ACS, Actividades de Construcción y Servicios

ACS · BME · EUR

€95.00+3.20%+€2.95

Close · October 2, 2026

At a glance

Revenue growth: +19.75%; 2025 vs 2024
Net income growth: +14.83%; 2025 vs 2024
Net margin: 1.9%; 2024: 2.0%

Financial data

Amounts in millions of EUR; per-share values in EUR; shares in millions.

Balance sheet · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total assets	45,189	42,025	36,498	37,580	35,664	37,334	39,695	35,701	31,339	33,400
Current assets	29,400	26,949	23,583	25,159	24,654	24,315	25,151	21,485	20,634	20,734
Cash and equivalents	12,100	11,414	9,087	9,420	11,253	8,081	8,131	6,966	6,319	5,655
Short-term investments	1,114	929	962	997	1,038	1,191	1,104	851	625	1,177
Receivables	13,259	11,542	9,647	8,748	8,623	10,663	12,631	11,268	11,202	11,091
Inventory	874	1,024	790	829	742	715	916	867	1,020	1,407
Net property, plant and equipment	2,405	3,003	1,727	1,709	1,405	2,008	2,730	2,575	1,756	1,976
Goodwill	5,053	4,754	2,734	2,716	2,672	2,863	3,237	3,078	3,079	3,122
Other intangible assets	843	839	547	568	607	796	946	963	1,054	1,144
Long-term investments	4,534	4,100	6,077	5,504	4,842	4,970	5,033	5,128	2,024	2,079
Current liabilities	25,319	23,116	19,589	19,720	17,191	22,452	24,656	20,568	18,813	20,498
Accounts payable	9,746	9,387	7,252	7,126	5,940	8,619	10,504	9,438	8,362	8,536
Long-term debt	11,403	10,398	8,294	8,869	8,707	8,352	6,822	6,221	5,146	4,890
Total debt	15,452	14,337	10,580	11,083	11,078	11,921	11,498	9,429	8,040	8,689
Total liabilities	40,013	36,910	30,868	31,204	28,636	33,058	34,189	29,711	26,175	28,432
Total equity (incl. minority)	5,176	5,115	5,631	6,376	7,028	4,276	5,506	5,991	5,164	4,968
Retained earnings	8,673	8,331	7,790	7,835	6,683	3,860	3,682	3,153	2,624	1,840
Minority interest	361	401	301	828	694	747	1,085	1,636	1,421	1,393