Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Klöckner & Co SE is a leading producer-independent processor and distributor of steel and metal products, operating as a Societas Europaea with a global network of 120 warehousing and processing locations primarily in Europe and North America. Founded in 1906 by Peter Klöckner in Duisburg, Germany, the company serves over 90,000 customers, including small and medium-sized enterprises as well as large corporations in construction, mechanical engineering, automotive, shipbuilding, and consumer goods sectors. Its comprehensive value chain spans procurement, warehousing, advanced processing services such as laser cutting, CNC milling, coil processing, and surface treatments, to logistics and just-in-time delivery. Klöckner & Co SE emphasizes digital transformation through initiatives like the kloeckner.i center and AI-powered Kloeckner Assistant for order processing, while expanding sustainable offerings under the Nexigen brand, including CO2-reduced steel and aluminum. Structured into segments like Kloeckner Metals Europe and Kloeckner Metals Americas, it bridges steel producers and end-users, providing tailored solutions and investing in innovative technologies to enhance supply chain efficiency. With a workforce of approximately 6,500-7,000 employees, Klöckner & Co SE maintains its position as one of the world's top steel distributors.
Operating margin is thin at 0.57%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 3.8% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 154% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -€2M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€6.28B
▼ -3.8% YoY
Net Income (TTM)
-€29M
▲ +69.6% YoY
Op. Margin
0.93%
▲ +0.7pp YoY
ROIC
1.16%
▲ +1.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€160M
▼ -154.4% YoY
Op. Cash Flow (TTM)
-€120M
▼ -102.0% YoY
Net Debt
€691M
Cash & Equiv.
€73M
3Y CAGR: -8.5%
Continue Research