German companies set to outpace US rivals in revenue due to government support — Bloomberg

Major German companies are expected to outpace their US counterparts in revenue growth, thanks to German government policies aimed at boosting business and accelerating economic expansion, Bloomberg reports.

According to the agency's data, companies listed on the DAX index are projected to increase their profits by 13–15% in the second half of 2025 and throughout 2026, recovering from a 2% decline in the first half of this year.

Furthermore, Bloomberg analysts forecast that the DAX will outpace the S&P 500’s projected 13.5% earnings-per-share growth in 2026, while also surpassing key European benchmarks, including the Stoxx 600.

Market performance reflects this optimism. The DAX surged 22% in 2025, beating all major global benchmarks. By comparison, the Stoxx Europe 600 gained just 9%, while the S&P 500 barely managed to stay in positive territory.

Bloomberg Intelligence strategists suggest the US tariffs' impact on the DAX may be less severe than anticipated. Several index components, including SAP SE, Allianz SE, BASF SE, and Siemens AG, are demonstrating resilience through business diversification and US-localized production.