Want to see DE:BNR full AI Analyst Report?
Top Page
Brenntag AG
(XETRA:BNR)
Select Model
Select Model
Rating:62Neutral
Price Target:
€65.00
▲(10.06% Upside)
Action:Reiterated
Date:08/17/26
The score is led by stabilizing but still mid-quality fundamentals (improving profitability and slight growth, but weaker margins/returns versus 2022–2023 and declining free cash flow), supported by a strong multi-timeframe uptrend in the technical setup. Valuation remains a modest headwind due to a higher P/E that is only partly offset by the ~3.1% dividend yield.
Positive Factors
Diversified Distribution Network
A broad supplier and customer footprint, supported by distribution centers and logistics capabilities, reduces dependence on any single end-market. Value-added services and recurring supply arrangements can also strengthen customer retention and support durable revenue quality.
Negative Factors
Below-Peak Margins
Profitability remains materially below prior-cycle levels, suggesting that earnings have not fully regained resilience. Continued margin pressure could limit operating leverage and leave results more exposed to chemical demand, pricing, and product-mix changes.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified Distribution Network
A broad supplier and customer footprint, supported by distribution centers and logistics capabilities, reduces dependence on any single end-market. Value-added services and recurring supply arrangements can also strengthen customer retention and support durable revenue quality.
Read all positive factors
Brenntag AG (BNR) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€8.86B
Dividend Yield3.13%
Average Volume (3M)359.07K
Price to Earnings (P/E)24.1
Beta (1Y)0.89
Revenue Growth-5.28%
EPS Growth-13.76%
CountryDE
Employees17,300
SectorGeneral
Sector StrengthN/A
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)2.52
Shares Outstanding144,385,380
10 Day Avg. Volume336,769
30 Day Avg. Volume359,071
Financial Highlights & Ratios
PEG Ratio-0.53
Price to Book (P/B)1.66
Price to Sales (P/S)0.47
P/FCF Ratio10.62
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€58.11Price Target Upside-1.61% Downside
Rating ConsensusHold
Number of Analyst Covering10
EPS Forecast (FY)4.08
Revenue Forecast (FY)€15.56B
Brenntag AG Business Overview & Revenue Model
Company Description
Brenntag SE functions as a premier global distributor for a vast selection of industrial and specialty chemicals and ingredients. Its comprehensive network extends across Europe, the Middle East & Africa, North and Latin America, and the Asia Paci...
How the Company Makes Money
Brenntag primarily makes money by distributing chemicals and ingredients: it purchases products from chemical manufacturers and sells them to customers in smaller quantities, at different specifications, and with logistics and service bundling tha...
Brenntag AG Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
63
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 15.16B | 15.17B | 16.24B | 16.82B | 19.43B | 14.38B |
| Gross Profit | 2.38B | 1.96B | 4.03B | 4.02B | 4.32B | 3.38B |
| EBITDA | 1.26B | 1.16B | 1.33B | 1.51B | 1.70B | 1.03B |
| Net Income | 364.30M | 264.60M | 536.20M | 714.90M | 886.80M | 448.30M |
Balance Sheet | ||||||
| Total Assets | 11.67B | 10.84B | 11.67B | 10.34B | 11.37B | 10.20B |
| Cash, Cash Equivalents and Short-Term Investments | 509.00M | 797.90M | 763.30M | 576.90M | 1.05B | 705.00M |
| Total Debt | 3.61B | 3.26B | 3.38B | 2.40B | 2.93B | 2.66B |
| Total Liabilities | 7.20B | 6.49B | 6.91B | 5.98B | 6.57B | 6.20B |
| Stockholders Equity | 4.43B | 4.31B | 4.73B | 4.30B | 4.75B | 3.91B |
Cash Flow | ||||||
| Free Cash Flow | 513.10M | 673.70M | 564.40M | 1.34B | 689.50M | 189.30M |
| Operating Cash Flow | 802.80M | 966.70M | 906.60M | 1.66B | 956.70M | 388.60M |
| Investing Cash Flow | -438.00M | -410.20M | -749.00M | -558.30M | -401.40M | -608.50M |
| Financing Cash Flow | -382.10M | -489.10M | 23.00M | -1.55B | -225.80M | 174.10M |
Brenntag AG Technical Analysis
Neutral
59.06
Price Trends
58.00
Positive
57.72
Positive
53.20
Positive
Market Momentum
0.98
Positive
50.63
Neutral
14.72
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:BNR, the sentiment is Neutral. The current price of 59.06 is below the 20-day moving average (MA) of 61.32, above the 50-day MA of 58.00, and above the 200-day MA of 53.20, indicating a neutral trend. The MACD of 0.98 indicates Positive momentum. The RSI at 50.63 is Neutral, neither overbought nor oversold. The STOCH value of 14.72 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DE:BNR.
Brenntag AG Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | €8.41B | 69.91 | 1.49% | 5.85% | -4.03% | -71.46% | |
64 Neutral | €12.45B | 32.80 | 9.96% | 1.44% | -1.45% | -50.97% | |
62 Neutral | €8.86B | 24.06 | 8.30% | 3.22% | -5.28% | -13.76% | |
57 Neutral | €4.70B | -10.66 | -11.14% | 2.82% | ― | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | €12.56B | -17.79 | -9.70% | ― | -8.72% | -140.66% | |
48 Neutral | €1.29B | -1.94 | -18.62% | 0.65% | -9.81% | -305.46% |
* General Sector Average
DE:BNR
Brenntag AG
60.64
7.13
13.32%
DE:1COV
Covestro
60.40
-0.02
-0.03%
DE:EVK
Evonik
18.08
2.19
13.76%
DE:SY1
Symrise
87.34
6.02
7.41%
DE:LXS
LANXESS
15.06
-9.96
-39.80%
DE:WCH
Wacker Chemie AG
94.10
24.75
35.69%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.