Siemens (SIEMENS) | Financial Analysis & Statements
Siemens Ltd. Large-cap Industrials
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Dec 2025Income Metrics
Revenue
38.3B
Gross Profit
11.1B
29.10%
Operating Income
3.5B
9.15%
Net Income
2.8B
7.25%
EPS (Diluted)
₹7.80
Balance Sheet Metrics
Total Assets
199.9B
Total Liabilities
67.5B
Shareholders Equity
132.4B
Debt to Equity
0.51
Cash Flow Metrics
Revenue & Profitability Trend
Quarter Income Flow
Dec 31, 2025
Annual Income Flow
2025
Siemens Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 173.6B | 219.8B | 192.8B | 158.7B | 129.9B |
| Cost of Goods Sold | 120.7B | 149.9B | 133.9B | 109.3B | 89.8B |
| Gross Profit | 52.9B | 69.9B | 58.9B | 49.5B | 40.1B |
| Gross Margin % | 30.5% | 31.8% | 30.5% | 31.2% | 30.9% |
| Operating Expenses | |||||
| Research & Development | - | 694.0M | 549.0M | 211.0M | 146.0M |
| Selling, General & Administrative | - | 5.9B | 5.5B | 4.7B | 4.2B |
| Other Operating Expenses | 16.0B | 11.4B | 16.6B | 8.7B | 6.3B |
| Total Operating Expenses | 16.0B | 18.1B | 22.7B | 13.6B | 10.7B |
| Operating Income | 17.3B | 27.6B | 21.7B | 16.7B | 11.6B |
| Operating Margin % | 9.9% | 12.6% | 11.2% | 10.5% | 8.9% |
| Non-Operating Items | |||||
| Interest Income | - | 6.3B | 4.5B | 2.4B | 2.1B |
| Interest Expense | 151.0M | 605.0M | 228.0M | 358.0M | 241.0M |
| Other Non-Operating Income | - | - | - | - | - |
| Pre-tax Income | 22.8B | 36.4B | 26.4B | 17.1B | 13.9B |
| Income Tax | 5.9B | 9.2B | 6.8B | 4.5B | 3.6B |
| Effective Tax Rate % | 26.0% | 25.3% | 25.7% | 26.3% | 26.1% |
| Net Income | 21.1B | 27.2B | 19.6B | 15.4B | 10.9B |
| Net Margin % | 12.1% | 12.4% | 10.2% | 9.7% | 8.4% |
| Key Metrics | |||||
| EBITDA | 25.9B | 37.1B | 29.6B | 21.4B | 16.8B |
| EPS (Basic) | ₹59.14 | ₹76.28 | ₹55.06 | ₹43.33 | ₹30.57 |
| EPS (Diluted) | ₹59.14 | ₹76.28 | ₹55.06 | ₹43.33 | ₹30.57 |
| Basic Shares Outstanding | 355799797 | 356120291 | 356120255 | 356120255 | 356120255 |
| Diluted Shares Outstanding | 355799797 | 356120291 | 356120255 | 356120255 | 356120255 |
Income Statement Trend
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Siemens Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 21.5B | 18.4B | 11.9B | 10.0B | 4.5B |
| Short-term Investments | 48.4B | 77.1B | 65.0B | 56.4B | 47.5B |
| Accounts Receivable | 29.8B | 44.1B | 47.1B | 37.9B | 36.8B |
| Inventory | 20.0B | 26.3B | 25.1B | 21.6B | 17.9B |
| Other Current Assets | 2.8B | 12.0M | 185.0M | 200.0M | 196.0M |
| Total Current Assets | 153.4B | 201.6B | 176.1B | 152.8B | 131.5B |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 9.3B | 10.0M | 24.0M | 36.0M | 80.0M |
| Goodwill | 29.1B | 29.7B | 30.4B | 30.4B | 31.0B |
| Intangible Assets | 3.9B | 4.5B | 5.1B | 5.7B | 6.3B |
| Long-term Investments | - | 159.0M | 82.0M | 270.0M | 53.0M |
| Other Non-Current Assets | 2.5B | 3.4B | 2.7B | -2.6B | 18.0M |
| Total Non-Current Assets | 46.4B | 52.5B | 46.6B | 48.2B | 48.7B |
| Total Assets | 199.9B | 254.1B | 222.6B | 201.1B | 180.2B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 37.3B | 47.0B | 42.4B | 40.4B | 36.7B |
