Ferrovial stock: fundamental analysis
Stocks · FER · Industrials
Ferrovial N.V., together with its subsidiaries, engages in the development, construction, and operation of highways and airports in the United States, Poland, Spain, the United Kingdom, Canada, and internationally. It operates through four segments: Construction, Highways, Airports, and Energy. Below are its fundamentals, explained in the order worth reading them: business quality, debt, growth and, last, whether the price is reasonable.
- Price: 47.73 EUR
- Market cap: 34.4B EUR
Data as of September 18, 2026 · Yahoo Finance
Quick read
Business quality
ROE of 11.6%: a decent return, not an exceptional one. Out of every 100 in sales, 6.2 end up as profit.
Financial health
Net debt/EBITDA of 4.4x: high leverage; keep an eye on maturities and the cost of debt.
Growth
Revenue is growing 5.2% year on year: modest growth. Earnings are down 52.0%.
Valuation
It trades at a P/E of 57.5, above the 24.2 median of the industrials companies we track. On expected earnings the P/E falls to 41.7: the market expects profits to rise. Paying more can be justified by faster growth or a higher-quality business.
Dividend
Dividend yield of 3.0% (1.43 EUR per share per year) with a payout ratio of 133.9%. It pays out nearly all (or more) of its earnings: watch whether the dividend is sustainable.
Tools
All metrics
| Ferrovial | Sector median | |
|---|---|---|
| Business quality | ||
| ROE | 11.6% | 24.1% |
| ROA | 2.6% | 2.6% |
| Gross margin | 87.1% | 66.9% |
| Operating margin | 10.4% | 10.4% |
| Net margin | 6.2% | 2.8% |
| Financial health | ||
| Net debt/EBITDA | 4.4x | 3.0x |
| Debt/equity | 1.4x | 1.6x |
| Current ratio | 1.2x | 1.1x |
| Growth | ||
| Revenue growth | 5.2% | 5.2% |
| Earnings growth | -52.0% | 14.7% |
| Valuation | ||
| P/E ratio | 57.5x | 24.2x |
| Forward P/E | 41.7x | 18.1x |
| EV/EBITDA | 27.7x | 11.1x |
| Price/book | 6.0x | 4.1x |
| FCF yield | 2.6% | 5.1% |
| Dividend | ||
| Dividend yield | 3.0% | 3.0% |
| Payout ratio | 133.9% | 87.6% |
| Beta (volatility) | 0.8x | 0.8x |
Frequently asked questions
What is Ferrovial's P/E ratio?
Ferrovial's P/E is 57.5 based on trailing 12-month earnings and 41.7 on expected earnings. The median for its sector among the companies we track is 24.2. Data as of September 18, 2026.
What dividend does Ferrovial pay?
Dividend yield of 3.0% (1.43 EUR per share per year) with a payout ratio of 133.9%. It pays out nearly all (or more) of its earnings: watch whether the dividend is sustainable.
Is Ferrovial stock expensive?
It trades at a P/E of 57.5, above the 24.2 median of the industrials companies we track. On expected earnings the P/E falls to 41.7: the market expects profits to rise. Paying more can be justified by faster growth or a higher-quality business. This is an educational reading based on ratios, not a buy or sell recommendation.
Does Ferrovial have a lot of debt?
Net debt/EBITDA of 4.4x: high leverage; keep an eye on maturities and the cost of debt.
What is Ferrovial's market cap?
Ferrovial has a market cap of 34.4B EUR and its shares trade at 47.73 EUR, with a 52-week range of 46.67 EUR to 63.54 EUR (data as of September 18, 2026).
Other companies in the sector
Trailing 12-month metrics. Educational content, not investment advice.