Hensoldt stock trades 35.9 percent below its yearly high

Published on 09/25/2026 at 11:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hensoldt stock stood at EUR 75.46 on September 25, 2026, below its yearly high. H1 order intake doubled to EUR 2.812 billion, while revenue rose 23.6 percent.

Großes Radarsystem von Hensoldt AG bei Sonnenuntergang auf Berghügel — Hensoldt AG Radarsystem auf Hügel bei Sonnenuntergang fotografiert, ISIN DE000HAG0005 Rüstungselektronik Deutschland, Illustration mit AI erstellt.

Hensoldt stock (ISIN DE000HAG0005) stood at EUR 75.46 on Xetra on September 25, 2026, down 0.71 percent in intraday trading and 35.9 percent below its 52-week high of EUR 117.70. The company enters the final months of 2026 with a much larger order base, but the share price remains well below its yearly peak.

Orders double in six months

Hensoldt reported order intake of EUR 2.812 billion for the first half of 2026, compared with EUR 1.405 billion in the same period of 2025. The order backlog reached EUR 10.4 billion, giving the defense electronics group a substantial volume of contracted work for future periods.

According to HENSOLDT, the half-year report was released on July 31, 2026. The same release said revenue increased to EUR 1.167 billion from EUR 944 million, while adjusted EBITDA rose to EUR 137 million from EUR 107 million.

Revenue growth meets margin pressure

The revenue increase of 23.6 percent and adjusted EBITDA growth of 28.5 percent show that operating scale is improving. Adjusted free cash flow, however, was negative at EUR 136 million in H1 2026, compared with negative EUR 181 million a year earlier, so cash conversion remains an important counterpoint to the order momentum.

Janes reported that Hensoldt's H1 book-to-bill ratio reached 2.4, compared with 1.5 in H1 2025. That ratio means new orders materially exceeded recognized revenue during the period, an important reason the backlog expanded faster than sales.

Stock remains below yearly high

Hensoldt stock was trading at EUR 75.46 on Xetra on September 25, 2026, with a market capitalization of EUR 8.715 billion. The intraday quote was EUR 0.54 below the previous close of EUR 76.00, while the 52-week range stood at EUR 63.18 to EUR 117.70.