| Short-term Debt | 476.0M | 1.2B | 736.0M | 805.0M | 668.0M |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | 2.0B | 419.0M | 817.0M | 557.0M | 327.0M |
| Total Current Liabilities | 60.3B | 89.1B | 85.5B | 80.0B | 68.4B |
| Non-Current Liabilities | |||||
| Long-term Debt | 977.0M | 1.6B | 1.0B | 1.0B | 1.6B |
| Deferred Tax Liabilities | 920.0M | 1.1B | - | - | - |
| Other Non-Current Liabilities | - | - | - | 3.2B | 31.0M |
| Total Non-Current Liabilities | 7.2B | 11.3B | 6.2B | 5.0B | 8.2B |
| Total Liabilities | 67.5B | 100.4B | 91.7B | 84.9B | 76.6B |
| Equity | |||||
| Common Stock | 712.0M | 712.0M | 712.0M | 712.0M | 712.0M |
| Retained Earnings | - | 119.4B | 96.5B | 81.6B | 69.1B |
| Treasury Stock | - | - | - | - | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 132.4B | 153.7B | 131.0B | 116.2B | 103.6B |
| Key Metrics | |||||
| Total Debt | 1.5B | 2.8B | 1.8B | 1.8B | 2.2B |
| Working Capital | 93.1B | 112.4B | 90.6B | 72.9B | 63.0B |
Balance Sheet Composition
Siemens Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 28.4B | 36.4B | 26.4B | 20.8B | 15.0B |
| Depreciation & Amortization | - | - | - | - | - |
| Stock-Based Compensation | 460.0M | 45.0M | 639.0M | - | - |
| Working Capital Changes | -19.5B | -18.0B | -10.8B | -12.7B | -6.4B |
| Operating Cash Flow | 4.2B | 12.7B | 12.0B | 5.9B | 6.7B |
| Investing Activities | |||||
| Capital Expenditures | -3.7B | -1.0B | -664.0M | -1.3B | -1.1B |
| Acquisitions | 0 | 6.0M | -2.2B | 4.4B | -13.7B |
| Investment Purchases | - | -12.7B | -8.8B | -6.7B | -10.9B |
| Investment Sales | - | - | 0 | 33.0M | 51.0M |
| Investing Cash Flow | -3.7B | -13.7B | -12.5B | 771.0M | -21.8B |
| Financing Activities | |||||
| Share Repurchases | - | - | - | - | - |
| Dividends Paid | -4.3B | -3.6B | -3.6B | -2.8B | -2.5B |
| Debt Issuance | - | - | - | - | - |
| Debt Repayment | - | - | - | - | -1.7B |
| Financing Cash Flow | -30.8B | -4.1B | -3.6B | -2.9B | -5.9B |
| Free Cash Flow | -57.0M | 13.3B | 12.0B | 8.2B | 13.0B |
| Net Change in Cash | -30.3B | -5.1B | -4.1B | 3.8B | -21.1B |
Cash Flow Trend
Siemens Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
81.33
Forward P/E
57.65
Price to Book
10.34
Price to Sales
7.88
PEG Ratio
-1.48
Profitability Ratios
Profit Margin
12.12%
Operating Margin
9.15%
Return on Equity
11.81%
Return on Assets
4.75%
Financial Health
Current Ratio
2.54
Debt to Equity
0.01
Beta
0.44
Per Share Data
EPS (TTM)
₹47.27
Book Value per Share
₹371.81
Revenue per Share
₹488.03
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| SIEMENS | 1.4T | 81.33 | 10.34 | 11.81% | 12.12% | 0.01 |
| ABB India | 1.6T | 93.01 | 19.82 | 22.39% | 12.64% | 1.08 |
| Cummins India | 1.5T | 64.78 | 18.37 | 26.45% | 19.32% | 0.31 |
| Bharat Heavy | 1.2T | 143.74 | 4.78 | 2.16% | 2.67% | 44.96 |
| GE T&D India Limited | 939.2B | 114.93 | 68.22 | 14.57% | 34.03% | 0.03 |
| Suzlon Energy | 739.4B | 23.12 | 9.55 | 33.93% | 21.56% | 5.05 |
Financial data is updated regularly. All figures are in the company's reporting currency.





