Hera revenue and financials
€3.49Change from previous close: −0.29%Absolute change: −€0.01
In the fiscal year ended December 2025, Hera reported revenue of €12.96B (−0.73% year over year). Net income was €464.3M, a net margin of 3.6%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −0.73%
- 2025 vs 2024
- Net income growth
- −6.11%
- 2025 vs 2024
- Net margin
- 3.6%
- 2024: 3.8%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 1,225 | 853 | 1,573 | 35.7 | — |
| Depreciation and amortization | 590 | 562 | 519 | 477 | — |
| Capital expenditure | -1,028 | -860 | -816 | -710 | — |
| Investing cash flow | -1,084 | -805 | -859 | -758 | — |
| Financing cash flow | -611 | -65.6 | -1,323 | 1,780 | — |
| Dividends paid | -274 | -249 | -239 | -220 | — |
| Debt issued | 703 | 471 | 615 | 2,127 | — |
| Debt repaid | — | — | — | — | -773 |
| Net change in cash | -470 | -17.2 | -610 | 1,057 | — |
| Free cash flow | 197 | -7.3 | 757 | -674 | — |