profit from every €100 of sales.

Vonovia
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2024.
It has no yearly profit to compare the price with.
of earnings would pay off all its debt.
Money in, money out
What Vonovia sold, what it kept, and what it did with the cash.
Sales went from €4.14 billion in 2021 to €5.94 billion in 2024, with -€896 million of profit last year.
Vonovia handed back 23% of the cash it generated last year.
Vonovia vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
Vonovia | No profit yet | ||
Sumitomo Realty & Development | 16.6× · Fair price | ||
KE Holdings | 43.8× · Expensive | ||
Swire Properties | No profit yet | ||
Cellnex Telecom | No profit yet |
AI analysis
An AI analyst reads Vonovia'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 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 4,144 | 5,483 | 5,229 | 5,939 | |
| 1,701 | 72 | 2,472 | 2,253 | |
| -2,636 | -2,105 | 1,050 | 1,002 | |
| 9,813 | 1,255 | -7,905 | 408 | |
| 2,680 | -644 | -6,285 | -896 | |
| 3.02 | -0.82 | -7.80 | -1.09 | |
| 41.1% | 1.3% | 47.3% | 37.9% | |
| -63.6% | -38.4% | 20.1% | 16.9% | |
| 64.7% | -11.7% | -120.2% | -15.1% |
Balance sheet
| In millions of EUR | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Total assets | 105,914 | 101,390 | 91,996 | 90,236 |
| Cash | 1,315 | 1,198 | 1,276 | 1,691 |
| Total debt | 47,693 | 45,687 | 43,494 | 43,205 |
| Total liabilities | 69,775 | 66,951 | 62,051 | 62,109 |
| 32,897 | 31,332 | 25,683 | 23,996 | |
| 745 | 788 | 806 | 819 | |
| 5.2% | -0.0% | -8.5% | 0.3% | |
| 8.1% | -2.1% | -24.5% | -3.7% |
Cash flow
| In millions of EUR | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 1,824 | 2,084 | 1,901 | 2,402 | |
| – | – | – | – | |
| 1,824 | 2,084 | 1,901 | 2,402 | |
| Dividends paid | 515 | 714 | – | – |
| 1,040 | 672 | 373 | 547 | |
| – | – | – | – |
Valuation
- –
- –
- –
- 0.8×
- 2.4×
- 6.0×
- 137.1×
- 16.6%
- -6.2%
- –
Profitability
- 37.9%
- 16.9%
- -15.1%
- –
- 0.3%
- -0.8%
- –
- –
- –
- –
Growth
- +12.8%
- –
- –
- –
- +3.2%
Financial health
- 101.8×
- 1.80
- –
- 0.3×
- 1.06
- –
- –
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
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.
Not enough data
Questions about Vonovia
Is Vonovia a good stock to buy?
A business with weak numbers that is not profitable yet. 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 Vonovia AI analysis
What does Vonovia do?
Vonovia SE operates as an integrated residential real estate company in Europe. The company operates through Rental, Value-Add, Recurring Sales, and Development segments. It is in Real Estate Services, based in Bochum, Germany, with 12,898 employees.
Is Vonovia stock halal?
No. Vonovia does not pass our halal screen: its debt is 300% of its market value, at or above the 33% limit. How we check
Who are Vonovia's competitors?
The largest listed companies in the same industry are Sumitomo Realty & Development, KE Holdings, Swire Properties and Cellnex Telecom. The peers table on this page compares their profit, growth and price with Vonovia's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



