Continental Aktiengesellschaft
Explore by topic
5-year stock timeline
2026-08-04 to 2026-08-13 — Q2 2026 / ContiTech sale signed; margins improving
Continental signed a definitive agreement on July 4, 2026 to sell its ContiTech group to an affiliate of Lone Star Funds for €4.0 billion, with up to €250 million in performance payments. Q2 results showed margin expansion, pricing power in tyres, and stronger free cash flow [9][11][7].
The market narrative shifted toward Continental as a tire-focused pure-play. Investors reacted to clearer portfolio simplification and improving tire profitability, though execution and closing risks for the ContiTech disposal remained priced in [11][7].
The chart showed a rally and short-term breakout from the Q1 price base, with volatility around the announcement as some investors rotated into the clearer tire story [7].
2026-05 to 2026-06 — Q1 2026 results and investor meeting; stock reaction
Q1 2026 results were published on May 6, 2026: group sales reached approximately €4.4 billion, adjusted EBIT approximately €522 million. Management reiterated the transformation plan and held a shareholder meeting on April 30, 2026. The stock jumped roughly 9.7% on the release, closing near €68.18 [12][10].
Perception improved as execution in Tires offset macro headwinds. Investors rewarded visible margin recovery and disciplined cost actions, viewing the company as beginning to deliver on its refocus strategy despite legacy transformation charges [12].
The chart showed a strong single-session gap higher and ensuing uptrend as momentum returned following better-than-expected operational metrics [12].
2026-03-04 — FY 2025 results and 2026 guidance (strategy clarified)
Full-year 2025 results and 2026 guidance were released: substantial one-off transformation charges of approximately €1.7 billion, FY 2025 adjusted EBIT margin compressed to roughly 10.3%, net loss due in part to special charges. The company set 2026 sales guidance of €17.3–18.9 billion and adjusted EBIT margin of 11.0–12.5%, and launched a structured sale process for remaining ContiTech assets [14][1].
Investors saw a committed, accelerated restructuring toward a pure-play tire company. The large special charges created short-term pain but clarified the longer-term strategic direction—a turn or reset rather than a pure cyclical call [14][1].
The chart showed a drawdown during the earnings and charge disclosure followed by consolidation as markets digested the one-offs and awaited clarity on divestments and future margins [14].
2025 (mid–late year) — Portfolio actions and leadership transition
Continued portfolio streamlining included the sale and hand-off of Original Equipment Solutions (OESL) within ContiTech to Regent, which closed on February 2, 2026 as part of the broader process. CEO transition was finalized with Christian Kötz taking over effective January 1, 2026 after Nikolai Setzer left the Executive Board on December 31, 2025 [14][11].
Market perception moved from uncertainty to cautious optimism as management change and concrete disposals signaled commitment to the new tire-focused strategy. Investors began to price in simplified capital allocation and potential de-leveraging from disposals [14][11].
The chart showed a range with occasional positive spikes when disposal progress or leadership signals were announced, with an overall sideways-to-slightly-up trend into year-end as strategy clarity grew [14].
2024 — Execution drag, margin pressure; transformation announced earlier
The 2024 operating environment remained challenged with pressure on industrial markets and FX and tariff impacts. Continental reiterated its transformation program and cost discipline across business units as it prepared portfolio exits and restructuring [1][8].
Investor view shifted to a value and turnaround framing: the stock was seen as exposed to cyclical and structural forces, with upside conditional on successful disposals and margin recovery in Tires. Sentiment was mixed with a higher risk premium [8][1].
The chart showed extended consolidation and periodic drawdowns reflecting investor caution and macro headwinds.
2022–2023 — Macroeconomic weakness, supply-chain normalization, and early restructuring signals
Automotive production fluctuations and weaker industrial end markets weighed on ContiTech and OE-supply demand. Continental began signalling strategic reviews of non-core assets and tightened cost controls to protect tire margins [14][1].
Market perception was broadly neutral-to-negative: the company was labelled a restructuring candidate where execution risk was front and center. Some investors viewed the stock as a potential value play subject to turnaround execution [14].
The chart showed a downtrend into mid-2022 followed by prolonged range through 2023 as headlines and results alternately disappointed and then showed stabilization.
