Maire Past Earnings Performance
Past criteria checks 4/6
Maire has been growing earnings at an average annual rate of 29.7%, while the Construction industry saw earnings growing at 32.1% annually. Revenues have been growing at an average rate of 22.5% per year. Maire's return on equity is 38.6%, and it has net margins of 3.7%.
Key information
29.70%
Earnings growth rate
29.83%
EPS growth rate
| Construction Industry Growth | 20.44% |
| Revenue growth rate | 22.46% |
| Return on equity | 38.57% |
| Net Margin | 3.72% |
| Next Earnings Update | 30 Jul 2026 |
Recent past performance updates
Recent updates
Narrative Update • Jun 04
MAIRE: Future Cash Flows And Dividend Policy Will Support Upside Potential
For Maire, the analyst price target has been nudged higher to €17.46, with analysts pointing to slightly adjusted assumptions for the discount rate, revenue growth, and profit margin, along with a modestly lower future P/E multiple, as the key drivers of the updated view. Analyst Commentary Bullish analysts on Maire are generally responding to the refreshed price target by fine tuning their models rather than shifting their fundamental view.Narrative Update • May 13
MAIRE: Long Term M&A And CapEx Execution Will Support Future Upside
Analysts have raised their fair value estimate for Maire to €17.46, up from €16.39, reflecting updated assumptions around revenue growth, profit margins and the forward P/E multiple. Analyst Commentary Analysts do not provide direct commentary on Maire in the referenced research, but their recent work on a comparable industrial stock offers useful read across for how the market may think about valuation, execution and growth in this type of business.Analysis Article • May 02
Maire S.p.A. (BIT:MAIRE) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Maire S.p.A. ( BIT:MAIRE ) just released its quarterly report and things are looking bullish. The company beat...Narrative Update • Apr 22
MAIRE: Long Term M&A And CapEx Plans Will Sustain Upside Potential
Analysts have nudged their price target for Maire to €16.39 from €16.15, reflecting updated assumptions on fair value, discount rate, revenue growth, profit margin and a future P/E of 20.47x. What's in the News Maire S.p.A. announced an annual dividend of €0.5850 per share, with an ex-date of April 20, 2026, a record date of April 21, 2026, and payment on April 22, 2026 (Key Developments).Narrative Update • Apr 07
MAIRE: Decade-Long M&A And CapEx Pipeline Will Support Upside Potential
Analysts have kept their fair value estimate for Maire steady at €16.15 while fine tuning assumptions around the discount rate, revenue growth and future P/E. This results in a slightly adjusted risk and earnings profile rather than a change in the headline target.Narrative Update • Mar 23
MAIRE: Long Term M&A And CapEx Plan Will Drive Upside Potential
Narrative Update on Maire The consensus analyst price target for Maire is now aligned with a fair value of €16.15. Analysts cite adjusted assumptions for the discount rate, revenue growth, profit margin and future P/E ratio to support this updated view.Narrative Update • Mar 09
MAIRE: Long Term M&A And CapEx Plan Will Drive Upside Potential
Analysts have lifted their price target on Maire from €14.79 to €16.15, citing updated assumptions on fair value, revenue growth, discount rate, profit margin and future P/E as the key drivers behind the change. What's in the News Maire S.p.A. announced an annual dividend of €0.5850 per share, with payment scheduled for April 22, 2026, ex-date on April 20, 2026, and record date on April 21, 2026 (Key Developments).Narrative Update • Feb 23
MAIRE: Steady Outlook Will Depend On 2026 Board And Investor Day Milestones
Analysts have nudged their fair value estimate for Maire slightly higher to €14.79 from €14.41, reflecting updated assumptions around the discount rate, revenue growth, profit margin, and a modestly higher future P/E multiple. What's in the News Maire plans an Analyst/Investor Day, giving management a platform to update the market on the business and capital allocation plans (Key Developments).Narrative Update • Feb 08
MAIRE: Steady Outlook Will Rely On 2026 Board And Investor Day Milestones
Analysts have raised their price target for Maire to €14.41. The change is mainly linked to slightly lower discount rate and future P/E assumptions, rather than any shift in projected revenue growth or profit margin.Narrative Update • Jan 25
MAIRE: Slightly Higher Fair Value Will Support Measured Return Expectations
Analysts have nudged their price target for Maire slightly higher to €14.41 from €14.33, reflecting small model adjustments to fair value, discount rate, revenue, profit margin and future P/E assumptions. What's in the News Board meeting scheduled for March 4, 2026, to review the draft financial statements and consolidated financial statements as at December 31, 2025 (Key Developments).Narrative Update • Jan 11
