Financial Ratios MTU Aero Engines AG

Stocks

MTX

DE000A0D9PT0

Aerospace & Defense

Market Closed - Xetra Other stock markets 19:37:35 10/07/2026 +04			5-day change	1st Jan Change
362.10 ^EUR	+0.03%		-4.36%	+1.91%

07-10	MTU AERO ENGINES AG : Jefferies keeps its Buy rating	ZD
07-09	Bernstein raises MTU target to €409 - 'Outperform'	DP

7f601ef04fbf30f32.MFu5YUNJl-ZHeIoHtW1ZJ6fKBmMF8baw764eCewW3i4.QRqANjMcpJcqNttK4T0zEMirVBVAw-WFq8dqWapRtn1_FOgyNjGkyyooww

Published financial data: MTU AERO ENGINES AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	4.19B	5.33B	5.36B	7.41B	8.76B
Total Revenues	4.19B	5.33B	5.36B	7.41B	8.76B
Cost of Goods Sold, Total	3.5B	4.43B	5.21B	6.16B	7.06B
Gross Profit	691M	899M	152M	1.25B	1.71B
Selling General & Admin Expenses, Total	223M	254M	279M	293M	360M
R&D Expenses	83M	106M	114M	106M	111M
Other Operating Expenses	27M	48M	11M	21M	22M
Other Operating Expenses, Total	333M	408M	404M	420M	493M
Operating Income	358M	491M	-252M	832M	1.21B
Interest Expense, Total	-30M	-29M	-41M	-61M	-86M
Interest And Investment Income	3M	7M	29M	39M	30M
Net Interest Expenses	-27M	-22M	-12M	-22M	-56M
Income (Loss) On Equity Invest.	81M	60M	99M	115M	159M
Currency Exchange Gains (Loss)	-	-	-	-2M	56M
Other Non Operating Income (Expenses)	-1M	2M	-	-9M	11M
EBT, Excl. Unusual Items	411M	531M	-165M	914M	1.38B
Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Assets	13M	-	-2M	-1M	-5M
Asset Writedown	-104M	-44M	-19M	-19M	-
Insurance Settlements	1M	1M	21M	1M	2M
Other Unusual Items	-6M	-25M	-40M	-	-19M
EBT, Incl. Unusual Items	315M	463M	-205M	895M	1.36B
Income Tax Expense	84M	130M	-108M	253M	335M
Earnings From Continuing Operations	231M	333M	-97M	642M	1.03B
Net Income to Company	231M	333M	-97M	642M	1.03B
Minority Interest	-9M	-2M	-5M	-9M	-11M
Net Income - (IS)	222M	331M	-102M	633M	1.02B
Net Income to Common Incl Extra Items	222M	331M	-102M	633M	1.02B
Net Income to Common Excl. Extra Items	222M	331M	-102M	633M	1.02B
Per Share Items
Net EPS - Basic	4.16	6.2	-1.9	11.77	18.89
Basic EPS - Continuing Operations	4.16	6.2	-1.9	11.77	18.89
Basic Weighted Average Shares Outstanding	53.33M	53.37M	53.69M	53.78M	53.79M
Net EPS - Diluted	4.09	6.06	-1.9	11.52	18.49
Diluted EPS - Continuing Operations	4.09	6.06	-1.9	11.52	18.49
Diluted Weighted Average Shares Outstanding	55.06M	55.07M	53.69M	55.1M	55.11M
Normalized Basic EPS	4.65	6.18	-2.01	10.46	15.88
Normalized Diluted EPS	4.5	5.99	-2.01	10.2	15.5
Dividend Per Share	2.1	3.2	2	2.2	3.6
Payout Ratio	36.04	37.46	-167.65	17.06	11.71
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	519M	661M	-64M	1.03B	1.46B
EBITA	371M	508M	-234M	853M	1.24B
EBIT	358M	491M	-252M	832M	1.21B
EBITDAR	530M	683M	-33M	1.08B	1.52B
