Ferrovial SE
Ferrovial SE, 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 cons… Read more
Ferrovial SE (FER) - Net Assets
Latest net assets as of December 2025: $7.67 Billion USD
Based on the latest financial reports, Ferrovial SE (FER) has net assets worth $7.67 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($27.42 Billion) and total liabilities ($19.75 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.67 Billion |
| % of Total Assets | 27.95% |
| Annual Growth Rate | 8.44% |
| 5-Year Change | 31.27% |
| 10-Year Change | 21.4% |
| Growth Volatility | 84.29 |
Ferrovial SE - Net Assets Trend (2004–2025)
This chart illustrates how Ferrovial SE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ferrovial SE (2004–2025)
The table below shows the annual net assets of Ferrovial SE from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $7.67 Billion | -5.60% |
| 2024-12-31 | $8.12 Billion | +38.12% |
| 2023-12-31 | $5.88 Billion | -7.48% |
| 2022-12-31 | $6.35 Billion | +8.82% |
| 2021-12-31 | $5.84 Billion | +52.57% |
| 2020-12-31 | $3.83 Billion | -24.77% |
| 2019-12-31 | $5.09 Billion | -5.15% |
| 2018-12-31 | $5.36 Billion | -13.97% |
| 2017-12-31 | $6.23 Billion | -1.27% |
| 2016-12-31 | $6.31 Billion | -3.47% |
| 2015-12-31 | $6.54 Billion | +8.64% |
| 2014-12-31 | $6.02 Billion | -0.87% |
| 2013-12-31 | $6.07 Billion | +5.40% |
| 2012-12-31 | $5.76 Billion | -8.35% |
| 2011-12-31 | $6.29 Billion | -5.13% |
| 2010-12-31 | $6.63 Billion | +45.45% |
| 2009-12-31 | $4.56 Billion | +23.43% |
| 2008-12-31 | $3.69 Billion | -46.09% |
| 2007-12-31 | $6.85 Billion | +2.79% |
| 2006-12-31 | $6.66 Billion | +376.24% |
| 2004-12-31 | $1.40 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ferrovial SE's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 280812400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.79 Billion | 47.14% |
| Common Stock | $7.00 Million | 0.12% |
| Other Components | $3.12 Billion | 52.74% |
| Total Equity | $5.91 Billion | 100.00% |
Ferrovial SE Competitors by Market Cap
The table below lists competitors of Ferrovial SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Celestica Inc.
NYSE:CLS
|
$32.04 Billion |
|
GE HealthCare Technologies Inc.
NASDAQ:GEHC
|
$32.05 Billion |
|
State Street Corp
NYSE:STT
|
$32.08 Billion |
|
Sandvik AB
ST:SAND
|
$32.09 Billion |
|
Agilent Technologies Inc
NYSE:A
|
$31.80 Billion |
|
Kotak Mahindra Bank Limited
NSE:KOTAKBANK
|
$31.59 Billion |
|
Hershey Co
NYSE:HSY
|
$31.58 Billion |
|
Doosan Heavy Ind. & Const.
KO:034020
|
$31.56 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ferrovial SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,075,000,000 to 5,908,000,000, a change of -167,000,000 (-2.7%).
- Net income of 888,000,000 contributed positively to equity growth.
- Dividend payments of 156,000,000 reduced retained earnings.
- Share repurchases of 501,000,000 reduced equity.
