Education
About Us
Working with TipRanks
Follow Us
Knorr-Bremse (KNRRY)
OTHER OTC:KNRRY
Earnings Data
Report Date
May 07, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.32Last Year’s EPS
0.24Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a strong operational and financial performance for FY2025: management delivered on guidance, recorded a company-best free cash flow, materially delevered the balance sheet, improved margins (notably in Rail) and progressed BOOST portfolio and efficiency initiatives. There are notable challenges — a still-weak North American truck OE market, Q4 order volatility (RVS), and a planned but not-yet-completed HVAC disposal — and China is expected to normalize slightly in 2026. Overall, the positive execution on margins, cash generation, deleveraging and strategic portfolio moves significantly outweigh the outlined headwinds, and management signals continued disciplined, margin-accretive growth and clear guardrails for M&A.Company Guidance
Record Free Cash Flow and Exceptional Cash Conversion
Generated a record operating free cash flow of EUR 790 million in FY2025 (Q4 = EUR 471 million); cash conversion reached 131% (would be ~138% excluding ~EUR 80 million one-offs for severance).
Revenue and Group Margin Improvement; Guidance Delivered
Total revenues of almost EUR 8.0 billion, slight organic growth year-over-year; group operating EBIT margin increased by 70 basis points to 13%; company achieved full-year 2025 guidance and issued a solid 2026 outlook.
Rail Division Outperformance — Midterm Margin Target Achieved Early
Rail (RVS) reached a 16.5% operating margin (midterm target hit one year early), RVS now ~55% of group revenues; Q4 RVS margin improved 140 bps to 17%; year-end backlog ~EUR 5.6 billion (organically +~9%).
Order Intake and Backlog Growth
Group order intake and backlog grew organically by ~6% and ~8% year-over-year respectively, underpinning visibility for 2026; book-to-bill around 1 for the year.
Balance Sheet Strength and Deleveraging
Equity almost EUR 3.2 billion (equity ratio ~36%); net debt reduced ~31% to EUR 627 million; net debt-to-EBITDA at a very comfortable level just below 0.5; liquidity operationally increased ~15% despite bond repayment.
Portfolio Optimization via BOOST — Improved Profitability and Cost Base
BOOST fix-it/sell-it measures improved breakeven by ~400 basis points; divested businesses with >EUR 400 million revenues so far and expect up to EUR 750 million when HVAC sale completes; added ~EUR 600 million in revenue with margins >=15%; headcount reduced by >2,400 employees (majority through real reductions).
Return on Capital and Capital Efficiency Gains
ROCE improved by ~200 basis points to 22.8%; CapEx at EUR 319 million (4.1% of revenues), down EUR 30 million year-over-year; net working capital improved (reduction of ~EUR 85 million, >3 days).
Truck Division (CVS) Operational Resilience and Service Growth
CVS Q4 order intake ~EUR 977 million (≈+10% YoY, organic ≈+20%), Q4 operating EBIT margin improved 180 bps to 11.3%; company targets CVS operating margin ~12% in 2026 and low- to mid-single-digit organic revenue growth for CVS in 2026 driven by Europe and APAC.
Sustainability Progress
Scope 1 & 2 CO2 emissions down 79% since 2018; self-produced renewable power up 41%; taxonomy-aligned revenues increased slightly; strong external ESG validations and green bond reporting.
Clear 2026 Guidance
FY2026 guidance: revenues EUR 8.0–8.3 billion, group EBIT margin ~14%, and free cash flow EUR 750–850 million; update to midterm targets planned with Q2 results (end of July).
KNRRY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KNRRY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 19, 2026 | $31.51 | $32.64 | +3.60% |
Oct 30, 2025 | $23.58 | $23.33 | -1.04% |
Jul 31, 2025 | $24.91 | $25.14 | +0.90% |
May 08, 2025 | $24.91 | $24.46 | -1.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Knorr-Bremse (KNRRY) report earnings?
Knorr-Bremse (KNRRY) is schdueled to report earning on May 07, 2026, TBA (Confirmed).
What is Knorr-Bremse (KNRRY) earnings time?
Knorr-Bremse (KNRRY) earnings time is at May 07, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KNRRY EPS forecast?
KNRRY EPS forecast for the fiscal quarter 2026 (Q1) is 0.32.