European power equipment and grid company with direct leverage to electrification, transmission buildout, and utility capital spending.
Profile & Fundamentals
Siemens Energy: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Siemens Energy Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
Siemens Energy AG operates as an energy technology company worldwide. It operates through Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa segments. The company provides gas and steam turbines, generators, and heat pumps, as well as performance enhancement, maintenance, digitalization, and consulting services for central and distributed power generation; and high voltage direct current transmission systems, offshore wind farm grid connections, transformers, flexible alternating current transmission systems, high voltage substations, air and gas-insulated switchgears, circuit breakers, capacitor, digital grid solutions and components, components and cyber security, and transformers and storage solutions. It also offers electrolyzers, industrial steam turbines, industrial generators, turbo and reciprocating compressors, drive systems and solutions, batteries and fuel cells, and other systems and solutions, as well as service and digital offerings; onshore and onshore wind turbines; design, engineering, manufacturing, and installation solutions for onshore markets; offshore wind turbine equipment design, manufacturing, and installation solutions; and management, operation and maintenance services for wind farms. The company serves utilities, independent power producers, project developers, municipal energy producers, engineering, procurement, and construction companies, oil and gas, transmission and distribution system operators, and industrial and infrastructure customers. Siemens Energy AG was founded in 1866 and is based in Munich, Germany.
Company profile record
Siemens Energy AG
Common Stock · Industrials · Industrial Machinery & Supplies & Components
Company
- Company / asset
- Siemens Energy AG
- Security type
- Common Stock
- Sector
- Industrials
- Industry
- Industrial Machinery & Supplies & Components
- HQ
- 🇩🇪 Germany
- Head office
- Otto-Hahn-Ring 6, Munich, Germany, 81739
Leadership & scale
- Chief executive
- Dr. Christian Bruch
- CEO year born
- 1970
- Full-time employees
- 106K
- Fiscal year end
- September
Fundamentals snapshot
- Market Cap
- EUR 126.7B
- P/E
- 47.0x
- Revenue (Q2 26)
- EUR 11.4B
- Profit (Q2 26)
- EUR 1.1B
- Dividend Yield
- 0.3%
- Revenue (FY 25)
- EUR 39.1B
- Shares in public float
- 777.4M
- Insider ownership
- 12.07%
Reporting & identifiers
- Symbol
- ENR.XETRA
- Listing
- 🇩🇪 Germany | Dividend Tax: 26.38%
- Ticker Currency
- EUR
- Income Statement Currency
- EUR
- Balance Sheet Currency
- EUR
- Cash Flow Currency
- EUR
- EPS Currency
- EUR
- Contract Type
- SPOT
- ISIN
- DE000ENER6Y0
- Asset ID
- equity_7ac51593-a969-54db-9992-83d7c56094d8
Ownership
Shares Outstanding
Latest: 859.5M | Max: 870.8M | Min: 714.9M
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
90.45%
777.4M latest reported shares
Insider Ownership
12.07%
Latest reported insider stake
Short Float
--
Latest reported short interest / float
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2019-01-01 | 726,645,000 |
| 2020-01-01 | 715,454,000 |
| 2021-01-01 | 714,933,000 |
| 2022-01-01 | 792,599,000 |
| 2023-01-01 | 870,786,500 |
| 2024-01-01 | 864,330,000 |
| 2025-01-01 | 867,948,700 |
| 2026-01-01 | 859,523,800 |
Top Holders
Available reported ownership records.
No reported records are available in this preview.
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
Siemens Energy has achieved a dramatic financial recovery, rebounding from massive losses in fiscal 2023 to deliver over 3.1 billion dollars in trailing net income through mid-2026. Quarterly revenues reached 11.45 billion euros, expanding 17.5% year-over-year. This earnings inflection was powered by rapid order execution in high-voltage grid equipment and heavy-duty gas turbines, supported by the wind turbine business returning to operational breakeven. However, headline cash generation tells a more complex story. While trailing free cash flow reached 8.9 billion dollars, this was heavily inflated by customer advance prepayments on a massive 162-billion-euro order backlog. As factories ramp up production, working capital will be consumed, meaning recurring owner earnings will settle below recent peak cash flow numbers.
