REN Redes Energeticas Nacionais SGPS RENE.LS · EUR
Utilities · Euronext Lisbon · 🇵🇹 Portugal
3.68
+1.38%
Close of 9 Nov 2026, in EUR
Search any instrument
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.
Revenue
€1.02bn
FY2016FY2025
Net income
€159.8m
FY2016FY2025
Free cash flow
—
FY2016FY2025
Shareholders' equity
€1.52bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €1.02bn | €951.5m | €947.9m | €763.3m | €781.1m | €705.3m | €730.4m | €669.8m | €698.2m | €700.5m |
| Gross profit | €657.6m | €642.7m | €662.0m | €591.9m | €566.8m | €560.7m | €567.3m | €569.0m | €564.2m | €547.4m |
| Operating income | €240.5m | €235.0m | €254.3m | €229.2m | €219.5m | €221.3m | €243.4m | €252.4m | €261.3m | €260.7m |
| Net income | €159.8m | €152.5m | €149.2m | €111.8m | €97.2m | €109.2m | €118.9m | €115.7m | €125.9m | €100.2m |
| Diluted earnings per share | 0.24 | 0.23 | 0.22 | 0.17 | 0.15 | 0.16 | 0.18 | 0.17 | 0.19 | 0.15 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €5.38bn | €5.36bn | €5.78bn | €6.45bn | €5.59bn | €5.25bn | €5.31bn | €5.19bn | €5.36bn | €4.55bn |
| Total liabilities | €3.86bn | €3.80bn | €4.27bn | €4.93bn | €4.18bn | €3.84bn | €3.86bn | €3.73bn | €3.94bn | €3.39bn |
| Debt | €1.53bn | €2.51bn | €2.71bn | €2.32bn | €2.75bn | €2.81bn | €2.84bn | €2.68bn | €2.79bn | €2.49bn |
| Shareholders' equity | €1.52bn | €1.55bn | €1.51bn | €1.52bn | €1.41bn | €1.41bn | €1.45bn | €1.46bn | €1.43bn | €1.16bn |
| Shares outstanding | 663m | 663m | 663m | 663m | 663m | 663m | 663m | 663m | 663m | 663m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | — | — | — | — | €700.0m | €376.3m | €344.2m | €395.4m | €479.1m | €314.7m |
| Capital spending | −€383.5m | −€299.3m | −€249.7m | −€207.8m | −€4.8m | −€14.0m | −€5.3m | −€156,000 | −€285,000 | −€153.9m |
| Free cash flow | — | — | — | — | €695.2m | €362.3m | €338.9m | €395.3m | €478.8m | €160.8m |
| Dividends paid | −€104.1m | −€102.2m | −€102.2m | −€144.6m | −€113.4m | −€113.4m | −€113.4m | −€113.4m | −€90.7m | −€90.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €299.1m | €216.7m | €306.0m | €266.9m | €242.7m | €219.1m | €328.0m | €239.8m |
| Gross profit | €181.3m | €181.8m | €175.1m | €159.2m | €169.9m | €163.3m | €156.0m | €173.2m |
| Operating income | €67.2m | €73.4m | €64.3m | €55.3m | €62.4m | €58.5m | €50.1m | €63.0m |
| Net income | €57.2m | €36.2m | €55.9m | €38.2m | €51.3m | €14.4m | €68.3m | €35.6m |
| Diluted earnings per share | 0.09 | 0.05 | 0.08 | 0.06 | 0.08 | 0.02 | 0.10 | 0.05 |
| Capital spending | −€106.0m | −€55.0m | −€69.0m | −€163.0m | −€46.0m | −€104.0m | −€87.0m | −€60.0m |
| Total assets | €5.40bn | €5.43bn | €5.38bn | €5.24bn | €5.18bn | €5.25bn | €5.36bn | €5.26bn |
| Debt | €1.89bn | €1.77bn | €1.53bn | €1.47bn | €1.47bn | €1.62bn | €1.61bn | €1.53bn |
| Shareholders' equity | €1.56bn | €1.56bn | €1.52bn | €1.51bn | €1.48bn | €1.57bn | €1.55bn | €1.48bn |
Financial ratios
Data as of 27 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 64.5% | 67.5% | 69.8% | 77.5% | 72.6% | 79.5% |
| Operating margin | 26.1% | 28.5% | 30.2% | 26.5% | 25.0% | 28.7% |
| Net margin | 15.7% | 16.0% | 15.7% | 14.6% | 12.4% | 15.5% |
| Return on equity | 10.5% | 9.8% | 9.9% | 7.4% | 6.9% | 7.8% |
| Return on assets | 3.0% | 2.8% | 2.6% | 1.7% | 1.7% | 2.1% |
| Revenue growth | 7.2% | 0.4% | 24.2% | -2.3% | 10.7% | -3.4% |
| Earnings growth | 4.8% | 2.2% | 33.5% | 15.0% | -11.1% | -8.1% |
| Current ratio | 0.24x | 0.38x | 0.68x | 0.68x | 0.82x | 0.55x |
| Debt to equity | 1.00x | 1.04x | 1.34x | 1.12x | 1.69x | 1.60x |
| Equity ratio | 28.3% | 29.0% | 26.2% | 23.5% | 25.2% | 26.8% |
| Interest coverage | 4.33x | 3.34x | 4.34x | 4.11x | 4.26x | 3.58x |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 10.1% | 7.6% | 2.7% |
| Operating income | 1.6% | 1.7% | -0.1% |
| Net income | 12.7% | 7.9% | 3.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 66.0% | 69.4% | 71.2% | 73.7% |
| Operating margin | 24.1% | 26.0% | 27.1% | 30.4% |
| Net margin | 15.8% | 15.6% | 15.1% | 15.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 13.3 | 9.9 | 10.3 | 15.0 | 17.4 | 14.4 | 15.2 | 13.9 | 13.1 | 16.8 |
| Price to sales | 2.1 | 1.6 | 1.6 | 2.2 | 2.2 | 2.2 | 2.5 | 2.4 | 2.4 | 2.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 18 years. Last went ex-dividend on 8 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.096 | 0.157 | 0.154 | 0.218 | 0.218 | 0.171 | 0.171 | 0.171 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.