Ukraine war pushes Rheinmetall share up to ten times its value

Flight of fancy Ukraine war pushes Rheinmetall share up to ten times its value

2025-02-26 Source: dpa 1 min Reading Time

The once poor image of weapons manufacturers has changed. They are now extremely popular with stock speculators, for example ...

Taken for a ride! Just a few years ago, arms companies were treated with contempt. Since the war in Ukraine, however, they have been attracting a lot of attention, especially from stock market players. The Rheinmetall share price has not increased tenfold since the start of the war for nothing!(Image: Rheinmetall) — Taken for a ride! Just a few years ago, arms companies were treated with contempt. Since the war in Ukraine, however, they have been attracting a lot of attention, especially from stock market players. The Rheinmetall share price has not increased tenfold since the start of the war for nothing!
(Image: Rheinmetall)

Rheinmetall's share price has increased tenfold since the start of the war in Ukraine, as reported by dpa. While a share in the arms manufacturer was worth 96.8 euros on February 23, 2022, the stock was now trading for a whopping 968 euros in Xetra trading. Rheinmetall currently manufactures armaments that Ukraine urgently needs. Germany's largest armaments company is also benefiting from the increased demand from NATO countries, which feel threatened by Russia and therefore want to invest more in defense. Combat equipment with digital components for infantry is also part of the product portfolio of the Düsseldorf-based company, which has its largest plant in Unterlüß, Lower Saxony.

The Rheinmetall backlog has more than doubled

The steep growth trajectory can be seen above all in the full order books. This is because the backlog, which includes not only the order backlog but also the expected call-offs from long-term framework agreements and potential in other businesses, stood at 24.5 billion euros at the end of 2021, according to the report. In fall 2024, it was already just under 52 billion - and rising. However, Rheinmetall will not present its annual figures for 2024 until mid-March. Other companies from the defense industry, such as Hensoldt and Renk, are also in high demand on the stock market.

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