Ferrovial (FER) Balance Sheet: Assets & Liabilities

Ferrovial (FER) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2026), Ferrovial reported total assets of EUR 27.42B and total liabilities of EUR 19.75B. Shareholders' equity was EUR 7.67B. Total debt stood at EUR 19.60B against EUR 8.74B in cash and short-term investments, a net debt position of EUR 10.86B. That puts debt-to-equity at 2.56.

Ferrovial Balance Sheet Analysis

Values in billions EUR

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Ferrovial N.V. (FER) - Annual data in billions EUR
Breakdown	FY 2026	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	8.74	4.81	4.76	5.09	5.49	6.49	4.73	4.00	4.54
Short-Term Investments	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	8.74	4.81	4.76	5.09	5.50	6.49	4.73	4.00	4.54
Accounts Receivable	1.76	1.63	1.35	1.30	1.07	1.42	1.29	1.14	2.68
Inventory	0.54	0.49	0.46	0.48	0.40	0.70	0.70	0.59	0.63
Other Current Assets	0.06	0.07	0.07	0.20	0.11	4.13	5.50	5.03	2.89
Total Current Assets	7.31	7.67	6.99	7.42	9.03	12.28	11.75	10.76	8.06
Non-Current Assets
Property, Plant & Equipment (Net)	1.31	1.01	0.79	0.66	0.35	0.48	0.43	0.25	0.69
Long-Term Investments	28.97	31.32	29.03	29.29	1.84	1.73	11.12	10.74	2.63
Goodwill	0.41	0.50	0.48	0.48	0.43	0.22	0.25	0.37	2.06
Intangible Assets	0.13	14.12	13.46	13.64	11.14	6.29	0.06	0.03	0.43
Other Non-Current Assets	2.27	3.66	3.56	3.12	2.09	1.31	0.00	0.00	8.07
Total Non-Current Assets	20.11	21.33	19.33	18.93	15.85	10.46	12.36	12.06	14.93
Total Assets	27.42	29.00	26.32	26.34	24.88	23.09	24.11	22.81	22.99
Current Liabilities
Accounts Payable	1.80	1.78	1.70	1.66	2.43	1.45	1.33	1.31	2.28
Short-Term Debt	0.89	1.05	0.88	0.80	1.10	1.68	1.10	-0.32	-0.43
Current Portion of Long-Term Debt	1.26	1.34	1.01	0.95	1.10	1.68	-	-	-
Accrued Liabilities	0.55	0.50	0.42	0.40	0.38	0.28	-	-	-
Deferred Revenue	1.82	1.62	1.53	1.36	0.89	1.35	6.19	0.07	-0.94
Other Current Liabilities	1.11	1.06	1.09	0.96	2.63	3.52	4.69	4.06	1.36
Total Current Liabilities	6.46	6.30	5.78	5.38	6.54	8.44	8.62	7.30	5.85
Non-Current Liabilities
Long-Term Debt	18.71	20.18	20.85	21.55	9.51	8.14	7.65	7.55	7.51
Deferred Tax Liabilities	0.89	1.24	1.09	0.92	0.69	0.45	0.48	0.57	0.90
Other Non-Current Liabilities	3.72	4.32	4.10	3.72	3.00	0.89	0.93	0.78	1.46
Total Non-Current Liabilities	13.29	14.58	14.66	14.61	12.51	10.57	10.40	10.15	10.91
Total Liabilities	19.76	20.88	20.44	19.99	19.05	19.30	19.02	17.45	16.76
Stockholders' Equity
Common Stock	0.01	0.01	0.01	0.15	0.15	0.15	0.15	0.15	0.15
Retained Earnings	2.79	2.54	0.37	4.26	4.59	3.36	3.93	3.99	4.62
Accumulated Other Comprehensive Income	0.00	-0.71	-0.85	-0.27	-2.60	-0.99	-0.69	-0.73	-0.78
Treasury Stock	0.08	0.08	0.08	0.03	0.12	-	-	-	-
Additional Paid-in Capital	3.12	4.24	4.24	-0.54	0.22	0.63	0.92	1.15	1.51
Minority Interest	1.76	2.05	2.11	2.24	1.79	0.64	0.78	0.83	0.73
Shares Outstanding	0.72	0.72	0.74	0.73	0.73	-	-	-	-
Total Stockholders' Equity	7.67	8.12	5.88	6.35	5.83	3.79	4.30	4.53	5.50
Total Liabilities & Equity	27.42	29.00	26.32	26.34	24.88	23.13	24.11	22.81	22.99

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Ferrovial Balance Sheet

How much debt does Ferrovial have?

Ferrovial had total debt of EUR 19.60B as of Dec 31, 2025, against EUR 8.74B in cash and short-term investments. Its debt-to-equity ratio was 2.56.

What are Ferrovial's total assets?

Ferrovial reported total assets of EUR 27.42B as of Dec 31, 2025. Total liabilities were EUR 19.75B.

What is Ferrovial's shareholders' equity?

Ferrovial's shareholders' equity was EUR 7.67B as of Dec 31, 2025, or about EUR 10.64 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition