Dräger share
—This page provides information on our shareholder structure, share charts, share indicators, dividends, analyst recommendations, and the employee share program.
Shareholder structure
—The capital stock is divided into common and preferred shares. As at the reporting date of December 31, 2025, 71.62% of the common shares were attributable to the Dräger family as defined by Deutsche Börse AG: 68.67% were held by Dr. Heinrich Dräger GmbH and a further 2.95% by members of the Dräger family. The remaining 28.38% were in free float. The free float of the non-voting preferred shares was 100%.
An analysis of the shareholder structure (common and preferred shares) of the shares held outside the Dräger family as at December 31, 2025 showed that institutional investors from the USA held around 29% of the free float of the share capital at that time. The proportion of institutional investors in Germany was around 16% and in the rest of Europe it was 13%. In the rest of the world they held around nine percent. The proportion of private investors worldwide was around 33% (mostly in Germany). Around one percent of shareholders could not be identified.
Shareholder structure in fiscal year 2025¹
¹ Common shares (excluding Dräger family shares) and preferred shares. As of December 31, 2025.
Ownership of common shares¹
¹ as of December 31, 2025
Share charts
—Share indicators
—Common shares | 2025 | 2024 | 2023 | 2022 | 2021 |
No. of shares as of the reporting date | 10,160,000 | 10,160,000 | 10,160,000 | 10,160,000 | 10,160,000 |
High (in €) | 64.60 | 47.70 | 47.30 | 54.20 | 78.90 |
Low (in €) | 39.30 | 40.10 | 36.40 | 34.00 | 49.70 |
Share price on the reporting date (in €) | 56.40 | 41.20 | 44.70 | 36.30 | 54.10 |
Annual share price development (in %) | 36.9 | -7.8 | 23.1 | -32.9 | -9.5 |
Average daily trading volume1 | 2,569 | 1,664 | 2.461 | 4,126 | 8,071 |
Dividend per share (in €) | 2.212 | 1.97 | 1.74 | 0.13 | 0.13 |
Dividend yield (in %) | 3.9 | 4.8 | 3.9 | 0.4 | 0.2 |
Earnings per common share on full distribution (in €)3 | 7.42 | 6.61 | 5.86 | -3.47 | 7.13 |
Preferred shares | 2025 | 2024 | 2023 | 2022 | 2021 |
No. of shares as of the reporting date | 8,600,000 | 8,600,000 | 8,600,000 | 8,600,000 | 8,600,000 |
High (in €) | 77.40 | 53.90 | 55.70 | 55.25 | 82.20 |
Low (in €) | 44.85 | 42.95 | 39.65 | 38.80 | 52,60 |
Share price on the reporting date (in €) | 69.40 | 46.50 | 51.80 | 41.75 | 55.25 |
Annual share price development (in %) | 49.2 | -10.2 | 24.1 | -24.4 | -12.0 |
Average daily trading volume1 | 13,163 | 8,657 | 12,269 | 22,319 | 46,773 |
Dividend per share (in €) | 2.272 | 2.03 | 1.80 | 0.19 | 0.19 |
Dividend yield (in %) | 3.3 | 4.4 | 3.5 | 0.5 | 0.3 |
Earnings per preferred share on full distribution (in €)3 | 7.48 | 6.67 | 5.92 | -3.41 | 7.19 |
Shares | 2025 | 2024 | 2023 | 2022 | 2021 |
Total distribution (in € thousand) | 41,976 | 37,473 | 33,158 | 3,6814 | 3,6814 |
Distribution rate (in %) | 30.12 | 30.1 | 30.0 | 5.74 | 2.44 |
Market capitalization | 1.169,864 | 818,492 | 899,632 | 727,858 | 1,024,806 |
1 All German stock exchanges (source: designated sponsor)
2 For the reporting year pending approval by the annual shareholders’ meeting
3 Based on an imputed actual full distribution of earnings attributable to shareholders
4 Including distribution to participation certificate holders (less taxes and minimum dividends)
Dividends
—Paying agent within the meaning of Sec. 48 (1) No. 4 WpHG is Commerzbank AG.
Year | 2025 | 2024 | 2023 | 2022 | 2021 |
Preferred share in € | 2.27 | 2.03 | 1.80 | 0.19 | 0.19 |
Common share in € | 2.21 | 1.97 | 1.74 | 0.13 | 0.13 |
Analyst recommendations
—Bank/firm | Analyst | Recommendation | Date |
AlphaValue | Jitisha Malhotra | sell | April 2026 |
Jefferies | Henrik Paganetty | hold | April 2026 |
Kepler Cheuvreux | Oliver Reinberg | buy | April 2026 |
mwb research | Harald Hof | buy | April 2026 |
Metzler | Alexander Neuberger | hold | March 2026 |
DZ Bank | Sven Kürten | hold | January 2026 |
M.M. Warburg | Christian Ehmann | buy | July 2025 |
Recommendations by category
Please note
To the best of our knowledge, the list includes the main sell-side analysts known to us who rate Dräger. Dräger cannot guarantee that the information provided includes all of the reports by market analysts.
The opinions, predictions, estimates, and forecasts expressed by the analysts in the list regarding Dräger’s performance only reflect the views of these analysts and do not represent the opinions, predictions, estimates, and forecasts of Dräger or the general partner, Drägerwerk AG & Co. KGaA. Dräger’s decision to publish the names of the analysts does not mean that the company endorses or agrees with their reports, conclusions, or recommendations. Dräger does not accept any liability for the accuracy of the presentation.
This list is purely for information purposes and is not an invitation to buy, hold, or sell securities.
Related topics
—
Investment in Dräger
Here you can find more information about our company profile, reasons to invest, our company goals, and our markets.

Financial calendar and publications
Here you will find current financial results and reports, as well as ad hoc announcements, capital market information and other financial publications.

Corporate Governance
Here you will find the declaration of compliance, notifications of proprietary transactions, and the articles of association of Drägerwerk AG & Co. KGaA.
Contact Dräger
—
