Rheinmetall vs Safran (RHM.DE vs SAF.PA)
Rheinmetall (RHM.DE) vs Safran (SAF.PA) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
Rheinmetall (RHM.DE) and Safran (SAF.PA) compete in aerospace and defence. Here are Rheinmetall and Safran side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Rheinmetall or Safran.
Rheinmetall vs Safran: the figures
| Figure | Rheinmetall | Safran |
|---|---|---|
| Share price | €1,003.40 (November 4, 2026) | €292.50 (November 4, 2026) |
| Market cap | €46.8 billion | €121.1 billion |
| P/E (TTM) | 39.0x | 31.4x |
| Forward P/E | 19.0x | 23.3x |
| Revenue growth (quarter) | +68.8% | +16.0% |
| Net margin (TTM) | 6.3% | 11.6% |
| Net debt / EBITDA | 1.2x | Net cash |
| Dividend yield | 1.15% | 1.18% |
| Beta | 0.45 | 0.93 |
Rheinmetall and Safran figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Rheinmetall or Safran figure is not available, and we never estimate it.
3 key differences between Rheinmetall and Safran
- Growth: Rheinmetall grew sales +68.8% year on year in its latest quarter, against +16.0% for Safran.
- Valuation: Rheinmetall trades at 39.0x its annual earnings and Safran at 31.4x; the market pays more for each dollar of Rheinmetall profit, usually because it expects more growth.
- Volatility: Safran stock moves more (beta 0.93) than Rheinmetall (beta 0.45); the higher the beta, the more it amplifies market swings.
Rheinmetall or Safran: which fits your profile
- If you want growth: Rheinmetall is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): Safran pays the higher dividend relative to its price.
- If you prefer caution: Safran has less debt relative to its profit, which usually gives more room in a bad year.
- If price is what matters most to you: Safran trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither Rheinmetall nor Safran wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How Rheinmetall and Safran make money
Rheinmetall (RHM.DE)
Rheinmetall makes defense equipment for armed forces, mainly in Europe and other NATO countries. It reports segments including Weapon and Ammunition (artillery shells and guns), Vehicle Systems (Boxer and Lynx armored vehicles and military trucks), Electronic Solutions (air defense and digital systems) and Power Systems, its civilian auto parts business. Full Rheinmetall analysis.
Safran (SAF.PA)
Safran reports three businesses: Propulsion, the largest, built around the LEAP and CFM engines it makes with GE for single-aisle jets, and especially the spare parts and servicing for them; Equipment & Defense, with landing gear, brakes and electrical systems; and Aircraft Interiors, including seats and cabins. Full Safran analysis.
Frequently asked questions: Rheinmetall vs Safran
Is Rheinmetall or Safran the better stock?
Choosing between Rheinmetall and Safran depends on what you are looking for. Rheinmetall is growing faster right now, and Safran trades on the lower P/E. Fintols does not tell you whether to buy Rheinmetall or Safran: it shows you the differences so you can decide.
Which pays a higher dividend, Rheinmetall or Safran?
As of November 4, 2026, Safran yields 1.18% and Rheinmetall yields 1.15%. Also check how much of their profit Rheinmetall and Safran pay out: if it is more than they earn, it cannot last.
Which is more expensive, Rheinmetall or Safran?
On P/E, Rheinmetall (39.0x) is more expensive than Safran (31.4x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both Rheinmetall and Safran?
Yes. Many people spread their money across several companies, such as Rheinmetall and Safran, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Rheinmetall or Safran.
More comparisons with Rheinmetall or Safran
More companies like Rheinmetall and Safran: aerospace and defence stocks. Educational content about Rheinmetall and Safran, not investment advice.