Ferrovial SE(FER)Earnings, Financials & Key Ratios
FER•NASDAQ
$66.89
$48.2B mkt cap·46.7× P/E·Price updated May 15, 2026
SectorIndustrialsIndustryInfrastructure OperationsSub-IndustryInfrastructure Concessions and Operators
AboutFerrovial SE, together with its subsidiaries, engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally. It operates through four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. The company designs and executes various public and private works, including the construction of public infrastructure; and develops, finances, and operates toll roads. It also develops, finances, and operates airports; and develops, finances, and operates power transmission lines and renewable energy generation plants, as well as offers mobility and waste management plants and services to the mining industry in Chile. In addition, the company promotes, constructs, and operates energy generation and transmission infrastructures. The company was founded in 1952 and is based in Amsterdam, the Netherlands.Show more
- Revenue$9.63B+5.2%
- EBITDA$1.67B-53.0%
- Net Income$888M-72.6%
- EPS (Diluted)1.23-72.3%
- Gross Margin88.32%+0.6%
- EBITDA Margin17.32%-55.4%
- Operating Margin12.23%-64.0%
- Net Margin9.22%-74.0%
- ROE11.25%-75.7%
- ROIC6.09%-64.1%
- Debt/Equity1.40-1.4%
- Interest Coverage3.44-58.5%
FER Key Insights
Ferrovial SE (FER) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 21.7%
- ✓Strong Piotroski F-Score: 7/9
- ✓FCF machine: 18.1% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Healthy 5Y average net margin of 14.0%
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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FER Price & Volume
Ferrovial SE (FER) stock price & volume — 10-year historical chart
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FER Growth Metrics
Ferrovial SE (FER) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-0.07%
5 Years8.71%
3 Years8.43%
TTM2.79%
Profit CAGR
10 Years2.12%
5 Years-
3 Years67.78%
TTM508.5%
EPS CAGR
10 Years3.06%
5 Years-
3 Years70.08%
TTM525.34%
Return on Capital
10 Years4.95%
5 Years6.8%
3 Years7.6%
Last Year5.39%
FER Recent Earnings
Ferrovial SE (FER) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 1/12 qtrs (100%)●Beat Revenue 7/12 qtrs (88%)
Q1 2026Latest
Feb 26, 2026EPS
$0.34
Revenue
$3.2B
Est $2.4B
+35.1%
Q1 2026
Feb 25, 2026EPS
$0.34
Est $0.18
+293.3%
Revenue
$3.2B
Est $2.4B
+35.1%
Q3 2025
Jul 29, 2025EPS
$0.44
Revenue
$2.6B
Est $2.5B
+4.3%
Q3 2025
Jul 28, 2025EPS
$0.44
Revenue
$2.6B
Est $2.5B
+4.3%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $0.34 | $3.2Bvs $2.4B+35.1% |
| Q1 2026 | Feb 25, 2026 | $0.34vs $0.18+293.3% | $3.2Bvs $2.4B+35.1% |
| Q3 2025 | Jul 29, 2025 | $0.44 | $2.6Bvs $2.5B+4.3% |
| Q3 2025 | Jul 28, 2025 | $0.44 | $2.6Bvs $2.5B+4.3% |
Based on last 12 quarters of dataView full earnings history →
FER Peer Comparison
Ferrovial SE (FER) competitors in Infrastructure Concessions and Operators — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 ROAD | 6.64B | 118.05 | 64.16 | 54.2% | 3.9% | 13.68% | 1.85 | |
