Koninklijke Heijmans Past Earnings Performance
Past criteria checks 6/6
Koninklijke Heijmans has been growing earnings at an average annual rate of 23%, while the Construction industry saw earnings growing at 19.6% annually. Revenues have been growing at an average rate of 11.3% per year. Koninklijke Heijmans's return on equity is 23.7%, and it has net margins of 4.7%.
Key information
22.98%
Earnings growth rate
17.32%
EPS growth rate
| Construction Industry Growth | 8.15% |
| Revenue growth rate | 11.26% |
| Return on equity | 23.75% |
| Net Margin | 4.70% |
| Next Earnings Update | 24 Jul 2026 |
Recent past performance updates
Recent updates
Narrative Update • Jun 04
HEIJM: 2030 Revenue Ambition And 2026 Dividend Will Guide Return Profile
Analysts have lifted their price target for Koninklijke Heijmans from €95.00 to €106.00, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E, which point to a higher fair value estimate. What's in the News Koninklijke Heijmans N.V. has surpassed its previously set financial targets earlier than planned, supported by strong execution, high market demand and a scalable operating model.
New Narrative • May 27
Energy Transition And Housing Bottlenecks Will Constrain Future Margins And Earnings Potential
Catalysts About Koninklijke Heijmans Koninklijke Heijmans is a Dutch construction and real estate company that develops and builds residential projects, non residential buildings and infrastructure, including energy and grid related assets. What are the underlying business or industry changes driving this perspective?Narrative Update • May 11
HEIJM: Steady Outlook And 2026 Dividend Will Shape Return Profile
Analysts have maintained their price target for Koninklijke Heijmans at €95.00, noting only minor adjustments to assumptions on discount rate, revenue growth, profit margin, and future P/E that do not materially change their view of the stock’s valuation. What's in the News Koninklijke Heijmans announced an annual dividend of €2.37 per share, scheduled to be paid on May 12, 2026 (Key Developments).Narrative Update • Apr 25
HEIJM: Stable Fair Value And 2026 Dividend Payout Will Guide Returns
Analysts have maintained their price target for Koninklijke Heijmans at €95.00, citing largely unchanged assumptions on discount rate, revenue growth, profit margin and future P/E as the basis for this stable view. What's in the News Annual dividend of €2.37 per share announced, with payment scheduled for May 12, 2026.Narrative Update • Apr 11
HEIJM: Steady Fair Value And 2026 Dividend Will Shape Future Returns
Analysts have kept their average price target for Koninklijke Heijmans steady at €95.00, indicating only minor adjustments in inputs such as discount rate, revenue growth and future P/E assumptions rather than a shift in their overall view of the shares. What's in the News Koninklijke Heijmans announced an annual dividend of €2.37 per share, with an ex dividend date of May 4, 2026, a record date of May 5, 2026, and payment on May 12, 2026 (Key Developments).Narrative Update • Mar 27
HEIJM: Maintained Fair Value And Upcoming Dividend Will Support Upside
Analysts have maintained their price target for Koninklijke Heijmans at €95.00, citing largely unchanged views on fair value, growth, margins and future P/E, with only minor technical adjustments to model inputs such as the discount rate. What's in the News Announced an annual dividend of €2.37 per share, with an ex dividend date of May 4, 2026, a record date of May 5, 2026, and a payment date of May 12, 2026 (Key Developments) Valuation Changes Fair Value: €95.00 is unchanged, with no revision to the headline valuation level.Narrative Update • Mar 13
HEIJM: Stable Cash Assumptions And Lower Discount Rate Will Support Upside
Analysts now keep their price target for Koninklijke Heijmans broadly steady at around €95.00, reflecting only a small tweak to their assumptions, such as a slightly lower discount rate and marginally adjusted future P/E expectations. Valuation Changes Fair Value: Held steady at €95.0 per share, with no change between the previous and updated assessment.Narrative Update • Feb 27
HEIJM: Adjusted Margins And Higher Future P E Multiple Will Shape Returns
Analysts have updated their price target on Koninklijke Heijmans from €63.38 to €95.00, citing revised assumptions for the discount rate, revenue growth, profit margin, and a higher future P/E multiple in their valuation work. Valuation Changes Fair Value: updated from €63.38 to €95.00, representing a substantial uplift in the implied equity value per share.
New Narrative • Feb 14
Long Duration Public Programs And Technical Services Will Underpin A Stronger Long Term Outlook
Catalysts About Koninklijke Heijmans Koninklijke Heijmans is a Dutch construction and engineering group active in residential building, nonresidential projects, infrastructure and related technical and energy services. What are the underlying business or industry changes driving this perspective?Analysis Article • Feb 14
Should You Think About Buying Koninklijke Heijmans N.V. (AMS:HEIJM) Now?
