Fincantieri Past Earnings Performance
Past criteria checks 5/6
Fincantieri has been growing earnings at an average annual rate of 47.5%, while the Machinery industry saw earnings growing at 8.2% annually. Revenues have been growing at an average rate of 6.9% per year. Fincantieri's return on equity is 11.9%, and it has net margins of 1.4%.
Key information
47.54%
Earnings growth rate
41.61%
EPS growth rate
| Machinery Industry Growth | 19.41% |
| Revenue growth rate | 6.86% |
| Return on equity | 11.89% |
| Net Margin | 1.38% |
| Next Earnings Update | 29 Jul 2026 |
Recent past performance updates
Analysis Article • Apr 01
Fincantieri (BIT:FCT) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Despite posting some strong earnings, the market for Fincantieri S.p.A.'s ( BIT:FCT ) stock hasn't moved much. We did...Analysis Article • Apr 18
Fincantieri's (BIT:FCT) Earnings Are Weaker Than They Seem
Despite announcing strong earnings, Fincantieri S.p.A.'s ( BIT:FCT ) stock was sluggish. Our analysis uncovered some...Recent updates
Narrative Update • May 06
FCT: Large Cruise Ship Backlog And Recent Upgrades Will Support Future Earnings
Analysts have trimmed their Fincantieri price target to about €17.74 from roughly €18.47, citing updated views on fair value, discount rates and future P/E assumptions, while keeping revenue growth and margin expectations broadly in line. Analyst Commentary Bullish Takeaways Bullish analysts link their upgrades to a view that the current share price does not fully reflect their updated fair value work, even after trimming the target to €17.74.Narrative Update • Apr 21
FCT: Recent Research Upgrades And Order Pipeline Will Support Future Earnings
Analysts have nudged their price target for Fincantieri slightly higher to about €18.47 per share, reflecting updated assumptions for revenue growth, profit margins, and a lower assumed future P/E multiple following recent research upgrades. Analyst Commentary Recent research upgrades point to a more constructive stance on Fincantieri, with the updated price target of about €18.47 per share framed around revised assumptions for revenue growth, profit margins, and a lower future P/E multiple.Analysis Article • Apr 01
Fincantieri (BIT:FCT) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Despite posting some strong earnings, the market for Fincantieri S.p.A.'s ( BIT:FCT ) stock hasn't moved much. We did...Analysis Article • Mar 30
Fincantieri S.p.A. (BIT:FCT) Just Reported Earnings, And Analysts Cut Their Target Price
Last week saw the newest yearly earnings release from Fincantieri S.p.A. ( BIT:FCT ), an important milestone in the...Narrative Update • Mar 28
FCT: Recent Upgrade And Equity Raise Will Support Future Earnings
Analysts have adjusted their fair value estimate for Fincantieri from about €19.46 to around €18.37, reflecting updated assumptions on the discount rate, revenue growth, profit margin and future P/E following recent Street research, including a fresh upgrade from Kepler Cheuvreux. Analyst Commentary Bullish Takeaways Bullish analysts view the recent fair value adjustment from about €19.46 to around €18.37 as still supportive of upside potential versus current trading levels.Narrative Update • Mar 12
FCT: Cruise Ship Contracts And Equity Raise Will Support Long Term Earnings
Analysts have adjusted their price target for Fincantieri slightly lower from about €20.03 to €19.46. This reflects modest tweaks to their assumptions on discount rate, revenue growth, profit margin and future P/E multiples.Narrative Update • Feb 25
FCT: Recent Equity Raise And New Contracts Will Support Long Term Earnings
Analysts have trimmed their price target on Fincantieri by €0.48 to €20.03. This reflects slightly more cautious assumptions on fair value, revenue growth, profit margins and future P/E expectations.Narrative Update • Feb 09
FCT: Reshaped U.S. Naval Program Will Support Stronger Long Term Earnings
Analysts have trimmed their fair value estimate for Fincantieri from €21.44 to €20.50, citing slightly softer assumptions for revenue growth, profit margins, the discount rate and future P/E multiples in their updated models. What's in the News Fincantieri and the U.S. Navy reached an agreement to reshape the future of the Constellation class program at Fincantieri Marinette Marine in Wisconsin, with continuity for two frigates under construction and discontinuity for four other contracted frigates as the Navy adjusts its priorities in small surface combatants (Key Developments).
