Cash flow Acciona, S.A.

Equities

ANA

ES0125220311

Construction & Engineering

Market Closed - BME Other stock markets 18:39:23 10/04/2026 +03			5-day change	1st Jan Change
239.80 ^EUR	+1.18%		+3.54%	+28.99%

04-10	Techint completes seawater pumping system for Chile's Collahuasi mine	RE
04-09	Acciona to renovate water treatment plant in Puerto Rico for $152 mln	RE

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Published financial data: ACCIONA, S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	8.1B	11.2B	17.02B	19.19B	20.24B
Other Revenues, Total	563M	1.02B	946M	1.69B	1.25B
Total Revenues	8.67B	12.21B	17.97B	20.88B	21.49B
Cost of Goods Sold, Total	1.87B	3.41B	5.46B	7.06B	6.53B
Gross Profit	6.8B	8.8B	12.5B	13.82B	14.96B
Selling General & Admin Expenses, Total	1.9B	2.22B	3.16B	3.69B	3.94B
Depreciation & Amortization - (IS)	-	-	-	-	-
Amortization of Goodwill and Intangible Assets - (IS)	714M	762M	1.1B	1.27B	1.35B
Other Operating Expenses	3.52B	4.66B	7.52B	7.84B	8.56B
Other Operating Expenses, Total	6.13B	7.64B	11.78B	12.8B	13.85B
Operating Income	668M	1.16B	718M	1.02B	1.11B
Interest Expense, Total	-235M	-257M	-511M	-658M	-682M
Interest And Investment Income	2.34M	1M	2M	3M	8M
Net Interest Expenses	-232M	-256M	-509M	-655M	-674M
Income (Loss) On Equity Invest.	12.83M	-35M	48M	158M	134M
Currency Exchange Gains (Loss)	9.9M	8M	-	-58M	-8M
Other Non Operating Income (Expenses)	49.03M	-23M	181M	164M	213M
EBT, Excl. Unusual Items	508M	854M	438M	628M	779M
Impairment of Goodwill	-	-	-	-	-43M
Gain (Loss) On Sale Of Investments	-	-	248M	-	698M
Gain (Loss) On Sale Of Assets	68.09M	34M	2M	3M	-15M
Asset Writedown	-842K	16M	-14M	134M	-27M
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-35M	145M	-	-
EBT, Incl. Unusual Items	575M	869M	819M	765M	1.39B
Income Tax Expense	171M	254M	198M	156M	263M
Earnings From Continuing Operations	404M	615M	621M	609M	1.13B
Net Income to Company	404M	615M	621M	609M	1.13B
Minority Interest	-72.1M	-174M	-80M	-187M	-326M
Net Income - (IS)	332M	441M	541M	422M	803M
Net Income to Common Incl Extra Items	332M	441M	541M	422M	803M
Net Income to Common Excl. Extra Items	332M	441M	541M	422M	803M
Per Share Items
Net EPS - Basic	6.08	8.06	9.89	7.75	14.74
Basic EPS - Continuing Operations	6.08	8.06	9.89	7.75	14.74
Basic Weighted Average Shares Outstanding	54.63M	54.68M	54.72M	54.48M	54.48M
Net EPS - Diluted	6.08	8.06	9.89	7.74	14.74
Diluted EPS - Continuing Operations	6.08	8.06	9.89	7.74	14.74
Diluted Weighted Average Shares Outstanding	54.63M	54.68M	54.72M	54.48M	54.48M
Normalized Basic EPS	4.49	6.58	3.54	3.77	2.95
Normalized Diluted EPS	4.49	6.58	3.54	3.77	2.95
Dividend Per Share	4.11	4.51	4.89	5.28	5.65