MAIRE: European M&A Plans And Stable Forecasts Will Shape Future Returns
Analysts have kept their fair value estimate for Maire steady at €14.33, as only minor tweaks to inputs such as discount rate, revenue growth, profit margin and forward P/E do not yet justify a different price target in their models. What's in the News Maire has scheduled a board meeting on March 4, 2026, to review the draft financial statements and consolidated financial statements as at December 31, 2025 (Key Developments).Analysis Article • Jan 07
Subdued Growth No Barrier To Maire S.p.A.'s (BIT:MAIRE) Price
There wouldn't be many who think Maire S.p.A.'s ( BIT:MAIRE ) price-to-earnings (or "P/E") ratio of 17.1x is worth a...Narrative Update • Dec 24
MAIRE: European Acquisitions And Stable Outlook Will Shape Future Returns
Analysts have nudged their price target for Maire slightly higher to €14.33 per share, citing modest improvements in discount rate assumptions and stable expectations for revenue growth, profit margins, and future valuation multiples. What's in the News Maire has scheduled a board meeting on March 4, 2026 to review draft standalone and consolidated financial statements for the year ended December 31, 2025 (Board Meeting).Analysis Article • Dec 12
Maire (BIT:MAIRE) Has A Rock Solid 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...Narrative Update • Dec 09
MAIRE: European Bolt-On Deals Will Drive Future Upside Potential
Analysts have modestly raised their price target on Maire to €14.33 from €14.33. This reflects slightly improved assumptions for the discount rate and future earnings multiple, while growth and margin expectations remain largely unchanged.Analysis Article • Nov 27
When Should You Buy Maire S.p.A. (BIT:MAIRE)?
Maire S.p.A. ( BIT:MAIRE ), is not the largest company out there, but it saw a decent share price growth of 11% on the...Narrative Update • Nov 25
MAIRE: Upcoming European Acquisitions Will Drive Profitability in 2024
Narrative Update: Maire Price Target Adjustment Analysts have raised their price target for Maire from €14.19 to €14.33. This change reflects expectations for improved growth and profitability metrics.Analysis Article • Nov 14
Is Maire S.p.A. (BIT:MAIRE) Worth €13.1 Based On Its Intrinsic Value?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Maire fair value estimate is €10.49 Maire's €13.07 share price...Narrative Update • Nov 07
MAIRE: Modest Margin Improvements And M&A Activity Will Shape 2024 Outlook
Analysts have raised their price target for Maire from $13.83 to $14.19, citing modest improvements in profit margin expectations, even though projected revenue growth is expected to be slightly slower. What's in the News Maire S.p.A. is actively seeking bolt-on acquisitions and is focusing on expanding its technology portfolio with selective M&A opportunities in Europe (Key Developments).Analysis Article • Oct 28
Do Maire's (BIT:MAIRE) Earnings Warrant Your Attention?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Narrative Update • Oct 24
Sustainable Infrastructure And Green Hydrogen Will Drive Profitability And Revenue Expansion
Narrative Update: Maire Analyst Price Target Revision Analysts have raised their price target for Maire from $13.47 to $13.83, citing slight improvements in projected profitability and a modest reduction in the company’s discount rate assumptions. What's in the News Maire S.p.A. has raised its earnings guidance for the full year 2025, increasing projected group revenues from a range of EUR 6.4 billion to 6.6 billion to a new range of EUR 6.8 billion to 7 billion (Key Developments).Narrative Update • Aug 27
Sustainable Infrastructure And Green Hydrogen Will Fuel Future Expansion
Maire’s consensus price target rose to €13.47, supported by slightly higher future P/E multiples and a modest increase in expected annual revenue growth. What's in the News Maire S.p.A. raised full-year 2025 group revenue guidance to EUR 6.8–7.0 billion from the previous EUR 6.4–6.6 billion range.Analysis Article • Aug 22
Maire S.p.A.'s (BIT:MAIRE) Shares May Have Run Too Fast Too Soon
It's not a stretch to say that Maire S.p.A.'s ( BIT:MAIRE ) price-to-earnings (or "P/E") ratio of 17.5x right now seems...Narrative Update • Aug 07
Sustainable Infrastructure And Green Hydrogen Will Fuel Future Expansion
Despite a notable downgrade in Maire's revenue growth outlook and a higher future P/E, the consensus analyst price target has been raised from €12.31 to €13.11. What's in the News Maire S.p.A. completed a follow-on equity offering, raising €51.1 million through the sale of 4,981,118 ordinary shares at €10.25 per share via a subsequent direct listing.Analysis Article • Aug 02
Maire S.p.A.'s (BIT:MAIRE) Intrinsic Value Is Potentially 35% Above Its Share Price
Key Insights The projected fair value for Maire is €15.81 based on 2 Stage Free Cash Flow to Equity Current share price...Analysis Article • Jul 18
What Is Maire S.p.A.'s (BIT:MAIRE) Share Price Doing?
