Financials Siemens AG

Equities

SIE

DE0007236101

Electrical Components & Equipment

Real-time Estimate Tradegate Other stock markets 09:00:01 16/07/2025 pm IST			5-day change	1st Jan Change
217.88 ^EUR	-0.19%		-3.28%	+15.67%

14/07	OraSure Technologies received takeover bid from industry entrepreneur, sources say	RE
14/07	Pennant inks distribution deal with Siemens for new software roll-out	AN

Projected Income Statement: Siemens AG

Fiscal Period: September	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	57,139	62,265	71,977	77,769	75,930	79,050	83,687	89,064
Change	-	8.97%	15.6%	8.05%	-2.36%	4.11%	5.87%	6.42%
EBITDA ¹	7,601	9,091	10,759	14,163	13,577	13,969	15,444	17,009
Change	-	19.6%	18.35%	31.64%	-4.14%	2.89%	10.56%	10.13%
EBIT ¹	5,040	6,494	9,285	9,649	9,593	10,840	12,260	13,920
Change	-	28.85%	42.98%	3.92%	-0.58%	12.99%	13.11%	13.54%
Interest Paid ¹	732	-839	-943	1,033	1,048	-491	-429	-713
Earnings before Tax (EBT) ¹	5,672	7,496	7,154	11,201	11,227	11,291	12,603	14,534
Change	-	32.16%	-4.56%	56.57%	0.23%	0.57%	11.62%	15.33%
Net income ¹	4,030	6,161	3,723	7,949	8,301	9,771	8,832	10,008
Change	-	52.88%	-39.57%	113.51%	4.43%	17.7%	-9.61%	13.31%
Announcement Date	12/11/20	11/11/21	17/11/22	16/11/23	14/11/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: September	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2
Net sales ¹	13,491	15,312	14,071	14,665	16,085	17,444	16,497	17,040	17,867	20,573	18,070	19,416	18,889	21,393	18,412	19,162	18,900	20,811	18,353	19,757	19,254	21,657	18,933	19,700
Change	-	13.5%	-8.1%	4.22%	9.68%	8.45%	-5.43%	3.29%	4.85%	15.15%	-12.17%	7.45%	-2.71%	13.26%	-13.93%	4.07%	-1.37%	10.11%	-11.81%	7.65%	-2.54%	12.48%	-12.58%	4.05%
EBITDA ¹	1,873	1,731	2,407	-	-	2,178	3,025	2,386	496	4,853	2,910	3,298	2,638	3,579	-	-	-	3,517	-	-	2,600	6,822	-	-
Change	-	-7.58%	39.05%	-	-	-	38.89%	-21.12%	-79.21%	878.43%	-40.04%	13.33%	-20.01%	35.67%	-	-	-	-	-	-	-	162.34%	-	-
EBIT ¹	1,185	1,394	1,739	1,474	1,661	1,623	1,905	1,329	2,431	3,620	2,226	2,223	1,839	2,908	2,326	2,086	2,652	2,652	2,064	2,667	2,660	3,558	2,833	2,879
Change	-	17.64%	24.75%	-15.24%	12.69%	-2.29%	17.38%	-30.24%	82.92%	48.91%	-38.51%	-0.13%	-17.27%	58.13%	-20.01%	-10.32%	27.13%	0%	-22.17%	29.22%	-0.26%	33.75%	-20.37%	1.63%
Charge d'intérêts	-	-	-	-	224	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	1,408	1,453	1,964	1,984	1,708	1,841	2,447	1,751	-912	3,869	2,223	4,142	1,985	2,851	3,259	2,294	2,852	2,903	2,381	3,173	-	-	-	-
Change	-	3.2%	35.17%	1.02%	-13.91%	7.79%	32.92%	-28.44%	-152.08%	524.23%	-42.54%	86.32%	-52.08%	43.63%	14.31%	-29.61%	24.32%	1.79%	-17.98%	33.26%	-	-	-	-
Net income ¹	539	1,758	1,377	2,265	1,352	1,167	1,643	1,034	-1,655	2,701	1,477	3,476	1,278	1,718	2,389	2,033	1,980	1,900	3,705	2,250	1,852	2,331	-	-
Change	-	226.16%	-21.67%	64.49%	-40.31%	-13.68%	40.79%	-37.07%	-260.06%	263.2%	-45.32%	135.34%	-63.23%	34.43%	39.06%	-14.9%	-2.61%	-4.04%	95%	-39.27%	-17.71%	25.89%	-	-
Announcement Date	06/08/20	12/11/20	03/02/21	07/05/21	05/08/21	11/11/21	10/02/22	12/05/22	11/08/22	17/11/22	08/02/23	17/05/23	10/08/23	16/11/23	08/02/24	16/05/24	08/08/24	14/11/24	13/02/25	15/05/25	-	-	-	-