Payout Ratio	64.43	51.02	45.66	63.03	43.59
American Depositary Receipts Ratio (ADR)	0.05	0.05	0.05	0.05	0.05
Supplemental Items
EBITDA	1.15B	1.64B	1.42B	1.85B	1.9B
EBITA	730M	1.2B	775M	1.07B	1.17B
EBIT	668M	1.16B	718M	1.02B	1.11B
EBITDAR	1.26B	1.78B	1.66B	2.12B	2.19B
Effective Tax Rate - (Ratio)	29.68	29.23	24.18	20.39	18.89
Total Current Taxes	-	235M	307M	345M	308M
Total Deferred Taxes	-	19M	-109M	-189M	-44M
Normalized Net Income	245M	360M	194M	206M	161M
Interest Capitalized	7.3M	16M	76M	137M	114M
Interest on Long-Term Debt	35.3M	49M	119M	181M	163M
Non-Cash Pension Expense	76K	2M	400K	1.5M	-
Supplemental Operating Expense Items
Net Rental Expense, Total	108M	141M	237M	266M	293M
Imputed Operating Lease Interest Expense	29.08M	41.43M	118M	142M	143M
Imputed Operating Lease Depreciation	78.92M	99.57M	119M	124M	150M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	2.32B	2.36B	3.71B	4.24B	5.4B
Short Term Investments	210M	292M	589M	340M	413M
Trading Asset Securities, Total	2.71M	11M	3M	-	-
Total Cash And Short Term Investments	2.53B	2.66B	4.31B	4.58B	5.81B
Accounts Receivable, Total	2.22B	2.63B	3.79B	3.69B	4.24B
Other Receivables	593M	845M	806M	1.04B	1.18B
Total Receivables	2.82B	3.47B	4.6B	4.73B	5.42B
Inventory	1.21B	1.39B	3.07B	2.65B	2.64B
Other Current Assets, Total	678M	667M	1.31B	2.28B	1.86B
Total Current Assets	7.24B	8.19B	13.28B	14.24B	15.73B
Gross Property Plant And Equipment	14.21B	15.02B	18.2B	19.2B	19.06B
Accumulated Depreciation	-6.35B	-6.85B	-8.32B	-8.46B	-8.6B
Net Property Plant And Equipment	7.86B	8.17B	9.88B	10.75B	10.46B
Long-term Investments	1.54B	1.94B	889M	1.08B	1.35B
Goodwill	249M	249M	1.37B	1.36B	1.32B
Other Intangibles, Total	458M	566M	1.59B	1.59B	1.74B
Accounts Receivable Long-Term	414M	376M	415M	535M	566M
Deferred Tax Assets Long-Term	920M	872M	1.42B	1.99B	2.18B
Other Long-Term Assets, Total	925M	2.23B	2.81B	3.08B	2.52B
Total Assets	19.6B	22.6B	31.65B	34.62B	35.85B
Liabilities
Accounts Payable, Total	3.08B	3.8B	6.86B	5.05B	5.75B
Accrued Expenses, Total	154M	444M	689M	826M	841M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	1.93B	1.68B	2.01B	2.82B	2.02B
Current Portion of Leases	83.93M	84M	133M	148M	142M
Current Income Taxes Payable	40.72M	74M	87M	148M	205M
Other Current Liabilities	1.62B	1.74B	2.49B	5.25B	4.28B
Total Current Liabilities	6.91B	7.82B	12.26B	14.24B	13.24B
Long-Term Debt	4.44B	5.7B	8.03B	8.84B	10.59B
Long-Term Leases	469M	475M	721M	779M	755M
Unearned Revenue Non Current	122M	121M	201M	282M	367M
Pension & Other Post Retirement Benefits	23M	31M	45M	53M	67M
Deferred Tax Liability Non Current	813M	890M	1.33B	1.53B	1.56B
Other Non Current Liabilities	1.26B	1.26B	2.21B	2.52B	2.99B
