Saturday 17 October 2026 Export E’s income statement to Excel — free account

Eni SpA

Eni SpA’s revenue for fiscal 2025 (year ended December 2025) was $94.6 billion, down 4.14% from fiscal 2024. In the quarter to June 2026, revenue grew 21.4%, EPS grew 616.7%, free cash flow grew 43.6% and total debt rose 10.8%, each against the same quarter a year earlier.

59.10 1.66 +2.89%

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Market cap: $83.7B
P/E: 14.8×
Fwd P/E: 9.3×
Dividend yield: 4.16%
F-score: 7/9
Altman Z: 1.52
Beneish M: −2.97
Dividend safety: 34/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.50%

Capital & Financial Ratios $m

Market Cap 83,700.00

Revenue 98,553.45

Net Income 4,262.79

Free Cash Flow 5,212.15

Net Debt 19,139.20

Current Ratio 1.23

Debt/Equity 0.55

P/E ratio 14.85

Fwd P/E 9.27

P/S ratio 0.88

P/B ratio 1.31

Past 5Y EPS Growth —

This Y EPS Growth 70.70%

Next Y EPS Growth (5.96%)

Next Y revenue growth (25.42%)

Next 5Y EPS Growth 14.43%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 52.85%

10-year low 10-year high

P/S against its own 10 years 91.77%

10-year low 10-year high

P/B against its own 10 years 99.43%

10-year low 10-year high

EV/Sales against its own 10 years 86.88%

10-year low 10-year high

EV/FCF against its own 10 years 78.31%

10-year low 10-year high

Dividends

Payout Ratio 0.63

Annual Dividend Rate 2.46

Annual Dividend Yield 4.16%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.83	0.60 0.63 0.63
2025	0.77	0.54 0.57 0.61 0.60
2024	2.09	0.52 0.50 0.55 0.52
2023	1.96	0.48 0.47 0.50 0.50
2022	1.81	0.92 0.43 0.46
2021	1.58	0.58 1.00
2020	1.23	0.95 0.28
2019	1.86	0.92 0.94
2018	1.91	0.94 0.97
2017	1.83	0.87 0.96
2016	1.79	0.89 0.90

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	18,372	17,384	17,074	17,543
Receivables	18,411	19,041	14,680	15,379
Inventory	6,695	6,773	5,819	7,449
Other	7,071	3,963	8,659	9,821
	50,549	47,160	46,231	50,193

	2023	2024	2025	Q'26
Payables	22,354	23,906	22,923	23,230
ST’ Debt	7,590	9,544	9,462	8,978
Other	6,038	5,464	4,570	6,741
	39,027	40,933	38,772	40,697

Compound Annual Growth %

	10y	5y	3y
Sales	2.14%	13.01%	(12.42%)
Cash Flow	1.33%	22.32%	(6.41%)
Earnings	0.00%	0.00%	(41.36%)
Book Value	0.02%	6.88%	0.87%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	23,479	26,356	—	—	—
’25	24,193	21,707	24,016	24,702	94,618
’24	25,155	24,830	23,109	25,609	98,703
’23	29,388	21,603	24,652	26,977	102,619
’22	36,465	33,851	37,840	32,697	140,853
’21	17,842	20,050	22,704	31,415	92,011
’20	15,540	9,254	12,298	14,252	51,343

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1,670	4,954	—	—	—
’25	2,513	4,187	3,797	4,585	15,082
’24	2,067	4,906	3,442	3,751	14,167
’23	3,201	4,895	3,815	4,452	16,363
’22	3,477	4,272	5,211	5,436	18,396
’21	1,659	3,273	3,353	6,931	15,216
’20	1,076	1,543	1,864	1,026	5,508

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(1,166)	2,407	—	—	—
’25	597	1,676	2,702	1,268	6,244
’24	199	2,750	1,183	2,342	6,473
’23	959	2,120	1,813	1,665	6,557
’22	1,949	2,421	3,301	2,408	10,080
’21	392	1,875	2,013	4,988	9,267
’20	(674)	481	652	(242)	217

