FER
Ferrovial N.V.
There isn't enough reported data to score FER yet.
FER Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Stable | |
| Healthy | |
| Weak |
FER's cash flow is currently healthy, and its profitability is stable, but its balance sheet is weak. There isn't enough data to rate its revenue.
FER PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 10x | $14.13 | -77% |
| Fair | 31x | $43.44 | -29% |
| Current | 44x | $61.16 | — |
| Expensive | 74x | $102 | +67% |
Historical ranges are pointers, not guarantees.
FER's PE is 44x, but its earnings don't support one, so it isn't a reliable read right now.
FER Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect FER to return to profit, with revenue growing.
FER Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2025 | $1.38 | -72% |
| Q3 2021 | -$0.10 | +$0.02 |
| Q1 2019 | -$0.38 | -223% |
| Q4 2018 | -$0.48 | -173% |
| Q3 2018 | $0.31 | -46% |
FER has returned to profit: it earned $1.38 per share over the past year, after losing money the year before.
FER Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $10.7B | +5.2% |
| Q4 2024 | $10.2B | +100% |
| Q4 2023 | $5.1B | +14% |
| Q3 2023 | $2.5B | +14% |
| Q2 2023 | $4.4B | +11% |
| Q1 2023 | $2.2B | +11% |
| Q4 2022 | $4.5B | +104% |
| Q3 2022 | $2.2B | +9% |
FER's revenue has grown year over year for 13 quarters in a row: $10.7B last quarter, up 144% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | 11% | +6.1 points |
| Q4 2024 | 34% | +29 points |
| Q4 2023 | 8.5% | +2.1 points |
| Q3 2023 | 9.3% | +3 points |
| Q2 2023 | 5% | +0.3 points |
| Q1 2023 | 5.1% | +0.3 points |
| Q4 2022 | 6.4% | +2.2 points |
| Q3 2022 | 6.3% | +15 points |
FER's operating margin was 11% last quarter, up 6.1 points from the same quarter a year ago.
FER Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2023 | $421M | +189% |
| Q3 2023 | $424.4M | +192% |
| Q2 2023 | $52.2M | +$188.3M |
| Q1 2023 | $52.2M | +$188.3M |
| Q4 2022 | $145.5M | +$145.5M |
| Q3 2022 | $145.5M | +$145.5M |
| Q2 2022 | -$136.1M | -$136.1M |
| Q1 2022 | -$136.1M | -$136.1M |
FER generated $950M in free cash flow over the past year, more than ten times what it generated the year before.
FER Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -5.5M shares |
| 1 year | -5.4% | -41.3M shares |
| 3 years | -1.8% | -12.8M shares |
| 5 years | -1.2% | -8.4M shares |
FER has 719M diluted shares, down 5.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | $12.2M |
| Q4 2024 | $29.7M |
| Q4 2023 | $34.4M |
| Q3 2023 | $34.4M |
| Q2 2023 | $28.9M |
| Q1 2023 | $28.9M |
| Q4 2022 | $110M |
| Q3 2022 | $110M |
FER Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2025 | 4.0x | Elevated |
| Q4 2024 | 1.8x | Healthy |
| Q4 2023 | 5.0x | High |
| Q3 2023 | 5.6x | High |
| Q2 2023 | 6.7x | High |
| Q1 2023 | 0.0x | Very low |
| Q4 2022 | 6.1x | High |
| Q3 2022 | 3.5x | Elevated |
FER's net debt is about 4.0 years of its operating earnings (EBITDA), down from 6.7 years a year ago.
FER Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.0 | Neutral |
| Stochastic | 55.2 | Neutral |
FER's weekly RSI is 53 (neutral) and its Stochastic is 55 (neutral).
FER PE vs Industrials Sector
| Metric | FER | Sector median | Relative |
|---|---|---|---|
| PE | 44x | 24x | 85% above |
| PE % | 65 | 58 | 7 pts above |
FER is trading at 44x earnings, a 85% premium to the Industrials sector's median of 24x, though its earnings don't support one.
FER Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $54.2 | 13% above |
| 20 week MA | $59.0 | 3.7% above |
| 50 week MA | $64.3 | 4.9% below |
| 100 week MA | $57.8 | 5.8% above |
| 200 week MA | $46.6 | 31% above |
FER's trend is mixed: it's above four of its five weekly moving averages, and 31% above its 200-week average.
FER Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $29.8 | $27.4 | -8.1% |
| 2021 | $27.4 | $27.5 | +0.4% |
| 2022 | $27.5 | $25.2 | -8.4% |
| 2023 | $25.2 | $35.4 | +41% |
| 2024 | $35.4 | $42.4 | +20% |
| 2025 | $42.4 | $65.2 | +54% |
| 2026 YTD | $65.2 | $61.2 | -6.2% |
FER has finished higher in four of the last six years. It's down 6.2% so far in 2026.