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French automaker making Renault, Dacia and Alpine passenger vehicles, with a long-standing alliance with Nissan.
French automaker making Renault, Dacia and Alpine passenger vehicles, with a long-standing alliance with Nissan.
Earns from car sales to dealers and fleets, plus interest through its own finance arm, RCI Bank, which lends to car buyers and dealers. The alliance with Nissan was reset in 2023 around cross-shareholdings, so Nissan contributes a share of profit rather than sales. Dacia sells on low price.
Moat: none (brand, scale). Established European mass-market brand but faces intense EV and Chinese competition with thin differentiation.
Headquarters: Boulogne-Billancourt, France · Founded: 1899 · Employees: 100,541
Size Renault (RNO.PA) is a France Consumer Discretionary company (Motor Vehicles) with a market value of $9.39B, the 50th largest of 206 France companies the cockpit tracks. Shares closed at €28.90 on 6 Nov 2026.
Performance Over six months the shares gained 2.1%, against -15.4% for the median peer and -0.4% for the France market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue grew 6.4% over the last twelve months (peer median +7.5%); the operating margin is 5.9% (peer median 4.4%).
Valuation It trades at 4.9× forward earnings against a peer median of 16.1× (cheapest of 16).
Price implies For today's price to make sense, revenue must grow about 3% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -3 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.2 points below its cost of capital (5.8% WACC).
Credit Renault has 5 bonds outstanding ($3.56B), rated BBB- by the agencies and trading like BBB+ at a weighted spread of 106 bp.
Next results Next results expected around 18 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €60.5B | €57.9B | €56.2B | €52.4B | €46.3B |
| Revenue growth | — | +3% | +7% | +13% | — |
| Gross profit | €9.94B | €10.2B | €11.0B | €10.1B | €8.24B |
| EBITDA | €7.70B | €7.45B | €7.12B | €6.80B | €8.11B |
| Net income | €959M | -€10.9B | €752M | €2.20B | -€354M |
| Free cash flow | €3.40B | €779M | €5.49B | €2.76B | €2.17B |
| Capital expenditure | €3.05B | €3.04B | €3.05B | €3.06B | €2.68B |
| Total debt | n/a | €70.3B | €71.7B | €66.5B | €64.3B |
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 |
|---|---|---|---|---|---|---|
| Renault RNO.PA | $9.39B | +2% | +6% | 6% | 4.9× | 3.4% |
| Stellantis STLAP.PA | $17.0B | -40% | -2% | -14% | 8.2× | n/a |
| Volkswagen VOW.DE | $39.1B | -24% | -3% | 7% | 5.5× | n/a |
| BYD 1211.HK | $98.9B | -26% | 0% | 4% | 15.8× | n/a |
| Toyota Motor 7203.T | $251B | +10% | +7% | 7% | 10.6× | n/a |
| HyundaiMtr 005380.KS | $47.5B | -47% | +1% | 5% | 7.3× | n/a |
| Kia 000270.KS | $28.3B | -34% | +8% | 7% | 5.4× | -12.9% |
| Ford Motor F | $48.8B | +2% | -1% | 2% | 7.0× | 25.6% |
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 | RNO.PA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +11.0% | +4.3% | 5th highest of 21 |
| 6-month return | +2.1% | -15.4% | 7th highest of 21 |
| Distance from 52-week high | -23.9% | -28.1% | 9th highest of 21 |
| Revenue growth (TTM) | +6.4% | +7.5% | 11th highest of 21 |
| Operating margin | 5.9% | 4.4% | 11th highest of 21 |
| Forward P/E | 4.9× | 16.1× | cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | 3.4% | 4.2% | 6th least demanding of 12 |
| Growth delivered (Del g) | +5.9% | +11.1% | 3rd lowest of 12 |
| Hurdle (Req g minus delivered) | -2.5 pp | -7.3 pp | 5th most demanding of 12 |
| ROIC minus cost of capital | -2.2 pp | -1.2 pp | 9th lowest of 19 |
| EV / EBITDA | 7.9× | 7.6× | 6th cheapest of 11 |
| Net debt / EBITDA | 6.6× | 0.7× | most indebted of 12 |
| Bond spread | 106 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Renault RNO.PA | France | $9.39B | +2% | +6% | 6% | 4.9× | 3.4% | +5.9% |
| Chongqing Changan Automobile 000625.SZ | China | $9.51B | -25% | -7% | 0% | 28.5× | n/a | n/a |
| XPeng 9868.HK | Hong Kong | $9.51B | -37% | +29% | -7% | n/a | n/a | n/a |
| Isuzu Motors 7202.T | Japan | $9.26B | -1% | +5% | 6% | 8.8× | n/a | n/a |
| Porsche Automobil Holding SE Pref PAH3.DE | Germany | $8.98B | -19% | +13% | 108% | 33.4× | 9.4% | +2.4% |
| Yamaha Motor 7272.T | Japan | $10.1B | +54% | +10% | 6% | 9.3× | 4.2% | +11.5% |
| Yutong Bus 600066.SS | China | $10.1B | -12% | +3% | 14% | 11.5× | -10.0% | +13.8% |
| Oshkosh OSK | United States | $8.19B | -3% | +4% | 7% | 11.2× | 4.7% | +8.7% |
| Seres 601127.SS | China | $11.0B | -51% | -6% | -4% | 139.8× | n/a | n/a |
| Tata Motors Passenger Vehicles TMPV.NS | India | $11.4B | -19% | -22% | 0% | 10.7× | n/a | n/a |
| Shimano 7309.T | Japan | $11.5B | +29% | +5% | 12% | 35.8× | 6.0% | +4.3% |
| NIO 9866.HK | Hong Kong | $7.60B | -46% | +70% | -4% | n/a | n/a | n/a |
| VinFast Auto VFS | United States | $7.60B | -25% | +74% | -86% | n/a | n/a | n/a |
| Ather Energy ATHERENERG.NS | India | $7.57B | +101% | +63% | -7% | n/a | n/a | n/a |
| Hero Motocorp HEROMOTOCO.NS | India | $11.7B | +3% | +27% | 12% | 19.1× | 14.1% | +9.2% |
| Jardine Cycle & Carriage C07.SI | Singapore | $7.36B | -28% | -11% | 10% | 8.2× | -7.8% | +8.9% |
| Zhejiang CFMoto Power 603129.SS | China | $7.23B | +16% | +40% | 11% | 19.9× | -3.9% | +34.5% |
| Subaru 7270.T | Japan | $12.3B | +16% | 0% | 3% | 12.0× | 2.7% | +11.1% |
| Li Auto-w 2015.HK | Hong Kong | $12.4B | -32% | -24% | -7% | n/a | n/a | n/a |
| Federal Signal FSS | United States | $6.92B | -4% | +24% | 17% | 20.1× | 11.8% | +14.0% |
| Zhejiang Leapmotor Technology 9863.HK | Hong Kong | $6.34B | -25% | +71% | -1% | 16.1× | -14.5% | +150.7% |
Renault has 5 bonds outstanding with $3.56B face value. The agencies rate it BBB-; its bonds trade like BBB+. Weighted yield 4.16%, a spread of 106 bp over government bonds.