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Knorr-Bremse (DE:KBXA)
FRANKFURT:KBXA

Knorr-Bremse (KBXA) Price & Analysis

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KBXA Stock Chart & Stats

€26.00
€0.20(0.78%)
At close: 4:00 PM EDT
€26.00
€0.20(0.78%)

Bulls Say, Bears Say

Bulls Say
Strong Free Cash Flow GenerationSustained high free cash flow and strong FCF growth support reinvestment, dividends, and debt reduction without relying on new financing. Covering ~79% of net income signals durable internal funding for capex, R&D and portfolio moves, improving financial flexibility over multiple years.
Improving Margins And Raised GuidanceA raised full‑year guidance alongside record quarterly EBIT margin reflects operational improvements and meaningful margin expansion. Management’s confident targets and improved ROCE indicate sustainable profitability progress driven by cost actions and portfolio rationalization, supporting medium‑term returns.
High-margin Aftermarket And RVS BacklogA large, high‑margin aftermarket (over half of RVS) and a €5.9bn RVS backlog provide recurring revenue and strong near‑term visibility. Aftermarket and backlog reduce exposure to new‑build cyclicality, support cash conversion and margin stability, and underpin long-term service-driven growth.
Bears Say
Meaningful Absolute Debt LevelAlthough leverage is improving (debt‑to‑equity ~0.77), the sizable absolute debt burden limits cushion during demand shocks and constrains optionality for large strategic investments. If volumes decline, servicing and refinancing could pressure cash flow and slow execution of growth plans.
Truck Market Underperformance And FX HeadwindsPersistent weaker truck production and significant FX-driven revenue erosion materially constrain the CVS growth outlook and content‑per‑vehicle upside. These structural headwinds reduce top‑line momentum and make achievement of medium‑term organic targets more challenging.
M&A And Integration Execution IssuesRecent write‑downs and integration shortfalls signal execution risk in acquisitions and investments. Poor performance from portfolio moves can dilute returns, consume management bandwidth, and temper the expected contribution of M&A to the Growth Beyond strategy and 2030 targets.

Knorr-Bremse News

KBXA FAQ

What was Knorr-Bremse’s price range in the past 12 months?
Knorr-Bremse lowest stock price was €19.20 and its highest was €28.80 in the past 12 months.
    What is Knorr-Bremse’s market cap?
    Knorr-Bremse’s market cap is €16.59B.
      When is Knorr-Bremse’s upcoming earnings report date?
      Knorr-Bremse’s upcoming earnings report date is Oct 29, 2026 which is in 87 days.
        How were Knorr-Bremse’s earnings last quarter?
        Knorr-Bremse released its earnings results on Jul 30, 2026. The company reported €0.27 earnings per share for the quarter, missing the consensus estimate of €0.279 by -€0.01.
          Is Knorr-Bremse overvalued?
          According to Wall Street analysts Knorr-Bremse’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Knorr-Bremse pay dividends?
            Knorr-Bremse does not currently pay dividends.
            What is Knorr-Bremse’s EPS estimate?
            Knorr-Bremse’s EPS estimate is 0.29.
              How many shares outstanding does Knorr-Bremse have?
              Knorr-Bremse has 644,800,000 shares outstanding.
                What happened to Knorr-Bremse’s price movement after its last earnings report?
                Knorr-Bremse reported an EPS of €0.27 in its last earnings report, missing expectations of €0.279. Following the earnings report the stock price went down -2.273%.
                  Which hedge fund is a major shareholder of Knorr-Bremse?
                  Currently, no hedge funds are holding shares in DE:KBXA
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Knorr-Bremse Stock Smart Score

                    7
                    Neutral
                    1
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                    Technicals

                    SMA
                    Positive
                    20 days / 200 days
                    Momentum
                    56.31%
                    12-Months-Change

                    Fundamentals

                    Return on Equity
                    1.78%
                    Trailing 12-Months
                    Asset Growth
                    3.23%
                    Trailing 12-Months

                    Company Description

                    Knorr-Bremse

                    Knorr-Bremse AG, established in 1905 and headquartered in Munich, Germany, is a global leader in designing, manufacturing, selling, and maintaining advanced systems for both railway and commercial vehicles. The company operates through two primary divisions: Rail Vehicle Systems and Commercial Vehicle Systems. In its Rail Vehicle Systems segment, Knorr-Bremse provides a wide range of solutions for mass transit and long-distance trains. These offerings include braking, door, and climate control (HVAC) systems; power electronics and control technology; digital tools for optimizing rail traffic; couplers; signal systems; portable and fixed testing equipment; window wiper and wash systems; and onboard sanitary facilities. For the Commercial Vehicle Systems division, the company delivers essential components for trucks, buses, trailers, and agricultural machinery. This encompasses sophisticated braking systems (including brake control, disk and drum brakes, cylinders, valves, and pedal units); steering and vehicle dynamics solutions; driver assistance technologies; automated driving and electronic leveling controls; energy supply and distribution systems (such as compressors and air treatment products); and engine and transmission control components. Furthermore, Knorr-Bremse extends its business activities to include various support services like leasing, corporate holding functions, logistics management, and media and information technology assistance. Knorr-Bremse Aktiengesellschaft operates as a subsidiary of KB Holding GmbH.

                    Knorr-Bremse (KBXA) Earnings & Revenues

                    KBXA Company Deck

                    KBXA Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call was overall constructive and optimistic: the group reported strong Q2 revenue growth (>6% organic), record quarterly profitability (14.2% EBIT margin, +110 bps YoY), materially improved cash generation and ROCE, and raised full‑year guidance. Both Rail and Truck divisions showed improved margins and order book/backlog strength (RVS backlog ~€5.9bn; CVS order book ~€2bn). Management completed the stated portfolio rotation (sold ~€750m revenue) and launched a clear Growth Beyond strategy with concrete 2030 targets (organic €10bn, ~16% margin, ROCE>25%, cash conversion>90%). Key negatives include a dip in RVS quarterly order intake (-12%), continued headwinds in truck markets and FX (approx. €500m revenue impact since 2022), slower-than-expected adoption of e-mobility/ADAS reducing content-per-vehicle upside, and some M&A/investment execution noise (Nexxiot write-down, duagon integration). On balance the positive operational and financial momentum, guidance raise, and clear strategic targets outweigh the challenges noted.View all DE:KBXA earnings summaries
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