Fluidra, S.A.

BME:FDR Stock Report

Market Cap: €3.8b

Fluidra Past Earnings Performance

Past criteria checks 4/6

Fluidra's earnings have been declining at an average annual rate of -9.4%, while the Machinery industry saw earnings growing at 14.3% annually. Revenues have been growing at an average rate of 0.7% per year. Fluidra's return on equity is 10.6%, and it has net margins of 7.7%.

Key information

-9.43%

Earnings growth rate

-9.20%

EPS growth rate

Machinery Industry Growth-0.31%
Revenue growth rate0.75%
Return on equity10.59%
Net Margin7.73%
Next Earnings Update30 Jul 2026

Recent past performance updates

Recent updates

Narrative Update Jun 26

FDR: Channel Destocking Resolution And Dividend Plan Will Support Future Repricing

Analysts have trimmed their fair value estimate for Fluidra from about €27.06 to roughly €25.80. This reflects recent price target cuts tied to concerns over high U.S. channel inventories and the potential for destocking to create a better future entry point for the stock.
New Narrative May 24

Aftermarket Strength And Manufacturing Efficiencies Will Support Sustained Earnings Power

Catalysts About Fluidra Fluidra is a global supplier of residential and commercial pool equipment, solutions and related services. What are the underlying business or industry changes driving this perspective?
Analysis Article Apr 27

Is Now The Time To Put Fluidra (BME:FDR) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Narrative Update Apr 25

FDR: Dividend Plan And Margin Execution Will Support Future Repricing Potential

Analysts have nudged Fluidra's fair value estimate slightly higher to about €27.06, supported by recent research that combines fresh upgrades with trimmed price targets to reflect updated assumptions on growth, margins and P/E expectations. Analyst Commentary Recent Street research points to a mixed but constructive tone around Fluidra, with some analysts revisiting their assumptions on growth, margins and P/E while others remain more cautious on execution and valuation risk.
Narrative Update Apr 09

FDR: Dividend Plan And Upgraded Rating Will Support Future Repricing Potential

Fluidra's analyst price target has been trimmed modestly by about €0.20, as analysts factor in slightly adjusted assumptions for fair value, discount rate, revenue growth, profit margins and future P/E following recent target cuts from several banks, alongside a fresh upgrade from another firm. Analyst Commentary Recent research calls show a mix of caution and support around Fluidra, with several firms trimming price targets and one upgrade offering a more constructive stance.
Narrative Update Mar 25

FDR: Upgraded Outlook And 2025 Dividend Plan Will Support Bullish Repricing

Analysts have slightly trimmed the Fluidra price target to about €27.22 from €27.27, reflecting updated assumptions for discount rates, revenue growth, profit margins and future P/E, and incorporating recent mixed Street research, including Citi's lower target of €23.20 and a recent upgrade from BNP Paribas. Analyst Commentary Recent research around Fluidra reflects a mix of optimism and caution, with the slight trim in the consensus target and a fresh upgrade sitting alongside a lower individual target.
Narrative Update Mar 11

FDR: Upgraded Outlook And 2025 Dividend Framework Will Support Bullish Repricing

Analysts have modestly raised their fair value estimate for Fluidra to €27.27 from €26.91, citing slightly higher revenue growth assumptions and updated Street views, including a reduced €23.20 price target at Citi and a recent upgrade at BNP Paribas. Analyst Commentary Recent research gives a mixed read on Fluidra, with some analysts focusing on long term upside potential and others highlighting valuation and execution risks at current levels.
Narrative Update Feb 25

FDR: Refined Earnings Assumptions And BNP Upgrade Will Support Bullish 2025 Outlook

Analysts have adjusted their price target on Fluidra to €26.91, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E following recent research, including the upgrade highlighted by BNP Paribas. Analyst Commentary Bullish analysts point to the new €26.91 price target as a more finely tuned view of Fluidra, built on refreshed assumptions for discount rate, revenue growth, profit margin and future P/E.
Narrative Update Feb 10

