Telefonica SA TELFY

3.88 0.09 2.37% as of 25 Sep
Market cap
$21.5B
P/E
0.0×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 21,480.00
Revenue 39,314.47
Net Income 0.00
Free Cash Flow 1,786.48
Net Debt 30,772.02
Current Ratio 0.92
Debt/Equity 1.84
P/E ratio 0.00
P/S ratio 0.55
P/B ratio 1.02
Past 5Y EPS Growth (12.18%)
This Y EPS Growth 626.93%
Next Y EPS Growth 21.19%
Next 5Y EPS Growth (0.74%)
in millions of $

Dividends

Payout Ratio 1.15
Annual Dividend Rate 0.32
Annual Dividend Yield 8.46%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.17
0.17
2025 0.35
0.17
0.17
2024 0.32
0.16
0.16
2023 0.33
0.16
0.16
2022 0.32
0.16
0.16
2021 0.40
0.24
0.17
2020 0.46
0.22
0.24
2019 0.45
0.23
0.22
2018 0.46
0.23
0.23
2017 0.46
0.22
0.24
2016 0.81
0.45
0.36
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 8,906 10,672 8,411 8,494
Receivables 12,257 12,352 11,913 12,525
Inventory 1,005 1,032 975 1,037
Other — — — —
22,464 24,205 24,896 23,061
2023 2024 2025 Q'26
Payables 15,106 15,805 14,643 13,663
ST’ Debt 4,006 6,049 4,773 4,910
Other 1,727 1,802 2,149 2,502
25,325 27,847 28,101 25,053
in millions of $

Compound Annual Growth

10y 5y 3y
Sales (2.73%) (4.19%) (1.94%)
Cash Flow (3.13%) (6.11%) (3.90%)
Earnings 0.00% 0.00% 0.00%
Book Value (4.09%) (0.69%) (15.51%)

Revenue

Mar Jun Sep Dec Year
’26 9,848 9,610 — — —
’25 9,714 10,163 10,471 9,386 39,735
’24 11,009 11,345 11,021 11,332 44,707
’23 10,782 11,049 11,233 10,933 43,998
’22 10,560 10,685 10,417 10,475 42,137
’21 12,466 11,863 10,964 10,993 46,469
’20 12,952 11,726 12,228 12,301 49,206
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 1,723 2,457 — — —
’25 1,935 3,111 2,503 3,451 10,999
’24 2,402 2,552 2,875 4,067 11,897
’23 2,470 3,297 3,199 3,641 12,608
’22 2,248 2,795 2,609 4,741 12,394
’21 3,082 3,078 2,736 3,095 12,148
’20 2,492 3,330 4,596 4,655 15,074
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 1,723 (171) — — —
’25 1,935 688 856 1,800 5,280
’24 740 971 1,638 2,573 5,922
’23 965 1,485 1,607 2,218 6,275
’22 1,009 1,233 1,362 2,986 6,590
’21 448 1,434 948 3,095 4,855
’20 563 1,414 4,596 (3,364) 7,055
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.11) 0.00 — — —
’25 (0.25) (0.02) 0.06 (0.68) (0.92)
’24 0.09 0.08 (0.01) (0.20) (0.06)
’23 0.07 0.08 0.09 (0.42) (0.22)
’22 0.14 0.05 0.07 0.08 0.33
’21 0.18 1.65 0.14 (0.25) 1.63
’20 0.07 0.08 (0.05) 0.19 0.27
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

3.2
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
8.15 9.15 7.70 6.50 3.22 4.05 3.10 3.60 3.82 3.89