¹EUR in Million

Estimates

Fiscal Period: September	2025 S1
Net sales ¹	38,110
Change	-
EBITDA	-
Change	-
EBIT	-
Change	-
Charge d'intérêts	-
Earnings before Tax (EBT)	-
Change	-
Net income	-
Change	-
Announcement Date	15/05/25

¹EUR in Million

Estimates

Forecast Balance Sheet: Siemens AG

Fiscal Period: September	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	30,526	39,155	40,171	36,512	38,763	38,047	35,768	32,186
Change	-	28.27%	2.59%	-9.11%	6.17%	-1.85%	-5.99%	-10.01%
Announcement Date	12/11/20	11/11/21	17/11/22	16/11/23	14/11/24	-	-	-

¹EUR in Million

Estimates

Cash Flow Forecast: Siemens AG

Fiscal Period: September	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	1,601	1,632	1,808	2,218	2,088	2,312	2,350	2,485
Change	-	1.94%	10.78%	22.68%	-5.86%	10.74%	1.63%	5.74%
Free Cash Flow (FCF) ¹	7,261	8,364	8,433	10,021	9,577	9,576	9,217	10,045
Change	-	15.19%	0.82%	18.83%	-4.43%	-0.01%	-3.75%	8.98%
Announcement Date	12/11/20	11/11/21	17/11/22	16/11/23	14/11/24	-	-	-

¹EUR in Million

Estimates

Forecast Financial Ratios: Siemens AG

Fiscal Period: September	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	13.3%	14.6%	14.95%	18.21%	17.88%	17.67%	18.45%	19.1%
EBIT Margin (%)	8.82%	10.43%	12.9%	12.41%	12.63%	13.71%	14.65%	15.63%
EBT Margin (%)	9.93%	12.04%	9.94%	14.4%	14.79%	14.28%	15.06%	16.32%
Net margin (%)	7.05%	9.89%	5.17%	10.22%	10.93%	12.36%	10.55%	11.24%
FCF margin (%)	12.71%	13.43%	11.72%	12.89%	12.61%	12.11%	11.01%	11.28%
FCF / Net Income (%)	180.17%	135.76%	226.51%	126.07%	115.37%	98.01%	104.36%	100.37%
Profitability
ROA	2.94%	4.46%	2.56%	5.36%	5.67%	6.53%	5.49%	6%
ROE	9.54%	15.26%	8%	16.44%	16.76%	16.6%	15.05%	16.05%
Financial Health
Leverage (Debt/EBITDA)	4.02x	4.31x	3.73x	2.58x	2.86x	2.72x	2.32x	1.89x
Debt / Free cash flow	4.2x	4.68x	4.76x	3.64x	4.05x	3.97x	3.88x	3.2x
Capital Intensity
CAPEX / Current Assets (%)	2.8%	2.62%	2.51%	2.85%	2.75%	2.93%	2.81%	2.79%
CAPEX / EBITDA (%)	21.06%	17.95%	16.8%	15.66%	15.38%	16.55%	15.22%	14.61%
CAPEX / FCF (%)	22.05%	19.51%	21.44%	22.13%	21.8%	24.15%	25.5%	24.74%
Items per share
Cash flow per share ¹	10.84	12.31	12.63	15.27	14.59	14.15	14.75	15.62
Change	-	13.59%	2.53%	20.97%	-4.5%	-3%	4.29%	5.87%
Dividend per Share ¹	3.5	4	4.25	4.7	5.2	5.305	5.65	6.159
Change	-	14.29%	6.25%	10.59%	10.64%	2.02%	6.51%	9%
Book Value Per Share ¹	45.13	55.34	60.28	60.5	65	71.35	76.05	82.15
Change	-	22.62%	8.93%	0.36%	7.44%	9.78%	6.59%	8.01%
EPS ¹	4.93	7.59	4.59	9.91	10.38	12.36	11.21	12.71
Change	-	53.96%	-39.53%	115.9%	4.74%	19.05%	-9.3%	13.42%
Nbr of stocks (in thousands)	7,96,319	7,98,333	7,89,577	7,91,442	7,79,054	7,78,357	7,78,357	7,78,357
Announcement Date	12/11/20	11/11/21	17/11/22	16/11/23	14/11/24	-	-	-