2021 — Pandemic recovery and cyclicality; tyres provide resilience
Post-pandemic recovery in replacement tyre demand began to support the Tires segment, while supply-chain issues and raw material volatility persisted. Continental emphasized R&D and premium tyre growth in the 18-inch-plus segment as a structural revenue driver [14][1].
Investors saw Continental as a cyclical industrial supplier with improving end-market demand for tyres but still exposed to supply and input-cost volatility. Sentiment was tepid but improving into 2022 as tyre demand recovered [1].
The chart showed initial recovery from 2020 pandemic lows into a multi-quarter rally, then rolling into volatility as 2021 macro uncertainties played out.
Key risks and downside factors
Continental AG (XETRA:CON, ISIN DE0005439004) manufactures tires and mobility systems—ADAS, braking, powertrain, and software—across the automotive supply chain. Its direct competitors span tire manufacturers (Michelin, Bridgestone, Goodyear, Pirelli) and large Tier-1 suppliers (ZF Friedrichshafen, Schaeffler, Aptiv, Magna) that compete in sensors, braking, powertrain components, and vehicle software. The company faces exposure to automotive industry cyclicality and the EV transition. Tire markets remain commoditized, creating persistent margin pressure alongside volatility in raw materials and energy costs. Technology and software competition intensifies while supply-chain and production disruptions remain structural risks. Regulatory pressures around safety standards, trade measures, and environmental compliance add another layer of complexity.
- Cyclical automotive demand and volatile OEM production schedules create pressure on tire and systems sales, while also leaving capacity underutilized.
- The shift toward electrification and software-defined vehicles threatens to compress margins in legacy powertrains and tires, while demanding substantial R&D and capital investment to remain competitive.
- Raw material costs, energy price swings, and a concentrated manufacturing footprint create vulnerability in both margins and production capacity when supply chains falter.
- Regulatory tightening around emissions and chemicals, safety recalls, tariffs, and antitrust actions pose material risks to both cost structure and market access.
Competitive landscape
Continental AG manufactures tires and automotive technology systems across a global Tier-1 supplier footprint. Its business spans tires, vehicle electronics, ADAS and chassis systems, and industrial rubber products through its ContiTech division. The competitive landscape divides into tire manufacturers (Michelin, Bridgestone, Goodyear, Pirelli, Hankook) and large automotive systems suppliers (Robert Bosch, ZF Friedrichshafen, Aptiv, Magna, Valeo, Denso, Schaeffler). The business faces material headwinds. Automotive OEM demand remains cyclical and sensitive to economic conditions. Raw materials and energy costs fluctuate unpredictably, pressuring margins. Semiconductor availability and broader supply-chain resilience remain structural constraints. The transition to electric vehicles and software-defined architectures is reshaping competitive dynamics, while new entrants—particularly from China and the software ecosystem—are testing established positions in both tires and systems integration.
| Company | Ticker |
|---|---|
| Michelin | ML.PA |
| Pirelli & C. S.p.A. | PIRC.MI |
| Aptiv PLC | APTV.NYSE |
| Magna International Inc. | MGA.TSX |
| Valeo | FR.PA |
Private competitors
- ZF Friedrichshafen AG
- Robert Bosch GmbH (privately held group structure for voting shares)
- Continental spin-offs / specialized private software suppliers and start-ups (example: Aumovio SE — industry spinouts and private software/mobility specialists)
Get More Stock Analyses Like This
Receive hand-picked stock recommendations with detailed analyses every week
Start Free TrialPerformance Figures of Continental Aktiengesellschaft
Relative Performance vs Benchmarks
| Period | Continental Aktiengesellschaft | vs DAX | vs S&P 500 (SPY) |
|---|---|---|---|
| 1M | -4.01% | -10.49% | -8.46% |
| 3M | +1.88% | -6.89% | -3.49% |
| 6M | -0.74% | -6.51% | -15.04% |
| 1Y | +27.44% | +18.90% | +5.45% |
| 3Y | +59.08% | -9.58% | -25.62% |
| 5Y | +11.26% | -54.80% | -75.81% |
Get More Stock Analyses Like This
Receive hand-picked stock recommendations with detailed analyses every week
Start Free TrialHistorical valuation trends
How the company’s key valuation ratios (P/E, P/S, P/B and P/CF) have evolved over time compared to today.
