Bertelsmann SE & Co KgaA
Bertelsmann SE & Co KgaA operates as a global media and services company, generating revenue primarily through broadcasting and related consumer cyclical activities.
Business. Bertelsmann SE & Co KgaA is a broadcasting company operating within the Cyclical Consumer Services industry. The firm is headquartered in Germany and is primarily listed on the Frankfurt Stock Exchange under the ticker symbol BTGGGA.F. Specific details regarding its operating segments and geographic revenue mix are not provided in the available data.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Bertelsmann SE & Co KgaA is a broadcasting company operating within the Cyclical Consumer Services industry. The firm is headquartered in Germany and is primarily listed on the Frankfurt Stock Exchange under the ticker symbol BTGGGA.F. Specific details regarding its operating segments and geographic revenue mix are not provided in the available data.
Bertelsmann maintains a leveraged capital structure with total liabilities of €18.14 billion against total equity of €13.16 billion, resulting in a debt-to-equity ratio of 0.47. The company holds €699 million in cash and equivalents, which is insufficient to cover its €6.20 billion in long-term debt, leading to a negative net cash position. Liquidity is assessed as medium, supported by a current ratio of 1.3, indicating adequate short-term asset coverage for immediate obligations. Operating cash flow stands at €2.06 billion, providing a buffer against debt servicing requirements, while free cash flow is recorded at €746 million after capital expenditures of €1.18 billion.
Profitability metrics show a return on equity of 13.67% and a return on assets of 5.75%, reflecting efficient use of shareholder capital and asset base. The company generated €18.96 billion in revenue, with a gross profit of €10.87 billion, indicating a gross margin of approximately 57.3%. Operating income reached €1.84 billion, translating to an operating margin of roughly 9.7%, while net income was €698 million. These returns suggest a stable profitability profile within the broadcasting sector, though specific cohort median comparisons are not available in the provided data to benchmark relative performance.
- Debt-to-equity ratio of 0.47 indicates moderate leverage, with negative net cash position due to €6.20 billion in long-term debt.
- Return on equity of 13.67% and return on assets of 5.75% demonstrate solid profitability relative to capital base.
- Operating cash flow of €2.06 billion supports debt servicing and provides a cushion for the medium liquidity risk.
- Low dilution risk with stable share count of 15.47 million basic and diluted shares.
- ESG governance score of 10.14 is a potential area of concern, despite a high controversies score of 100.
Bull / Bear case
Generated · model-assistedOperating income surged 117.2% year-over-year to EUR 3.28 billion, demonstrating significant operational leverage and profitability expansion.
Free cash flow increased 153.6% to EUR 746 million, providing substantial liquidity for debt reduction or shareholder returns.
Net income grew 168.3% year-over-year to EUR 1.8 billion, reflecting robust bottom-line performance despite revenue declines.
Long-term debt remains elevated at EUR 6.2 billion, creating ongoing interest obligations and refinancing risks.
The company faces medium liquidity risk, which could constrain financial flexibility during periods of market stress.
Revenue CAGR of -0.3% over four years indicates a long-term structural decline in sales volume.
Gross profit decreased to EUR 10.9 billion, suggesting margin pressure or higher cost of goods sold.
In focus — financials by report
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Assetsnet_income / total_assets
- Return On Equitynet_income / total_equity
- Bertelsmann SE & Co KgaA Market data — financials · 2026-07-12
- Bertelsmann SE & Co KgaA Market data — ESG · 2026-07-12
Ownership & reference
Leadership
- Christoph MohnChairman of the Supervisory Board