Total Liabilities	14.05B	16.29B	24.8B	28.24B	29.56B
Common Stock, Total	54.86M	55M	55M	55M	55M
Additional Paid In Capital	170M	170M	170M	170M	170M
Retained Earnings	4.35B	4.63B	4.93B	5B	5.55B
Treasury Stock	-18.29M	-17M	-10M	-46M	-41M
Comprehensive Income and Other	-242M	48M	-136M	-372M	-1.03B
Total Common Equity	4.31B	4.88B	5.01B	4.81B	4.71B
Minority Interest	1.25B	1.42B	1.84B	1.56B	1.58B
Total Equity	5.56B	6.3B	6.85B	6.38B	6.28B
Total Liabilities And Equity	19.6B	22.6B	31.65B	34.62B	35.85B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	54.65M	54.69M	54.75M	54.43M	54.51M
ECS Total Common Shares Outstanding	54.65M	54.69M	54.75M	54.43M	54.51M
Book Value / Share	78.9	89.32	91.49	88.41	86.34
Tangible Book Value	3.61B	4.07B	2.05B	1.86B	1.66B
Tangible Book Value Per Share	65.97	74.42	37.39	34.17	30.36
Total Debt	6.93B	7.93B	10.9B	12.59B	13.5B
Net Debt	4.4B	5.27B	6.59B	8.01B	7.69B
Debt Equivalent of Unfunded Proj. Benefit Obligation	686K	3M	2M	5M	-
Debt Equivalent Oper. Leases	864M	1.13B	1.9B	2.13B	2.34B
Minority Interest, Total (Incl. Fin. Div)	1.25B	1.42B	1.84B	1.56B	1.58B
Equity Method Investments, Total	1.32B	1.73B	732M	798M	978M
Account Code - Inventory Valuation	6	6	6	6	5
Inventories - Raw Materials, Total	1.21B	1.23B	2.1B	2.14B	1.89B
Inventories - Work In Process, Total	214M	304M	963M	536M	731M
Inventories - Finished Goods, Total	21.74M	24M	94M	94M	104M
Inventories - Others	115M	164M	295M	279M	313M
Land - (BS)	414M	549M	886M	927M	968M
Machinery, Total	12.76B	13.36B	15.73B	16.6B	16.38B
Full Time Employees	41.66K	45.89K	57.84K	66.02K	68.5K
Accumulated Allowance for Doubtful Accounts (Supple)	282M	291M	352M	337M	367M
Order Backlog	18.1B	22.02B	24.51B	28.56B	30.35B

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	332M	441M	541M	422M	803M
Depreciation & Amortization - CF	524M	579M	813M	980M	947M
Amortization of Goodwill and Intangible Assets - (CF)	61.96M	44M	57M	50M	59M
Depreciation & Amortization, Total	586M	623M	870M	1.03B	1.01B
Amortization of Deferred Charges, Total - (CF)	-	28M	72M	99M	100M
Asset Writedown & Restructuring Costs	1.56M	84M	14M	41M	35M
Other Operating Activities, Total	-6M	337M	-27M	125M	-566M
Change in Other Net Operating Assets	-340M	135M	225M	522M	770M
Cash from Operations	573M	1.65B	1.7B	2.24B	2.15B
Capital Expenditure	-948M	-2.2B	-2.89B	-2.73B	-1.77B
Sale of Property, Plant, and Equipment	82.05M	47M	51M	84M	168M
Cash Acquisitions	-79.09M	-244M	-165M	-	-49M
Divestitures	92.62M	51M	2M	304M	1.74B
Other Investing Activities, Total	-234M	397M	-202M	-122M	-421M
Cash from Investing	-1.09B	-1.94B	-3.21B	-2.46B	-334M
Long-Term Debt Issued, Total	4.11B	4.02B	4.43B	5.69B	5.69B
