1. Italy Stocks

  2. •

    Utilities

  3. •

    Alternative power generation
ERG S.p.A.

ERG S.p.A.

22.19
EUR
-0.08
(-0.36%)
0.54EPS
75.94P/E
3.49BMarket Cap
Mar 16Next Earn
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
31.63
6.99
6.45
7.11
7.08
6.88
6.86
5.73
4.02
4.77
5.03
5.02
5.11
5.3
Basic EPS, GAAP
0.2
0.33
0.14
0.85
1.39
0.89
0.21
0.72
1.16
2.53
1.21
1.28
0.45
0.32
Free Cash Flow per Basic Share
1.29
1.65
0.51
2.24
2.28
1.5
3.18
2
-0.33
2.34
3.91
1.71
1.59
3.45
Dividend per Share
0.48
1.15
0.5
0.99
0.5
1.15
0.75
0.77
0.76
0.93
1.05
1.04
1.04
- -
Book Value per Share
12.42
11.7
11.39
11.62
12.62
12.29
11.92
11.81
10.47
13.68
14.47
14.71
13.62
13
Tangible Book Value per Share
8.76
8.22
4.48
6.23
7.51
6.03
4.46
4.76
3.79
4.45
4.95
3.89
3.92
2.98
Basic Weighted Avg Shares
143
143
143
144
149
149
149
149
150
150
147
146
145
145
Sales/Revenue/Turnover
4,516
999
921
1,025
1,054
1,024
1,022
856
601
714
741
733
744
770
Operating Margin (%)
4.58
15.86
16.28
19.73
20.03
20.35
18.45
17.95
33.06
36.98
39.84
33.09
30.74
31.41
Depreciation Expense
210
188
163
254
252
274
306
313
228
279
225
278
354
276
Net Income, GAAP
28
48
21
122
207
133
32
108
173
379
179
187
65
46
Effective Tax Rate (%)
90.28
156.21
34.19
22.5
23.51
27.56
37.34
14.51
27.12
52.31
25.53
15.22
25.58
28.74
Profit Margin (%)
0.63
4.78
2.24
11.94
19.63
12.96
3.09
12.6
28.75
53.08
24.11
25.54
8.74
5.96
Working Capital
968
1,118
740
544
665
689
690
711
800
471
624
169
253
165
LT Debt
1,273
1,133
1,834
1,792
1,681
1,780
2,063
2,064
2,173
1,900
2,171
2,360
2,365
2,419
Total Equity
2,014
1,719
1,676
1,729
1,877
1,829
1,786
1,768
1,569
2,055
2,140
2,223
2,045
1,951
Return on Invested Capital (%)
0.55
-2.48
2.7
4.09
4.17
3.8
3
3.11
2.7
2.22
5.08
4.24
2.47
2.21
Return on Capital (%)
-0.69
0.11
0.98
4.02
6.53
4.38
1.6
3.7
4.38
8.37
4.82
5.65
2.23
0.89
Return on Common Equity (%)
1.6
2.77
1.25
7.3
11.47
7.16
1.75
6.11
10.42
21.03
8.55
8.74
3.15
2.35

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
260
- -
250
LT Borrowings
2,137
- -
2,179
LT Finance Leases
228
246
240
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
145
145
145
Market Capitalization
3,189
3,273
3,489

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
889
- -
799
Cash, Cash Equivalents & STI
509
444
472
Accounts Receivable, Net
135
- -
133
Inventories
25
- -
26
Total Current Liabilities
636
- -
634
Payables & Accruals
- -
- -
- -
ST Debt
260
- -
250
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.56%
3.96%
-7.99%
Free Cash Flow
-53.11%
-183.46%
-7.35%
Net Income, GAAP
75.84%
13.2%
-65.28%
Sales/Revenue/Turnover
-1.2%
-1.38%
1.51%
Total Cash Common Dividend
18.04%
6.01%
-0.49%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
218
168
156
196
733
2025
199
- -
176
186
744
2026
231
178
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.54
0.34
0.17
0.39
1.28
2025
- -
- -
0.19
-0.31
0.45
2026
0.42
0.02
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.04
2025
- -
- -
- -
- -
1.04
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Paolo Luigi Merli
Full Time Employees
672
Sector
Utilities
Industry
Alternative power generation
Address
Torre WTC Genoa GE Italy 16149
IPO Date
Oct 1, 1997
Website
erg.eu
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Business
ERG S.p.A. (ERG.MI) serves as a leading independent producer of clean energy from renewable sources, focusing on wind power generation, solar photovoltaic energy production; battery energy storage systems; and related energy management, sales, operation, maintenance, business development, and mergers and acquisitions services. The company operates onshore wind farms as Italy's largest operator and one of Europe's top ten, solar facilities ranking among Italy's top ten producers, and emerging battery storage assets, alongside minor hydroelectric contributions in regions such as Umbria, Marche, and Lazio. ERG conducts activities across nine European countries including Italy, France, Germany, the United Kingdom, Sweden, Poland, Bulgaria, Romania, and Spain, plus the United States; it maintains headquarters in Genoa, Italy, where Edoardo Garrone founded the company in 1938, and functions as a subsidiary of SQ Renewables S.p.A. Recent developments encompass a strategic partnership with IFM Investors via SQ Renewables, elevating IFM's stake to 49% in April 2024; entry into the U.S. renewable market through a April 2024 collaboration with Apex Clean Energy acquiring a 317 MW wind and solar portfolio (224 MW wind, 92 MW solar); multiple repowering and greenfield projects adding capacity such as 101 MW in Italy's Mineo-Militello-Vizzini, 172 MW wind acquisitions in Italy, 230 MW wind startups across Europe, 29 MW solar and 41 MW wind in France; first battery storage system operational at 13 MW in Sicily's Vicari; a long-term PPA signed in 2025 with A2A covering 90% of output from Sicily's Castelvetrano Salemi wind farm starting 2027; and a fourth 500 million euro Green Bond issuance under sustainable finance initiatives.