Ferrovial N.V. (FER) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 21, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Feb 25, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FER SEC filings page.
Ferrovial N.V. (FER) reported $11.3B in revenue for fiscal year 2025, up 19.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 5 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Ferrovial N.V.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Ferrovial N.V.'s revenue surged 19.3% year-over-year to $11.3B, reflecting rapid business expansion. This strong growth earns a score of 64/100.
Ferrovial N.V. has a moderate D/E ratio of 1.58. This balance of debt and equity financing earns a leverage score of 36/100.
Ferrovial N.V.'s current ratio of 1.13 is below the typical benchmark, resulting in a score of 26/100. However, the company holds substantial cash reserves (66% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.
Not available for Ferrovial N.V., so it is left out of the overall score, which averages the 5 of 6 dimensions that can be computed.
Ferrovial N.V.'s ROE of 15.0% shows moderate profitability relative to equity, earning a score of 51/100. This is down from 53.3% the prior year.
Ferrovial N.V. passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) passes.
For every $1 of reported earnings, Ferrovial N.V. generates $2.17 in operating cash flow ($2.3B OCF vs $1.0B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Ferrovial N.V. generated $11.3B in revenue in fiscal year 2025. This represents an increase of 19.3% from the prior year.
Ferrovial N.V. reported $1.0B in net income in fiscal year 2025. This represents a decrease of 68.9% from the prior year.
Ferrovial N.V. earned $1.46 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 68.5% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Ferrovial N.V. held $5.0B in cash against $11.0B in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Ferrovial N.V.'s net profit margin was 9.2% in fiscal year 2025, showing the share of revenue converted to profit. This is down 26.2 percentage points from the prior year.
Ferrovial N.V.'s ROE was 15.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 38.3 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Ferrovial N.V. spent $12.9M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 53.4% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
FER Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F |
|---|---|---|---|---|
| Revenue | $11.3B+19.3% | $9.5B+0.5% | $9.4B+16.6% | $8.1B |
| Operating Income | N/A | $3.2B+365.5% | $691.4M+52.8% | $452.5M |
| EBITDA | N/A | $3.7B+223.8% | $1.1B+46.9% | $772.4M |
| Interest Expense | N/A | $283.6Mn/m | -$254.4Mn/m | -$339.1M |
| Income Tax | -$70.4M-146.9% | $150.1M+18.0% | $127.2M+296.4% | $32.1M |
| Net Income | $1.0B-68.9% | $3.4B+788.8% | $377.2M+87.6% | $201.1M |
| EPS (Basic) | $1.46-68.5% | $4.63+809.2% | $0.51+90.3% | $0.27 |
| EPS (Diluted) | $1.46-68.5% | $4.63+809.2% | $0.51+90.3% | $0.27 |
| Diluted Shares (Avg) | 719M-0.8% | 724M-0.6% | 728M+0.7% | 723M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses.
FER Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F |
|---|---|---|---|---|
| Total Assets | $32.2B+7.2% | $30.0B+3.1% | $29.1B | N/A |
| Current Assets | $8.6B+8.0% | $7.9B+2.7% | $7.7B | N/A |
| Cash & Equivalents | $5.0B+0.3% | $5.0B-5.7% | $5.3B-3.5% | $5.5B |
| Inventory | $633.7M+24.4% | $509.3M+0.5% | $506.6M | N/A |
| Accounts Receivable | $2.6B+14.2% | $2.3B+24.3% | $1.9B+8.4% | $1.7B |
| Goodwill | $483.5M-6.6% | $517.6M-1.5% | $525.4M+2.5% | $512.4M |
| Total Liabilities | $23.2B+7.3% | $21.6B-4.4% | $22.6B | N/A |
| Current Liabilities | $7.6B+16.3% | $6.5B+2.1% | $6.4B | N/A |
| Non-Current Liabilities | $15.6B+3.4% | $15.1B-7.0% | $16.2B | N/A |
| Long-Term Debt | $11.0B+5.1% | $10.4B-9.5% | $11.5B | N/A |
| Total Equity | $6.9B+10.3% | $6.3B+50.9% | $4.2B-8.0% | $4.5B |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments, Retained Earnings.
FER Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F |
|---|---|---|---|---|
| Operating Cash Flow | $2.3B+68.9% | $1.3B-4.2% | $1.4B+30.3% | $1.1B |
| Depreciation & Amortization | $575.1M+26.0% | $456.5M+2.9% | $443.6M+38.7% | $319.9M |
| Investing Cash Flow | -$1.0B-176.9% | $1.4Bn/m | -$470.1Mn/m | -$783.1M |
| Financing Cash Flow | -$1.7Bn/m | -$2.7Bn/m | -$1.4Bn/m | -$338.1M |
| Dividends Paid | $183.1M+36.1% | $134.6M-10.6% | $150.4M+6.5% | $141.2M |
| Share Buybacks | $12.9M-53.4% | $27.7M | N/A | N/A |
Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow.
