Eni S.p.A.

Eni S.p.A.

ENI.MI
Eni S.p.A.IT flagItalian Stock Exchange
20.65
EUR
+0.26
- -
60.21BMarket Cap
Eni S.p.A.
ENI.MI
(Italian Stock Exchange)

Recent

price

20.65

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
26.67
29.73
35.09
27.12
27.39
20.08
15.48
18.64
21.13
19.45
12.31
21.47
38.04
28.37
28.04
27.16
26.53
Revenue per Share
1.74
1.89
2.15
1.42
0.36
-2.44
-0.41
0.94
1.15
0.04
-2.42
1.63
3.99
1.44
0.83
0.86
0.84
Basic EPS, GAAP
0.23
0.26
-0.27
-0.49
0.8
0.1
-0.42
0.4
1.26
1.12
0.05
2.14
2.7
1.79
1.45
1.36
0.85
Free Cash Flow per Basic Share
1
1.02
1.06
1.09
1.12
0.96
0.8
0.8
0.82
0.84
0.55
0.66
0.86
0.92
0.97
1.02
1.03
Dividend per Share
2.85
3
3.26
2.52
1.48
-1.33
0.71
12.14
12.5
11.15
8.23
9.14
11.87
12.64
12.37
13.17
13.31
Book Value per Share
12.3
13.65
15.99
15.73
17.07
15.1
13.83
12.62
13.35
12.48
9.67
11.14
14.27
14.31
15.54
15.46
17.64
Tangible Book Value per Share
3,622
3,623
3,622
3,634
3,586
3,600
3,601
3,589
3,588
3,592
3,572
3,566
3,484
3,304
3,167
3,025
2,991
Basic Weighted Avg Shares
96,617
107,690
127,109
98,547
98,218
72,286
55,762
66,919
75,822
69,881
43,987
76,575
132,512
93,717
88,797
82,151
79,328
Sales/Revenue/Turnover
14.89
14.58
10.87
6.92
10.39
4.67
1.95
6.01
12.8
10.69
0.1
14.1
14.95
9.62
7.49
5.49
2.79
Operating Margin (%)
8,343
7,755
9,645
8,605
7,676
8,940
7,559
7,483
6,988
8,106
7,304
7,063
7,205
7,479
7,600
7,349
7,095
Depreciation Expense
6,318
6,860
7,790
5,160
1,303
-8,778
-1,464
3,374
4,126
148
-8,635
5,821
13,887
4,771
2,624
2,608
2,507
Net Income, GAAP
54.16
55.7
70.25
69.92
78.15
- -
217.04
50.66
59.07
97.3
- -
45.34
36.68
52.48
57.4
52.27
61.99
Effective Tax Rate (%)
6.54
6.37
6.13
5.24
1.33
-12.14
-2.63
5.04
5.44
0.21
-19.63
7.6
10.48
5.09
2.96
3.17
3.16
Profit Margin (%)
64
2,769
15,199
19,748
17,524
20,483
10,289
11,248
11,304
5,283
8,817
13,875
12,330
10,702
5,325
12,052
21,825
Working Capital
20,305
23,102
19,145
20,875
19,316
19,397
20,564
20,179
20,082
23,669
26,064
28,103
23,441
25,924
26,744
24,576
26,207
LT Debt
55,728
60,393
62,417
61,049
65,641
57,409
53,086
48,324
51,073
47,900
37,493
44,519
55,230
53,644
55,648
52,787
54,291
Total Equity
8.03
7.7
4.46
2.28
2.43
- -
-1.5
2.55
5.22
0.25
- -
7.85
14.72
4.71
3.05
2.34
0.91
Return on Invested Capital (%)
13.23
20.91
22.14
18.59
9.24
- -
-32.01
12.78
8.66
0.36
- -
12.77
28.28
11.38
8.13
8.06
6.11
Return on Capital (%)
19.45
64.75
68.76
49.24
18.01
- -
- -
14.63
9.33
0.35
-24.86
18.78
37.57
11.48
6.48
6.6
6.18
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
10,549
9,626
10,362
LT Borrowings
19,656
20,139
21,741
LT Finance Leases
4,471
4,437
4,466
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,993
2,958
2,941
Market Capitalization
45,742
48,898
74,316