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.80	2.53	—	—	—
’25	0.76	0.36	0.56	0.02	1.76
’24	0.80	0.41	0.35	0.15	1.71
’23	1.50	0.17	1.24	0.11	3.03
’22	2.24	2.28	3.37	0.39	8.28
’21	0.58	0.14	0.78	2.42	4.00
’20	(1.81)	(2.71)	(0.33)	(0.66)	(5.46)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	24.73	29.44	29.75	28.54	12.10	19.76	20.38	25.10	26.12	24.65	Analyst estimates 2026–2028 Powerpack
	High	33.38	34.62	40.15	36.34	32.19	29.76	32.56	34.29	34.30	38.47
People
People	Employees	33,536	32,934	31,701	32,053	31,495	32,689	32,188	33,142	32,492	32,349
	Revenue/emp, $m	1.87	2.44	2.87	2.48	1.63	2.81	4.38	3.10	3.04	2.92
Income, $m
Income, $m	Revenue	62,736	80,225	90,864	79,566	51,343	92,011	140,853	102,619	98,703	94,618
	Gross margin, %	22.17	26.09	27.71	28.39	25.35	28.57	23.31	22.13	22.04	19.82
	EBT	987	7,736	11,936	6,436	(6,829)	12,641	23,231	11,070	7,022	6,537
	EBT margin, %	1.57	9.64	13.14	8.09	(13.30)	13.74	16.49	10.79	7.11	6.91
	Net income	(1,155)	3,817	4,886	174	(9,856)	6,909	14,709	5,260	2,991	3,120
	Depreciation	8,365	8,458	8,253	9,079	8,343	8,356	7,591	8,095	8,224	8,315
Per share, $
Per share, $	Revenue	34.84	44.56	50.46	44.30	28.74	51.60	80.87	62.12	62.33	62.56
	Earnings	(0.64)	2.15	2.76	0.09	(5.48)	4.00	8.28	3.05	1.73	1.76
	Cash flow	4.72	6.35	8.95	7.73	3.08	8.53	10.56	9.91	8.95	9.97
	Capex	(5.63)	(3.72)	(5.26)	(5.05)	(2.96)	(3.34)	(4.77)	(5.94)	(4.86)	(5.84)
	Free cash flow	(0.91)	2.63	3.69	2.68	0.12	5.20	5.79	3.97	4.09	4.13
	Book value	32.63	30.18	33.50	29.87	23.98	29.54	33.41	35.15	38.03	39.49
	Shares, m	1,801	1,801	1,801	1,796	1,786	1,783	1,742	1,652	1,584	1,512
Valuation, ×
Valuation, ×	P/E	0.00	15.42	11.59	281.45	0.00	7.05	3.47	11.22	15.82	22.06
	P/S	0.94	0.75	0.62	0.70	0.72	0.54	0.36	0.55	0.44	0.61
	P/B	1.00	1.11	0.94	1.04	0.86	0.94	0.86	0.97	0.72	0.96
	EV/Sales	1.20	0.91	0.73	0.86	0.97	0.71	0.42	0.67	0.60	0.77
	EV/FCF	(45.90)	15.46	10.05	14.29	230.16	7.01	5.86	10.54	9.09	11.62
Cash, $m
Cash, $m	Operating cash flow	8,491	11,435	16,117	13,879	5,508	15,216	18,396	16,363	14,167	15,082
	Capex	(10,138)	(6,707)	(9,478)	(9,066)	(5,291)	(5,949)	(8,316)	(9,807)	(7,694)	(8,837)
	Free cash flow	(1,647)	4,728	6,640	4,813	217	9,267	10,080	6,557	6,473	6,244
Balance, $m
Balance, $m	Working capital	11,370	13,222	13,071	5,897	10,471	17,110	13,570	11,522	6,227	7,459
	Total debt	30,143	27,926	30,547	27,460	30,483	32,883	28,360	31,093	32,885	32,247
	Net debt	16,777	12,575	10,011	13,176	13,156	15,663	8,967	12,721	15,501	15,173
	Shareholders’ equity	58,745	54,344	60,317	53,648	42,828	52,670	58,190	58,059	60,217	59,723
Returns, %
Returns, %	ROA	(1.13)	2.85	3.61	0.12	(7.49)	4.78	9.05	3.28	1.81	1.88
	ROIC	1.98	8.46	10.48	6.74	(4.18)	13.35	17.17	7.89	4.68	4.73
	ROE	(2.74)	6.74	8.50	0.29	(20.45)	14.42	26.40	8.88	4.80	4.92

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SHEL Shell PLC Unsponsored ADR	$294.9B	11.6×	—	+45.02% (above 0%: growing)	+218.03% (above 0%: growing)	+173.92% (above 0%: growing)	27.23%	17.51%	Compare
TTE TotalEnergies SE Sponsored ADR	$196.8B	11.3×	7.6×	+27.80% (above 0%: growing)	+106.78% (above 0%: growing)	+464.21% (above 0%: growing)	32.91%	13.37%	Compare
BP BP p.l.c.	$124.8B	23.9×	8.0×	+47.06% (above 0%: growing)	+140.32% (above 0%: growing)	+144.15% (above 0%: growing)	27.64%	12.75%	Compare
EQNR Equinor ASA	$107.4B	12.8×	7.6×	+39.90% (above 0%: growing)	+298.00% (above 0%: growing)	+1,548.80% (above 0%: growing)	54.71%	36.94%	Compare
PBR Petroleo Brasileiro S.A.- Petrobras	$94.1B	6.6×	—	+59.75% (above 0%: growing)	+118.92% (above 0%: growing)	+149.36% (above 0%: growing)	58.00%	42.41%	Compare
E Eni SpA	$83.7B	14.8×	9.3×	+21.42% (above 0%: growing)	+616.67% (above 0%: growing)	+43.60% (above 0%: growing)	21.45%	5.19%
PBR.A Petroleo Brasileiro S.A.- Petrobras	$61.6B	5.9×	—	+59.75% (above 0%: growing)	+118.92% (above 0%: growing)	+149.36% (above 0%: growing)	58.00%	42.41%	Compare
CVE Cenovus Energy Inc	$59.0B	12.6×	8.7×	+41.33% (above 0%: growing)	+226.47% (above 0%: growing)	+18,996.54% (above 0%: growing)	42.35%	23.60%	Compare
EC Ecopetrol S.A.	$36.4B	14.2×	5.2×	+103.23% (above 0%: growing)	+22.58% (above 0%: growing)	+32.18% (above 0%: growing)	40.10%	31.80%	Compare
Median of peers	$100.8B	12.1×	7.6×	+46.04%	+129.62%	+161.64%	41.23%	27.70%

All 19 Oil & Gas Integrated stocks →

Eni SpA (E) key facts

Concern: Eni SpA’s revenue for fiscal 2025 (year ended December 2025) was $94.6 billion, down 4.14% from fiscal 2024.
Eni SpA (E) is an Oil & Gas Integrated company in the Energy sector, traded in the US as an ADR.
As of October 16, 2026, E traded at $59.10, a market capitalization of $83.7 billion.
Eni SpA pays an annual dividend of $2.46 per share, a yield of 4.16%, with a payout ratio of 62.9%.
Return on equity was 4.92% and debt-to-equity 0.55.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 1.52 (distress zone) for fiscal 2025.