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E

ERG SpA ERG.MI · EUR

Utilities · Borsa Italiana · 🇮🇹 Italy

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23.12

+2.94%

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

€743.6m

FY2016FY2025

Net income

€65.0m

FY2016FY2025

Free cash flow

€231.9m

FY2016FY2025

Shareholders' equity

€1.98bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue€743.6m€732.5m€740.9m€713.8m€1.04bn€973.7m€1.02bn€1.02bn€1.05bn€1.03bn
Operating income€172.1m€251.5m€278.0m€251.3m€162.8m€123.4m€149.6m€208.3m€207.9m€201.2m
Net income€65.0m€187.1m€178.7m€378.9m€81.9m€107.9m€31.6m€132.6m€206.8m€122.5m
Diluted earnings per share0.451.281.212.530.550.720.210.891.390.85

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets€5.62bn€6.32bn€5.33bn€5.33bn€6.00bn€4.53bn€4.60bn€4.70bn€4.66bn€4.53bn
Cash and short-term investments€511.4m€1.06bn€709.3m€392.8m€1.44bn€740.4m€653.5m€774.2m€813.1m€507.3m
Total liabilities€3.64bn€4.09bn€3.19bn€3.28bn€4.44bn€2.76bn€2.82bn€2.87bn€2.78bn€2.80bn
Debt€2.59bn€3.09bn€2.34bn€2.28bn€3.52bn€2.20bn€2.23bn€2.20bn€2.08bn€2.09bn
Shareholders' equity€1.98bn€2.15bn€2.13bn€2.05bn€1.56bn€1.76bn€1.77bn€1.83bn€1.88bn€1.73bn
Shares outstanding145m146m147m150m149m149m149m149m149m144m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations€404.1m€484.2m€873.1m€429.8m€30.6m€410.7m€405.1m€296.8m€400.4m€381.9m
Capital spending−€172.3m−€233.9m−€305.8m−€347.5m−€272.7m−€111.8m−€68.5m−€63.8m−€60.5m−€59.5m
Free cash flow€231.9m€250.2m€567.3m€82.3m−€242.2m€299.0m€336.6m€232.9m€339.9m€322.3m
Dividends paid−€151.3m−€152.1m−€149.5m−€139.1m−€113.6m−€115.2m−€111.7m−€111.6m−€74.4m−€142.8m

Financial ratios

Data as of 23 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin27.2%28.6%37.1%35.2%30.4%15.7%
Net margin8.7%25.5%24.1%53.1%28.7%12.6%
Return on equity3.3%8.7%8.4%18.5%11.1%6.1%
Return on assets1.1%3.0%3.4%7.1%2.9%2.4%
Free cash flow yield17.0%22.5%36.9%30.9%13.8%16.0%
Revenue growth1.5%-1.1%3.8%18.7%-29.7%-16.2%
Earnings growth-65.3%4.7%-52.9%119.2%60.3%241.9%
Current ratio1.69x1.17x2.45x1.42x1.43x3.00x
Debt to equity1.21x1.34x1.02x1.04x2.19x1.21x
Equity ratio34.4%34.0%41.0%38.4%26.0%38.8%
Interest coverage2.18x2.74x4.67x5.82x3.50x1.56x
Buybacks as a share of market value0.3%0.6%1.6%-0.3%0.1%-0.3%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue1.4%-5.2%-2.1%
Operating income-11.9%6.9%1.6%
Net income-44.4%-9.6%12.2%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin28.7%32.5%25.1%21.6%
Net margin17.1%27.6%20.2%15.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings49.215.323.811.451.932.490.718.511.112.0
Price to sales4.33.95.76.14.13.62.82.42.21.4

Dividends and splits

Per share, in the currency the company pays

Paid for 18 years. Last went ex-dividend on 18 May 2026.

FY2026FY2025FY2024FY2022FY2021FY2020FY2019FY2018
Paid in the year1.001.001.001.900.750.750.750.75
  • 1-to-1 reverse split · 24 May 2001

Sources and methodology

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

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