| Period | P/E Ratio | P/S Ratio | P/B Ratio | P/CF Ratio |
|---|---|---|---|---|
| Current | -52.4 | 0.8 | 3.3 | 5.5 |
| 1Y ago | 10.0 | 0.5 | 2.9 | 4.4 |
| 3Y ago | 19.9 | 0.3 | 1.0 | 6.0 |
| 5Y ago | 44.0 | 0.6 | 1.7 | 3.9 |
Frequently Asked Questions
Where is the Continental Aktiengesellschaft stock traded?
What does Continental Aktiengesellschaft do?
What are the key metrics for CON.XETRA?
How has Continental Aktiengesellschaft's stock price performed?
How is CON.XETRA valued?
Does CON.XETRA pay dividends?
What are the key risks when investing in CON.XETRA?
- Cyclical automotive demand and volatile OEM production schedules create pressure on tire and systems sales, while also leaving capacity underutilized.
- The shift toward electrification and software-defined vehicles threatens to compress margins in legacy powertrains and tires, while demanding substantial R&D and capital investment to remain competitive.
- Raw material costs, energy price swings, and a concentrated manufacturing footprint create vulnerability in both margins and production capacity when supply chains falter.
- Regulatory tightening around emissions and chemicals, safety recalls, tariffs, and antitrust actions pose material risks to both cost structure and market access.
Who are the main competitors of Continental Aktiengesellschaft?
- Michelin (ML.PA)
- Pirelli & C. S.p.A. (PIRC.MI)
- Aptiv PLC (APTV.NYSE)
- Magna International Inc. (MGA.TSX)
- Valeo (FR.PA)
When does Continental Aktiengesellschaft report earnings?
Key Metrics
Valuation Metrics
Profitability Metrics
Growth Metrics
Dividend history
Long-term record of paid dividends (amount per share and dividend yield at the time of payment).
| Year | Dividend | Yield at payment | Avg. yield |
|---|---|---|---|
| 2026 | 2.70 EUR | 4.21% | 3.8% |
| 2025 | 2.50 EUR | 4.71% | |
| 2024 | 2.20 EUR | 4.63% | |
| 2023 | 1.50 EUR | 3.11% | |
| 2022 | 2.20 EUR | 4.38% | |
| 2020 | 3.00 EUR | 5.07% | |
| 2020 | 4.00 EUR | 7.62% | |
| 2019 | 4.75 EUR | 4.56% | |
| 2018 | 4.50 EUR | 2.96% | |
| 2017 | 2.89 EUR | 2.07% | |
| 2017 | 4.25 EUR | 3.05% | |
| 2016 | 3.75 EUR | 2.88% | |
| 2015 | 3.25 EUR | 2.27% | |
| 2014 | 2.50 EUR | 2.18% | |
| 2013 | 2.25 EUR | 3.33% |
Earnings history & estimates
Historical earnings performance shows how consistently the company meets or exceeds analyst expectations. Forward estimates provide insight into expected profitability and growth trajectory.
Historical earnings performance
Upcoming earnings report
Analyst estimates for upcoming periods
Key financial figures
Selected income statement, balance sheet and cash flow figures. Annual and quarterly, based on reported IFRS/GAAP financials.
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | 19.68B | 20.08B | 41.42B | 39.41B | 33.77B |
| Operating income (EBIT) | 1.53B | 1.86B | 776.00M | 795.30M | 817.50M |
| Net income | -165.00M | 1.17B | 1.16B | 66.60M | 1.44B |
| Free cash flow | 1.12B | 996.00M | 1.18B | 126.30M | 1.08B |
| Total assets | 17.79B | 36.97B | 37.75B | 37.93B | 35.84B |
| Equity | 3.93B | 14.35B | 13.68B | 13.26B | 12.19B |
| Net debt | 5.32B | 4.24B | 4.25B | 5.23B | 4.24B |
PWP Leeway UG (haftungsbeschränkt)
