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Acerinox ACX.MC · EUR

Materials · BME · 🇪🇸 Spain

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15.30

+2.41%

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

€5.78bn

FY2016FY2025

Net income

−€40.1m

FY2016FY2025

Free cash flow

€150.9m

FY2016FY2025

Shareholders' equity

€2.06bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue€5.78bn€5.41bn€6.61bn€8.69bn€6.71bn€4.67bn€4.75bn€5.01bn€4.63bn€3.97bn
Research and development€25.5m€19.3m€18.3m€17.7m€16.1m€18.2m€12.0m€9.5m€13.6m€15.6m
Operating income€202.2m€348.1m€374.2m€875.8m€809.7m€163.1m€57.7m€312.1m€318.0m€157.4m
Net income−€40.1m€224.9m€228.1m€556.1m€571.9m€49.0m−€59.5m€237.1m€234.1m€80.3m
Diluted earnings per share-0.160.900.922.232.110.18-0.210.860.850.29

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets€5.69bn€6.47bn€6.10bn€6.32bn€5.98bn€4.73bn€4.40bn€4.61bn€4.40bn€4.46bn
Cash and short-term investments€974.0m€1.35bn€1.80bn€1.56bn€1.29bn€939.8m€884.0m€857.9m€643.6m€625.6m
Total liabilities€3.57bn€3.89bn€3.64bn€3.77bn€3.77bn€3.12bn€2.47bn€2.49bn€2.43bn€2.29bn
Debt€2.16bn€2.38bn€2.13bn€1.99bn€1.85bn€1.69bn€1.37bn€1.40bn€1.23bn€1.22bn
Shareholders' equity€2.06bn€2.53bn€2.41bn€2.47bn€2.16bn€1.57bn€1.87bn€2.06bn€1.90bn€2.08bn
Shares outstanding249m249m249m249m271m271m279m276m276m276m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations€455.8m€293.7m€481.5m€544.1m€387.8m€420.5m€358.7m€326.4m€365.9m€268.8m
Capital spending−€305.0m−€204.8m−€174.9m−€136.7m−€102.1m−€101.4m−€145.7m−€146.1m−€185.6m−€163.0m
Free cash flow€150.9m€88.9m€306.6m€407.4m€285.7m€319.1m€213.1m€180.3m€180.3m€105.8m
Dividends paid−€154.6m−€154.5m−€149.6m−€129.8m−€135.2m−€108.2m−€81.1m−€124.2m−€124.2m−€26.7m

Financial ratios

Data as of 24 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin2.6%8.3%6.9%10.4%12.2%4.8%
Net margin-0.7%4.2%3.5%6.4%8.5%1.1%
Return on equity-1.9%8.9%9.5%22.5%26.5%3.1%
Return on assets-0.7%3.5%3.7%8.8%9.6%1.0%
Free cash flow yield18.3%12.0%15.8%16.4%10.8%11.6%
Revenue growth6.8%-18.1%-23.9%29.6%43.6%-1.8%
Earnings growth-117.8%-1.4%-59.0%-2.8%1065.9%-182.4%
Current ratio1.89x2.16x2.27x2.27x1.99x2.06x
Debt to equity1.05x0.94x0.89x0.80x0.86x1.07x
Equity ratio36.3%39.1%39.5%39.2%36.0%33.2%
Interest coverage1.54x4.05x4.35x13.19x16.45x4.55x
R&D as a share of sales0.4%0.4%0.3%0.2%0.2%0.4%
Buybacks as a share of market value-0.0%0.0%0.0%8.1%-0.2%2.9%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-12.7%4.4%3.2%
Operating income-38.7%4.4%5.3%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin4.9%6.8%7.3%6.2%
Net margin1.7%3.7%4.2%3.5%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings-78.510.511.64.15.449.9-46.59.713.038.6
Price to sales0.50.40.40.30.50.50.60.50.70.8

Dividends and splits

Per share, in the currency the company pays

Paid for 36 years. Last went ex-dividend on 15 Jul 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.310.620.940.610.301.000.500.20
  • 4-for-1 split · 26 Jul 2004
  • 1-to-1 reverse split · 12 Apr 1999
  • 5-for-1 split · 6 Jul 1998
  • 11-for-10 split · 17 Aug 1995
  • 11-for-10 split · 8 Jul 1989

Sources and methodology

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

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