RHM on Frankfurt Stock Exchange

Rheinmetall AG

Logo: Rheinmetall AG, Public domain, via Wikimedia Commons3

German automotive and arms manufacturer

Rheinmetall AG (German pronunciation: [ˈʁaɪnmeˌtal]) is a German arms manufacturer, headquartered in Düsseldorf, North Rhine-Westphalia, Germany. The group was promoted to the DAX, Germany's leading stock market index, in March 2023.2 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

1889Founded1

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  • TickerRHM on Frankfurt Stock Exchange1
  • IndustryManufacture of military fighting vehicles, Manufacture of parts and accessories for motor vehicles, automotive industry, engine manufacturing, machinery industry and plant construction1
  • HeadquartersDüsseldorf1
  • Founded inDüsseldorf1
  • Websitewww.rheinmetall.com/de
  • Legal formAktiengesellschaft1

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Gebaeude Rheinmetallallee 1 in Duesseldorf-Derendorf, von Sueden
Photo: Jörg Wiegels, CC BY-SA 3.0, via Wikimedia Commons4

Rheinmetall AG (German pronunciation: [ˈʁaɪnmeˌtal]) is a German arms manufacturer, headquartered in Düsseldorf, North Rhine-Westphalia, Germany. The group was promoted to the DAX, Germany's leading stock market index, in March 2023. It is the largest German and fifth-largest European arms manufacturer, and produces a variety of armored fighting vehicles and armored personnel carriers, in both wheeled and tracked versions. Furthermore, the company is one of the largest munitions manufacturers within NATO; it produces air defence systems and, since 2026, has also been building warships, including at the traditional Blohm+Voss shipyard. The company also manufactures loitering munitions. Through partnerships and joint ventures, it furthermore produces reconnaissance radar satellites and centre fuselage sections for the F-35 fighter jet. Its name is derived from the German-language words Rhein and Metall, translating to "Rhine-metal" when combined.2

The story

Founded by Heinrich Ehrhardt in 1889, in Düsseldorf.1

Leadership

Who has led Rheinmetall AG, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Armin Papperger2013–now
197019801990200020102020
Board members and other officers (1)

Products and brands

  • automotive part
  • weapon

Listed on Wikidata.1

Subsidiaries and ownership

Parent company

  • Reichswerke AG für Waffen-und Maschinenbau Hermann Göring
  • Röchling Group

Owners

Subsidiaries

  • Eurometaal
  • KS Kolbenschmidt Czech Republic
  • Maschinenbau Kiel
  • Mauser
  • Oerlikon Rheinmetall Air Defence
  • Pierburg
  • Pierburg
  • RWM Italia
  • Rheinmetall Air Defence (Switzerland)
  • Rheinmetall Automotive
  • Rheinmetall Expal Munitions
  • Rheinmetall MAN Military Vehicles
  • Rheinmetall Nordic

Also owns

  • 4iG 24.1%
  • Astra since 2025

From Wikidata.1

Acquisitions

  1. 2025Acquired Astra1

Employees over time

Rheinmetall AG employees by year128.1K in 2023+39% since 2014
010.0K20.0K30.0K2014: 20.2K20.2K20142015: 20.7K20.7K2015+3%2016: 21.0K21.0K2016+2%2017: 21.6K21.6K2017+3%2018: 22.9K22.9K2018+6%2019: 23.8K23.8K2019+4%2020: 23.3K23.3K2020−2%2021: 23.9K23.9K2021+3%2022: 25.5K25.5K2022+6%2023: 28.1K28.1K2023+10%
  • 202328,0541
  • 202225,4861
  • 202123,9451
  • 202023,2681
  • 201923,7801
  • 201822,8991
  • 201721,6101
  • 201620,9931

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Rheinmetall AG revenue by year17.2B EUR in 2023+53% since 2014
02.0B EUR4.0B EUR6.0B EUR8.0B EUR2014: 4.7B EUR4.7B EUR20142015: 5.2B EUR5.2B EUR2015+11%2016: 5.6B EUR5.6B EUR2016+8%2017: 5.9B EUR5.9B EUR2017+5%2019: 6.3B EUR6.3B EUR2019+6%2020: 5.4B EUR5.4B EUR2020−14%2021: 5.7B EUR5.7B EUR2021+5%2022: 6.4B EUR6.4B EUR2022+13%2023: 7.2B EUR7.2B EUR2023+12%
  • 20237.2B EUR1
  • 20226.4B EUR1
  • 20215.7B EUR1
  • 20205.4B EUR1
  • 20196.3B EUR1
  • 20175.9B EUR1

Net income

Rheinmetall AG net income by year1535.0M EUR in 2023+2872% since 2014
0200.0M EUR400.0M EUR600.0M EUR2014: 18.0M EUR18.0M EUR20142015: 160.0M EUR160.0M EUR2015+789%2016: 215.0M EUR215.0M EUR2016+34%2017: 252.0M EUR252.0M EUR2017+17%2018: 354.0M EUR354.0M EUR2018+40%2019: 354.0M EUR354.0M EUR2019+0%2020: 1.0M EUR1.0M EUR2020−100%2021: 332.0M EUR332.0M EUR2021+33100%2022: 469.0M EUR469.0M EUR2022+41%2023: 535.0M EUR535.0M EUR2023+14%
  • 2023535.0M EUR1
  • 2022469.0M EUR1
  • 2021332.0M EUR1
  • 20201.0M EUR1
  • 2019354.0M EUR1
  • 2018354.0M EUR1

Timeline

  1. 2013New chief executive Armin Papperger becomes CEO1
  2. Nov 14, 1894Went public Listed on Frankfurt Stock Exchange1
  3. 1889Founded Founded in Düsseldorf1

Sources

The numbers on this page point here. Each one links to the record it came from.

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