Ferrovial's core concession portfolio generates robust cash flows, evidenced by cumulative operating cash flow of $4.5B exceeding cumulative net income of $2.5B over ten quarters, but reported earnings are distorted by one-off gains and non-cash items, as seen...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth decelerated to 5.2% YoY in 2026Q2 with operating margin contracting to 11.0% from 15.8% in 2025Q2, while net income swung from $1.4B in 2024Q4 to $129M in 2026Q2, indicating earnings volatility from non-operating items.
Ferrovial SE (FER) is projected to achieve 9.4% revenue growth, indicating robust business performance and expansion.
With a trailing P/E of 10.24 and forward P/E of 43.86, Ferrovial SE (FER) presents a compelling valuation opportunity.
Analysts set a consensus target price of $71 with a +4.4% implied upside, reflecting positive sentiment on the stock.
Trailing total returns as of 10/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 28, 2026 | $0.41+64.6% vs $0.25 | $5.4B+8.9% vs $4.9B |
Q2 2026 May 7, 2026 | $0.21+217.5% vs -$0.18 | $2.7B+11.7% vs $2.4B |
Q1 2026 Feb 26, 2026 | $0.34 vs — | $3.2B+35.1% vs $2.4B |
Q1 2026 Feb 25, 2026 | $0.59+433.1% vs -$0.18 | $6.1B+156.6% vs $2.4B |
Engineers Gate Manager LP cut its position in shares of Ferrovial SE (NASDAQ: FER) by 60.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,720 shares of the company's stock after selling 27,221 shares during the quarter. Engineers Gate Manager LP's
The project represents the largest private investment in the state's history, bringing essential infrastructure to the growing Nashville region AMSTERDAM, Aug. 19, 2026 /PRNewswire/ -- Ferrovial, a leading global infrastructure company, today announced it has been selected to deliver Tennessee's I-24 Southeast Choice Lanes in Nashville, the largest single capital investment and first public-private partnership in Tennessee's history. "We are honored to be selected to deliver this landmark transportation project for Tennessee, which will enhance mobility and support the state's continued economic success," said Ignacio Madridejos, Ferrovial CEO.
Ferrovial N.V. (FER) Q2 2026 Earnings Call Transcript
Ferrovial NASDAQ: FER reported what Chief Executive Officer Ignacio Madridejos described as a strong first half of 2026, led by revenue growth at its North American highway assets and continued expansion in construction. The company ended the period with a net cash position of approximately €1.3 billion, excluding infrastructure projects.
Benchmark FER against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Ferrovial SE (FER)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $52.94 | $38.17B | 37.99 | 5.25% | 9.22% | 11.25% | 0.46% | |
| $90.15 | $5.09B | 48.99 | 54.2% | 4.1% | 14.61% | — | |
| $59.60 | $7.66B | 14.16 | 0.21% | 1.87% | 11.5% | — | |
| $662.60 | $99.43B | 97.44 | 19.76% | 4.08% | 14.73% | — | |
| $139.79 | $16.51B | 58.74 | 4.6% | 2.35% | 8.51% | — | |
| $213.67 | $16.88B | 42.14 | 16.22% | 3.12% | 14.86% | — |
Ferrovial SE (FER) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Ferrovial SE (FER) stock FAQ — growth, dividends, profitability & financials explained
Ferrovial SE (FER) reported $12.23B in revenue for fiscal year 2025. This represents a 2427% 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 $913.0M in net income for fiscal year 2025 (9.2% net margin).
Yes, Ferrovial SE (FER) pays a dividend with a yield of 0.46%. 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 $1.96B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