 ACM | 9.22B | 71.31 | 16.94 | 0.21% | 3.16% | 19.61% | 1.25 | |
 PWR | 115.54B | 769.99 | 113.23 | 19.76% | 3.72% | 12.96% | 0.13 | |
 J | 13.05B | 110.51 | 46.43 | 4.6% | 2.96% | 9.06% | 0.58 | |
 MTZ | 32.71B | 414.90 | 81.83 | 16.22% | 3% | 14.16% | 0.84 | |
 GVA | 6.06B | 138.55 | 38.17 | 10.4% | 3.99% | 16.01% | 1.33 | |
 ATNI | 405.55M | 26.39 | -26.93 | -0.15% | -1.29% | -1.54% | 1.08 | |
 TTEK | 6.83B | 26.18 | 28.15 | 4.69% | 8.96% | 24.36% | 0.55 |
Compare FER vs Peers
Ferrovial SE (FER) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
FER Income Statement
Ferrovial SE (FER) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 5.15B | 5.74B | 6.05B | 6.34B | 6.78B | 7.55B | 8.51B | 9.15B | 9.63B | 9.35B |
| Revenue Growth % | -52.1% | 11.33% | 5.53% | 4.74% | 6.89% | 11.4% | 12.75% | 7.43% | 5.25% | 2.79% |
| Cost of Goods Sold | 1.34B | 985M | 949M | 1B | 1.08B | 1.2B | 1.05B | 1.11B | 1.12B | 1.21B |
| COGS % of Revenue | 26.1% | 17.17% | 15.68% | 15.85% | 15.89% | 15.85% | 12.3% | 12.19% | 11.68% | - |
| Gross Profit | 10.86B▲ 0% | 4.75B▼ 56.3% | 5.11B▲ 7.4% | 5.34B▲ 4.5% | 5.7B▲ 6.8% | 6.35B▲ 11.5% | 7.47B▲ 17.5% | 8.03B▲ 7.6% | 8.5B▲ 5.9% | 8.14B▲ 0% |
| Gross Margin % | 210.83% | 82.83% | 84.32% | 84.15% | 84.11% | 84.15% | 87.7% | 87.81% | 88.32% | 87.03% |
| Gross Profit Growth % | 14.47% | -56.26% | 7.43% | 4.52% | 6.84% | 11.45% | 17.52% | 7.57% | 5.86% | - |
| Operating Expenses | 3.85B | 4.32B | 5.16B | 5.14B | 5.36B | 5.93B | 6.84B | 4.92B | 7.33B | 4.87B |
| OpEx % of Revenue | 74.64% | 75.27% | 85.3% | 81% | 79.14% | 78.51% | 80.36% | 53.82% | 76.1% | - |
| Selling, General & Admin | 364M | 254M | 317M | 276M | 323M | 449M | 2.33B | 2.47B | 2.64B | 2.1B |
| SG&A % of Revenue | 7.06% | 4.43% | 5.24% | 4.35% | 4.77% | 5.95% | 27.41% | 27.01% | 27.4% | - |
| Research & Development | 0 | 0 | 45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | 0.74% | - | - | - | - | - | - | - |
| Other Operating Expenses | 3.56B | 4.06B | 4.39B | 4.86B | 3.63B | 5.48B | 6.28B | 2.45B | 4.69B | 4M |
| Operating Income | 638M▲ 0% | 438M▼ 31.3% | 401M▼ 8.4% | 189M▼ 52.9% | 1.48B▲ 682.5% | 423M▼ 71.4% | 625M▲ 47.8% | 3.11B▲ 397.4% | 1.18B▼ 62.1% | 3.26B▲ 0% |
| Operating Margin % | 12.38% | 7.63% | 6.62% | 2.98% | 21.82% | 5.6% | 7.34% | 33.99% | 12.23% | 34.91% |
| Operating Income Growth % | -31.1% | -31.35% | -8.45% | -52.87% | 682.54% | -71.4% | 47.75% | 397.44% | -62.14% | - |
| EBITDA | 753M | 566M | 581M | 422M | 1.75B | 722M | 1.03B | 3.55B | 1.67B | 3.62B |
| EBITDA Margin % | 14.61% | 9.87% | 9.6% | 6.66% | 25.8% | 9.56% | 12.05% | 38.81% | 17.32% | 38.7% |
| EBITDA Growth % | -40.62% | -24.83% | 2.65% | -27.37% | 314.46% | -58.72% | 42.11% | 246% | -53.04% | 318.73% |
| D&A (Non-Cash Add-back) | 115M | 128M | 180M | 233M | 270M | 299M | 401M | 441M | 490M | 354M |
| EBIT | 766M | 533M | 840M | 173M | 1.24B | 622M | 1.08B | 4.1B | 1.51B | 1.04B |
| Net Interest Income | -263M | -212M | -231M | -308.33M | -263M | -259M | -254M | -274.33M | -291M | -274M |
