The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

RHM.DE

Concerning the House

Rheinmetall AG provides mobility and security technologies in Germany, Rest of Europe, North, Middle, and South America, Asia and the Near East, and internationally. The company operates through the Vehicle Systems, Weapon and Ammunition, and Electronic Solutions segments. Its Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles. The Weapon and Ammunition segment provides firepower and protection solutions, such as weapons and ammunition, protection systems, propellants, and international projects and services. Its Electronic Solutions segment offers a chain of systems network, such as sensors, networking platforms, automated connected effectors for soldiers, cyberspace protection solutions, and training and simulation solutions. The company's products include air defense, soldier, and fire control systems; radar technology; and command, control and reconnaissance systems, as well as simulations for the army, air force, navy, and civil applications. It also engages in the aftermarket activities. The company was formerly known as Rheinmetall Berlin AG and changed its name to Rheinmetall AG in 1996. Rheinmetall AG was founded in 1889 and is headquartered in Düsseldorf, Germany.

Germany · www.rheinmetall.com

The Ledger
LineMar 2025Jun 2025Sep 2025Dec 2025
Revenue$2.31B$2.43B$2.78B$2.42B
Gross profit$1.24B$1.30B$1.41B$1.26B
Operating income$179.00M$229.00M$324.00M$968.00M
Net income$84.00M$131.00M$152.00M$328.00M
Diluted EPS1.912.833.31
Free cash flow$267.00M-$911.00M-$169.00M$2.23B
CapEx-$153.00M-$199.00M-$246.00M-$274.00M
Quotation

$1,168.20

+26.00 (+2.3%)

52w hi$1,968.82
52w lo$946.60
Vol144.45K
As ofAug 13
The Verdict

Hold

Our score +0.11

Short-0.12
Medium+0.12
Long+0.53

computed 2026-08-13

By the Numbers

Rheinmetall AG

Industrials · Aerospace & Defense

Market cap$54.34B
Enterprise value$58.04B
Trailing P/E44.71x
Forward P/E21.77x
EV / EBITDA25.12x
P / S (ttm)4.76x
Profit margin6.3%
Return on equity25.7%
Revenue growth+68.8%
Earnings growth-5.7%
Debt / equity51.63
Risk Metrics
Beta vs SPX0.10
Corr SPX0.03
Annual vol47.2%
Annual ret+36.5%
Sharpe0.77
Max DD-55.7%

Window: 504 trading days (489 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.43
Sector+0.07
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$1,179.20$1,198.00$1,155.40144.45K
Aug 12$1,143.00$1,195.00$1,143.00$1,168.20223.79K
Aug 11$1,146.60$1,161.20$1,128.00$1,142.20162.56K
Aug 10$1,154.60$1,162.40$1,120.80$1,142.20153.22K
Aug 7$1,159.00$1,209.00$1,129.60$1,146.40274.55K