Financials · FER

Ferrovial N.V. (FER) financials

For fiscal 2025 (ended Dec 31, 2025), Ferrovial N.V. reported €9.63B of revenue and €888.00M of net income. Figures are in EUR, the currency of its SEC filings.

Revenue, FY2025
€9.63B
Revenue growth, YoY
+5.2%
Net income, FY2025
€888.00M
Net income growth, YoY
-72.6%
Net margin
9.2%
EPS, diluted, FY2025
€1.24
EPS growth, YoY
-72.3%
Cash
€4.27B
Total debt
€10.43B
Annual revenue€9.63B
FY2022FY2025
Annual net income€888.00M
FY2022FY2025

FER revenue and earnings growth

FER revenueFY2025€9.63B

FY YoY
+5.2%

FER revenue was €9.63B for fiscal 2025 (ended Dec 31, 2025), up 5.2% from fiscal 2024. It rose in each of the last 3 fiscal years.

FER net incomeFY2025€888.00M

FY YoY
-72.6%

FER net income was €888.00M for fiscal 2025 (ended Dec 31, 2025), down 72.6% from fiscal 2024. It rose in 2 of the last 3 fiscal years.

FER EPSFY2025€1.24

FY YoY
-72.3%

FER diluted EPS was €1.24 for fiscal 2025 (ended Dec 31, 2025), down 72.3% from fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Revenue€9.63B€9.15B€8.52B€7.55B
Operating income-€3.11B€625.00M€423.00M
Pre-tax income€1.07B€3.62B€610.00M€271.00M
Income tax-€60.00M€145.00M€115.00M€30.00M
Net income€888.00M€3.24B€341.00M€188.00M
EPS, basic€1.24€4.47€0.46€0.25
EPS, diluted€1.24€4.47€0.46€0.25
Diluted shares718.7M724.2M728.3M723.5M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Cash and equivalents€4.27B€4.83B€4.79B€5.13B
Receivables€2.25B€2.23B€1.68B€1.60B
Inventory€540.00M€492.00M€458.00M-
Current assets€7.31B€7.67B€6.99B-
Goodwill€412.00M€500.00M€475.00M€479.00M
Total assets€27.42B€29.00B€26.32B-
Current liabilities€6.46B€6.30B€5.78B-
Short-term debt€1.07B€1.20B€942.00M-
Total debt€10.43B€11.29B€11.38B-
Total liabilities€19.75B€20.88B€20.44B-
Shareholders' equity€5.91B€6.08B€3.77B€6.47B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Operating cash flow€1.93B€1.29B€1.26B€1.00B
Investing cash flow-€891.00M€1.31B-€425.00M-€732.00M
Financing cash flow-€1.48B-€2.59B-€1.30B-€316.00M
Depreciation and amortization€490.00M€441.00M€401.00M€299.00M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Revenue growth, YoY5.2%7.4%12.7%-
Net income growth, YoY-72.6%849.9%81.4%-
EPS growth, YoY-72.3%871.7%84.0%-
Operating margin-34.0%7.3%5.6%
Net margin9.2%35.4%4.0%2.5%
Return on equity15.0%53.3%9.1%2.9%
Return on assets3.2%11.2%1.3%-
Current ratio1.131.221.21-
Debt to equity1.761.863.02-

Source: XBRL data Ferrovial N.V. files with the SEC, latest filing dated Feb 25, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

FER peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
FER€9.63B+5.2%€888.00M9.2%$42.24B
LMT$79.12B+7.9%$6.51B8.2%$131.00B
TDG$10.01B+16.6%$2.13B21.3%$66.17B
RKLB$769.15M+52.5%-$165.46M-21.5%$33.32B
ESLT$7.94B+16.3%$534.34M6.7%$31.75B
J$14.22B+20.1%$338.43M2.4%$17.43B
TTEK$5.07B-7.6%$435.98M8.6%$10.32B

FER FAQ

7 questions
  • What is FER revenue?
    Ferrovial N.V. (FER) reported €9.63B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 5.2% from the year before.
  • Is FER profitable?
    Yes. Ferrovial N.V. earned €888.00M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 9.2%.
  • How much cash and debt does FER have?
    Ferrovial N.V. reported €4.27B in cash and cash equivalents and €10.43B of debt on its most recent balance sheet in SEC filings.
  • How fast is FER revenue growing?
    Ferrovial N.V.'s revenue changed +5.2% in fiscal 2025, to €9.63B.
  • What is FER earnings per share?
    Diluted earnings per share were €1.24 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did FER last report financial results?
    The latest statements here come from Ferrovial N.V.'s 20-F filed on Feb 25, 2026, covering the period ended Dec 31, 2025.
  • Where does this FER financial data come from?
    Quantisnow builds these statements from the structured XBRL data Ferrovial N.V. files with the SEC. It is provided for information only and is not investment advice.