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German industrial conglomerate with steel, materials trading and industrial components businesses, post-TKMS spinoff.
German industrial conglomerate with steel, materials trading and industrial components businesses, post-TKMS spinoff.
Steel Europe, a large integrated producer in Duisburg, and materials trading are the main activities, so results move with European steel prices and demand from carmakers. It is replacing blast furnaces with a hydrogen-ready direct-reduction plant, supported by German state aid, a long and costly rebuild. A Krupp family foundation holds a large stake.
Moat: none (scale, installed base). Diversified industrial conglomerate; commodity steel business faces limited pricing power.
Headquarters: Essen, Germany · Founded: 1811 · Employees: 93,375
Size thyssenkrupp (TKA.DE) is a Germany Materials company (Steel) with a market value of $8.33B, the 55th largest of 205 Germany companies the cockpit tracks. Shares closed at €11.94 on 6 Nov 2026.
Performance Over six months the shares gained 10.3%, against -8.6% for the median peer and +2.6% for the Germany market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue fell 2.2% over the last twelve months (peer median +9.8%); the operating margin is 0.6% (peer median 7.3%).
Valuation It trades at 0.2× enterprise value to sales against a peer median of 1.2× (cheapest of 21).
Capital Return on invested capital runs 9.8 points below its cost of capital (11.3% WACC).
Next results Next results expected around 8 Dec 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €32.6B | €32.8B | €35.0B | €37.5B | €41.1B |
| Revenue growth | — | -6% | -7% | -9% | — |
| Gross profit | €3.93B | €3.72B | €3.24B | €2.66B | €5.66B |
| EBITDA | €1.40B | €1.05B | €669M | €1.45B | €2.72B |
| Net income | €287M | €465M | -€1.51B | -€2.07B | €1.14B |
| Free cash flow | -€1.01B | €121M | -€172M | €366M | -€630M |
| Capital expenditure | €1.45B | €1.65B | €1.60B | €1.76B | €1.30B |
| Total debt | €772M | €876M | €1.47B | €3.02B | €3.98B |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| thyssenkrupp TKA.DE | $8.33B | +10% | -2% | 1% | 0.2× | n/a |
| ArcelorMittal MT.AS | $45.7B | 0% | -3% | 4% | 0.9× | n/a |
| Salzgitter SZG.DE | $3.29B | -14% | -6% | -1% | 0.5× | n/a |
| Tata Steel TATASTEEL.NS | $24.6B | -14% | +11% | 9% | 1.0× | 8.7% |
| SSAB SSAB-A.ST | $9.31B | +10% | +3% | 8% | 0.8× | 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 | TKA.DE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.0% | -4.6% | 6th lowest of 21 |
| 6-month return | +10.3% | -8.6% | 2nd highest of 21 |
| Distance from 52-week high | -24.8% | -24.6% | 11th highest of 21 |
| Revenue growth (TTM) | -2.2% | +9.8% | 6th lowest of 21 |
| Operating margin | 0.6% | 7.3% | 3rd lowest of 21 |
| EV / Sales | 0.2× | 1.2× | cheapest of 21 |
| ROIC minus cost of capital | -9.8 pp | -2.2 pp | 2nd lowest of 21 |
| Net debt / EBITDA | -1.9× | 1.6× | 2nd least indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| thyssenkrupp TKA.DE | Germany | $8.33B | +10% | -2% | 1% | 0.2× | n/a | n/a |
| Gerdau S.A. Pfd Sponsored ADR Repr 1 Pfd Sh GGB | United States | $8.41B | -10% | +10% | 9% | 0.8× | 2.3% | +8.0% |
| China Steel 2002.TW | Taiwan | $8.65B | 0% | -7% | 0% | 1.7× | n/a | n/a |
| Steel Authority of India SAIL.NS | India | $7.49B | -8% | +9% | 8% | 0.9× | 11.0% | +9.9% |
| Citic Pacific Special Steel 000708.SZ | China | $9.52B | -18% | 0% | 6% | 0.9× | -7.8% | +7.2% |
| Ternium S.A. Sponsored ADR TX | United States | $9.65B | +5% | -1% | 8% | 0.9× | n/a | n/a |
| Commercial Metals CMC | United States | $6.85B | -12% | +20% | 9% | 1.0× | 6.2% | +6.9% |
| Jfe 5411.T | Japan | $6.66B | +2% | -4% | 2% | 0.7× | 13.2% | +7.1% |
| Lloyds Metals & Energy LLOYDSME.NS | India | $10.6B | +3% | +171% | 33% | 5.1× | n/a | n/a |
| Cleveland-Cliffs CLF | United States | $6.54B | +4% | +8% | -1% | 0.7× | n/a | n/a |
| APL Apollo Tubes APLAPOLLO.NS | India | $6.42B | +11% | +16% | 7% | 2.5× | 22.1% | +22.1% |
| Mineral Resources MIN.AX | Australia | $6.36B | -34% | +44% | 25% | 2.1× | 4.2% | +11.6% |
| Jindal Stainless JSL.NS | India | $6.10B | -9% | +12% | 10% | 1.4× | 21.0% | +28.7% |
| Jindal Steel JINDALSTEL.NS | India | $12.6B | -7% | +26% | 10% | 2.2× | n/a | n/a |
| Vallourec VK.PA | France | $5.51B | -31% | -7% | 14% | 1.4× | -7.6% | +3.3% |
| Inner Mongolia Baotou Steel Union 600010.SS | China | $13.5B | -26% | -6% | 3% | 2.4× | 14.7% | +2.5% |
| Kobe Steel 5406.T | Japan | $4.83B | 0% | -3% | 5% | 0.6× | -1.1% | +7.4% |
| POSCO 005490.KS | South Korea | $14.4B | -42% | +4% | 3% | 0.3× | n/a | n/a |
| Zhejiang Hailiang 002203.SZ | China | $4.53B | -23% | +10% | 2% | 0.6× | n/a | n/a |
| Tube Investments of India TIINDIA.NS | India | $4.47B | -28% | +18% | 7% | 1.8× | n/a | n/a |
| Grupo Simec SAB de CV Sponsored ADR SIM | United States | $4.22B | +4% | +17% | 16% | 1.4× | -9.2% | -1.1% |