Total Debt Issued	4.11B	4.02B	4.43B	5.69B	5.69B
Long-Term Debt Repaid, Total	-4.72B	-3.31B	-1.54B	-4.1B	-5.38B
Total Debt Repaid	-4.72B	-3.31B	-1.54B	-4.1B	-5.38B
Issuance of Common Stock	-	-	1M	-	-
Repurchase of Common Stock	-1.03M	-1M	-	-46M	-
Common Dividends Paid	-214M	-225M	-247M	-266M	-350M
Common & Preferred Stock Dividends Paid	-214M	-225M	-247M	-266M	-350M
Other Financing Activities, Total	1.21B	-151M	252M	-523M	-475M
Cash from Financing	384M	338M	2.9B	760M	-520M
Foreign Exchange Rate Adjustments	40.65M	-	-36M	-8M	-138M
Net Change in Cash	-89.18M	42M	1.35B	526M	1.16B
Supplemental Items
Cash Interest Paid	206M	209M	485M	598M	585M
Cash Income Tax Paid (Refund)	82.02M	215M	329M	211M	337M
Levered Free Cash Flow	-883M	-643M	-1.21B	-607M	-849M
Unlevered Free Cash Flow	-737M	-482M	-891M	-196M	-423M
Change In Net Working Capital	792M	-337M	-612M	-769M	456M
Net Debt Issued / Repaid	-614M	715M	2.9B	1.6B	305M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.21	3.44	1.65	1.92	1.98
Return on Total Capital	3.53	5.43	2.81	3.45	3.6
Return On Equity %	8.72	10.37	9.44	9.28	17.83
Return on Common Equity	8.67	9.59	10.94	8.59	16.87
Margin Analysis
Gross Profit Margin %	78.42	72.07	69.58	66.19	69.63
SG&A Margin	21.87	18.16	17.61	17.67	18.33
EBITDA Margin %	13.25	13.46	7.91	8.87	8.84
EBITA Margin %	8.42	9.86	4.31	5.12	5.46
EBIT Margin %	7.71	9.5	4	4.88	5.18
Income From Continuing Operations Margin %	4.66	5.04	3.46	2.92	5.25
Net Income Margin %	3.83	3.61	3.01	2.02	3.74
Net Avail. For Common Margin %	3.83	3.61	3.01	2.02	3.74
Normalized Net Income Margin	2.83	2.95	1.08	0.98	0.75
Levered Free Cash Flow Margin	-10.19	-5.26	-6.74	-2.91	-3.95
Unlevered Free Cash Flow Margin	-8.5	-3.95	-4.96	-0.94	-1.97
Asset Turnover
Asset Turnover	0.46	0.58	0.66	0.63	0.61
Fixed Assets Turnover	1.15	1.52	1.99	2.02	2.03
Receivables Turnover (Average Receivables)	4.08	4.62	5.3	5.13	5.1
Inventory Turnover (Average Inventory)	1.53	2.63	2.45	2.47	2.47
Short Term Liquidity
Current Ratio	1.05	1.05	1.08	1	1.19
Quick Ratio	0.77	0.78	0.73	0.65	0.85
Operating Cash Flow to Current Liabilities	0.08	0.21	0.14	0.16	0.16
Days Sales Outstanding (Average Receivables)	89.47	79.08	68.86	71.35	71.5
Days Outstanding Inventory (Average Inventory)	238.12	138.89	148.7	148.24	148.05
Average Days Payable Outstanding	592.28	350.4	272.29	270.05	304.02
Cash Conversion Cycle (Average Days)	-264.69	-132.42	-54.73	-50.47	-84.47
Long Term Solvency
Total Debt/Equity	124.69	125.86	159.03	197.49	214.84
Total Debt / Total Capital	55.49	55.72	61.39	66.39	68.24
LT Debt/Equity	88.42	97.87	127.75	150.91	180.49
Long-Term Debt / Total Capital	39.35	43.33	49.32	50.73	57.33
Total Liabilities / Total Assets	71.65	72.1	78.35	81.58	82.47
