Lechwerke AG

DB:LEC Stock Report

Market Cap: €2.5b

Lechwerke Past Earnings Performance

Past criteria checks 2/6

Lechwerke's earnings have been declining at an average annual rate of -0.7%, while the Electric Utilities industry saw earnings growing at 16.2% annually. Revenues have been declining at an average rate of 7.1% per year. Lechwerke's return on equity is 17.9%, and it has net margins of 10.6%.

Key information

-0.65%

Earnings growth rate

1.36%

EPS growth rate

Electric Utilities Industry Growth7.32%
Revenue growth rate-7.08%
Return on equity17.90%
Net Margin10.60%
Last Earnings Update31 Dec 2025

Recent past performance updates

Analysis Article Sep 17

Earnings Troubles May Signal Larger Issues for Lechwerke (FRA:LEC) Shareholders

A lackluster earnings announcement from Lechwerke AG ( FRA:LEC ) last week didn't sink the stock price. However, we...
Analysis Article Mar 29

Why Lechwerke's (FRA:LEC) Earnings Are Better Than They Seem

Lechwerke AG's ( FRA:LEC ) recent earnings report didn't offer any surprises, with the shares unchanged over the last...

Recent updates

Analysis Article Sep 17

Earnings Troubles May Signal Larger Issues for Lechwerke (FRA:LEC) Shareholders

A lackluster earnings announcement from Lechwerke AG ( FRA:LEC ) last week didn't sink the stock price. However, we...
Analysis Article Jul 17

Lechwerke (FRA:LEC) Is Finding It Tricky To Allocate Its Capital

Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
Analysis Article Mar 25

These Return Metrics Don't Make Lechwerke (FRA:LEC) Look Too Strong

If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
Analysis Article Jan 15

Estimating The Intrinsic Value Of Lechwerke AG (FRA:LEC)

Key Insights The projected fair value for Lechwerke is €77.08 based on 2 Stage Free Cash Flow to Equity With €77.00...
Analysis Article Oct 22

Some Investors May Be Worried About Lechwerke's (FRA:LEC) Returns On Capital

If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? When we...
Analysis Article Oct 01

A Look At The Fair Value Of Lechwerke AG (FRA:LEC)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Lechwerke fair value estimate is €70.53 Lechwerke's €70.50...
Analysis Article May 22

Some Confidence Is Lacking In Lechwerke AG's (FRA:LEC) P/S

Lechwerke AG's ( FRA:LEC ) price-to-sales (or "P/S") ratio of 1.9x may not look like an appealing investment...
Analysis Article Mar 29

Why Lechwerke's (FRA:LEC) Earnings Are Better Than They Seem

Lechwerke AG's ( FRA:LEC ) recent earnings report didn't offer any surprises, with the shares unchanged over the last...
Analysis Article Jan 30

Lechwerke (FRA:LEC) Has Some Difficulty Using Its Capital Effectively

Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
Analysis Article Dec 14

Estimating The Fair Value Of Lechwerke AG (FRA:LEC)

Key Insights The projected fair value for Lechwerke is €71.17 based on 2 Stage Free Cash Flow to Equity With €82.00...
Analysis Article Sep 28

Returns On Capital At Lechwerke (FRA:LEC) Paint A Concerning Picture

When researching a stock for investment, what can tell us that the company is in decline? When we see a declining...
Analysis Article Nov 22

Returns On Capital At Lechwerke (FRA:LEC) Have Hit The Brakes

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Analysis Article Aug 08

Here's What's Concerning About Lechwerke's (FRA:LEC) Returns On Capital

To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Analysis Article May 10

Lechwerke (FRA:LEC) Is Finding It Tricky To Allocate Its Capital

If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
Analysis Article Jan 20

Returns On Capital At Lechwerke (FRA:LEC) Paint A Concerning Picture

Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
Analysis Article Oct 06

Lechwerke (FRA:LEC) Could Be Struggling To Allocate Capital

What financial metrics can indicate to us that a company is maturing or even in decline? More often than not, we'll see...
Analysis Article May 05

Lechwerke AG (FRA:LEC) Is Yielding 2.3% - But Is It A Buy?

Today we'll take a closer look at Lechwerke AG ( FRA:LEC ) from a dividend investor's perspective. Owning a strong...
Analysis Article Mar 09

Will the Promising Trends At Lechwerke (FRA:LEC) Continue?

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Feb 02

Has Lechwerke AG (FRA:LEC) Stock's Recent Performance Got Anything to Do With Its Financial Health?

Lechwerke's (FRA:LEC) stock is up by 2.6% over the past three months. Given that stock prices are usually aligned with...
Analysis Article Jan 12

Are Lechwerke's (FRA:LEC) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Broadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...
Analysis Article Dec 21

Lechwerke (FRA:LEC) Has Compensated Shareholders With A Respectable 68% Return On Their Investment

When we invest, we're generally looking for stocks that outperform the market average. And the truth is, you can make...
Analysis Article Nov 30

Lechwerke AG (FRA:LEC) Has Got What It Takes To Be An Attractive Dividend Stock

Could Lechwerke AG (FRA:LEC) be an attractive dividend share to own for the long haul? Investors are often drawn to...

Revenue & Expenses Breakdown

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


Earnings and Revenue History

DB:LEC Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2593499600
30 Sep 2599795620
30 Jun 251,05990640
31 Mar 251,117106600
31 Dec 241,175121570
30 Sep 241,227109560
30 Jun 241,27997550
31 Mar 241,374117540
31 Dec 231,468137530
30 Sep 231,770144530
30 Jun 232,071151960
31 Mar 232,19886940
31 Dec 222,32521490
30 Sep 222,11734440
30 Jun 221,91047380
31 Mar 221,72479380
31 Dec 211,539111390
30 Sep 211,386127380
30 Jun 211,233143370
31 Mar 211,248130370
31 Dec 201,263117360
30 Sep 201,33998290
30 Jun 201,41580210
31 Mar 201,441110210
01 Jan 201,467140210
01 Oct 191,436129390
30 Jun 191,404117570
31 Mar 191,35998570
31 Dec 181,31578580
30 Sep 181,29194480
30 Jun 181,268110380
31 Mar 181,278117390
31 Dec 171,288123400
30 Sep 171,319113360
30 Jun 171,350103320
31 Mar 171,364107320
31 Dec 161,379112330
30 Sep 161,362115430
30 Jun 161,347119540
31 Mar 161,320139520
31 Dec 151,292158500
30 Sep 15642104-350
30 Jun 1582196-190

Quality Earnings: LEC has high quality earnings.

Growing Profit Margin: LEC's current net profit margins (10.6%) are higher than last year (10.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: LEC's earnings have declined by 0.7% per year over the past 5 years.

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

Earnings vs Industry: LEC had negative earnings growth (-18.1%) over the past year, making it difficult to compare to the Electric Utilities industry average (-1.5%).


Return on Equity

High ROE: LEC's Return on Equity (17.9%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 18:57
End of Day Share Price 2026/05/11 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Lechwerke AG is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.