Eni SpA

E Energy Oil & Gas Integrated

Eni SpA’s revenue for fiscal 2025 (year ended December 2025) was $94.6 billion, down 4.14% from fiscal 2024.

Revenue
+24.8%
EPS
+380.2%
Free cash flow
+26.4%
Total debt
+15.8%

Quarter to September 2026, against a year earlier

55.84 0.70 −1.24%
Market cap
$81.2B
P/E
8.9×
Fwd P/E
8.8×
Dividend yield
4.41%
F-score
7/9
Altman Z
1.52
Beneish M
−2.97
Dividend safety
34/100

Eni SpA (E) Gross margin

Alert me on Gross margin

Eni SpA's gross margin over the twelve months to 30 September 2026 was 19.5%, down 0.3 percentage points from fiscal 2025 (19.8%). Over the past ten years it has ranged from 19.8% (fiscal 2025) to 28.6% (fiscal 2021) — the current reading is the lowest in ten years. That is below the Oil & Gas Integrated industry median of 39.9% and below the Energy sector median of 42.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 19.8% (2.22)
FY2024 22.0% (0.09)
FY2023 22.1% (1.18)
FY2022 23.3% (5.26)
FY2021 28.6% 3.22
FY2020 25.4% (3.04)
FY2019 28.4% 0.68
FY2018 27.7% 1.62
FY2017 26.1% 3.92
FY2016 22.2% 0.47

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 20.6% (0.86)
Jun 2026 21.5% 1.82
Mar 2026 19.6% 3.47
Dec 2025 16.2% (3.47)
43 more quarters

Against its own ten years

Low 19.8% High 28.6%
Ten-year median 23.3%
Current reading's percentile 14

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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