FDR: Refined Assumptions And BNP Upgrade Will Shape Balanced 2025 Outlook

Analysts have lifted their price target on Fluidra to about €26.91. This reflects updated assumptions for a slightly lower discount rate, a small adjustment in expected revenue growth and profit margin, and a modestly lower future P/E multiple following recent research such as the upgrade from BNP Paribas.
Narrative Update Jan 26

FDR: Fine Tuned Outlook And Recent Upgrade Will Support Balanced 2025 View

Analysts have trimmed their 12 month price target on Fluidra slightly to about €26.91 from roughly €27.03, citing modestly higher assumed revenue growth and profit margins, as well as a slightly lower future P/E multiple and discount rate. Analyst Commentary Bullish Takeaways Bullish analysts view the slight trim in the 12 month target to about €26.91 as a fine tuning rather than a reset, with the stock still anchored to assumptions of solid revenue growth and healthier margins.
Analysis Article Jan 22

Returns On Capital Are Showing Encouraging Signs At Fluidra (BME:FDR)

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Narrative Update Jan 11

FDR: Steady 2025 Guidance And Stable Assumptions Will Shape Balanced Outlook

Analysts have made a small, model driven adjustment to their valuation framework for Fluidra, keeping the fair value estimate effectively unchanged at around €27.03 per share, as minor tweaks to discount rate, revenue growth and profit margin assumptions offset each other. What's in the News Fluidra reaffirmed its full year 2025 guidance, indicating it remains on track with its outlook for the period.
Analysis Article Jan 04

Is It Too Late To Consider Buying Fluidra, S.A. (BME:FDR)?

Fluidra, S.A. ( BME:FDR ), is not the largest company out there, but it received a lot of attention from a substantial...
Narrative Update Dec 15

FDR: Full Year 2025 Guidance Will Drive Renewed Bullish Momentum

Analysts have nudged their price target on Fluidra slightly higher to approximately $27.03 per share from about $26.76, reflecting modestly lower perceived risk and a marginally richer expected valuation multiple. What's in the News Fluidra reaffirmed its full year 2025 guidance, maintaining expected sales between €2,160 million and €2,220 million.
Narrative Update Nov 30

FDR: Full Year 2025 Guidance Will Drive Renewed Bullish Momentum

Analysts have slightly raised their price target for Fluidra from €26.75 to €26.76. This change reflects marginal adjustments in outlook based on updated forecasts for discount rate, revenue growth, and profit margin.
Narrative Update Nov 16

FDR: Improved Profit Margins Will Drive Bullish Momentum Ahead

Narrative Update: Analyst Price Target Revision for Fluidra Analysts have raised their price target for Fluidra from $25.99 to $26.75. This revision reflects incremental improvements in profit margin estimates, even though there have been slight reductions in revenue growth expectations.
Analysis Article Oct 30

Fluidra's (BME:FDR) Dividend Will Be €0.243

The board of Fluidra, S.A. ( BME:FDR ) has announced that it will pay a dividend of €0.243 per share on the 3rd of...
Analysis Article Oct 15

Fluidra's (BME:FDR) Dividend Will Be €0.243

Fluidra, S.A. ( BME:FDR ) has announced that it will pay a dividend of €0.243 per share on the 3rd of December. This...
Analysis Article Oct 13

Fluidra, S.A. (BME:FDR) Not Lagging Market On Growth Or Pricing

With a price-to-earnings (or "P/E") ratio of 27.1x Fluidra, S.A. ( BME:FDR ) may be sending very bearish signals at the...
Analysis Article Aug 30

Estimating The Intrinsic Value Of Fluidra, S.A. (BME:FDR)

Key Insights Fluidra's estimated fair value is €23.01 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysis Article Aug 14

Fluidra (BME:FDR) Will Pay A Dividend Of €0.243

The board of Fluidra, S.A. ( BME:FDR ) has announced that it will pay a dividend on the 3rd of December, with investors...
Analysis Article Aug 05

The Fluidra, S.A. (BME:FDR) Half-Yearly Results Are Out And Analysts Have Published New Forecasts

