Saturday 17 October 2026
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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. Member of the Nasdaq 100.
49.41
0.55
+1.13%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 17.31 | 17.85 | 14.30 | 19.65 | 22.15 | 24.50 | 22.00 | 25.18 | 35.30 | 40.07 |
Analyst estimates 2026–2028 Powerpack |
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| High | 23.50 | 23.25 | 23.41 | 30.33 | 32.35 | 32.20 | 28.25 | 38.07 | 48.29 | 68.09 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | — | 24,799 | 25,501 | 22,609 | ||||
| Revenue/emp, $m | — | — | — | — | — | — | — | 0.00 | 0.39 | 0.48 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | — | — | 9,899 | 10,892 | ||||
| Gross margin, % | — | — | — | — | — | — | — | — | 87.81 | 88.32 | |||||
| EBT | — | — | — | — | — | — | — | — | 3,918 | 1,211 | |||||
| EBT margin, % | — | — | — | — | — | — | — | — | 39.58 | 11.11 | |||||
| Net income | — | — | — | — | — | — | — | 0 | 3,505 | 1,005 | |||||
| Depreciation | — | — | — | — | — | — | — | — | 477 | 554 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | — | — | — | 13.67 | 15.15 | ||||
| Earnings | — | — | — | — | — | — | — | — | 4.84 | 1.40 | |||||
| Cash flow | — | — | — | — | — | — | — | — | 1.93 | 3.03 | |||||
| Capex | — | — | — | — | — | — | — | — | (0.62) | (1.03) | |||||
| Free cash flow | — | — | — | — | — | — | — | — | 1.32 | 2.00 | |||||
| Book value | — | — | — | — | — | — | — | — | 12.13 | 12.07 | |||||
| Shares, m | — | — | — | — | — | — | — | — | 724 | 719 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | — | — | — | ||||
| P/S | — | — | — | — | — | — | — | — | — | — | |||||
| P/B | — | — | — | — | — | — | — | — | 0.00 | 0.00 | |||||
| EV/Sales | — | — | — | — | — | — | — | — | 0.00 | 0.00 | |||||
| EV/FCF | — | — | — | — | — | — | — | — | 0.00 | 0.00 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | — | — | 1,399 | 2,179 | ||||
| Capex | — | — | — | — | — | — | — | — | (446) | (739) | |||||
| Free cash flow | — | — | — | — | — | — | — | — | 953 | 1,440 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | — | — | 1,484 | 957 | ||||
| Total debt | — | — | — | — | — | — | — | — | 12,393 | 12,045 | |||||
| Net debt | — | — | — | — | — | — | — | — | 7,169 | 7,213 | |||||
| Shareholders’ equity | — | — | — | — | — | — | — | — | 8,787 | 8,672 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | — | — | — | — | 22.34 | 3.22 | ||||
| ROIC | — | — | — | — | — | — | — | — | 13.18 | 5.24 | |||||
| ROE | — | — | — | — | — | — | — | — | 0.00 | 11.51 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025
Charts ten years each
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. | $96.6B | 71.2× | 71.8× | +41.10% (above 0%: growing) | +95.45% (above 0%: growing) | +405.61% (above 0%: growing) | 16.17% | 7.27% | Compare |
| FIX Comfort Systems USA, Inc. | $52.1B | 35.4× | 42.7× | +50.26% (above 0%: growing) | +91.74% (above 0%: growing) | +349.76% (above 0%: growing) | 25.85% | 17.09% | Compare |
| FER Ferrovial N.V. | $35.2B | — | — | — | — | — | — | — | |
| EME EMCOR Group, Inc. | $32.3B | 22.3× | 28.0× | +19.76% (above 0%: growing) | +34.87% (above 0%: growing) | +55.56% (above 0%: growing) | 19.83% | 10.62% | Compare |
| APG APi Group Corporation | $17.6B | — (loss-making) | 36.8× | +13.27% (above 0%: growing) | +23.53% (above 0%: growing) | −12.90% (below 0%: shrinking) | 31.19% | 7.76% | Compare |
| J Jacobs Solutions Inc. | $16.6B | 49.7× | 28.3× | +34.46% (above 0%: growing) | −25.16% (below 0%: shrinking) | +59.31% (above 0%: growing) | 19.89% | 7.03% | Compare |
| MTZ MasTec, Inc. | $15.4B | 30.1× | 53.1× | +23.38% (above 0%: growing) | +51.82% (above 0%: growing) | −31.15% (below 0%: shrinking) | 12.72% | 5.17% | Compare |
| STRL Sterling Infrastructure, Inc. | $13.7B | 30.1× | 52.6× | +90.11% (above 0%: growing) | +118.03% (above 0%: growing) | +55.30% (above 0%: growing) | 24.82% | 18.77% | Compare |
| IESC IES Holdings, Inc. | $10.6B | 22.1× | 36.6× | +39.60% (above 0%: growing) | +98.70% (above 0%: growing) | −14.63% (below 0%: shrinking) | 27.41% | 14.37% | Compare |
| Median of peers | $17.1B | 30.1× | 39.8× | +37.03% | +71.78% | +55.43% | 22.36% | 9.19% |
Ferrovial N.V. (FER) key facts
- Concern: Net income was $1.0 billion, or $1.40 per share (basic), a net margin of 9.22%.
- Strength: Ferrovial N.V.’s revenue for fiscal 2025 (year ended December 2025) was $10.9 billion, up 10.0% from fiscal 2024.
- Ferrovial N.V. (FER) is an Engineering & Construction company in the Industrials sector, listed on Nasdaq.
- As of October 16, 2026, FER traded at $49.41, a market capitalization of $35.2 billion.
- Return on equity was 11.5% and debt-to-equity 1.43.
- Its Altman Z-score is 1.92 (grey zone) for fiscal 2025.