Effective Tax Rate - (Ratio)	26.67	28.08	52.68	28.27	24.6
Total Current Taxes	64M	193M	157M	222M	219M
Total Deferred Taxes	20M	-63M	-265M	31M	116M
Normalized Net Income	248M	330M	-108M	562M	854M
Interest Capitalized	4M	3M	3M	5M	6M
Interest on Long-Term Debt	28M	28M	28M	42M	67M
Non-Cash Pension Expense	5M	8M	25M	27M	27M
Supplemental Operating Expense Items
Selling and Marketing Expenses	124M	131M	141M	138M	157M
General and Administrative Expenses	92M	111M	109M	128M	175M
Research And Development Expense From Footnotes	300M	294M	261M	339M	320M
Net Rental Expense, Total	11M	22M	31M	54M	62M
Imputed Operating Lease Interest Expense	1.93M	3.65M	6.82M	12.96M	17.35M
Imputed Operating Lease Depreciation	9.07M	18.35M	24.18M	41.04M	44.65M
Stock-Based Comp., Other (Total)	10M	11M	11M	13M	14M
Total Stock-Based Compensation	10M	11M	11M	13M	14M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	722M	823M	883M	1.75B	1.26B
Short Term Investments	163M	390M	656M	858M	1.1B
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	885M	1.21B	1.54B	2.6B	2.36B
Accounts Receivable, Total	1.84B	2.25B	2.26B	2.99B	2.98B
Other Receivables	101M	39M	86M	89M	106M
Notes Receivable	-	-	-	-	-
Total Receivables	1.94B	2.29B	2.34B	3.08B	3.09B
Inventory	1.38B	1.51B	1.63B	1.75B	2.02B
Other Current Assets, Total	51M	72M	87M	82M	116M
Total Current Assets	4.26B	5.08B	5.6B	7.52B	7.58B
Gross Property Plant And Equipment	2.42B	2.58B	2.94B	3.33B	3.7B
Accumulated Depreciation	-1.4B	-1.48B	-1.73B	-1.79B	-1.99B
Net Property Plant And Equipment	1.02B	1.1B	1.22B	1.54B	1.71B
Long-term Investments	621M	638M	666M	793M	729M
Goodwill	386M	386M	386M	386M	386M
Other Intangibles, Total	695M	765M	814M	830M	1.1B
Loans Receivable Long-Term	57M	65M	66M	33M	46M
Deferred Tax Assets Long-Term	83M	84M	328M	333M	133M
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	1.19B	1.11B	1.13B	1.05B	1.03B
Total Assets	8.3B	9.23B	10.2B	12.48B	12.72B
Liabilities
Accounts Payable, Total	165M	284M	325M	504M	588M
Accrued Expenses, Total	206M	261M	265M	283M	317M
Short-term Borrowings	-	-	-	2M	1M
Current Portion of Long-Term Debt	72M	100M	126M	643M	75M
Current Portion of Leases	68M	57M	43M	77M	84M
Current Income Taxes Payable	9M	70M	37M	35M	17M
Unearned Revenue Current, Total	692M	708M	735M	845M	394M
Other Current Liabilities	1.91B	2.3B	3.48B	3.66B	3.78B
Total Current Liabilities	3.12B	3.78B	5.01B	6.05B	5.26B
Long-Term Debt	1.26B	1.37B	1.27B	1.93B	2.02B
Long-Term Leases	108M	109M	127M	184M	242M
Unearned Revenue Non Current	7M	5M	3M	3M	-
Pension & Other Post Retirement Benefits	905M	661M	713M	692M	640M
Deferred Tax Liability Non Current	3M	-	-	-	-
Other Non Current Liabilities	142M	201M	146M	191M	184M
