Ferrovial SE Stock Price, News & Analysis

Ferrovial (NYSE:FER) reported nine-month 2025 results on Oct 29, 2025 showing like‑for‑like revenue of €6.9 billion (+6.2%) and adjusted EBITDA €1,031 million (+4.8%). Adjusted EBIT was €691 million (+6.0%). Highways revenue rose 14.4% LFL to €1.0 billion, driven by North America and dividends from projects. The company completed divestments of Heathrow and AGS for a combined €1,073 million, received €406 million in project dividends, and acquired a 5.06% stake in 407 ETR for €1.3 billion. Construction order book reached €17.17 billion (+9.1%). Liquidity stood at €4.2 billion and net debt excluding infrastructure was -€706 million.

Ferrovial (NYSE:FER) reported nine-month 2025 results on October 28, 2025 showing revenue €6.9bn (+6.2% like-for-like) and adjusted EBITDA €1.03bn (+4.8% like-for-like).

The company cited strong North American highways performance, a construction order book €17.2bn, liquidity of €4.2bn, and consolidated net debt of €6.34bn (net debt excluding infrastructure projects: -€706m).

Key transactions: divestments of Heathrow €539m and AGS €534m, acquisition of 5.06% of 407 ETR for €1.3bn, €426m in shareholder distributions and €239m equity injected into JFK New Terminal One.

Ferrovial (FER) declared a second 2025 interim scrip dividend totalling EUR 342,000,000, payable in cash or in Ferrovial shares at shareholder election.

The company will announce the dividend per share on 23 October 2025. Shares trade ex-dividend on 24 October 2025 in Europe and on 27 October 2025 in the US, with a record date of 27 October 2025. Shareholders may elect cash or shares from 28 October–11 November 2025 (different cutoffs apply by clearing system).

The share Ratio will be set using the VWAP on the Spanish Stock Exchanges on 7, 10 and 11 November 2025; payment and delivery start from 3 December 2025. Cash distributions are generally subject to 15% Dutch withholding tax; further tax details and USD conversion rules apply for certain holders.

Ferrovial (FER) has announced plans to develop a 250 MW solar photovoltaic facility in Milam County, Texas, with a total investment of $355 million. The project will generate approximately 450 GWh of electricity annually, enough to power 43,000 homes.

Construction is set to begin in the coming months, creating 300 jobs during the build phase, with power generation expected to start by 2027. The facility adds to Ferrovial's existing energy portfolio in Texas, which includes a 257 MWdc plant in Leon County and a 72 MW PV plant near Houston.

Ferrovial (FER) reported strong H1 2025 results with net profit rising 30% to €540 million. The company achieved revenue of €4.5 billion (up 5% like-for-like) and adjusted EBITDA of €655 million (up 9.2% like-for-like).

Key highlights include robust performance in U.S. highways with significant revenue per transaction growth, and Construction division reaching an all-time high order book of €17.3 billion. The company maintains a solid financial position with €3.7 billion in liquidity. Notable transactions include the sale of 50% stake in AGS Airports for €533 million and acquisition of 5.06% stake in 407 ETR for €1.3 billion.

The Highways division saw 14.9% revenue growth to €676 million, while Construction achieved a 3.5% adjusted EBIT margin. The New Terminal One at JFK Airport project is progressing as planned with 72% construction completion.

Ferrovial (FER) has announced three key leadership appointments within its Highways division, Cintra. Alberto González has been appointed as Director of Business Development, Javier Tamargo as U.S. CEO, and Ricardo Bosch as Director of Strategy. All executives will be based in Austin, TX and report to Cintra CEO Andrés Sacristán.

The appointments strengthen Cintra's leadership team with experienced executives: González brings over 20 years of infrastructure development experience, Tamargo has extensive experience managing highway assets in North America, and Bosch contributes 25 years of international experience in public-private partnerships. These strategic appointments aim to support Ferrovial's expansion in the U.S. and global markets.

Ferrovial (NASDAQ: FER), a global infrastructure leader, has scheduled its Q2 and H1 2025 earnings announcement for July 29, 2025, after U.S. market close. CEO Ignacio Madridejos will lead a conference call on July 30, 2025, at 9:00 a.m. ET to discuss the company's financial and operating performance.

Investors and interested parties can participate via webcast or conference call, with registration available through Ferrovial's IR website.

Ferrovial has completed the acquisition of a 5.06% stake in Canada's 407 ETR highway for CAD $1.99 billion, increasing its total ownership from 43.23% to 48.29%. The transaction involves purchasing 3.30% for CAD $1.353 billion and exercising a call option for an additional 1.76% for CAD $637 million from AtkinsRéalis Group. Following concurrent transactions involving CPP Investments and PSP Investments, the highway's ownership structure is now: Ferrovial (48.29%), CPP Investments and other institutional investors (44.20%), and PSP Investments (7.51%). The 407 ETR is a 108-kilometer electronic toll highway in the Greater Toronto Area, serving over three million travelers weekly and playing a crucial role in reducing regional congestion.

Ferrovial (FER) has announced details of its interim scrip dividend totaling EUR 228 million, with a dividend per share of EUR 0.3182. Shareholders can choose to receive the dividend in either shares or cash, with a default option of shares if no election is made. The key dates include: ex-dividend date of May 22, 2025, for Spanish and Euronext exchanges and May 23, 2025, for Nasdaq, dividend record date of May 23, 2025, and election periods running from May 26 to June 6, 2025. The dividend payment and new share delivery are scheduled to begin from June 25, 2025.