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Diebold Nixdorf

DBD on NYSE. Diebold Nixdorf sells cash machines, checkout systems, and services to banks and retailers. Market value $2.2bn.

Watch this stockFree. We tell you when something changes.

Price checks use the past 12 months to June 2026. Some use the latest annual report instead, as marked. Quality checks use five annual reports, the latest for the year to December 2025.

Cash flow or capital spending isn't reported, so free cash flow is unknown.

Should I look at this?

Not a fit for our list right now

Why it could be worth it

What to watch out for

See Technology stocks that passed both tests

This is not advice. Check the numbers below.

Compare with another stock

Cash yield
annual report to December 2025
n/a

We could not compute this from the filings.

Price to profit
past 12 months to June 2026
11.7×fair

You pay 11.7 years of operating profit for the business. The average large US company costs around 18.

Return on capital
five annual reports to December 2025
9.9%five-year median

Each dollar kept in the business earns 10 cents a year. Above 10 is good.

Quality score: 48 of 100. Price score: 77 of 100. Our list needs 70 on quality and 60 on price.

$65.48 a share, 20% above its 1-year low

Over the past year the price has ranged from $54.48 to $92.08.

Pays no dividend

Prices from Tuesday’s close (6 October).

Five years of cash, in billions

n/a
n/a
n/a
n/a
n/a
20212022202320242025
Revenue
$3.9bn$3.5bnn/a$3.8bn$3.8bn
Operating margin
3.5%-6.1%n/a4.9%6.4%
Debt to equity
n/an/a1.181.020.88
Shares outstanding
0.08bn0.04bn0.04bn0.04bn0.03bn

Health checks

  • Free cash flow positiveNot enough data
  • Accounting looks honest (Beneish)Not enough data
  • Financial strength (Piotroski)6 of 9
  • Profit backed by cash (accruals)Yes
  • Debt0.88× equity
  • Revenue growth, five yearsShrinking, 0.5% a year
  • Buying back its own sharesYes, 57% fewer since 2021

The quarter to June 2026

How the business did, compared with the same quarter a year earlier.

  • Sales: $931 million last quarter, up 2% on a year ago.
  • Profit: $16 million, up 27% on a year ago.
  • It keeps 6 cents of each $1 of sales as operating profit, up from 5 cents a year earlier.
  • 6% fewer shares than a year ago. Each share owns a bit more of the company.
  • Debt is $661 million more than cash, up from $652 million a year ago.
  • Sales grew on a year ago in each of the last 4 quarters.
Sales by quarter
Sales by quarter
Quarter toAmount
September 2024$927m
December 2024$989m
March 2025$841m
June 2025$915m
September 2025$945m
December 2025$1.1bn
March 2026$892m
June 2026$931m
Profit by quarter
Profit by quarter
Quarter toAmount
September 2024-$22m
December 2024$6m
March 2025-$8m
June 2025$12m
September 2025$41m
December 2025$50m
March 2026$5m
June 2026$16m

From the company's quarterly reports to the SEC.

Dates

Next results (estimated)
n/a
Last annual report (10-K)
12 February 2026
Next quarterly (estimated, 10-Q)
28 October 2026

Who owns it

4 long-term investors we follow own it, unchanged from 4 last quarter. 216 funds in all.

Jun '25
Dec '25
Jun '26
Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

5 investors own more than 5%.

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

In the last 12 months, 3 insiders bought $299,741 of shares on the open market.

  • Timko Thomas S
    EVP, CFO
    Bought
    Date
    31 July 2026
    Shares
    700
    Price
    $72.29
    Value
    $50,603
  • Marquez Octavio
    President and CEO, Director
    Bought
    Date
    27 May 2026
    Shares
    621
    Price
    $79.56
    Value
    $49,407
  • Marquez Octavio
    President and CEO, Director
    Bought
    Date
    26 May 2026
    Shares
    629
    Price
    $79.37
    Value
    $49,924
  • Myers Jonathan
    EVP, Chief Revenue Officer
    Bought
    Date
    22 May 2026
    Shares
    1,360
    Price
    $73.41
    Value
    $99,838
  • Timko Thomas S
    EVP, CFO
    Bought
    Date
    22 May 2026
    Shares
    672
    Price
    $74.36
    Value
    $49,970

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

None of the warning signs we check for were found.

We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.

We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 12 Feb 2026, plus the 10-Q filed 29 Jul 2026 and 4 later 8-Ks.

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

What could go wrong

  • Sales have shrunk: 0.5% a year.

Whether the price already reflects the risks is what the deep dive is for.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.