Acea S.p.A.

Acea S.p.A.

ACEJF
Acea S.p.A.US flagOther OTC
23.30
USD
- -
- -
4.95BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
15.13
13.82
13.22
12.81
12.6
13.4
14.29
15.16
18.06
23.65
21.11
12.88
12.95
11.42
Basic EPS, GAAP
0.67
0.76
0.82
1.23
0.85
1.27
1.33
1.34
1.47
1.32
1.38
1.56
2.26
2.32
Free Cash Flow per Basic Share
2.09
3.04
3.21
3.03
1.47
3.4
3.61
3.89
3.57
-0.81
-0.15
1.51
8.31
4.33
Dividend per Share
0.36
0.21
0.47
0.52
0.64
0.65
0.35
0.44
0.46
0.69
0.68
0.69
0.75
0.01
Book Value per Share
7.63
8.13
8.39
9.05
9.04
8.94
9.13
9.69
9.92
9.96
10.1
9.11
10.41
10.86
Tangible Book Value per Share
-0.61
-0.62
-0.87
-1
-1.19
-2.44
-3.68
-4.94
-5.62
-6.54
-7.68
-8.37
-8.44
-8.19
Basic Weighted Avg Shares
213
213
213
213
213
213
213
213
213
213
213
213
213
213
Sales/Revenue/Turnover
3,222
2,943
2,814
2,728
2,683
2,853
3,043
3,222
3,839
5,027
4,488
2,743
2,751
2,427
Operating Margin (%)
9.28
11.88
11.2
15.69
11.47
15.28
15.7
16.11
15.88
12.37
14.39
26.92
27.15
28.92
Depreciation Expense
195
204
234
254
329
367
407
494
543
592
646
637
640
646
Net Income, GAAP
142
162
175
262
181
271
284
285
313
280
294
332
481
493
Effective Tax Rate (%)
40.82
41.71
38.75
34.5
33.31
30.4
28.63
29.19
29.95
37.51
31.09
31.64
29.65
30.72
Profit Margin (%)
4.41
5.52
6.22
9.62
6.74
9.5
9.32
8.84
8.16
5.56
6.55
12.09
17.47
20.33
Working Capital
183
830
388
369
-1
131
-196
-149
229
-352
-754
-888
-657
-671
LT Debt
2,361
3,041
2,688
2,797
2,745
3,374
3,552
4,154
4,792
4,722
4,770
4,895
4,925
4,925
Total Equity
1,407
1,502
1,596
1,758
1,811
1,903
2,107
2,323
2,516
2,755
2,823
2,876
3,174
3,288
Return on Invested Capital (%)
4.21
4.6
4.26
6.2
4.21
5.64
5.74
5.66
5.97
4.98
5.4
6.18
6.49
5.52
Return on Capital (%)
4.26
4.72
4.81
7
4.4
5.76
5.39
4.62
4.67
4.01
4.61
4.9
6.8
6.79
Return on Common Equity (%)
9.02
9.68
9.95
14.13
9.38
14.16
14.74
14.23
15.03
13.24
13.79
16.23
23.14
22.66

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
696
725
LT Borrowings
5,480
4,857
4,925
LT Finance Leases
- -
67
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
213
213
213
Market Capitalization
4,221
4,216
4,287

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2,768
2,788
2,777
Cash, Cash Equivalents & STI
673
627
573
Accounts Receivable, Net
900
849
929
Inventories
148
141
140
Total Current Liabilities
2,899
3,445
3,449
Payables & Accruals
- -
- -
- -
ST Debt
- -
696
725
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.17%
6.5%
10.37%
Free Cash Flow
-78.22%
-174.08%
450.99%
Net Income, GAAP
13.6%
12.41%
44.92%
Sales/Revenue/Turnover
1.5%
0.16%
0.29%
Total Cash Common Dividend
7.74%
12.8%
9.14%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,013
390
558
969
2,743
2025
681
359
571
805
2,751
2026
691
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.39
0.42
0.53
- -
1.56
2025
0.46
0.61
0.89
- -
2.26
2026
0.52
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.1
- -
0.69
2025
0.01
- -
- -
- -
0.75
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Fabrizio Palermo
Full Time Employees
226
Sector
Utilities
Industry
Regulated Electric
Address
Piazzale Ostiense 2 Rome RM Italy 00154
IPO Date
Nov 19, 2019
Business
Acea S.p.A. is an Italian multi-utility company primarily engaged in the production, distribution, and sale of electricity, integrated water services, and environmental management. Founded in 1909 and headquartered in Rome, the company operates mainly in Italy, serving approximately 10 million inhabitants with its water services across regions such as Lazio, Tuscany, Umbria, Campania, and Molise, and delivering around 9 TWh of electricity in Rome and surrounding municipalities. Its main products and services include electricity distribution and public lighting management; sale of electricity and natural gas to residential and medium-sized corporate customers; integrated water cycle management encompassing aqueduct, sewerage, and treatment services; environmental services including waste treatment, recycling, composting, and waste-to-energy solutions; and engineering and infrastructure projects spanning the design, construction, and management of energy infrastructures and integrated water systems. The company also develops cogeneration plants powered by natural gas or biogas, photovoltaic and hydroelectric plants, and provides services related to electric mobility and energy efficiency. Acea internationalizes its expertise through a subsidiary focused on water management and engineering services in Latin America, including countries like Peru, Honduras, the Dominican Republic, Colombia, and Ecuador. Recent major company changes include a corporate reorganization effective 2024 involving a partial demerger by spin-off creating Acea Acqua S.p.A. to consolidate integrated water services assets and management. The group recorded record-high financial results in 2024 with group EBITDA and net profit surpassing prior guidance, driven by a 26% increase in gross investments chiefly directed toward regulated sectors for asset development and resilience. The company enhanced its geographic water presence by entering new Italian regions including Sicily and Liguria. A significant operational move included an agreement to sell its high-voltage electricity grid to Terna as part of an asset optimization program. Fitch Ratings revised Acea’s credit outlook to stable with a BBB+ long-term issuer rating reflecting strengthened operational and financial performance. Acea’s management reaffirmed its growth strategy focused on regulated businesses, infrastructure upgrade, and sustainability, supported by digital innovation such as the Acea E-mobility App and partnerships enhancing integrated service offerings. The company maintains approximately 8,700 employees and continues to expand investments in green energy, smart grids, and circular economy initiatives across its core business lines. Acea delivers a comprehensive utility service portfolio with leadership in energy distribution, water services, and environmental sustainability, supported by ongoing strategic restructuring and market expansion to reinforce its position as a leading Italian and international multi-utility provider.

Company News

APIChatGPT
  • ACEA S.p.A. (ACEJF) Q1 2026 Earnings Call Transcript

  • ACEA S.p.A. (ACEJF) Q4 2025 Earnings Call Transcript

  • ACEA S.p.A. (ACEJF) Q3 2025 Earnings Call Transcript