Henkel AG & Co. KGaA
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
15.7714.8814.0415.06
Price/Sales ratio
N/AN/AN/AN/A
Earnings per Share (EPS)
$1.34$1.42$1.51$1.41

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
23.545.795.974.714.494.787.044.715.515.784.964.49
Price/Sales ratio
2.330.610.650.590.520.490.510.380.300.351.580.52
Price/Book Value ratio
3.330.810.810.760.610.530.550.390.340.380.430.53
Price/Cash Flow ratio
20.024.724.314.883.933.143.223.605.562.342.653.14
Price/Free Cash Flow ratio
27.716.425.366.855.763.994.195.1610.612.8812.435.76
Price/Earnings Growth ratio
7.140.010.850.20-0.55-0.48-0.210.29-0.250.850.05-0.55
Dividend Yield
1.36%5.06%5.15%5.87%12.21%8.00%8.04%10.34%11.45%10.10%1.58%8.00%
Profitability Indicator Ratios
Gross Profit Margin
46.96%47.80%47.38%45.77%45.92%45.70%46.08%44.72%41.82%45.74%48.76%45.92%
Operating Profit Margin
13.65%15.87%15.58%15.11%16.83%15.72%10.48%11.02%8.08%9.34%12.84%15.72%
Pretax Profit Margin
13.36%14.39%14.66%14.93%15.32%13.97%10%10.70%7.54%8.77%11.64%13.97%
Net Profit Margin
9.90%10.61%10.97%12.57%11.62%10.36%7.31%8.14%5.62%6.12%8.32%10.36%
Effective Tax Rate
24.28%24.39%23.65%14.93%23.63%25.18%26.02%24.15%25.81%29.07%27.52%23.63%
Return on Assets
7.76%8.44%7.20%8.76%7.73%6.52%4.65%5.00%3.79%4.15%5.27%6.52%
Return On Equity
14.14%14.06%13.64%16.17%13.68%11.25%7.91%8.28%6.26%6.61%8.81%11.25%
Return on Capital Employed
14.60%17.50%13.56%14.41%16.04%13.51%9.22%9.45%7.53%8.38%11.00%13.51%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.10N/A
Quick Ratio
0.910.810.890.820.720.810.850.830.790.880.810.72
Cash ratio
0.210.180.190.120.120.170.200.220.110.250.210.12
Days of Sales Outstanding
61.0359.4065.3164.5866.2161.9758.8962.8657.6058.8866.8266.21
Days of Inventory outstanding
70.0067.0772.6269.8773.8473.1076.9886.5189.0776.4284.6273.84
Operating Cycle
131.04126.48137.94134.45140.06135.07135.88149.37146.68135.31151.44140.06
Days of Payables Outstanding
127.61122.78135.86125.06125.95127.64139.02144.29129.44127.43136.75125.95
Cash Conversion Cycle
3.423.692.079.3914.117.42-3.145.0817.247.8814.6814.11
Debt Ratios
Debt Ratio
0.080.030.130.150.130.120.100.080.080.070.100.12
Debt Equity Ratio
0.150.060.240.270.240.210.170.140.140.110.170.21
Long-term Debt to Capitalization
0.100.000.170.160.080.090.080.070.080.080.090.08
Total Debt to Capitalization
0.130.060.190.210.190.170.140.120.120.100.140.17
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A26.44N/A
Cash Flow to Debt Ratio
1.092.660.760.560.630.800.990.750.421.430.920.63
Company Equity Multiplier
1.821.661.891.841.761.721.701.651.651.591.641.72
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.110.130.150.120.130.150.160.100.050.150.150.13
Free Cash Flow / Operating Cash Flow Ratio
0.720.730.800.710.680.780.760.690.520.810.810.68
Cash Flow Coverage Ratio
1.092.660.760.560.630.800.990.750.421.430.920.63
Short Term Coverage Ratio
4.822.686.691.911.001.562.171.651.177.952.231.00
Dividend Payout Ratio
32.24%29.35%30.83%27.70%54.96%38.27%56.67%48.83%63.14%58.49%43.26%38.27%