipline early in the year. (Reuters)
The company proposed a 9% dividend hike to €1.90 per share for FY 2025, underscoring robust free cash flow generation and a shareholder-friendly capital allocation policy. (Reuters)
Analysts at JPMorgan and Citigroup downgraded KBX to Neutral, citing a 48% YoY slump in US heavy-truck orders and high valuation levels, highlighting exposure to cyclical weakness in the truck division. (Reuters)
The sale of its Merak HVAC business, representing approximately €360 million in expected 2026 revenue, narrows KBX’s diversification and may reduce stable aftermarket income. (Knorr-Bremse IR)
KBX’s Truck division profitability trails Rail, with H1 2026 operating EBIT margin at 11.7% versus 17.1%, reflecting ongoing structural cost pressures and slower market recovery in the more cyclical truck segment. (Knorr-Bremse IR)
Data summarised monthly by Lightyear AI. Last updated on 30 Aug 2026.

Knorr-Bremse Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Knorr-Bremse Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing Knorr-Bremse

AllEURGBPUSD
Funds
Fund name
Fund size
€KBX weighting
iShares MDAX€EXS3
€1.5B4.42%
iShares MDAX€EXID
€34M4.29%
iShares Dax ESG€EXIA
€127M1.22%
iShares EURO STOXX Mid€DJMC
€572M0.90%
iShares EURO STOXX Mid Cap£DJMC
£491M0.90%
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.