BKW (BKW.SW) Stock Price

BKW Price

SIX·CLOSED
134.90CHF+0.40 (+0.30 %)
Market closed

Over the last 19 years BKW grew revenue by 3.2% annually, reaching 4.20 B CHF. Earnings per share have grown at 0.4% per year over the last 19 years. For BKW, the net margin of 8.5% is broadly stable versus 9.0% a few years ago. At today's price the dividend yield works out to roughly 2.74%. The payout ratio is around 55% of earnings. The dividend has grown at 2.1% per year over the past 19 years. The consensus 12-month price target for BKW is 169.32 CHF, about 25.5% above where the stock trades today. Of 10 analysts, 1 rate the stock a buy — an overall Sell consensus. The stock trades about 3% above its 52-week low.

BKW stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of BKW over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how BKW stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing BKW's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

BKW Stock Price History
DateBKW Price
7/30/2026134.90 CHF
7/29/2026134.50 CHF
7/28/2026135.80 CHF
7/27/2026135.70 CHF
7/24/2026136.10 CHF
7/23/2026138.80 CHF
7/22/2026138.70 CHF
7/21/2026137.30 CHF
7/20/2026138.30 CHF
7/17/2026136.30 CHF
7/16/2026134.60 CHF
7/15/2026136.80 CHF
7/14/2026135.70 CHF
7/13/2026133.20 CHF
7/10/2026132.50 CHF
7/9/2026131.90 CHF
7/8/2026131.00 CHF
7/7/2026131.10 CHF
7/6/2026131.50 CHF
7/3/2026133.30 CHF
7/2/2026134.30 CHF
7/1/2026133.20 CHF
6/30/2026136.30 CHF
6/29/2026136.10 CHF
6/26/2026137.60 CHF
6/25/2026138.60 CHF
6/24/2026136.20 CHF
6/23/2026137.70 CHF
6/22/2026136.00 CHF
6/19/2026135.80 CHF
6/18/2026135.20 CHF
6/17/2026137.00 CHF
6/16/2026137.20 CHF
6/15/2026140.60 CHF
6/12/2026139.30 CHF
6/11/2026140.10 CHF
6/10/2026144.70 CHF
6/9/2026144.90 CHF
6/8/2026143.20 CHF
6/5/2026147.60 CHF
6/4/2026148.00 CHF
6/3/2026148.40 CHF
6/2/2026149.30 CHF
6/1/2026149.30 CHF
5/29/2026147.10 CHF
5/28/2026147.00 CHF
5/27/2026149.20 CHF
5/26/2026149.00 CHF
5/22/2026148.60 CHF
5/21/2026149.20 CHF
5/20/2026147.90 CHF
5/19/2026149.50 CHF
5/18/2026149.40 CHF
5/15/2026149.70 CHF
5/13/2026149.20 CHF
5/12/2026150.90 CHF
5/11/2026151.80 CHF
5/8/2026151.20 CHF
5/7/2026152.90 CHF
5/6/2026154.20 CHF
5/5/2026155.20 CHF
5/4/2026155.50 CHF
4/30/2026156.20 CHF
4/29/2026156.80 CHF
4/28/2026160.30 CHF
4/27/2026159.50 CHF
4/24/2026159.70 CHF
4/23/2026158.80 CHF
4/22/2026159.70 CHF
4/21/2026157.80 CHF
4/20/2026157.30 CHF
4/17/2026157.60 CHF
4/16/2026158.50 CHF
4/15/2026158.30 CHF
4/14/2026158.50 CHF
4/13/2026157.80 CHF
4/10/2026158.60 CHF
4/9/2026159.80 CHF
4/8/2026160.20 CHF
4/7/2026160.40 CHF
4/2/2026161.10 CHF
4/1/2026157.50 CHF
3/31/2026156.20 CHF
3/30/2026155.00 CHF
3/27/2026150.60 CHF
3/26/2026151.10 CHF
3/25/2026151.70 CHF
3/24/2026150.50 CHF
3/23/2026148.50 CHF
3/20/2026151.10 CHF
3/19/2026153.20 CHF
3/18/2026152.10 CHF
3/17/2026153.20 CHF
3/16/2026149.80 CHF
3/13/2026150.50 CHF
3/12/2026152.40 CHF
3/11/2026149.50 CHF
3/10/2026149.00 CHF
3/9/2026147.40 CHF
