Siemens AG
German multinational technology conglomerate specializing in industrial automation, healthcare equipment, and consumer products.
Company Type
public
Founded
1847
Headquarters
Munich, Germany
Stock
Frankfurt Stock Exchange: SIE
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 in Siemens Energy AG.
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 in Siemens Energy AG.
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 and individual shareholders.
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 and individual shareholders.
What is Siemens' annual revenue?
In FY2024 (ended September 30, 2024), Siemens generated revenue of €75.9 billion and net profit of €9.0 billion. The company employed approximately 312,000 people worldwide.
In FY2024 (ended September 30, 2024), Siemens generated revenue of €75.9 billion and net profit of €9.0 billion. The company employed approximately 312,000 people worldwide.
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.
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.
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.
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.
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. 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 €22.3 billion in FY2024 revenue.
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. 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 €22.3 billion in FY2024 revenue.
History of Siemens AG
Siemens was founded on October 1, 1847, by Werner von Siemens and Johann Georg Halske in Berlin, Germany. Werner von Siemens, a Prussian military officer and inventor, had developed an improved telegraph system and partnered with Halske, a precision mechanic, to commercialize it. The company's first major project was building a telegraph line from Berlin to Frankfurt in 1848, establishing Siemens as a pioneer in electrical communications infrastructure.
Throughout the second half of the 19th century, Siemens expanded rapidly across Europe and internationally, building telegraph networks across Russia, the Middle East, and India. The company developed the first electric streetcar in 1881 in Berlin and built some of the world's first electric power stations. Werner von Siemens also invented the dynamo-electric machine in 1866, a foundational contribution to electrical engineering.
By the early 20th century, Siemens had become one of Germany's largest industrial companies, operating in power generation, telecommunications, lighting, and transportation. The company merged with Schuckertwerke, an electrical manufacturer, in 1903 to form Siemens & Halske and Siemens-Schuckertwerke, which were later consolidated into Siemens AG in 1966.
During World War II, Siemens operated under the Nazi regime and used forced labor from concentration camps in its factories. The company has acknowledged this history and established a historical foundation to document and research this period. After the war, Siemens relocated its headquarters from Berlin to Munich and rebuilt its operations in West Germany.
Throughout the Cold War era, Siemens expanded globally, establishing manufacturing and sales operations across Europe, the Americas, and Asia. The company diversified into computers, semiconductors, and telecommunications equipment in the 1970s and 1980s, though it later divested many of these businesses as it refocused on its core industrial strengths.
In the 1990s and 2000s, Siemens underwent significant portfolio restructuring. The company spun off its semiconductor business as Infineon Technologies in 1999 and its mobile phone business as BenQ Mobile in 2005. Siemens acquired Dade Behring, Diagnostic Products Corporation, and other medical technology companies to build what became Siemens Healthineers.
In 2020, Siemens spun off its energy business as Siemens Energy AG, a separately listed company in which Siemens retained a minority stake. The spin-off reflected a strategic decision to focus the core Siemens business on industrial automation, smart infrastructure, and mobility rather than energy generation and transmission.
Roland Busch became President and CEO in February 2021, succeeding Joe Kaeser. Busch has accelerated the company's focus on industrial software and AI, including the announced acquisition of Altair Engineering, a simulation and AI software company, for approximately $10 billion, which was pending regulatory approval as of early 2025.
Brands Owned by Siemens AG
Siemens AG owns 4 brands in our database.
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 Services
Owned by Siemens AG
Financial services company providing equipment financing, leasing, and asset management solutions, owned by Siemens AG.
financial-servicesleasingequipment-financing
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
Siemens Mobility
Owned by Siemens AG
German transportation and rail technology company providing trains, rail systems, and mobility solutions, owned by Siemens AG.
railtrainstransportation
Shop Siemens AG Brands
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Stock Information
Siemens AG Ownership: Pros & Cons
Advantages
- +FY2024 revenue of €75.9 billion and net profit of €9.0 billion demonstrate strong financial performance
- +Leading positions in industrial automation, smart infrastructure, and rail transportation with high barriers to entry
- +Siemens Healthineers provides exposure to the growing medical technology market through a majority-owned, separately listed subsidiary
- +Industrial software strategy through Siemens Xcelerator creates recurring revenue and customer lock-in
- +Record free cash flow in FY2024 supports continued investment and shareholder returns
Considerations
- -Industrial automation revenue is cyclical and sensitive to manufacturing investment cycles
- -Pending Altair Engineering acquisition for approximately $10 billion represents significant capital deployment and integration risk
- -Competition from specialized software companies in industrial digitalization threatens traditional hardware-centric business model
- -Geopolitical tensions affecting global manufacturing and infrastructure investment create demand uncertainty
- -Complexity of managing three distinct industrial segments plus a majority-owned publicly listed subsidiary
Frequently Asked Questions 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 in Siemens Energy AG.
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 and individual shareholders.
What is Siemens' annual revenue?
In FY2024 (ended September 30, 2024), Siemens generated revenue of €75.9 billion and net profit of €9.0 billion. The company employed approximately 312,000 people worldwide.
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.
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.
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. 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 €22.3 billion in FY2024 revenue.
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