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MARKETS / NASDAQ / FER
NASDAQ · HEAVY CONSTRUCTION OTHER THAN BLDG CONST - CONTRACTORS · SMALL CAP

Ferrovial N.v. FER

4 fiscal years on record · EUR · FY2025 reported · SEC filings only
€9.6B
▲ 5.2% YoY
€888.0M
▼ 72.6% YoY
In brief

What this company does

Ferrovial undertakes its activities through four operating divisions, or Business Divisions, that also correspond to its reporting segments: Highways, Airports, Construction and Energy. The company has been active internationally for over 40 years and operates across seven core geographic markets comprising Spain, the United States, the United Kingdom, Canada, Poland, Chile and India, with over 22,609 employees. The Highways Business Division develops, finances and operates toll road projects, conducted through Cintra, a wholly owned subsidiary. The Airports Business Division develops, finances and invests in airports, and Ferrovial Airports integrates all of the group's airport management activities. Within the Construction Business Division, Ferrovial Construction is involved in all areas of civil engineering, residential building and non-residential building internationally. In the Energy Business Division, its activities include the development, finance, construction and operation of renewable generation, storage and transmission line infrastructures, and the provision of energy efficiency solutions. The company was founded as a construction group focusing on railway infrastructure and later expanded into other activities including highways, airport management and energy.

Written from the business description in Ferrovial N.V.'s annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.

Growth
EUR 9.6B
Revenue, FY2025 · full 4-year series below
Revenue €B Net income €B
FY2025 · Revenue 9.6 · Net income 0.9
4B8B2022202320242025
Compound annual growth
+8.4%
+67.8%
+70.5%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
12 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating — · Net 11.9%
10%20%30%2022202320242025
ROE
FY2025 · ROE 14.8%
20%40%60%2022202320242025

Each EUR of equity produced 15 cents of profit this year.

Cash & shareholders
EUR 11.0M
returned in FY2025 · dividends + net buybacks
Net buybacks €M Dividends €M
FY2025 · Dividends — · Net buybacks 11.0
10M20M20242025

EUR 11.0M in buybacks — 1% of the year's profit went back to shareholders.

Total assetsEUR 27.4B
EquityEUR 5.9B
CashEUR 4.3B
Gross debtEUR 10.4B
Net debtEUR 6.2B
Current ratio1.13×

Net debt stands at 104% of equity.

The 4-year record
4 fiscal years
Every figure from documents filed with the SEC · EUR
row low → row highnegative
Metric 2025202420232022
Revenue €B9.69.18.57.6
Operating income €B·3.10.60.4
EBITDA €B·3.51.00.7
Income tax €B−0.10.10.10.0
Net income €B0.93.20.30.2
EPS, diluted1.244.470.460.25
Dividend / sh····
Payout %····
ROE %14.865.88.54.4

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 14 reconciliationsAUDITED

Reconciled in 4 of 19 fiscal years. 62 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityHeavy Construction Other Than Bldg Const - Contractors
Listed onNASDAQ
Incorporated inoutside the United States — SEC code P7
Fiscal year endsDecember 31
Data on record since2022

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