3/6/2026145.10 CHF
3/5/2026147.50 CHF
2/27/2026149.50 CHF
2/26/2026148.55 CHF
2/25/2026146.50 CHF
2/23/2026145.37 CHF
2/20/2026146.50 CHF
2/19/2026151.30 CHF
2/18/2026151.30 CHF
2/17/2026147.50 CHF
2/16/2026146.80 CHF
2/13/2026147.93 CHF
2/12/2026150.90 CHF
2/11/2026150.41 CHF
2/10/2026148.30 CHF
2/9/2026148.29 CHF
2/6/2026145.90 CHF
2/5/2026145.20 CHF
2/4/2026144.71 CHF
2/3/2026145.50 CHF
2/2/2026145.90 CHF
1/30/2026147.60 CHF
1/29/2026146.33 CHF
1/28/2026150.71 CHF
1/27/2026153.75 CHF
1/26/2026156.50 CHF
1/23/2026156.70 CHF
1/22/2026157.20 CHF
1/21/2026156.55 CHF
1/20/2026156.39 CHF
1/19/2026177.42 CHF
1/17/2026179.30 CHF
1/15/2026176.27 CHF
1/14/2026173.51 CHF
1/13/2026172.69 CHF
1/12/2026173.92 CHF
1/9/2026174.68 CHF
1/8/2026175.40 CHF
1/7/2026173.30 CHF
1/6/2026172.93 CHF
1/5/2026172.84 CHF
1/2/2026168.09 CHF
12/30/2025168.32 CHF
12/29/2025167.66 CHF
12/24/2025168.50 CHF
12/23/2025168.54 CHF
12/22/2025166.79 CHF
12/19/2025169.35 CHF
12/18/2025167.20 CHF
12/17/2025167.17 CHF
12/16/2025166.71 CHF
12/15/2025167.30 CHF
12/12/2025165.59 CHF
12/11/2025164.18 CHF
12/10/2025165.85 CHF
12/9/2025167.52 CHF
12/8/2025166.25 CHF
12/5/2025166.58 CHF
12/4/2025167.67 CHF
12/3/2025165.95 CHF
12/2/2025166.88 CHF
12/1/2025166.67 CHF
11/28/2025167.52 CHF
11/27/2025166.45 CHF
11/26/2025166.10 CHF
11/25/2025166.80 CHF
11/24/2025166.79 CHF
11/21/2025164.03 CHF
11/20/2025165.10 CHF
11/19/2025165.32 CHF
11/18/2025165.11 CHF
11/17/2025166.59 CHF
11/14/2025165.40 CHF
11/13/2025167.70 CHF
11/12/2025168.00 CHF
11/11/2025169.00 CHF
11/10/2025169.63 CHF
11/7/2025167.95 CHF
11/6/2025177.50 CHF
11/5/2025177.27 CHF
11/4/2025178.59 CHF
11/3/2025180.90 CHF
10/31/2025180.80 CHF
10/30/2025179.73 CHF
10/28/2025180.06 CHF
10/27/2025182.40 CHF
10/24/2025181.56 CHF
10/23/2025183.25 CHF
10/22/2025181.17 CHF
10/21/2025181.07 CHF
10/20/2025181.20 CHF
10/17/2025180.28 CHF
10/16/2025179.40 CHF
10/15/2025178.20 CHF
10/14/2025176.60 CHF
10/13/2025175.30 CHF
10/10/2025176.00 CHF
10/9/2025176.20 CHF
10/8/2025174.10 CHF
10/7/2025173.70 CHF
10/6/2025171.70 CHF
10/3/2025169.80 CHF
10/2/2025169.60 CHF
10/1/2025169.90 CHF
9/29/2025168.60 CHF
9/26/2025167.30 CHF
9/25/2025167.80 CHF
9/24/2025167.60 CHF
9/23/2025166.12 CHF
9/22/2025164.60 CHF
9/19/2025162.08 CHF
9/18/2025162.30 CHF
9/17/2025163.22 CHF
9/16/2025165.21 CHF
9/15/2025166.10 CHF
9/12/2025164.50 CHF
9/11/2025163.87 CHF
9/10/2025163.68 CHF
9/9/2025163.32 CHF
9/8/2025163.28 CHF
9/5/2025163.40 CHF
9/4/2025162.50 CHF
9/3/2025160.68 CHF
9/2/2025162.02 CHF
9/1/2025164.00 CHF
8/29/2025167.26 CHF
8/28/2025167.10 CHF
8/27/2025168.99 CHF
8/26/2025169.76 CHF
8/25/2025169.84 CHF
8/22/2025171.51 CHF
8/21/2025168.86 CHF
8/20/2025180.66 CHF
8/19/2025178.81 CHF
8/18/2025178.85 CHF
8/15/2025181.20 CHF
8/14/2025180.90 CHF
8/13/2025180.95 CHF
8/12/2025180.19 CHF
8/11/2025180.20 CHF
8/8/2025180.90 CHF
8/7/2025180.63 CHF
8/6/2025181.70 CHF
8/5/2025182.90 CHF
8/4/2025184.20 CHF
Access this data via the Eulerpool API

