Loading…
French industrial group making electrical equipment, automation systems and software for energy management in buildings, industry and data centers.
French industrial group making electrical equipment, automation systems and software for energy management in buildings, industry and data centers.
Sells electrical distribution gear and automation mostly through distributors and installers, then layers software and services onto the installed equipment. It has shifted toward software, buying the industrial software group Aveva outright in 2023, and toward data-center power and cooling.
In one line: France's Eaton/Rockwell Automation hybrid..
Moat: narrow (switching costs, installed base, brand). Deeply embedded electrical/automation equipment in buildings and factories creates high replacement/switching costs.
Headquarters: Rueil-Malmaison, France · Founded: 1836 · Employees: 173,626
Size Schneider Electric (SU.PA) is a France Industrials company (Electrical Products) with a market value of $151B, the 6th largest of 206 France companies the cockpit tracks. Shares closed at €228.65 on 6 Nov 2026.
Performance Over six months the shares fell 15.6%, against -25.5% for the median peer and -0.4% for the France market (cap-weighted) — 3rd highest of 12 in its peer set.
Growth Revenue grew 6.9% over the last twelve months (peer median +12.1%); the operating margin is 18.1% (peer median 10.2%).
Valuation It trades at 22.2× forward earnings against a peer median of 23.4× (5th cheapest of 11).
Price implies For today's price to make sense, revenue must grow about 18% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is +8 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 2.7 points above its cost of capital (11.5% WACC).
Credit Schneider Electric has 31 bonds outstanding ($26.4B), rated A by the agencies and trading like AA- at a weighted spread of 72 bp.
Next results Next results expected around 18 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €42.0B | €40.2B | €38.2B | €35.9B | €34.2B |
| Revenue growth | — | +5% | +6% | +5% | — |
| Gross profit | €17.9B | €16.5B | €15.9B | €14.7B | €13.4B |
| EBITDA | €9.31B | €8.70B | €8.09B | €7.38B | €7.03B |
| Net income | €4.74B | €4.16B | €4.27B | €4.00B | €3.48B |
| Free cash flow | €6.19B | €5.06B | €4.63B | €4.99B | €3.65B |
| Capital expenditure | €1.50B | €1.54B | €1.42B | €1.36B | €1.09B |
| Total debt | n/a | €19.3B | €16.0B | €14.9B | €11.7B |
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 |
|---|---|---|---|---|---|---|
| Schneider Electric SU.PA | $151B | -16% | +7% | 18% | 22.2× | 18.0% |
| Eaton ETN | $133B | -15% | +20% | 19% | 21.4× | 19.1% |
| Siemens SIE.DE | $225B | -4% | +4% | 13% | 23.4× | 18.3% |
| ABB ABBN.SW | $147B | -17% | +1% | 18% | 24.5× | 4.3% |
| Rockwell Automation ROK | $41.7B | -17% | +11% | 14% | 25.0× | 27.2% |
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 | SU.PA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -12.4% | -15.0% | 4th highest of 12 |
| 6-month return | -15.6% | -25.5% | 3rd highest of 12 |
| Distance from 52-week high | -26.8% | -32.7% | 5th highest of 12 |
| Revenue growth (TTM) | +6.9% | +12.1% | 4th lowest of 12 |
| Operating margin | 18.1% | 10.2% | 3rd highest of 12 |
| Forward P/E | 22.2× | 23.4× | 5th cheapest of 11 |
| Growth the price implies (Req g, 7 yrs) | 18.0% | 17.3% | 5th most demanding of 10 |
| Growth delivered (Del g) | +9.8% | +7.3% | 4th highest of 10 |
| Hurdle (Req g minus delivered) | +8.2 pp | +8.1 pp | 5th most demanding of 10 |
| ROIC minus cost of capital | +2.7 pp | +4.1 pp | 5th lowest of 11 |
| EV / EBITDA | 16.1× | 20.5× | 3rd cheapest of 9 |
| Net debt / EBITDA | 1.6× | -0.2× | 4th most indebted of 9 |
| Bond spread | 72 bp | 69 bp | 4th tightest of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Schneider Electric SU.PA | France | $151B | -16% | +7% | 18% | 22.2× | 18.0% | +9.8% |
| ABB ABBN.SW | Switzerland | $147B | -17% | +1% | 18% | 24.5× | 4.3% | +2.3% |
| Eaton ETN | United States | $133B | -15% | +20% | 19% | 21.4× | 19.1% | +9.0% |
| Contemporary Amperex Technology 300750.SZ | China | $179B | -42% | +51% | 14% | 13.0× | 1.6% | +53.1% |
| GE Vernova GEV | United States | $205B | -26% | +17% | 7% | 32.2× | 24.9% | +16.8% |
| Siemens Energy ENR.DE | Germany | $111B | -33% | +9% | 9% | 26.4× | 17.3% | +7.3% |
| BYD 002594.SZ | China | $96.6B | -17% | -4% | 4% | 21.2× | n/a | n/a |
| Mitsubishi Heavy Industries 7011.T | Japan | $62.1B | -37% | -3% | 10% | 22.3× | 9.0% | +6.1% |
| Mitsubishi Electric 6503.T | Japan | $59.9B | -28% | +12% | 10% | 17.1× | 13.2% | +7.1% |
| LG Energy Solution 373220.KS | South Korea | $58.2B | -27% | +25% | 1% | n/a | n/a | n/a |
| Ametek AME | United States | $52.4B | -1% | +14% | 27% | 24.8× | 18.5% | +10.3% |
| Rockwell Automation ROK | United States | $41.7B | -17% | +11% | 14% | 25.0× | 27.2% | +5.7% |
Schneider Electric has 31 bonds outstanding with $26.4B face value. The agencies rate it A; its bonds trade like AA-. Weighted yield 3.94%, a spread of 72 bp over government bonds.