Rheinmetall AG annual free cash flow
2022
2023
2024
2025
Rheinmetall AG Free Cash Flow (FCF) History (RHM)
Rheinmetall AG reported €1.42B in free cash flow for fiscal 2025, an increase of 43.22% from the previous fiscal year, with a free cash flow margin of 14.24%.
View full Rheinmetall AG company overviewRheinmetall AG free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | €1.42B | €427.0M | +43.22% | +14.24% |
| 2024 | 2024-12-31 | €988.0M | €643.0M | +186.38% | +10.13% |
| 2023 | 2023-12-31 | €345.0M | €520.0M | — | +4.81% |
| 2022 | 2022-12-31 | −€175.0M | — | — | −2.73% |
Rheinmetall AG quarterly free cash flow
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −€1.36B | −€452.0M | — | −41.44% |
| Q1 2026 | 2026-03-31 | −€305.0M | — | — | −15.74% |
| Q4 2025 | 2025-12-31 | €2.23B | — | — | +92.07% |
| Q3 2025 | 2025-09-30 | −€169.0M | — | — | −6.08% |
| Q2 2025 | 2025-06-30 | −€911.0M | — | — | −46.74% |
Rheinmetall AG free cash flow growth trends
Rheinmetall AG's latest reported quarter, Q2 2026, generated −€1.36B in free cash flow, a decrease of €452.0M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
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