MAIRE S.p.A.

MAIRE S.p.A.

11.81
EUR
-0.55
(-4.45%)
4.68BMarket Cap
Oct 27Next 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
4.63
5.06
5.36
7.88
11.84
11
10.03
7.82
8.66
10.42
12.88
17.85
21.33
- -
Basic EPS, GAAP
0.06
0.16
0.14
0.24
0.4
0.34
0.34
0.18
0.25
0.27
0.38
0.61
0.8
- -
Free Cash Flow per Basic Share
-0.45
0.02
0.95
0.51
0.71
-0.07
-0.05
-0.06
0.6
0.84
1.13
0.87
1
- -
Dividend per Share
- -
- -
- -
0.05
0.1
0.13
0.12
- -
0.12
0.18
0.12
0.25
0.37
- -
Book Value per Share
0.11
0.3
0.41
0.56
0.89
0.94
1.24
1.26
1.5
1.5
1.6
1.81
2.18
1.77
Tangible Book Value per Share
-0.93
-0.74
-0.63
-0.5
-0.24
-0.14
0.12
0.11
0.3
0.26
0.19
0.23
0.48
-0.43
Basic Weighted Avg Shares
306
306
306
306
296
329
329
329
328
329
329
328
326
324
Sales/Revenue/Turnover
1,413
1,545
1,637
2,409
3,503
3,614
3,297
2,569
2,844
3,423
4,232
5,861
6,958
- -
Operating Margin (%)
3.34
7.58
8.76
7.43
6.05
6.01
6.73
4.54
5.73
5.11
5.96
6.28
6.27
- -
Depreciation Expense
20
9
6
6
7
19
44
44
41
48
57
61
67
- -
Net Income, GAAP
17
50
44
74
119
111
113
58
83
90
125
199
260
- -
Effective Tax Rate (%)
65.39
17.5
43.58
36.27
33
32.02
31.32
31.22
29.31
30.01
30.45
31.77
31.51
- -
Profit Margin (%)
1.2
3.25
2.68
3.09
3.39
3.06
3.43
2.25
2.93
2.63
2.96
3.39
3.74
- -
Working Capital
-37
-237
116
194
332
373
342
719
577
382
532
720
856
772
LT Debt
363
4
346
307
364
409
555
866
720
566
636
704
745
981
Total Equity
35
94
126
185
284
343
449
448
527
528
580
641
774
650
Return on Invested Capital (%)
5.12
14.1
10.93
15.2
15.58
13.61
10.82
5.84
6.27
7.57
10.04
13.28
14.81
- -
Return on Capital (%)
2.95
9.65
8.55
11.45
16.03
12.07
10.36
4.91
6.53
6.77
9.17
13.23
14.12
- -
Return on Common Equity (%)
- -
80.02
40.5
50.52
54.99
38.69
31.46
14.07
18.39
18.26
24.62
35.4
39.78
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
500
313
507
LT Borrowings
663
304
902
LT Finance Leases
82
81
79
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
326
326
327
Market Capitalization
4,258
4,339
4,676

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
7,142
7,054
7,581
Cash, Cash Equivalents & STI
1,375
1,362
1,567
Accounts Receivable, Net
1,480
1,609
1,734
Inventories
13
14
31
Total Current Liabilities
6,286
6,295
6,809
Payables & Accruals
- -
- -
- -
ST Debt
500
313
507
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.04%
11.77%
20.7%
Free Cash Flow
-111.87%
-197.75%
14.24%
Net Income, GAAP
25.62%
36.19%
31%
Sales/Revenue/Turnover
17.67%
22.38%
18.71%
Total Cash Common Dividend
- -
- -
46.22%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,264
1,341
1,528
1,728
5,861
2025
1,706
1,666
- -
1,723
6,958
2026
1,837
1,781
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.14
0.14
0.19
0.61
2025
0.19
0.2
- -
0.2
0.8
2026
0.21
0.22
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.2
0.01
0.03
0.25
2025
- -
- -
- -
- -
0.37
2026
- -
- -
- -
- -
- -

Company Description

CEO
Alessandro Bernini
Full Time Employees
10,755
Sector
Industrial services
Industry
Engineering & construction
Address
Via Gaetano De Castillia 6A Milan MI Italy 20124
IPO Date
Nov 5, 2007
Business
Maire Tecnimont S.p.A. is an Italian engineering and technology company specializing in integrated engineering, procurement, and construction (EPC) services primarily for the hydrocarbon sector, including petrochemicals, fertilizers, oil and gas refining, and energy infrastructure. The company offers a broad portfolio of products and services encompassing the design, construction, and maintenance of complex plants; proprietary technologies in nitrogen fertilizers; licensing and intellectual property management through its subsidiary Stamicarbon, a world leader in urea technology; and sustainable technology solutions such as carbon capture, hydrogen, and green chemistry developed under its NextChem subsidiary. Maire Tecnimont operates globally, with significant activities in Europe, the Middle East, North Africa, Central Asia, and the Americas, and is headquartered in Milan, Italy. It was founded in 2005 and manages a network of international engineering hubs supporting its global operations. Recent major changes include the implementation of the "Unbox the Future" 2023-2032 strategic plan, which reorganizes the group into two main business units: Sustainable Technology Solutions and Integrated Engineering & Construction Solutions. This plan emphasizes accelerating growth targets, enhancing project delivery capabilities, and expanding low-carbon and circular technologies to lead the energy transition. In 2024, Maire Tecnimont secured a $1.1 billion petrochemical contract in Algeria and engaged in local content and energy transition initiatives in Kazakhstan. The group also expanded partnerships with EDF and Nuward for small modular reactor (SMR) technology and launched the new NEXT-N project focusing on sustainable technologies. Additionally, Maire Tecnimont is navigating operational challenges related to its Russian projects amid geopolitical issues, including ongoing legal disputes and efforts to finalize key plant constructions. Maire Tecnimont’s current operations strongly focus on engineering and construction for hydrocarbons, fertilizers, and energy infrastructure, while aggressively expanding its footprint in sustainable technologies including green hydrogen, carbon capture and utilization, advanced recycling of plastics, and energy transition services. The group further invests in digital transformation, digital twins, and cybersecurity to enhance operational efficiencies. Its subsidiaries include Tecnimont, Stamicarbon, KT-Kinetics Technology, and NextChem, each specializing in distinct segments of the value chain from licensing to green chemistry and digital services. The company aims to sustain robust growth driven by innovation, strategic acquisitions, and a strong pipeline of complex international projects enhancing its leadership in both traditional and emerging energy markets. Overall, Maire Tecnimont stands as a global leader in integrated EPC solutions for energy and chemical industries, with a strategic pivot towards sustainability and decarbonization technologies complemented by a new investment plan and an ambitious 2025-2034 growth strategy targeting increased revenues and expanded technology portfolios across its diversified business segments.

Company News

  • TECNIMONT (MAIRE) FAIT SON ENTRÉE SUR LE MARCHÉ DU GNL GRÂCE À UN ACCORD STRATÉGIQUE AVEC ARGENT LNG AUX ÉTATS-UNIS POUR LE DÉVELOPPEMENT D'UN CENTRE D'EXPORTATION DE GNL EN LOUISIANE