FY25 · Ended Dec 31, 2025 · View SEC filing
Last year's profit was mostly asset sales
Profit fell to €1.15 billion because last year's disposal gains did not repeat, while revenue still grew 5.2%.
For investorsWhat Ferrovial earns without asset sales
For foundersThe builder-owner playbook
Operating cash flow climbed to €1.93 billion from €1.29 billion, so profit understates what operations brought in this year.
Associates added €258 million while partners in consolidated companies took €262 million, so ownership structure shapes the bottom line.
Construction brings most of the revenue, and some of what it builds becomes concession income the group keeps.
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Business Lens describes Ferrovial from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.