New Narrative • Feb 03
Long-Dated Backlog And Naval Demand Will Support A Stronger Future Narrative
Catalysts About Fincantieri Fincantieri is a global shipbuilding group that designs and constructs cruise ships, naval vessels, underwater systems and offshore and specialized vessels, supported by equipment, systems and infrastructure activities. What are the underlying business or industry changes driving this perspective?Narrative Update • Jan 25
FCT: Reshaped U.S. Naval Program Will Support Stronger Long Term Earnings
Analysts have adjusted their price target for Fincantieri from €22.19 to €21.44. This change reflects updated views on the discount rate, revenue growth, profit margin and future P/E assumptions.Analysis Article • Jan 17
Why Investors Shouldn't Be Surprised By Fincantieri S.p.A.'s (BIT:FCT) 26% Share Price Surge
Fincantieri S.p.A. ( BIT:FCT ) shareholders are no doubt pleased to see that the share price has bounced 26% in the...Narrative Update • Jan 08
FCT: Reshaped U.S. Naval Program Will Support Stronger Long Term Earnings
Analysts have trimmed their price target on Fincantieri to €22.19 from €22.51, reflecting updated assumptions around slightly higher revenue growth, a lower discount rate, softer profit margin expectations and a higher future P/E multiple. What's in the News Fincantieri and the U.S. Navy agreed to reshape the future of the Constellation class program at Fincantieri Marinette Marine in Wisconsin, aligning with a broader fleet review focused on technological excellence, manned and unmanned vessels, and long term sustainability (Key Developments).Analysis Article • Dec 17
At €16.79, Is Fincantieri S.p.A. (BIT:FCT) Worth Looking At Closely?
Fincantieri S.p.A. ( BIT:FCT ), might not be a large cap stock, but it saw significant share price movement during...Narrative Update • Dec 15
FCT: Expanded U.S. Naval Programs Will Drive Stronger Long Term Earnings
Analysts have raised their price target for Fincantieri slightly to €22.51, citing modestly lower perceived risk and stable long term growth and margin assumptions that support a higher justified valuation multiple. What's in the News Fincantieri and the U.S. Navy reached a strategic agreement to reshape the Constellation class frigate program.Narrative Update • Dec 01
FCT: Renewed Defense Contracts Will Fuel Sustained Earnings Momentum Ahead
Analysts have raised their price target for Fincantieri from €22.16 to €22.51, citing incremental improvements in revenue growth expectations and fair value. However, slight increases in the discount rate and future P/E have tempered profit margin projections.Narrative Update • Nov 17
FCT: Successful Ship Delivery Will Drive Stronger Earnings Multiples Ahead
Analysts have raised their price target for Fincantieri from €17.10 to €22.16, citing updated valuation models and newly adjusted assumptions related to growth and risk. What's in the News Fincantieri officially delivered the Star Princess, the second Sphere-Class ship in the Princess Cruises fleet, during a handover ceremony at the Monfalcone shipyard (Key Developments).Analysis Article • Nov 13
Fincantieri S.p.A. (BIT:FCT) Stocks Pounded By 25% But Not Lagging Industry On Growth Or Pricing
The Fincantieri S.p.A. ( BIT:FCT ) share price has softened a substantial 25% over the previous 30 days, handing back...Analysis Article • Aug 31
Fincantieri S.p.A.'s (BIT:FCT) P/S Is Still On The Mark Following 27% Share Price Bounce
The Fincantieri S.p.A. ( BIT:FCT ) share price has done very well over the last month, posting an excellent gain of...Analysis Article • Aug 20
Is It Time To Consider Buying Fincantieri S.p.A. (BIT:FCT)?