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
41,375
48,867
68,096
Cash, Cash Equivalents & STI
16,300
15,090
19,965
Accounts Receivable, Net
12,414
8,986
14,544
Inventories
6,260
5,143
5,400
Total Current Liabilities
34,269
36,815
46,271
Payables & Accruals
18,384
21,479
21,483
ST Debt
10,549
9,626
10,362
Deferred Revenue
- -
2,022
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.02%
7.71%
-5.14%
Free Cash Flow
351.57%
827.37%
-10.89%
Net Income, GAAP
-656.25%
-28.02%
-0.61%
Sales/Revenue/Turnover
7.07%
21.03%
-7.48%
Total Cash Common Dividend
0.31%
9.99%
0.39%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
22,936
21,715
20,658
23,488
88,797
2025
18,858
18,767
20,204
20,615
82,151
2026
19,742
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.38
0.21
0.17
0.07
0.83
2025
0.38
0.18
- -
0.03
0.86
2026
0.36
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.24
0.23
0.25
0.25
0.97
2025
0.25
0.25
- -
0.26
1.02
2026
0.26
- -
- -
- -
- -
Business
Eni S.p.A. operates as an integrated energy company focused on the exploration, development, production, refining, and marketing of oil, natural gas, and related products, alongside advancing renewable energy, biofuels, and low-carbon technologies. Founded in 1953 and headquartered in Rome, Italy, the company conducts operations across approximately 64 countries, including key regions in Europe, Africa, Asia, the Americas, and the Middle East; it structures its activities through segments such as Exploration & Production, Global Gas & LNG Portfolio, Enilive for refining and chemicals including biofuels and biomethane, Plenitude for retail gas, electricity, renewables, and EV charging, and other units encompassing chemicals via Versalis and corporate functions. Core offerings include crude oil and natural gas exploration and production targeting around 1.66 million barrels of oil equivalent per day, wholesale natural gas supply and LNG trading with ambitions to reach 30 million tons per year by 2030, refined petroleum products like gasoline, diesel, jet fuel, lubricants, and bitumens, biofuels from proprietary biorefineries with over five million tonnes annual capacity targeted by 2030, renewable power generation exceeding four gigawatts installed by late 2024 through Plenitude's wind and solar assets, smart mobility services including EV charging networks, petrochemicals and plastics recycling via Novamont technologies, and emerging carbon capture and storage solutions aiming for over 15 million tonnes per annum pre-2030. Recent strategic developments feature the 2024-2027 plan emphasizing value maximization from traditional assets alongside energy transition acceleration, including the launch of a dedicated CCS satellite company in 2025; a proposed nearly 50% stake sale in its CCS business to Global Infrastructure Partners for around $1.2 billion; a $1 billion-plus power purchase agreement with Commonwealth Fusion Systems in 2025 to advance fusion energy industrialization; significant investments such as $10 billion in Indonesia's East Kalimantan offshore gas and over $8 billion in Algeria for gas production growth; farm-out deals and joint ventures like with Petronas for Southeast Asian gas resources; sales of minority stakes including 25% in Enilive to KKR and interests in Plenitude to EIP and Ares Management to fund expansion; and ongoing portfolio rationalization through exploration successes and tail asset divestments. Plenitude targets 15 gigawatts of installed capacity by 2030 while Enilive scales biorefining beyond three million tonnes per annum by 2026, supporting Eni's broader commitment to carbon neutrality by 2050 via diversified energy products blending fossil fuels, gas as a transition fuel, and innovative decarbonization levers.