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Ferrovial N.V.NasdaqGS:FER Stock Report

Market Cap US$51.5b
Share Price
US$71.69
US$70.55
1.6% overvalued intrinsic discount
1Y45.0%
7D6.1%
Portfolio Value
View

Ferrovial N.V.

NasdaqGS:FER Stock Report

Market Cap: US$51.5b

Ferrovial (FER) Stock Overview

Engages in the development, construction, and operation of highways and airports in the United States, Poland, Spain, the United Kingdom, Canada, and internationally. More details

FER fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance2/6
Financial Health3/6
Dividends4/6

FER Community Fair Values

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Ferrovial N.V. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ferrovial
Historical stock prices
Current Share Price€71.69
52 Week High€74.79
52 Week Low€47.85
Beta0.80
1 Month Change8.31%
3 Month Change4.29%
1 Year Change45.03%
3 Year Change140.89%
5 Year Change137.38%
Change since IPO570.00%

Recent News & Updates

Seeking Alpha Mar 17

Ferrovial: A Fairly Valued Bet On Urban Traffic Congestion

Summary Ferrovial SE is pivoting toward US toll roads, leveraging monopoly-like, inflation-linked cash flows in high-growth, congested urban markets. FER's integrated model and capital recycling strategy drive profitability, but accounting obscures the scale of its high-margin concessions like 407 ETR. Despite aggressive US expansion and potential JFK NTO upside, FER trades at a full valuation with limited near-term upside and significant execution risk. I rate FER as HOLD, citing execution risk, fully priced shares, and a reduced margin of safety after the recent rally. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha Mar 17

Ferrovial: A Fairly Valued Bet On Urban Traffic Congestion

Summary Ferrovial SE is pivoting toward US toll roads, leveraging monopoly-like, inflation-linked cash flows in high-growth, congested urban markets. FER's integrated model and capital recycling strategy drive profitability, but accounting obscures the scale of its high-margin concessions like 407 ETR. Despite aggressive US expansion and potential JFK NTO upside, FER trades at a full valuation with limited near-term upside and significant execution risk. I rate FER as HOLD, citing execution risk, fully priced shares, and a reduced margin of safety after the recent rally. Read the full article on Seeking Alpha
Seeking Alpha Feb 26

Ferrovial: Cold Shower Before The Next Leg Up

Summary Ferrovial's strong operational performance and US listing have driven the stock to new highs, with potential for a discounted buy opportunity amid capital return speculation. The company had a stellar 2024, breaking the €40/share mark, supported by its valuable toll road in Toronto and successful US listing. Asset disposals have led to a net cash position, sparking speculation on increased shareholder remuneration, but high expectations may lead to disappointment. Despite potential short-term volatility, Ferrovial's strong asset base and growth prospects suggest continued momentum, with a potential year-end target of €50/share. Read the full article on Seeking Alpha

Shareholder Returns

FERUS ConstructionUS Market
7D6.1%16.3%3.2%
1Y45.0%136.4%31.0%

Return vs Industry: FER underperformed the US Construction industry which returned 137.3% over the past year.

Return vs Market: FER exceeded the US Market which returned 29.8% over the past year.

Price Volatility

Is FER's price volatile compared to industry and market?
FER volatility
FER Average Weekly Movement4.4%
Construction Industry Average Movement8.2%
Market Average Movement7.1%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: FER has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FER's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195222,464Ignacio Fernandezwww.ferrovial.com

Ferrovial N.V., together with its subsidiaries, engages in the development, construction, and operation of highways and airports in the United States, Poland, Spain, the United Kingdom, Canada, and internationally. It operates through four segments: Construction, Highways, Airports, and Energy. The company is involved in the development, financing, and operation of toll road infrastructure and construction activities, including the design and construction of public and private works; construction of public infrastructures; and development, financing, investing, and operation of airports.

Ferrovial N.V. Fundamentals Summary

How do Ferrovial's earnings and revenue compare to its market cap?
FER fundamental statistics
Market capUS$51.46b
Earnings (TTM)US$1.02b
Revenue (TTM)US$11.31b
50.5x
P/E Ratio
4.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FER income statement (TTM)
Revenue€9.63b
Cost of Revenue€1.21b
Gross Profit€8.42b
Other Expenses€7.55b
Earnings€868.00m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 07, 2026

Earnings per share (EPS)1.20
Gross Margin87.44%
Net Profit Margin9.02%
Debt/Equity Ratio136.0%

How did FER perform over the long term?

See historical performance and comparison

Dividends

1.4%
Current Dividend Yield
47%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/06 14:56
End of Day Share Price 2026/05/06 00:00
Earnings2025/12/31
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

Ferrovial N.V. is covered by 31 analysts. 19 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.
José ArroyasBanco Santander
Nabil AhmedBarclays