Global crises and wars are playing into the hands of Rheinmetall. Following an increase in revenue and profit in 2025, the Düsseldorf-based defense contractor aims for rapid growth in the current year as well. Group revenue is expected to rise by 40 to 45 percent to between 14.0 and 14.5 billion euros, Rheinmetall announced on Wednesday. The group's operating profit margin is projected to rise to 19 percent, up from 18.5 percent in 2025.
"The tense security policy situation underscores the group's promising position," Rheinmetall further stated on Wednesday. In 2025, the group recorded a 29 percent increase in revenue to approximately 9.9 billion euros. The operating result (EBIT before special items) rose by 33 percent to 1.84 billion euros. The high-margin weapons and ammunition business was the primary contributor. The order backlog reached a new record level of 63.8 billion euros (previous year: 46.9 billion). Shareholders are set to receive a significantly increased dividend of 11.50 euros per share for 2025 (up from 8.10 euros). According to a Vara survey, analysts had on average expected revenue of 10.1 billion euros and an EBIT margin of 19 percent for the past year. Experts had estimated the dividend at 10.54 euros per share. For 2026, they anticipate revenue of 14.1 billion euros, with a margin seen at 19.6 percent.
(Report by Matthias Inverardi, edited by Myria Mildenberger. For inquiries, please contact our editorial office at berlin.newsroom@thomsonreuters.com (for politics and economy) or frankfurt.newsroom@thomsonreuters.com (for companies and markets).)
Rheinmetall AG specializes in the design, manufacture and marketing of equipment, components and solutions for the military and civilian industries. Net sales break down by family of products as follows:
- vehicle systems (38.7%): multi-purpose wheeled and tracked vehicles (tactical military vehicles, support vehicles, logistics vehicles and special vehicles);
- weapon and ammunition systems (26%): automatic cannons for land, air and sea vehicles, smooth-bore weapons, artillery systems, smart projectiles, high-energy lasers, etc.;
- sensors, actuators and power systems (20.8%): actuators, exhaust gas recirculation systems, throttle valves, exhaust gas dampers for electric motors, solenoid valves, pumps, etc. used in thermal and fluid management applications in the mobility and industrial sectors;
- electronic solutions (13.5%): sensors and networking systems, cyberspace protection solutions, air defense systems, radar systems, technical documentation solutions, integrated electronic systems, drones and automated ground robots, training and simulation solutions;
- other (1%).
Net sales are distributed geographically as follows: Germany (30.4%), Europe (46.6%), Asia and Middle East (9.6%), Americas (7.6%) and other (5.8%).
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