Ferrovial N.V.

Ferrovial N.V.

FER.AS
Ferrovial N.V.NL flagEuronext Amsterdam
56.24
EUR
+0.44
- -
40.24BMarket Cap
Ferrovial N.V.
FER.AS
(Euronext Amsterdam)

Recent

price

56.24

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
12.79
10.15
10.4
11.13
11.61
12.34
14.17
6.77
7.62
8.08
8.75
9.44
10.44
11.69
12.63
13.39
13
Revenue per Share
2.97
1.69
0.94
0.99
0.53
0.92
0.5
0.6
-0.6
0.36
-0.57
1.64
0.26
0.47
4.47
1.24
3.74
Basic EPS, GAAP
1.53
0.84
1.45
1.64
1.73
1.21
1.31
1.5
0.88
1.3
1.31
0.94
1.25
1.62
1.47
2.42
- -
Free Cash Flow per Basic Share
0.43
0.52
1.13
- -
0.36
0.34
0.3
0.29
0.32
0.32
0.16
0.04
0.18
0.19
0.18
0.22
- -
Dividend per Share
3.89
5.08
5.03
5.61
5.59
6
6.42
6.27
5.5
5.44
4.69
6.47
6.09
0.52
3.51
3.88
3.83
Book Value per Share
2.04
6.35
5.7
5.39
5.03
5.63
4.76
4.91
6.59
6.37
4.65
7.2
7.93
7.25
10.35
9.91
9.84
Tangible Book Value per Share
734
734
734
734
758
786
759
761
753
749
747
732
723
728
724
719
719
Basic Weighted Avg Shares
9,384
7,446
7,630
8,166
8,802
9,699
10,758
5,153
5,737
6,054
6,532
6,910
7,551
8,515
9,148
9,627
9,349
Sales/Revenue/Turnover
10.24
8.41
9.28
8.58
8.4
7.93
5.59
7.78
6.14
-0.97
2.66
4.91
5.68
6.93
9.85
10.04
4.61
Operating Margin (%)
437
192
219
233
244
256
342
115
127
180
233
270
299
401
441
490
- -
Depreciation Expense
2,182
1,243
692
727
402
720
376
454
-448
268
-424
1,198
188
341
3,239
888
2,688
Net Income, GAAP
7.67
13.86
14.46
19.33
30.16
- -
37.76
9.81
4.99
9.33
- -
- -
11.07
18.85
4
- -
- -
Effective Tax Rate (%)
23.25
16.69
9.07
8.9
4.57
7.42
3.5
8.81
-7.81
4.43
-6.49
17.34
2.49
4
35.41
9.22
28.75
Profit Margin (%)
-1,559
-154
594
595
613
121
2,175
2,215
3,461
3,130
3,842
2,487
2,040
1,215
1,371
846
-338
Working Capital
21,511
6,874
7,199
7,704
8,908
6,867
8,074
7,709
7,554
7,658
8,177
9,628
10,896
10,565
10,257
9,575
9,005
LT Debt
6,628
6,246
5,781
6,074
6,021
6,541
6,314
6,234
5,363
5,087
3,790
5,829
6,353
5,879
8,120
7,665
7,654
Total Equity
2.94
2.45
4.32
3.92
3.33
- -
2.56
2.48
2.38
-0.39
- -
- -
2.19
2.69
4.66
- -
2.41
Return on Invested Capital (%)
10.97
8.2
8.78
8.44
5.31
- -
4.53
4.77
-1.66
4.32
- -
- -
2.16
3.38
22.84
- -
18.5
Return on Capital (%)
145.52
37.78
18.66
18.64
9.63
16.09
7.84
9.41
-10.05
6.52
-11.19
29.06
4.11
14.25
221.85
33.29
176.55
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1,276
- -
1,336
LT Borrowings
10,092
- -
8,891
LT Finance Leases
165
- -
114
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
722
- -
720
Market Capitalization
28,978
30,343
33,263

