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Siemens

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Siemens

Siemens AG (German pronunciation: [ˈziːməns] or [-mɛns]) is a German multinational technology conglomerate. It is focused on industrial automation, building automation, rail transport and health technology. Siemens is the largest engineering company in Europe, and holds the position of global market leader in industrial automation and industrial software. The origins of the conglomerate can be traced back to 1847 to the Telegraphen Bau-Anstalt von Siemens & Halske established in Berlin by Werner von Siemens and Johann Georg Halske. In 1966, the present-day corporation emerged from the merger of three companies: Siemens & Halske, Siemens-Schuckert, and Siemens-Reiniger-Werke. Today headquartered in Munich and Berlin, Siemens and its subsidiaries employ approximately 320,000 people worldwide and reported a global revenue of around €78 billion in 2023. The company is a component of the DAX and Euro Stoxx 50 stock market indices. As of December 2023, Siemens is the second largest German company by market capitalization. As of 2023, the principal divisions of Siemens are Digital Industries, Smart Infrastructure, Mobility, and Financial Services, with Siemens Mobility operating as an independent entity. Major business divisions that were once part of Siemens before being spun off include semiconductor manufacturer Infineon Technologies (1999), Siemens Mobile (2005), Gigaset Communications (2008), the photonics business Osram (2013), Siemens Healthineers (2017), and Siemens Energy (2020).

Infobox

Company type
Public
Traded as
mw- FWB: SIEDAX component
ISIN
DE0007236101
Industry
Conglomerate
Predecessors
Siemens & HalskeSiemens-SchuckertSiemens-Reiniger-Werke
Founded
1 October 1847; 178 years ago (1847-10-01)Berlin, Kingdom of Prussia
Founder
Werner von Siemens
Headquarters
Munich, Germany
Area served
Worldwide
Key people
Roland Busch (CEO)Jim Hagemann Snabe (chairman)
Products
industrial automation, drive technology, building technology, energy technology, financial services, medical technology, mobility services, software
Revenue
€75.93 billion (2024)
Operating income
€11.23 billion (2024)
Net income
€8.992 billion (2024)
Total assets
€147.8 billion (2024)
Total equity
€51.26 billion (2024)
Owner
Siemens family (6.9%)
Number of employees
327,000 (2024)
Divisions
Siemens Digital Industries Siemens Smart Infrastructure Siemens Mobility Siemens Financial Services
Website
siemens.com

Tables

Sales by business (2023)[162] · Operations
Siemens Healthineers
Siemens Healthineers
Business
Siemens Healthineers
share
27.7%
Digital Industries
Digital Industries
Business
Digital Industries
share
27.6%
Smart Infrastructure
Smart Infrastructure
Business
Smart Infrastructure
share
25.2%
Mobility
Mobility
Business
Mobility
share
13.5%
Portfolio Companies
Portfolio Companies
Business
Portfolio Companies
share
4.0%
Reconciliation
Reconciliation
Business
Reconciliation
share
1.4%
Siemens Financial Services
Siemens Financial Services
Business
Siemens Financial Services
share
0.6%
Business
share
Siemens Healthineers
27.7%
Digital Industries
27.6%
Smart Infrastructure
25.2%
Mobility
13.5%
Portfolio Companies
4.0%
Reconciliation
1.4%
Siemens Financial Services
0.6%
Sales by region (2023)[162] · Corporate affairs › Business trends
Europe, CIS, Africa, Middle East (without Germany)
Europe, CIS, Africa, Middle East (without Germany)
Region
Europe, CIS, Africa, Middle East (without Germany)
share
29.7%
United States
United States
Region
United States
share
24.5%
Asia, Australia
Asia, Australia
Region
Asia, Australia
share
22.1%
Germany
Germany
Region
Germany
share
19.0%
Americas (without U.S.)
Americas (without U.S.)
Region
Americas (without U.S.)
share
4.6%
Region
share
Europe, CIS, Africa, Middle East (without Germany)
29.7%
United States
24.5%
Asia, Australia
22.1%
Germany
19.0%
Americas (without U.S.)
4.6%
· Corporate affairs › Business trends
2013
2013
Year
2013
Revenuein €billion
75.8
Net incomein €billion
4.2
Total assetsin €billion
101
Employees
362,000
2014
2014
Year
2014
Revenuein €billion
71.9
Net incomein €billion
5.3
Total assetsin €billion
104
Employees
357,000
2015
2015
Year
2015
Revenuein €billion
75.6
Net incomein €billion
7.2
Total assetsin €billion
120
Employees
348,000
2016
2016
Year
2016
Revenuein €billion
79.6
Net incomein €billion
5.4
Total assetsin €billion
125
Employees
351,000
2017
2017
Year
2017
Revenuein €billion
83.0
Net incomein €billion
6.0
Total assetsin €billion
133
Employees
372,000
2018
2018
Year
2018
Revenuein €billion
83.0
Net incomein €billion
5.8
Total assetsin €billion
138
Employees
379,000
2019
2019
Year
2019
Revenuein €billion
86.8
Net incomein €billion
5.1
Total assetsin €billion
150
Employees
385,000
2020*
2020*
Year
2020*
Revenuein €billion
57.1
Net incomein €billion
4.0
Total assetsin €billion
123
Employees
293,000
2021
2021
Year
2021
Revenuein €billion
62.2
Net incomein €billion
6.1
Total assetsin €billion
139
Employees
295,000
2022
2022
Year
2022
Revenuein €billion
71.9
Net incomein €billion
3.7
Total assetsin €billion
151
Employees
311,000
2023
2023
Year
2023
Revenuein €billion
77.7
Net incomein €billion
7.9
Total assetsin €billion
145
Employees
320,000
2024
2024
Year
2024
Revenuein €billion
75.9
Net incomein €billion
9.0
Total assetsin €billion
147.8
Employees
327,000
Year
Revenuein €billion
Net incomein €billion
Total assetsin €billion
Employees
2013
75.8
4.2
101
362,000
2014
71.9
5.3
104
357,000
2015
75.6
7.2
120
348,000
2016
79.6
5.4
125
351,000
2017
83.0
6.0
133
372,000
2018
83.0
5.8
138
379,000
2019
86.8
5.1
150
385,000
2020*
57.1
4.0
123
293,000
2021
62.2
6.1
139
295,000
2022
71.9
3.7
151
311,000
2023
77.7
7.9
145
320,000
2024
75.9
9.0
147.8
327,000

References

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