| Interest Income | 55M | 85M | 114M | 62.4M | 46M | 119.87M | 250M | 219.47M | 147M | 0 |
| Interest Expense | 346M | 293M | 336M | 370.74M | 276M | 378.87M | 467M | 493.8M | 438M | 274M |
| Other Income/Expense | -20M | 47M | 103M | -573M | 626M | -155M | 31M | 512M | -107M | 475M |
| Pretax Income | 470M▲ 0% | 481M▲ 2.3% | 504M▲ 4.8% | -384M▼ 176.2% | 964M▲ 351.0% | 268M▼ 72.2% | 656M▲ 144.8% | 3.62B▲ 452.0% | 1.07B▼ 70.5% | 3.74B▲ 0% |
| Pretax Margin % | 9.12% | 8.38% | 8.33% | -6.06% | 14.22% | 3.55% | 7.7% | 39.59% | 11.11% | 39.99% |
| Income Tax | 46M | 26M | 47M | -28M | -9M | 30M | 42M | 145M | -60M | 123M |
| Effective Tax Rate % | 9.79% | 5.41% | 9.33% | 7.29% | -0.93% | 11.19% | 6.4% | 4% | -5.61% | 3.29% |
| Net Income | 454M▲ 0% | -448M▼ 198.7% | 268M▲ 159.8% | -424M▼ 258.2% | 1.2B▲ 382.5% | 188M▼ 84.3% | 460M▲ 144.7% | 3.24B▲ 604.1% | 888M▼ 72.6% | 3.37B▲ 0% |
| Net Margin % | 8.81% | -7.81% | 4.43% | -6.69% | 17.67% | 2.49% | 5.4% | 35.41% | 9.22% | 35.99% |
| Net Income Growth % | 20.74% | -198.68% | 159.82% | -258.21% | 382.55% | -84.31% | 144.68% | 604.13% | -72.58% | 508.5% |
| Net Income (Continuing) | 424M | 457M | 457M | -393M | 975M | 73M | 614M | 3.48B | 1.13B | 3.62B |
| Discontinued Operations | 83M | 0 | 0 | 20M | 361M | 64M | 16M | 14M | 20M | 4M |
| Minority Interest | 731M | 833M | 783M | 640M | 1.79B | 2.24B | 2.11B | 2.04B | 1.76B | 1.75B |
| EPS (Diluted) | 0.60▲ 0% | -0.55▼ 191.7% | 0.62▲ 212.7% | -0.49▼ 179.0% | 1.63▲ 432.7% | 0.25▼ 84.7% | 0.47▲ 88.0% | 4.44▲ 844.7% | 1.23▼ 72.3% | 4.67▲ 0% |
| EPS Growth % | 22.45% | -191.67% | 212.73% | -179.03% | 432.65% | -84.66% | 88% | 844.68% | -72.3% | 525.34% |
| EPS (Basic) | 0.60 | -0.55 | 0.62 | -0.49 | 1.63 | 0.25 | 0.44 | 4.36 | 1.20 | - |
| Diluted Shares Outstanding | 730.89M | 809.39M | 731.68M | 732.28M | 731.77M | 723.48M | 728.25M | 729.27M | 720M | 720M |
| Basic Shares Outstanding | 730.89M | 809.39M | 731.68M | 732.28M | 731.77M | 723.48M | 766.67M | 742.46M | 737.76M | 737.76M |
| Dividend Payout Ratio | 48.02% | - | 88.81% | - | 2.59% | 70.21% | 29.57% | 4.01% | 17.57% | - |
FER Balance Sheet
Ferrovial SE (FER) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 8.06B | 10.76B | 11.75B | 12.67B | 9.1B | 7.42B | 6.99B | 7.67B | 7.31B | 5.64B |
| Cash & Short-Term Investments | 4.54B | 4B | 4.73B | 6.42B | 5.48B | 5.09B | 4.76B | 4.81B | 4.24B | 2.83B |
| Cash Only | 4.54B | 4B | 4.73B | 6.42B | 5.47B | 5.09B | 4.76B | 4.81B | 4.24B | 2.83B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 11M | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 2.68B | 1.14B | 1.29B | 1.42B | 1.37B | 1.57B | 1.35B | 2.19B | 2.17B | 2.19B |
| Days Sales Outstanding | 190.11 | 72.21 | 77.65 | 81.62 | 73.94 | 75.7 | 58 | 87.47 | 82.39 | 69.61 |
| Inventory | 629M | 594M | 699M | 691M | 405M | 475M | 458M | 492M | 540M | 494M |
| Days Inventory Outstanding | 170.7 | 220.11 | 268.85 | 250.96 | 137.26 | 144.84 | 159.67 | 161.06 | 175.36 | 148.35 |
| Other Current Assets | 2.8B | 5.37B | 5.43B | 4.07B | 2.06B | 551M | 421M | 95M | 243M | 123M |