BME:FDR 1 Year Share Price vs Fair Value Explore Fluidra's Fair Values from the Community and select yours Last week...
Analysis Article Jul 31

Fluidra (BME:FDR) Will Pay A Dividend Of €0.243

Fluidra, S.A. ( BME:FDR ) has announced that it will pay a dividend of €0.243 per share on the 3rd of December. Based...
Analysis Article Jul 24

Here's Why Fluidra (BME:FDR) Can Manage Its Debt Responsibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jul 04

Fluidra's (BME:FDR) Dividend Will Be €0.243

Fluidra, S.A. ( BME:FDR ) has announced that it will pay a dividend of €0.243 per share on the 3rd of December. This...
Analysis Article May 26

Returns Are Gaining Momentum At Fluidra (BME:FDR)

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Mar 30

Investors Still Waiting For A Pull Back In Fluidra, S.A. (BME:FDR)

Fluidra, S.A.'s ( BME:FDR ) price-to-earnings (or "P/E") ratio of 31.1x might make it look like a strong sell right now...
Analysis Article Mar 16

A Look At The Fair Value Of Fluidra, S.A. (BME:FDR)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Fluidra fair value estimate is €24.05 With €21.90 share price...
Analysis Article Feb 20

Here's Why Fluidra (BME:FDR) Can Manage Its Debt Responsibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jan 28

Fluidra (BME:FDR) Shareholders Will Want The ROCE Trajectory To Continue

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Analysis Article Jan 13

Is It Too Late To Consider Buying Fluidra, S.A. (BME:FDR)?

Fluidra, S.A. ( BME:FDR ), might not be a large cap stock, but it received a lot of attention from a substantial price...
User avatar
New Narrative Dec 12

Product Innovation And Operational Excellence Drive Growth Amidst Rising Aftermarket Demand

Resilient aftermarket demand and effective cost management strategies could boost Fluidra's revenue stability and margins.
Analysis Article Dec 12

Fluidra, S.A.'s (BME:FDR) Intrinsic Value Is Potentially 26% Above Its Share Price

Key Insights Fluidra's estimated fair value is €32.50 based on 2 Stage Free Cash Flow to Equity Fluidra's €25.80 share...
Analysis Article Nov 27

Fluidra (BME:FDR) Is Paying Out Less In Dividends Than Last Year

Fluidra, S.A. ( BME:FDR ) is reducing its dividend from last year's comparable payment to €0.2025 on the 3rd of...
Analysis Article Nov 04

Fluidra, S.A. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Investors in Fluidra, S.A. ( BME:FDR ) had a good week, as its shares rose 8.8% to close at €25.60 following the...
Analysis Article Nov 03

Fluidra (BME:FDR) Will Pay A Smaller Dividend Than Last Year

Fluidra, S.A. ( BME:FDR ) has announced that on 3rd of December, it will be paying a dividend of€0.2025, which a...
Analysis Article Oct 30

These 4 Measures Indicate That Fluidra (BME:FDR) Is Using Debt Reasonably Well

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Oct 17

Fluidra (BME:FDR) Is Doing The Right Things To Multiply Its Share Price

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Sep 03

Why Investors Shouldn't Be Surprised By Fluidra, S.A.'s (BME:FDR) P/E

When close to half the companies in Spain have price-to-earnings ratios (or "P/E's") below 19x, you may consider...
Analysis Article Aug 07

Fluidra (BME:FDR) Is Reducing Its Dividend To €0.2025

Fluidra, S.A. ( BME:FDR ) has announced that on 3rd of December, it will be paying a dividend of€0.2025, which a...
Analysis Article Aug 04

Fluidra, S.A. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Shareholders of Fluidra, S.A. ( BME:FDR ) will be pleased this week, given that the stock price is up 11% to €22.64...
Analysis Article Jul 23

Fluidra's (BME:FDR) Dividend Is Being Reduced To €0.2025

Fluidra, S.A. ( BME:FDR ) has announced that on 3rd of December, it will be paying a dividend of€0.2025, which a...
Analysis Article Jul 18