- Other factors decreased equity by 398,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $888.00 Million | +15.03% |
| Dividends Paid | $156.00 Million | -2.64% |
| Share Repurchases | $501.00 Million | -8.48% |
| Other Changes | $-398.00 Million | -6.74% |
| Total Change | $- | -2.75% |
Book Value vs Market Value Analysis
This analysis compares Ferrovial SE's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.95x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 26.59x to 7.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $2.45 | $65.20 | x |
| 2006-12-31 | $25.02 | $65.20 | x |
| 2007-12-31 | $27.93 | $65.20 | x |
| 2008-12-31 | $2.85 | $65.20 | x |
| 2009-12-31 | $5.06 | $65.20 | x |
| 2010-12-31 | $7.08 | $65.20 | x |
| 2011-12-31 | $8.37 | $65.20 | x |
| 2012-12-31 | $7.69 | $65.20 | x |
| 2013-12-31 | $7.80 | $65.20 | x |
| 2014-12-31 | $7.48 | $65.20 | x |
| 2015-12-31 | $8.28 | $65.20 | x |
| 2016-12-31 | $7.37 | $65.20 | x |
| 2017-12-31 | $7.53 | $65.20 | x |
| 2018-12-31 | $5.60 | $65.20 | x |
| 2019-12-31 | $5.88 | $65.20 | x |
| 2020-12-31 | $4.35 | $65.20 | x |
| 2021-12-31 | $5.53 | $65.20 | x |
| 2022-12-31 | $5.69 | $65.20 | x |
| 2023-12-31 | $5.17 | $65.20 | x |
| 2024-12-31 | $8.33 | $65.20 | x |
| 2025-12-31 | $8.21 | $65.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ferrovial SE utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.03%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.22%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 4.64x
- Recent ROE (15.03%) is above the historical average (7.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -2.01% | -4.78% | 0.06x | 6.47x | $-138.42 Million |
| 2006 | 40.70% | 11.54% | 0.23x | 15.64x | $1.08 Billion |
| 2007 | 18.76% | 5.02% | 0.28x | 13.19x | $342.80 Million |
| 2008 | -102.09% | -11.41% | 0.29x | 30.53x | $-1.77 Billion |
| 2009 | -15.70% | -3.83% | 0.28x | 14.77x | $-767.70 Million |
| 2010 | 42.01% | 17.93% | 0.28x | 8.33x | $1.66 Billion |
| 2011 | 20.25% | 16.69% | 0.32x | 3.74x | $629.20 Million |
| 2012 | 12.27% | 9.00% | 0.35x | 3.94x | $127.80 Million |
| 2013 | 12.71% | 8.90% | 0.36x | 3.99x | $155.10 Million |
| 2014 | 7.09% | 4.57% | 0.35x | 4.49x | $-165.20 Million |
| 2015 | 11.89% | 7.42% | 0.38x | 4.19x | $114.20 Million |
| 2016 | 6.72% | 3.50% | 0.46x | 4.18x | $-183.70 Million |
| 2017 | 8.25% | 8.81% | 0.22x | 4.18x | $-96.30 Million |
| 2018 | -9.89% | -7.81% | 0.25x | 5.04x | $-901.00 Million |
| 2019 | 6.23% | 4.43% | 0.25x | 5.60x | $-162.40 Million |
| 2020 | -13.30% | -6.69% | 0.27x | 7.26x | $-742.70 Million |
| 2021 | 29.59% | 17.67% | 0.27x | 6.15x | $793.20 Million |
| 2022 | 4.57% | 2.49% | 0.29x | 6.39x | $-223.30 Million |
| 2023 | 12.21% | 5.40% | 0.32x | 6.99x | $83.40 Million |
| 2024 | 53.32% | 35.41% | 0.32x | 4.77x | $2.63 Billion |
| 2025 | 15.03% | 9.22% | 0.35x | 4.64x | $297.20 Million |
Industry Comparison
This section compares Ferrovial SE's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,646,543,800
- Average return on equity (ROE) among peers: 16.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ferrovial SE (FER) | $7.67 Billion | -2.01% | 2.58x | $31.91 Billion |
| Arcosa Inc (ACA) | $2.43 Billion | 3.86% | 1.02x | $5.06 Billion |
| Aecom Technology Corporation (ACM) | $-181.00 Million | 0.00% | 0.00x | $11.42 Billion |
| ACS Actividades de Construcción y Servicios S.A (ACSAF) | $4.44 Billion | 29.55% | 6.70x | $8.35 Billion |
| Acciona S.A (ACXIF) | $6.30 Billion | 7.00% | 2.58x | $3.04 Billion |
| Aecon Group Inc (AEGXF) | $153.60 Million | 7.49% | 3.66x | $737.44 Million |
| ÅF Pöyry AB (publ) (AFXXF) | $551.78 Million | 41.72% | 1.52x | $1.66 Billion |
| Abengoa S.A (AGOAF) | $797.49 Million | 15.10% | 9.17x | $1.82 Million |
| AF Gruppen ASA (AGRUF) | $1.95 Billion | 35.44% | 2.36x | $547.02 Million |
| Argan Inc (AGX) | $3.70 Million | 24.32% | 1.27x | $6.30 Billion |
| Amelco Corporation (AMLC) | $15.28 Million | 4.60% | 1.62x | $2.84 |