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T

Tecnicas Reunidas TRE.MC · EUR

Energy · BME · 🇪🇸 Spain

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30.88

+5.18%

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

€6.47bn

FY2016FY2025

Net income

€156.7m

FY2016FY2025

Free cash flow

€126.0m

FY2016FY2025

Shareholders' equity

€553.9m

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue€6.47bn€4.45bn€4.14bn€4.23bn€2.81bn€3.52bn€4.70bn€4.40bn€5.07bn€4.79bn
Research and development——€10.5m€7.2m€7.1m€2.8m€2.7m€3.1m€3.1m€2.8m
Operating income€291.0m€181.2m€156.6m€8.7m−€153.2m€41.5m€130.5m€42.1m€137.8m€226.2m
Net income€156.7m€89.9m€61.0m−€37.1m−€190.4m€11.0m−€10.0m€12.0m€39.5m€128.9m
Diluted earnings per share2.011.150.78-0.63-3.550.21-0.190.220.742.40

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets€5.88bn€4.63bn€4.50bn€4.82bn€3.88bn€3.94bn€4.28bn€3.72bn€3.89bn€3.60bn
Cash and short-term investments€1.14bn€1.02bn€1.03bn€970.2m€676.6m€931.7m€952.9m€746.5m€638.4m€752.9m
Total liabilities€5.32bn€4.23bn€4.18bn€4.73bn€3.78bn€3.65bn€3.95bn€3.37bn€3.42bn€3.16bn
Debt€903.9m€888.6m€906.5m€1.03bn€784.3m€757.3m€625.2m€487.9m€384.4m€240.1m
Shareholders' equity€553.9m€389.1m€313.7m€70.8m€95.1m€272.7m€317.3m€345.0m€445.1m€437.7m
Shares outstanding78m78m78m59m54m54m54m54m54m54m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations€141.6m€83.1m€83.2m€84.0m−€267.2m−€116.6m€151.2m€107.7m−€169.4m€59.1m
Capital spending−€15.6m−€7.3m−€14.0m−€2.8m−€3.0m−€4.0m−€13.9m−€6.0m−€13.9m−€16.7m
Free cash flow€126.0m€75.8m€69.2m€81.2m−€270.1m−€120.6m€137.3m€101.7m−€183.3m€42.4m
Dividends paid−€30.5m−€26.4m——−€18.3m−€94,000−€96,000−€57.2m−€75.0m−€75.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue€1.48bn€1.58bn€1.87bn€1.86bn€1.43bn€1.31bn€1.22bn€1.12bn
Operating income€28.2m€76.0m€86.5m€84.1m€64.0m€56.4m€54.6m€47.2m
Net income€44.3m€14.9m€49.7m€48.7m€31.0m€27.2m€24.2m€23.7m
Diluted earnings per share0.570.190.640.620.400.350.310.30
Total assets€6.44bn€6.42bn€5.88bn€5.75bn€5.26bn€4.73bn€4.63bn€4.46bn
Cash and short-term investments€1.38bn€1.30bn€1.14bn€1.21bn€1.12bn€1.06bn€1.02bn€950.0m
Debt€1.06bn€942.9m€877.7m€960.2m€894.7m€635.0m€822.0m€651.6m
Shareholders' equity€612.3m€581.7m€553.9m€512.0m€467.7m€615.4m€389.1m€553.1m

Financial ratios

Data as of 26 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating margin4.3%4.2%3.9%0.5%-5.5%2.6%——
Net margin2.4%2.0%1.5%-0.9%-6.8%0.3%——
Return on equity28.3%23.1%19.4%-52.5%-200.3%4.1%——
Return on assets2.7%1.9%1.4%-0.8%-4.9%0.3%——
Free cash flow yield7.7%4.4%4.8%5.7%-18.9%-8.0%——
Revenue growth45.3%7.6%-2.3%50.8%-20.3%-25.1%——
Earnings growth74.2%47.6%-264.1%-80.5%-1823.6%-210.5%——
Current ratio1.19x1.14x1.13x1.11x1.04x1.05x——
Debt to equity1.63x2.11x2.81x14.05x7.95x2.76x——
Equity ratio9.4%8.4%7.0%1.5%2.4%6.9%——
Interest coverage4.71x3.01x2.78x0.53x-6.01x1.29x——
R&D as a share of sales——0.3%0.2%0.3%0.1%0.1%0.1%
Buybacks as a share of market value0.2%-0.0%-33.3%-9.2%0.0%0.0%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue15.2%12.9%4.4%
Operating income221.7%47.7%13.0%
Net income—70.0%10.2%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin4.3%3.3%2.1%2.4%
Net margin2.3%1.4%0.4%0.7%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings13.89.810.7-13.2-1.848.2-117.287.732.914.9
Price to sales0.30.20.20.10.10.10.30.20.30.4

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 11 Jul 2018.

FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011
Paid in the year0.2631.3961.3961.3961.3961.3961.3551.347

Sources and methodology

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

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