Siemens Aktiengesellschaft (SIEGY)
| Market Cap | 148.06B |
| Revenue (ttm) | 84.98B |
| Net Income (ttm) | 10.27B |
| Shares Out | 1.57B |
| EPS (ttm) | 2.49 |
| PE Ratio | 19.17 |
| Forward PE | 16.29 |
| Dividend | $2.56 (2.72%) |
| Ex-Dividend Date | Feb 9, 2024 |
| Volume | 2,601 |
| Open | 93.90 |
| Previous Close | 93.94 |
| Day's Range | n/a |
| 52-Week Range | 63.31 - 102.81 |
| Beta | 1.26 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Aug 10, 2023 |
About SIEGY
Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments. The Digital Industries segment provides automation systems and software for factories, numerical control systems, servo motors, drives and inverters, and integrated automation systems for machine to... [Read more]
Financial Performance
In 2023, SIEGY's revenue was 77.77 billion, an increase of 8.05% compared to the previous year's 71.98 billion. Earnings were 8.53 billion, an increase of 94.19%.
Financial numbers in EUR Financial StatementsNews
ABB buys Siemens's wiring accessories business in China
ABB has agreed to buy the wiring accessories business of German rival Siemens in China, the Swiss engineering group said on Friday.
Siemens Gamesa's CEO-designate eyes onshore wind development to fix quality problems
The designated boss of Siemens Energy's troubled wind turbine division will review whether onshore product cycles should be longer, suggesting that current development time may be too short.
'No doubt' that China will come back, but may take several quarters, Siemens CEO says
Roland Busch, CEO at Siemens discusses the company's latest results and the outlook for the business in China.
U.S. tariffs on China have no direct impact on Siemens, CEO says
Siemens CEO Roland Busch weighs in on U.S. tariffs on Chinese products and the impact on the German technology company.
Siemens to sell electrical motors business to KPS
German industrial giant Siemens said Thursday it will sell its electrical motors business Innomotics to private US equity firm KPS Capital Partners for 3.5 billion euros ($3.8 billion).
Siemens to Sell Innomotics to KPS Capital Partners for $3.8 Billion
Siemens agreed to sell its Innomotics large motors business to private-equity firm KPS Capital Partners, the latest move by the German industrial giant to reshuffle its portfolio.
Siemens posts industrial profit drop as automation division slows
German technology giant Siemens on Thursday reported a a decline in earnings in the first three months of 2024 and said its automation division had slowed.
KPS CAPITAL PARTNERS TO ACQUIRE INNOMOTICS FROM SIEMENS AG
A GLOBAL LEADER IN ELECTRIC MOTORS AND LARGE DRIVES NEW YORK , May 16, 2024 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has signed a def...
Siemens to sell drive division to KPS for $3 billion, reports Handelsblatt
Germany's Siemens is to sell its drive division to financial investor KPS for 3 billion euros ($3.25 billion), business daily Handelsblatt reported on Wednesday, citing financial sources.
Siemens pension funds cuts Siemens Energy stake to below 10%, filing shows
Siemens AG's pension fund has cut its stake in Siemens Energy by nearly 3%, a filing showed on Tuesday.
The Seven Wonders of Europe adds to bull market in acronyms
Forget AI plays, meme stocks, gold, even cocoa futures — the biggest bull market right now is in equity acronyms.
Siemens to acquire drive technology division from ebm-papst
Siemens plans to acquire ebm-papst's industrial drive technology division as the German conglomerate seeks to expand it factory automation business, both firms said on Thursday.
Siemens shares drop as CFO says China difficulties continue
Shares of Siemens AG slumped Tuesday as the company's chief financial officer said it's still struggling in China.
Siemens to continue winding down Siemens Energy stake, keep majority in Healthineers
Siemens intends to remain majority shareholder in Siemens Healthineers and also continue to reduce its holding in Siemens Energy , Siemens AG CEO Roland Busch said on Thursday.
Siemens CEO: There are multiple reasons for weakness in China business
Siemens CEO Roland Busch discusses the challenges the German conglomerate is facing in China and how the situation may be improved in 2024.
Siemens First Quarter Beats Guidance
Siemens confirmed its outlook for 2024 after it reported an increase in profit for the first quarter, reflecting earnings growth across most of its businesses.
Siemens CEO to get second term after contract ends - Handelsblatt
Siemens shareholder and employee representatives want to extend the contract of Chief Executive Roland Busch and offer him a second term in office, German business daily Handelsblatt reported on Tuesd...
Siemens US Is Expanding Footprint
Siemens US Chief Executive Officer Barbara Humpton discusses the company's plans to invest $510 million to expand its US manufacturing capacity and build a new electrical-equipment plant in Texas as p...
India's Siemens to explore energy business spin-off, shares jump to record high
India's Siemens Ltd will explore a spin-off of its energy business at the behest of some of its stakeholders, the electrical appliances-maker said on Monday, sending its shares to a record high.
Siemens nets record profits, but outlook cautious
German industrial giant Siemens on Thursday gave a cautious sales forecast for 2024, after netting a record profit in the previous financial year driven by its digital division.
Siemens CEO: We just closed another record year
Siemens CEO Roland Busch reports record revenue for the company's fiscal year.
Siemens CEO on China Outlook, German Economy's Future
German industrial company Siemens expects a slowdown in revenue growth, between 4 and 8 percent, for fiscal 2024 with demand for factory automation products in China still in recovery mode. The slower...
Siemens beats earnings forecasts, says sales growth to slow in 2024
Siemens on Thursday posted a 10% rise in revenue growth for its fiscal fourth quarter to a record high of 21.4 billion euros ($23.2 billion), beating forecasts.
Siemens AG to buy Siemens Energy's stake in Indian JV at 15% discount
Siemens AG said on Wednesday that intends to buy an 18% share from Siemens Energy in their Indian joint venture Siemens Ltd for 2.1 billion euros ($2.28 billion), reflecting a discount of 15% on the a...