Rheinmetall AG

OTCPK:RNMB.F Stock Report

Market Cap: US$66.2b

Rheinmetall Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Armin Papperger

Chief executive officer

€10.2m

Total compensation

CEO salary percentage16.44%
CEO tenure14.4yrs
CEO ownershipn/a
Management average tenure5.4yrs
Board average tenure8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Armin Papperger's remuneration changed compared to Rheinmetall's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

€1b

Dec 31 2025€10m€2m

€1b

Sep 30 2025n/an/a

€799m

Jun 30 2025n/an/a

€783m

Mar 31 2025n/an/a

€777m

Dec 31 2024€4m€1m

€747m

Sep 30 2024n/an/a

€685m

Jun 30 2024n/an/a

€652m

Mar 31 2024n/an/a

€576m

Dec 31 2023€4m€1m

€579m

Sep 30 2023n/an/a

€509m

Jun 30 2023n/an/a

€479m

Mar 31 2023n/an/a

€473m

Dec 31 2022€4m€1m

€468m

Sep 30 2022n/an/a

€382m

Jun 30 2022n/an/a

€382m

Mar 31 2022n/an/a

€393m

Dec 31 2021€6m€1m

€391m

Sep 30 2021n/an/a

€346m

Jun 30 2021n/an/a

€350m

Mar 31 2021n/an/a

€276m

Dec 31 2020€6m€1m

€256m

Sep 30 2020n/an/a

€263m

Jun 30 2020n/an/a

€244m

Mar 31 2020n/an/a

€328m

Dec 31 2019€5m€1m

€335m

Compensation vs Market: Armin's total compensation ($USD11.77M) is about average for companies of similar size in the US market ($USD14.74M).

Compensation vs Earnings: Armin's compensation has increased by more than 20% in the past year.

CEO

Armin Papperger (63 yo)

14.4yrs
Tenure
€10,162,000
Compensation

Mr. Armin Theodor Papperger serves as Member of the Advisory Board at 4iG Nyrt. He has been the Chairman of the Executive Board and Chief Executive Officer at Rheinmetall AG since January 01, 2013 and has...

Leadership Team

NamePositionTenureCompensationOwnership
Armin Papperger
Chairman of the Executive Board & CEO14.4yrs€10.16mno data
Klaus Neumann
CFO & Member of Executive Board1.4yrs€1.91mno data
Rene Gansauge
COO & Member of Executive Board1.4yrs€2.02mno data
Vera Saal
CHRO, Director of Labor Relations & Member of Executive Boardless than a year€926.00kno data
Dirk Winkels
Head of Investor Relationsno datano datano data
Michael Salzmann
Chief Compliance Officer11.9yrsno datano data
Rolf Giebeler
Representative Director of Law & General Counsel9.4yrsno datano data
Philipp von Brandenstein
Head of Corporate Communicationsno datano datano data
Anika Marker
Investor Relations Managerno datano datano data
5.4yrs
Average Tenure
54.5yo
Average Age

Experienced Management: RNMB.F's management team is seasoned and experienced (5.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Andreas Georgi Saori Dubourg
Independent Member of Supervisory Board24yrs€148.00kno data
Sigmar Gabriel
Member of Supervisory Board1.1yrs€82.60kno data
Dagmar Muth
Employee Representative Supervisory Board Member10.9yrs€138.00kno data
Ulrich Grillo
Independent Chairman of Supervisory Board10.1yrs€397.00kno data
Michael Mielke
Employee Representative Supervisory Board Member15.8yrs€108.00kno data
Saori Dubourg
Member of Supervisory Board2.1yrs€130.00kno data
Marc Tungler
Member of Supervisory Board2.2yrs€154.40kno data
Daniel Hay
Deputy Chairman of Employee Representative Supervisory Board12.1yrs€269.00kno data
Sven Schmidt
Employee Representative Supervisory Board Member11.9yrs€180.00kno data
Sabina Jeschke
Employee Representative Member of Supervisory Board1.1yrs€82.60kno data
Ralf Bolm
Employee Representative Supervisory Board Member5.9yrs€158.00kno data
Murat Kuplemez
Employee Representative Member of Supervisory Board4.1yrs€135.95kno data
8.0yrs
Average Tenure
60yo
Average Age

Experienced Board: RNMB.F's board of directors are considered experienced (8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/11 11:54
End of Day Share Price 2026/06/11 00:00
Earnings2026/03/31
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

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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

Rheinmetall AG is covered by 34 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lourdes DominguezBanco Santander
Afonso OsorioBarclays
Charlotte KeyworthBarclays