Business Description

Schindler Holding AG is involved in the design, manufacturing, and installation of elevators and escalators. It offers transit management solutions, moving walkways, and related maintenance and repair services. Robert Schindler, Eduard Villiger and Eduard Villiger founded the company in 1874. It is located in Hergiswil in Switzerland.

Key Financials

Revenue (US$ Mn):

• Schindler Holding AG ‘s annual revenue for 2021 was US$ 11,934 Mn, a 12.16% increase from 2020
• The annual revenue generated by Schindler Holding AG in 2020 was US$ 10,640 Mn
• At a 3.6% increase from , Schindler Holding AG ‘s annual revenue of US$ 11,271 Mn was indexed in 2019
• Schindler Holding AG generated a total revenue of US$ 10,879 Mn in 2018

 

Operating Income (US$ Mn):

• US$ 1,330 Mn was the operating income generated by Schindler Holding AG in 2021
• Schindler Holding AG ‘s operating income for 2020 was US$ 1,019 Mn, a -18.41% decrease from 2019
• From 2018’s operating incomes, Schindler Holding AG registered a -0.79% decrease in 2019, amounting to US$ 1,249 Mn
• A operating income of US$ 1,259 Mn was generated in 2018 by Schindler Holding AG

 

Net Income (US$ Mn):

• Schindler Holding AG ‘s net income for 2021 was US$ 936 Mn, a 29.6% increase from 2020
• The net income generated by Schindler Holding AG in 2020 was US$ 722 Mn
• At a -8.48% decrease from , Schindler Holding AG ‘s net income of US$ 863 Mn was indexed in 2019
• Schindler Holding AG generated a net income of US$ 943 Mn in 2018

 

Operating Margin %:

• Schindler Holding AG ‘s operating margin for 2021 was 11%, a 15.63% increase from 2020
• The operating margin generated by Schindler Holding AG in 2020 was 10%
• At a -4.31% decrease from , Schindler Holding AG ‘s operating margin of 11% was indexed in 2019
• Schindler Holding AG generated a operating margin of 12% in 2018

 

Gross Margin %:

• 8% was the gross margin generated by Schindler Holding AG in 2021
• Schindler Holding AG ‘s gross margin for 2020 was 7%, a -11.84% decrease from 2019
• From 2018’s gross margins, Schindler Holding AG registered a -11.63% decrease in 2019, amounting to 8%
• A gross margin of 9% was generated in 2018 by Schindler Holding AG

SWOT Analysis

Strengths

Focus on research and development provides a competitive edge over peers

With the company operating in a technology-intensive business, innovation is considered the top priority since it creates a competitive advantage. Focusing on innovation is the cornerstone of the company’s business strategy with significant research and development (R&D) efforts to improve its products. Schindler’s R&D activities focus on reducing the environmental impact, especially the consumption of energy and materials.

The company carries out its R&D activities at its centers in Austria, Switzerland, the US, China, India, and Brazil. Since its inception, the company launched several breakthrough technologies and products. In addition, Schindler focuses on a key innovative solution, Schindler Personal Occupant Requirement Terminal (PORT) Technology to implement Transit Management and offer an industry-leading destination control technology. In FY2019, the company’s R&D activities accounted for CHF196 million. It also invests in developing green, user-friendly solutions for customers.