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thyssenkrupp Automotive Technology (Division of thyssenkrupp AG)
Manufacturer VerifiedGermany

thyssenkrupp Automotive Technology (Division of thyssenkrupp AG)

thyssenkrupp

thyssenkrupp Automotive Technology is the automotive metal-components powerhouse of German industrial giant thyssenkrupp AG, formed in the group's 1999 consolidation with roots reaching back into the 19th century, directed from Essen, Germany. The division generated €7.035 billion of revenue in FY2024/25 with 28,892 employees across roughly 90 forging and machining bases on four continents. It is the world's undisputed camshaft champion—producing over 30 million camshafts annually—alongside global leadership in steering columns, cold/hot-forged springs and stabilizers, crankshafts, and undercarriage metal components, all backed by the parent group's steel metallurgy research foundation.

Strengths: Camshaft world dominance at 30-million-unit annual scale with microstructure control few forges can replicate. German forging pedigree—cold and hot forging of springs, stabilizers, and steering shafts represents the industry's textbook standard, underpinned by thyssenkrupp steel R&D. Proven crisis management: the APEX efficiency program drove adjusted EBIT up 10% to €211 million in Q1 FY2025/26 even as revenue contracted. Four-continent production mesh making the division an indispensable hardware base for European, American, and Asian OEMs alike. Springs & stabilizers and undercarriage franchises that hold top-three global share in their niches.

Weaknesses: Revenue contraction of ~7% in FY2024/25 on weak customer call-offs and a shrinking plant-engineering business. Painful ICE restructuring—the Presta steering unit announced 1,800 job cuts as legacy steering-column demand fades, highlighting transition costs across the traditional portfolio.
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GermanyFounded 199928,892€7 B~90 forging and precision… / 100
Listed onXETRATKA
Last updated: October 2026·By VerityRank Research Team·Methodology

Listed market data

TKA · XETRA · weeklyHistory →
Market cap
$10 B
Share price
≈ EUR 16.07
1Y change
+13.9%
Recent change
-0.5%

10-22 → 10-23

Since first close
-1.8%

from 1999-03

Revenue (TTM)
$37.9 B
Revenue FY 2026 · updated 2026-10-23Source ↗

Financial history

Full market history
EUR 0$0EUR 4$2.5 BEUR 8$5.0 BEUR 11$7.5 BEUR 15$10.0 B2025-112025-122026-012026-022026-032026-042026-052026-062026-072026-082026-092026-10
MonthCloseMarket capChange
  • 2026-10EUR 14.31$8.9 B0.0%
  • 2026-09EUR 14.31$8.9 B-2.5%
  • 2026-08EUR 14.66$9.1 B+1.5%
  • 2026-07EUR 14.45$9 B+20.2%
  • 2026-06EUR 12.03$7.5 B+16.2%
  • 2026-05EUR 10.35$6.4 B-11.9%
  • 2026-04EUR 11.74$7.3 B+15.6%
  • 2026-03EUR 10.16$6.3 B+36.2%
  • 2026-02EUR 7.46$4.6 B-29.1%
  • 2026-01EUR 10.52$6.5 B-6.4%
  • 2025-12EUR 11.25$7 B+20.4%
  • 2025-11EUR 9.34$5.8 B—
Monthly closes · 2025-11 – 2026-10 · Full market history

In the press

All coverage →5 latest headlines1
Headlines aggregated from public feeds. Sentiment tags are keyword-based, not editorial judgement.

Core Business

thyssenkrupp Automotive Technology concentrates the automotive metalworking DNA of one of Europe's great industrial houses. Its FY2024/25 revenue of €7.035 billion flows from camshafts (global #1 at 30+ million units a year), steering columns via Presta, forged springs and stabilizers, crankshafts, and undercarriage components—categories where German forging discipline and thyssenkrupp steel metallurgy translate directly into microstructure quality rivals struggle to match. The division anchors the parent group's Automotive Technology segment and supplies virtually every major OEM across combustion, hybrid, and electric platforms.

Global Presence

Headquartered in Essen, the division runs approximately 90 production bases across four continents with 28,892 employees—forging and machining clusters in Germany, Hungary, Poland, Spain, and Liechtenstein-rooted Presta operations, mirrored by plants in China, India, Brazil, Mexico, and the United States. This footprint delivers regionally balanced supply to European premium brands, American truck programs, and Asian volume OEMs simultaneously, while shared metallurgical standards keep component properties identical across continents.

Key Strengths

Scale leadership in camshafts and springs gives thyssenkrupp pricing resilience even in down-cycles, and its rotor-shaft technology transfers forging know-how directly into electric-motor hardware—a genuine ICE-to-EV bridge. The APEX efficiency program proved its worth with adjusted EBIT climbing 10% to €211 million in Q1 FY2025/26 despite soft volumes, showcasing cost discipline. Parent-group steel research provides alloy development depth unavailable to independent forges, and the four-continent asset base constitutes a hard-to-replicate hardware foundation for global OEMs.

Challenges & Outlook

The division faces a ~7% revenue decline driven by weak call-offs and contraction in plant-engineering activities, while the Presta steering restructuring—1,800 positions to be cut—underscores the cost of migrating legacy ICE capacity. Group-level portfolio reshaping at thyssenkrupp AG adds strategic uncertainty. Still, with camshaft cash flows funding rotor-shaft and lightweight-forging expansion, and APEX savings compounding, the division is engineering a controlled transition that should stabilize margins through FY2026/27.

VerityRank Score: 89/100

Quick Facts

Headquarters

Essen, North Rhine-Westphalia, Germany

Founded

1999

Employees

28,892

Revenue

€7 B (FY2024/25)

Market cap

$10 B

Factories

~90 forging and precision machining production bases

Presence

Four continents across ~20 automotive manufacturing countries

Categories

13 categories · scroll for more

Related

Data Sources & Methodology

This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.

VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.

Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.

Key references: Official Website Parent thyssenkrupp AG — FWB: TKA , thyssenkrupp Automotive Technology Official Website
thyssenkrupp AG (FWB: TKA) – Parent Stock Profile
thyssenkrupp Investor Relations
thyssenkrupp – Wikipedia