Total Liabilities	5.54B	6.12B	7.27B	9.05B	8.35B
Common Stock, Total	53M	53M	54M	54M	54M
Retained Earnings	2.46B	2.68B	2.41B	2.94B	3.83B
Treasury Stock	-17M	-13M	-11M	-8M	-8M
Comprehensive Income and Other	184M	314M	413M	381M	434M
Total Common Equity	2.68B	3.03B	2.86B	3.36B	4.31B
Minority Interest	79M	72M	70M	74M	61M
Total Equity	2.76B	3.11B	2.93B	3.44B	4.38B
Total Liabilities And Equity	8.3B	9.23B	10.2B	12.48B	12.72B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	53.44M	53.45M	53.82M	53.82M	53.79M
ECS Total Common Shares Outstanding	53.44M	53.45M	53.82M	53.82M	53.79M
Book Value / Share	50.17	56.76	53.19	62.48	80.21
Tangible Book Value	1.6B	1.88B	1.66B	2.15B	2.82B
Tangible Book Value Per Share	29.94	35.23	30.9	39.89	52.52
Total Debt	1.51B	1.63B	1.56B	2.83B	2.43B
Net Debt	623M	421M	26M	229M	70M
Debt Equivalent of Unfunded Proj. Benefit Obligation	948M	728M	742M	724M	670M
Debt Equivalent Oper. Leases	88M	176M	248M	432M	496M
Minority Interest, Total (Incl. Fin. Div)	79M	72M	70M	74M	61M
Equity Method Investments, Total	611M	628M	643M	727M	688M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	738M	803M	883M	1.03B	806M
Inventories - Work In Process, Total	497M	520M	582M	644M	1.01B
Inventories - Finished Goods, Total	263M	311M	318M	297M	426M
Inventories - Others	42M	47M	49M	23M	29M
Land - (BS)	545M	612M	767M	781M	823M
Machinery, Total	1.63B	1.73B	1.92B	2.17B	2.37B
Full Time Employees	10.51K	11.27K	12.17K	12.89K	13.67K
Accumulated Allowance for Doubtful Accounts (Supple)	54M	34M	33M	37M	40M
Order Backlog	22.2B	22.3B	24.4B	28.6B	29.5B

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	222M	331M	-102M	633M	1.02B
Depreciation & Amortization - CF	185M	190M	224M	241M	297M
Amortization of Goodwill and Intangible Assets - (CF)	13M	17M	18M	21M	23M
Depreciation & Amortization, Total	198M	207M	242M	262M	320M
Amortization of Deferred Charges, Total - (CF)	159M	149M	90M	189M	93M
(Gain) Loss From Sale Of Asset	-14M	-	1M	-3M	-1M
Asset Writedown & Restructuring Costs	-	-	-	32M	3M
(Income) Loss On Equity Investments - (CF)	-83M	-63M	-99M	-115M	-159M
Other Operating Activities, Total	35M	397M	726M	412M	-20M
Change in Other Net Operating Assets	50M	-293M	-81M	-696M	-404M
Cash from Operations	567M	728M	777M	714M	848M
Capital Expenditure	-262M	-322M	-332M	-459M	-429M
Sale of Property, Plant, and Equipment	21M	16M	30M	58M	85M
Divestitures	32M	14M	-	-	-
Sale (Purchase) of Intangible assets	-105M	-80M	-101M	-214M	-123M
Investment in Marketable and Equity Securities, Total	-32M	-28M	-17M	12M	-18M
Other Investing Activities, Total	1M	-	-	-	-
Cash from Investing	-345M	-400M	-420M	-603M	-485M
Long-Term Debt Issued, Total	-	-	7M	1.04B	-