FER Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F |
|---|---|---|---|---|
| Operating Margin | N/A | 34.0%+26.6pp | 7.3%+1.7pp | 5.6% |
| Net Margin | 9.2%-26.2pp | 35.4%+31.4pp | 4.0%+1.5pp | 2.5% |
| Return on Equity | 15.0%-38.3pp | 53.3%+44.3pp | 9.0%+4.6pp | 4.4% |
| Return on Assets | 3.2%-7.9pp | 11.2%+9.9pp | 1.3% | N/A |
| Current Ratio | 1.13-0.1x | 1.220.0x | 1.21 | N/A |
| Debt-to-Equity | 1.58-0.1x | 1.66-1.1x | 2.77 | N/A |
| Liabilities-to-Equity | 3.34-0.1x | 3.44-2.0x | 5.43 | N/A |
| Asset Turnover | 0.350.0x | 0.320.0x | 0.32 | N/A |
Not reported in any period shown, so not listed: Gross Margin, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Ferrovial N.V. FER | FY2025 | $11.3B | $1.0B | 9.2% | $36.0B | 49/100 |
| Quanta Services, Inc. PWR | FY2025 | $28.5B | $1.0B | 3.6% | $90.4B | 54/100 |
| EMCOR Group, Inc. EME | FY2025 | $17.0B | $1.3B | 7.5% | $30.8B | 59/100 |
| Comfort Systems USA, Inc. FIX | FY2025 | $1.8B | $1.0B | 55.8% | $49.3B | 61/100 |
| Aecom ACM | FY2025 | $16.1B | $561.8M | 3.5% | $7.7B | 50/100 |
| Jacobs Solutions Inc. J | FY2025 | $12.0B | $289.3M | 2.4% | $16.7B | 52/100 |
Where Ferrovial N.V. Ranks
Frequently Asked Questions
What is Ferrovial N.V.'s annual revenue?
Ferrovial N.V. (FER) reported $11.3B in total revenue for fiscal year 2025. This represents a 19.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Ferrovial N.V.'s revenue growing?
Ferrovial N.V. (FER) revenue grew by 19.3% year-over-year, from $9.5B to $11.3B in fiscal year 2025.
Is Ferrovial N.V. profitable?
Yes, Ferrovial N.V. (FER) reported a net income of $1.0B in fiscal year 2025, with a net profit margin of 9.2%.
How much debt does Ferrovial N.V. have?
As of fiscal year 2025, Ferrovial N.V. (FER) had $5.0B in cash and equivalents against $11.0B in long-term debt.
What is Ferrovial N.V.'s net profit margin?
Ferrovial N.V. (FER) had a net profit margin of 9.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Ferrovial N.V.'s return on equity (ROE)?
Ferrovial N.V. (FER) has a return on equity of 15.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Ferrovial N.V.'s operating cash flow?
Ferrovial N.V. (FER) generated $2.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Ferrovial N.V.'s total assets?
Ferrovial N.V. (FER) had $32.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Ferrovial N.V.'s current ratio?
Ferrovial N.V. (FER) had a current ratio of 1.13 as of fiscal year 2025, which is considered adequate.
What is Ferrovial N.V.'s debt-to-equity ratio?
Ferrovial N.V. (FER) had a debt-to-equity ratio of 1.58 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Ferrovial N.V.'s liabilities-to-equity ratio?
Ferrovial N.V. (FER) had a liabilities-to-equity ratio of 3.34 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Ferrovial N.V.'s return on assets (ROA)?
Ferrovial N.V. (FER) had a return on assets of 3.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Ferrovial N.V.'s P/E ratio?
Ferrovial N.V. (FER) trades at 34.5x earnings, its market capitalization divided by $1.0B net income, FY2025. The market capitalization is $36.0B as of Oct 21, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Ferrovial N.V.'s price-to-sales ratio?
Ferrovial N.V. (FER) trades at 3.2x sales, its market capitalization divided by $11.3B revenue, FY2025. The market capitalization is $36.0B as of Oct 21, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Ferrovial N.V.'s Piotroski F-Score?
Ferrovial N.V. (FER) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Ferrovial N.V.'s earnings high quality?
Ferrovial N.V. (FER) has an earnings quality ratio of 2.17x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Ferrovial N.V.?
Ferrovial N.V. (FER) scores 49 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For Ferrovial N.V. it averages the 5 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.