Siemens Past Earnings Performance

Past criteria checks 2/6

Siemens has been growing earnings at an average annual rate of 15.8%, while the Industrials industry saw earnings growing at 15.8% annually. Revenues have been growing at an average rate of 7.9% per year. Siemens's return on equity is 12.6%, and it has net margins of 9.7%.

Key information

15.8%

Earnings growth rate

16.4%

EPS growth rate

Industrials Industry Growth	6.9%
Revenue growth rate	7.9%
Return on equity	12.6%
Net Margin	9.7%
Next Earnings Update	15 May 2025

Recent past performance updates

No updates

Recent updates

No updates

Revenue & Expenses Breakdown

How Siemens makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:SIE0 Revenue, expenses and earnings (EUR Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
31 Dec 24	76,538	7,444	14,111	6,325
30 Sep 24	75,930	8,216	13,984	6,276
30 Jun 24	75,067	8,021	13,915	6,274
31 Mar 24	74,312	7,239	13,662	6,236
31 Dec 23	74,557	8,871	13,577	6,179
30 Sep 23	74,882	7,946	13,553	6,113
30 Jun 23	74,838	8,917	13,527	6,029
31 Mar 23	74,561	6,047	13,389	5,906
31 Dec 22	73,550	3,571	13,273	5,770
30 Sep 22	71,977	3,744	12,857	5,591
30 Jun 22	68,850	2,148	12,422	5,456
31 Mar 22	67,066	5,042	12,182	5,277
31 Dec 21	64,691	5,403	11,663	5,046
30 Sep 21	62,265	5,099	11,191	4,859
30 Jun 21	59,636	4,910	10,637	4,612
31 Mar 21	56,531	4,603	10,216	4,478
31 Dec 20	55,650	4,160	10,303	4,509
30 Sep 20	55,254	3,986	10,682	4,569
30 Jun 20	56,813	4,293	10,851	4,654
31 Mar 20	58,072	4,307	11,024	4,723
31 Dec 19	52,042	4,850	10,276	4,487
30 Sep 19	58,483	4,684	10,688	4,669
30 Jun 19	64,715	3,996	11,342	4,952
31 Mar 19	70,950	4,102	11,888	5,168
31 Dec 18	83,337	4,520	13,054	5,640
30 Sep 18	83,044	5,683	12,941	5,558
30 Jun 18	82,654	6,352	12,756	5,467
31 Mar 18	83,479	6,665	12,723	5,442
31 Dec 17	83,473	6,150	12,597	5,261
30 Sep 17	82,863	5,908	12,360	5,164
30 Jun 17	82,599	5,860	12,077	5,010
31 Mar 17	81,105	5,781	11,783	4,862
31 Dec 16	79,966	5,744	11,720	4,798
30 Sep 16	79,644	5,262	11,669	4,732
30 Jun 16	79,019	5,064	11,738	4,674
31 Mar 16	78,059	4,996	11,763	4,597
31 Dec 15	77,112	5,614	11,641	4,559
30 Sep 15	75,636	5,251	11,409	4,483
30 Jun 15	75,439	5,814	11,660	4,402
31 Mar 15	73,420	5,798	10,662	4,229
31 Dec 14	72,759	5,032	10,894	4,156
30 Sep 14	71,227	5,158	10,190	4,020
30 Jun 14	70,621	4,767	10,291	3,867
31 Mar 14	71,714	4,429	10,724	3,933

Quality Earnings: SIE0 has high quality earnings.

Growing Profit Margin: SIE0's current net profit margins (9.7%) are lower than last year (11.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SIE0's earnings have grown by 15.8% per year over the past 5 years.

Accelerating Growth: SIE0's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SIE0 had negative earnings growth (-16.1%) over the past year, making it difficult to compare to the Industrials industry average (3%).

Return on Equity

High ROE: SIE0's Return on Equity (12.6%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/23 06:52
End of Day Share Price	2025/02/21 00:00
Earnings	2024/12/31
Annual Earnings	2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Siemens Aktiengesellschaft is covered by 57 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Guenther Hollfelder	Baader Helvea Equity Research
null null	Banco de Sabadell. S.A.
Lourdes Dominguez	Banco Santander