Iren S.p.A.

Iren S.p.A.

2.41
EUR
-0.02
(-0.74%)
0.24EPS
10.57P/E
3.16BMarket Cap
Nov 11Next Earn
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
2.58
2.16
2.33
2.5
2.83
3.08
3.23
2.83
3.8
6
4.95
4.64
5.02
4.84
Basic EPS, GAAP
0.06
0.07
0.09
0.14
0.19
0.19
0.18
0.19
0.24
0.18
0.2
0.21
0.23
0.23
Free Cash Flow per Basic Share
0.1
0.06
0.24
0.26
0.24
0.26
0.15
0.11
0.15
0.14
-0.15
0.2
0.12
0.12
Dividend per Share
0.06
0.06
0.06
0.07
0.07
0.09
0.12
0.12
0.12
0.12
0.14
0.15
0.14
0.15
Book Value per Share
1.5
1.38
1.54
1.66
1.75
1.68
1.76
1.86
2
2.14
2.19
2.24
2.7
2.68
Tangible Book Value per Share
0.4
0.32
0.28
0.31
0.28
0.02
-0.05
-0.08
-0.11
-0.25
-0.45
-0.57
-0.41
-0.47
Basic Weighted Avg Shares
1,276
1,276
1,276
1,276
1,276
1,292
1,299
1,292
1,283
1,283
1,283
1,283
1,283
1,283
Sales/Revenue/Turnover
3,293
2,761
2,975
3,193
3,617
3,978
4,199
3,654
4,878
7,699
6,353
5,949
6,435
6,209
Operating Margin (%)
11.19
11.66
13.94
15.88
13.85
14.91
11.06
11.54
9.84
5.82
7.31
9.11
8.45
8.51
Depreciation Expense
199
238
268
305
322
355
404
441
478
523
601
655
716
729
Net Income, GAAP
81
86
118
180
238
242
236
239
303
226
255
268
301
299
Effective Tax Rate (%)
52.89
53.13
43
38.2
28.27
29.85
29.59
27.08
21.3
32.31
25.61
30.26
27.86
28.16
Profit Margin (%)
2.45
3.11
3.97
5.63
6.57
6.09
5.63
6.54
6.21
2.94
4.01
4.51
4.67
4.81
Working Capital
-194
-25
463
442
536
403
302
577
136
169
-530
-364
-263
-342
LT Debt
1,801
2,168
2,664
2,836
2,926
2,938
3,056
3,734
3,495
- -
- -
4,381
4,430
4,534
Total Equity
1,989
1,994
2,062
2,297
2,499
2,562
2,651
2,765
2,951
3,191
3,244
3,344
3,711
3,692
Return on Invested Capital (%)
2.71
2.93
4.14
5.14
5.51
6.59
5.41
4.84
5.37
6.39
10.18
6.14
4.75
4.51
Return on Capital (%)
2.38
2.48
3.16
4.83
4.96
5.18
4.46
3.92
4.59
4.39
8.71
5.46
4.62
4.39
Return on Common Equity (%)
4.59
4.85
6.59
9.5
11.64
11.24
10.57
10.23
12.23
8.5
9.18
9.45
9.49
8.82

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
119
- -
170
LT Borrowings
4,430
- -
4,534
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,283
1,283
1,283
Market Capitalization
3,264
3,138
3,159

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,279
2,512
2,205
Cash, Cash Equivalents & STI
206
406
306
Accounts Receivable, Net
1,364
1,481
1,264
Inventories
68
68
83
Total Current Liabilities
2,542
2,694
2,547
Payables & Accruals
- -
- -
- -
ST Debt
119
- -
170
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.11%
6.11%
10.97%
Free Cash Flow
-50.12%
-87.59%
-39.73%
Net Income, GAAP
11.64%
6.27%
11.95%
Sales/Revenue/Turnover
9.88%
15.13%
8.17%
Total Cash Common Dividend
8.72%
3.83%
-6.09%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,543
1,111
1,413
1,882
5,949
2025
2,056
1,362
1,252
1,766
6,435
2026
1,777
1,414
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.02
0.04
0.06
0.21
2025
0.11
0.04
0.03
0.06
0.23
2026
0.1
0.04
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.03
0.12
- -
0.15
2025
- -
- -
- -
- -
0.14
2026
- -
0.14
- -
- -
- -

Company Description

CEO
Gianluca Bufo
Full Time Employees
11,908
Sector
Utilities
Industry
Electric utilities
Address
Via Nubi di Magellano, 30 Reggio Emilia RE Italy 42123
IPO Date
Nov 22, 2000
Business
Iren S.p.A. operates as a multi-utility company primarily engaged in the production, distribution, and sale of electricity, thermal energy, gas, water, and environmental services. Its main products and services include integrated energy solutions such as electricity generation from diverse sources including renewable energy and cogeneration; natural gas distribution and sales; water cycle management including water collection, purification, and distribution; and waste management services including collection, treatment, and disposal. The company serves various customer segments across residential, commercial, industrial, and public sectors. Founded in 2010 through the merger of several Italian utility companies, Iren is headquartered in Reggio Emilia, Italy, and operates primarily in the Italian regions of Emilia-Romagna, Liguria, Piedmont, and Tuscany. Recent major company developments include strategic expansions into renewable energy with significant investments in photovoltaic and hydroelectric projects, as well as partnerships to enhance sustainability initiatives. Iren has also focused on digital transformation to optimize operational efficiency and customer service. Over the last 1-2 years, the company has reinforced its commitment to circular economy principles by enhancing waste-to-energy production and expanding its district heating networks. Furthermore, Iren has pursued acquisitions and alliances aimed at strengthening its position in multi-utility services and geographical reach within Italy. Operating within the energy and utilities industry, Iren S.p.A. targets a broad market that includes residential consumers, businesses, and public entities, offering tailored energy and environmental solutions. The company is structured with several subsidiaries dedicated to specific segments like electric power generation, gas distribution, and environmental services, all coordinated under the Iren Group umbrella. This integrated approach supports its mission to provide sustainable and innovative utility services, positioning it as a key player in Italy's transition toward greener and more efficient energy systems.

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