1. Spain Stocks

  2. •

    Utilities

  3. •

    Diversified Utilities
Iberdrola, S.A.

Iberdrola, S.A.

IBE.MC
Iberdrola, S.A.ES flagMadrid Stock Exchange
19.38
EUR
-0.18
- -
130.93BMarket Cap
Iberdrola, S.A.
IBE.MC
(Madrid Stock Exchange)

Recent

price

19.38

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
5.44
5.17
5.32
4.79
4.63
4.78
4.34
4.68
5.2
5.46
5
5.89
8.1
7.44
6.49
6.55
4.89
Revenue per Share
0.51
0.46
0.43
0.4
0.36
0.37
0.41
0.42
0.45
0.52
0.54
0.58
0.65
0.72
0.85
0.93
0.65
Basic EPS, GAAP
0.42
0.26
0.33
0.37
0.5
0.33
0.27
-0.07
0.28
0.2
0.38
0.18
0.55
0.64
0.54
0.49
- -
Free Cash Flow per Basic Share
- -
0.19
0.03
0.03
0.03
0.03
0.03
0.03
0.02
0.05
0.08
0.09
0.13
0.14
0.18
0.19
- -
Dividend per Share
1.25
1.17
1.15
1.12
1.1
1.09
1.13
1.13
3.57
3.78
3.98
4.26
4.42
4.63
5.05
5.46
1.03
Book Value per Share
2.4
1.97
2.34
2.97
2.9
3.07
3.13
3.23
3.41
4.02
4.37
5.45
5.71
6.04
6.16
6.12
6.14
Tangible Book Value per Share
5,595
6,123
6,431
6,493
6,487
6,578
6,626
6,680
6,740
6,674
6,635
6,646
6,658
6,632
6,627
6,734
6,560
Basic Weighted Avg Shares
30,431
31,648
34,201
31,077
30,032
31,419
28,759
31,263
35,076
36,438
33,145
39,114
53,949
49,335
42,988
44,076
32,109
Sales/Revenue/Turnover
15.87
15.3
13.48
12.94
13.45
13.08
16.16
13.03
16.35
16.89
18.1
19.79
15.68
19.55
22.5
24.22
22.77
Operating Margin (%)
2,923
3,260
3,662
4,919
3,448
3,803
3,363
4,969
4,080
4,527
4,651
5,088
5,491
5,810
7,412
6,493
3,759
Depreciation Expense
2,871
2,805
2,765
2,598
2,348
2,443
2,705
2,804
3,014
3,466
3,611
3,885
4,339
4,803
5,612
6,285
4,247
Net Income, GAAP
23.41
15.9
5.8
- -
26.14
17.65
24.11
- -
22.07
19.07
21.43
30.38
18.45
22.92
23.11
20.64
20
Effective Tax Rate (%)
9.43
8.86
8.08
8.36
7.82
7.78
9.41
8.97
8.59
9.51
10.89
9.93
8.04
9.74
13.05
14.26
13.23
Profit Margin (%)
443
920
299
-959
-2,348
-3,910
-3,349
-2,926
-2,774
-5,573
-2,959
-1,971
-5,614
-5,009
-9,304
-3,562
-5,305
Working Capital
25,917
29,872
27,080
24,315
23,100
24,706
26,644
29,624
30,918
31,897
32,406
33,585
38,589
49,148
43,356
44,738
46,900
LT Debt
31,663
32,349
33,130
35,289
35,705
40,956
40,687
42,733
43,977
47,195
47,218
56,126
58,114
60,292
61,051
63,419
62,968
Total Equity
5.88
6.19
6.59
- -
4.64
4.98
4.88
- -
5.56
5.84
5.32
5.71
6.57
6.42
6.13
7.03
4.75
Return on Invested Capital (%)
6.88
9.41
10.15
- -
8.94
8.63
7.91
- -
5.87
5.45
5.22
5.03
5.41
5.63
6.33
7.06
6.17
Return on Capital (%)
41.77
39.67
38.07
35.53
32.68
34.19
36.93
37.34
19.09
14.07
13.99
14.19
15.03
15.97
17.49
17.89
62.4
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
12,493
12,847
LT Borrowings
- -
42,322
44,427
LT Finance Leases
- -
2,416
2,473
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6,681
6,681
6,758
Market Capitalization
103,248
119,204
129,554

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
24,781
24,443
Cash, Cash Equivalents & STI
- -
5,351
6,331
Accounts Receivable, Net
- -
9,625
9,338
Inventories
- -
2,798
2,991
Total Current Liabilities
- -
28,343
29,748
Payables & Accruals
- -
- -
- -
ST Debt
- -
12,493
12,847
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.6%
6.26%
3.88%
Free Cash Flow
-46.43%
29.72%
-6.56%
Net Income, GAAP
9.98%
11.76%
11.99%
Sales/Revenue/Turnover
4.43%
7.41%
2.53%
Total Cash Common Dividend
27.4%
19.28%
9.35%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12,678
9,958
10,480
22,102
42,988
2025
12,583
9,878
- -
10,213
44,076
2026
12,018
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.43
0.22
0.21
0.24
0.85
2025
0.31
0.25
- -
- -
0.93
2026
0.25
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.18
2025
- -
- -
- -
- -
0.19
2026
- -
- -
- -
- -
- -
Similar Companies
Iberdrola, S.A. (IBDSF)
Shenergy Company Limited (600642.SS)
Electricité de France S.A. (ECIFF)
ATCO Ltd. (ACO-X.TO)
ATCO Ltd. (ACLLF)
Iren S.p.A. (IRDEF)
Business
Iberdrola, S.A. (IBE.MC) is a Spanish multinational electric utility and a global leader in renewable energy generation, distribution, transmission, trading, and supply of electricity; it specializes in onshore and offshore wind power, solar photovoltaic, hydroelectric, pumped-storage, nuclear, and combined-cycle natural gas plants, alongside smart grids, large-scale energy storage, green hydrogen production, electric mobility services including heat pumps and fast-charging networks, and customer solutions such as self-consumption solar and energy management; the company operates primarily in Spain, the United Kingdom, the United States through subsidiary Avangrid, Brazil via Neoenergia, Portugal, Germany, France, and other regions in Europe, Latin America, and Australia, serving approximately 30 million supply points with over 47,600 MW of installed renewable capacity as of mid-2025. Founded in 1992 through the merger of Iberduero and Hidroeléctrica Española, with roots tracing to 1840 via predecessor entities, Iberdrola maintains headquarters in Bilbao, Spain. Recent developments include the 2025 launch of a public tender offer to acquire the remaining 16.2% of Neoenergia for €1.03 billion following the €1.92 billion purchase of PREVI's 30.29% stake, completion of the Avangrid merger for full ownership in December 2024, acquisition of an 88% stake in UK distributor Electricity North West for €5 billion in October 2024, sale of Mexican businesses for $4.2 billion in July 2025 and the UK smart meter business to Macquarie for over €1 billion in September 2025, strengthened co-investment alliances such as adding 708 MW renewables with Norges Bank Investment Management in September 2025 and Kansai's 49% stake in the 315 MW Windanker offshore wind farm in April 2025, alongside the updated Strategic Plan 2025-2028 entailing €58 billion in investments with 85% allocated to networks in the UK and US to reach €18 billion EBITDA by 2028.