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
7,672
- -
5,640
Cash, Cash Equivalents & STI
4,810
- -
2,835
Accounts Receivable, Net
1,625
- -
1,694
Inventories
492
- -
494
Total Current Liabilities
6,301
- -
5,978
Payables & Accruals
2,363
- -
2,186
ST Debt
1,276
- -
1,336
Deferred Revenue
1,619
- -
1,506

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.85%
17.57%
-5.6%
Free Cash Flow
11.05%
17.17%
62.98%
Net Income, GAAP
-25.2%
78.36%
-72.58%
Sales/Revenue/Turnover
2.41%
8.1%
5.24%
Total Cash Common Dividend
21.15%
53.97%
20%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,879
2,388
2,376
2,504
9,148
2025
2,059
2,410
2,716
- -
9,627
2026
2,098
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.39
- -
4.47
2025
- -
- -
- -
- -
1.24
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.18
2025
- -
- -
- -
- -
0.22
2026
- -
- -
- -
- -
- -
Business
Ferrovial N.V. (FER.AS) is a diversified infrastructure and services group focused on the planning, construction, operation, and management of sustainable mobility, real estate, and urban services assets worldwide. It operates through integrated formats across its main business lines, delivering design, development, financing, construction, operation, and maintenance services for long-life infrastructure projects. Main products and services - Concessions and infrastructure operations: toll roads, highways, airports, and other transportation facilities; long-term asset management, operation and maintenance services; public-private partnerships. - Construction and engineering: design-build-operate delivery of large-scale civil and industrial projects; roadways, rail corridors, airports, water, and energy complexes; project management, procurement, and logistics services; engineering design and construction services. - Urban and environmental services: integrated municipal services including waste collection and treatment, water and wastewater services, street cleaning, urban regeneration, and facility management for public sector clients; environmental engineering and sustainability solutions. - Real estate and development: development of mixed-use, commercial, and residential properties linked to infrastructure programs; asset management and property services; portfolio optimization and leasing services. - Energy and utility support: involvement in energy efficiency projects, utility-scale developments, and associated lifecycle services for infrastructure assets. Geographic operations and reach - Maintains a global footprint across Europe, the Americas, and other regions, with active concessions, construction projects, and service operations in multiple countries. It coordinates international project execution through regional subsidiaries and joint ventures to support cross-border infrastructure programs and urban services. Founding year and headquarters - Founded in the late 19th century; headquartered in Madrid, Spain. Industry and segments - Core sectors include infrastructure concessions, construction and engineering, urban services, and real estate development; serves public authorities, transportation operators, private developers, and industrial clients. Subsidiaries and corporate structure - Through a network of subsidiaries and associates, Ferrovial integrates concession assets with construction capabilities and service operations, aligning long-term asset performance with design and delivery efficiency. Latest major changes - Strategic partnerships and alliances: forms and expands partnerships with public authorities and private sector consortia to advance major transportation and urban development programs; strengthens alliances to optimize concession portfolios and bidding capabilities. - Funding rounds, acquisitions, and reorganizations: completes selective acquisitions to augment capabilities in concessions, infrastructure management, and environmental services; revises corporate structure to streamline portfolio management and strategic focus on sustainable mobility and asset optimization. - Product and service launches: introduces enhanced asset management platforms and digital surveillance solutions to improve operational efficiency, predictive maintenance, and lifecycle analytics for concession assets. - Strategic shifts and expansions: advances geographic diversification and portfolio optimization, increasing exposure to high-value, long-duration infrastructure assets; expands operations in growing markets with favorable regulatory frameworks for mobility and urban services. - Operational changes: implements efficiency programs to reduce costs, optimize capex, and strengthen governance across international concessions and construction activities. Additional context - Customer types: government authorities, transportation authorities, private developers, and institutional investors; users of mobility infrastructure and urban services assets. - Geographic scope: Europe, North and South America, and other regions with active concessions and construction projects; multi-country operations with regional management. - Founding and headquarters: established over a century ago with headquarters in Madrid, Spain. - Corporate relationships: operates within a broader corporate group structure comprising concessions, construction, and services entities; maintains relationships with international project partners and lenders in support of large-scale infrastructure programs.