External revenue (excl. natural gas tax / electricity tax)
€ million
17,628
24,224
–6,596
Adjusted EBITDA
€ million
5,087
5,680
–593
Adjusted EBIT
€ million
2,868
3,561
–693
Income before tax
€ million
3,539
6,343
–2,804
Net income / income attributable to RWE AG shareholders
€ million
3,131
5,135
–2,004
Adjusted net income
€ million
1,803
2,322
–519
Cash flows from operating activities
€ million
4,954
6,620
–1,666
Capital expenditure
€ million
10,810
11,240
–430
– Property, plant and equipment and intangible assets
€ million
10,014
9,377
637
– Acquisitions and financial assets
€ million
796
1,863
–1,067
Proportion of taxonomy-aligned investments1
%
94
94
–
Free cash flow
€ million
–5,496
–4,106
–1,390
Number of shares outstanding (average)
thousands
727,647
743,554
–15,907
Earnings per share
€
4.30
6.91
–2.61
Adjusted net income per share
€
2.48
3.12
–0.64
Dividend per share
€
1.202
1.10
0.10
31 Dec 2025
31 Dec 2024
+ / –
Net debt
€ million
–10,921
–11,177
256
Workforce
FTE3
20,120
20,985
–865
1 Taxonomy-alignment is when an activity meets the applicable requirements under the EU Taxonomy Regulation.
2 Dividend proposal for fiscal 2025, subject to the passing of a resolution by the 30 April 2026 Annual General Meeting.
3 Converted to full-time equivalents.