BIT:FCT 1 Year Share Price vs Fair Value Explore Fincantieri's Fair Values from the Community and select yours...Analysis Article • Aug 02
Earnings Update: Fincantieri S.p.A. (BIT:FCT) Just Reported Its Interim Results And Analysts Are Updating Their Forecasts
Last week, you might have seen that Fincantieri S.p.A. ( BIT:FCT ) released its half-yearly result to the market. The...Analysis Article • May 04
The Market Lifts Fincantieri S.p.A. (BIT:FCT) Shares 25% But It Can Do More
Despite an already strong run, Fincantieri S.p.A. ( BIT:FCT ) shares have been powering on, with a gain of 25% in the...
New Narrative • Apr 26
Operational Efficiency And Underwater Expansion Will Create Future Value
Fincantieri's operational efficiency and strategic acquisitions bolster net margins, enhance earnings, and support long-term growth.Analysis Article • Apr 18
Fincantieri's (BIT:FCT) Earnings Are Weaker Than They Seem
Despite announcing strong earnings, Fincantieri S.p.A.'s ( BIT:FCT ) stock was sluggish. Our analysis uncovered some...Analysis Article • Apr 14
Does Fincantieri (BIT:FCT) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Dec 06
Fincantieri S.p.A.'s (BIT:FCT) Shares Leap 28% Yet They're Still Not Telling The Full Story
Despite an already strong run, Fincantieri S.p.A. ( BIT:FCT ) shares have been powering on, with a gain of 28% in the...Analysis Article • Dec 01
Why Fincantieri S.p.A. (BIT:FCT) Could Be Worth Watching
While Fincantieri S.p.A. ( BIT:FCT ) might not have the largest market cap around , it received a lot of attention from...Analysis Article • Oct 10
Are Investors Undervaluing Fincantieri S.p.A. (BIT:FCT) By 33%?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Fincantieri fair value estimate is €7.30 Current share price...Analysis Article • Aug 02
Fincantieri S.p.A. (BIT:FCT) Analysts Are Pretty Bullish On The Stock After Recent Results
Last week, you might have seen that Fincantieri S.p.A. ( BIT:FCT ) released its interim result to the market. The early...Analysis Article • Jul 26
Fincantieri S.p.A. (BIT:FCT) Stock Rockets 26% But Many Are Still Ignoring The Company
Those holding Fincantieri S.p.A. ( BIT:FCT ) shares would be relieved that the share price has rebounded 26% in the...Analysis Article • Jun 05
What Is Fincantieri S.p.A.'s (BIT:FCT) Share Price Doing?
Fincantieri S.p.A. ( BIT:FCT ), might not be a large cap stock, but it saw a significant share price rise of 23% in the...Analysis Article • Apr 30
Fincantieri (BIT:FCT) Is Reinvesting At Lower Rates Of Return
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Analysis Article • Mar 16
The Market Lifts Fincantieri S.p.A. (BIT:FCT) Shares 28% But It Can Do More
Fincantieri S.p.A. ( BIT:FCT ) shares have had a really impressive month, gaining 28% after a shaky period beforehand...Analysis Article • Oct 31
Fincantieri (BIT:FCT) Will Want To Turn Around Its Return Trends
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...Analysis Article • May 28
Returns On Capital At Fincantieri (BIT:FCT) Paint A Concerning Picture
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 • Apr 22
Fincantieri (BIT:FCT) Use Of Debt Could Be Considered Risky
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Mar 09
Should You Investigate Fincantieri S.p.A. (BIT:FCT) At €0.57?
