DB financial statements
The full income statement, balance sheet, and cash-flow statement for Deutsche Bank AG (DB), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 35.6B+4.4% | 34.1B+1.1% | 33.7B+18.3% | 28.5B-5.7% | 30.2B+10.3% | |
| Pre-tax income | 10.3B+41.5% | 7.25B-15.7% | 8.60B+50.1% | 5.73B+37.7% | 4.16B+263.9% | |
| Income tax | — | — | 1.63B+1544.0% | -113M-110.3% | 1.09B+144.9% | |
| — | — | 6.98B+19.4% | 5.84B+90.4% | 3.07B+339.9% | ||
| Net income to common | — | — | 6.85B+20.1% | 5.70B+96.7% | 2.90B+426.4% | |
| — | — | $3.00+22.7% | $2.44+112.7% | $1.15+1577.1% | ||
| EPS (basic) | — | — | $3.06+22.7% | $2.49+110.8% | $1.18+1629.0% | |
| Weighted-avg shares (basic) | — | — | 2.06B-1.0% | 2.08B-0.6% | 2.10B-0.6% | |
| Weighted-avg shares (diluted) | — | — | 2.10B-1.0% | 2.13B-0.8% | 2.14B-1.2% | |
| Dividends per share | — | $0.64+65.5% | $0.39+48.7% | $0.26 | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | — | — | 181B+2.0% | 177B-13.0% | 204B+6.0% | |
| 1.69T+17.1% | 1.45T-0.6% | 1.45T+1.1% | 1.44T-4.2% | 1.50T-7.9% | ||
| Property, plant & equipment | — | — | 6.83B+4.6% | 6.53B+4.2% | 6.27B-8.1% | |
| Goodwill | 3.22B+4.4% | 3.08B-2.1% | 3.15B+0.7% | 3.12B-1.7% | 3.18B-5.7% | |
| Total liabilities | — | — | 1.37T+0.7% | 1.36T-4.4% | 1.42T-8.4% | |
| 96.7B+13.7% | 85.1B+16.8% | 72.9B+10.2% | 66.1B+0.5% | 65.8B-2.3% | ||
| Total equity incl. non-controlling | 96.7B+13.7% | 85.1B+1.0% | 84.3B+9.2% | 77.2B+0.1% | 77.1B+0.8% | |
| Shares outstanding (cover) | 1.90B-2.2% | 1.95B-2.4% | 1.99B-2.2% | 2.04B-1.4% | 2.07B+0.0% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash from operations | — | — | 6.06B+372.7% | -2.22B+36.3% | -3.49B-110.0% | |
| Capital expenditure | — | — | 456M+28.7% | 355M-45.5% | 650M+11.4% | |
| Free cash flow | — | — | 5.61B+317.5% | -2.58B+37.8% | -4.14B-112.0% | |
| Acquisitions | — | — | 0.00 | 0.00 | 0.00 | |
| Long-term debt issued | — | — | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | — | — | 0.00 | 0.00 | 0.00 | |
| Common stock issued | — | — | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 1.83B+50.3% | 1.22B+31.4% | 927M+26.8% | 731M | 0.00 | |
| Dividends paid | — | 1.24B+61.6% | 768M+45.4% | 528M | 0.00 | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 73.4B+121.2% | 33.2B+20.1% | 27.6B+16.0% | 23.8B-7.8% | 25.8B+14.7% | |
| P/E | 10.5×+121.2% | 4.8×+0.6% | 4.7×-39.1% | 7.8×-7.8% | 8.4×-73.9% | |
| P/S | 2.1×+112.0% | 1.0×+0.3% | 1.0×+23.1% | 0.8×-7.8% | 0.9×+4.0% | |
| P/B | 0.8×+94.6% | 0.4×-6.7% | 0.4×+15.5% | 0.4×-7.8% | 0.4×+17.5% | |
| P/FCF | 13.1×+121.2% | 5.9× | — | — | — | |
| Earnings yield | 9.5%-54.8% | 21.0%-0.6% | 21.2%+64.1% | 12.9%+8.5% | 11.9%+283.4% | |
| FCF yield | 7.6%-54.8% | 16.9% | — | — | — | |
| Dividend yield | — | 3.7%+31.5% | 2.8%+26.4% | 2.2% | — | |
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
About this data
Source: DB’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all DB filings on SEC EDGAR → Not investment advice.