About Krones AG (KRN)
Krones AG is a Specialty Industrial Machinery company operating in the Industrials sector. The company is headquartered in Neutraubling, Germany. KRN has been publicly traded since 1998, giving it 28+ years of trading history.
Krones AG (KRN) has been publicly traded since 1998, making it a 28-year-old public company. It operates in the Specialty Industrial Machinery industry within the Industrials sector. The company is headquartered in Neutraubling, Germany and employs approximately 21,133 people. With a market capitalization of €3.8 billion, KRN is a mid-sized company with growth potential.
KRN trades on the German stock exchanges (XETRA/Frankfurt) and is classified as a mid-cap-cap stock with a market capitalization of approximately €3.8 billion. The company employs approximately 21,133 people worldwide.
Key Statistics
- Current Price
- €121.00
- Market Cap
- €3.82B
- 52-Week High
- €145.60
- 52-Week Low
- €100.20
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
KRN Investment Performance
KRN has declined 10.9% year-to-date in 2026. Over the past 5 years, a €1,000 investment in KRN would have grown to €1,875, representing a 87.5% total return. Since its IPO in 1998, a €1,000 investment would now be worth €23,114.
€1,000 Invested in Krones AG (KRN)
How much would €1,000 invested in KRN be worth today?
What would €1,000 invested in KRN 1 year ago be worth today?
A €1,000 investment in Krones AG (KRN) in 2025 would be worth €983 as of March 2026, representing a -1.7% total return.
What would €1,000 invested in KRN 3 years ago be worth today?
A €1,000 investment in Krones AG (KRN) in 2023 would be worth €1,173 as of March 2026, representing a +17.3% total return.
What would €1,000 invested in KRN 5 years ago be worth today?
A €1,000 investment in Krones AG (KRN) in 2021 would be worth €1,875 as of March 2026, representing a +87.5% total return.
What would €1,000 invested in KRN 10 years ago be worth today?
A €1,000 investment in Krones AG (KRN) in 2016 would be worth €1,331 as of March 2026, representing a +33.1% total return.
What would €1,000 invested in KRN at IPO be worth today?
A €1,000 investment in Krones AG (KRN) at IPO would be worth €23,114 as of March 2026, representing a +2211.4% total return.
Monthly Returns Heatmap
Over the past 27+ years (328 months), Krones AG (KRN) has averaged a monthly return of +1.28% with a median return of +1.02%. The stock had 176 positive months (54%) and 143 negative months (44%). The best month in KRN's history was November 2020 with a +25.3% return, while the worst was September 2008 at -30.2%. Historically, April tends to be the strongest month (averaging +5.2%), and August the weakest (-1.3%).
KRN's longest winning streak was 8 consecutive months of gains, while its longest losing streak was 7 consecutive months of losses. The best full year was 2003 with a cumulative return of +53.5%, and the worst was 2008 at -49.2%.
Annual Returns
Over 28 years of trading history, Krones AG (KRN) has delivered an average annual return of +15.10% with a median return of +16.11%. The compound annual growth rate (CAGR) is +11.62%. The stock posted gains in 21 years (75%) and losses in 7 years (25%).
