GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
S

Snam SpA SRG.MI · EUR

Utilities · Gas Utilities · Borsa Italiana · 🇮🇹 Italy

Compare

6.16

-0.65%

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.

FY2025

Revenue

€3.88bn

FY2016FY2025

Net income

€1.27bn

FY2016FY2025

Free cash flow

−€21.0m

FY2016FY2025

Shareholders' equity

€9.24bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue€3.88bn€3.57bn€4.29bn€3.50bn€3.29bn€2.75bn€2.63bn€2.56bn€2.49bn€2.49bn
Operating income€1.81bn€2.01bn€1.27bn€1.34bn€1.41bn€1.37bn€1.45bn€1.38bn€1.33bn€1.56bn
Net income€1.27bn€1.26bn€1.14bn€671.0m€1.50bn€1.10bn€1.09bn€960.0m€897.0m€861.0m
Diluted earnings per share0.380.380.340.200.450.330.320.280.260.25

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets€37.00bn€35.79bn€33.52bn€32.47bn€27.36bn€26.13bn€24.48bn€22.99bn€22.20bn€20.13bn
Cash and short-term investments€1.64bn€1.81bn€1.38bn€1.76bn€1.34bn€3.04bn€2.85bn€1.87bn€719.0m€34.0m
Total liabilities€27.72bn€26.82bn€25.84bn€24.95bn€20.12bn€19.66bn€18.23bn€17.00bn€16.01bn€13.63bn
Debt€15.26bn€18.36bn€16.65bn€13.68bn€15.36bn€15.94bn€14.77bn€13.42bn€12.62bn€11.09bn
Shareholders' equity€9.24bn€8.93bn€7.63bn€7.47bn€7.20bn€6.47bn€6.25bn€5.99bn€6.19bn€6.50bn
Shares outstanding3,354m3,354m3,355m3,353m3,357m3,336m3,388m3,415m3,498m3,471m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations€2.69bn€1.81bn−€135.0m€4.11bn€1.34bn€1.60bn€1.49bn€1.83bn€1.86bn€1.63bn
Capital spending−€2.71bn−€2.81bn−€1.54bn−€1.32bn−€1.24bn−€1.17bn−€954.0m−€849.0m−€1.02bn−€1.15bn
Free cash flow−€21.0m−€1.00bn−€1.68bn€2.79bn€94.0m€431.0m€532.0m€977.0m€848.0m€482.0m
Dividends paid−€974.0m−€946.0m−€933.0m−€866.0m−€811.0m−€779.0m−€746.0m−€731.0m−€718.0m−€875.0m

Financial ratios

Data as of 27 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2010FY2004
Operating margin46.8%47.7%33.4%38.3%42.9%49.7%——
Net margin33.0%35.5%26.7%19.2%45.5%40.0%——
Return on equity13.7%14.1%14.9%9.0%20.8%17.0%——
Return on assets3.4%3.5%3.4%2.1%5.5%4.2%——
Free cash flow yield28.8%24.7%7.5%29.2%13.8%14.8%——
Revenue growth8.6%-16.4%21.4%6.4%19.3%4.5%——
Earnings growth0.9%10.9%69.2%-55.1%35.9%1.0%——
Current ratio0.72x0.83x0.73x0.85x0.64x0.64x——
Debt to equity2.11x2.05x2.18x1.83x2.13x2.46x——
Equity ratio25.0%24.9%22.8%23.0%26.3%24.8%——
Interest coverage3.99x3.34x4.81x8.12x10.93x8.14x——
R&D as a share of sales——————0.1%0.1%
Buybacks as a share of market value-0.1%0.0%-0.7%0.7%-0.6%1.5%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue3.6%7.1%-0.1%
Operating income10.6%5.8%-0.7%
Net income23.7%2.9%0.3%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin51.3%42.2%43.3%47.7%
Net margin33.9%28.5%32.6%33.9%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings14.911.413.822.611.913.914.613.615.915.8
Price to sales4.94.03.64.35.45.66.05.15.75.5

Dividends and splits

Per share, in the currency the company pays

Paid for 24 years. Last went ex-dividend on 22 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.1810.1210.2910.4470.2670.2550.2420.231
  • 1-to-1 reverse split · 6 Dec 2001

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.