Analyst estimates 2026–2028

Powerpack
Low Price
11.43 11.64 10.57 9.01 7.11 5.17 5.39 4.53 4.93 5.72
High Price
132,120 122,718 120,138 113,819 112,797 104,150 103,651 104,142 100,870 82,655
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
57,583 58,785 57,506 54,233 49,206 46,469 42,137 43,998 44,707 39,735
Revenue
70.71% 71.12% 71.22% 71.84% 69.79% 68.79% 67.64% 67.29% 67.62% 65.40%
Gross Margin
3,591 5,196 6,579 3,044 2,951 14,310 3,119 (1,594) 603 (1,587)
EBT
6.24% 8.84% 11.44% 5.61% 6.00% 30.79% 7.40% (3.62%) 1.35% (3.99%)
EBT Margin
0 0 0 0 0 0 0 0 0 0
Net Income
— — — — — — — — — —
Depreciation
11.38 11.50 11.22 10.59 8.99 8.11 7.34 7.76 7.93 7.05
Revenue/Sh
0.46 0.63 0.67 0.19 0.27 1.63 0.33 (0.22) (0.06) (0.92)
Earnings/Sh
2.92 3.05 3.09 3.29 2.76 2.12 2.16 2.22 2.11 1.95
Cash Flow/Sh
(2.01) (1.99) (1.98) (1.68) (1.47) (1.27) (1.01) (1.12) (1.06) (1.01)
Capex/Sh
0.91 1.06 1.11 1.61 1.29 0.85 1.15 1.11 1.05 0.94
Free CF/Sh
6.21 5.89 6.22 5.57 3.81 5.93 5.82 5.17 4.37 3.57
Book Value/Sh
5,061 5,110 5,127 5,119 5,471 5,727 5,740 5,668 5,636 5,637
Shares
66.57 14.26 10.90 25.02 13.93 2.46 10.68 0.00 0.00 0.00
PE Ratio
0.86 0.89 0.75 0.66 0.45 0.52 0.49 0.51 0.51 0.57
PS Ratio
1.50 1.80 1.36 1.25 1.06 1.44 0.62 0.77 0.92 1.13
PB Ratio
2.01 1.97 1.72 1.55 1.43 1.67 1.23 1.22 1.21 1.34
EV/Sales
6.61 10.75 17.26 10.19 59.02 (36.89) 7.86 8.55 9.11 14.07
EV/FCF
14,760 15,594 15,853 16,825 15,074 12,148 12,394 12,608 11,897 10,999
Op' Cash Flow
(10,166) (10,164) (10,139) (8,578) (8,019) (7,293) (5,803) (6,333) (5,974) (5,719)
Capex
4,594 5,430 5,714 8,247 7,055 4,855 6,590 6,275 5,922 5,280
FCF
(17,127) (10,325) (7,451) (6,567) 6,326 (670) (538) (2,861) (3,641) (3,204)
Working Cap'
66,795 63,010 64,603 58,648 57,595 50,039 41,174 40,111 41,966 38,851
Total Debt
59,392 54,707 55,272 48,383 48,343 35,351 30,965 31,205 31,294 30,440
Net Debt
31,411 30,086 31,863 28,504 20,858 33,936 33,408 29,326 24,617 20,148
Sh' Equity
1.71% 2.42% 2.61% 0.96% 1.43% 7.49% 1.55% (1.09%) (0.31%) (4.87%)
ROA
4.17% 5.66% 5.52% 4.13% 4.27% 14.50% 4.15% 2.90% 2.90% 1.84%
ROIC
7.54% 10.49% 11.17% 4.24% 7.32% 34.05% 5.64% (3.95%) (1.28%) (23.17%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Telefonica SA (TELFY) key facts

  • Telefonica SA (TELFY) is a Telecom Services company in the Communication Services sector, traded in the US as an ADR.
  • Telefonica SA’s revenue for fiscal 2025 (year ended December 2025) was EUR 39.7 billion, down 11.1% from fiscal 2024.
  • As of September 25, 2026, TELFY traded at $3.88, a market capitalization of $21.5 billion.
  • Telefonica SA pays an annual dividend of $0.32 per share, a yield of 8.46%, with a payout ratio of 115.5%.
  • Return on equity was −23.2% and debt-to-equity 1.84.

Source: company filings (standardised) and stockrow calculations.

Telefonica SA (TELFY) Latest News

News by impact score

Fine-tune

6 Aug

3

AST SpaceMobile expands across Europe through partnerships with major mobile network operators including Telefonica SA to advance satellite-based connectivity. Partnership grants Telefonica access to satellite services that may enhance European coverage and operations.

29 Jul

4

Telefonica SA posted strong growth in Spain and Brazil during Q2 2026. Strong growth in core markets Spain and Brazil signals major positive shifts in revenue trajectory and investor outlook.

3

Telefonica SA Q2 earnings call highlighted revenue, profit metrics, operational updates and strategic outlook for the telecom operator. Quarterly earnings updates supply financial performance data that can shift near-term investor views on the company.

1 Jul

4

UK competition watchdog fast-tracks review of £2bn Netomnia deal involving Telefonica SA. Fast-track regulatory review of £2bn deal may significantly alter Telefonica's UK operations and market position.

3

Virgin Media O2's £2bn bid to rival BT faces a competition investigation. Competition probe risks delaying Virgin Media O2 expansion and raises costs for Telefonica's UK joint venture.

3

Virgin Media O2's £2bn bid to rival BT faces a competition investigation that may delay or alter the project. Competition probe into Virgin Media O2's bid creates regulatory hurdles potentially slowing its rivalry with BT.

27 Jun

3

Ciena and Telefónica deploy AI agents to automate and optimize 5G service design. AI deployment in 5G design strengthens Telefónica operational capabilities and market positioning.

17 Jun

3

Telefónica SA advances home connectivity via commitment to Wi-Fi excellence enabled by AXON Networks. Wi-Fi excellence initiative with AXON Networks targets product innovation in home connectivity for Telefónica.

3

Telefónica SA advances home Wi-Fi performance via AXON Networks technology to redefine connectivity offerings. Wi-Fi upgrade initiative may improve service quality and customer retention but remains incremental to core operations.

15 May

4

Telefónica partners with OpenAI on cybersecurity, adding a new dimension to its turnaround strategy amid efforts to revitalize operations. OpenAI cybersecurity partnership constitutes a major strategic alliance enhancing Telefónica's innovation and competitive positioning in turnaround.

