Financials Porsche AG

Equities

Real-time Estimate Tradegate Other stock markets 09:07:41 2025-07-17 am EDT			5-day change	1st Jan Change
42.13 ^EUR	+0.14%		-5.08%	-28.00%

02:25am	PORSCHE AG : RBC sticks Neutral	ZD
Jul. 16	German Stocks Fall as Investors Weigh Inflation, US Tariff Threats	MT

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	33,138	37,630	40,530	40,080	37,362	38,562	39,996
Change	-	13.56%	7.71%	-1.11%	-6.78%	3.21%	3.72%
EBITDA ¹	-	9,959	10,812	9,730	6,320	7,622	8,619
Change	-	-	8.57%	-10.01%	-35.04%	20.59%	13.09%
EBIT ¹	-	6,770	7,284	5,640	2,304	3,583	4,483
Change	-	-	7.59%	-22.57%	-59.15%	55.5%	25.13%
Interest Paid ¹	-	347	91	-409	-205	-105	-
Earnings before Tax (EBT) ¹	-	7,069	7,375	5,227	2,423	3,739	4,710
Change	-	-	4.33%	-29.13%	-53.65%	54.31%	25.97%
Net income ¹	4,032	4,957	5,157	3,595	1,678	2,552	3,218
Change	-	22.94%	4.03%	-30.29%	-53.33%	52.06%	26.14%
Announcement Date	9/19/22	3/13/23	3/12/24	3/12/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	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	2026 Q3	2026 Q4
Net sales ¹	8,819	10,889	10,097	10,334	9,701	10,398	9,011	10,446	9,107	11,520	8,858	8,995	8,978	10,025	-	-	-	-
Change	-	23.47%	-7.27%	2.35%	-6.13%	7.18%	-13.34%	15.92%	-12.82%	26.5%	-23.11%	1.54%	-0.19%	11.67%	-	-	-	-
EBITDA ¹	-	2,658	2,560	2,862	2,542	2,848	2,211	2,690	2,044	2,780	1,792	1,448	1,585	1,731	1,586	1,605	1,686	1,987
Change	-	-	-3.69%	11.8%	-11.18%	12.04%	-22.37%	21.66%	-24.01%	36.01%	-35.54%	-19.17%	9.42%	9.23%	-8.38%	1.2%	5.05%	17.85%
EBIT ¹	1,568	1,722	1,840	2,012	1,649	1,783	1,282	1,779	974	1,600	762	502.5	500.5	616.2	753	840	768	969
Change	-	9.82%	6.85%	9.35%	-18.04%	8.13%	-28.1%	38.77%	-45.25%	64.27%	-52.38%	-34.06%	-0.4%	23.11%	22.21%	11.55%	-8.57%	26.17%
Charge d'intérêts ¹	-	-	146	-16	14	-53	-	-	-	-	-	-36	-65	-52	-	-51	-65	-
Earnings before Tax (EBT) ¹	-	1,764	1,985	1,997	1,663	1,730	1,333	1,762	891	1,240	747	300	461	576	683	690	712	1,334
Change	-	-	12.53%	0.6%	-16.73%	4.03%	-22.95%	32.18%	-49.43%	39.17%	-39.76%	-59.84%	53.67%	24.95%	18.58%	1.02%	3.19%	87.36%
Net income ¹	-	1,266	1,407	1,361	1,173	1,216	927	1,226	612	830	517	212	339.1	427.9	484	488	503	946
Change	-	-	11.14%	-3.27%	-13.81%	3.67%	-23.77%	32.25%	-50.08%	35.62%	-37.71%	-58.99%	59.94%	26.19%	13.12%	0.83%	3.07%	88.07%
Announcement Date	11/10/22	3/13/23	5/3/23	7/26/23	10/25/23	3/12/24	4/26/24	7/24/24	10/25/24	3/12/25	4/29/25	-	-	-	-	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2023 S1	2024 S1	2025 S1	2025 S2
Net sales ¹	20,431	19,457	18,153	18,212
Change	-	-4.77%	-6.7%	0.33%
EBITDA	-	4,901	-	-
Change	-	-	-	-
EBIT ¹	3,852	3,061	1,390	990
Change	-	-20.53%	-54.59%	-28.78%
Charge d'intérêts	-	-	-	-
Earnings before Tax (EBT)	3,982	3,095	-	-
Change	-	-22.28%	-	-
Net income	2,768	2,153	-	-
Change	-	-22.22%	-	-
Announcement Date	7/26/23	7/24/24	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-	5,761	4,597	5,029	5,180	4,906	3,886
Change	-	-	-20.2%	9.4%	3%	-5.29%	-20.79%
Announcement Date	9/19/22	3/13/23	3/12/24	3/12/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2022	2023	2024	2025	2026	2027
CAPEX ¹	3,661	4,097	3,757	3,729	3,764	3,687
Change	-	11.91%	-8.3%	-0.74%	0.94%	-2.04%
Free Cash Flow (FCF) ¹	508	5,820	2,233	1,685	2,330	3,742
Change	-	1,045.67%	-61.63%	-24.56%	38.33%	60.59%
Announcement Date	3/13/23	3/12/24	3/12/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	26.47%	26.68%	24.28%	16.92%	19.76%	21.55%
EBIT Margin (%)	-	17.99%	17.97%	14.07%	6.17%	9.29%	11.21%
EBT Margin (%)	-	18.79%	18.2%	13.04%	6.49%	9.7%	11.78%
Net margin (%)	12.17%	13.17%	12.72%	8.97%	4.49%	6.62%	8.05%
FCF margin (%)	-	1.35%	14.36%	5.57%	4.51%	6.04%	9.36%
FCF / Net Income (%)	-	10.25%	112.86%	62.11%	100.4%	91.33%	116.28%
Profitability
ROA	-	10.01%	10.51%	6.91%	3.64%	5.33%	6.85%
ROE	-	24.82%	26.66%	16.07%	7.14%	10.78%	12.75%
Financial Health
Leverage (Debt/EBITDA)	-	0.58x	0.43x	0.52x	0.82x	0.64x	0.45x
Debt / Free cash flow	-	11.34x	0.79x	2.25x	3.08x	2.11x	1.04x
Capital Intensity
CAPEX / Current Assets (%)	-	9.73%	10.11%	9.37%	9.98%	9.76%	9.22%
CAPEX / EBITDA (%)	-	36.76%	37.89%	38.61%	59%	49.39%	42.78%
CAPEX / FCF (%)	-	720.67%	70.4%	168.25%	221.36%	161.52%	98.53%
Items per share
Cash flow per share ¹	-	7.807	7.708	6.974	6.599	6.551	8.138
Change	-	-	-1.27%	-9.53%	-5.38%	-0.72%	24.22%
Dividend per Share ¹	-	1	2.31	2.31	1.236	1.47	1.824
Change	-	-	131%	0%	-46.5%	18.96%	24.1%
Book Value Per Share ¹	-	37.36	47.57	50.59	24.48	25.87	27.06
Change	-	-	27.31%	6.35%	-51.6%	5.66%	4.62%
EPS ¹	-	5.44	5.67	3.95	1.814	2.756	3.473
Change	-	-	4.23%	-30.34%	-54.07%	51.94%	26%
Nbr of stocks (in thousands)	-	911,000	911,000	911,000	911,000	911,000	911,000
Announcement Date	-	3/13/23	3/12/24	3/12/25	-	-	-