BKW Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
4.43 B CHF
620.30 M CHF
478.00 M CHF
Jan 1, 2024
4.55 B CHF
658.40 M CHF
622.20 M CHF
Jan 1, 2025
4.20 B CHF
272.40 M CHF
356.80 M CHF
Jan 1, 2026 (e)
4.58 B CHF
620.63 M CHF
498.03 M CHF
Jan 1, 2027 (e)
4.42 B CHF
599.93 M CHF
415.96 M CHF
Jan 1, 2028 (e)
4.58 B CHF
622.47 M CHF
437.42 M CHF
Jan 1, 2029 (e)
5.25 B CHF
712.79 M CHF
555.67 M CHF
Jan 1, 2030 (e)
5.51 B CHF
748.40 M CHF
656.37 M CHF

BKW Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 1, 2026, 10:43 AM
 
REVENUEB CHF
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB CHF
EBITM CHF
EBIT MARGIN%
NET INCOMEM CHF
NET INCOME GROWTH%
DIV.CHF
DIV. GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
2.592.372.412.602.712.943.385.064.434.554.204.584.424.585.255.51
-6.87-8.721.997.794.238.3015.1649.82-12.482.62-7.638.90-3.503.8114.514.99
41.9147.7451.0850.5419.9317.8913.5223.3050.5052.8614.0714.0714.0714.0714.0714.07
1.091.131.231.310.540.530.461.182.242.400.590.640.620.640.740.78
334.00423.00381.00338.00338.00317.00240.00914.00620.00658.00272.00620.00599.00622.00712.00748.00
12.8917.8915.8013.0012.4710.807.1018.0513.9914.476.4713.5513.5713.5713.5713.58
276.00311.00251.00186.00391.00361.00304.00550.00478.00622.00356.00498.00415.00437.00555.00656.00
-4.1712.68-19.29-25.90110.22-7.67-15.7980.92-13.0930.13-42.7739.89-16.675.3027.0018.20
1.601.601.601.801.802.202.402.603.403.704.274.945.70
33.3312.5022.229.098.338.8215.4115.6915.38
53.1453.2952.7352.8252.7852.7652.7752.7852.7852.7652.7752.7752.7752.7752.7752.77
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales BKW generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue BKW retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare BKW's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares BKW has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against BKW's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

BKW stock margins

The BKW margin analysis displays the gross margin, EBIT margin, as well as the profit margin of BKW. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for BKW.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
13.54 %
7.11 %
9.01 %
Jan 1, 2022
23.30 %
18.06 %
10.86 %
Jan 1, 2023
50.49 %
13.99 %
10.78 %
Jan 1, 2024
52.86 %
14.47 %
13.68 %
Jan 1, 2025
14.07 %
6.48 %
8.49 %
Jan 1, 2026 (e)
14.07 %
13.57 %
10.89 %
Jan 1, 2027 (e)
14.07 %
13.59 %
9.42 %
Jan 1, 2028 (e)
14.07 %
13.58 %
9.54 %

