Last 47 quarters of trend data · Energy · Oil & Gas Integrated
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Eni S.p.A.'s quarterly P/E stands at 16.8x, down 29.0% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has expanded 7.6% YoY to 6.3x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 24.27 | 16.80 | 28.95 | 10.74 | 42.75 | 23.68 | 20.26 | 10.72 | 94.26 | 6.88 | 39.99 | 4.93 | 22.39 |
| — | -29.0% | +42.9% | +0.2% | -54.6% | +244.2% | -49.3% | +117.4% | +321.0% | +337.4% | +1351.0% | +36.2% | +586.7% | |
| P/S Ratio | 0.66 | 0.67 | 0.67 | 0.54 | 0.46 | 0.59 | 0.58 | 0.56 | 0.57 | 0.59 | 0.61 | 0.43 | 0.38 |
| — | +13.8% | +16.7% | -5.1% | -18.9% | +0.2% | -6.2% | +30.8% | +49.0% | +138.4% | +83.8% | +6.9% | -16.6% | |
| P/B Ratio | 1.15 | 1.03 | 0.94 | 0.84 | 0.78 | 0.91 | 0.91 | 0.94 | 1.05 | 0.92 | 0.79 | 0.84 | 0.90 |
| — | +12.4% | +4.3% | -10.2% | -25.5% | -0.7% | +14.0% | +11.2% | +16.3% | +41.1% | -2.1% | -22.7% | -18.4% | |
| P/FCF | 11.50 | 15.11 | 9.20 | 21.35 | 8.87 | 12.29 | 4.91 | — | 9.31 | 8.00 | 6.38 | 13.59 | 6.62 |
| — | +23.0% | +87.3% | — | -4.8% | +53.6% | -23.0% | — | +40.8% | +202.1% | +42.4% | +81.7% | +124.9% | |
| EV / EBITDA | 6.65 | 6.29 | 6.38 | 4.46 | 12.03 | 5.84 | 5.39 | 4.29 | 7.76 | 3.84 | 4.97 | 3.93 | 11.48 |
| — | +7.6% | +18.4% | +4.0% | +55.0% | +52.2% | +8.5% | +9.3% | -32.4% | +122.7% | +133.5% | +53.3% | +374.6% | |
| EV / EBIT | 16.30 | 7.17 | 4.02 | 3.81 | 5.10 | 5.05 | 5.13 | 4.36 | 6.15 | 3.38 | 5.26 | 2.97 | 6.31 |
| — | +41.9% | -21.6% | -12.6% | -17.0% | +49.6% | -2.5% | +46.7% | -2.5% | +187.6% | +186.9% | +19.4% | +109.2% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Eni S.p.A.'s operating margin was 6.7% in Q3 2025, up 0.5 pp QoQ and up 0.1 pp YoY. The trailing four-quarter average of 5.4% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 4.6% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 11.4% | 9.2% | 9.8% | 13.0% | 7.6% | 9.6% | 12.4% | 15.8% | 11.6% | 16.2% | 13.2% | 12.3% | 3.7% |
| — | -4.6% | -21.1% | -17.6% | -34.5% | -40.6% | -5.8% | +27.7% | +210.2% | -26.4% | -36.9% | -41.7% | -80.7% | |
| Operating Margin | 5.9% | 6.7% | 6.2% | 10.3% | -1.6% | 6.6% | 7.3% | 11.6% | 3.5% | 14.0% | 9.0% | 9.2% | -1.3% |
| — | +1.0% | -15.0% | -11.4% | -145.7% | -53.0% | -19.0% | +25.9% | +359.1% | -21.0% | -52.5% | -44.5% | -106.3% | |
| Net Margin | 3.0% | 4.0% | 2.9% | 5.2% | 1.0% | 2.5% | 3.0% | 5.3% | 0.7% | 8.6% | 1.5% | 8.8% | 2.0% |
| — | +57.3% | -4.9% | -1.6% | +39.4% | -70.6% | +102.8% | -39.9% | -64.7% | -45.4% | -87.6% | -21.2% | -84.9% |
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.8% | 1.5% | 1.0% | 2.1% | 0.4% | 1.0% | 1.2% | 2.2% | 0.3% | 3.3% | 0.5% | 4.4% | 1.1% |
| — | +57.2% | -18.1% | -6.8% | +35.1% | -70.5% | +136.7% | -49.1% | -72.6% | -69.9% | -93.4% | -43.8% | -85.2% | |
| ROA | 1.8% | 0.6% | 0.4% | 0.8% | 0.2% | 0.4% | 0.4% | 0.8% | 0.1% | 1.3% | 0.2% | 1.5% | 0.4% |
| — | +62.6% | -14.0% | +2.4% | +40.6% | -72.0% | +125.8% | -49.2% | -68.9% | -62.5% | -91.6% | -35.8% | -84.6% | |
| ROIC | 4.9% | 1.3% | 1.1% | 2.1% | -0.3% | 1.3% | 1.5% | 2.4% | 0.8% | 2.9% | 1.6% | 2.4% | -0.4% |
| — | +0.3% | -26.3% | -12.8% | -144.0% | -55.4% | -11.2% | +0.5% | +294.9% | -56.6% | -73.9% | -59.1% | -106.7% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Eni S.p.A.'s Debt/EBITDA ratio is 10.9x, down from 11.7x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has risen for 3 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.63 | 0.65 | 0.65 | 0.63 | 0.66 | 0.66 | 0.65 | 0.66 | 0.81 | 0.56 | 0.60 | 0.57 | 0.73 |
| — | -0.9% | +0.9% | -5.4% | -17.9% | +18.1% | +7.4% | +15.6% | +9.8% | -0.1% | -3.9% | -23.1% | -1.4% | |
| Debt / EBITDA | 2.72 | 10.88 | 11.68 | 8.52 | 24.58 | 11.04 | 10.19 | 7.87 | 15.22 | 6.55 | 10.04 | 7.27 | 23.52 |
| — | -1.4% | +14.7% | +8.3% | +61.5% | +68.6% | +1.4% | +8.2% | -35.3% | +71.8% | +131.4% | +48.4% | +443.3% | |
| Current Ratio | 1.14 | 1.21 | 1.25 | 1.25 | 1.16 | 1.21 | 1.32 | 1.25 | 1.30 | 1.43 | 1.44 | 1.38 | 1.26 |
| — | -0.6% | -4.7% | -0.3% | -10.6% | -15.2% | -8.4% | -9.3% | +2.4% | +22.2% | +10.1% | +12.1% | -5.5% | |
| Quick Ratio | 0.98 | 1.02 | 1.09 | 1.09 | 0.99 | 1.02 | 1.14 | 1.08 | 1.12 | 1.23 | 1.26 | 1.20 | 1.11 |
| — | +0.2% | -4.8% | +0.9% | -11.7% | -16.7% | -9.1% | -10.0% | +1.6% | +19.0% | +7.7% | +8.0% | -7.6% | |
| Interest Coverage | 3.93 | 4.33 | 5.66 | 10.02 | -1.41 | 3.42 | 7.20 | 6.85 | 9.95 | 12.02 | 9.70 | 14.64 | -1.97 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Start ComparisonEni S.p.A.'s current P/E is 24.3x. The average P/E over the last 4 quarters is 24.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Eni S.p.A.'s current operating margin is 5.9%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
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.