| Total Non-Current Assets | 14.93B | 12.05B | 12.36B | 10.46B | 15.79B | 18.86B | 19.33B | 21.33B | 20.11B | 20.92B |
| Property, Plant & Equipment | 694M | 250M | 427M | 370M | 502M | 662M | 790M | 1.01B | 1.31B | 1.08B |
| Fixed Asset Turnover | 7.43x | 22.95x | 14.18x | 17.14x | 13.50x | 11.41x | 10.78x | 9.06x | 7.36x | 8.94x |
| Goodwill | 2.06B | 372M | 248M | 208M | 420M | 480M | 475M | 500M | 412M | 443M |
| Intangible Assets | 432M | 34M | 62M | 60M | 125.1M | 137M | 122M | 129M | 127M | 133M |
| Long-Term Investments | 2.63B | 10.74B | 11.12B | 9.24B | 1.83B | 3.3B | 2.08B | 3.63B | 4.02B | 14.54B |
| Other Non-Current Assets | 8.07B | -2M | -3M | -1M | 12.37B | 13.5B | 2.52B | 14.9B | 13.29B | 21.9B |
| Total Assets | 22.99B▲ 0% | 22.81B▼ 0.8% | 24.11B▲ 5.7% | 23.13B▼ 4.1% | 24.9B▲ 7.6% | 26.28B▲ 5.6% | 26.32B▲ 0.1% | 29B▲ 10.2% | 27.42B▼ 5.4% | 26.56B▲ 0% |
| Asset Turnover | 0.22x | 0.25x | 0.25x | 0.27x | 0.27x | 0.29x | 0.32x | 0.32x | 0.35x | 0.34x |
| Asset Growth % | -1.74% | -0.77% | 5.68% | -4.07% | 7.64% | 5.58% | 0.13% | 10.19% | -5.45% | 22.76% |
| Total Current Liabilities | 5.85B | 7.3B | 8.62B | 8.74B | 6.58B | 5.38B | 5.78B | 6.3B | 6.46B | 5.98B |
| Accounts Payable | 2.28B | 1.31B | 1.33B | 1.45B | 1.54B | 1.66B | 1.7B | 1.78B | 1.8B | 1.71B |
| Days Payables Outstanding | 619.55 | 486.91 | 510.38 | 524.8 | 523.27 | 507.1 | 591.95 | 583.02 | 585.49 | 524.48 |
| Short-Term Debt | 839M | 773M | 1.03B | 1.68B | 1.13B | 877M | 942M | 1.2B | 1.07B | 1.22B |
| Deferred Revenue (Current) | -943M | 65M | 6.19B | 5.63B | 3.92B | 1.36B | 0 | 1.62B | 1.82B | 1.51B |
| Other Current Liabilities | 860M | 3.85B | 4.5B | 4.97B | 2.62B | 1.05B | 2.69B | 1.04B | 1.08B | 950M |
| Current Ratio | 1.38x | 1.47x | 1.36x | 1.45x | 1.38x | 1.38x | 1.21x | 1.22x | 1.13x | 1.13x |
| Quick Ratio | 1.27x | 1.39x | 1.28x | 1.37x | 1.32x | 1.29x | 1.13x | 1.14x | 1.05x | 1.05x |
| Cash Conversion Cycle | -258.74 | -194.59 | -163.88 | -192.22 | -312.08 | -286.56 | -374.28 | -334.49 | -327.75 | -306.52 |
| Total Non-Current Liabilities | 10.91B | 10.15B | 10.4B | 10.56B | 12.48B | 14.55B | 13.35B | 14.58B | 13.29B | 12.93B |
| Long-Term Debt | 7.51B | 7.55B | 7.57B | 8.14B | 9.58B | 10.78B | 10.42B | 10.09B | 9.36B | 8.89B |
| Capital Lease Obligations | 0 | 0 | 82M | 93M | 115M | 120M | 141M | 165M | 219M | 558M |
| Deferred Tax Liabilities | 900M | 574M | 475M | 428M | 670M | 924M | 1.09B | 1.24B | 889M | 1.12B |
| Other Non-Current Liabilities | 1.46B | 784M | 932M | 2.63B | 2.81B | 1.32B | 362M | 1.71B | 1.64B | 14.05B |
| Total Liabilities | 16.76B | 17.45B | 19.02B | 19.3B | 19.06B | 19.93B | 20.44B | 20.88B | 19.75B | 18.91B |
| Total Debt | 8.55B | 8.33B | 8.78B | 9.76B | 10.75B | 11.84B | 11.56B | 11.53B | 10.73B | 10.34B |
| Net Debt | 4.01B | 4.33B | 4.05B | 3.33B | 5.28B | 6.75B | 6.81B | 6.72B | 6.49B | 7.51B |
| Debt / Equity | 1.37x | 1.55x | 1.73x | 2.55x | 1.84x | 1.86x | 1.97x | 1.42x | 1.40x | 1.40x |
| Debt / EBITDA | 11.35x | 14.71x | 15.11x | 23.12x | 6.14x | 16.39x | 11.27x | 3.25x | 6.44x | 2.86x |
