Deutsche Boerse AG

DB1: XETR (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Deutsche Börse: Good Structural Growth in First Quarter; Market Volatility Positive

Niklas Kammer

Apr 28, 2026

Deutsche Börse reported first-quarter revenue and EBITDA growth excluding treasury income of 12% and 18%, respectively.

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Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.

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Deutsche Boerse AG

Deutsche Börse: Good Structural Growth in First Quarter; Market Volatility Positive

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