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German car rental and mobility-services company renting vehicles and offering car-sharing and subscription services worldwide.
German car rental and mobility-services company renting vehicles and offering car-sharing and subscription services worldwide.
Earns daily rental fees plus insurance, extras and one-way charges added to each booking. The main cost is the fleet, bought from carmakers and sold again after a short time, so used-car resale values matter. The listed shares are non-voting preference shares; the Sixt family controls the voting ordinary shares.
In one line: A German Hertz/Avis, generally viewed as better-run.
Moat: narrow (brand, scale, distribution). Strong premium brand and airport/city location network across Europe/US, but a capital-intensive, fleet-residual-value-exposed business.
Headquarters: Pullach, Germany · Founded: 1912
Size Sixt (SIX2.DE) is a Germany Financials company (Finance/Rental/Leasing) with a market value of $3.67B, the 86th largest of 205 Germany companies the cockpit tracks. Shares closed at €75.40 on 6 Nov 2026.
Performance Over six months the shares gained 4.5%, against -12.5% for the median peer and +2.6% for the Germany market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 7.4% over the last twelve months (peer median +9.0%); the operating margin is 9.3% (peer median 29.9%).
Valuation It trades at 1.67× book value against a peer median of 1.39× (8th most expensive of 20).
Price implies The share price implies a return on equity of about 15.8%; Sixt delivers 15.0%, so the price asks more than the business earns today.
Credit Sixt has 4 bonds outstanding ($2.00B), rated BBB by the agencies and trading like BBB+ at a weighted spread of 99 bp.
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €4.46B | €4.28B | €4.00B | €3.62B | €3.07B |
| Revenue growth | — | +7% | +11% | +18% | — |
| Gross profit | €2.24B | €2.18B | €2.09B | €1.89B | €1.65B |
| EBITDA | €679M | €690M | €597M | €643M | €625M |
| Net income | €304M | €286M | €244M | €335M | €386M |
| Free cash flow | €35.6M | -€174M | €990M | -€151M | -€266M |
| Capital expenditure | €89.5M | €86.0M | €89.9M | €61.3M | €64.8M |
| Total debt | €4.50B | €3.62B | €3.13B | €3.30B | €2.51B |
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 | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Sixt SIX2.DE | $3.67B | +4% | +7% | 15% | 1.67× | 15.8% |
| Hertz Global HTZ | $585M | -64% | +3% | n/a | n/a | n/a |
| Avis Budget CAR | $4.20B | -18% | -1% | n/a | n/a | n/a |
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 | SIX2.DE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +9.3% | +0.9% | 2nd highest of 21 |
| 6-month return | +4.5% | -12.5% | 3rd highest of 21 |
| Return on equity | 15.0% | 12.4% | 7th highest of 20 |
| Price / book | 1.67× | 1.39× | 8th most expensive of 20 |
| Trailing P/E | 11.6× | 10.8× | 9th most expensive of 18 |
| ROE the price implies | 15.8% | 12.2% | 9th most demanding of 20 |
| ROE delivered | 15.0% | 13.8% | 7th highest of 18 |
| Bond spread | 99 bp | 244 bp | tightest of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Sixt SIX2.DE | Germany | $3.67B | +4% | +7% | 15% | 1.67× | 15.8% | 15.0% |
| Credit Saison 8253.T | Japan | $3.62B | -10% | +10% | 9% | 0.73× | 6.3% | 9.2% |
| Bread Financial BFH | United States | $3.87B | +17% | +2% | 16% | 1.13× | 12.2% | 15.9% |
| Far East Horizon 3360.HK | Hong Kong | $3.44B | -25% | +1% | 8% | 0.45× | 4.5% | 7.6% |
| WillScot WSC | United States | $3.42B | -33% | -3% | -7% | 3.75× | 35.8% | -7.1% |
| PennyMac Financial Services PFSI | United States | $3.41B | -28% | +4% | 6% | 0.78× | 10.2% | 5.6% |
| Housing & Urban Development HUDCO.NS | India | $3.39B | -30% | +22% | 22% | 1.39× | 31.5% | 21.7% |
| GMO Payment Gateway 3769.T | Japan | $3.98B | +6% | +13% | 22% | 5.02× | 32.4% | 21.5% |
| Indian Renewable Energy Development Agency IREDA.NS | India | $3.31B | -18% | +17% | 14% | 2.18× | 42.4% | 14.4% |
| Samsung Card 029780.KS | South Korea | $3.30B | -21% | +11% | 7% | 0.51× | 4.2% | n/a |
| Mahindra & Mahindra Financial Services M&MFIN.NS | India | $4.12B | -15% | +15% | 14% | 1.41× | 23.7% | 13.8% |
| Manappuram Finance MANAPPURAM.NS | India | $3.23B | +3% | +5% | 7% | 1.90× | 33.0% | n/a |
| Avis Budget CAR | United States | $4.20B | -18% | -1% | n/a | n/a | n/a | n/a |
| Enova International ENVA | United States | $4.22B | -1% | +20% | 27% | 2.72× | 26.6% | 26.8% |
| LIC Housing Finance LICHSGFIN.NS | India | $3.12B | -9% | -1% | 14% | 0.67× | 11.6% | 14.3% |
| SLM SLM | United States | $3.10B | -25% | -6% | 25% | 1.55× | 13.8% | 24.7% |
| Marui 8252.T | Japan | $3.09B | -7% | +8% | 12% | 2.12× | 7.1% | 12.4% |
| Blue Owl Technology Finance OTF | United States | $4.36B | -13% | +95% | 5% | 0.58× | 4.9% | 4.8% |
| ACOM 8572.T | Japan | $4.38B | -12% | +7% | 9% | 0.96× | 5.6% | 9.3% |
| Hercules Capital HTGC | United States | $3.06B | 0% | +40% | 16% | 1.32× | 10.4% | 15.7% |
| Poonawalla Fincorp POONAWALLA.NS | India | $4.42B | +4% | +77% | 9% | 3.02× | 47.4% | 9.2% |
Sixt has 4 bonds outstanding with $2.00B face value. The agencies rate it BBB; its bonds trade like BBB+. Weighted yield 3.97%, a spread of 99 bp over government bonds.