Total Debt Issued	-	-	7M	1.04B	-
Long-Term Debt Repaid, Total	-164M	-64M	-81M	-151M	-678M
Total Debt Repaid	-164M	-64M	-81M	-151M	-678M
Issuance of Common Stock	23M	-	-	-	-
Repurchase of Common Stock	-31M	-	-1M	-	-2M
Common Dividends Paid	-80M	-124M	-171M	-108M	-119M
Common & Preferred Stock Dividends Paid	-80M	-124M	-171M	-108M	-119M
Other Financing Activities, Total	-24M	-36M	-48M	-50M	-39M
Cash from Financing	-276M	-224M	-294M	736M	-838M
Foreign Exchange Rate Adjustments	3M	-3M	-3M	17M	-16M
Net Change in Cash	-51M	101M	60M	864M	-491M
Supplemental Items
Cash Interest Paid	29M	26M	28M	35M	81M
Cash Income Tax Paid (Refund)	23M	-54M	237M	206M	222M
Levered Free Cash Flow	317M	373M	760M	-98.12M	37M
Unlevered Free Cash Flow	336M	391M	786M	-60M	90.75M
Change In Net Working Capital	-112M	-119M	-1.03B	371M	543M
Net Debt Issued / Repaid	-164M	-64M	-74M	894M	-678M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.73	3.5	-1.62	4.58	6.02
Return on Total Capital	5.27	6.86	-3.41	9.66	11.61
Return On Equity %	8.56	11.35	-3.21	20.16	26.29
Return on Common Equity	8.48	11.58	-3.46	20.33	26.47
Margin Analysis
Gross Profit Margin %	16.5	16.87	2.83	16.89	19.48
SG&A Margin	5.32	4.77	5.2	3.95	4.11
EBITDA Margin %	12.39	12.4	-1.19	13.91	16.62
EBITA Margin %	8.86	9.53	-4.36	11.51	14.12
EBIT Margin %	8.55	9.21	-4.7	11.23	13.85
Income From Continuing Operations Margin %	5.52	6.25	-1.81	8.66	11.72
Net Income Margin %	5.3	6.21	-1.9	8.54	11.59
Net Avail. For Common Margin %	5.3	6.21	-1.9	8.54	11.59
Normalized Net Income Margin	5.92	6.19	-2.02	7.59	9.75
Levered Free Cash Flow Margin	7.57	6.99	14.17	-1.32	0.42
Unlevered Free Cash Flow Margin	8.02	7.33	14.65	-0.81	1.04
Asset Turnover
Asset Turnover	0.51	0.61	0.55	0.65	0.7
Fixed Assets Turnover	4.14	5.04	4.44	5.19	5.4
Receivables Turnover (Average Receivables)	2.27	2.61	2.38	2.82	2.93
Inventory Turnover (Average Inventory)	2.63	3.06	3.32	3.64	3.74
Short Term Liquidity
Current Ratio	1.37	1.35	1.12	1.24	1.44
Quick Ratio	0.91	0.93	0.77	0.94	1.04
Operating Cash Flow to Current Liabilities	0.18	0.19	0.15	0.12	0.16
Days Sales Outstanding (Average Receivables)	160.45	140.04	153.3	129.59	124.44
Days Outstanding Inventory (Average Inventory)	138.71	119.2	110.07	100.49	97.53
Average Days Payable Outstanding	16.94	17.95	20.87	24.15	27.22
Cash Conversion Cycle (Average Days)	282.23	241.29	242.51	205.93	194.75
Long Term Solvency
Total Debt/Equity	54.64	52.61	53.36	82.46	55.47
Total Debt / Total Capital	35.33	34.47	34.79	45.19	35.68
LT Debt/Equity	49.57	47.55	47.6	61.45	51.82
Long-Term Debt / Total Capital	32.05	31.16	31.04	33.68	33.33
Total Liabilities / Total Assets	66.76	66.35	71.26	72.47	65.61
