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OverviewAnalysisPriceRevenueEarningsP/ERatiosDividendTargets

Eni S.p.A. (E) Quarterly Financial Ratios

Last 47 quarters of trend data · Energy · Oil & Gas Integrated

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Eni S.p.A.'s quarterly P/E stands at 479.0x, up 1020.6% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has compressed 30.5% YoY to 8.4x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
P/E Ratio →29.90479.0416.8028.9510.7442.7523.6820.2610.7294.266.8839.994.93
—+1020.6%-29.0%+42.9%+0.2%-54.6%+244.2%-49.3%+117.4%+321.0%+337.4%+1351.0%+36.2%
P/S Ratio0.840.830.670.670.540.460.590.580.560.570.590.610.43
—+79.3%+13.8%+16.7%-5.1%-18.9%+0.2%-6.2%+30.8%+49.0%+138.4%+83.8%+6.9%
P/B Ratio1.311.091.030.940.840.780.910.910.941.050.920.790.84
—+39.9%+12.4%+4.3%-10.2%-25.5%-0.7%+14.0%+11.2%+16.3%+41.1%-2.1%-22.7%
P/FCF14.849.7215.119.2021.358.8712.294.91—9.318.006.3813.59
—+9.6%+23.0%+87.3%—-4.8%+53.6%-23.0%—+40.8%+202.1%+42.4%+81.7%
EV / EBITDA7.538.366.296.384.4612.035.845.394.297.763.844.973.93
—-30.5%+7.6%+18.4%+4.0%+55.0%+52.2%+8.5%+9.3%-32.4%+122.7%+133.5%+53.3%
EV / EBIT16.7926.157.174.023.815.105.055.134.366.153.385.262.97
—+412.5%+41.9%-21.6%-12.6%-17.0%+49.6%-2.5%+46.7%-2.5%+187.6%+186.9%+19.4%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Eni S.p.A.'s operating margin was 4.9% in Q4 2025, down 1.8 pp QoQ and up 6.4 pp YoY. The trailing four-quarter average of 7.0% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 273.1% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Gross Margin5.5%-13.1%9.2%9.8%13.0%7.6%9.6%12.4%15.8%11.6%16.2%13.2%12.3%
—-273.1%-4.6%-21.1%-17.6%-34.5%-40.6%-5.8%+27.7%+210.2%-26.4%-36.9%-41.7%
Operating Margin7.3%4.9%6.7%6.2%10.3%-1.6%6.6%7.3%11.6%3.5%14.0%9.0%9.2%
—+405.6%+1.0%-15.0%-11.4%-145.7%-53.0%-19.0%+25.9%+359.1%-21.0%-52.5%-44.5%
Net Margin3.2%0.5%4.0%2.9%5.2%1.0%2.5%3.0%5.3%0.7%8.6%1.5%8.8%
—-47.6%+57.3%-4.9%-1.6%+39.4%-70.6%+102.8%-39.9%-64.7%-45.4%-87.6%-21.2%

Return on Capital

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
ROE4.6%0.2%1.5%1.0%2.1%0.4%1.0%1.2%2.2%0.3%3.3%0.5%4.4%
—-60.0%+57.2%-18.1%-6.8%+35.1%-70.5%+136.7%-49.1%-72.6%-69.9%-93.4%-43.8%
ROA1.8%0.1%0.6%0.4%0.8%0.2%0.4%0.4%0.8%0.1%1.3%0.2%1.5%
—-59.2%+62.6%-14.0%+2.4%+40.6%-72.0%+125.8%-49.2%-68.9%-62.5%-91.6%-35.8%
ROIC5.2%0.8%1.3%1.1%2.1%-0.3%1.3%1.5%2.4%0.8%2.9%1.6%2.4%
—+328.5%+0.3%-26.3%-12.8%-144.0%-55.4%-11.2%+0.5%+294.9%-56.6%-73.9%-59.1%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Eni S.p.A.'s Debt/EBITDA ratio is 14.6x, up from 10.9x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has risen for 4 consecutive quarters, indicating increasing financial leverage that investors should watch closely.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Debt / Equity0.730.730.650.650.630.660.660.650.660.810.560.600.57
—+10.6%-0.9%+0.9%-5.4%-17.9%+18.1%+7.4%+15.6%+9.8%-0.1%-3.9%-23.1%
Debt / EBITDA3.0214.6510.8811.688.5224.5811.0410.197.8715.226.5510.047.27
—-40.4%-1.4%+14.7%+8.3%+61.5%+68.6%+1.4%+8.2%-35.3%+71.8%+131.4%+48.4%
Current Ratio1.171.171.211.251.251.161.211.321.251.301.431.441.38
—+1.2%-0.6%-4.7%-0.3%-10.6%-15.2%-8.4%-9.3%+2.4%+22.2%+10.1%+12.1%
Quick Ratio1.021.021.021.091.090.991.021.141.081.121.231.261.20
—+2.9%+0.2%-4.8%+0.9%-11.7%-16.7%-9.1%-10.0%+1.6%+19.0%+7.7%+8.0%
Interest Coverage0.730.709.0123.0421.1613.419.3216.7611.6741.7121.4018.8833.56
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 47 years · Updated daily

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E — Frequently Asked Questions

Quick answers to the most common questions about buying E stock.

What is Eni S.p.A.'s quarterly P/E ratio trend?

Eni S.p.A.'s current P/E is 29.9x. The average P/E over the last 4 quarters is 133.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Eni S.p.A.'s margins change by quarter?

Eni S.p.A.'s current operating margin is 7.3%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at E quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Eni S.p.A.'s business trajectory between earnings reports.

VCP ScannerFree US Stock Screener & Financial Analysis

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