BKW Stock Revenue, EBIT, Earnings per Share

The BKW earnings per share therefore indicates how much revenue BKW has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
64.05 CHF
4.55 CHF
5.77 CHF
Jan 1, 2022
95.95 CHF
17.33 CHF
10.42 CHF
Jan 1, 2023
83.98 CHF
11.75 CHF
9.06 CHF
Jan 1, 2024
86.21 CHF
12.48 CHF
11.79 CHF
Jan 1, 2025
79.61 CHF
5.16 CHF
6.76 CHF
Jan 1, 2026 (e)
86.78 CHF
11.76 CHF
9.45 CHF
Jan 1, 2027 (e)
83.76 CHF
11.37 CHF
7.89 CHF
Jan 1, 2028 (e)
86.93 CHF
11.80 CHF
8.30 CHF

BKW business model & stock analysis

The BKW AG, formerly known as "Berner Kraftwerke", is a leading Swiss energy and infrastructure company, operating in the field of power generation and supply. Founded in 1897 as the Ostermundigen Electricity Works, the company has since become an important player in the Swiss energy sector. The company operates multiple power plants throughout Switzerland, including hydro and nuclear power plants. However, BKW's core competence lies in the production of renewable energy. The company operates a growing number of wind and solar power plants and is a key player in the renewable energy market. Another important business area for BKW is energy supply. The company is involved in network and distribution activities, supplying electricity to both private and commercial customers. The focus is on supplying rural areas and communities that are often difficult to access and therefore present special challenges in terms of power supply. BKW is also active in energy efficiency consulting and energy management. The company provides comprehensive advice to customers in all areas of energy efficiency, from building renovation to the optimization of production processes and the use of renewable energy. An important part of BKW's business model is the promotion of innovation projects. The company works closely with universities, research institutions, and other companies to develop and implement innovative solutions in the field of renewable energy and energy efficiency. BKW offers a wide range of products. In addition to electricity supply, the company also provides services in the field of heat supply and network infrastructures. Furthermore, BKW is involved in equipment and machinery rental, as well as the brokerage of energy trading agreements. Sustainability is another important topic for BKW. The company aims to be climate-neutral by 2025 and therefore invests heavily in renewable energy and energy efficiency. BKW is also engaged in numerous projects to promote sustainability and environmental protection and places great importance on implementing waste prevention and circular economy measures. Overall, BKW is a diversified company that is involved in many different business areas. While the production and supply of renewable energy are at the forefront, BKW also operates network infrastructures and offers consultancy services in the field of energy efficiency. Sustainability is highly valued at BKW, and the company actively advocates for environmental protection. Translate the passage back into German: Die BKW AG, früher bekannt unter dem Namen "Berner Kraftwerke", ist ein führendes Schweizer Energie- und Infrastrukturunternehmen, das im Bereich der Stromerzeugung und -versorgung tätig ist. 1897 als Elektrizitätswerk von Ostermundigen gegründet, ist das Unternehmen heute ein wichtiger Akteur im Schweizer Energiesektor. Das Unternehmen betreibt mehrere Kraftwerke in der ganzen Schweiz, darunter Wasserkraft- und Kernkraftwerke. Die Hauptkompetenz von BKW liegt jedoch in der Produktion erneuerbarer Energien. Das Unternehmen betreibt eine wachsende Anzahl von Wind- und Solarkraftwerken und ist ein wichtiger Player im Markt für erneuerbare Energien. Ein weiteres wichtiges Geschäftsfeld für BKW ist die Energieversorgung. Das Unternehmen ist im Netz- und Vertriebsbereich tätig und liefert Strom sowohl an Privat- als auch an Geschäftskunden. Der Fokus liegt dabei auf der Versorgung ländlicher Gebiete und Gemeinden, die oft schwer zugänglich sind und daher besondere Herausforderungen bei der Stromversorgung darstellen. BKW ist auch in der Energieeffizienzberatung und im Energiemanagement tätig. Das Unternehmen bietet seinen Kunden umfassende Beratung in allen Bereichen der Energieeffizienz, von Gebäudesanierungen über die Optimierung von Produktionsprozessen bis hin zur Nutzung erneuerbarer Energien. Ein wichtiges Element des Geschäftsmodells von BKW ist die Förderung von Innovationsprojekten. Das Unternehmen arbeitet eng mit Universitäten, Forschungseinrichtungen und anderen Unternehmen zusammen, um innovative Lösungen im Bereich erneuerbarer Energien und Energieeffizienz zu entwickeln und umzusetzen. Die Produktpalette von BKW ist sehr vielfältig. Neben der Stromversorgung bietet das Unternehmen auch Dienstleistungen im Bereich der Wärmeversorgung und Netzinfrastrukturen an. Außerdem ist BKW in der Vermietung von Geräten und Maschinen sowie in der Vermittlung von Energiehandelsabkommen tätig. Ein weiteres wichtiges Thema für BKW ist die Nachhaltigkeit. Das Unternehmen hat sich das Ziel gesetzt, bis 2025 klimaneutral zu sein und investiert daher stark in erneuerbare Energien und Energieeffizienz. BKW engagiert sich auch in zahlreichen Projekten zur Förderung von Nachhaltigkeit und Umweltschutz und legt großen Wert auf Maßnahmen zur Abfallvermeidung und Kreislaufwirtschaft. Insgesamt ist BKW ein breit aufgestelltes Unternehmen, das in vielen verschiedenen Geschäftsfeldern aktiv ist. Die Produktion und Versorgung erneuerbarer Energien steht dabei im Mittelpunkt, aber auch Netzinfrastrukturen und Beratungsdienste im Bereich Energieeffizienz gehören zum Portfolio von BKW. Nachhaltigkeit hat einen hohen Stellenwert bei BKW und das Unternehmen setzt sich aktiv für Umweltschutz ein.