EBIT / Interest Expense	11.93	16.93	-6.15	13.64	14.12
EBITDA / Interest Expense	18.53	24.07	-0.24	17.93	17.84
(EBITDA - Capex) / Interest Expense	9.8	12.97	-8.34	10.41	12.85
Total Debt / EBITDA	2.71	2.34	-156.5	2.59	1.58
Net Debt / EBITDA	1.12	0.6	-2.6	0.21	0.05
Total Debt / (EBITDA - Capex)	5.13	4.35	-4.58	4.46	2.2
Net Debt / (EBITDA - Capex)	2.12	1.12	-0.08	0.36	0.06
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	5.31	27.27	0.62	38.19	18.24
Gross Profit, 1 Yr. Growth %	10.56	30.1	-84.2	723.68	36.34
EBITDA, 1 Yr. Growth %	11.13	27.36	-108.85	-1.23K	41.22
EBITA, 1 Yr. Growth %	13.46	37.3	-141.05	-434.51	45.02
EBIT, 1 Yr. Growth %	14.01	37.15	-145.57	-404.76	45.91
Earnings From Cont. Operations, 1 Yr. Growth %	57.14	44.16	-129.13	-761.86	59.97
Net Income, 1 Yr. Growth %	59.71	49.1	-130.82	-720.59	60.51
Normalized Net Income, 1 Yr. Growth %	13.25	33.08	-129.33	-554.34	51.89
Diluted EPS Before Extra, 1 Yr. Growth %	57.92	48.17	-131.35	-706.56	60.45
Accounts Receivable, 1 Yr. Growth %	0.22	21.92	0.49	32.42	-0.17
Inventory, 1 Yr. Growth %	7.98	9.71	7.6	7.61	15.12
Net Property, Plant and Equip., 1 Yr. Growth %	0.79	8.18	1	16.44	11.13
Total Assets, 1 Yr. Growth %	2.47	11.15	10.55	22.34	1.9
Tangible Book Value, 1 Yr. Growth %	11.19	17.69	-11.68	29.1	31.58
Common Equity, 1 Yr. Growth %	5.01	13.17	-5.64	17.46	28.28
Cash From Operations, 1 Yr. Growth %	46.89	28.4	6.73	-8.11	18.77
Capital Expenditures, 1 Yr. Growth %	34.36	22.9	3.11	38.25	-6.54
Levered Free Cash Flow, 1 Yr. Growth %	79.6	8.04	84.66	-113.25	-137.71
Unlevered Free Cash Flow, 1 Yr. Growth %	76.48	7.46	82.83	-107.83	-251.25
Dividend Per Share, 1 Yr. Growth %	68	52.38	-37.5	10	63.64
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-4.87	15.77	13.16	17.92	27.83
Gross Profit, 2 Yr. CAGR %	-14.8	19.93	-53.1	14.08	235.12
EBITDA, 2 Yr. CAGR %	-17.69	18.97	-64.88	19.42	300
EBITA, 2 Yr. CAGR %	-23.8	24.64	-20.47	22.33	120.25
EBIT, 2 Yr. CAGR %	-24.5	25.05	-16.1	22.66	110.88
Earnings From Cont. Operations, 2 Yr. CAGR %	-31.2	50.51	-35.2	38.85	225.39
Net Income, 2 Yr. CAGR %	-31.85	54.31	-32.22	38.29	215.61
Normalized Net Income, 2 Yr. CAGR %	-23.52	22.77	-33.95	23.5	162.7
Diluted EPS Before Extra, 2 Yr. CAGR %	-30.47	52.96	-31.84	37.9	211.97
Accounts Receivable, 2 Yr. CAGR %	-3.28	10.54	10.69	15.35	14.98
Inventory, 2 Yr. CAGR %	3.87	8.84	8.65	7.6	11.3
Net Property, Plant and Equip., 2 Yr. CAGR %	6.2	4.42	9.41	13.03	13.75
Total Assets, 2 Yr. CAGR %	3.41	6.72	10.85	16.3	11.65
Tangible Book Value, 2 Yr. CAGR %	14.47	14.39	1.95	6.78	30.34
Common Equity, 2 Yr. CAGR %	7.13	9.01	3.34	5.28	22.75
Cash From Operations, 2 Yr. CAGR %	-17.45	37.33	17.06	-0.97	4.47
Capital Expenditures, 2 Yr. CAGR %	-6.86	28.5	12.57	19.39	13.67