Fincantieri S.p.A. ( BIT:FCT ), might not be a large cap stock, but it saw significant share price movement during...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Fincantieri 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 | 8,920 | 123 | 1,567 | 0 |
| 30 Sep 25 | 9,103 | 113 | 2,604 | 0 |
| 30 Jun 25 | 8,839 | 96 | 1,504 | 0 |
| 31 Mar 25 | 8,468 | 70 | 1,473 | 0 |
| 31 Dec 24 | 7,951 | 33 | 1,427 | 0 |
| 30 Sep 24 | 7,648 | -53 | 1,266 | 0 |
| 30 Jun 24 | 7,458 | -57 | 1,347 | 0 |
| 31 Mar 24 | 7,453 | -64 | 1,294 | 0 |
| 31 Dec 23 | 7,448 | -53 | 1,266 | 0 |
| 30 Sep 23 | 7,303 | -39 | 292 | 0 |
| 30 Jun 23 | 7,493 | -99 | 1,214 | 0 |
| 31 Mar 23 | 7,348 | -201 | 1,217 | 0 |
| 31 Dec 22 | 7,349 | -309 | 1,209 | 0 |
| 30 Sep 22 | 7,219 | -261 | 1,190 | 0 |
| 30 Jun 22 | 7,088 | -214 | 1,171 | 0 |
| 31 Mar 22 | 6,957 | -96 | 1,142 | 0 |
| 31 Dec 21 | 6,825 | 22 | 1,112 | 0 |
| 30 Sep 21 | 6,759 | -39 | 1,087 | 0 |
| 30 Jun 21 | 6,693 | -100 | 1,062 | 0 |
| 31 Mar 21 | 6,253 | -170 | 1,003 | 0 |
| 31 Dec 20 | 5,812 | -240 | 945 | 0 |
| 30 Sep 20 | 5,585 | -260 | 950 | 0 |
| 30 Jun 20 | 5,358 | -280 | 956 | 0 |
| 31 Mar 20 | 5,577 | -199 | 992 | 0 |
| 31 Dec 19 | 5,796 | -117 | 1,027 | 0 |
| 30 Sep 19 | 5,738 | -19 | 1,028 | 0 |
| 30 Jun 19 | 5,680 | 80 | 1,028 | 0 |
| 31 Mar 19 | 5,536 | 76 | 1,009 | 0 |
| 31 Dec 18 | 5,391 | 72 | 990 | 0 |
| 30 Sep 18 | 5,280 | 69 | 977 | 0 |
| 30 Jun 18 | 5,169 | 66 | 965 | 0 |
| 31 Mar 18 | 5,051 | 61 | 956 | 0 |
| 31 Dec 17 | 4,934 | 57 | 947 | 0 |
| 30 Sep 17 | 4,740 | 44 | 967 | 0 |
| 30 Jun 17 | 4,382 | 31 | 900 | 0 |
| 31 Mar 17 | 4,455 | 32 | 897 | 0 |
| 31 Dec 16 | 4,363 | 25 | 888 | 0 |
| 30 Sep 16 | 4,333 | -63 | 876 | 0 |
| 30 Jun 16 | 4,180 | -180 | 877 | 0 |
| 31 Mar 16 | 4,073 | -148 | 894 | 0 |
| 31 Dec 15 | 4,135 | -175 | 908 | 0 |
| 30 Sep 15 | 4,439 | -71 | 946 | 0 |
| 30 Jun 15 | 4,572 | 56 | 959 | 0 |
Quality Earnings: FCT has high quality earnings.
Growing Profit Margin: FCT's current net profit margins (1.4%) are higher than last year (0.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FCT has become profitable over the past 5 years, growing earnings by 47.5% per year.
Accelerating Growth: FCT's earnings growth over the past year (274.6%) exceeds its 5-year average (47.5% per year).
Earnings vs Industry: FCT earnings growth over the past year (274.6%) exceeded the Machinery industry 1.4%.
Return on Equity
High ROE: FCT's Return on Equity (11.9%) is considered low.
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 | 2026/05/18 17:52 |
| End of Day Share Price | 2026/05/18 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| 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
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
Fincantieri S.p.A. is covered by 18 analysts. 8 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 |
|---|---|
| Andrea Belloli | Banca Akros S.p.A. (ESN) |
| Andrea Belloli | Banca Akros S.p.A. (ESN) |
| Michele Baldelli | BNP Paribas |