BKW SWOT Analysis

Strengths

One of the key strengths of BKW AG is its strong market position in the energy industry.

Another strength is the company's diverse portfolio, which includes a wide range of renewable energy sources.

BKW AG has a strong brand reputation and customer loyalty due to its commitment to sustainability and high-quality service.

The company benefits from a solid financial position and stable cash flow, enabling it to invest in new projects and technologies.

Weaknesses

One weakness of BKW AG is its dependency on government regulations and policies affecting the energy industry.

Another weakness is the company's limited international presence, which could hinder its growth potential.

BKW AG relies heavily on external suppliers for certain components and resources, making it vulnerable to supply chain disruptions.

The company faces challenges in managing the transition from traditional energy sources to renewable energy sources.

Opportunities

One major opportunity for BKW AG is the increasing global demand for renewable energy solutions, which can drive its growth.

The company can expand its market presence by leveraging emerging technologies and innovative solutions in the energy sector.

BKW AG has the opportunity to collaborate with other industry players and form strategic partnerships to strengthen its capabilities.

Government initiatives and incentives aimed at promoting clean energy present favorable opportunities for BKW AG to expand its operations.

Threats

One of the threats BKW AG faces is intense competition within the energy industry, which can potentially impact its market share.

The company is susceptible to changes in energy policies and regulations, which can affect its operations and profitability.

BKW AG may face challenges in attracting and retaining skilled workforce due to the increasing demand for professionals in the renewable energy sector.

The company is exposed to potential risks related to environmental factors, such as climate change and natural disasters, which can disrupt its operations.

BKW Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

BKW historical P/E ratio, EBIT multiple, and P/S ratio

BKW annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

BKW shares outstanding

The number of shares of BKW was 52.77 M in 2025. This indicates how many shares BKW is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
52.77 M Stocks
Jan 1, 2022
52.78 M Stocks
Jan 1, 2023
52.78 M Stocks
Jan 1, 2024
52.76 M Stocks
Jan 1, 2025
52.77 M Stocks
Jan 1, 2026 (e)
52.77 M Stocks
Jan 1, 2027 (e)
52.77 M Stocks
Jan 1, 2028 (e)
52.77 M Stocks

BKW stock splits

In BKW's history, there have been no stock splits.

