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Siemens is a global technology company focusing on the areas of electrification, automation, and digitalization. It specializes in automation and digitalization in the process and manufacturing industries, intelligent infrastructure for buildings and distributed energy systems, conventional and renewable power generation and power distribution, smart mobility solutions for rail and road, and medical technology and digital healthcare services. Siemens consists of three operating companies (Digital Industries, Smart Infrastructure, and Gas and Power) and three strategic companies (Mobility, Siemens Healthineers, and Siemens Gamesa Renewable Energy).

TypePublic
Founded1847
HQMünchen, DE
Websitesiemens.com
Employee Ratings4
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2020)292,000
Job Openings6,465
Revenue (FY, 2020)€57.1 B(-34%)
Share Price (Apr 2021)€138.5(-2%)
Cybersecurity ratingCMore

Key People/Management at Siemens

Roland Busch

Roland Busch

President and Chief Executive Officer of Siemens AG
Ralf P. Thomas

Ralf P. Thomas

Chief Financial Officer
Cedrik Neike

Cedrik Neike

Member of the Managing Board; Chief Executive Officer, Digital Industries
Christian Bruch

Christian Bruch

President and CEO, Siemens Energy
Adrian Wood

Adrian Wood

CEO of Siemens WLL, Siemens Qatar
Axel Meier

Axel Meier

Chief Financial Officer, Smart Infrastructure
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Siemens Office Locations

Siemens has offices in München, Erlangen, Mannheim, Alpharetta and in 199 other locations
München, DE (HQ)
Werner-von-Siemens-Straße 1
Erlangen, DE
Henkestraße 127
Mannheim, DE
Dynamostraße 4
Kabol, AF
6 Darulaman Rd
Hydra, DZ
Lotissement El Kadous, lot n°10, Moutchatchou Haut site d’Hydra
Luanda, AO
R. Condomínio Comercial Conchas
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Siemens Financials and Metrics

Siemens Revenue

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Siemens's revenue was reported to be €57.14 b in FY, 2020 which is a 34.2% decrease from the previous period.
EUR

Revenue (Q1, 2021)

14.1b

Gross profit (Q1, 2021)

5.3b

Gross profit margin (Q1, 2021), %

37.8%

Net income (Q1, 2021)

1.5b

Market capitalization (30-Apr-2021)

110.9b

Closing stock price (30-Apr-2021)

138.5

Cash (31-Dec-2020)

14.0b

EV

140.4b
Siemens's current market capitalization is €110.9 b.
Annual
EURFY, 2018FY, 2019FY, 2020

Revenue

83.0b86.8b57.1b

Revenue growth, %

5%(34%)

Cost of goods sold

58.2b60.9b37.0b

Gross profit

24.9b25.9b20.2b
Quarterly
EURQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

19.8b20.1b20.5b20.1b20.9b21.3b20.3b14.2b13.5b14.1b

Cost of goods sold

13.8b13.8b14.4b14.2b14.4b15.1b14.6b9.2b8.6b8.8b

Gross profit

6.0b6.3b6.1b5.9b6.5b6.2b5.8b5.1b4.8b5.3b

Gross profit Margin, %

30%31%30%29%31%29%28%36%36%38%
Annual
EURFY, 2018FY, 2019FY, 2020

Cash

11.1b12.4b14.0b

Accounts Receivable

17.9b18.9b14.1b

Inventories

13.9b14.8b7.8b

Current Assets

64.6b70.4b53.0b
Quarterly
EURQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

10.0b9.6b7.1b12.4b8.9b8.0b11.4b7.8b12.1b14.0b

Accounts Receivable

17.3b16.7b17.6b18.6b18.4b19.2b18.7b14.3b13.8b13.9b

Inventories

14.4b14.4b14.7b15.0b15.6b15.9b15.9b8.5b8.7b7.7b

Current Assets

61.1b61.2b60.2b67.6b65.4b66.2b69.5b90.4b93.3b54.1b
Annual
EURFY, 2018FY, 2019FY, 2020

