Iberdrola, S.A.

Iberdrola, S.A.

IBE1.DE
Iberdrola, S.A.DE flagDeutsche Börse
20.33
EUR
+0.16
- -
133.98BMarket Cap
Iberdrola, S.A.
IBE1.DE
(Deutsche Börse)

Recent

price

20.33

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
104,401
119,075
131,194

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
- -
- -
- -
- -
- -
Business
Iberdrola, S.A. (IBE1.DE) is a Spanish multinational electric utility and a global leader in renewable energy generation and electricity distribution, with a total installed capacity exceeding 62,000 MW, of which over 41,000 MW derives from renewables including onshore and offshore wind, solar photovoltaic, hydroelectric, and green hydrogen projects; it also operates extensive smart grids with 1.2 million kilometers of lines, natural gas activities, and services such as energy storage, electric mobility solutions including fast-charging networks, heat pumps, and self-consumption systems. Founded in 1992 through the merger of Hidroeléctrica Española and Iberduero—tracing origins to 1901—and headquartered in Bilbao, Spain, the company serves approximately 30 million customers across key markets in Spain, the United Kingdom, the United States, Brazil, Portugal, Mexico, Germany, France, Australia, and other regions through subsidiaries like ScottishPower, Avangrid, and Neoenergia. Its diversified operations span regulated networks, liberalized generation and retail electricity/natural gas supply, and emerging areas like large-scale data centers via the new CPD4Green subsidiary. Iberdrola's core renewable portfolio features leading onshore wind capacity over 20,000 MW globally, offshore wind projects such as the 2,900 MW East Anglia Hub in the UK and operational farms like Saint-Brieuc in France and Vineyard Wind I in the US; solar installations exceeding 4,500 MW including the 590 MWp Francisco Pizarro and 500 MWp Núñez de Balboa plants in Spain; hydroelectric assets surpassing 14,000 MW such as the 1,158 MW Tâmega complex in Portugal and Baixo Iguaçu in Brazil; and green hydrogen facilities like the Puertollano plant in Spain, Europe's largest for industrial use with 20 MW electrolysis capacity. In networks, it manages major distribution and transmission assets, including recent expansions in the UK and US, while customer solutions encompass smart metering, EV charging via the bp pulse joint venture targeting 11,700 points in Iberia by 2030, and digital transformation initiatives. The company maintains a strong focus on A-rated jurisdictions, with 85% of its €58 billion 2025-2028 Strategic Plan allocated to the US (€16 billion), UK (€20 billion), Iberia (€9 billion), and Brazil (€7 billion), prioritizing networks to double regulated assets to €90 billion. Recent developments include the 2025 acquisition of an 88% stake in UK distributor Electricity North West (ENW) for €5 billion, solidifying the UK as its largest networks market at €14 billion in assets; the takeover of PREVI's stakes in Brazilian subsidiary Neoenergia, reaching 84% ownership for €1.92 billion in October and launching a tender for the remaining 16.2% for €1.03 billion in November to achieve full control; completion of the Avangrid merger in December 2024 for full US subsidiary ownership; sale of Mexico businesses for $4.2 billion in July 2025 and the UK smart meter unit to Macquarie for over €1 billion in September 2025 to fund organic growth; strengthened alliances such as adding 708 MW renewables with Norges Bank in Iberia for a €1.2 billion portfolio in September 2025, co-investments with Kansai in the 315 MW Windanker offshore project closed April 2025, and ongoing Masdar partnerships for offshore wind; and divestments like Baixo Iguaçu hydro to EDF/STOA in February 2025. These transactions underscore Iberdrola's asset rotation strategy, partnerships with sovereign funds and utilities, and commitment to electrification amid a market cap nearing €120 billion.