| Net Debt / EBITDA | 5.32x | 7.65x | 6.97x | 7.90x | 3.02x | 9.34x | 6.64x | 1.89x | 3.89x | 3.89x |
| Interest Coverage | 2.21x | 1.82x | 2.50x | 0.47x | 4.50x | 1.64x | 2.31x | 8.30x | 3.44x | 3.81x |
| Total Equity | 6.23B▲ 0% | 5.36B▼ 14.0% | 5.09B▼ 5.1% | 3.83B▼ 24.8% | 5.84B▲ 52.6% | 6.35B▲ 8.8% | 5.88B▼ 7.5% | 8.12B▲ 38.1% | 7.67B▼ 5.6% | 7.65B▲ 0% |
| Equity Growth % | -1.27% | -13.97% | -5.15% | -24.77% | 52.57% | 8.82% | -7.48% | 38.12% | -5.6% | 142.46% |
| Book Value per Share | 8.53 | 6.63 | 6.95 | 5.23 | 7.98 | 8.78 | 8.07 | 11.13 | 10.65 | 10.63 |
| Total Shareholders' Equity | 5.5B | 4.53B | 4.3B | 3.19B | 4.05B | 4.11B | 3.77B | 6.08B | 5.91B | 5.9B |
| Common Stock | 146M | 148M | 147M | 147M | 147M | 145M | 7M | 7M | 7M | 7M |
| Retained Earnings | 4.62B | 3.99B | 3.93B | 3.4B | 4.6B | 4.26B | 370M | 2.54B | 2.79B | 2.75B |
| Treasury Stock | -42M | -128M | -75M | -13M | -124M | -26M | -78M | -79M | -78M | -78M |
| Accumulated OCI | -776M | -727M | -691M | -2.49B | -762M | -270M | 0 | 0 | 0 | -1.1B |
| Minority Interest | 731M | 833M | 783M | 640M | 1.79B | 2.24B | 2.11B | 2.04B | 1.76B | 1.75B |
FER Cash Flow Statement
Ferrovial SE (FER) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 1.28B | 845M | 1.18B | 1.09B | 810M | 1B | 1.26B | 1.29B | 1.61B | 1.93B |
| Operating CF Margin % | 24.84% | 14.73% | 19.46% | 17.24% | 11.95% | 13.27% | 14.83% | 14.14% | 16.77% | - |
| Operating CF Growth % | 9.21% | -33.98% | 39.41% | -7.22% | -25.89% | 23.7% | 26.05% | 2.38% | 24.86% | 203.34% |
| Net Income | 454M | -448M | 268M | -232M | 1.2B | 186M | 460M | 3.24B | 888M | 3.37B |
| Depreciation & Amortization | 375M | 127M | 180M | 198M | 260M | 299M | 401M | 441M | 490M | 447M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13M |
| Deferred Taxes | 61M | 7M | 0 | -66M | 0 | 0 | 0 | 145M | -60M | 0 |
| Other Non-Cash Items | 504M | 1.42B | 524M | 819M | -398M | 600M | 284M | -2.31B | 233.4M | -2.12B |
| Working Capital Changes | -53M | -255M | 206M | 308M | -249M | -83M | 118M | -220M | 63M | -237M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -220M | 0 | -237M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -468M | -202M | -247M | 382M | 457M | -732M | -425M | 1.31B | -1.03B | 564M |
| Capital Expenditures | -135M | -182M | -202M | -116M | -124M | -95M | -405M | -226M | -187M | -543M |
| CapEx % of Revenue | 2.62% | 3.17% | 3.34% | 1.83% | 1.83% | 1.26% | 4.76% | 2.47% | 1.94% | - |
| Acquisitions | 248M | 230M | 484M | 501M | 1.62B | 429M | 0 | 1.3B | -478M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -581M | -250M | -443M | -629M | -2.54B | -729M | -63M | 243M | -368.61M | 1.11B |
| Cash from Financing | 324M | -692M | -141M | 430M | -2.22B | -316M | -1.3B | -2.59B | -1.03B | -2.69B |
| Debt Issued (Net) | 630M | 63M | 743M | 1.41B | -1.2B | 542M | 130M | -611M | -20M | 0 |
| Equity Issued (Net) | -267M | -280M | -282M | -256M | -432M | -446M | -114M | -973M | -501M | -801M |
| Dividends Paid | -218M | -240M | -238M | -122M | -31M | -132M | -136M | -130M | -156M | -130M |
