
Siemens Mobility is a wholly-owned division of Siemens AG (FWB: SIE), the publicly traded German technology conglomerate. Headquartered in Munich, Germany, Siemens Mobility provides rail vehicles, rail infrastructure, and customer services. In FY2025 (ended September 30, 2025), the division reported revenue of €12.4 billion (+10% comparable), orders of €17.0 billion (+9% comparable), profit of €1.099 billion (8.8% margin), and free cash flow of over €1 billion. The order backlog reached €52 billion. CEO Michael Peter leads the division. For FY2026, Siemens Mobility expects 8-10% comparable revenue growth and an 8-10% profit margin.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Siemens Mobility | Siemens AG | Wholly owned |
Siemens has been involved in rail technology since the late 19th century. The company built its first electric locomotive in 1879 and supplied electrical equipment for tramways and railways across Europe. Throughout the 20th century, Siemens developed electric locomotives, rail signaling systems, and transportation infrastructure, becoming a major player in the European rail industry.
In 2018, Siemens reorganized its transportation business into a dedicated division called Siemens Mobility, separating it from other industrial operations to focus on modern mobility solutions. The same year, Siemens abandoned a planned merger of its mobility division with Alstom after the European Commission blocked the combination on antitrust grounds.
Siemens Mobility's key product platforms include:
In FY2025, Siemens Mobility won significant contracts including a €3.5 billion order from an existing framework agreement for a turnkey rail system in Egypt, a €1.7 billion order for high-speed trains and related services in the U.S., a €0.7 billion order for infrastructure and maintenance in the U.K., and orders totaling €0.6 billion in the U.S. for dual-mode and battery-electric locomotives.
Revenue grew 10% on a comparable basis to €12.4 billion, with all businesses contributing to growth, led by the rolling stock and customer service businesses. Geographically, revenue was up in all reporting regions with the strongest growth from the Europe, C.I.S., Africa, Middle East region. Profit rose to €1.099 billion (8.8% margin), with customer services and rail infrastructure making the largest contributions. Free cash flow exceeded €1 billion, an exceptionally strong finish to the fiscal year.
What does Siemens AG own?
Siemens AG operates three industrial business segments: Digital Industries (factory automation and industrial software), Smart Infrastructure (building and grid technology), and Mobility (rail transportation). The company also holds approximately 75% of Siemens Healthineers AG, a separately listed medical technology company, and a minority stake of approximately 17% in Siemens Energy AG. In 2025, Siemens acquired Altair Engineering for approximately $10 billion, adding simulation and AI software capabilities to its Digital Industries segment.
Is Siemens AG publicly traded?
Yes, Siemens AG trades on the Frankfurt Stock Exchange under ticker symbol SIE. The company has no controlling shareholder, with ownership distributed among institutional investors including BlackRock, Vanguard Group, and Deutsche Bank, alongside individual shareholders. The Siemens family no longer holds a significant ownership stake.
What is Siemens' annual revenue?
Siemens reported FY2025 revenue of EUR 78.5 billion for the fiscal year ended September 30, 2025, up from EUR 75.9 billion in FY2024. Net profit was EUR 11.0 billion, up from EUR 9.0 billion in FY2024. The company employed approximately 285,000 people worldwide as of the end of FY2025.
Who is Siemens' CEO?
Roland Busch has served as President and CEO of Siemens AG since February 2021, succeeding Joe Kaeser. Busch has led the company's strategic focus on industrial software, AI, and the convergence of physical and digital industrial systems. Under his leadership, Siemens completed the acquisition of Altair Engineering for approximately $10 billion in 2025.
Who founded Siemens?
Siemens was founded on October 1, 1847, by Werner von Siemens and Johann Georg Halske in Berlin, Germany. Werner von Siemens was a Prussian military officer and inventor who pioneered electrical engineering and built the company into one of Germany's largest industrial enterprises. The company has operated for more than 175 years and relocated its headquarters from Berlin to Munich after World War II.
What is Siemens Healthineers?
Siemens Healthineers AG is a medical technology company that is majority-owned (approximately 75%) by Siemens AG but separately listed on the Frankfurt Stock Exchange under ticker SHL. It provides medical imaging systems (MRI, CT, X-ray), laboratory diagnostics, and advanced therapy equipment. Siemens Healthineers is one of the world's largest medical technology companies with approximately EUR 23.5 billion in FY2025 revenue.
Siemens Mobility operates under Siemens AG's sustainability framework, with a focus on sustainable transportation solutions.
Sustainable Transportation: Rail is one of the most environmentally friendly modes of transport. Siemens Mobility's rail vehicles and systems are designed for energy efficiency, reduced emissions, and environmental performance throughout their lifecycle. The division develops electric and battery-electric trains, energy-efficient rail systems, and regenerative braking technology.
Battery-Electric Locomotives: In FY2025, Siemens Mobility won orders totaling €0.6 billion in the U.S. for dual-mode and battery-electric locomotives, supporting the transition to zero-emission rail operations.
Circular Economy: Siemens Mobility implements circular economy principles in manufacturing, focusing on material recycling, component reuse, and waste reduction. Rail vehicles are designed for extended lifecycles with remanufacturing programs for components.
Carbon Neutrality: Siemens AG has committed to achieving carbon neutrality in its own operations by 2030, covering Siemens Mobility's manufacturing facilities and operations.
Failed Alstom Merger (2019): Siemens and Alstom planned to merge their rail businesses to create a European champion against CRRC. The European Commission blocked the merger in February 2019, citing antitrust concerns. The decision limited European rail industry consolidation and was criticized by both companies.
Project Delays and Cost Overruns: Like all major transportation infrastructure providers, Siemens Mobility has faced challenges with project timelines and budget management on large-scale rail projects.
Competition from CRRC: China's CRRC, the world's largest rail manufacturer, has expanded internationally, creating competitive pressure on established European manufacturers including Siemens Mobility.
Supply Chain Disruptions: Global supply chain issues have affected manufacturing schedules and project delivery timelines, particularly during periods of economic uncertainty.
Labor Relations: Siemens Mobility has faced labor disputes at manufacturing facilities in Germany and other European countries, where unions have strong representation in the manufacturing sector.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Siemens | Germany | 2020 | Premium | Global | All-ages | |
| Siemens | Germany | 1982 | Premium | Global | All-ages | |
| Siemens | Germany | 2018 | Premium | Global | All-ages |
Energy UtilitiesOwned by Siemens AG
German energy technology company providing power generation, transmission, and renewable energy solutions, owned by Siemens AG.
Finance FintechOwned by Siemens AG
Financial services company providing equipment financing, leasing, and asset management solutions, owned by Siemens AG.
Healthcare PharmaceuticalsOwned by Siemens AG
German medical technology and healthcare equipment company providing diagnostic imaging and laboratory diagnostics, owned by Siemens AG.
Market Positioning: Siemens Mobility competes with 3 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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