While Koninklijke Heijmans N.V. ( AMS:HEIJM ) might not have the largest market cap around , it received a lot of...Narrative Update • Feb 13
HEIJM: Fine Tuned Margins And P E Assumptions Will Guide Future Returns
Analysts have kept their price target for Koninklijke Heijmans steady at €63.38, with slightly updated assumptions around the discount rate, profit margin and future P/E helping to fine tune rather than shift their view on the shares. Valuation Changes Fair Value: Modelled fair value is unchanged at €63.38.Narrative Update • Jan 29
HEIJM: Higher Discount Rate And Revised Margins Will Shape Future Returns
Analysts have trimmed their price target for Koninklijke Heijmans from €70.38 to €63.38, reflecting updated assumptions around a higher discount rate, different revenue growth expectations, slightly lower profit margins and a reduced future P/E multiple. Valuation Changes Fair Value: revised from €70.38 to €63.38, a moderate reduction in the estimated share value.Analysis Article • Jan 20
Is Koninklijke Heijmans N.V. (AMS:HEIJM) Trading At A 48% Discount?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Koninklijke Heijmans fair value estimate is €130 Koninklijke...Analysis Article • Jan 03
With EPS Growth And More, Koninklijke Heijmans (AMS:HEIJM) Makes An Interesting Case
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • Nov 26
Returns On Capital Are A Standout For Koninklijke Heijmans (AMS:HEIJM)
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • Oct 29
Should You Think About Buying Koninklijke Heijmans N.V. (AMS:HEIJM) Now?
Koninklijke Heijmans N.V. ( AMS:HEIJM ), is not the largest company out there, but it received a lot of attention from...Analysis Article • Sep 26
Koninklijke Heijmans (AMS:HEIJM) Seems To Use Debt Rather Sparingly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Sep 05
If EPS Growth Is Important To You, Koninklijke Heijmans (AMS:HEIJM) Presents An Opportunity
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Aug 23
Investors Interested In Koninklijke Heijmans N.V.'s (AMS:HEIJM) Earnings
It's not a stretch to say that Koninklijke Heijmans N.V.'s ( AMS:HEIJM ) price-to-earnings (or "P/E") ratio of 15.9x...Analysis Article • Aug 01
Solid Earnings Reflect Koninklijke Heijmans' (AMS:HEIJM) Strength As A Business
Even though Koninklijke Heijmans N.V. ( AMS:HEIJM ) posted strong earnings, investors appeared to be underwhelmed. Our...Analysis Article • Jul 28
Why We Like The Returns At Koninklijke Heijmans (AMS:HEIJM)
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • Jul 07
At €51.95, Is Koninklijke Heijmans N.V. (AMS:HEIJM) Worth Looking At Closely?
Koninklijke Heijmans N.V. ( AMS:HEIJM ), is not the largest company out there, but it led the ENXTAM gainers with a...Analysis Article • Jun 02
Is Now The Time To Put Koninklijke Heijmans (AMS:HEIJM) On Your Watchlist?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • May 18
A Piece Of The Puzzle Missing From Koninklijke Heijmans N.V.'s (AMS:HEIJM) 28% Share Price Climb
Koninklijke Heijmans N.V. ( AMS:HEIJM ) shares have continued their recent momentum with a 28% gain in the last month...Analysis Article • Apr 09
Koninklijke Heijmans N.V.'s (AMS:HEIJM) CEO Will Probably Have Their Compensation Approved By Shareholders
Key Insights Koninklijke Heijmans' Annual General Meeting to take place on 16th of April Salary of €635.0k is part of...Analysis Article • Apr 02
When Should You Buy Koninklijke Heijmans N.V. (AMS:HEIJM)?
Koninklijke Heijmans N.V. ( AMS:HEIJM ), might not be a large cap stock, but it led the ENXTAM gainers with a...Analysis Article • Feb 27
Koninklijke Heijmans N.V. (AMS:HEIJM) Shares Fly 34% But Investors Aren't Buying For Growth
The Koninklijke Heijmans N.V. ( AMS:HEIJM ) share price has done very well over the last month, posting an excellent...
New Narrative • Feb 23
Shift Towards Energy Transition Projects Aims To Stabilize Earnings Amid Regulatory Challenges
Focus on margin improvement and risk management aims for stable earnings and improved net margins while facing regulatory uncertainties.Analysis Article • Dec 05
A Piece Of The Puzzle Missing From Koninklijke Heijmans N.V.'s (AMS:HEIJM) 28% Share Price Climb
The Koninklijke Heijmans N.V. ( AMS:HEIJM ) share price has done very well over the last month, posting an excellent...Analysis Article • Dec 04
Is There Now An Opportunity In Koninklijke Heijmans N.V. (AMS:HEIJM)?
