Ferrovial N.V. (FER) Form 6-K — Oct 27, 2026
Ferrovial reported strong nine-month 2026 results, with revenue of EUR 7,402 million (+10.8% like-for-like) and Adjusted EBITDA of EUR 1,210 million (+21.8% like-for-like), driven by U.S. Managed Lanes and a Construction division that hit a 4.1% adjusted EBIT margin. The Construction order book reached an all-time high of EUR 18,994 million, excluding roughly EUR 8,745 million of pre-awarded contracts, and Ferrovial won major new U.S. P3 concessions including Tennessee's I-24 Choice Lanes and Georgia's I-285 East Express Lanes, plus the D35 Highway PPP in the Czech Republic.
Key figures
- Revenue
- EUR 7,402 million
- Net Income
- Operating profit EUR 848 million (9M 2026) vs EUR 966 million (9M 2025)
- Total Debt
- Consolidated net debt EUR 5,929 million; ex-infrastructure net cash EUR -1,660 million
- Revenue Yoy
- +7.1% reported / +10.8% like-for-like
- Cash Position
- EUR 4,038 million cash at ex-infrastructure project companies; EUR 5,071 million ex-infrastructure liquidity
- Adjusted ebit 9m
- EUR 823 million (+24.2% LfL)
- Scrip dividend 1
- EUR 400 million (May 2026)
- Scrip dividend 2
- EUR 600 million announced Oct 27, 2026
- Adjusted ebitda 9m
- EUR 1,210 million (+17.4% reported, +21.8% LfL)
- 407 etr q4 dividend
- CAD 1,050 million approved
- Buyback repurchased
- 6,870,574 shares for EUR 391 million as of Sep 30, 2026 under EUR 800 million program extended to March 3, 2027
- Pre awarded contracts
- EUR 8,745 million
- Construction order book
- EUR 18,994 million (+8.2% LfL vs Dec 2025)
- Construction ebit margin
- 4.1%
- U s highways adjusted ebitda
- EUR 800 million (+9.6% reported, +13.7% LfL)
- Dividends collected from projects
- EUR 604 million
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