🚀 VC round data is live in beta, check it out!
- Public Comps
- Rheinmetall
Rheinmetall Valuation Multiples
Discover revenue and EBITDA valuation multiples for Rheinmetall and similar public comparables like BAE Systems, L3Harris, General Dynamics, Thales and more.
Rheinmetall Overview
About Rheinmetall
Rheinmetall is an international group active in various markets with leading technological products and services. The sales focus is on the security technology and mobility segments. Since February 2021, the group structure has been made up of five divisions-vehicle systems, weapons and ammunition, electronic solutions, sensors and actuators, and materials and trade. The vehicle systems, weapons and ammunition, and electronic solutions divisions are among the defense and security industry's leading suppliers of innovative products to German and international defense forces. The sensors and actuators and materials and trade divisions' core area of expertise is the reduction of emissions, pollutants and fuel consumption.
Founded
1889
HQ

Employees
28.5K
Website
Financials (LTM)
EV
$79B
Rheinmetall Financials
Rheinmetall reported last 12-month revenue of $13B and EBITDA of $3B.
In the same LTM period, Rheinmetall generated $3B in gross profit, $3B in EBITDA, and $1B in net income.
Revenue (LTM)
Rheinmetall P&L
In the most recent fiscal year, Rheinmetall reported revenue of $12B and EBITDA of $3B.
Rheinmetall expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $13B | XXX | $12B | XXX | XXX | XXX |
| Gross Profit | $3B | XXX | $6B | XXX | XXX | XXX |
| Gross Margin | 22% | XXX | 52% | XXX | XXX | XXX |
| EBITDA | $3B | XXX | $3B | XXX | XXX | XXX |
| EBITDA Margin | 23% | XXX | 23% | XXX | XXX | XXX |
| EBIT Margin | 18% | XXX | 17% | XXX | XXX | XXX |
| Net Profit | $1B | XXX | $966M | XXX | XXX | XXX |
| Net Margin | 10% | XXX | 8% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Rheinmetall Stock Performance
Rheinmetall has current market cap of $79B, and enterprise value of $79B.
Market Cap Evolution
Rheinmetall's stock price is $1,709.01.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $79B | $79B | -0.5% | XXX | XXX | XXX | $20.87 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialRheinmetall Valuation Multiples
Rheinmetall trades at 6.0x EV/Revenue multiple, and 26.3x EV/EBITDA.
EV / Revenue (LTM)
Rheinmetall Financial Valuation Multiples
As of April 14, 2026, Rheinmetall has market cap of $79B and EV of $79B.
Equity research analysts estimate Rheinmetall's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Rheinmetall has a P/E ratio of 62.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $79B | XXX | $79B | XXX | XXX | XXX |
| EV (current) | $79B | XXX | $79B | XXX | XXX | XXX |
| EV/Revenue | 6.0x | XXX | 6.8x | XXX | XXX | XXX |
| EV/EBITDA | 26.3x | XXX | 29.8x | XXX | XXX | XXX |
| EV/EBIT | 34.2x | XXX | 39.6x | XXX | XXX | XXX |
| EV/Gross Profit | 27.4x | XXX | 12.9x | XXX | XXX | XXX |
| P/E | 62.2x | XXX | 81.9x | XXX | XXX | XXX |
| EV/FCF | 42.0x | XXX | 47.6x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Rheinmetall Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Rheinmetall Margins & Growth Rates
Rheinmetall's revenue in the last 12 month grew by 43%.
Rheinmetall's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.1M for the same period.
Rheinmetall's rule of 40 is 68% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Rheinmetall's rule of X is 137% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Rheinmetall Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 43% | XXX | 45% | XXX | XXX | XXX |
| EBITDA Margin | 23% | XXX | 23% | XXX | XXX | XXX |
| EBITDA Growth | 44% | XXX | 46% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 68% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 137% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 2% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 35% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Rheinmetall Public Comps
See public comps and valuation multiples for other Defense Systems and Wholesale Distribution comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Rheinmetall | XXX | XXX | XXX | XXX | XXX | XXX |
| BAE Systems | XXX | XXX | XXX | XXX | XXX | XXX |
| L3Harris | XXX | XXX | XXX | XXX | XXX | XXX |
| General Dynamics | XXX | XXX | XXX | XXX | XXX | XXX |
| Thales | XXX | XXX | XXX | XXX | XXX | XXX |
| Cencora | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Rheinmetall M&A Activity
Rheinmetall acquired XXX companies to date.
Last acquisition by Rheinmetall was on XXXXXXXX, XXXXX. Rheinmetall acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Rheinmetall
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialRheinmetall Investment Activity
Rheinmetall invested in XXX companies to date.
Rheinmetall made its latest investment on XXXXXXXX, XXXXX. Rheinmetall invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Rheinmetall
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Rheinmetall
| When was Rheinmetall founded? | Rheinmetall was founded in 1889. |
| Where is Rheinmetall headquartered? | Rheinmetall is headquartered in Germany. |
| How many employees does Rheinmetall have? | As of today, Rheinmetall has over 28K employees. |
| Is Rheinmetall publicly listed? | Yes, Rheinmetall is a public company listed on Frankfurt Stock Exchange. |
| What is the stock symbol of Rheinmetall? | Rheinmetall trades under RHM ticker. |
| When did Rheinmetall go public? | Rheinmetall went public in 1889. |
| Who are competitors of Rheinmetall? | Rheinmetall main competitors are BAE Systems, L3Harris, General Dynamics, Thales. |
| What is the current market cap of Rheinmetall? | Rheinmetall's current market cap is $79B. |
| What is the current revenue of Rheinmetall? | Rheinmetall's last 12 months revenue is $13B. |
| What is the current revenue growth of Rheinmetall? | Rheinmetall revenue growth (NTM/LTM) is 43%. |
| What is the current EV/Revenue multiple of Rheinmetall? | Current revenue multiple of Rheinmetall is 6.0x. |
| Is Rheinmetall profitable? | Yes, Rheinmetall is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Rheinmetall? | Rheinmetall's last 12 months EBITDA is $3B. |
| What is Rheinmetall's EBITDA margin? | Rheinmetall's last 12 months EBITDA margin is 23%. |
| What is the current EV/EBITDA multiple of Rheinmetall? | Current EBITDA multiple of Rheinmetall is 26.3x. |
| What is the current FCF of Rheinmetall? | Rheinmetall's last 12 months FCF is $2B. |
| What is Rheinmetall's FCF margin? | Rheinmetall's last 12 months FCF margin is 14%. |
| What is the current EV/FCF multiple of Rheinmetall? | Current FCF multiple of Rheinmetall is 42.0x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.