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Acea SpA ACE.MI · EUR

Utilities · Borsa Italiana · 🇮🇹 Italy

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21.64

+0.28%

Close of 9 Nov 2026, in EUR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in EUR, from our data supplier.

FY2025

Revenue

€2.70bn

FY2016FY2025

Net income

€480.6m

FY2016FY2025

Free cash flow

€118.0m

FY2016FY2025

Shareholders' equity

€2.78bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue€2.70bn€4.27bn€4.53bn€5.03bn€3.84bn€3.22bn€3.04bn€2.85bn€2.68bn€2.73bn
Operating income€434.4m€702.7m€612.3m€565.9m€581.1m€535.0m€518.1m€478.6m€359.9m€525.9m
Net income€480.6m€331.6m€293.9m€279.7m€313.3m€284.9m€283.7m€271.0m€180.7m€262.3m
Diluted earnings per share2.231.561.381.321.471.341.331.280.851.23

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets€12.82bn€12.23bn€11.79bn€11.34bn€10.63bn€9.67bn€8.95bn€8.16bn€7.34bn€6.90bn
Cash and short-term investments€626.5m€514.5m€362.0m€562.6m€683.1m€642.2m€835.7m€1.07bn€918.3m€796.8m
Total liabilities€9.65bn€9.35bn€8.96bn€8.58bn€8.11bn€7.35bn€6.85bn€6.25bn€5.53bn€5.15bn
Debt€5.55bn€5.65bn€5.69bn€5.34bn€5.08bn€4.57bn€4.23bn€3.78bn€3.38bn€2.95bn
Shareholders' equity€2.78bn€2.51bn€2.38bn€2.29bn€2.12bn€1.96bn€1.85bn€1.73bn€1.72bn€1.67bn
Shares outstanding216m213m213m213m213m213m213m213m213m213m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations€1.65bn€1.73bn€1.11bn€726.7m€759.5m€826.7m€769.6m€724.7m€440.2m€645.7m
Capital spending−€1.53bn−€1.44bn−€1.14bn−€1.05bn−€981.3m−€907.0m−€792.8m−€616.9m−€514.0m−€567.4m
Free cash flow€118.0m€292.9m−€31.8m−€323.6m−€221.7m−€80.2m−€23.2m€107.8m−€73.8m€78.3m
Dividends paid−€159.5m−€149.4m−€145.2m−€146.2m−€96.7m−€93.2m−€73.8m−€137.4m−€136.1m−€110.7m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue€753.6m€691.2m€756.7m€571.2m€359.0m€1.10bn€1.16bn€1.12bn
Operating income€426.4m€119.4m€343.0m€97.7m€188.6m€189.0m€140.8m€216.7m
Net income€343.7m€110.7m€65.4m€188.6m€128.6m€98.0m€46.6m€113.3m
Diluted earnings per share1.610.520.300.870.600.450.220.53
Cash from operations€213.0m€232.0m€782.0m€436.0m€331.0m€128.0m€871.0m€315.0m
Capital spending−€361.0m−€301.0m−€587.0m−€343.0m−€338.0m−€262.0m−€486.0m−€384.0m
Free cash flow−€148.0m−€69.0m€195.0m€93.0m−€7.0m−€134.0m€385.0m−€69.0m
Total assets€12.73bn€12.97bn€12.82bn€12.75bn€12.48bn€12.26bn€12.23bn€12.13bn
Cash and short-term investments€551.6m€573.2m€697.3m€673.4m€334.0m€490.8m€514.5m€500.1m
Debt€1.50bn€5.65bn€5.66bn€5.76bn€5.72bn€5.61bn€5.65bn€5.73bn
Shareholders' equity€2.98bn€2.89bn€2.78bn€2.71bn€2.53bn€2.61bn€2.51bn€2.46bn

Financial ratios

Data as of 17 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin16.1%16.7%13.9%11.7%15.3%16.9%
Net margin17.8%7.8%6.5%5.6%8.2%8.8%
Return on equity17.3%13.2%12.4%12.2%14.8%14.5%
Return on assets3.7%2.7%2.5%2.5%2.9%2.9%
Free cash flow yield73.7%74.5%53.0%41.8%40.9%40.7%
Revenue growth-36.7%-5.8%-9.8%30.9%19.1%5.9%
Earnings growth44.9%12.8%5.1%-10.7%10.0%0.4%
Current ratio0.69x0.74x0.77x0.74x0.98x0.81x
Debt to equity2.00x2.23x2.36x2.24x2.37x2.30x
Equity ratio21.7%20.5%20.2%20.2%20.0%20.3%
Interest coverage2.63x4.56x4.09x6.80x6.46x6.01x
Buybacks as a share of market value-1.5%0.0%0.0%0.0%-0.0%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-18.7%-3.5%-0.4%
Operating income-8.4%-4.1%1.2%
Net income19.8%11.0%10.6%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin16.3%14.0%14.5%15.1%
Net margin11.6%8.4%8.4%8.4%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings9.912.010.09.812.712.813.89.418.19.4
Price to sales1.80.90.70.61.01.11.30.91.20.9

Dividends and splits

Per share, in the currency the company pays

Paid for 15 years. Last went ex-dividend on 22 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year1.200.950.880.850.850.800.780.05
  • 1-to-1 reverse split · 19 Sept 2001

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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