TTM
11.9%
YoY change
−21.76pp
Trough year (2020)
3.0%
Peak year (2004)
44.7%
Latest annual
12.2%
Operating Margin history chart for Ferrovial (FER) from 2004 to 2025
Latest: 12.2%
Operating Margin change chart for Ferrovial (FER) from 2004 to 2025
Latest: −21.76pp
Operating Margin history table for Ferrovial (FER) from 2004 to 2025
| 2025 | 12.2% | -21.76pp | ||
| 2024 | 34.0% | +26.65pp | ||
| 2023 | 7.3% | +1.74pp | ||
| 2022 | 5.6% | -16.22pp | ||
| 2021 | 21.8% | +18.84pp | ||
| 2020 | 3.0% | -3.64pp | ||
| 2019 | 6.6% | -1.01pp | ||
| 2018 | 7.6% | -4.75pp | ||
| 2017 | 12.4% | +3.77pp | ||
| 2016 | 8.6% | -0.68pp | ||
| 2015 | 9.3% | +0.85pp | ||
| 2014 | 8.4% | -1.69pp | ||
| 2013 | 10.1% | +0.24pp | ||
| 2012 | 9.9% | +0.16pp | ||
| 2011 | 9.7% | -19.31pp | ||
| 2010 | 29.0% | +21.87pp | ||
| 2009 | 7.2% | -5.81pp | ||
| 2008 | 13.0% | -0.09pp | ||
| 2007 | 13.1% | +1.25pp | ||
| 2006 | 11.8% | — | ||
| 2004 | 44.7% | — |
- 202512.2%-21.76pp
- 202434.0%+26.65pp
- 20237.3%+1.74pp
- 20225.6%-16.22pp
- 202121.8%+18.84pp
- 20203.0%-3.64pp
- 20196.6%-1.01pp
- 20187.6%-4.75pp
- 201712.4%+3.77pp
- 20168.6%-0.68pp
- 20159.3%+0.85pp
- 20148.4%-1.69pp
- 201310.1%+0.24pp
- 20129.9%+0.16pp
- 20119.7%-19.31pp
- 201029.0%+21.87pp
- 20097.2%-5.81pp
- 200813.0%-0.09pp
- 200713.1%+1.25pp
- 200611.8%—
- 200444.7%—
Operating Margin values are taken from Ferrovial's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in EUR as filed.
About Operating Margin at Ferrovial (FER)
According to Ferrovial's latest reported financial statements, the company's latest reported operating margin is 11.9%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Ferrovial (FER) operating margin totalled 12.23% – contracted 21.8 percentage points year-over-year.
Across the available history, operating margin reached its high of 44.74% in 2004 and its low of 2.98% in 2020.
Ferrovial Operating Margin by Year
Ferrovial Operating Margin 2025: 12.2%
In 2025, Ferrovial reported operating margin of 12.23%, contracted 21.8 percentage points from 2024.
Ferrovial Operating Margin 2024: 34.0%
Ferrovial operating margin in 2024 was 33.99%, expanded 26.6 percentage points from 2023.
Ferrovial Operating Margin 2023: 7.3%
2023's operating margin for Ferrovial came in at 7.34%, expanded 1.7 percentage points from 2022.
Ferrovial Operating Margin 2022: 5.6%
Ferrovial posted operating margin of 5.60% in 2022, contracted 16.2 percentage points from 2021.
Ferrovial Operating Margin 2021: 21.8%
Ferrovial operating margin in 2021 was 21.82%.
See more financial history for Ferrovial (FER).
Sector peers by Operating Margin
Industrials peers of Ferrovial (FER), ranked by their latest operating margin
| 40.1% | |
| 18.5% | |
| 18.1% | |
| 17.9% | |
| 16.6% | |
| 14.9% | |
| 10.9% | |
| -5.9% |
- 40.1%
- 18.5%
- 17.9%
- 16.6%
- 10.9%
- -5.9%
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