HOCHTIEF Aktiengesellschaft

HOCHTIEF Aktiengesellschaft

357.20
EUR
-16.90
(-4.52%)
13.44EPS
43.02P/E
38.24BMarket Cap
Nov 05Next Earn
HOCHTIEF Aktiengesellschaft
IOB:0EPW
(London Stock Exchange (International))

Recent

price

357.20

P/E

ratio

43.02

div

yld

0.09%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
EUR
301.58
316.46
346.85
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
531.66
Revenue per Share
8.17
-2.18
2.11
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
11.81
Basic EPS, GAAP
-12.15
-27
-19.34
-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
24.79
Free Cash Flow per Basic Share
4.67
3.95
2.05
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
Dividend per Share
40.31
35.31
35.87
32.69
31.82
32.89
28.23
9.57
26.17
18.2
9.82
11.76
15.08
16.43
14.25
16.85
17.22
Book Value per Share
32.39
25.89
26.17
20.71
19.16
19.34
7.65
-8.98
-2.37
-0.25
-5.45
-4.26
0.22
1.77
-29.91
-29.66
-31.6
Tangible Book Value per Share
67
74
74
72
69
67
64
64
65
71
69
68
72
75
75
75
75
Basic Weighted Avg Shares
20,159
23,282
25,528
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
40,003
Sales/Revenue/Turnover
3.55
2.62
1.8
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
2.78
Operating Margin (%)
764
978
950
798
503
410
287
369
549
1,465
690
314
344
321
594
670
652
Depreciation Expense
546
-160
155
171
252
208
320
421
543
-206
427
208
482
523
776
902
889
Net Income, GAAP
27.8
- -
29.32
29.85
- -
36.34
30.16
29.28
26.45
24.57
37.68
32.55
23.95
23.91
13.61
27.69
30.05
Effective Tax Rate (%)
2.71
-0.69
0.61
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
2.22
Profit Margin (%)
1,768
2,096
3,150
3,109
2,883
2,273
528
655
38
82
1,004
1,205
1,166
1,378
1,808
1,878
2,872
Working Capital
2,577
2,284
2,750
2,664
3,062
2,343
1,633
499
536
3,634
4,185
4,182
5,055
4,859
7,130
7,798
474
LT Debt
4,264
4,110
4,244
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
1,387
Total Equity
9.58
- -
7.97
8.63
- -
9.53
14.87
- -
560.58
17.23
8.54
4.07
5.94
6.06
12.28
11.86
39.35
Return on Invested Capital (%)
18.5
- -
1.84
0.32
- -
3.76
5.95
10.84
21.35
0.06
5.92
3.72
9.27
10.3
13.09
11.9
51.34
Return on Capital (%)
21.3
-5.76
5.93
6.98
11.33
9.64
16.2
34.65
44.07
-13.16
43.71
28.28
49.8
44.13
67.23
77.13
88.17
Return on Common Equity (%)

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
402
238
241
LT Borrowings
7,375
- -
- -
LT Finance Leases
423
465
474
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
75
75
75
Market Capitalization
25,146
28,802
38,244

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
15,892
16,539
19,360
Cash, Cash Equivalents & STI
6,805
6,637
8,958
Accounts Receivable, Net
5,057
9,092
9,505
Inventories
374
410
435
Total Current Liabilities
14,015
14,568
16,487
Payables & Accruals
- -
- -
- -
ST Debt
402
238
241
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

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

EUR

•

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
10,743
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.77
4.03
1.9
2.61
10.31
2025
4.09
2.3
2.32
3.28
11.99
2026
2.79
3.42
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5.12
2025
- -
- -
- -
0.31
6.76
2026
- -
- -
- -
- -
- -
Business
Hochtief AG is a global engineering-led infrastructure group that develops, designs, builds, operates and invests in advanced infrastructure projects with a focus on high-tech, energy transition and sustainable infrastructure. The company, founded in 1873 and headquartered in Essen, Germany, operates primarily through three divisions--Hochtief Americas (including Turner Construction and Flatiron), Asia Pacific Holdings (CIMIC Group) and Europe (Hochtief Infrastructure and Engineering)--delivering services across North America, Europe, Australia and Asia-Pacific; it provides construction management, civil engineering, building construction, engineering design and consultancy in transportation infrastructure (bridges, tunnels, railways, airports, roads), energy infrastructure (power plants, renewables, EV charging), urban and social infrastructure (healthcare, education, residential districts), digital infrastructure (data centers, telecom networks) and environmental technology facilities, as well as public-private partnership concessions and toll road operations via a 20% stake in Abertis. Hochtief serves public and private sector clients including governments, utilities and technology firms, with international projects comprising over 95% of revenue. Recent strategic developments include the July 2024 merger of its US subsidiaries Flatiron and Dragados to create the second-largest civil engineering firm in the United States, the acquisition of European advanced-tech engineering specialist Dornan in July 2024 to expand data center capabilities in Europe with a EUR 20 billion project pipeline, and the establishment of HOCHTIEF Data Center Partner Limited in the UK to replicate its German data center model. In the Asia-Pacific, CIMIC entered a strategic partnership with Sojitz in December 2025 to accelerate UGL Transport's growth into new markets and technologies including Asia-Pacific rail, while CIMIC increased its ownership of mining services provider Thiess to 60% in 2024 for AUD 320 million. Hochtief also extended its collaboration with infrastructure fund Palladio in May 2024 for five to 15 data centers and reported robust order intake growth of 19% through nine months of 2025, raising full-year profit guidance to EUR 750-780 million.

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