While Koninklijke Heijmans N.V. ( AMS:HEIJM ) might not have the largest market cap around , it led the ENXTAM gainers...Analysis Article • Aug 03
Koninklijke Heijmans N.V. (AMS:HEIJM) Shares Fly 27% But Investors Aren't Buying For Growth
Despite an already strong run, Koninklijke Heijmans N.V. ( AMS:HEIJM ) shares have been powering on, with a gain of 27...Analysis Article • Mar 18
We Think You Should Be Aware Of Some Concerning Factors In Koninklijke Heijmans' (AMS:HEIJM) Earnings
Koninklijke Heijmans N.V.'s ( AMS:HEIJM ) healthy profit numbers didn't contain any surprises for investors. We believe...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Koninklijke Heijmans makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 25 | 2,772 | 130 | 278 | 0 |
| 30 Sep 25 | 2,725 | 121 | 254 | 0 |
| 30 Jun 25 | 2,677 | 112 | 231 | 0 |
| 31 Mar 25 | 2,631 | 101 | 231 | 0 |
| 31 Dec 24 | 2,584 | 90 | 231 | 0 |
| 30 Sep 24 | 2,491 | 84 | 225 | 0 |
| 30 Jun 24 | 2,397 | 79 | 219 | 0 |
| 31 Mar 24 | 2,257 | 69 | 219 | 0 |
| 31 Dec 23 | 2,117 | 60 | 219 | 0 |
| 30 Sep 23 | 2,001 | 54 | 199 | 0 |
| 30 Jun 23 | 1,885 | 48 | 179 | 0 |
| 31 Mar 23 | 1,849 | 54 | 179 | 0 |
| 31 Dec 22 | 1,812 | 60 | 179 | 0 |
| 30 Sep 22 | 1,772 | 65 | 169 | 0 |
| 30 Jun 22 | 1,731 | 70 | 159 | 0 |
| 31 Mar 22 | 1,740 | 60 | 159 | 0 |
| 31 Dec 21 | 1,748 | 50 | 159 | 0 |
| 30 Sep 21 | 1,768 | 43 | 152 | 0 |
| 30 Jun 21 | 1,788 | 35 | 146 | 0 |
| 31 Mar 21 | 1,767 | 38 | 146 | 0 |
| 31 Dec 20 | 1,746 | 40 | 146 | 0 |
| 30 Sep 20 | 1,728 | 35 | 147 | 0 |
| 30 Jun 20 | 1,709 | 30 | 148 | 0 |
| 31 Mar 20 | 1,655 | 30 | 148 | 0 |
| 31 Dec 19 | 1,600 | 30 | 148 | 0 |
| 30 Sep 19 | 1,565 | 29 | 135 | 0 |
| 30 Jun 19 | 1,529 | 27 | 121 | 0 |
| 31 Mar 19 | 1,554 | 24 | 121 | 0 |
| 31 Dec 18 | 1,579 | 20 | 121 | 0 |
| 30 Sep 18 | 1,558 | 14 | 122 | 0 |
| 30 Jun 18 | 1,536 | 8 | 123 | 0 |
| 31 Mar 18 | 1,469 | -1 | 123 | 0 |
| 31 Dec 17 | 1,402 | -9 | 123 | 0 |
| 30 Jun 17 | 1,311 | -110 | 138 | 0 |
| 31 Mar 17 | 1,340 | -114 | 138 | 0 |
| 31 Dec 16 | 1,370 | -118 | 138 | 0 |
| 30 Jun 16 | 1,233 | -41 | 155 | 0 |
| 31 Mar 16 | 1,342 | -40 | 155 | 0 |
| 31 Dec 15 | 1,450 | -39 | 155 | 0 |
| 30 Sep 15 | 1,973 | -41 | 200 | 0 |
| 30 Jun 15 | 1,967 | -54 | 212 | 0 |
Quality Earnings: HEIJM has high quality earnings.
Growing Profit Margin: HEIJM's current net profit margins (4.7%) are higher than last year (3.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HEIJM's earnings have grown significantly by 23% per year over the past 5 years.
Accelerating Growth: HEIJM's earnings growth over the past year (44.7%) exceeds its 5-year average (23% per year).
Earnings vs Industry: HEIJM earnings growth over the past year (44.7%) exceeded the Construction industry 16.7%.
Return on Equity
High ROE: HEIJM's Return on Equity (23.7%) is considered high.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/12 07:53 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Koninklijke Heijmans N.V. is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tijs Hollestelle | ING Groep NV |
| Wouter VANDERHAEGHEN | KBC Securities NV |
| Martijn den Drijver | ODDO BHF Corporate & Markets |