While Maire S.p.A. ( BIT:MAIRE ) might not have the largest market cap around , it saw a significant share price rise...
New Narrative • Feb 09
Acquisitions Of HyDEP And GasConTec Will Expand Sustainable Technology Offerings
Strategic acquisitions and capacity enhancements position Maire to capitalize on strong project pipelines, potentially boosting future revenues.Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Maire 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 Mar 26 | 7,152 | 266 | 898 | 0 |
| 31 Dec 25 | 7,026 | 260 | 884 | 0 |
| 30 Sep 25 | 6,909 | 255 | 873 | 0 |
| 30 Jun 25 | 6,646 | 234 | 850 | 0 |
| 31 Mar 25 | 6,320 | 216 | 809 | 0 |
| 31 Dec 24 | 5,875 | 199 | 773 | 0 |
| 30 Sep 24 | 5,276 | 181 | 744 | 0 |
| 30 Jun 24 | 4,887 | 165 | 722 | 0 |
| 31 Mar 24 | 4,534 | 144 | 669 | 0 |
| 31 Dec 23 | 4,241 | 125 | 658 | 0 |
| 30 Sep 23 | 4,053 | 111 | 602 | 0 |
| 30 Jun 23 | 3,826 | 99 | 589 | 0 |
| 31 Mar 23 | 3,665 | 97 | 577 | 0 |
| 31 Dec 22 | 3,436 | 90 | 544 | 0 |
| 30 Sep 22 | 3,275 | 84 | 526 | 0 |
| 30 Jun 22 | 3,104 | 85 | 505 | 0 |
| 31 Mar 22 | 2,956 | 84 | 471 | 0 |
| 31 Dec 21 | 2,853 | 83 | 454 | 0 |
| 30 Sep 21 | 2,786 | 83 | 406 | 0 |
| 30 Jun 21 | 2,694 | 78 | 389 | 0 |
| 31 Mar 21 | 2,498 | 65 | 393 | 0 |
| 31 Dec 20 | 2,578 | 58 | 404 | 0 |
| 30 Sep 20 | 2,758 | 67 | 464 | 0 |
| 30 Jun 20 | 2,858 | 82 | 476 | 0 |
| 31 Mar 20 | 3,141 | 93 | 506 | 0 |
| 31 Dec 19 | 3,313 | 113 | 509 | 0 |
| 30 Sep 19 | 3,290 | 107 | 536 | 0 |
| 30 Jun 19 | 3,460 | 106 | 523 | 0 |
| 31 Mar 19 | 3,591 | 113 | 513 | 0 |
| 31 Dec 18 | 3,620 | 111 | 496 | 0 |
| 30 Sep 18 | 3,659 | 111 | 458 | 0 |
| 30 Jun 18 | 3,686 | 112 | 479 | 0 |
| 31 Mar 18 | 3,664 | 117 | 435 | 0 |
| 31 Dec 17 | 3,513 | 119 | 430 | 0 |
| 30 Sep 17 | 3,284 | 118 | 407 | 0 |
| 30 Jun 17 | 2,958 | 109 | 368 | 0 |
| 31 Mar 17 | 2,619 | 87 | 388 | 0 |
| 31 Dec 16 | 2,415 | 74 | 382 | 0 |
| 30 Sep 16 | 2,257 | 58 | 366 | 0 |
| 30 Jun 16 | 2,061 | 45 | 355 | 0 |
| 31 Mar 16 | 1,851 | 45 | 332 | 0 |
| 31 Dec 15 | 1,650 | 44 | 316 | 0 |
| 30 Sep 15 | 1,498 | 58 | 311 | 0 |
| 30 Jun 15 | 1,505 | 57 | 309 | 0 |
Quality Earnings: MAIRE has high quality earnings.
Growing Profit Margin: MAIRE's current net profit margins (3.7%) are higher than last year (3.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MAIRE's earnings have grown significantly by 29.7% per year over the past 5 years.
Accelerating Growth: MAIRE's earnings growth over the past year (22.9%) is below its 5-year average (29.7% per year).
Earnings vs Industry: MAIRE earnings growth over the past year (22.9%) exceeded the Construction industry 19.8%.
Return on Equity
High ROE: Whilst MAIRE's Return on Equity (38.57%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/11 18:06 |
| End of Day Share Price | 2026/06/11 00:00 |
| Earnings | 2026/03/31 |
| 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
Maire S.p.A. is covered by 17 analysts. 7 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 |
|---|---|
| Francesco Sala | Banca Akros S.p.A. (ESN) |
| Francesco Taddei | Banca Akros S.p.A. (ESN) |
| Lucy Haskins | Barclays |