Iberdrola stock: fundamental analysis

Stocks · IBE · Utilities

Iberdrola, S.A. engages in the generation, production, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia. Below are its fundamentals, explained in the order worth reading them: business quality, debt, growth and, last, whether the price is reasonable.

Data as of September 18, 2026 · Yahoo Finance

Quick read

Business quality

ROE of 10.0%: a decent return, not an exceptional one. Out of every 100 in sales, 15.9 end up as profit.

Financial health

Net debt/EBITDA of 3.8x: moderate leverage, manageable for stable businesses such as utilities or infrastructure.

Growth

Revenue is growing 9.8% year on year: a solid pace. Earnings are up 68.3%.

Valuation

It trades at a P/E of 25.4, above the 16.2 median of the utilities companies we track. On expected earnings the P/E falls to 18.6: the market expects profits to rise. Paying more can be justified by faster growth or a higher-quality business.

Dividend

Dividend yield of 3.3% (0.68 EUR per share per year) with a payout ratio of 84.9%.

Tools

All metrics

IberdrolaSector median
Business quality
ROE10.0%12.7%
ROA3.8%3.8%
Gross margin53.9%56.8%
Operating margin24.5%24.5%
Net margin15.9%15.9%
Financial health
Net debt/EBITDA3.8x4.6x
Debt/equity1.0x1.2x
Current ratio0.8x0.9x
Growth
Revenue growth9.8%9.8%
Earnings growth68.3%67.8%
Valuation
P/E ratio25.4x16.2x
Forward P/E18.6x15.7x
EV/EBITDA13.8x12.2x
Price/book2.6x2.6x
FCF yield1.9%3.9%
Dividend
Dividend yield3.3%4.5%
Payout ratio84.9%83.3%
Beta (volatility)0.6x0.5x

Frequently asked questions

What is Iberdrola's P/E ratio?

Iberdrola's P/E is 25.4 based on trailing 12-month earnings and 18.6 on expected earnings. The median for its sector among the companies we track is 16.2. Data as of September 18, 2026.

What dividend does Iberdrola pay?

Dividend yield of 3.3% (0.68 EUR per share per year) with a payout ratio of 84.9%.

Is Iberdrola stock expensive?

It trades at a P/E of 25.4, above the 16.2 median of the utilities companies we track. On expected earnings the P/E falls to 18.6: 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 Iberdrola have a lot of debt?

Net debt/EBITDA of 3.8x: moderate leverage, manageable for stable businesses such as utilities or infrastructure.

What is Iberdrola's market cap?

Iberdrola has a market cap of 135.4B EUR and its shares trade at 20.29 EUR, with a 52-week range of 15.46 EUR to 22.08 EUR (data as of September 18, 2026).

Other companies in the sector

Trailing 12-month metrics. Educational content, not investment advice.