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Diebold Nixdorf vs NCR Atleos

Diebold Nixdorf and NCR Atleos are similar in size: $3.81bn and $4.35bn of revenue in their latest fiscal years. Diebold Nixdorf grew faster (1.5% against 1.1%). NCR Atleos kept more of each dollar of sales as profit: a net margin of 3.7% against 2.5%.

Latest fiscal yearDiebold NixdorfDBD, 2025NCR AtleosNATL, 2025
Revenue $3.81bn $4.35bn
Revenue growth 1.5% 1.1%
Net income $94.6m $162m
Operating margin 6.4% —
Net margin 2.5% 3.7%
Return on equity 9.3% 52.1%
Free cash flow $301m $239m
Cash $369m $456m
Total debt $971m $2.79bn
Debt to equity 88.3% —
Dividend per share — —
Dividend yield — —
Share buybacks $131m $28.0m
Employees 20,000 20,000
Market value $1.88bn $3.44bn
Price vs our value range Below our value range Within our value range
Moat score 38 (Weak) —
Insider trades, 12 months 5 buys, 14 sales 0 buys, 1 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.