Hochtief AG

Hochtief AG

HOCFF
Hochtief AGUS flagOther OTC
576.26
USD
+15.26
- -
43.36BMarket 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
312.03
319.7
315.1
309.65
352.22
364.93
366.07
330.77
313.54
363.8
369.07
442.69
508.21
514.52
Basic EPS, GAAP
2.37
3.64
3.11
4.98
6.55
8.3
-2.92
6.16
3.05
6.68
6.95
10.31
11.99
10.69
Free Cash Flow per Basic Share
-21.7
2.61
12.69
14.01
15.79
17.74
7.48
4.47
4.52
11.98
14.95
22.01
21.44
25.13
Dividend per Share
5.98
3.07
3.53
3.51
4.06
4.86
6.54
6.36
4.68
2.25
5.07
5.12
6.76
0.31
Book Value per Share
4.34
4.47
4.72
15.27
1.77
6.94
-1.57
-4.5
-6.06
-14.95
-9.13
-11.92
-6.21
-6.24
Tangible Book Value per Share
34.17
32.48
33.81
19.42
-1.7
4.23
4.14
-1.14
-0.08
1.56
2.18
-28.27
-28.05
-27.1
Basic Weighted Avg Shares
72
69
67
64
64
65
71
69
68
72
75
75
75
75
Sales/Revenue/Turnover
22,499
22,099
21,097
19,908
22,631
23,882
25,852
22,954
21,378
26,219
27,756
33,301
38,236
38,713
Operating Margin (%)
1.8
1.76
2.47
2.3
3.24
3.35
3.46
-2.73
1.76
0.77
1.99
1.71
2.83
2.57
Depreciation Expense
798
503
410
287
369
549
1,465
690
314
344
321
594
670
667
Net Income, GAAP
171
252
208
320
421
543
-206
427
208
482
523
776
902
805
Effective Tax Rate (%)
29.85
- -
36.34
30.16
29.28
26.45
24.57
37.68
32.55
23.95
23.91
13.61
27.69
30.53
Profit Margin (%)
0.76
1.14
0.99
1.61
1.86
2.27
-0.8
1.86
0.97
1.84
1.88
2.33
2.36
2.08
Working Capital
3,109
2,883
2,273
528
655
38
82
1,004
1,205
1,166
1,378
1,808
1,878
1,971
LT Debt
2,664
3,062
2,343
1,633
499
536
3,634
4,185
4,182
5,055
4,859
7,130
7,798
465
Total Equity
3,294
3,111
3,147
2,571
1,082
2,293
1,595
963
1,086
1,229
1,266
1,196
1,390
1,600
Return on Invested Capital (%)
5.96
- -
8.64
10.84
- -
580.14
17.13
-5.77
4.05
2.32
5.95
5.93
8.02
29.06
Return on Capital (%)
0.45
- -
5.26
7.83
13.41
35.27
0.09
7.21
4.54
12.65
14.77
17.24
14.78
875.76
Return on Common Equity (%)
58.35
80.96
66.63
49.4
76.82
191.2
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
218
402
238
LT Borrowings
- -
7,375
- -
LT Finance Leases
425
423
465
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
75
75
75
Market Capitalization
17,321
25,240
28,587

