

Latest price 65.7.
Major events
Continental withdrew its 2020 outlook in early 2020, halted large parts of production and warned of significant earnings impacts as COVID‑19 forced plant closures and demand collapses. Q2 2020 delivered a deep operating loss with sharp negative adjusted EBIT and substantial impairment and restructuring charges, producing a significant net loss for the year. From 2021–2022 the company faced repeated semiconductor and supply‑chain constraints that pressured Automotive volumes. In December 2024 the Executive Board decided to spin off the Automotive group, preparing separation through 2025 as a structural response to unlock value.
Investor narrative
After the COVID trough investors viewed the stock as a cyclical recovery and turnaround play centered on cost discipline and operational reset. Through 2022–2024 sentiment moved between skepticism about cyclical headwinds and cautious optimism about structural fixes. The December 2024 spin‑off announcement shifted the story toward portfolio simplification and potential re‑rating. By 2025 the narrative increasingly emphasized margin recovery in Tires, self‑help measures and improved free cash flow, with some analysts describing the shares as trading at a clear discount to peers pending spin‑off execution.
Technical and chart phases
A sharp crash occurred in early 2020 during the COVID shock, followed by a multi‑quarter recovery as production and replacement markets restarted. The 2021–2022 period showed volatile, rangebound to downward pressure as chip shortages and macro weakness interrupted sustained rallies, producing several large intrayear drawdowns and bounce attempts. From late 2024 into 2025–2026 the chart displayed breakout attempts and periodic re‑rating moves coinciding with Automotive spin‑off execution, improved segment margins and the new CEO appointment effective January 1, 2026.
Continental operates across tyres, ADAS, powertrain and vehicle electronics, competing directly with Michelin, Goodyear, Pirelli and Aptiv. The company straddles two worlds: specialist tyre manufacturer and Tier-1 systems supplier, which means its competitive set spans from focused tyre producers to sprawling mobility-technology platforms [1][3][8]. The business carries real structural pressures. OEM demand cycles through peaks and troughs. Raw materials and semiconductors create recurring cost and availability headaches. And the regulatory environment—particularly the EV transition—can shift what products matter and where margins actually live [4][3].
Continental straddles automotive technologies and tyres, competing against entrenched global suppliers like Bosch, ZF and Aptiv on one side, and major tyre makers like Michelin, Bridgestone and Goodyear on the other. The business rides the cyclical waves of OEM production while navigating deeper structural shifts—electrification, ADAS, software-defined vehicles—that reshape what automakers actually buy and how much they're willing to pay for it. Margin pressure comes from multiple angles: raw competition, input cost swings, and tightening environmental and regulatory demands that require constant execution discipline just to hold ground.
| Company | Ticker |
|---|---|
| Compagnie Générale des Établissements Michelin SCA | ML.PA |
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Start Free Trial| Period | Continental Aktiengesellschaft | vs DAX | vs S&P 500 (SPY) |
|---|---|---|---|
| 1M | +3.08% | +2.84% | -0.45% |
| 3M | -5.95% | -3.68% | -13.44% |
| 6M | +9.55% | +3.56% | -2.42% |
| 1Y | +17.39% | +15.56% | -7.79% |
| 3Y | +45.40% | -4.98% | -36.74% |
| 5Y | +2.55% | -56.00% | -86.78% |
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Start Free TrialHow 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 | -398.2 | 0.7 | 3.0 | 5.5 |
| 1Y ago | 11.8 | 0.4 | 1.1 | 4.1 |
| 3Y ago | 60.9 | 0.3 | 1.0 | 8.7 |
| 5Y ago | -25.1 | 0.6 | 1.5 | 6.1 |
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% | 3.85% |
| 2025 | 2.50 EUR | 4.71% | |
| 2024 | 2.20 EUR | 4.63% | |
| 2023 | 1.50 EUR | — | |
| 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% |
Historical earnings performance shows how consistently the company meets or exceeds analyst expectations. Forward estimates provide insight into expected profitability and growth trajectory.
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 |