The earnings call highlighted robust growth in highways and strong performance in the 407 ETR, contributing to a solid cash position. However, there were challenges in specific areas like traffic decline in the NTE and increased operational costs.
Company Guidance
During the call, Ferrovial provided an extensive overview of its financial performance for the third quarter of 2025, highlighting strong metrics across various divisions. The company's adjusted EBIT margin reached 3.7% in the first nine months, while its net debt, excluding infrastructure projects, stood at a positive EUR 706 million. Significant cash inflows were driven by EUR 406 million in dividends from projects and proceeds of EUR 534 million from the sale of AGS Airports. Moreover, the U.S. highways segment showed robust growth, with revenue up 16.4% and adjusted EBITDA rising by 15.1% like-for-like. The 407 ETR asset reported a 9.4% traffic increase in the quarter, driving a 19.3% revenue growth over nine months. Additionally, the 407 Board approved a CAD 1.05 billion dividend for Q4, marking a 50% increase from last year. These metrics collectively indicate Ferrovial's continued financial resilience and strategic focus on North American assets.
Strong Highway Revenue Growth
U.S. highway revenue grew 16.4% like-for-like in the first 9 months of the year, with adjusted EBITDA up nearly 15.1%.
407 ETR Performance
Traffic growth of 9.4% in Q3, leading to a revenue increase of 18.6% and an EBITDA surge of 20.1%. Total dividends for the year expected to rise 36% from 2024.
Construction Division Profitability
Maintained solid profitability with an adjusted EBIT margin of 3.7% for the first 9 months and a 4.2% margin in Q3.
Net Cash Position
Net cash of EUR 706 million at the end of Q3, reflecting strong cash generation and disciplined investment.
Order Book Growth
The construction order book stands at EUR 17.2 billion, up 9.1% like-for-like compared to December 2024.
Ferrovial (FER) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FER Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 28, 2025
$63.87
$63.05
-1.28%
Jul 29, 2025
$52.18
$51.59
-1.14%
May 13, 2025
$47.88
$50.33
+5.11%
Feb 28, 2025
$44.03
$44.00
-0.07%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ferrovial SA (FER) report earnings?
Ferrovial SA (FER) is schdueled to report earning on Mar 04, 2026, After Close (Confirmed).
What is Ferrovial SA (FER) earnings time?
Ferrovial SA (FER) earnings time is at Mar 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.