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Overview

Revenues adjusted / € millionTotal revenuesExternal revenues
H1ChangeH1Change
20262025absolute%20262025absolute%
DB Long-Distance3,0522,974+78+2.62,9562,881+75+2.6
DB Regional5,5845,369+215+4.05,5075,302+205+3.9
DB Cargo2,4832,531–48–1.92,3462,388–42–1.8
DB InfraGO 1)4,2944,318–24–0.61,6271,588+39+2.5
DB Energy1,6941,677+17+1.0692742–50–6.7
Subsidiaries / Other 1)3,2803,238+42+1.3456437+19+4.3
Consolidation 1)–6,803–6,769–34+0.5––––
DB Group13,58413,338+246+1.813,58413,338+246+1.8
Operating profit figures / € millionEBITDA adjustedEBIT adjusted
H1ChangeH1Change
20262025absolute%20262025absolute%
DB Long-Distance419240+179+74.6148–59+207–
DB Regional420423–3–0.789103–14–13.6
DB Cargo15670+86+123–1–96+95–99.0
DB InfraGO 1)593335+258+77.0–66–202+136–67.3
DB Energy13090+40+44.49152+39+75.0
Subsidiaries / Other 1)461308+153+49.7158–13+171–
Consolidation 1)–50–68+18–26.5–4–24+20–83.3
DB Group2,1291,398+731+52.3415–239+654–
Margin (%)15.710.5+5.2–3.1–1.8+4.9–
Capital expenditures / € millionGross capital expendituresDB-financed net capital expenditures 2)
H1ChangeH1Change
20262025absolute%20262025absolute%
DB Long-Distance559377+182+48.3558377+181+48.0
DB Regional348235+113+48.1308233+75+32.2
DB Cargo98151–53–35.191151–60–39.7
DB InfraGO6,9196,007+912+15.21,776537+1,239–
DB Energy179164+15+9.16880–12–15.0
Subsidiaries / Other473390+83+21.3473390+83+21.3
Consolidation9714+83–9714+83–
DB Group8,6737,338+1,335+18.23,3711,782+1,589+89.2
thereof investment grants5,3021,313+3,989–––––
thereof Federal Government equity measures for financing infrastructure capital expenditures–4,243–4,243–100––––

1) The figures for the first half of 2025 have been adjusted to reflect the reallocation of DB Projekt Stuttgart-Ulm GmbH.
2) Excluding equity increases by the Federal Government for infrastructure financing.

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