profit from every CHF 100 of sales.

Kardex
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay CHF 48.35 for every CHF 1 of profit it makes in a year.
It holds more cash than debt.
Money in, money out
What Kardex sold, what it kept, and what it did with the cash.
Sales went from €566 million in 2022 to €850 million in 2025, with €41.6 million of profit last year.
Kardex handed back more cash to shareholders than it generated last year.
Kardex vs. similar companies
Kardex grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from CHF 100 of sales | Sales growth a year | Price per CHF 1 of profit |
|---|---|---|---|
Kardex | 48.3× · Expensive | ||
GE Vernova | 43.5× · Expensive | ||
Schneider Electric S.E. | 34.4× · Expensive | ||
Eaton | 33.6× · Expensive | ||
Siemens Energy | 79.0× · Very expensive |
AI analysis
An AI analyst reads Kardex's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 566 | 703 | 791 | 850 | |
| 178 | 236 | 277 | 290 | |
| 57 | 90 | 102 | 101 | |
| 64 | 101 | 118 | 116 | |
| 38 | 67 | 81 | 42 | |
| 4.90 | 8.63 | 10.45 | 5.39 | |
| 31.4% | 33.6% | 35.0% | 34.1% | |
| 10.0% | 12.8% | 12.9% | 11.9% | |
| 6.7% | 9.5% | 10.2% | 4.9% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 364 | 422 | 494 | 503 |
| Cash | 71 | 107 | 136 | 118 |
| Total debt | 0 | – | 0 | – |
| Total liabilities | 160 | 182 | 209 | 233 |
| 204 | 239 | 284 | 268 | |
| 8 | 8 | 8 | 8 | |
| 22.6% | 31.0% | 31.1% | 21.1% | |
| 18.5% | 27.9% | 28.4% | 15.5% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 10 | 80 | 114 | 63 | |
| 19 | 20 | 15 | 36 | |
| -8 | 61 | 99 | 27 | |
| Dividends paid | 33 | 28 | 39 | 49 |
| 2 | 0 | 0 | 2 | |
| – | – | – | – |
Valuation
- 48.3×
- –
- 14.98
- 6.3×
- 2.4×
- 75.3×
- 16.3×
- 1.3%
- 2.1%
- 2.4%
Profitability
- 34.1%
- 11.9%
- 4.9%
- –
- 21.1%
- 26.4%
- –
- –
- –
- –
Growth
- +14.6%
- +3.2%
- –
- –
- +0.0%
Financial health
- -1.0×
- –
- –
- 332.5×
- –
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
116.6% of its profit
Room to growStretchedMore than it earns: 181.6%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Kardex
Is Kardex a good stock to buy?
A business with weak numbers, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Kardex AI analysis
What does Kardex do?
Kardex Holding AG provides intralogistics solutions in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through two segments, Automated Products and Standardized Systems. It is in Specialty Industrial Machinery, based in Zurich, Switzerland, with 2,839 employees.
Does Kardex pay a dividend?
Yes. At today's price the dividend is 2.4% a year, about 117% of its yearly profit. In 2025 it paid out CHF 48.5 million in dividends.
How has Kardex stock done over the past year?
Down 10.1% over the past twelve months, to CHF 241.00. It traded between CHF 215.50 and CHF 298.00 and is 19.1% below its high.
Who are Kardex's competitors?
The largest listed companies in the same industry are GE Vernova, Schneider Electric S.E., Eaton and Siemens Energy. The peers table on this page compares their profit, growth and price with Kardex's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



