Holcim Résultats passés
Passé contrôle des critères 0/6
Les bénéfices de Holcim ont diminué à un taux annuel moyen de -3.5%, tandis que le secteur Basic Materials a vu ses bénéfices augmenter de en à 1% par an. Les revenus ont augmenté de en baisse à un taux moyen de 6.1% par an. Le rendement des capitaux propres de Holcim est 2.9% et ses marges nettes sont de 2.5%.
Informations clés
-3.52%
Taux de croissance des bénéfices
-1.36%
Taux de croissance du BPA
| Basic Materials Croissance de l'industrie | 8.23% |
| Taux de croissance des recettes | -6.14% |
| Rendement des fonds propres | 2.86% |
| Marge nette | 2.47% |
| Prochaine mise à jour des résultats | 31 Jul 2026 |
Mises à jour récentes des performances passées
Recent updates
Mise à jour du récit • May 04
HOLN: Cement Pricing And Electrification Projects Will Shape Fairly Balanced Upside
The analyst price target for Holcim has been adjusted slightly higher to reflect a fair value of about CHF 78.70, with analysts pointing to recent upgrades and target raises, supported by steady assumptions for revenue growth, margins and future P/E multiples. Analyst Commentary Bullish Takeaways Bullish analysts are citing recent upgrades and resumed coverage with positive ratings as support for the idea that Holcim's execution on its strategy is being recognized in current valuation assumptions.Mise à jour du récit • Apr 20
HOLN: Cement Pricing Resilience And Margin Execution Will Shape Future Upside Balance
Holcim's analyst price target is updated to CHF 78.03, a small move supported by recent upgrades and resumed coverage from several banks. Analysts point to steadier profit margins and only modest adjustments to growth and discount rate assumptions.Mise à jour du récit • Apr 05
HOLN: European Cement Pricing Resilience Will Shape Upside Risk Balance
Analysts have trimmed the implied fair value for Holcim from CHF 78.71 to CHF 77.76. This reflects slightly higher discount rate and P/E assumptions, even as they reference recent Street research that includes both higher and lower price targets between CHF 69 and CHF 80 and differing views on cement pricing resilience in Europe.Mise à jour du récit • Mar 22
HOLN: Circular Expansion And Cement Pricing Support Will Shape Upside Risk Balance
Holcim's updated analyst price target edges slightly lower to CHF 78 from CHF 80, as analysts factor in a reduced future P/E assumption to 21.24x, along with adjusted expectations for revenue growth, profit margins and discount rates. Recent Street research reflects a mix of target hikes and trims clustered around the CHF 72 to CHF 80 range.
Mise à jour du récit • Mar 08
HOLN: Cement Pricing Resilience In Europe Will Drive Rebound Potential
Our revised fair value estimate for Holcim has risen from CHF 70 to CHF 93. This reflects analysts' updated price targets in the CHF 72 to CHF 80 range and their view that recent share weakness has been overdone, while near term cement pricing in Europe is expected to hold.