Net Income

6.1b5.6b4.2b

Depreciation and Amortization

3.4b3.5b3.2b

Inventories

(81.0m)(614.0m)(425.0m)

Accounts Payable

1.0b465.0m143.0m
EURQ1, 2018

EV/CFO

86.8 x

Revenue/Employee

52.7k

Debt/Equity

0.7 x

Debt/Assets

0.2 x

Financial Leverage

3 x

P/E Ratio

45.5
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Siemens Acquisitions / Subsidiaries

Company NameDateDeal Size
VarianAugust 02, 2020
Abacus MedicineJuly 15, 2020
Avatar Integrated SystemsJuly 15, 2020
UltraSoC TechnologiesJune 24, 2020
C&S ElectricJanuary 24, 2020$297 m
MultiMechanicsNovember 26, 2019
Process Systems EnterpriseSeptember 16, 2019
ESTEQ Group LtdJune 11, 2019
MendixAugust 02, 2018$700 m
ComfyJune 26, 2018
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Siemens Revenue Breakdown

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Siemens revenue breakdown by business segment: 27.4% from Healthineers, 28.4% from Digital Factory, 17.1% from Mobility and 27.1% from Smart Infrastructure

Siemens revenue breakdown by geographic segment: 23.9% from Asia, Australia, 28.4% from Americas and 47.6% from Europe, C.I.S., Africa, Middle East

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Siemens Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Siemens Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Siemens Online and Social Media Presence

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Siemens Company Culture

  • Overall Culture

    A+

    80/100

  • CEO Rating

    B

    70/100

  • Compensation

    A

    78/100

Learn more on Comparably

Siemens News and Updates

Siemens, Toyota Partner for AI Die Casting Solution

Toyota Industries Corporation and Siemens worked together to develop artificial intelligence (AI) that can predict product abnormalities in aluminum die casting, a key process in automotive air conditioning compressor production.

Amtrak selects Siemens to build new intercity trainsets

Amtrak has selected Siemens to build a fleet of 83 intercity trainsets for use on the Northeast Corridor, Palmetto, and various state-supported services.

Siemens and Google Cloud to cooperate on AI-based solutions in manufacturing

Google Cloud and Siemens, an innovation and technology leader in industrial automation and software, today announced a new cooperation to optimize factory processes and improve productivity on the shop floor. Siemens intends to integrate Google Cloud’s leading data cloud and artificial intelligence/…

Siemens Digital Industries Software has signed an agreement with London-based Azini Capital to acquire OneSpin Solutions

Siemens Digital Industries Software has signed an agreement with London-based Azini Capital to acquire OneSpin Solutions, a leading provider of formal verification software that helps ensure integrated circuit (IC) integrity and enables functionally correct, safe, trustworthy and secure IC designs. …

Total, Siemens partner to cut LNG related emissions

French oil major Total and Siemens Energy have signed a technical collaboration agreement to study sustainable solutions for CO2 emissions reduction focusing on natural gas liquefaction facilities and associated power generation.

Siemens Healthineers Completes Acquisition of Varian

Siemens Healthineers AG announced that it has successfully completed the acquisition of Varian Medical Systems, Inc. The acquisition was previously announced on August 2, 2020.
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Siemens Frequently Asked Questions

  • When was Siemens founded?

    Siemens was founded in 1847.

  • Who are Siemens key executives?

    Siemens's key executives are Roland Busch, Ralf P. Thomas and Cedrik Neike.

  • How many employees does Siemens have?

    Siemens has 292,000 employees.

  • What is Siemens revenue?

    Latest Siemens annual revenue is €57.1 b.

  • What is Siemens revenue per employee?

    Latest Siemens revenue per employee is €195.7 k.

  • Who are Siemens competitors?

    Competitors of Siemens include Honeywell, Hitachi and Schneider Electric.

  • Where is Siemens headquarters?

    Siemens headquarters is located at Werner-von-Siemens-Straße 1, München.

  • Where are Siemens offices?

    Siemens has offices in München, Erlangen, Mannheim, Alpharetta and in 199 other locations.

  • How many offices does Siemens have?

    Siemens has 230 offices.