Ferrovial Valuation Multiples

Discover revenue and EBITDA valuation multiples for Ferrovial and similar public comparables like Aena, Samsung C&T, Hochtief, Larsen & Toubro and more.

Ferrovial Overview

About Ferrovial

Ferrovial is a global transportation infrastructure investor, developer, and operator, with a strong presence in North American toll roads. In recent years, it shifted its portfolio toward North America and India, and lowered its exposure to Europe (including selling its stake in Heathrow Airport). The jewels in its crown include its stake in the 99-year lease to operate the Highway 407 ETR toll road in Toronto and its concession to develop and operate New Terminal One at JFK until 2060.


Founded

1952

HQ

Netherlands

Employees

22.6K

Financials (LTM)

Revenue: $11B
EBITDA: $1.8B

EV

$56B

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Ferrovial Financials

Ferrovial reported last 12-month revenue of $11B and EBITDA of $1.8B.

In the same LTM period, Ferrovial generated $10B in gross profit, $1.8B in EBITDA, and $923M in net income.

Revenue (LTM)


Ferrovial P&L

In the most recent fiscal year, Ferrovial reported revenue of $11B and EBITDA of $2.3B.

Ferrovial is profitable as of last fiscal year, with gross margin of 86%, EBITDA margin of 20%, and net margin of 9%.

See analyst estimates for Ferrovial
LTMLast FY202320242025202620272028
Revenue$11B$11B$9.7B$10B$11B
Gross Profit$10B$9.7B$8.5B$9.2B$9.7B
Gross Margin91%86%88%88%88%
EBITDA$1.8B$2.3B$1.7B$5.2B$2.3B
EBITDA Margin15%20%18%50%21%
EBIT Margin11%11%7%10%10%
Net Profit$923M$1B$526M$3.7B$1B
Net Margin8%9%5%35%9%
Net Debt-$7.1B---

Financial data powered by Morningstar, Inc.

Ferrovial Stock Performance

Ferrovial has current market cap of $49B, and enterprise value of $56B.

Market Cap Evolution


Ferrovial's stock price is $68.26.

Ferrovial share price decreased by 0.2% in the last 30 days, and increased by 29.7% in the last year.

Ferrovial has an EPS (earnings per share) of $1.46.

See more trading valuation data for Ferrovial
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$56B$49B0.0%-0.2%-0.2%29.7%$1.46

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Ferrovial Valuation Multiples

Ferrovial trades at 4.9x EV/Revenue multiple, and 32.0x EV/EBITDA.

See NTM and 2027E valuation multiples for Ferrovial

EV / Revenue (LTM)


Ferrovial Financial Valuation Multiples

As of July 6, 2026, Ferrovial has market cap of $49B and EV of $56B.

Ferrovial has a P/E ratio of 52.9x.

LTMLast FY202320242025202620272028
EV/Revenue4.9x5.0x5.8x5.4x5.1x
EV/EBITDA32.0x24.6x32.2x10.8x24.6x
EV/EBIT46.7x46.9x83.3x54.5x50.8x
EV/Gross Profit5.4x5.8x6.6x6.1x5.8x
P/E52.9x46.6x92.8x13.2x48.1x
EV/FCF59.1x28.3x41.8x46.1x28.3x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Ferrovial Valuation Multiples

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Ferrovial Margins & Growth Rates

Ferrovial grew revenue by 1% but EBITDA decreased by 21% in the last fiscal year.

In the most recent fiscal year, Ferrovial reported gross margin of 86%, EBITDA margin of 20%, and net margin of 9%.

See estimated margins and future growth rates for Ferrovial

Ferrovial Margins

Last FY202420252026202720282029
Gross Margin86%88%88%88%
EBITDA Margin20%50%21%16%
EBIT Margin11%10%10%11%
Net Margin9%35%9%7%
FCF Margin18%12%18%8%

Ferrovial Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth1%7%5%4%
Gross Profit Growth4%8%6%4%
EBITDA Growth(21%)198%(56%)(21%)
EBIT Growth1%53%7%10%
Net Profit Growth(23%)604%(73%)(21%)
FCF Growth(57%)(9%)63%(57%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Ferrovial Operational KPIs

Ferrovial's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.4M for the same period.

Ferrovial's Rule of 40 is 20% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Ferrovial's Rule of X is 25% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for Ferrovial
LTMLast FY202320242025202620272028
Rule of 4018%20%---
Bessemer Rule of X23%25%---
Revenue per Employee-$0.5M---
Opex per Employee-$0.4M---
G&A Expenses to Revenue-27%27%27%27%
Opex to Revenue-76%81%78%78%

Data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 230+ Verticals

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Aena7.0x6.9x11.7x11.6x
Samsung C&T1.6x1.6x12.6x14.7x
Hochtief0.8x0.8x12.4x12.9x
Larsen & Toubro2.1x2.0x18.2x19.8x
Vulcan Materials5.6x5.5x18.8x18.4x
Grupo ACS0.7x0.7x10.4x10.5x
Comfort Systems USA6.7x5.8x41.6x33.6x
Martin Marietta Materials5.9x5.9x18.0x17.5x

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About Ferrovial

When was Ferrovial founded?Ferrovial was founded in 1952.
Where is Ferrovial headquartered?Ferrovial is headquartered in Netherlands.
How many employees does Ferrovial have?As of today, Ferrovial has over 22K employees.
Who is the CEO of Ferrovial?Ferrovial's CEO is Ignacio Madridejos.
Is Ferrovial publicly listed?Yes, Ferrovial is a public company listed on Nasdaq.
What is the stock symbol of Ferrovial?Ferrovial trades under FER ticker.
When did Ferrovial go public?Ferrovial went public in 2014.
Who are competitors of Ferrovial?Ferrovial main competitors include Aena, Samsung C&T, Hochtief, Larsen & Toubro, Vulcan Materials, Grupo ACS, Comfort Systems USA, Martin Marietta Materials, EMCOR Group, Epiroc.
What is the current market cap of Ferrovial?Ferrovial's current market cap is $49B.
What is the current revenue of Ferrovial?Ferrovial's last 12 months revenue is $11B.
What is the current revenue growth of Ferrovial?Ferrovial revenue growth (NTM/LTM) is 3%.
What is the current EV/Revenue multiple of Ferrovial?Current revenue multiple of Ferrovial is 4.9x.
What is the current EBITDA of Ferrovial?Ferrovial's last 12 months EBITDA is $1.8B.
What is Ferrovial's EBITDA margin?Ferrovial's last 12 months EBITDA margin is 15%.
What is the current EV/EBITDA multiple of Ferrovial?Current EBITDA multiple of Ferrovial is 32.0x.
What is the current FCF of Ferrovial?Ferrovial's last 12 months FCF is $951M.
What is Ferrovial's FCF margin?Ferrovial's last 12 months FCF margin is 8%.
What is the current EV/FCF multiple of Ferrovial?Current FCF multiple of Ferrovial is 59.1x.
How many companies Ferrovial has acquired to date?Ferrovial hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Ferrovial has invested to date?Ferrovial hasn't invested in any companies yet (or none have been disclosed publicly).

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