Siemens AG
Financial Performance
Siemens Revenue & Financials
Revenue
~$89.2B (FY2025)
Market Cap
$237B
Net Income
~$10.9B
Employees
318,000
What is Siemens's revenue?
Siemens had ~$89.2B in revenue for fiscal year 2025, up 3.9% from 2024. Net income was ~$10.9B.
- Latest revenue
- ~$89.2B (FY2025)
- Year-over-year
- +3.9%
- Growth rate (CAGR)
- 6.7% over 5 years
- Peak revenue
- ~$89.2B (FY2025)
- Years of data
- 6
- Employees
- 318,000
- How much profit does Siemens make?
- Siemens reported net income of ~$10.9B for fiscal year 2025. stockanalysis.com
- How many employees does Siemens have?
- Siemens has about 318,000 employees.
Financial Analysis
Revenue grew from ~$70.4B (EUR62.3B) in FY2021 to ~$89.2B (EUR78.9B) in FY2025, and net income reached a record ~$11.8B (EUR10.4B) in FY2025, the third straight annual high. FY2026 started with stable reported revenue (Q2: ~$22.4B (EUR19.8B), hit by currency effects) but strong orders, then a record Q3 with ~$23.5B (EUR20.8B) revenue, ~$3.95B (EUR3.5B) industrial profit, a 17.3% industrial business margin and ~$4.63B (EUR4.1B) free cash flow. Nine-month net income was ~$7.91B (EUR7.0B), down year over year only because FY2025 included gains from the Innomotics sale. Siemens AG is a colossal German multinational technology conglomerate and the absolute largest industrial manufacturing company in Europe, maintaining a market valuation generally exceeding $130 billion.
Revenue Trend Analysis
YoY Change
+3.9%
5-Year CAGR
+6.7%
Peak Year
2025
Trend
Consistent Growth
Siemens AG has 6 full fiscal year figures on this page, compounding at +6.7% annually over 5 years. The most recent year saw a 3.9% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at ~$89.2B. Of 5 comparable year-over-year steps, 5 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2025 | ~$89.2B | ~$10.9B | +3.9% | Siemens Aktiengesellschaft (ETR:SIE) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2025-09-30. Net income shown is attributable to Siemens shareholders; total net income was ~$11.7B (EUR10.387B). |
| FY2024 | ~$85.8B | ~$9.4B | +1.4% | Siemens Aktiengesellschaft (ETR:SIE) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2024-09-30. |
| FY2023 | ~$84.6B | ~$9B | +4.0% | Siemens Aktiengesellschaft (ETR:SIE) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2023-09-30. |
| FY2022 | ~$81.3B | ~$4.2B | +15.6% | Siemens Aktiengesellschaft (ETR:SIE) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2022-09-30. |
| FY2021 | ~$70.4B | ~$7B | +9.0% | Siemens Aktiengesellschaft (ETR:SIE) annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2021-09-30. |
| FY2020 | ~$64.6B | — | — | Wikidata total revenue statement, citing the linked document |
Click any row to see year details.
Related Companies
Compare Siemens AG Revenue With Competitors
Keep researching Siemens
Siemens Revenue and Financial FAQ
What is Siemens AG's stock ticker symbol and exchange listings?
Siemens AG is publicly listed on the Frankfurt Stock Exchange (Xetra) under the ticker symbol "SIE.DE" and is one of the largest foundational members of Germany's DAX 40 index, also trading as ADRs in the US (SMAWF).
What is Siemens AG's annual revenue scale?
Siemens AG generates approximately €75 billion to €78 billion in annual consolidated revenue from continuing industrial operations, following the spinoff of Siemens Energy and Siemens Healthineers.
What was Siemens AG's record profit performance in recent fiscal years?
In fiscal year 2023 and 2024, Siemens AG delivered all-time record financial performance: Industrial Business profit reached a historic high of €11.4 billion, and net income surpassed €8.5 billion to €9.0 billion.
How much free cash flow does Siemens AG generate annually?
Siemens demonstrates exceptional cash generation, regularly delivering between €9.5 billion and €10.5 billion in annual Free Cash Flow from continuing operations, achieving a cash conversion rate near 100% of net income.
What is Siemens AG's dividend policy and track record?
Siemens maintains a progressive dividend policy, paying an annual cash dividend (historically between €4.70 and €5.20 per share) representing a healthy payout ratio between 40% and 60% of net income and yielding approximately 3.0% to 3.5%.
How large is Siemens AG's order backlog?
Siemens maintains an all-time record order backlog exceeding €110 billion to €115 billion across rail contracts, grid infrastructure, and digital factory software, providing multi-year earnings stability.
What is the profit margin profile across Siemens's divisions?
Digital Industries generates profit margins of 18% to 23%, Smart Infrastructure delivers margins between 14% and 17%, and Mobility delivers margins of 8% to 10%, producing an overall corporate industrial profit margin above 15%.
What is Siemens AG's debt profile and balance sheet strength?
Siemens holds top-tier investment-grade credit ratings of A1 from Moody's and A+ from S&P Global, with net debt to EBITDA maintained at conservative levels below 1.5x, providing substantial borrowing capacity for M&A.
How much value is represented by Siemens's stake in Siemens Healthineers?
Siemens AG's ~75% equity ownership in Siemens Healthineers is valued at over €40 billion to €45 billion on public markets, providing a massive hidden asset base that bolsters Siemens's enterprise valuation.
How did the $10.6 billion Altair Engineering acquisition impact capital structure?
The Altair transaction was fully financed through available cash reserves and low-cost senior debt, with management pausing large share buybacks to maintain credit ratings while rapidly deleveraging with strong operating cash flows.
Does Siemens execute share buyback programs?
Yes, Siemens regularly executes multi-year share buyback programs (such as its €6 billion multi-year buyback authorization), repurchasing and cancelling common shares to boost earnings per share.
What is Siemens AG's market capitalization valuation?
Siemens AG regularly trades with a market capitalization between €140 billion and €165 billion+, positioning it as one of the three most valuable industrial technology corporations in Europe alongside SAP and ASML.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Siemens Revenue & Financials." CorpDigest, https://corpdigest.com/company/siemens/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Siemens reported ~$89.2B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/siemens/financials" target="_blank" rel="noopener">CorpDigest — Siemens financials</a></div>Related Financial Audits
Compare revenue, net income, and market cap scale
Explore Siemens
Core profile pages, founders and related research hubs for this company.