Ferrovial delivers strong performance in first nine months of 2026
Ferrovial reported 9M 2026 revenue of €7.4 billion, up 10.8% like-for-like, with adjusted EBITDA of €1.2 billion, up 21.8%. North America Highways revenue grew 14.7% to €1.1 billion, and Construction posted a 4.1% adjusted EBIT margin, beating the 3.5% long-term target, with a record €19 billion order book. Ferrovial-led consortia won the I-24 Southeast Choice Lanes in Tennessee (commercial close September) and the I-285 East Express Lanes in Georgia in October, extending the U.S. P3 pipeline.
Key figures
- Revenue
- €7.4 billion
- Revenue Yoy
- 10.8% like-for-like
- Liquidity
- €5.1 billion
- Adjusted ebit
- €823 million
- Order book yoy
- 8.2%
- Adjusted ebitda
- €1.21 billion
- 407 etr dividend
- CAD 1,050 million
- Highways revenue
- €1.1 billion
- Adjusted ebit yoy
- 24.2% like-for-like
- Adjusted ebitda yoy
- 21.8% like-for-like
- Highways revenue yoy
- 14.7% like-for-like
- Construction order book
- €18,994 million
- Construction ebit margin
- 4.1%
- Highways adjusted ebitda
- €816 million
- Nto commercial agreements
- 32
- Consolidated net cash ex infra
- €1.7 billion
- North america project dividends
- €524 million
AI analysis
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