FER financial statements
The full income statement, balance sheet, and cash-flow statement for Ferrovial N.V. (FER), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | |
| Revenue | 10.9B+10.0% | 9.90B+7.5% | 9.21B+16.0% | 7.94B | |
| Operating income | — | 3.36B+397.7% | 676M+52.0% | 445M | |
| Pre-tax income | 1.21B-69.1% | 3.92B+493.9% | 660M+131.5% | 285M | |
| Income tax | -67.9M-143.3% | 157M+26.2% | 124M+294.3% | 31.5M | |
| 1.30B-65.5% | 3.78B+583.3% | 553M+72.3% | 321M | ||
| Net income to common | 1.00B-71.3% | 3.50B+850.4% | 369M+86.6% | 198M | |
| $1.40-71.0% | $4.84+872.3% | $0.50+89.3% | $0.26 | ||
| EPS (basic) | $1.40-71.0% | $4.84+872.3% | $0.50+89.3% | $0.26 | |
| Weighted-avg shares (basic) | 719M-0.8% | 724M-0.6% | 728M+0.7% | 723M | |
| Weighted-avg shares (diluted) | 719M-0.8% | 724M-0.6% | 728M+0.7% | 723M | |
| Dividends per share | $0.24+25.7% | $0.19-3.5% | $0.20+5.3% | $0.19 | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | |
| 8.59B+7.3% | 8.00B+3.4% | 7.74B | — | ||
| Cash & equivalents | 5.02B-0.4% | 5.04B-5.0% | 5.30B-3.1% | 5.47B | |
| Accounts receivable | 2.64B+13.5% | 2.32B+25.2% | 1.86B+8.8% | 1.71B | |
| Inventory | 634M+23.6% | 513M+1.2% | 507M | — | |
| 32.2B+6.5% | 30.2B+3.8% | 29.1B | — | ||
| Property, plant & equipment | 1.19B+47.6% | 805M+22.5% | 657M | — | |
| Goodwill | 484M-7.2% | 521M-0.8% | 526M+3.0% | 511M | |
| Total non-current assets | 23.6B+6.2% | 22.2B+4.0% | 21.4B | — | |
| Total current liabilities | 7.59B+15.5% | 6.57B+2.8% | 6.39B | — | |
| Total liabilities | 23.2B+6.6% | 21.8B-3.7% | 22.6B | — | |
| 6.94B+9.5% | 6.34B+52.0% | 4.17B-7.6% | 4.51B | ||
| Total equity incl. non-controlling | 9.00B+6.3% | 8.47B+30.1% | 6.51B-5.7% | 6.90B | |
| Shares outstanding (cover) | 721M-0.2% | 722M | — | — | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | |
| 2.18B+55.8% | 1.40B+2.4% | 1.37B+29.7% | 1.05B | ||
| Depreciation & amortization | 554M+16.2% | 477M+10.0% | 434M+38.0% | 314M | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt issued | 1.19B+635.5% | 162M-84.4% | 1.04B-17.8% | 1.27B | |
| Long-term debt repaid | 1.08B+51.8% | 711M-12.0% | 808M+15.6% | 699M | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 12.5M-57.0% | 29.0M | 0.00 | 0.00 | |
| Dividends paid | 177M+25.5% | 141M-4.4% | 147M+6.0% | 139M | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | |
| Market cap | 46.6B+53.5% | 30.3B+18.4% | 25.6B | — | |
| P/E | 35.8×+345.4% | 8.0×-89.9% | 79.9× | — | |
| P/S | 4.3×+39.5% | 3.1×-5.0% | 3.2× | — | |
| P/B | 6.7×+40.1% | 4.8×-15.7% | 5.7× | — | |
| Earnings yield | 2.8%-77.5% | 12.4%+894.5% | 1.3% | — | |
| Dividend yield | 0.38%-18.2% | 0.46%-18.7% | 0.57% | — | |
| Source filing | 20-F | 20-F | 10-K | 10-K |
About this data
Source: FER’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FER filings on SEC EDGAR → Not investment advice.