Siemens Energy has achieved a dramatic financial recovery, rebounding from massive losses in fiscal 2023 to deliver over 3.1 billion dollars in trailing net income through mid-2026. Quarterly revenues reached 11.45 billion euros, expanding 17.5% year-over-year. This earnings inflection was powered by rapid order execution in high-voltage grid equipment and heavy-duty gas turbines, supported by the wind turbine business returning to operational breakeven. However, headline cash generation tells a more complex story. While trailing free cash flow reached 8.9 billion dollars, this was heavily inflated by customer advance prepayments on a massive 162-billion-euro order backlog. As factories ramp up production, working capital will be consumed, meaning recurring owner earnings will settle below recent peak cash flow numbers.
Revenue, Net Income, and Free Cash Flow
Latest: EUR 39.1B | Max: EUR 39.1B | Min: EUR -4.5B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 61x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Operating profitability has staged a structural breakout, rising from negative 10.7% margins during the 2023 wind warranty crisis to 4.0% in fiscal 2025, and exceeding 14% before special items in recent quarters. This surge is driven by strong pricing power in Grid Technologies, where segment margins approached 20%, alongside highly profitable aftermarket service contracts on gas turbines. While this turnaround reflects genuine pricing strength and contained wind losses, consolidated margins are likely near their medium-term peak. Higher procurement expenses for specialized copper and skilled manufacturing labor, combined with low-margin wind turbine deliveries, will establish a realistic sustainable operating margin ceiling around 11% to 13% over the five-year horizon.
Operating profitability has staged a structural breakout, rising from negative 10.7% margins during the 2023 wind warranty crisis to 4.0% in fiscal 2025, and exceeding 14% before special items in recent quarters. This surge is driven by strong pricing power in Grid Technologies, where segment margins approached 20%, alongside highly profitable aftermarket service contracts on gas turbines. While this turnaround reflects genuine pricing strength and contained wind losses, consolidated margins are likely near their medium-term peak. Higher procurement expenses for specialized copper and skilled manufacturing labor, combined with low-margin wind turbine deliveries, will establish a realistic sustainable operating margin ceiling around 11% to 13% over the five-year horizon.
Profitability Margins
Latest: 16.8% | Max: 17.5% | Min: -14.6%
Latest Profitability Ratios as of 2025-09-30
Gross Margin
16.8%
Gross profit / revenue
Operating Margin
4.0%
Operating income / revenue
Net Margin
3.6%
Net income / revenue
FCF Margin
10.5%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2017-09-30 | 35,501,480,000 | 1,073,800,000 | -142,780,000 |
| 2018-09-30 | 32,506,680,000 | 634,520,000 | 92,800,000 |
| 2019-09-30 | 31,388,730,000 | 172,220,000 | 954,840,000 |
| 2020-09-30 | 32,124,690,000 | -1,879,020,000 | 788,580,000 |
| 2021-09-30 | 33,039,120,000 | -649,600,000 | 1,112,440,000 |
| 2022-09-30 | 28,417,060,000 | -634,060,000 | 1,039,780,000 |
| 2023-09-30 | 32,986,140,000 | -4,803,920,000 | 417,640,000 |
| 2024-09-30 | 38,256,150,000 | 1,314,240,000 | 1,526,250,000 |
| 2025-09-30 | 45,720,090,000 | 1,654,380,000 | 4,793,490,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
Scroll the table to see every column.
| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-09-30 | 60.98 | Trailing four quarters |
| 2024-09-30 | 24.14 | Trailing four quarters |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2017-09-30 | 17.46 | 4.73 | 3.02 | -0.4 |
| 2018-09-30 | 14.8 | 1.04 | 1.95 | 0.29 |
| 2019-09-30 | 14.52 | 1.69 | 0.55 | 3.04 |
| 2020-09-30 | 7.79 | -7.3 | -5.85 | 2.45 |
| 2021-09-30 | 11.99 | -1.44 | -1.97 | 3.37 |
| 2022-09-30 | 11.81 | -1.69 | -2.23 | 3.66 |
| 2023-09-30 | 2.42 | -10.73 | -14.56 | 1.27 |
| 2024-09-30 | 13.07 | -0.25 | 3.44 | 3.99 |
| 2025-09-30 | 16.84 | 4.02 | 3.62 | 10.48 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-08-20.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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