Grundfos Due Diligence
Run due diligence on Grundfos: check compliance and get alerts when suppliers or ownership change.
Denmark · owned by POUL DUE JENSENS FOND (Denmark) · www.grundfos.com · 10 vendors
Grundfos is a global water technology company and one of the world's leading pump manufacturers. It pioneers solutions to water and climate challenges by providing energy and water-efficient pump systems and water treatment solutions for various applications in water utilities, industries, and buildings.
Resilience scores
- Digital Sovereignty: 20
- Digital Resilience: 7
- Financial Resilience: 9
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Services catalogue
5 services in catalogue across 3 categories; runs on 10 sub-vendors.
- iSOLUTIONS
- Pumping Solutions
- Personal Data Processing
Insights
Last updated 2026-09-13 · revision 7
10 direct vendors, 120 subvendors
Direct vendors by controlling owner country (sample)
- United States: 6
- France: 1
- United Kingdom: 1
Subvendors by controlling owner country (sample)
- Luxembourg: 1
- Portugal: 1
- Germany: 4
Compliance
5 in-scope frameworks identified; showing 3.
SOC 2 (source) — No public evidence
GDPR (source) — No public evidence
Evidence: https://www.grundfos.com/certificates, https://www.grundfos.com/legal
NIS2 (source) — No public evidence
Evidence: https://www.grundfos.com/certificates
Financials
Three-year financials
- 2025: revenue DKK 34.7B, EBIT DKK 3.67B, equity DKK 25.3B
- 2024: revenue DKK 33.2B, EBIT DKK 4.06B, equity DKK 24.5B
- 2023: revenue DKK 34.4B, EBIT DKK 4.31B, equity DKK 23.2B
Financial Resilience Score: 9/10
Grundfos demonstrates exceptional financial resilience underpinned by a fortress balance sheet, foundation ownership, and consistent cash generation. The equity ratio of 72.0% at year-end 2025 is extraordinarily high, supported by interest-bearing net deposits of DKK 6.77 billion and no reliance on bank covenants. Foundation ownership (88% by the Poul Due Jensen Foundation) enables long-term strategic decision-making without short-term shareholder pressure, and management explicitly views profit as 'a means to growth – not a goal in itself.' Operationally, Grundfos has maintained EBIT margins between 10.6% and 12.5% across the past five years, generated DKK 4.2 billion in operating cash flow in 2025, and invested 6.4% of revenue into R&D. Diversification across four divisions, >60 countries, and ~99% non-Danish sales further smooths cyclical risk. However, recent trends show some margin pressure—EBIT margin declined from 12.5% (2023) to 10.6% (2025), profit after tax fell 17% in 2025, and ROE dropped from 14.4% to 11.4%. Goodwill has also risen sharply due to the Newterra acquisition. Key risks include geopolitical volatility, Chinese construction slowdown, weak European construction markets affecting the Domestic Building Services division, currency exposure across multiple regions, and a DKK 428M restructuring provision for the Wahlstedt (Germany) plant relocation. Despite these, the company's capital structure and liquidity make it highly resilient to downturns.
Key strengths: Equity ratio of 72.0% — extremely strong capitalization, Net cash position with DKK 6.77B interest-bearing net deposits, Foundation ownership enabling long-term focus, Consistent EBIT margins of 10-12% across five years, Strong operating cash flow of DKK 4.2B in 2025, High geographic diversification (>60 countries, 99% non-Danish sales), R&D intensity of 6.4% of revenue supports innovation, No financial covenants from banks
Risk factors: EBIT margin compression from 12.5% (2023) to 10.6% (2025), Profit after tax declined 17% in 2025, ROE fell from 14.4% to 11.4%, Rising goodwill (DKK 3.5B) from acquisitions including Newterra, Geopolitical exposure including China construction slowdown, Currency exposure across USD, EUR, AUD, GBP, CNY, HUF, DKK 428M restructuring provision for Wahlstedt relocation, Weak European construction depressing Domestic Building Services
Revenue by geography
- Europe: 53.4%
- North & South America: 24.2%
- Asia: 17.2%
- Middle East / Africa: 5.1%
Revenue by product/service
- Pump solutions: 91.3%
- Service sales: 6.1%
- Project sales: 2.6%
Workforce by country
- Denmark: 4483
- Hungary: 3279
Signed-in users can see whether their own company is exposed to this vendor's disruption, plus the full sub-vendor list and country breakdowns, every in-scope compliance framework plus gaps and next steps, and alerts when any of it changes.