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    Utilities

  3. •

    Regulated Electric
Elia Group SA/NV

Elia Group SA/NV

ELI.BR
Elia Group SA/NVBE flagEuronext Brussels
136.30
EUR
-1.30
- -
14.88BMarket Cap
Elia Group SA/NV
ELI.BR
(Euronext Brussels)

Recent

price

136.30

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
16.04
19.9
18.95
12.11
12.75
11.96
12.27
12.36
29.59
34.28
30.35
35.17
48.15
49.53
48.74
43.94
Revenue per Share
6.86
2.24
2.39
2.7
2.73
3.23
2.76
3.19
4.3
4.18
3.7
4.07
4.81
4.58
5.83
5.8
Basic EPS, GAAP
2.87
1.59
-3.93
-1.6
1.83
-0.01
1.37
0.77
-7.61
-16.63
-24.98
37.67
-1.86
-49.28
-48.28
-29.18
Free Cash Flow per Basic Share
1.14
1.38
1.37
1.37
1.52
1.44
1.44
1.47
1.51
1.55
1.59
1.62
1.6
1.81
1.89
1.28
Dividend per Share
33.6
32.48
31.48
32.62
35.31
34.91
35.76
36.37
39.15
44.27
41.76
44.37
47.79
48.39
52.94
53.44
Book Value per Share
4.37
4.78
5.42
7.29
8.94
10.42
11.91
12.63
19.06
27.9
27.25
32.79
41.74
36
41.42
57.12
Tangible Book Value per Share
59
61
65
65
62
65
65
65
65
65
73
73
75
78
77
101
Basic Weighted Avg Shares
940
1,222
1,228
787
786
780
800
808
1,935
2,242
2,210
2,551
3,616
3,843
3,767
4,442
Sales/Revenue/Turnover
59.65
23.28
21.1
24.28
22.38
22.74
22.18
23.46
20.57
21.45
22.23
18.21
12.02
15.92
19.98
23.56
Operating Margin (%)
114
140
148
104
108
114
124
131
250
366
432
468
514
558
619
687
Depreciation Expense
402
138
155
176
168
211
180
209
281
274
269
295
361
355
450
586
Net Income, GAAP
7.8
23.95
9.46
11.7
11.32
13.51
15.08
15.92
24.97
28.13
29.54
24.27
26.54
28.02
30.72
21.31
Effective Tax Rate (%)
42.79
11.26
12.62
22.33
21.37
27
22.48
25.81
14.54
12.2
12.19
11.57
9.98
9.25
11.96
13.19
Profit Margin (%)
224
105
-612
-331
-95
-162
-413
-467
-1,325
-2,134
-720
-458
-637
-1,268
-349
1,050
Working Capital
2,917
2,918
2,351
2,300
2,646
2,605
2,586
2,835
5,774
5,379
7,250
7,742
7,716
9,255
13,969
16,910
LT Debt
2,007
2,047
2,108
2,209
2,286
2,414
2,513
2,564
3,749
4,332
4,500
4,938
5,756
5,517
6,177
8,945
Total Equity
11.58
4.32
4.53
3.24
3.06
2.86
2.74
2.93
3.52
3.02
2.86
2.53
1.96
2.62
2.81
3.43
Return on Invested Capital (%)
12.12
5.02
5.76
5.58
5.45
5.72
4.78
5.3
4.56
3.4
2.99
3.03
3.29
3.2
3.44
3.29
Return on Capital (%)
24.31
6.94
7.68
8.45
7.82
9.46
7.81
8.86
11.4
10.03
9.08
9.43
10.61
9.68
11.48
12.34
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.07%
15.78%
44.8%
Free Cash Flow
-1,368.89%
450.43%
-20.94%
Net Income, GAAP
11.91%
17.43%
30.06%
Sales/Revenue/Turnover
23.68%
15.88%
17.92%
Total Cash Common Dividend
3.53%
2.58%
-11.69%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
3,843
2024
- -
- -
- -
- -
3,767
2025
- -
- -
- -
- -
4,442

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
4.58
2024
- -
- -
- -
- -
5.83
2025
- -
- -
- -
- -
5.8

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1.81
2024
- -
- -
- -
- -
1.89
2025
- -
- -
- -
- -
1.28
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Business
Elia Group SA/NV operates as a leading European transmission system operator, managing high-voltage electricity grids in Belgium through its subsidiary Elia Transmission Belgium NV and in the north and east of Germany through 50Hertz Transmission GmbH; it operates 19,741 km of high-voltage connections with 99.99% reliability, balancing production and consumption to supply 30 million end users, importing and exporting electricity with neighboring countries, and facilitating the integration of renewable energy sources including offshore wind. The company offers ancillary services such as balancing group management, renewable and compensation energy services, capacity mechanisms, and offshore grid extensions; it also provides engineering consultancy through Elia Grid International, non-regulated activities via subsidiaries like WindGrid for offshore electricity grid development in Europe and beyond, and operates interconnectors including Nemo Link with the UK and ALEGrO with Germany. Founded in 1937 and headquartered in Brussels, Belgium, Elia Group serves utility customers, market parties, and the general public across Belgium and Germany, with international consulting and offshore projects extending its reach. In recent developments, Elia Group secures a €2.2 billion equity package in 2025, including a €850 million private placement to investors such as ATLAS Infrastructure with The Future Fund (€234.6 million), BlackRock (€117.3 million), CPP Investments (€117.3 million), and reference shareholder Publi-T/NextGrid Holding (€380.7 million maintaining 44.79% ownership), followed by a €1.35 billion rights issue completed by April 2025 to fund its 2025-2028 investment plan for grid infrastructure, offshore wind connections, and inter-country interconnectors. The company completes the acquisition of a minority stake in energyRe Giga Projects in February 2024 via WindGrid, enhancing its expertise in offshore transmission; it launches the Innovation Alliance with seven other European grid operators in July 2025 to improve grid resilience and efficiency, and advances the Princess Elisabeth Island offshore energy hub with first building blocks placed in April 2025, HVAC works starting in June 2025, and a second UK interconnector optimization approved in June 2025. Additional strategic moves include a €650 million green credit facility from the European Investment Bank in October 2024 for the energy island, a new €600 million seven-year bond placement in June 2024, and a €12.5 million investment in SET Ventures' Fund IV in July 2024 to support digital energy innovations.