Mise à jour du récit • Feb 22
HOLN: Rich P/E And Downgrade Will Likely Limit Further Upside
Holcim's analyst price target has shifted to CHF 80, up CHF 5, as analysts weigh mixed revisions that balance slightly softer revenue and margin assumptions with a higher assumed future P/E multiple and recent price target changes at Citi and RBC Capital. Analyst Commentary Recent research on Holcim sends a mixed signal, with some bearish analysts trimming expectations while others adjust targets higher.Mise à jour du récit • Feb 07
HOLN: Circular Expansion And Mixed Street Views Will Shape Future Risk Balance
Narrative Update The updated analyst price target for Holcim edges up to about CHF 79 from roughly CHF 78.80, as analysts factor in mixed recent research that includes a CHF 5 target increase at Citi, a higher implied future P/E and adjustments to revenue growth and profit margin assumptions, alongside a modest trim from RBC Capital and a downgrade elsewhere on the Street. Analyst Commentary Recent research on Holcim reflects a split view, with some analysts lifting price targets while others trim expectations or move to a more cautious stance.Mise à jour du récit • Jan 23
HOLN: Circular Expansion And Mixed Ratings Will Shape Future Risk Balance
The analyst price target for Holcim has increased by about CHF 4 to roughly CHF 79, with analysts citing updated assumptions on fair value, discount rate, revenue trends, profit margin and future P/E, in light of recent mixed target changes across major banks. Analyst Commentary Recent research on Holcim reflects a mix of optimism and caution, with several large banks adjusting their price targets and ratings in different directions.Mise à jour du récit • Jan 09
HOLN: Cement Demand And Rich Multiple Will Likely Cap Further Upside
Analysts have raised their price expectations for Holcim by CHF 6 to CHF 78, citing improved profit margin assumptions and lower P/E expectations as the main factors behind the updated targets. Analyst Commentary Recent research on Holcim shows a mix of optimism and caution, with several large banks adjusting their views and price targets in quick succession.Mise à jour du récit • Dec 25
HOLN: Future Multiple Expansion Will Likely Disappoint Amid Softening Cement Demand
Analysts have lifted their price target on Holcim to CHF 78 from CHF 72, citing a higher fair value estimate of approximately CHF 58 per share and greater confidence in the stock's future earnings multiple, despite slightly softer growth and margin assumptions. Analyst Commentary Recent Street research on Holcim has been broadly constructive, with several major houses lifting their price targets into the high CHF 70s and reiterating positive recommendations.Mise à jour du récit • Dec 11
HOLN: European Cement Regime Will Offset Demand Risks And Circular Expansion Challenges
The analyst fair value estimate for Holcim has been raised to approximately CHF 74.90 from CHF 73.20. This reflects analysts' more constructive view on the company's positioning in a stronger European cement regime and recent upward revisions to Street price targets, despite some concerns about near term sales trends.Mise à jour du récit • Nov 27
HOLN: Outlook Will Balance European Demand Recovery With Margin Uncertainties
Holcim's fair value price target has increased modestly from CHF 72.05 to CHF 73.20. Analysts highlight renewed optimism, driven by upward revisions from major institutions and confidence in earnings resilience, despite cautious outlooks on revenue growth and profit margins.Article d’analyse • Nov 16
Holcim AG's (VTX:HOLN) Earnings Are Not Doing Enough For Some Investors
When close to half the companies in Switzerland have price-to-earnings ratios (or "P/E's") above 20x, you may consider...Mise à jour du récit • Nov 13
HOLN: Future Performance Will Reflect European Demand Trends and Sector Headwinds
Holcim's analyst price target has increased modestly, rising from CHF 71.35 to CHF 72.05. Analysts cite recent upgrades, strengthened ratings, and a more favorable outlook for the building materials sector as factors driving the revision.Mise à jour du récit • Oct 29
Recent Profit Margin Improvements Will Balance Softer Trends In Key Regions
Holcim's analyst fair value estimate has been raised from CHF 69.28 to CHF 71.35. Analysts point to improved profit margins and expectations for continued resilience in the building materials sector.Article d’analyse • Oct 29
Holcim (VTX:HOLN) Could Easily Take On More Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Mise à jour du récit • Oct 15
Aggressive Projections Will Falter Amid Regulatory And Market Risks
Holcim's analyst fair value target has ticked up modestly from CHF 68.35 to CHF 69.28. This reflects analysts' balanced outlook on earnings growth potential and sector resilience amid recent upgrades and more positive sentiment toward the European cement industry.Article d’analyse • Oct 13
Should You Investigate Holcim AG (VTX:HOLN) At CHF65.70?