EBIT / Interest Expense	2.85	4.51	1.41	1.55	1.63
EBITDA / Interest Expense	5.34	6.94	3.11	3.11	3.11
(EBITDA - Capex) / Interest Expense	1.3	-1.6	-2.56	-1.04	0.51
Total Debt / EBITDA	5.53	4.45	6.86	6.15	6.37
Net Debt / EBITDA	3.51	2.96	4.15	3.91	3.63
Total Debt / (EBITDA - Capex)	22.68	-19.26	-8.34	-18.46	38.47
Net Debt / (EBITDA - Capex)	14.4	-12.79	-5.05	-11.75	21.92
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	19.21	40.89	47.14	16.2	2.93
Gross Profit, 1 Yr. Growth %	29.51	29.47	42.07	10.53	8.29
EBITDA, 1 Yr. Growth %	39.77	45.79	-13.51	30.33	2.59
EBITA, 1 Yr. Growth %	71.82	70.06	-35.63	37.94	9.73
EBIT, 1 Yr. Growth %	83.97	73.65	-38.1	41.92	9.32
Earnings From Cont. Operations, 1 Yr. Growth %	-3.17	52.23	0.98	-1.93	85.39
Net Income, 1 Yr. Growth %	-14.21	32.83	22.68	-22	90.28
Normalized Net Income, 1 Yr. Growth %	35.9	46.54	-46.14	6.06	-21.72
Diluted EPS Before Extra, 1 Yr. Growth %	-14.38	32.62	22.65	-21.71	90.42
Accounts Receivable, 1 Yr. Growth %	27.09	18.32	44.28	-2.74	14.91
Inventory, 1 Yr. Growth %	-1.58	14.55	121.28	-13.56	-0.3
Net Property, Plant and Equip., 1 Yr. Growth %	9.87	4	20.84	8.83	-2.67
Total Assets, 1 Yr. Growth %	7.67	15.26	40.08	9.38	3.55
Tangible Book Value, 1 Yr. Growth %	33.29	12.9	-49.72	-9.14	-10.2
Common Equity, 1 Yr. Growth %	28.84	13.29	2.54	-3.93	-2.2
Cash From Operations, 1 Yr. Growth %	-40.78	187.11	2.85	32.09	-4.06
Capital Expenditures, 1 Yr. Growth %	4.71	131.54	31.85	-5.63	-35.23
Levered Free Cash Flow, 1 Yr. Growth %	-329.58	-27	88.39	-59.83	39.78
Unlevered Free Cash Flow, 1 Yr. Growth %	-235.18	-34.28	84.91	-83.54	115.55
Dividend Per Share, 1 Yr. Growth %	5.45	9.66	8.39	8.09	6.93
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	4.91	29.59	43.98	30.76	9.37
Gross Profit, 2 Yr. CAGR %	7.61	29.49	35.62	25.31	9.4
EBITDA, 2 Yr. CAGR %	-1.6	41.4	12.29	6.17	15.63
EBITA, 2 Yr. CAGR %	-0.94	68.33	4.62	-5.77	23.03
EBIT, 2 Yr. CAGR %	-1.77	78.71	3.68	-6.27	24.56
Earnings From Cont. Operations, 2 Yr. CAGR %	0.83	21.39	23.98	-0.49	34.83
Net Income, 2 Yr. CAGR %	-2.83	6.74	27.65	-2.18	21.83
Normalized Net Income, 2 Yr. CAGR %	-7.96	41.24	-11.16	-24.42	-8.88
Diluted EPS Before Extra, 2 Yr. CAGR %	-3	6.56	27.54	-2.01	22.1
Accounts Receivable, 2 Yr. CAGR %	12.2	22.59	30.65	18.46	5.72
Inventory, 2 Yr. CAGR %	-1.52	6.16	59.21	38.3	-7.17
Net Property, Plant and Equip., 2 Yr. CAGR %	6.27	6.9	12.1	14.67	2.92
Total Assets, 2 Yr. CAGR %	6.3	11.4	27.06	23.78	6.43
Tangible Book Value, 2 Yr. CAGR %	18.88	22.67	-24.65	-32.41	-10.08
Common Equity, 2 Yr. CAGR %	12.26	20.82	7.78	-0.75	-3.07
Cash From Operations, 2 Yr. CAGR %	-14.69	30.51	71.84	16.56	12.57
