Siemens reports record 2026 orders, raises 2027 revenue outlook and dividend
Siemens announced that comparable orders reached €108.2 billion in fiscal 2026, a 25 % increase, and that comparable revenue grew 8 % to €83.4 billion. The group posted record free cash flow of €12.1 billion and a backlog of €143 billion, covering about 1.7 years of revenue. Management lifted its medium‑term revenue growth target for fiscal 2027 to 9‑11 % and set an EPS pre‑PPA range of €10.20‑€10.80, while proposing to raise the dividend to €5.50 per share and continue the planned spin‑off of Siemens Healthineers.
Why it matters
The higher 2027 revenue outlook and double‑digit EPS target suggest stronger earnings growth for shareholders. The dividend increase and Healthineers separation could improve cash returns and clarify the company’s focus on industrial and digital businesses.
Key facts
- 1Comparable orders grew 25 % to €108.2 billion in fiscal 2026. tradingview.com
- 2Comparable revenue increased 8 % to €83.4 billion in fiscal 2026. tradingview.com
- 3Free cash flow reached a record €12.1 billion in fiscal 2026. tradingview.com
- 4The order backlog stood at €143 billion, covering about 1.7 years of revenue. tradingview.com
- 5Siemens now expects comparable revenue growth of 9 % to 11 % in fiscal 2027. tradingview.com
- 6EPS before purchase‑price allocation is forecast at €10.20‑€10.80 for fiscal 2027. tradingview.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.