Let's talk about the popular Holcim AG ( VTX:HOLN ). The company's shares saw a decent share price growth of 11% on the...Mise à jour du récit • Sep 18
Aggressive Projections Will Falter Amid Regulatory And Market Risks
Analysts increased Holcim’s target price to CHF68.35, citing resilient earnings, long-term growth from decarbonization, and value realization post-North America spin-off, despite concerns over full near-term valuation and earnings risks. Analyst Commentary Bullish analysts cited Holcim's resilient heavy side business performance and stable earnings outlook, even amid soft U.S. construction trends.Mise à jour du récit • Sep 03
Aggressive Projections Will Falter Amid Regulatory And Market Risks
Holcim’s modestly higher price target reflects mixed analyst views on the Amrize spin-off, with bullish arguments centered on exposure to European recovery, structural decarbonization growth, and valuation appeal, while concerns over fair value and post-spin dynamics temper optimism—leading to a revised consensus price target of CHF66.96. Analyst Commentary Diverging analyst reactions to the spin-out of Holcim's North American operations into Amrize, with some seeing reduced value and others focusing on stronger balance sheet and potential margin improvement.Mise à jour du récit • Aug 07
Aggressive Projections Will Falter Amid Regulatory And Market Risks
Given the absence of new analyst reasoning, both Holcim’s consensus price target and key valuation metrics such as Future P/E and discount rate have remained essentially unchanged, with the fair value holding steady at CHF65.77. What's in the News Holcim AG expects full-year 2025 post spin-off recurring EBIT growth of 6% to 10% in local currency.
Nouveau récit • Mar 02
Amrize's NYSE Listing Will Unlock New Value And Access To US Capital Markets
Holcim's strategy of unlocking value through Amrize's NYSE listing and margin expansion via branded solutions predicts strengthened revenue and operational focus.Ventilation des recettes et des dépenses
Ventilation des recettes et des dépenses
Comment Holcim gagne et dépense de l'argent. Sur la base des derniers bénéfices déclarés, sur une base LTM.
Historique des gains et des recettes
| Date | Recettes | Les revenus | Dépenses G+A | Dépenses de R&D |
|---|---|---|---|---|
| 31 Dec 25 | 15,724 | 389 | 4,437 | 0 |
| 30 Sep 25 | 15,873 | 1,042 | 4,516 | 0 |
| 30 Jun 25 | 26,227 | 3,163 | 7,135 | 0 |
| 31 Mar 25 | 26,317 | 3,043 | 7,227 | 0 |
| 31 Dec 24 | 16,201 | 1,453 | 4,778 | 0 |
| 30 Sep 24 | 19,097 | 1,956 | 5,400 | 0 |
| 30 Jun 24 | 21,993 | 2,459 | 6,022 | 0 |
| 31 Mar 24 | 24,501 | 2,751 | 6,627 | 0 |
| 31 Dec 23 | 27,009 | 3,043 | 7,232 | 0 |
| 30 Sep 23 | 27,292 | 3,219 | 7,716 | 0 |
| 30 Jun 23 | 27,575 | 3,395 | 8,200 | 0 |
| 31 Mar 23 | 28,382 | 3,343 | 8,446 | 0 |
| 31 Dec 22 | 29,189 | 3,291 | 8,692 | 0 |
| 30 Sep 22 | 29,074 | 2,945 | 8,309 | 0 |
| 30 Jun 22 | 28,959 | 2,598 | 7,925 | 0 |
| 31 Mar 22 | 27,897 | 2,439 | 7,779 | 0 |
| 31 Dec 21 | 26,834 | 2,280 | 7,632 | 0 |
| 30 Sep 21 | 25,920 | 2,226 | 7,446 | 0 |
| 30 Jun 21 | 25,005 | 2,171 | 7,259 | 0 |
| 31 Mar 21 | 24,074 | 1,925 | 7,029 | 0 |
| 31 Dec 20 | 23,142 | 1,679 | 6,799 | 0 |
| 30 Sep 20 | 23,749 | 1,622 | 7,055 | 0 |
| 30 Jun 20 | 24,356 | 1,565 | 7,311 | 0 |
| 31 Mar 20 | 25,539 | 1,898 | 7,679 | 0 |
| 31 Dec 19 | 26,722 | 2,230 | 8,046 | 0 |
| 30 Sep 19 | 26,988 | 2,209 | 8,288 | 0 |
