Question 1

What is Ferrovial's P/E ratio?

Accepted Answer

Ferrovial (FER) P/E ratio is 46.7× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Ferrovial?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Ferrovial specifically, the relevant sector benchmark is the current sector median of 27.8×.

Question 5

Is Ferrovial's P/E ratio high or low?

Accepted Answer

Ferrovial's P/E ratio of 46.7× is above its own 5-year average of 33.3× and above the sector median of 27.8×. That places the current reading at the 75th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Ferrovial's historical P/E ratio range?

Accepted Answer

In the available daily series, Ferrovial (FER) P/E ratio has ranged from a low of 3.1× in 2011 to a high of 232.3× in 2010. The 5-year average is 33.3× and the 5-year median is 14.7×.

Question 7

What was Ferrovial's P/E ratio in 2025?

Accepted Answer

Ferrovial (FER) P/E ratio at the end of 2025 was 45.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Ferrovial's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$47.7B	$1.04B	45.8×	+37.0×	Dec 31, 2025
2024	$30.4B	$3.45B	8.8×	-45.8×	Dec 31, 2024
2023	$25.8B	$472M	54.6×	+43.6×	Dec 31, 2023
2022	$18.2B	$1.65B	11.0×	-3.7×	Dec 31, 2022
2021	$20.1B	$1.36B	14.7×	—	Dec 31, 2021
2020	$20.5B	-$452M	—	—	Dec 31, 2020
2019	$21.8B	$295M	73.7×	—	Dec 31, 2019
2018	$14.3B	-$518M	—	—	Dec 31, 2018
2017	$16.4B	$513M	31.9×	+0.6×	Dec 31, 2017
2016	$13B	$415M	31.4×	+9.8×	Dec 31, 2016
2015	$17.2B	$797M	21.6×	-5.6×	Dec 31, 2015
2014	$14.4B	$530M	27.2×	+13.7×	Dec 31, 2014
2013	$13.1B	$968M	13.5×	+2.8×	Dec 31, 2013
2012	$9.73B	$912M	10.7×	+5.2×	Dec 31, 2012
2011	$9.95B	$1.81B	5.5×	+1.4×	Dec 31, 2011
2010	$9.95B	$2.44B	4.1×	—	Dec 31, 2010


Pentair (PNR)	21.1×
Lennox International (LII)	20.6×
Copart (CPRT)	20.4×
Union Pacific (UNP)	19.9×
Allegion (ALLE)	19.7×
Alamo Group (ALG)	19.6×
Andersons (ANDE)	19.0×
Carlisle Companies (CSL)	18.8×
Snap-on (SNA)	18.5×
Brady (BRC)	18.5×
Canadian National Railway (CNI)	18.4×
FedEx (FDX)	18.4×
Pool (POOL)	18.1×
McGrath RentCorp (MGRC)	17.5×
Honeywell International (HON)	17.5×
A. O. Smith (AOS)	17.4×
Textron (TXT)	16.6×
Northrop Grumman (NOC)	16.1×
United Parcel Service (UPS)	15.9×
Delta Air Lines (DAL)	15.5×
ABM Industries (ABM)	15.2×
Masco (MAS)	14.6×
Upwork (UPWK)	12.9×
United Airlines Holdings (UAL)	12.7×
AGCO (AGCO)	10.9×

P/E Ratio for Ferrovial (FER) 2010-2026

P/E Ratio daily chart for Ferrovial (FER)

Historical P/E Ratio for Ferrovial (FER) from 2010 to 2025

About P/E Ratio at Ferrovial (FER)

Ferrovial P/E Ratio by Year

Ferrovial P/E Ratio 2025: 45.8×

Ferrovial P/E Ratio 2024: 8.8×

Ferrovial P/E Ratio 2023: 54.6×

Ferrovial P/E Ratio 2022: 11.0×

Ferrovial P/E Ratio 2021: 14.7×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Ferrovial (FER) Key Financials