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MARKETS / TEFOF
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE) · LARGE CAP

Telefonica S A TEFOF

10 fiscal years on record · EUR · FY2024 reported · SEC filings only
€41.3B
▲ 1.6% YoY
€-49.0M
In brief

What this company does

Telefónica provides telecommunications services in markets in Europe and Latin America. Within its core telecommunications business, Telefónica deploys networks based on fiber and 5G in the societies where it operates. Telefónica's total accesses were 389.9 million as of December 31, 2024. A fixed and mobile bundled offer from Telefónica carries services over connectivity, video and digital services among them. Beyond core connectivity, the portfolio at Telefónica takes in Internet of Things, cybersecurity, Big Data, Artificial Intelligence and Cloud services. In Spain, more than 90% of Telefónica's retail copper network has been switched off. Telefónica Hispam's total accesses reached 108.9 million as of December 31, 2024.

Written from the business description in TELEFONICA, S.A.'s annual report to the U.S. Securities and Exchange Commission, filed 27 February 2025. Every sentence was checked against that document before publication.

Growth
EUR 41.3B
Revenue, FY2024 · full 10-year series below
Revenue €B Net income €B
FY2024 · Revenue 41.3 · Net income -0.0
20B40B2015201620172018201920202021202220232024
Compound annual growth
+1.7%
−3.1%
−20.9%
−6.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −3.1% a year over five years.

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
1 cents
of every revenue dollar became profit
Operating margin Net margin
FY2024 · Operating 5.8% · Net 0.5%
10%20%30%2015201620172018201920202021202220232024
ROE
FY2024 · ROE -0.2%
20%40%2015201620172018201920202021202220232024

Each EUR of equity lost 0 cents this year.

Cash & shareholders
EUR 2.0B
returned in FY2024 · dividends + net buybacks
Net buybacks €B Dividends €B
FY2024 · Dividends 1.9 · Net buybacks 0.1
2.0B4.0B-0.5B-1.0BDividendsNet buybacks2015201620172018201920202021202220232024

EUR 1.9B in dividends and EUR 145.0M in buybacks went back to shareholders in a year without profit.

Total assetsEUR 100.5B
EquityEUR 19.3B
CashEUR 8.1B
Current ratio0.87×

Equity funds 19% of total assets.

The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · EUR
row low → row highnegative
Metric 2024202320222021202020192018201720162015
Revenue €B41.340.740.039.343.148.448.752.052.054.9
Operating income €B2.42.64.113.64.14.56.56.85.53.5
EBITDA €B11.211.412.922.013.515.115.616.215.113.2
Income tax €B0.3−0.90.61.40.61.11.61.20.80.2
Net income €B−0.0−0.92.08.11.61.13.33.12.40.6
EPS, diluted−0.06−0.200.311.340.220.150.540.560.420.07
Dividend / sh··········
Payout %−3851−2406945822408479123450
ROE %−0.2−3.88.548.711.26.519.117.913.0·

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

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Provenance
Company facts, as filed
How we verify · 5 failures · 5 divergences in 38 reconciliationsAUDITED

No fiscal year had a computed check that closed clean. 5 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 38 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente5 failures5 divergent
ActivityTelephone Communications (No Radiotelephone)
Listed onnot stated in the filings
Incorporated inoutside the United States — SEC code U3
Fiscal year endsDecember 31
Data on record since2015

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