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%
Market cap
$35.2B
P/E
—
Fwd P/E
—
Dividend yield
—
F-score
n/a
Altman Z
1.92
Beneish M
−2.57
Dividend safety
n/a

Insider Decisions trades per month

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

Capital & Financial Ratios $m

Market Cap 35,230.00
Revenue —
Net Income 5,422.59
Free Cash Flow 3,326.85
Net Debt 7,776.14
Current Ratio 1.20
Debt/Equity 1.43
P/E ratio —
Fwd P/E —
P/S ratio —
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth (15.24%) (below 0%: weak)
Next Y EPS Growth 17.34% (at or above 15%: strong)
Next Y revenue growth 4.36%
Next 5Y EPS Growth 4.83%

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

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2028 Powerpack
2027 Powerpack
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 0.76
0.31
0.45
2022 0.70
0.29
0.40
2021 0.59
0.24
0.35
2020 0.57
0.34
0.23
2019 0.45
0.45
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash — 5,224 4,832 4,507
Receivables — 2,463 2,586 2,690
Inventory — 532 611 692
Other — 82 241 29
— 8,302 8,271 7,918
2023 2024 2025 Q'26
Payables — 1,927 2,040 2,121
ST’ Debt — 1,294 1,212 335
Other — 1,129 1,221 1,024
— 6,818 7,313 6,611

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — —
Earnings — — —
Book Value — — —

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 10,892
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 2,179
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — 821 — — —
’25 — 112 — 1,440 1,440
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 1.40
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell

Ten 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
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.

All 10 years →

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%

All 51 Engineering & Construction stocks →

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.

Source: company filings (standardised) and stockrow calculations.

Ferrovial N.V. (FER) Latest News

28 Jul

8 May

12 Dec

stockrow.com/FER · Data as of Dec 31, 2025 · For information only; not investment advice. · © 2026 stockrow.com