Rheinmetall AG Stock
€534.40
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Rheinmetall AG Stock
Rheinmetall is a German defense and automotive company that operates in the areas of security and mobility. Founded in 1889, the company is now divided into two business units: Defense and Automotive. The Defense unit provides various defense services including weapon systems, ammunition, and military vehicles, while the Automotive unit provides various automotive components to original equipment manufacturers (OEMs). The company is listed on the Frankfurt and Düsseldorf stock exchanges and operates in over 40 countries. Rheinmetall's aim is to be a leading provider of defense and mobility solutions around the world.
Pros and Cons of Rheinmetall AG in the next few years
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Performance of Rheinmetall AG vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Rheinmetall AG | -2.310% | 4.117% | 2.132% | 106.035% | 89.587% | 526.520% | 452.946% |
| Schaeffler AG | 11.440% | 0.000% | -10.339% | -12.413% | 1.248% | -25.557% | -23.861% |
| HELLA GmbH & Co. KGaA | 0.480% | 0.723% | 0.120% | 16.111% | 1.456% | 63.090% | 77.269% |
| Borgwarner Inc. | -0.500% | 9.076% | 7.995% | -15.263% | 5.423% | -20.945% | - |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.In this analysis, we'll explore the financial health of Rheinmetall, an established company in the Automobiles & Auto Parts industry. Upon initial review, the company presents a stable financial performance with room for improvement in certain areas. By delving deeper into the provided financial statements, a comprehensive overview of the company's financial position, its strengths, and areas that require attention will emerge.
Growing Revenue: Over the last three fiscal years, Rheinmetall's revenue has shown consistent growth, increasing from €5.875 billion in 2020 to €5.658 billion in 2021 and €6.410 billion in 2022. This upwards trend indicates that the company has been effectively expanding its market presence and capturing additional business opportunities.
Higher Gross Profit: Rheinmetall has managed to increase its gross profit, moving from €2.945 billion in 2020 to €3.030 billion in 2021 and €3.380 billion in 2022. This demonstrates that the company has been successfully managing its cost of goods sold (COGS) and potentially improving its product mix. A rising gross profit suggests a solid profitability potential in the long run.
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