Ferrovial

FER · BME · EUR

€47.47+2.06%+€0.96

Close · October 2, 2026

At a glance

Revenue growth: +5.24%; 2025 vs 2024
Net income growth: −72.58%; 2025 vs 2024
Net margin: 9.2%; 2024: 35.4%

Financial data

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

Balance sheet · Quarterly
Item	Q2 2026	Q4 2025	Q2 2025	Q4 2024	Q2 2024	Q4 2023	Q2 2023	Q4 2022	Q2 2022	Q4 2021
Total assets	27,219	27,420	26,563	28,999	26,626	26,318	25,706	26,344	25,557	24,882
Current assets	6,810	7,310	5,640	7,672	6,338	6,990	7,312	7,419	8,238	9,030
Cash and equivalents	3,864	4,242	2,835	4,810	3,639	4,758	4,656	5,092	5,031	5,489
Short-term investments	—	—	—	—	—	—	—	—	—	11.0
Receivables	2,314	2,174	2,188	2,193	2,101	1,645	1,825	1,566	1,577	1,373
Inventory	595	540	494	492	479	458	475	476	446	404
Net property, plant and equipment	1,448	1,308	1,082	1,010	825	790	687	662	538	530
Goodwill	419	412	443	500	486	475	477	480	453	431
Other intangible assets	12,754	12,487	12,515	14,117	13,815	13,455	13,245	13,642	12,404	11,142
Long-term investments	3,923	3,955	4,245	3,023	2,803	2,038	2,213	1,961	2,057	1,838
Current liabilities	5,686	6,464	5,978	6,301	6,786	5,775	5,782	5,379	6,533	6,543
Accounts payable	1,824	1,803	1,705	1,781	1,771	1,698	1,819	1,663	1,641	1,544
Long-term debt	10,036	9,356	8,891	10,149	9,889	10,497	11,354	10,849	10,154	9,584
Total debt	10,657	10,732	10,341	—	—	—	—	—	—	—
Total liabilities	19,823	19,755	18,909	20,879	20,852	20,439	19,971	19,991	19,549	19,053
Total equity (incl. minority)	7,396	7,665	7,654	8,120	5,774	5,879	5,735	6,353	6,008	5,829
Retained earnings	2,614	2,785	2,751	2,536	280	370	197	4,264	4,757	4,591
Minority interest	1,673	1,757	1,755	2,045	2,013	2,113	2,046	2,240	1,962	1,790