Annual Report 2025

Group Management Report

Volkswagen share key figures

VOLKSWAGEN SHARE DATA

 

 

Ordinary share

 

Preferred share

 

 

 

 

 

ISIN

 

DE0007664005

 

DE0007664039

WKN

 

766400

 

766403

Deutsche Börse/Bloomberg

 

VOW

 

VOW3

Reuters

 

VOWG.DE

 

VOWG_p.DE

Primary market indices

 

CDAX, Prime All Share

 

DAX, CDAX, STOXX EUROPE 600, EURO STOXX 50, EURO STOXX Automobiles & Parts, Prime All Share, MSCI Europe

Exchanges

 

Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart, Xetra

VOLKSWAGEN SHARE KEY FIGURES

Dividend development

 

 

 

2025

 

2024

 

2023

 

2022

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of no-par value shares at Dec. 31

 

 

 

 

 

 

 

 

 

 

 

 

Ordinary shares

 

thousands

 

295,090

 

295,090

 

295,090

 

295,090

 

295,090

Preferred shares

 

thousands

 

206,205

 

206,205

 

206,205

 

206,205

 

206,205

Dividend1

 

 

 

 

 

 

 

 

 

 

 

 

per ordinary share

 

 

5.20

 

6.30

 

9.00

 

8.70

 

7.50

per preferred share

 

 

5.26

 

6.36

 

9.06

 

8.76

 

7.56

Dividend paid1

 

€ million

 

2,619

 

3,171

 

4,524

 

4,374

 

3,772

on ordinary shares

 

€ million

 

1,534

 

1,859

 

2,656

 

2,567

 

2,213

on preferred shares

 

€ million

 

1,085

 

1,311

 

1,868

 

1,806

 

1,559

 

 

 

 

 

 

 

 

 

 

 

 

 

Share price development2

 

 

 

2025

 

2024

 

20233

 

20224

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

Ordinary share

 

 

 

 

 

 

 

 

 

 

 

 

Closing

 

 

105.10

 

92.15

 

118.45

 

147.65

 

258.40

Price performance

 

%

 

+14.1

 

−22.2

 

−19.8

 

−42.9

 

+51.9

Annual high

 

 

112.80

 

151.50

 

181.65

 

279.40

 

327.20

Annual low

 

 

86.35

 

82.40

 

106.40

 

145.00

 

165.70

Preferred share

 

 

 

 

 

 

 

 

 

 

 

 

Closing

 

 

103.55

 

89.04

 

111.80

 

116.42

 

177.48

Price performance

 

%

 

+16.3

 

−20.4

 

−4.0

 

−34.4

 

+16.4

Annual high

 

 

110.15

 

128.50

 

142.20

 

193.10

 

246.55

Annual low

 

 

83.84

 

80.32

 

99.14

 

114.88

 

144.80

Market capitalization at Dec. 31

 

€ billion

 

52.4

 

45.6

 

58.0

 

67.6

 

112.8

Equity attributable to Volkswagen AG shareholders and hybrid capital investors at Dec. 31

 

€ billion

 

188.3

 

182.3

 

175.0

 

165.4

 

144.4

Ratio of market capitalization to equity

 

factor

 

0.28

 

0.25

 

0.33

 

0.41

 

0.78

 

 

 

 

 

 

 

 

 

 

 

 

 

Key figures per share

 

 

 

2025

 

2024

 

20233

 

20224

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per ordinary share5

 

 

 

 

 

 

 

 

 

 

 

 

basic

 

 

13.29

 

21.36

 

31.79

 

29.66

 

29.59

diluted

 

 

13.29

 

21.36

 

31.79

 

29.66

 

29.59

Equity attributable to Volkswagen AG shareholders and hybrid capital investors at Dec. 31

 

 

375.58

 

363.65

 

349.03

 

329.90

 

288.15

Price/earnings ratio6

 

 

 

 

 

 

 

 

 

 

 

 

Ordinary share

 

factor

 

7.9

 

4.3

 

3.7

 

5.0

 

8.7

Preferred share

 

factor

 

7.8

 

4.2

 

3.5

 

3.9

 

6.0

Dividend yield7

 

 

 

 

 

 

 

 

 

 

 

 

Ordinary share

 

%

 

4.9

 

6.8

 

7.6

 

5.9

 

2.9

Preferred share

 

%

 

5.1

 

7.1

 

8.1

 

7.5

 

4.3

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock exchange turnover8

 

 

 

2025

 

2024

 

2023

 

2022

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

Turnover of Volkswagen ordinary shares

 

€ billion

 

1.6

 

2.0

 

1.4

 

2.7

 

6.1

 

 

million shares

 

16.6

 

18.3

 

10.2

 

13.5

 

23.3

Turnover of Volkswagen preferred shares

 

€ billion

 

26.6

 

27.7

 

31.4

 

44.9

 

58.8

 

 

million shares

 

275.7

 

263.7

 

263.2

 

302.2

 

300.4

Volkswagen share of total DAX turnover

 

%

 

2.6

 

3.5

 

4.1

 

4.7

 

6.6

1

Figures for the years 2021 to 2024 relate to dividends paid in the following year. For 2021, the figures exclude the special dividend due to the IPO of Porsche AG. For 2025, the figures relate to the proposed dividend.

2

Xetra prices.

3

The year 2023 has been adjusted.

4

The year 2022 has been adjusted.

5

For the calculation see “Earnings per share” in the notes to the consolidated financial statements.

6

Ratio of year-end-closing price to earnings per share.

7

Dividend per share based on the year-end-closing price.

8

Order book turnover on the Xetra electronic trading platform (Deutsche Börse).