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T

Terna Rete Elettrica Nazionale SpA TRN.MI · EUR

Utilities · Electric Utilities · Borsa Italiana · 🇮🇹 Italy

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9.80

+0.31%

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

€4.03bn

FY2016FY2025

Net income

€1.11bn

FY2016FY2025

Free cash flow

−€996.6m

FY2016FY2025

Shareholders' equity

—

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue€4.03bn€3.62bn€3.19bn€2.90bn€2.53bn€2.38bn€2.29bn€2.27bn€2.18bn€2.03bn
Operating income€1.79bn€1.68bn€1.36bn€1.27bn€1.13bn€1.07bn€1.10bn€1.07bn€1.08bn€1.03bn
Net income€1.11bn€1.06bn€885.4m€857.0m€789.4m€785.5m€757.3m€706.6m€688.3m€633.1m
Diluted earnings per share0.550.530.220.430.390.390.380.350.340.31

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets—€27.19bn€20.15bn€22.83bn€22.39bn€20.70bn€18.09bn€17.27bn€17.03bn€16.14bn
Cash and short-term investments—€2.76bn€1.75bn€2.41bn€2.55bn€3.31bn€1.58bn€1.73bn€1.99bn€1.16bn
Total liabilities—€19.66bn€13.81bn€17.58bn€17.60bn€16.28bn€13.77bn€13.21bn€13.10bn€12.58bn
Debt—€13.75bn€12.00bn€10.77bn€12.42bn€12.25bn€9.63bn€9.48bn€9.67bn€9.33bn
Shareholders' equity—€7.52bn€6.32bn€5.15bn€4.68bn€4.37bn€4.19bn€4.02bn€3.80bn€3.54bn
Shares outstanding2,006m2,006m3,950m2,006m2,007m2,009m2,010m2,002m2,018m2,015m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations€2.52bn€1.47bn€1.10bn€2.32bn€832.3m€941.4m€1.30bn€1.31bn€1.69bn€1.56bn
Capital spending−€3.51bn−€2.62bn−€2.31bn−€1.70bn−€1.48bn−€1.29bn−€1.20bn−€1.07bn−€905.0m−€797.8m
Free cash flow−€996.6m−€1.16bn−€1.21bn€619.0m−€642.7m−€346.8m€93.2m€240.1m€786.7m€762.2m
Dividends paid−€795.9m−€690.6m−€649.0m−€595.8m−€546.7m−€526.1m−€475.2m−€451.1m−€418.4m−€406.2m

Growth per year

Compound annual rate

3 years5 years10 years
Revenue11.6%11.1%7.2%
Operating income12.0%10.8%5.8%
Net income9.1%7.2%6.4%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin45.3%44.4%44.5%46.2%
Net margin28.4%28.5%29.4%30.1%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings16.314.433.716.118.116.015.814.014.213.8
Price to sales4.54.29.44.85.65.35.24.44.54.3

Dividends and splits

Per share, in the currency the company pays

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

FY2026FY2025FY2024FY2023FY2021FY2020FY2019FY2018
Paid in the year0.2770.3960.3440.3230.5760.2560.2390.224

Sources and methodology

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

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