Hornbach has significant competitive advantage in the DIY industry, especially in Germany, benefiting from strong brand awareness and a broad network of stores enabling it to serve a large customer base. The company is pursuing a 5-7% annual revenue growth strategy with focus on omnichannel integration and optimization of online and offline distribution channels.
Cyborg Score Rationale
In 2024, revenue was €5.85 billion (up 1.16%) with earnings of €115.34 million (up 54.81%). The EBIT margin of 5.2% demonstrates solid profitability with efficient operations. However, GuruFocus has flagged warning signs affecting confidence.
Top Insights
Dividend yield estimated at approximately 3.5% for 2026, considered attractive compared to other companies in the industry
Continuous investment in digitalization and expansion of online business has allowed Hornbach to differentiate itself from traditional competitors
Hornbach Baumarkt AG is a subsidiary of Hornbach Holding AG & Co. KGaA
Production primarily in Germany with facilities in Austria, Romania, and Sweden enabling optimized logistics costs and reduced delivery times supporting supply chain efficiency
Named Competitors
OBI — German DIY and home improvement retail chain
Brico Depot — European home improvement retail operator
Leroy Merlin — European home improvement retail chain
Recent Developments
(Jan 2025) HORNBACH received investment grade rating from Scope Ratings
(May 2025) Group achieved sales and earnings growth continuing to increase market share
(June 2025) Q1 2025/26 showed increased sales and earnings
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