Levered Free Cash Flow, 2 Yr. CAGR %	36.19	45.32	48.41	-51.17	-77.65
Unlevered Free Cash Flow, 2 Yr. CAGR %	34.39	43.34	46.95	-62.63	-65.59
Dividend Per Share, 2 Yr. CAGR %	-	60	-2.41	-17.08	34.16
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-2.85	4.82	10.48	20.95	18.03
Gross Profit, 3 Yr. CAGR %	-6.72	-1.89	-37.58	21.91	21.07
EBITDA, 3 Yr. CAGR %	-8.79	-4.8	-48.44	25.71	26.28
EBITA, 3 Yr. CAGR %	-13.35	-7.36	-10.56	32.1	29.47
EBIT, 3 Yr. CAGR %	-13.88	-7.88	-7.07	32.46	29.97
Earnings From Cont. Operations, 3 Yr. CAGR %	-20.13	-11.96	-12.94	40.6	45.56
Net Income, 3 Yr. CAGR %	-20.81	-11.53	-9.8	41.8	45.33
Normalized Net Income, 3 Yr. CAGR %	-12.65	-8.01	-20.95	31.39	32.32
Diluted EPS Before Extra, 3 Yr. CAGR %	-20.37	-10.53	-9.81	41.24	45.04
Accounts Receivable, 3 Yr. CAGR %	-1.28	4.48	7.08	17.5	9.93
Inventory, 3 Yr. CAGR %	11.49	5.78	8.43	8.3	10.05
Net Property, Plant and Equip., 3 Yr. CAGR %	16.19	6.85	6.46	14.83	12.39
Total Assets, 3 Yr. CAGR %	6.62	5.93	7.98	14.56	11.29
Tangible Book Value, 3 Yr. CAGR %	17.06	15.53	4.94	10.3	14.48
Common Equity, 3 Yr. CAGR %	9	9.11	3.89	7.85	12.45
Cash From Operations, 3 Yr. CAGR %	-1.58	-4.35	26.26	7.99	5.22
Capital Expenditures, 3 Yr. CAGR %	9.55	2.16	19.41	20.55	10.04
Levered Free Cash Flow, 3 Yr. CAGR %	63.85	29.69	62.68	-34.24	-55.2
Unlevered Free Cash Flow, 3 Yr. CAGR %	63.19	28.11	60.43	-45.16	-40.44
Dividend Per Share, 3 Yr. CAGR %	-9.68	-	16.96	1.56	4
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-2.42	6.46	3.27	9.87	17.12
Gross Profit, 5 Yr. CAGR %	-0.49	4.81	-29.15	5.63	22.26
EBITDA, 5 Yr. CAGR %	-2.39	2.36	-37.74	6.12	25.54
EBITA, 5 Yr. CAGR %	-5.19	1.07	-16.32	5.95	30.49
EBIT, 5 Yr. CAGR %	-5.41	0.87	-14.77	5.79	31.06
Earnings From Cont. Operations, 5 Yr. CAGR %	-5.87	-1.48	-26.54	5.64	47.52
Net Income, 5 Yr. CAGR %	-6.59	-1.4	-25.59	5.78	48.86
Normalized Net Income, 5 Yr. CAGR %	-3.53	1.04	-21.89	5.82	31.3
Diluted EPS Before Extra, 5 Yr. CAGR %	-6.84	-1.27	-25.17	6.38	48.16
Accounts Receivable, 5 Yr. CAGR %	11.17	7.75	3.34	8.7	10.17
Inventory, 5 Yr. CAGR %	6.18	12.37	10.34	6.51	9.57
Net Property, Plant and Equip., 5 Yr. CAGR %	10.65	12	13.43	11.3	11.15
Total Assets, 5 Yr. CAGR %	7.28	8.2	8.29	9.96	9.44
Tangible Book Value, 5 Yr. CAGR %	47.08	19.51	10.76	11.95	14.44
Common Equity, 5 Yr. CAGR %	12.31	10.94	6.7	7.56	11.06
Cash From Operations, 5 Yr. CAGR %	9.63	9.57	5.49	-3.01	17.05
Capital Expenditures, 5 Yr. CAGR %	10.45	13.36	10.75	8.73	17.08
Levered Free Cash Flow, 5 Yr. CAGR %	44.15	10.44	60.18	-10.5	-26.84
Unlevered Free Cash Flow, 5 Yr. CAGR %	41.66	10.71	59.02	-20.24	-13.76
Dividend Per Share, 5 Yr. CAGR %	2.02	6.83	-6.84	-	23.56