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C

Construcciones y Auxiliar de Ferrocarriles CAF.MC · EUR

Industrials · BME · 🇪🇸 Spain

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77.50

+1.97%

Close of 9 Nov 2026, in EUR

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At a glance

Figures in EUR, from our data supplier.

FY2025

Revenue

€4.49bn

FY2016FY2025

Net income

€146.3m

FY2016FY2025

Free cash flow

€48.6m

FY2016FY2025

Shareholders' equity

€980.5m

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue€4.49bn€4.21bn€3.83bn€3.17bn€2.94bn€2.76bn€2.60bn€2.05bn€1.48bn€1.32bn
Gross profit€851.6m€738.5m€631.7m€540.8m€553.6m€462.2m€505.7m€481.0m€385.1m€271.5m
Research and development€50.2m€46.2m€45.7m€38.0m€34.0m€31.5m€29.9m€26.6m€21.9m€21.7m
Operating income€222.3m€216.1m€178.8m€189.9m€164.9m€100.9m€134.0m€200.7m€135.5m€171.0m
Net income€146.3m€103.3m€89.2m€52.2m€85.9m€9.0m€24.7m€43.5m€42.4m€35.0m
Diluted earnings per share4.273.032.601.522.510.260.721.271.241.02

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets€5.53bn€5.22bn€5.05bn€4.91bn€4.27bn€4.08bn€4.32bn€4.01bn€3.12bn€3.23bn
Cash and short-term investments€626.3m€598.7m€568.2m€611.3m€682.7m€675.9m€634.1m€697.1m€456.3m€486.5m
Total liabilities€4.55bn€4.32bn€4.18bn€4.13bn€3.53bn€3.43bn€3.58bn€3.25bn€2.36bn€2.45bn
Debt€814.5m€920.9m€911.6m€964.8m€1.03bn€1.06bn€1.17bn€1.02bn€668.8m€747.8m
Shareholders' equity€980.5m€882.2m€855.2m€775.9m€726.7m€633.0m€733.2m€751.7m€750.4m€772.0m
Shares outstanding34m34m34m34m34m34m34m34m34m34m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations€162.3m€184.8m€106.1m€111.0m€153.6m€177.2m€128.8m€389.3m€165.1m€335.4m
Capital spending−€113.6m−€86.1m−€78.9m−€77.5m−€44.6m−€49.3m−€72.3m−€90.6m−€51.3m−€27.0m
Free cash flow€48.6m€98.8m€27.2m€33.4m€109.0m€127.9m€56.5m€298.7m€113.8m€308.4m
Dividends paid−€45.9m−€41.5m−€29.5m−€36.2m−€29.1m−€821,000−€27.6m−€22.6m−€22.9m−€19.9m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue€2.53bn€1.16bn€2.31bn€986.9m€1.06bn€1.12bn€2.13bn€832.5m
Gross profit€460.1m€1.16bn€435.8m−€630.7m−€71.5m€1.12bn€358.7m−€593.8m
Operating income€150.4m€63.0m€131.8m−€23.2m€56.7m€57.0m€114.6m€35.4m
Net income€99.0m€40.0m€73.2m€26.9m€37.1m€36.0m€51.1m€8.8m
Diluted earnings per share2.891.172.140.791.081.051.500.26
Cash from operations€18.0m—€139.0m—€22.0m—€168.0m—
Capital spending−€47.0m—−€76.0m—−€36.0m—−€49.0m—
Free cash flow−€29.0m—€63.0m—−€14.0m—€119.0m—
Total assets€5.80bn—€5.53bn—€5.46bn—€5.22bn—
Cash and short-term investments€639.8m€626.3m€626.3m€562.7m€562.7m€598.7m€598.7m€496.9m
Debt€808.8m—€814.5m—€827.1m—€846.1m—
Shareholders' equity€1.03bn€987.8m€980.5m€921.0m€903.8m€896.3m€882.2m€868.4m

Financial ratios

Data as of 30 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin19.0%17.5%16.5%17.1%18.8%16.7%
Operating margin5.0%5.4%5.5%4.9%5.8%3.7%
Net margin3.3%2.5%2.3%1.6%2.9%0.3%
Return on equity14.9%11.7%10.4%6.7%11.8%1.4%
Return on assets2.6%2.0%1.8%1.1%2.0%0.2%
Free cash flow yield10.3%10.2%6.9%7.0%7.4%8.4%
Revenue growth6.5%10.1%20.8%7.6%6.5%6.3%
Earnings growth41.6%15.8%70.8%-39.3%853.4%-63.6%
Current ratio1.18x1.14x1.11x1.11x1.20x1.22x
Debt to equity0.83x0.96x0.98x1.15x1.34x1.58x
Equity ratio17.7%16.9%16.9%15.8%17.0%15.5%
Interest coverage5.24x4.35x3.04x2.46x3.96x2.12x
R&D as a share of sales1.1%1.1%1.2%1.2%1.2%1.1%
Buybacks as a share of market value-0.6%0.6%-0.0%0.1%0.0%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue12.3%10.2%13.3%
Operating income5.4%17.1%5.8%
Net income41.0%74.6%13.6%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin18.3%17.6%17.7%19.0%
Operating margin5.0%5.1%5.0%6.1%
Net margin2.9%2.5%2.3%2.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings13.811.512.517.414.6149.356.828.627.637.5
Price to sales0.50.30.30.30.40.50.50.60.81.0

Dividends and splits

Per share, in the currency the company pays

Paid for 5 years. Last went ex-dividend on 3 Jul 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year1.5211.3411.1110.8610.600.400.8420.765
  • 10-for-1 split · 30 Nov 2016
  • 1-to-1 reverse split · 2 Jan 2002

Sources and methodology

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

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