Fluidra (BME:FDR) Has A Somewhat Strained Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jul 03

Fluidra's (BME:FDR) Dividend Will Be Reduced To €0.2025

Fluidra, S.A. ( BME:FDR ) is reducing its dividend from last year's comparable payment to €0.2025 on the 3rd of...
Analysis Article Jun 15

Fluidra's (BME:FDR) Dividend Will Be Reduced To €0.243

Fluidra, S.A.'s ( BME:FDR ) dividend is being reduced from last year's payment covering the same period to €0.243 on...
Analysis Article Jun 14

Should You Investigate Fluidra, S.A. (BME:FDR) At €21.72?

Fluidra, S.A. ( BME:FDR ), is not the largest company out there, but it saw a decent share price growth of 14% on the...
Analysis Article May 23

Fluidra's (BME:FDR) Shareholders Will Receive A Smaller Dividend Than Last Year

Fluidra, S.A. ( BME:FDR ) has announced that on 3rd of July, it will be paying a dividend of€0.243, which a reduction...
Analysis Article May 03

Fluidra's (BME:FDR) Dividend Is Being Reduced To €0.243

Fluidra, S.A. ( BME:FDR ) is reducing its dividend from last year's comparable payment to €0.243 on the 3rd of July...
Analysis Article May 02

Shareholders Will Probably Hold Off On Increasing Fluidra, S.A.'s (BME:FDR) CEO Compensation For The Time Being

Key Insights Fluidra will host its Annual General Meeting on 8th of May CEO Eloi Planes Corts' total compensation...
Analysis Article Apr 19

Fluidra's (BME:FDR) Shareholders Will Receive A Smaller Dividend Than Last Year

Fluidra, S.A. ( BME:FDR ) is reducing its dividend from last year's comparable payment to €0.243 on the 3rd of July...
Analysis Article Apr 11

Fluidra (BME:FDR) Is Looking To Continue Growing Its Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Revenue & Expenses Breakdown

How Fluidra makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BME:FDR Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 262,2501744700
31 Dec 252,2481764650
30 Sep 252,2481784800
30 Jun 252,2161624670
31 Mar 252,1981494730
31 Dec 242,1611384520
30 Sep 242,1201294600
30 Jun 242,0941224240
31 Mar 242,0801104170
31 Dec 232,1061144170
30 Sep 232,105894060
30 Jun 232,188984440
31 Mar 232,3361264410
31 Dec 222,4491604510
30 Sep 222,4972104760
30 Jun 222,5002454190
31 Mar 222,3922604320
31 Dec 212,2342523900
30 Sep 212,0872414090
30 Jun 211,9452163370
31 Mar 211,7181623120
31 Dec 201,526962900
30 Sep 201,487612910
30 Jun 201,423352890
31 Mar 201,409132940
31 Dec 191,40783010
30 Sep 191,37783440
30 Jun 191,367-363340
31 Mar 191,190-403190
31 Dec 181,056-352690
30 Sep 18919-252520
30 Jun 18800272040
31 Mar 18793292010
31 Dec 17798311980
30 Sep 17798362030
30 Jun 17786331940
31 Mar 17760281960
31 Dec 16734241910
30 Sep 16723231950
30 Jun 16712211830
31 Mar 16689191820
31 Dec 15667131740
30 Sep 1564181740

Quality Earnings: FDR has high quality earnings.

Growing Profit Margin: FDR's current net profit margins (7.7%) are higher than last year (6.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FDR's earnings have declined by 9.4% per year over the past 5 years.

Accelerating Growth: FDR's earnings growth over the past year (16.6%) exceeds its 5-year average (-9.4% per year).

Earnings vs Industry: FDR earnings growth over the past year (16.6%) exceeded the Machinery industry 16.6%.


Return on Equity

High ROE: FDR's Return on Equity (10.6%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 10:21
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Fluidra, S.A. is covered by 24 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullBanco de Sabadell. S.A.
Alejandro Conde FraisoliBanco Santander
null nullBanco Santander