Maker of ATMs and self-checkout/point-of-sale systems for banks and retailers worldwide.
Maker of ATMs and self-checkout/point-of-sale systems for banks and retailers worldwide.
Earns from selling ATMs and checkout systems, but the long-run base is service: maintenance contracts and software run across thousands of banks and retailers over the life of the machines. After a prepackaged Chapter 11 restructuring in 2023 it cut its debt load and restarted from a new equity base.
Moat: narrow (installed base, switching costs). Long-lived installed base and multi-year service contracts across banks and retailers globally.
Headquarters: North Canton, Ohio, US · Founded: 1859 · Employees: 20,000
Size Diebold Nixdorf (DBD) is a United States Information Technology company (Electronic Equipment/Instruments) with a market value of $1.96B, the 1805th largest of 3,117 United States companies the cockpit tracks. Shares closed at $58.27 on 6 Nov 2026.
Performance Over six months the shares fell 25.3%, against -20.0% for the median peer and -1.1% for the United States market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue grew 6.2% over the last twelve months (peer median +8.0%); the operating margin is 9.0% (peer median 8.3%).
Valuation It trades at 10.5× forward earnings against a peer median of 19.7× (cheapest of 17).
Price implies For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is -1 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 5.7 points above its cost of capital (9.0% WACC).
Backlog Backlog (remaining performance obligations) was $1.40B at 30 Sep 2025, up 8% on a year earlier — 0.4 years of trailing revenue. Backlog detail →
Credit Diebold Nixdorf has 1 bond outstanding ($950M), rated B+ by the agencies and trading like BB- at a weighted spread of 245 bp.
Short interest Short interest is 9.1% of the free float (15 Oct 2026).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $3.92B | $3.81B | $3.75B | $3.76B | $3.46B |
| Revenue growth | — | +1% | 0% | +9% | — |
| Gross profit | $1.02B | $1.00B | $948M | $876M | $778M |
| EBITDA | $476M | $462M | $420M | $288M | $146M |
| Net income | $76.7M | $94.6M | -$16.5M | $1.38B | -$581M |
| Free cash flow | $154M | $263M | $132M | -$282M | -$441M |
| Capital expenditure | $61.0M | $61.7M | $40.4M | $47.8M | $53.1M |
| Total debt | $1.12B | $1.08B | $1.07B | $1.36B | $2.74B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Diebold Nixdorf DBD | $1.96B | -25% | +6% | 9% | 10.5× | -2.0% |
| NCR Voyix VYX | $1.35B | +17% | -5% | 7% | 9.9× | n/a |
| Fiserv FISV | $33.4B | +13% | -2% | 19% | 8.2× | n/a |
| NCR Atleos NATL | $3.49B | +7% | +2% | 14% | 9.6× | -9.2% |
| Toshiba Tec 6588.T | $918M | -2% | +7% | 3% | 11.3× | n/a |
| Glory 6457.T | $1.53B | +16% | -8% | 9% | 12.2× | -8.1% |
| OKI Electric Industry 6703.T | $1.24B | -32% | -4% | 4% | 11.3× | 10.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | DBD | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.5% | -4.4% | 10th lowest of 21 |
| 6-month return | -25.3% | -20.0% | 8th lowest of 21 |
| Distance from 52-week high | -36.7% | -47.1% | 7th highest of 21 |
| Revenue growth (TTM) | +6.2% | +8.0% | 10th lowest of 21 |
| Operating margin | 9.0% | 8.3% | 10th highest of 21 |
| Forward P/E | 10.5× | 19.7× | cheapest of 17 |
| Growth the price implies (Req g, 7 yrs) | -2.0% | 16.7% | 2nd least demanding of 15 |
| Growth delivered (Del g) | -0.5% | +10.4% | lowest of 15 |
| Hurdle (Req g minus delivered) | -1.5 pp | +3.6 pp | 6th least demanding of 15 |
| ROIC minus cost of capital | +5.7 pp | -0.4 pp | 4th highest of 21 |
| EV / EBITDA | 6.1× | 12.2× | 2nd cheapest of 7 |
| Net debt / EBITDA | 2.0× | -1.2× | most indebted of 7 |
| Bond spread | 245 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Diebold Nixdorf DBD | United States | $1.96B | -25% | +6% | 9% | 10.5× | -2.0% | -0.5% |
| Goodwe Technologies 688390.SS | China | $1.93B | -51% | +53% | 5% | 17.1× | 17.4% | +41.2% |
| ULVAC 6728.T | Japan | $2.01B | -34% | +7% | 7% | 15.5× | 14.1% | +8.0% |
| Shenzhen Everbest Machinery Industry 002980.SZ | China | $1.90B | -16% | +64% | 23% | n/a | n/a | n/a |
| Anritsu 6754.T | Japan | $1.87B | -45% | +21% | 15% | 16.3× | 11.3% | +2.1% |
| Shanghai Feilo Acoustics 600651.SS | China | $1.82B | -30% | -11% | -3% | n/a | n/a | n/a |
| Shenzhen Topband 002139.SZ | China | $1.81B | -8% | +9% | 3% | 37.7× | n/a | n/a |
| Beijing Aerospace Shenzhou Intelligent Equipment Technology 300455.SZ | China | $1.81B | -36% | -29% | -4% | n/a | n/a | n/a |
| Hanwei Electronics 300007.SZ | China | $1.79B | -15% | -3% | 2% | 65.2× | 40.9% | +4.6% |
| Oxford Instruments OXIG.L | United Kingdom | $1.79B | -16% | -15% | 15% | 21.9× | 20.1% | +5.8% |
| Suzhou Hengmingda Electronic Technology 002947.SZ | China | $1.78B | -43% | +13% | 18% | 15.6× | 9.4% | +34.8% |
| Jiangsu Linyang Energy 601222.SS | China | $1.74B | -6% | +35% | 8% | 15.4× | n/a | n/a |
| Keli Sensing Technology (Ningbo) 603662.SS | China | $2.28B | -4% | +24% | 19% | 51.6× | 24.7% | +13.4% |
| Suzhou TZTEK Technology 688003.SS | China | $1.67B | -19% | +33% | 5% | 64.3× | 42.0% | +13.2% |
| Zhejiang HangKe Technology 688006.SS | China | $1.64B | -43% | +12% | 3% | 24.0× | 16.0% | +14.9% |
| Shenzhen VMAX New Energy (Group) 688612.SS | China | $1.63B | -21% | -6% | 9% | 17.5× | 18.8% | +57.4% |
| Sineng Electric 300827.SZ | China | $2.35B | -25% | +29% | 12% | 24.7× | n/a | n/a |
| Hexing Electrical 603556.SS | China | $1.61B | -23% | +6% | 9% | 14.2× | 0.1% | +11.3% |
| Glory 6457.T | Japan | $1.53B | +16% | -8% | 9% | 12.2× | -8.1% | +9.3% |
| TAIFLEX Scientific 8039.TW | Taiwan | $1.51B | +36% | +3% | 6% | n/a | 28.3% | +3.9% |
| Vaisala VAIAS.HE | Finland | $2.54B | +22% | +2% | 16% | 26.9× | 9.7% | +9.5% |
Diebold Nixdorf has 1 bond outstanding with $950M face value. The agencies rate it B+; its bonds trade like BB-. Weighted yield 6.93%, a spread of 245 bp over government bonds.
Diebold Nixdorf reported $1.40B of remaining performance obligations at 30 Sep 2025, up 8% from a year earlier and flat from the previous quarter. That is 0.4 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.