Rheinmetall/€RHM
1D1W1MYTD1Y5YMAX
Capital at risk
About Rheinmetall
Rheinmetall AG, often abbreviated as RHM, is a Germany-based company specializing in security and mobility solutions. It operates two primary business segments: Defense, which focuses on military products such as combat vehicles, weapons, and ammunition, and Automotive, which supplies automotive parts and systems. Founded in 1889, Rheinmetall has grown to serve both governmental and commercial markets globally, emphasizing innovation in security technologies and automotive components.
- Ticker
- €RHM
- Sector
- Industrials
- Primary listing
- XETRA
- Employees
- 29,636
- Headquarters
- Düsseldorf, Germany
- Website
- www.rheinmetall.com
Rheinmetall Metrics
BasicAdvanced
€47B
65.77
€15.46
0.44
€11.50
1.13%
Price and volume
Market cap
€47B
Beta
0.44
52-week high
€2,007.00
52-week low
€902.50
Average daily volume
163K
Dividend rate
€11.50
Financial strength
Current ratio
1.002
Quick ratio
0.353
Long term debt to equity
0.215
Total debt to equity
0.516
Dividend payout ratio (TTM)
74.83%
Interest coverage (TTM)
14.58%
Profitability
EBITDA (TTM)
2,310
Gross margin (TTM)
52.21%
Net profit margin (TTM)
6.26%
Operating margin (TTM)
16.87%
Effective tax rate (TTM)
25.64%
Revenue per employee (TTM)
€390,000
Management effectiveness
Return on assets (TTM)
6.83%
Return on equity (TTM)
25.69%
Valuation
Price to earnings (TTM)
65.773
Price to revenue (TTM)
4.111
Price to book
9.54
Price to tangible book (TTM)
47.13
Price to free cash flow (TTM)
119.989
Free cash flow yield (TTM)
0.83%
Free cash flow per share (TTM)
8.473
Dividend yield (TTM)
1.13%
Forward dividend yield
1.13%
Growth
Revenue change (TTM)
49.21%
Earnings per share change (TTM)
-14.49%
3-year revenue growth (CAGR)
20.05%
10-year revenue growth (CAGR)
7.79%
3-year earnings per share growth (CAGR)
11.48%
10-year earnings per share growth (CAGR)
14.36%
3-year dividend per share growth (CAGR)
38.81%
10-year dividend per share growth (CAGR)
26.45%
What the Analysts think about Rheinmetall
Analyst ratings (Buy, Hold, Sell) for Rheinmetall stock.
Analyst projections of the future price of Rheinmetall stock.
Bulls say / Bears say
Rheinmetall’s first-half 2026 sales rose 39% to €5.2bn and operating profit rose 74% to €786m. Management still expects an operating margin of around 19% for the full year, despite the F126 setback. (Rheinmetall)
Demand remains strong: second-quarter revenue rose about 69% and operating profit reached €562m, while new nominations of €11.371bn lifted the backlog above €80bn. This gives the group substantial multi-year revenue visibility. (Rheinmetall)
A German Army framework agreement worth billions optionally covers a five-figure number of FV-014 autonomous reconnaissance and strike drones, with first deliveries due in 2027 and an initial call-off of about €300m. It broadens Rheinmetall’s growth beyond conventional ammunition and vehicles. (Reuters)
Germany’s cancellation of the F126 frigate programme removed up to €300m from 2026 naval sales and forced Rheinmetall to cut its full-year revenue guidance to €13.7bn–€14.2bn. It shows that even large defence programmes can be reversed. (Rheinmetall)
Operating free cash flow was negative €1.616bn in the first half, as inventory build-up, high investment and shifted customer advance payments absorbed cash. Execution and cash collection therefore need to catch up with the company’s strong accounting profit. (Rheinmetall)
The prospective Arminius Boxer programme is not yet fully secured: the initial €12.4bn Rheinmetall revenue expectation still requires parliamentary approval, while further options taking the wider programme towards €77bn are neither agreed nor funded. Delays or a smaller award would make backlog conversion slower than investors expect. (Defence Industry)
Data summarised monthly by Lightyear AI. Last updated on 17 Sept 2026.
Rheinmetall Financial Performance
Revenues and expenses
Rheinmetall Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Rheinmetall
AllEURGBPUSD
Fund name | Fund size | €RHM weighting |
|---|---|---|
Wisdomtree Europe Defence€EUDF | €4.9B | 13.60% |
Wisdomtree Europe Defence£WDEP | £4.2B | 12.57% |
Amundi Stoxx Europe Defense£DEFE | £141M | 9.90% |
Amundi DAX III€DAX | €658M | 4.52% |
Amundi DAX II£DAXX | £572M | 4.15% |
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.