Our key figures

Order intake by division

2025

Order intake by region

2025

Key figures

millions of CHF

 

2025

 

2024

 

Change in +/–%

 

+/–% adjusted 1)

 

+/–% organic 2)

Order intake

 

3’751.0

 

3’848.6

 

–2.5

 

2.5

 

2.1

Order intake gross margin

 

35.7%

 

35.0%

 

 

 

 

 

 

Order backlog as of December 31

 

2’255.6

 

2’300.0

 

–1.9

 

 

 

 

Sales

 

3’555.4

 

3’530.6

 

0.7

 

6.0

 

5.6

EBITDA

 

556.2

 

502.7

 

10.6

 

18.6

 

18.0

EBITDA margin

 

15.6%

 

14.2%

 

 

 

 

 

 

EBIT

 

433.1

 

382.5

 

13.2

 

 

 

 

Core net income

 

322.6

 

307.2

 

5.0

 

 

 

 

Net income

 

294.7

 

265.4

 

11.0

 

 

 

 

Basic earnings per share (in CHF)

 

8.68

 

7.73

 

12.2

 

 

 

 

Free cash flow (FCF)

 

212.5

 

234.9

 

–9.5

 

 

 

 

Net debt as of December 31

 

267.4

 

100.4

 

166.3

 

 

 

 

Employees (number of full-time equivalents) as of December 31

 

13’526

 

13’455

 

0.5

 

 

 

 

1) Adjusted for currency effects.

2) Adjusted for acquisitions, divestitures/ deconsolidations and currency effects.

13’526
employees from all over the world work at Sulzer.
160
production and service locations spreads across the globe.
CHF
3.6
billion Sales generated in 2025.

Stock market information

 

 

2025

 

2024

 

2023

 

2022

 

2021

Registered share price (in CHF)

 

 

 

 

 

 

 

 

 

 

– high

 

166.20

 

145.60

 

91.70

 

93.50

 

143.10

– low

 

122.80

 

82.45

 

71.10

 

56.10

 

82.45

– year-end

 

147.40

 

131.00

 

85.90

 

72.00

 

89.85

 

 

 

 

 

 

 

 

 

 

 

Market capitalization as of December 31

 

 

 

 

 

 

 

 

 

 

– number of shares outstanding

 

33’737’574

 

33’752’915

 

33’811’296

 

33’738’515

 

33’727’637

– in millions of CHF

 

4’973

 

4’422

 

2’904

 

2’429

 

3’030

– in percentage of equity

 

385%

 

361%

 

265%

 

237%

 

238%

 

 

 

 

 

 

 

 

 

 

 

P/E ratio as of December 31

 

17.0x

 

16.9x

 

12.7x

 

85.2x

 

2.1x

Dividend yield as of December 31

 

3.2%

 

3.2%

 

4.4%

 

4.9%

 

3.9%

Data per share

CHF

 

2025

 

2024

 

2023

 

2022

 

2021

Net income attributable to a shareholder of Sulzer Ltd

 

8.68

 

7.73

 

6.76

 

0.85

 

41.93

Change from prior year

 

12%

 

14%

 

700%

 

–98%

 

1’603%

Equity attributable to a shareholder of Sulzer Ltd

 

38.30

 

36.30

 

32.40

 

30.40

 

37.80

Ordinary dividend

 

4.75 1)

 

4.25

 

3.75

 

3.50

 

3.50

Payout ratio

 

55%

 

55%

 

55%

 

414%

 

8%

Average number of shares outstanding

 

33’748’688

 

33’855’876

 

33’884’651

 

33’825’814

 

33’788’006

1) Proposal to the Annual General Meeting.

Shareholder structure as of December 31, 2025

Number of shares

 

Number of shareholders

 

Shareholding

1–100

 

5’001

 

1.0%

101–1’000

 

5’060

 

6.4%

1’001–10’000

 

527

 

5.6%

10’001–100’000

 

85

 

9.7%

More than 100’000

 

10

 

77.3%

Total registered shareholders and shares (excluding treasury shares Sulzer Ltd)

 

10’683

 

100.0%