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
15,121
15,892
16,539
Cash, Cash Equivalents & STI
5,621
6,805
6,637
Accounts Receivable, Net
8,632
5,057
9,092
Inventories
616
374
410
Total Current Liabilities
13,338
14,015
14,568
Payables & Accruals
- -
- -
- -
ST Debt
218
402
238
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.53%
7.93%
16.23%
Free Cash Flow
19.18%
50.91%
-2.57%
Net Income, GAAP
-17.73%
30.72%
16.34%
Sales/Revenue/Turnover
6.71%
11.29%
14.82%
Total Cash Common Dividend
16.56%
18.36%
32.01%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,757
7,895
8,925
9,725
33,301
2025
8,917
9,453
9,740
10,127
38,236
2026
9,394
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.77
4.03
1.9
- -
10.31
2025
4.09
2.3
2.32
- -
11.99
2026
2.79
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5.12
2025
- -
- -
- -
- -
6.76
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Peter J. Davoren
Full Time Employees
54,035
Sector
Industrials
Industry
Engineering & Construction
Address
Alfredstrasse 236 Essen Germany 45133
IPO Date
Aug 3, 2012
Business
Hochtief AG, founded in 1873 and headquartered in Essen, Germany, serves as a global engineering-led infrastructure group primarily engaged in developing, investing in, designing, constructing, and operating complex projects across advanced technology, energy transition, sustainable mobility, critical minerals, natural resources, social infrastructure, and large-scale civil engineering; its core offerings encompass construction and civil engineering services for buildings, bridges, tunnels, airports, ports, railways, and motorways, alongside planning, project management, public-private partnerships (PPP), concessions, environmental technology facilities, digital infrastructure expansion including data centers and telecom networks, mining services through subsidiaries, and consulting on real estate and infrastructure facilities. The company operates through key divisions including Hochtief Americas (coordinating activities in the United States, Canada, and Brazil via subsidiaries like Turner Construction for commercial buildings, healthcare, education, sports venues, EV battery factories, and data centers; Flatiron for civil engineering), Hochtief Asia Pacific (via CIMIC Group in Australia, Asia, and the Pacific for construction in education, healthcare, power, energy, transportation, tunneling, water, and natural resources including stakes in Thiess mining services and Sedgman engineering), and Hochtief Europe (covering Germany, Poland, Czech Republic, Austria, UK, Scandinavia, Netherlands, and select global regions for real estate, transport infrastructure, and PPP projects); it maintains a 20% stake in toll road operator Abertis, managing approximately 8,000 kilometers of roads in Europe and South America, with international projects comprising 95% of revenue and operations focused on developed markets in North America, Australia, Europe, and select Asia-Pacific regions. A majority-owned subsidiary of ACS Group (75.71% stake), Hochtief employs around 56,875 people and generated €33.3 billion in revenue in 2024, predominantly from Americas activities. Recent developments include the 2024 consolidation of North American subsidiaries Flatiron Construction and Dragados into Flatiron Dragados, creating the second-largest US civil contractor with ACS holding 61.8% and Hochtief 38.2%, aimed at enhancing organic growth, synergies, and large-scale project execution; a €260 million equity investment in early 2024 for Abertis growth financing following 2023 transactions; ongoing bolt-on acquisitions of engineering, digital, and logistics sites with three sites targeted by end-2024 and more planned for 2025; extension of collaboration with Infrastructure fund Palladio in May 2024 for five to 15 data centers; award of an EPCM contract with Sedgman for Vulcan Energy Resources' Phase One Lionheart project and expansion of strategic partnership with Vulcan in late 2025; strong order intake growth of 10% in first-half 2024 in high-growth areas like semiconductors, AI-driven infrastructure maintenance, and EV supply chains; and raised full-year 2025 guidance after robust nine-month operational net profit up 19% to €537 million, targeting €750 million, alongside advancements in sustainability such as net-zero climate target by 2045 and increased green-certified projects.

Company News

APIChat
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  • HOCHTIEF Aktiengesellschaft (HOCFF) Q4 2023 Earnings Call Transcript

  • HOCHTIEF Aktiengesellschaft (HOCFF) Q2 2023 Earnings Call Transcript

  • HOCHTIEF Aktiengesellschaft (HOCFF) Q4 2022 Earnings Call Transcript

  • Hochtief AG (HOCFF) CEO Marcelino Fernández on Q4 2021 Results - Earnings Call Transcript

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  • Exclusive: Atlantia considers Hochtief stake non-strategic and may sell it - sources

  • Hochtief: Take A Long-Term View And Enjoy The 5% Dividend