BKW Dividend History

36 years of dividend payments · 2 consecutive increases

YearAnnual DividendYoY ChangePayments
20253.70CHF 8.8%
May 2, 20253.70CHF 8.8%1/1
20243.40CHF 172.0%
20231.25CHF 51.9%
20222.60CHF 8.3%
20212.40CHF 9.1%
20202.20CHF 22.2%
20191.80CHF 0.0%
20181.80CHF 12.5%
20171.60CHF 0.0%
20161.60CHF 0.0%

BKW dividend history and estimates

In 2025, BKW paid a dividend amounting to 3.70 CHF. Dividend means that BKW distributes a portion of its profits to its owners.
  • 3 Years

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Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2021
2.40 CHF
0.00 CHF
0.00 CHF
Jan 1, 2022
2.60 CHF
0.00 CHF
0.00 CHF
Jan 1, 2023 (e)
1.25 CHF
0.00 CHF
1.25 CHF
Jan 1, 2024
3.40 CHF
0.00 CHF
0.00 CHF
Jan 1, 2025
3.70 CHF
0.00 CHF
0.00 CHF
Jan 1, 2026 (e)
0.00 CHF
4.27 CHF
0.00 CHF
Jan 1, 2027 (e)
0.00 CHF
4.94 CHF
0.00 CHF
Jan 1, 2028 (e)
0.00 CHF
5.70 CHF
0.00 CHF

BKW dividend payout ratio

In 2025, BKW had a payout ratio of 54.72%. The payout ratio indicates the percentage of the company's profits that BKW distributes as dividends.
  • 3 Years

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  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
41.58 %
Jan 1, 2022
24.94 %
Jan 1, 2023
13.80 %
Jan 1, 2024
28.83 %
Jan 1, 2025
54.72 %
Jan 1, 2026 (e)
45.24 %
Jan 1, 2027 (e)
62.56 %
Jan 1, 2028 (e)
68.71 %

Current BKW forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
10.00 % (1)
Hold
30.00 % (3)
Sell
60.00 % (6)
12M Price Target
169.32
Last Price
133.90
Currency
CHF
12M Return Potential
26.45 %
LTM Return
0 %

EESG©

Eulerpool ESG Scorecard© for the BKW stock

82/100
86
Environment
84
Social
77
Governance
E

Environment

20
Scope 1 - Direct Emissions48,000
Scope 2 - Indirect emissions from purchased energy2,800
Scope 3 - Indirect emissions within the value chain429,600
Total CO₂ emissions50,800
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees22
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

BKW shareholder structure

% Name
3.00371%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
1.21959%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
1.08391%
Zürcher Kantonalbank (Asset Management)
Zürcher Kantonalbank (Asset Management)
0.72579%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
0.72441%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
0.70731%
UBS Asset Management (Switzerland)
UBS Asset Management (Switzerland)
...

BKW Beneficial Ownership Filings (SEC 13D/G)

Free Float
37.4%
Float Shares
-
Shares Outstanding
-

BKW Executives and Management Board

RI

Mr. Robert Itschner

(59)

Chief Executive Officer, Member of the Executive Board

Compensation1.59 M CHF
RB

Mr. Roger Baillod

(67)

Non-Executive Independent Chairman of the Board · since 2013

Compensation441,000.00 CHF
CA

Dr. Carole Ackermann

(55)

Non-Executive Independent Director

Compensation165,000.00 CHF
AR

Mr. Andreas Rickenbacher

(57)

Non-Executive Independent Deputy Chairman of the Board

Compensation160,000.00 CHF
RF

Ms. Rebecca Guntern Fluckiger

(53)

Non-Executive Independent Director

Compensation138,000.00 CHF

Frequently asked questions about BKW

The business model of BKW AG is centered around the production, distribution, and sale of energy. As a leading Swiss energy company, BKW focuses on four core areas: production, grids, customers, and digitalization. BKW generates energy through various sources such as hydroelectric, nuclear, and thermal power plants. They also operate and maintain power grids to ensure reliable energy transmission. With a customer-centric approach, BKW supplies energy services to residential, commercial, and industrial customers. Additionally, the company invests in digital solutions to optimize their operations and enhance energy efficiency. BKW AG is committed to sustainable energy production and plays a vital role in shaping Switzerland's energy landscape.

All fundamentals and in-depth analysis of BKW

Our stock analysis for BKW stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of BKW. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.