KRN's best year was 2003 with a +64.48% gain, while the worst was 2008 at -42.83%. The longest streak of consecutive positive years was 5, and the longest losing streak was 1 years. KRN achieved double-digit gains (10%+) in 16 years. It suffered double-digit losses in 6 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -10.90% | €135.80 | €121.00 |
| 2025 | +15.47% | €117.61 | €135.80 |
| 2024 | +9.04% | €107.85 | €117.61 |
| 2023 | +8.23% | €99.65 | €107.85 |
| 2022 | +11.35% | €89.49 | €99.65 |
| 2021 | +45.31% | €61.59 | €89.49 |
| 2020 | -0.81% | €62.09 | €61.59 |
| 2019 | +2.45% | €60.61 | €62.09 |
| 2018 | -40.19% | €101.33 | €60.61 |
| 2017 | +33.70% | €75.79 | €101.33 |
| 2016 | -20.03% | €94.77 | €75.79 |
| 2015 | +38.44% | €68.46 | €94.77 |
| 2014 | +32.92% | €51.50 | €68.46 |
| 2013 | +34.61% | €38.26 | €51.50 |
| 2012 | +29.90% | €29.45 | €38.26 |
| 2011 | -21.10% | €37.33 | €29.45 |
| 2010 | +32.25% | €28.23 | €37.33 |
| 2009 | +16.75% | €24.18 | €28.23 |
| 2008 | -42.83% | €42.29 | €24.18 |
| 2007 | +43.71% | €29.43 | €42.29 |
| 2006 | +41.05% | €20.86 | €29.43 |
| 2005 | +1.61% | €20.53 | €20.86 |
| 2004 | +41.20% | €14.54 | €20.53 |
| 2003 | +64.48% | €8.84 | €14.54 |
| 2002 | -12.39% | €10.09 | €8.84 |
| 2001 | +42.46% | €7.08 | €10.09 |
| 2000 | +20.37% | €5.88 | €7.08 |
| 1999 | +5.61% | €5.57 | €5.88 |
KRN Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating Krones AG as an investment
Valuation
KRN currently trades at a trailing P/E ratio of 13.2, which is considered low relative to the broader market. The forward P/E of 11.6 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 1.9. The price-to-sales ratio is 0.7.
Dividends
Krones AG pays a dividend to shareholders with a current yield of 2.15%. This translates to €2.60 per share annually. The payout ratio of 28% indicates sustainable dividend coverage.
Risk & Volatility
KRN has a beta of 0.91, indicating it is similarly volatile to the overall market. The stock's 52-week range is €100.20 to €145.60, and it currently trades in the lower half of its 52-week range.
Analyst Ratings
Based on 9 analyst opinions, KRN has a consensus "buy" rating. The average price target of €151.11 suggests 24.9% upside from current levels.
Frequently Asked Questions: KRN
What sector is KRN in? ▼
KRN operates in the Industrials sector, specifically in the Specialty Industrial Machinery industry.
How has KRN performed historically? ▼
Over 28 years of trading history, KRN has posted gains in 21 years (75% of the time). The best year was 2003 with a +64.5% return. Past performance does not guarantee future results.
How can I invest in KRN? ▼
You can invest in KRN through any brokerage account that offers access to German exchanges. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold KRN.
Does KRN pay dividends? ▼
Krones AG pays a dividend to shareholders with a current yield of 2.15%. This translates to €2.60 per share annually. The payout ratio of 28% indicates sustainable dividend coverage.
What does Krones AG do? ▼
Krones AG is a Specialty Industrial Machinery company operating in the Industrials sector. The company is headquartered in Neutraubling, Germany.
What sector is KRN in? ▼
KRN operates in the Industrials sector, specifically in the Specialty Industrial Machinery industry.
When did KRN go public? ▼
Krones AG went public in 1998, making it a 28-year-old public company as of 2026.
How much would €1,000 invested in KRN 5 years ago be worth today? ▼
A €1,000 investment in KRN five years ago would be worth approximately €1,875 today, representing a 87.5% return.
How much would €1,000 invested in KRN 10 years ago be worth today? ▼
A €1,000 investment in KRN ten years ago would be worth approximately €1,331 today, representing a 33.1% total return over the decade.
What is KRN's 3-year return? ▼
Over the past 3 years, KRN has returned 17.3%. A €1,000 investment would have grown to €1,173.
How much would €1,000 invested in KRN at IPO be worth today? ▼
If you invested €1,000 in KRN at its IPO in 1998, it would be worth approximately €23,114 today, a 2,211.4% return over 28 years.
Does KRN pay dividends? ▼
Yes, Krones AG pays a dividend with a current yield of 2.15%, which is €2.6 per share annually.
What is KRN's market cap? ▼
Krones AG has a market capitalization of €3.8 billion, classifying it as a mid-cap company.
What is KRN's P/E ratio? ▼
KRN has a trailing P/E ratio of 13.2 and a forward P/E of 11.6, which measures how much investors are paying per dollar of earnings.
Is KRN a buy, hold, or sell? ▼
Based on 9 opinions, KRN has a consensus "buy" rating. The average price target is €151.11.
Last updated: 3/15/2026