Hellenic Telecommunications Organization HTO.AT · EUR
Communication Services · Athens · 🇬🇷 Greece
18.70
-0.43%
Close of 9 Nov 2026, in EUR
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At a glance
Figures in EUR, from our data supplier.
Revenue
€3.46bn
FY2016FY2025
Net income
€501.1m
FY2016FY2025
Free cash flow
€566.4m
FY2016FY2025
Shareholders' equity
€2.11bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €3.46bn | €3.33bn | €3.47bn | €3.46bn | €3.37bn | €3.26bn | €3.91bn | €3.80bn | €3.80bn | €3.91bn |
| Operating income | €821.0m | €815.9m | €715.6m | €590.5m | €811.9m | €328.8m | €593.8m | €439.4m | €471.6m | €392.7m |
| Net income | €501.1m | €478.8m | €531.7m | €388.6m | €557.6m | €359.9m | €205.1m | €175.0m | €67.2m | €140.0m |
| Diluted earnings per share | 1.24 | 1.15 | 1.26 | 0.91 | 1.25 | 0.78 | 0.44 | 0.36 | 0.14 | 0.28 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €5.04bn | €5.00bn | €4.94bn | €5.00bn | €5.22bn | €5.87bn | €6.36bn | €6.70bn | €7.10bn | €7.57bn |
| Cash and short-term investments | — | — | — | €594.9m | €636.3m | €521.6m | — | — | — | — |
| Total liabilities | €2.93bn | €3.03bn | €2.99bn | €3.15bn | €3.24bn | €3.73bn | €4.17bn | €4.13bn | €4.51bn | €4.92bn |
| Debt | €1.06bn | €1.10bn | €1.09bn | €1.31bn | €1.41bn | €1.56bn | €2.11bn | €1.83bn | €2.04bn | €2.13bn |
| Shareholders' equity | €2.11bn | €1.96bn | €1.94bn | €1.85bn | €1.97bn | €2.00bn | €2.05bn | €2.33bn | €2.34bn | €2.36bn |
| Shares outstanding | 405m | 415m | 424m | 429m | 447m | 459m | 471m | 480m | 489m | 492m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | €1.18bn | €1.10bn | €1.20bn | €1.32bn | €1.22bn | €1.25bn | €1.15bn | €995.5m | €800.6m | €1.03bn |
| Capital spending | −€611.6m | −€562.5m | −€621.4m | −€639.5m | −€586.0m | −€667.8m | −€546.7m | −€719.9m | −€904.2m | −€653.0m |
| Free cash flow | €566.4m | €539.7m | €573.7m | €677.7m | €638.2m | €580.1m | €606.1m | €275.6m | −€103.6m | €372.1m |
| Dividends paid | −€337.6m | −€296.9m | −€249.9m | −€249.9m | −€312.8m | −€257.9m | −€220.2m | −€171.1m | −€78.1m | −€48.9m |
Latest quarters
By quarter end
| Jun 2026 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €855.8m | €874.0m | €855.1m | €878.8m | €1.10bn | €832.5m | €910.7m | €877.6m |
| Operating income | €203.3m | €223.5m | €191.9m | €186.2m | €87.9m | €254.4m | €171.1m | €182.2m |
| Net income | €145.0m | €257.5m | €81.0m | €148.9m | €64.5m | €153.6m | €125.9m | €134.8m |
| Diluted earnings per share | 0.36 | 0.64 | 0.20 | 0.37 | 0.16 | 0.37 | 0.30 | 0.32 |
| Cash from operations | €317.0m | €240.0m | €347.0m | €235.0m | €283.0m | €268.0m | €289.0m | €260.0m |
| Capital spending | −€156.0m | −€149.0m | −€169.0m | −€125.0m | −€195.0m | −€152.0m | −€156.0m | −€117.0m |
| Free cash flow | €161.0m | €91.0m | €178.0m | €110.0m | €88.0m | €116.0m | €133.0m | €143.0m |
| Total assets | €5.44bn | €5.12bn | €5.24bn | €5.16bn | €5.00bn | €5.05bn | €5.31bn | €5.09bn |
| Cash and short-term investments | — | — | — | — | — | €469.3m | — | — |
| Debt | €350.0m | €350.0m | €849.0m | €848.8m | €848.5m | €1.07bn | €848.1m | €847.9m |
| Shareholders' equity | €1.98bn | €2.05bn | €1.84bn | €2.10bn | €1.96bn | €1.97bn | €1.85bn | €2.06bn |
Financial ratios
Data as of 11 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 23.7% | 23.5% | 21.1% | 18.2% | 20.4% | 19.0% | — | — |
| Net margin | 14.5% | 14.4% | 15.3% | 11.2% | 16.6% | 11.0% | — | — |
| Return on equity | 23.7% | 24.4% | 27.4% | 21.0% | 28.3% | 18.0% | — | — |
| Return on assets | 9.9% | 9.6% | 10.8% | 7.8% | 10.7% | 6.1% | — | — |
| Free cash flow yield | — | 20.7% | 22.2% | 23.6% | 20.9% | — | 18.6% | 18.5% |
| Revenue growth | 3.9% | -3.9% | 0.4% | 2.6% | 3.4% | -16.6% | — | — |
| Earnings growth | 4.7% | -9.9% | 36.8% | -30.3% | 54.9% | 75.5% | — | — |
| Current ratio | 0.65x | 0.77x | 0.75x | 0.72x | 0.72x | 0.85x | — | — |
| Debt to equity | 0.17x | 0.43x | 0.44x | 0.56x | 0.38x | 0.59x | — | — |
| Equity ratio | 41.9% | 39.3% | 39.4% | 37.0% | 37.8% | 34.0% | — | — |
| Interest coverage | — | 21.04x | 21.70x | 15.79x | 15.31x | 11.01x | 6.29x | — |
| Buybacks as a share of market value | — | 2.1% | 1.2% | 4.0% | 5.2% | — | 1.9% | 1.8% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 0.1% | 1.2% | -1.2% |
| Operating income | 11.6% | 20.1% | 6.4% |
| Net income | 8.8% | 6.8% | 12.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 24.1% | 21.4% | 20.1% | 16.2% |
| Net margin | 14.4% | 13.8% | 13.8% | 9.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 13.6 | 12.9 | 10.3 | 16.1 | 13.0 | 34.7 | 83.7 | 31.4 | 29.9 | 16.8 |
| Price to sales | 2.0 | 1.9 | 1.6 | 1.8 | 2.2 | 1.6 | 1.5 | 1.1 | 1.2 | 1.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 11 years. Last went ex-dividend on 22 Dec 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.824 | 1.482 | 0.589 | 0.571 | 0.94 | 0.555 | 0.524 | 0.353 |
- 10-for-9 split · 18 Jun 1998
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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