Influence of Porsche AG Vz on the DAX 40
However, with a market capitalization of more than €40 billion, Porsche has a very small impact on the DAX 40. Porsche AG Vz has a weighting of 0.45% (measured in December 2024). View the composition of the DAX 40 and the weighting of all companies in the DAX 40 here. The company's share price is influenced by global auto sales, technological developments, the transition to electric driving, and macroeconomic trends such as commodity prices and consumer demand. The performance of the Volkswagen Group as the majority shareholder also plays a role.
Investment analysis & outlook
In 2025, Porsche expects an operating profit margin of 10-12%, down from 14% in 2024. The decline is due to higher investments in new models, battery technology, and research & development. In the medium term, the company targets a margin of 15-17%.
Sales for 2024 came to €40.1 billion, slightly lower than in 2023. Operating income fell to €5.6 billion. For the 2024 fiscal year, Porsche is paying a dividend of €2.31 per preferred share, representing an attractive yield of about 5.6% at the current share price. Porsche remains attractive for long-term investors thanks to its strong brand position, technological edge and consistent dividend policy.
Looking at Porsche's share price development since May 2023, a clear downward trend becomes apparent. The stock has experienced a significant decline since then and no convincing recovery has yet been initiated. Nevertheless, Porsche's prospects offer starting points for recovery towards previous share price levels. The question remains, however when that turning point will occur.
News & updates
Although last year's results were disappointing, Porsche continues to invest heavily in research & development, battery technology and the expansion of its production capacity. The goal is to offer more than 80% of the model range electric by 2030. Despite pressure on margins and increasing competition within the EV segment, management recently reaffirmed its commitment to a stable dividend policy.
With this long-term strategy, Porsche continues to position itself as a technological leader within the premium segment of the global automotive market. More information about the company can be found at: www.porsche.com
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