stockrow
Friday 6 November 2026
Export FER’s income statement to Excel — free account
Ferrovial N.V.
FER Industrials Engineering & Construction
Ferrovial N.V.’s revenue for fiscal 2025 (year ended December 2025) was $10.9 billion, up 10.0% from fiscal 2024.
59.32
0.37
+0.63%
Follow FER
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | — | — | 9,899 | 10,892 | — | +10.0% | 11,383 | 11,817 | 12,346 | +4.3% | |
| Gross margin, % | — | — | — | — | — | — | — | — | 87.81 | 88.32 | — | +0.5 pt | ||||||
| EBT | — | — | — | — | — | — | — | — | 3,918 | 1,211 | — | (69.1%) | ||||||
| EBT margin, % | — | — | — | — | — | — | — | — | 39.58 | 11.11 | — | (28.5) pt | ||||||
| Net income | — | — | — | — | — | — | — | 0 | 3,505 | 1,005 | 5,423 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | — | — | — | 13.67 | 15.15 | — | +10.9% | |||||
| Earnings | — | — | — | — | — | — | — | — | 4.84 | 1.40 | — | (71.1%) | ||||||
| Cash flow | — | — | — | — | — | — | — | — | 1.93 | 3.03 | 0.00 | +56.9% | ||||||
| Capex | — | — | — | — | — | — | — | — | (0.62) | (1.03) | 0.00 | +67.0% | ||||||
| Free cash flow | — | — | — | — | — | — | — | — | 1.32 | 2.00 | 0.00 | +52.2% | ||||||
| Book value | — | — | — | — | — | — | — | — | 12.13 | 12.07 | 0.00 | (0.6%) | ||||||
| Shares, m | — | — | — | — | — | — | — | — | 724 | 719 | — | (0.8%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | — | — | — | — | — | |||||
| P/S | — | — | — | — | — | — | — | — | — | — | — | — | ||||||
| P/B | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| EV/Sales | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| EV/FCF | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 2.34 | 0.0 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | — | — | 1,399 | 2,179 | 5,082 | +55.7% | |||||
| Capex | — | — | — | — | — | — | — | — | (446) | (739) | (1,755) | +65.7% | ||||||
| Free cash flow | — | — | — | — | — | — | — | — | 953 | 1,440 | 3,327 | +51.1% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | — | — | 1,484 | 957 | 1,307 | (35.5%) | |||||
| Net debt | — | — | — | — | — | — | — | — | 7,169 | 7,213 | 7,776 | +0.6% | ||||||
| Shareholders’ equity | — | — | — | — | — | — | — | — | 8,787 | 8,672 | 8,599 | (1.3%) | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | — | — | — | — | 22.34 | 3.22 | — | (19.1) pt | |||||
| ROIC | — | — | — | — | — | — | — | — | 13.18 | 5.24 | 0.00 | (7.9) pt | ||||||
| ROE | — | — | — | — | — | — | — | — | 0.00 | 11.51 | — | +11.5 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | — | 24,799 | 25,501 | 22,609 | — | (4.5%) | |||||
| Revenue/emp, $m | — | — | — | — | — | — | — | 0.00 | 0.39 | 0.48 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025
Ferrovial N.V. vs peers in Engineering & Construction (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PWR Quanta Services, Inc. | $76.7B | 45.3× | 48.3× | +57.44% (above 0%: growing) | +105.97% (above 0%: growing) | +188.85% (above 0%: growing) | 16.71% | 8.54% | Compare |
| FER Ferrovial N.V. | $42.7B | — | — | — | — | — | — | — | |
| FIX Comfort Systems USA, Inc. | $33.8B | 20.8× | 24.3× | +53.67% (above 0%: growing) | +68.64% (above 0%: growing) | +55.22% (above 0%: growing) | 24.81% | 16.58% | Compare |
| EME EMCOR Group, Inc. | $26.1B | 17.2× | 19.7× | +28.83% (above 0%: growing) | +37.55% (above 0%: growing) | +68.93% (above 0%: growing) | 20.00% | 9.85% | Compare |
| APG APi Group Corporation | $17.3B | — (loss-making) | 48.5× | +22.49% (above 0%: growing) | +32.25% (above 0%: growing) | −0.98% (below 0%: shrinking) | 30.15% | 7.91% | Compare |
| J Jacobs Solutions Inc. | $17.3B | 51.3× | 40.6× | +34.46% (above 0%: growing) | −25.16% (below 0%: shrinking) | +59.31% (above 0%: growing) | 19.89% | 7.03% | Compare |
| MTZ MasTec, Inc. | $12.8B | 25.1× | 32.3× | +29.88% (above 0%: growing) | +2.46% (above 0%: growing) | +473.20% (above 0%: growing) | 12.83% | 5.35% | Compare |
| TTEK Tetra Tech, Inc. | $10.4B | 24.2× | 23.8× | −4.47% (below 0%: shrinking) | −2.33% (below 0%: shrinking) | −34.95% (below 0%: shrinking) | 18.59% | 12.07% | Compare |
| ACM AECOM | $8.6B | 30.2× | 24.2× | −14.18% (below 0%: shrinking) | n/m | −78.95% (below 0%: shrinking) | (0.95%) | (2.12%) | Compare |
| Median of peers | $17.3B | 25.1× | 28.3× | +29.36% | +32.25% | +57.27% | 19.24% | 8.23% |