RWE Balance Sheet Health
Financial Health criteria checks 4/6
RWE has a total shareholder equity of €42.8B and total debt of €24.5B, which brings its debt-to-equity ratio to 57.3%. Its total assets and total liabilities are €116.8B and €73.9B respectively.
Key information
57.29%
Debt to equity ratio
€24.53b
Debt
| Interest coverage ratio | n/a |
| Cash | €12.96b |
| Equity | €42.82b |
| Total liabilities | €73.94b |
| Total assets | €116.77b |
Recent financial health updates
Analysis Article • Jan 07
Does RWE (ETR:RWE) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Jul 15
Here's Why RWE (ETR:RWE) Is Weighed Down By Its Debt Load
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Recent updates
Narrative Update • Jun 03
RWE: Future Returns Will Reflect Global Wind And Battery Project Execution
RWE's updated fair value rises slightly to about €63, as analysts factor in higher profit margin expectations and refreshed price targets that include upward revisions from several brokerages alongside a recent downgrade to Neutral. Analyst Commentary Recent research shows a mix of optimism and caution around RWE's outlook, with several price target revisions in both directions.Narrative Update • May 16
RWE: Future Returns Will Reflect US Buildout And Fusion Project Progress
RWE's updated analyst price target edges higher to €66, with recent bank research pointing to adjusted fair value assumptions, a slightly higher discount rate, and revised revenue growth and margin forecasts as the key drivers behind the change. Analyst Commentary Recent Street research on RWE clusters around higher price targets and a shift toward more neutral ratings, giving you a mix of constructive and cautious signals on valuation and execution risk.Narrative Update • May 02
RWE: Future Returns Will Balance US Buildout Fusion Efforts And Mixed Sentiment
The analyst price target for RWE has been raised by about €2 per share, with analysts citing updated fair value estimates and revised assumptions for the discount rate, revenue growth, profit margins and future P/E as the main drivers of the change. Analyst Commentary Recent Street research on RWE shows a cluster of upward price target revisions, alongside at least one downgrade, giving you a mix of optimism and caution to weigh.Narrative Update • Apr 17
RWE: Future Returns Will Depend On US Buildout And Fusion Commitment
The analyst price target for RWE has been raised slightly, with the model derived fair value moving from about €59.49 to around €60.12. Analysts are factoring in updated assumptions that keep revenue growth, profit margin and future P/E broadly in line with earlier expectations while incorporating a modestly higher discount rate and a series of recent price target increases from major banks.Narrative Update • Apr 01
RWE: Future Returns Will Hinge On US Buildout And Fusion Partnerships
RWE's updated fair value estimate has risen from €57.44 to €59.49 as analysts factor in recently higher price targets from several banks and slightly adjust assumptions on the discount rate, profit margin, and future P/E multiples. Analyst Commentary Recent Street research on RWE shows a cluster of upward price target revisions from several banks alongside a mix of rating changes.Narrative Update • Mar 18
RWE: Future Returns Will Reflect US Buildout And Fusion Project Execution
RWE's analyst price target has been revised from about €55.53 to roughly €57.44 as analysts factor in updated expectations for revenue growth, modestly different profit margin assumptions, and recent price target moves from several major banks. Analyst Commentary Recent research updates on RWE show a mix of cautious and more constructive views, with several firms revisiting both ratings and price targets.Narrative Update • Mar 03
RWE: Future Returns Will Reflect Fusion Ambitions And Offshore Wind Execution
The analyst price target for RWE has been increased by €13, as analysts incorporate updated assumptions on the discount rate, margin profile and future P/E, while also digesting a mix of recent downgrades and price target hikes across the Street. Analyst Commentary Bullish Takeaways Bullish analysts who lifted their price targets by €6, €13 and €16 are signaling confidence that recent assumptions on discount rate, margin profile and future P/E still leave room for upside in RWE’s valuation framework.Narrative Update • Feb 17
RWE: Future Returns Will Reflect Offshore Wind JV And Mixed Margin Expectations
The updated analyst price target for RWE rises to €55.53 from €53.74. Analysts attribute the change to refreshed assumptions on discount rates, profit margins and future P/E, as well as recent target increases from Citi, JPMorgan and Berenberg, partially offset by a downgrade at Bernstein.Narrative Update • Feb 03
RWE: Future Returns Will Reflect Offshore Wind JV And Margin Assumptions
Analysts have lifted their price target on RWE, with the fair value estimate moving from €50.82 to €53.74. This reflects updated expectations around discount rates, profit margins and future P/E assumptions discussed in recent research.Narrative Update • Jan 20
RWE: Future Returns Will Reflect Offshore Wind JV And Stable Outlook
Analysts have raised their price target for RWE to around €50.82 from about €49.14, citing slightly revised assumptions on discount rates, revenue growth, profit margins and future P/E levels. What's in the News KKR and RWE agreed to form a 50:50 joint venture to build and operate the Norfolk Vanguard East and Norfolk Vanguard West offshore wind projects in the UK, with a combined planned capacity of about 3 GW and total development and capital expenditure of over US$15b (Key Developments).Analysis Article • Jan 07