3 transcript

Telefonica SA released Q1 earnings call highlights covering financial results and operational updates. Q1 earnings updates can shift near-term investor views on Telefonica's performance.

14 May

4

Telefónica executes major turnaround via debt reduction, asset sales like Hispasat, cost cuts, and focus on core Europe and Brazil markets, improving profitability and free cash flow under new leadership. Strategic restructuring, debt halving, and operational efficiencies represent major moves to alter the company's trajectory and enhance investor sentiment.

4

Telefonica SA (TELFY) reported Q1 2026 revenue growth and debt reduction in earnings call highlights amid ongoing challenges. Revenue growth and debt reduction represent major financial improvements boosting long-term stability and investor sentiment.

12 May

3

OpenAI grants European companies, including Telefonica SA, access to its latest AI models to bolster business resilience. OpenAI model access moderately enhances Telefonica's AI integration, operational resilience, and competitive positioning in European telecom.

14 Apr

4

Pericles Capital serves as lead financial advisor to a U.S.-led consortium acquiring Movistar Mexico from Telefonica SA. Divestiture of Movistar Mexico represents a major strategic asset sale that streamlines Telefonica SA's operations and bolsters financial position.

7 Apr

4

A U.S.-led consortium agreed to acquire Movistar Mexico from Telefonica SA to build the country’s next-generation telecom operator powered by OXIO’s Telecom-as-a-Service platform. Divestiture of Movistar Mexico enables Telefonica to reduce debt, streamline operations, and focus on core markets, significantly boosting financial health and investor sentiment.

28 Mar

3

Telefonica's Annual General Meeting approved all board proposals, confirmed a €0.15 per share dividend, and endorsed the company's ongoing transformation strategy. AGM approval confirms stable dividend payout and backs transformation efforts, providing moderate support to financial performance and strategic positioning.

25 Mar

4

Telefónica launches V-16 IoT rollout to drive long-term value creation. V-16 IoT rollout signals major strategic product launch enhancing Telefonica's competitive edge in growing IoT market.

4

Virgin Media O2 threatens to halt broadband network expansion if regulators block a £2bn deal involving Telefonica SA. VMO2's threat to stop broadband rollout if the £2bn deal fails jeopardizes Telefonica's UK joint venture operations and strategic divestment plans.

4

Virgin Media O2 threatens to halt broadband network expansion if regulators block its £2bn infrastructure deal. Threatened halt to broadband buildout from blocked £2bn deal risks stalling Telefonica's UK growth and competitive positioning.

3 Mar

4

Aduna accelerates global Network API adoption through major ecosystem expansion announced at MWC. Major ecosystem expansion at MWC strengthens Telefonica's competitive position in the emerging Network API market.

1 Mar

4

Red Hat is driving Telefónica Spain’s network and IT transformation by implementing Red Hat OpenShift as the common platform across its operations. Red Hat OpenShift adoption as a unified platform enables major network and IT modernization, enhancing Telefónica Spain’s efficiency, scalability, and competitive edge.

28 Feb

4

Nokia secured an exclusive deal with Telefónica to deploy AI-powered networks, enabling the telecom operator to enhance automation, efficiency, and innovation across its operations. Exclusive AI network deal with Nokia represents a major strategic upgrade for Telefónica's infrastructure, poised to drive competitive advantages and positive investor sentiment.

26 Feb

4

Nokia will deploy AI-ready network solutions in Telefónica's edge data centers throughout Spain. Nokia's deployment of AI-ready networks across Telefónica's Spanish edge data centers represents a major infrastructure upgrade enhancing AI capabilities and competitive positioning.

25 Feb

4

Telefonica SA released highlights from its Q4 earnings call, covering financial results, strategic updates, and future guidance. Q4 earnings call highlights detail financial performance and strategic shifts influencing investor sentiment and trajectory.

24 Feb

4

Telefónica incurs major impairment charges and restructuring costs on assets in Brazil and elsewhere to slash debt, simplify operations, and reposition for growth in Europe and Spanish-speaking Latin America. Major impairments and restructuring fundamentally reshape Telefónica's balance sheet, strategy, and investor appeal.

4

Telefonica SA (TELFY) reported strong financial performance in Q4 2025 earnings call highlights, emphasizing robust results and strategic advancements. Strong Q4 financial performance directly boosts investor sentiment and signals positive trajectory for Telefonica SA.

4

Telefonica SA reported Q4 earnings with revenue of €10.36 billion, down 3.1% year-over-year, net income of €536 million versus €1.11 billion loss last year, EBITDAaL of €3.81 billion, down 1.6%, and free cash flow of €1.19 billion. Q4 earnings reveal revenue decline and profitability recovery, significantly shaping investor outlook and stock trajectory.

3

Telefonica SA's net loss widened due to restructuring costs. Wider net loss from restructuring costs moderately affects short-term financial performance amid strategic changes.

3

Telefonica SA's net loss widened, but adjusted earnings rose. Wider net loss highlights financial pressures, while rising adjusted earnings offers mitigation, yielding moderate impact on performance.

stockrow.com/TELFY · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com