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2026 Who Brands. All information is provided for educational purposes. Brand names and logos are trademarks of their respective owners.

  1. Home
  2. Brands
  3. Transportation & Logistics
  4. Siemens Mobility
Siemens Mobility logo
Transportation & Logistics

Who Owns Siemens Mobility?

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.

Parent Company

Siemens AG

Founded

2018

Status

Publicly Traded

Headquarters

Berlin, Germany

Siemens Mobility Timeline

1847
Siemens AG

Parent company established in Munich, Germany

Company Founded
2018

Siemens Mobility

Founded by Siemens AG (division)

Founded
premiumpremiumGlobalall-agessustainable transportationenergy efficiencycircular economycarbon reductionOfficial Website

Who Owns Siemens Mobility?

  • Parent Company: Siemens AG
  • Ownership Type: Wholly owned
  • Company Type: Publicly Traded
  • Stock Ticker: Frankfurt Stock Exchange: SIE
BrandParent CompanyOwnership Type
Siemens MobilitySiemens AGWholly owned

History of Siemens Mobility

  • Founded: 2018
  • Founders: Siemens AG (division)

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:

  • Velaro: High-speed train platform used in Germany (ICE), Spain (AVE), Russia (Sapsan), and other countries
  • Mireo: Regional and commuter train platform
  • Inspiro: Metro train platform used in Munich, Nuremberg, London, and other cities
  • Vectron: Multi-system locomotive for cross-border freight and passenger service
  • Rail Automation: Signaling and control systems including ETCS (European Train Control System)

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.

About Siemens AG

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.

  • Founded: 1847
  • Headquarters: Munich, Germany
  • Company Type: Publicly Traded
  • Stock: Frankfurt Stock Exchange: SIE
  • Revenue: EUR 78.5 billion (FY2025, year ended September 2025)
  • Employees: Approximately 285,000

Visit Siemens AG website

View full company profile for Siemens AG

Where Is Siemens Mobility Made / Based?

  • Headquarters: Berlin, Germany
  • Manufacturing / Operations: Germany, Europe, Asia, Americas

Siemens Mobility Categories & Tags

RailTrainsTransportationMobilitySiemensGerman Brand

Siemens Mobility Sustainability & Ethics

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.

Awards & Recognition

  • Egypt Turnkey Rail System: €3.5 billion order from an existing framework agreement, one of the largest single orders in FY2025
  • U.S. High-Speed Train Contract: €1.7 billion order for high-speed trains and related services, strengthening Siemens Mobility's position in the American market
  • Free Cash Flow Excellence: Free cash flow of over €1 billion in FY2025, an exceptionally strong performance
  • Technology Leadership: Velaro high-speed platform recognized for performance and reliability across multiple countries
  • Order Backlog Strength: €52 billion order backlog with €15 billion in Customer Services providing long-term revenue visibility

Siemens Mobility Recalls & Controversies

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.

Brands Owned by Siemens AG

Siemens EnergyEnergy Utilities

Siemens Energy

Owned by Siemens AG

German energy technology company providing power generation, transmission, and renewable energy solutions, owned by Siemens AG.

energypower-generationrenewable-energy
Siemens Financial ServicesFinance Fintech

Siemens Financial Services

Owned by Siemens AG

Financial services company providing equipment financing, leasing, and asset management solutions, owned by Siemens AG.

financial-servicesleasingequipment-financing
Siemens HealthineersHealthcare Pharmaceuticals

Siemens Healthineers

Owned by Siemens AG

German medical technology and healthcare equipment company providing diagnostic imaging and laboratory diagnostics, owned by Siemens AG.

medical-technologyhealthcarediagnostics
View all brands owned by Siemens AG

Siemens Mobility Ownership: Pros & Cons

Advantages

  • +FY2025 revenue of €12.4 billion with 10% comparable growth, all businesses contributing
  • +Order backlog of €52 billion, providing multi-year revenue visibility
  • +Free cash flow of over €1 billion in FY2025, an exceptionally strong performance
  • +Major contract wins: €3.5 billion (Egypt), €1.7 billion (U.S. high-speed), €0.7 billion (U.K.)
  • +FY2026 outlook: 8-10% revenue growth and 8-10% profit margin
  • +Technology leader in high-speed rail, signaling, and battery-electric locomotives
  • +Backing of Siemens AG's financial strength and technology ecosystem

Considerations

  • -Q4 FY2025 book-to-bill was 0.78x due to sharply higher large order volume in Q4 FY2024
  • -Competition from Alstom, CRRC, Stadler Rail, and Hitachi Rail
  • -Large project execution risks and potential for cost overruns
  • -Dependency on government infrastructure spending cycles
  • -Failed Alstom merger (2019) limited European consolidation opportunity
  • -Geopolitical risks affecting cross-border rail projects

Frequently Asked Questions About Siemens Mobility

Sources & Further Reading

  • Siemens Mobility Official Website -
  • Siemens AG FY2025 Q4 Earnings Release -
  • Siemens AG Q4 FY2025 Presentation -
  • Siemens AG Business Fact Sheets Q4 FY2025 -
  • Siemens AG Combined Management Report FY2025 -
  • Siemens AG Earnings Release Q4 FY2025 -
  • Siemens AG Corporate Website -
  • Frankfurt Stock Exchange: Siemens AG (SIE) -

Competitors to Siemens Mobility

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
Siemens EnergySiemens EnergySister Brand
Siemens
Germany
2020
PremiumGlobalAll-ages
Siemens Financial ServicesSiemens Financial ServicesSister Brand
Siemens
Germany
1982
PremiumGlobalAll-ages
Siemens HealthineersSiemens HealthineersSister Brand
Siemens
Germany
2018
PremiumGlobalAll-ages

Learn More About Competitors

Siemens EnergyEnergy Utilities

Siemens Energy

Owned by Siemens AG

German energy technology company providing power generation, transmission, and renewable energy solutions, owned by Siemens AG.

energypower-generationrenewable-energy
Siemens Financial ServicesFinance Fintech

Siemens Financial Services

Owned by Siemens AG

Financial services company providing equipment financing, leasing, and asset management solutions, owned by Siemens AG.

financial-servicesleasingequipment-financing
Siemens HealthineersHealthcare Pharmaceuticals

Siemens Healthineers

Owned by Siemens AG

German medical technology and healthcare equipment company providing diagnostic imaging and laboratory diagnostics, owned by Siemens AG.

medical-technologyhealthcarediagnostics

Competitive Analysis

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.

Independent Alternatives to Siemens Mobility

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Adani Ports and Special Economic Zone is privately owned, unlike Siemens Mobility which is under a publicly traded parent company.

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JSW Infrastructure is privately owned, unlike Siemens Mobility which is under a publicly traded parent company.

PSA InternationalTransportation Logistics

PSA International

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Singapore-based global port operator and subsidiary of Temasek Holdings, handling 105 million TEUs across 70-plus terminals in 45 countries in 2025.

portslogisticsshipping
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PSA International is privately owned, unlike Siemens Mobility which is under a publicly traded parent company.

Container Corporation of IndiaTransportation Logistics

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container-logisticsstate-ownedindian-railways
State-Owned

Container Corporation of India operates independently without a large parent corporation.

DP WorldTransportation Logistics

DP World

Owned by DP World

Dubai-based global port operator and logistics company, state-owned by the Dubai government, handling 88.3 million TEUs across 80-plus marine terminals worldwide.

portslogisticsshipping
State-Owned

DP World operates independently without a large parent corporation.

Siemens AG Stock Information

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Last reviewed: August 15, 2026 · Reviewed by Who Brands Editorial Team