| Share Repurchases | -302M | -280M | -282M | -256M | -432M | -446M | -114M | -973M | -501M | -801M |
| Other Financing | 179M | -235M | -364M | -597M | -559M | -280M | -1.19B | -877M | -351.61M | -1.76B |
| Net Change in Cash | 1.02B▲ 0% | -596M▼ 158.3% | 730M▲ 222.5% | 1.7B▲ 132.5% | -1.01B▼ 159.6% | -406M▲ 59.8% | -341M▲ 16.0% | 39M▲ 111.4% | -557M▼ 1528.2% | 0▲ 0% |
| Free Cash Flow | 1.15B▲ 0% | 663M▼ 42.1% | 976M▲ 47.2% | 977M▲ 0.1% | 686M▼ 29.8% | 907M▲ 32.2% | 1.18B▲ 29.8% | 1.07B▼ 9.3% | 1.74B▲ 63.0% | 925M▲ 0% |
| FCF Margin % | 22.22% | 11.56% | 16.12% | 15.41% | 10.12% | 12.01% | 13.82% | 11.67% | 18.06% | 9.89% |
| FCF Growth % | 15.08% | -42.1% | 47.21% | 0.1% | -29.79% | 32.22% | 29.77% | -9.35% | 62.98% | 13.78% |
| FCF per Share | 1.57 | 0.82 | 1.33 | 1.33 | 0.94 | 1.25 | 1.62 | 1.46 | 2.42 | 2.42 |
| FCF Conversion (FCF/Net Income) | 2.82x | -1.89x | 4.40x | -2.58x | 0.68x | 5.33x | 2.75x | 0.40x | 1.82x | 0.27x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 474M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
FER Key Ratios
Ferrovial SE (FER) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 7.24% | -7.73% | 5.13% | -9.51% | 24.79% | 3.08% | 7.52% | 46.27% | 11.25% | 42.67% |
| Return on Invested Capital (ROIC) | 4.47% | 3.3% | 3.19% | 1.74% | 12.14% | 2.62% | 3.64% | 16.94% | 6.09% | 6.09% |
| Gross Margin | 210.83% | 82.83% | 84.32% | 84.15% | 84.11% | 84.15% | 87.7% | 87.81% | 88.32% | 87.03% |
| Net Margin | 8.81% | -7.81% | 4.43% | -6.69% | 17.67% | 2.49% | 5.4% | 35.41% | 9.22% | 35.99% |
| Debt / Equity | 1.37x | 1.55x | 1.73x | 2.55x | 1.84x | 1.86x | 1.97x | 1.42x | 1.40x | 1.40x |
| Interest Coverage | 2.21x | 1.82x | 2.50x | 0.47x | 4.50x | 1.64x | 2.31x | 8.30x | 3.44x | 3.81x |
| FCF Conversion | 2.82x | -1.89x | 4.40x | -2.58x | 0.68x | 5.33x | 2.75x | 0.40x | 1.82x | 0.27x |
| Revenue Growth | -52.1% | 11.33% | 5.53% | 4.74% | 6.89% | 11.4% | 12.75% | 7.43% | 5.25% | 2.79% |
FER Frequently Asked Questions
Ferrovial SE (FER) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Ferrovial SE (FER) reported $9.35B in revenue for fiscal year 2025. This represents a 1832% increase from $483.9M in 2004.
Ferrovial SE (FER) grew revenue by 5.2% over the past year. This is steady growth.
Yes, Ferrovial SE (FER) is profitable, generating $3.37B in net income for fiscal year 2025 (9.2% net margin).
Dividend & Returns
Yes, Ferrovial SE (FER) pays a dividend with a yield of 0.38%. This makes it attractive for income-focused investors.
Ferrovial SE (FER) has a return on equity (ROE) of 11.3%. This is reasonable for most industries.
Ferrovial SE (FER) generated $925.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More FER
Ferrovial SE (FER) financial analysis — history, returns, DCA and operating performance tools
Full FER Stock Analysis
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Dividend History
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Financial Ratios
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