Does RWE (ETR:RWE) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Narrative Update • Jan 05
RWE: Future Returns Will Reflect Stable Outlook And New Louisiana Solar Project
Analysts have kept their price target for RWE broadly steady at about €49.14, citing only minor tweaks to assumptions around the discount rate, revenue growth, profit margin and future P/E that do not materially change their overall view. What's in the News RWE completed construction of its first project in Louisiana, the 100 MW Lafitte Solar project in Ouachita Parish, with the site expected to be fully online and generating energy by year end (company event).Narrative Update • Dec 18
RWE: Future Returns Will Reflect Expanding US Solar And Hydrogen Platforms
Analysts have modestly raised their price target on RWE, now seeing approximately €1 higher fair value as they factor in slightly faster revenue growth, improved profit margins, and a lower expected future price-to-earnings multiple. What's in the News RWE completed construction of its first project in Louisiana, the 100 MW Lafitte Solar facility.Narrative Update • Dec 04
RWE: Future Returns Will Reflect Renewables Execution And Hydrogen Project Progress
Analysts have modestly raised their price target on RWE to approximately €48 from about €47, citing slightly improved profit margin expectations and a marginally higher future P/E multiple, even though growth and discount rate assumptions remain broadly unchanged. What's in the News RWE completed construction of its first project in Louisiana, the 100 MW Lafitte Solar plant, which is expected to be fully online by year end and supported by a long term PPA with Meta that includes associated environmental benefits and RECs (Key Developments).Narrative Update • Nov 20
RWE: Future Developments Will Reflect Execution Risks And Renewables Transition Progress
Analysts have modestly adjusted their price target for RWE AG, increasing it from €45.51 to €47.16. They cite improved revenue growth projections and steady profit margins as key drivers for this upward revision.Narrative Update • Nov 06
RWE: Future Performance Will Reflect Execution Risks and Renewables Developments
Analysts have modestly increased their price target for RWE to approximately €45.51, up from €44.45. This reflects revised expectations for revenue growth and a slightly higher discount rate, even as profit margin forecasts edged lower.Narrative Update • Oct 22
Analyst Commentary Highlights Modest Valuation Increase for RWE Amid Strategic Shifts and Renewables Focus
Analysts have slightly increased their fair value estimate for RWE to approximately €44.45 from €43.98, citing updated forecasts for revenue growth and future profitability. This increase comes despite some recent reductions in Street price targets.Narrative Update • Oct 08
UK Policies And US Incentives Will Strengthen Renewables Despite Risks
Analysts have slightly raised their fair value estimate for RWE to €43.98. They cite adjustments in discount rates and revised assumptions for profit margins, despite a modest reduction in Street-wide price targets.Narrative Update • Sep 10
UK Policies And US Incentives Will Strengthen Renewables Despite Risks
Analysts have raised RWE’s price target slightly to €43.20, citing the company's strengthening in renewables and solid operational performance, though tempered by concerns over commodity volatility and regulatory risks. Analyst Commentary Bullish analysts cite RWE's strategic positioning in renewables and clean energy as enhancing long-term growth prospects.Analysis Article • Sep 02
Earnings Working Against RWE Aktiengesellschaft's (ETR:RWE) Share Price
With a price-to-earnings (or "P/E") ratio of 10x RWE Aktiengesellschaft ( ETR:RWE ) may be sending bullish signals at...Analysis Article • Aug 02
RWE (ETR:RWE) Might Have The Makings Of A Multi-Bagger
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...Analysis Article • Jul 15
Here's Why RWE (ETR:RWE) Is Weighed Down By Its Debt Load
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Narrative • Nov 24
Growing Green Strategy Powers Future Revenue But Margin Pressures And Uncertainty Loom
Ongoing investment in the Growing Green strategy and capital reallocation may optimize future earnings and revenue growth.Financial Position Analysis
Short Term Liabilities: RWE's short term assets (€45.6B) exceed its short term liabilities (€36.2B).
Long Term Liabilities: RWE's short term assets (€45.6B) exceed its long term liabilities (€37.7B).
Debt to Equity History and Analysis
Debt Level: RWE's net debt to equity ratio (27%) is considered satisfactory.
Reducing Debt: RWE's debt to equity ratio has increased from 27.9% to 57.3% over the past 5 years.
Debt Coverage: RWE's debt is well covered by operating cash flow (22.3%).
Interest Coverage: Insufficient data to determine if RWE's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/10 23:01 |
| End of Day Share Price | 2026/06/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
RWE Aktiengesellschaft is covered by 36 analysts. 18 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 |
|---|---|
| Jorge González Sadornil | Banco de Sabadell. S.A. |
| Oscar Nájar Ríos | Banco Santander |
| Monica Girardi | Barclays |