The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

VOW3.DE

Concerning the House

Volkswagen AG manufactures automobiles and commercial vehicles in Europe, Germany, North America, South America, the Asia-Pacific, and internationally. It operates through three segments: Passenger Cars and Light Commercial Vehicles; Commercial Vehicles; and Financial Services. The Passenger Cars and Light Commercial Vehicles segment develops vehicles, engines and motors, vehicle software, and vehicle batteries; produces and sells passenger cars and light commercial vehicles, and the parts. This segment also offers compact cars, luxury vehicles, and motorcycles, as well as mobility solutions. The Commercial Vehicles segment engages in the development of vehicles, engines, and motors; production and sale of trucks and buses, parts, and related services. The Financial Services segment engages in the dealership and customer financing, leasing, direct banking, and insurance activities; and provision of fleet management, and mobility services. In addition, the company is involved in the large-bore diesel engines, turbomachinery, and propulsion components businesses. It sells its products under the Volkswagen Passenger Cars, Škoda, SEAT/CUPRA, Volkswagen Commercial Vehicles, Audi, Lamborghini, Bentley, Ducati, Porsche, Scania, MAN, Volkswagen Truck & Bus, TRATON, and Bugatti Rimac, and international commercial vehicles brands to individual, corporate, and fleet customers. The company was founded in 1937 and is headquartered in Wolfsburg, Germany. Volkswagen AG operates as a subsidiary of Porsche Automobil Holding SE.

Germany · www.volkswagen-group.com

The Ledger
LineDec 2024Mar 2025Jun 2025Dec 2025
Revenue$87.38B$77.56B$80.81B$83.25B
Gross profit$17.09B$12.80B$13.60B$14.60B
Operating income$8.76B$3.27B$3.83B$4.49B
Net income$3.29B$1.98B$2.33B$3.32B
Diluted EPS3.694.34
Free cash flow-$4.76B-$2.11B-$5.39B-$3.23B
CapEx-$10.09B-$5.09B-$5.73B-$8.17B
Quotation

$73.86

-1.58 (-2.1%)

52w hi$101.81
52w lo$69.94
Vol1.46M
As ofAug 13
The Verdict

Hold

Our score -0.32

Short+0.03
Medium-0.45
Long-0.76

computed 2026-08-13

By the Numbers

Volkswagen AG

Consumer Cyclical · Auto Manufacturers

Market cap$36.56B
Enterprise value$265.89B
Trailing P/E6.99x
Forward P/E3.11x
EV / EBITDA13.79x
P / S (ttm)0.11x
Profit margin1.8%
Return on equity2.8%
Revenue growth+2.0%
Earnings growth-41.0%
Debt / equity138.75
Risk Metrics
Beta vs SPX0.32
Corr SPX0.18
Annual vol28.0%
Annual ret-8.1%
Sharpe-0.29
Max DD-32.9%

Window: 504 trading days (489 obs)

Layer Breakdown
LayerRawContribution
Fundamental-0.02
Sector+0.01
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$73.94$74.04$72.221.46M
Aug 12$74.90$75.22$73.86$73.86738.75K
Aug 11$75.20$75.68$74.48$75.44527.85K
Aug 10$76.32$76.32$74.62$75.42607.24K
Aug 7$75.74$76.76$74.72$76.32679.68K