Capital Expenditures, 2 Yr. CAGR %	-15.12	55.67	74.72	11.54	-21.82
Levered Free Cash Flow, 2 Yr. CAGR %	48.51	29.23	17.27	-2.78	-25.06
Unlevered Free Cash Flow, 2 Yr. CAGR %	77.15	-5.95	10.24	-36.21	-40.43
Dividend Per Share, 2 Yr. CAGR %	46.17	7.54	9.02	8.24	7.51
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.83	15.74	35.2	34.05	20.73
Gross Profit, 3 Yr. CAGR %	5.16	14.45	33.55	26.68	19.36
EBITDA, 3 Yr. CAGR %	-1.12	11.47	20.03	18.01	4.96
EBITA, 3 Yr. CAGR %	1.51	17.4	22.18	14.72	-0.87
EBIT, 3 Yr. CAGR %	3.32	18.76	25.51	15.12	-1.34
Earnings From Cont. Operations, 3 Yr. CAGR %	2.76	15.66	14.16	14.66	22.44
Net Income, 3 Yr. CAGR %	0.41	7.84	11.81	8.32	22.11
Normalized Net Income, 3 Yr. CAGR %	11.09	7.54	2.42	-5.76	-23.53
Diluted EPS Before Extra, 3 Yr. CAGR %	1	7.66	11.67	8.39	22.28
Accounts Receivable, 3 Yr. CAGR %	15.05	14.18	29.43	18.41	17.26
Inventory, 3 Yr. CAGR %	9.8	3.55	35.61	29.88	24.01
Net Property, Plant and Equip., 3 Yr. CAGR %	7.32	5.51	11.36	11	8.57
Total Assets, 3 Yr. CAGR %	9.48	9.21	20.24	20.87	16.63
Tangible Book Value, 3 Yr. CAGR %	14.45	16.85	-8.87	-19.79	-25.92
Common Equity, 3 Yr. CAGR %	9.44	12.61	14.39	3.72	-1.24
Cash From Operations, 3 Yr. CAGR %	-3.4	27.92	20.55	57.42	9.23
Capital Expenditures, 3 Yr. CAGR %	13.73	18.58	47.29	42.29	-6.94
Levered Free Cash Flow, 3 Yr. CAGR %	-12.77	17.07	46.53	-11.63	9.73
Unlevered Free Cash Flow, 3 Yr. CAGR %	-21.87	27.1	17.82	-35.57	-4.28
Dividend Per Share, 3 Yr. CAGR %	5.52	32.81	7.82	8.71	7.8
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.82	9.19	17.65	21.53	24.2
Gross Profit, 5 Yr. CAGR %	6.57	8.25	16.42	18.68	23.31
EBITDA, 5 Yr. CAGR %	-0.3	6.15	3.65	9.32	18.25
EBITA, 5 Yr. CAGR %	1.82	11.47	2.11	7.52	22.52
EBIT, 5 Yr. CAGR %	2.05	13.49	3.46	8.03	25.13
Earnings From Cont. Operations, 5 Yr. CAGR %	1.57	19.64	10.77	8.91	22.02
Net Income, 5 Yr. CAGR %	-1.16	14.91	10.52	3.71	15.71
Normalized Net Income, 5 Yr. CAGR %	7.01	23.22	1.62	-6.61	-2.26
Diluted EPS Before Extra, 5 Yr. CAGR %	-0.31	16.29	10.88	3.68	15.73
Accounts Receivable, 5 Yr. CAGR %	8.93	9.82	21.04	15.87	19.36
Inventory, 5 Yr. CAGR %	9.11	11.04	27.39	16.26	16.53
Net Property, Plant and Equip., 5 Yr. CAGR %	0.79	5.64	9.21	9.09	7.9
Total Assets, 5 Yr. CAGR %	2.4	5.67	16.2	14.82	14.51
Tangible Book Value, 5 Yr. CAGR %	10.99	16.45	-3.17	-6.12	-9.36
Common Equity, 5 Yr. CAGR %	2.39	5.37	8.77	7.06	7.06
Cash From Operations, 5 Yr. CAGR %	-6.99	27.4	21.67	23.25	17.29
Capital Expenditures, 5 Yr. CAGR %	3.72	23.35	35.03	15.72	14.33
Levered Free Cash Flow, 5 Yr. CAGR %	89.35	-8.78	-1.88	8.69	17.15
Unlevered Free Cash Flow, 5 Yr. CAGR %	25.24	-9.36	-10.41	-3.53	-4.95
Dividend Per Share, 5 Yr. CAGR %	7.42	8.49	6.91	22.38	7.7