Siemens
Technology for factories, buildings, trains and hospitals.
52-week range
As of 5 Oct 2026, 17:35What does Siemens do?
Munich-based Siemens is one of Europe’s largest technology companies. It supplies controls and software for factories, technology for buildings and power grids, trains such as Germany’s ICE, and, through its subsidiary Healthineers, medical equipment. Software matters more and more: it lets companies design and test products and factories on a computer first.
On a Deutsche Bahn ICE you are riding a Siemens train. And the MRI scanner at the hospital often comes from its subsidiary Siemens Healthineers.
How Siemens makes money
- Medical technology (Healthineers)30 %
- Buildings & power grids29 %
- Factory automation & software22 %
- Trains & rail technology16 %
- Other3 %
Strengths
- Very broadly diversified: weakness in one area is often offset by another.
- A leader in automation and industrial software, recently strengthened by acquisitions.
- Benefits from the build-out of power grids and data centers.
Risks
- The factory business depends on the economy and was weak in fiscal 2025.
- Siemens plans to spin off 30 percent of the Healthineers shares to its own shareholders. Afterwards the group will look quite different.
- Competition from China and trade conflicts weigh on its international business.
- Founded
- 1847
- Headquarters
- Munich, Germany
- Employees
- about 318,000
What if you had invested in Siemens earlier?
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This page explains the company and is not a recommendation to buy or sell.