Defense Electronics: 60%
Sensor Solutions: 25%
Cyber and Information Security: 15%

TOP 3 Markets:
Germany: 40%
Europe (excluding Germany): 35%
North America: 15%

Hensoldt AG generates the majority of its revenues from defense electronics, followed by sensor solutions and cyber and information security. The German market is the largest single market for Hensoldt, driven by strong demand for defense technologies domestically. Europe, excluding Germany, also represents a significant market as many European countries are increasing their defense budgets. North America, especially the USA, is a growing market where Hensoldt is expanding its presence to benefit from high defense spending.

Production sites of Hensoldt AG:

1. Germany: Taufkirchen, Ulm, Oberkochen, Immenstaad
2. France: Paris
3. South Africa: Pretoria

Hensoldt AG is a leading company in the field of defense and security electronics. The main production facilities are located in Germany, where the company has its roots. In addition to the German sites, Hensoldt also has significant production capacities in France and South Africa, highlighting the company's international orientation and global market ambition.

Focus on Digitalization and Innovation: Hensoldt AG is increasingly investing in digital technologies and innovative solutions to strengthen its market position.

Expansion of International Business: The company plans to expand its presence in international markets, especially in Asia and the Middle East.

Sustainability and Green Technologies: Hensoldt is committed to sustainable practices and the development of environmentally friendly technologies to meet the growing demands for sustainability.

Hensoldt AG is pursuing a strategy focused on digitalization, international expansion, and sustainability. By investing in digital technologies and innovative solutions, the company aims to enhance its competitiveness. At the same time, its international presence, particularly in high-growth regions, is being expanded. Sustainability also plays a central role as Hensoldt focuses on the development of environmentally friendly technologies to meet global requirements.

Commodities/Materials: Electronic components, metals, plastics
Countries of origin: USA, China, Germany

Hensoldt AG, as a company in the field of defense and security electronics, imports a variety of commodities and materials necessary for the production of their products. This includes electronic components, which are often sourced from the USA and China. These countries are leading in the production of semiconductors and other electronic components.

Metals and plastics needed for the casings and structural components of the products often come from Germany and other European countries. These materials are crucial for manufacturing robust and durable products that meet the high demands of the defense industry.

Market Share: Estimated 10-15% in the European defense sector (2025)

Technological Leadership: Strong in sensor and radar technologies

Hensoldt AG has established itself as a leading provider in the field of defense electronics, especially in Europe. The company benefits from its strong technological base, particularly in the areas of sensor and radar technologies, which are considered crucial for modern defense systems.

A key competitive advantage is the specialization in advanced technologies that are difficult to replicate. This allows Hensoldt to stand out from competitors and secure long-term contracts with government and military customers.

Furthermore, Hensoldt has built strategic partnerships and alliances that strengthen its position in the market and facilitate access to new markets. These factors help the company to remain successful in a competitive environment.

Institutional Investor Share: approximately 60% (2025, estimated)

Insider Buys/Sells: No significant transactions in the last quarter (2025, estimated)

The institutional investor share at Hensoldt AG is around 60%, indicating a strong interest from investment funds, pension funds, and other institutional investors. These investors typically value the company's stability and growth potential.

There were no significant insider transactions in the last quarter, suggesting that the management and other insiders are currently not making any significant changes to their holdings. This could be seen as a sign of confidence in the current company strategy and performance.

Market share of Hensoldt AG: Estimate: 5% (2025)

Main competitors and their market shares:

1. Thales Group: 15%
2. BAE Systems: 12%
3. Leonardo S.p.A.: 10%
4. Raytheon Technologies: 8%
5. Northrop Grumman: 7%
6. Hensoldt AG: 5%
7. Saab AB: 4%
8. Elbit Systems: 3%
9. General Dynamics: 3%
10. L3Harris Technologies: 2%

Moat of Hensoldt AG:

Hensoldt AG has a moderate moat, mainly characterized by specialized technologies and a strong position in the European defense industry. The company specializes in sensor solutions and electronic systems, giving it an advantage in certain niche markets.

In comparison to larger competitors like Thales Group and BAE Systems, which have more comprehensive product portfolios and larger global presence, the moat of Hensoldt is less pronounced. These companies benefit from extensive resources, established customer relationships, and broader geographical reach, giving them a stronger competitive advantage.

However, Hensoldt can score points through innovation and specialized solutions in certain segments, enabling the company to survive in a fiercely competitive market environment.

Revenue Growth: 9.8% (2024) EBITDA Margin: 15.2% (2024) Order Backlog: 5.5 billion euros (2024)

Hensoldt AG recorded a revenue growth of 9.8% in 2024, attributed to strong demand in the defense sector and successful contract signings. The EBITDA margin of 15.2% indicates that the company operates efficiently and is able to generate solid profits from its revenues.

The order backlog of 5.5 billion euros suggests that Hensoldt has a well-filled pipeline securing future revenues. This is particularly important in the defense industry, where long-term contracts and projects are common.

Overall, the financial health of the company, combined with a strong order backlog and solid operational margin, indicates that Hensoldt AG could be an attractive investment opportunity. However, potential investors should also consider geopolitical developments and regulatory risks in the defense sector.

Dividend Yield: 2.5% (estimated for 2025)
Dividend History: Continuous payout since 2021

Hensoldt AG has regularly distributed dividends in recent years, indicating a reliable dividend policy. The estimated dividend yield of 2.5% in 2025 suggests that the company aims to involve its shareholders in the profits.

The continuity of payouts since 2021 shows that Hensoldt AG has a stable financial foundation that allows it to maintain dividend payments. This is supported by solid business development and a strategic positioning in the defense and security sector.