| 30 Jun 19 | 27,253 | 2,187 | 8,529 | 0 |
| 31 Mar 19 | 27,360 | 1,845 | 8,662 | 0 |
| 31 Dec 18 | 27,466 | 1,502 | 8,794 | 0 |
| 30 Sep 18 | 27,528 | -2,211 | 8,575 | 0 |
| 30 Jun 18 | 27,375 | -2,370 | 8,601 | 0 |
| 31 Mar 18 | 28,027 | -1,742 | 8,464 | 0 |
| 31 Dec 17 | 27,021 | -1,675 | 8,315 | 0 |
| 30 Sep 17 | 26,388 | 1,899 | 8,455 | 0 |
| 30 Jun 17 | 26,480 | 2,500 | 8,318 | 0 |
| 31 Mar 17 | 26,472 | 2,098 | 8,643 | 0 |
| 31 Dec 16 | 26,904 | 1,748 | 8,491 | 0 |
| 30 Sep 16 | 27,776 | -1,501 | 8,940 | 0 |
| 30 Jun 16 | 28,280 | -1,884 | 9,106 | 0 |
| 31 Mar 16 | 25,731 | -2,006 | 8,344 | 0 |
| 31 Dec 15 | 23,584 | -1,572 | 7,879 | 0 |
| 30 Sep 15 | 20,980 | 1,578 | 6,766 | 0 |
| 30 Jun 15 | 18,545 | 1,375 | 5,995 | 0 |
Des revenus de qualité: HOLN a un important ponctuel perte de CHF1.3B impactant ses 12 derniers mois de résultats financiers à 31st December, 2025.
Augmentation de la marge bénéficiaire: Les marges bénéficiaires nettes actuelles de HOLN sont inférieures à celles de l'année dernière HOLN. (2.5%) sont inférieures à celles de l'année dernière (9%).
Analyse des flux de trésorerie disponibles par rapport aux bénéfices
Analyse de la croissance passée des bénéfices
Tendance des revenus: Les bénéfices de HOLN ont diminué de 3.5% par an au cours des 5 dernières années.
Accélération de la croissance: HOLN a connu une croissance négative de ses bénéfices au cours de l'année écoulée, elle ne peut donc pas être comparée à sa moyenne sur 5 ans.
Bénéfices par rapport au secteur d'activité: HOLN a enregistré une croissance négative de ses bénéfices ( -73.2% ) au cours de l'année écoulée, ce qui rend difficile la comparaison avec la moyenne du secteur Basic Materials ( -2.5% ).
Rendement des fonds propres
ROE élevé: Le retour sur capitaux propres de HOLN ( 2.9% ) est considéré comme faible.
Rendement des actifs
Rendement des capitaux employés
Découvrir des entreprises performantes dans le passé
Analyse de l'entreprise et données financières
| Données | Dernière mise à jour (heure UTC) |
|---|---|
| Analyse de l'entreprise | 2026/05/21 07:14 |
| Cours de l'action en fin de journée | 2026/05/21 00:00 |
| Les revenus | 2025/12/31 |
| Revenus annuels | 2025/12/31 |
Sources de données
Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.
| Paquet | Données | Cadre temporel | Exemple de source américaine * |
|---|---|---|---|
| Finances de l'entreprise | 10 ans |
| |
| Estimations consensuelles des analystes | +3 ans |
|
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| Prix du marché | 30 ans |
| |
| Propriété | 10 ans |
| |
| Gestion | 10 ans |
| |
| Principaux développements | 10 ans |
|
* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.
Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.
Modèle d'analyse et flocon de neige
Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github; nous proposons également des guides expliquant comment utiliser nos rapports et des tutoriels sur Youtube.
Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.
Indicateurs de l'industrie et du secteur
Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.
Sources des analystes
Holcim AG est couverte par 40 analystes. 16 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.
| Analyste | Institution |
|---|---|
| Gerhard Schwarz | Baader Helvea Equity Research |
| Patrick Appenzeller | Baader Helvea Equity Research |
| Pierre Sylvain Rousseau | Barclays |