A2A S.p.A. (BIT:A2A)
Italy flag Italy · Delayed Price · Currency is EUR
2.368
-0.036 (-1.50%)
Nov 2, 2026, 3:25 PM CET

A2A S.p.A. Financials Overview

Millions EUR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
15,53414,06312,85714,63023,05211,389
Revenue Growth
13.65%9.38%-12.12%-36.54%102.41%70.37%
Net Income
687750864659401504
Earnings Per Share
0.220.240.280.210.130.16
EPS Growth
-14.42%-13.16%31.23%64.19%-21.86%41.73%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Eliminations
-6,192-5,996-5,686-6,649-8,518-3,242
Smart Infrastructures
1,1631,1688521,5521,5291,248
Corporate
384383353337320284
Generation and Trading
10,3529,0098,51910,92019,6058,006
Market
7,5737,2196,6707,1408,7983,849
Circular Economy
2,2572,2802,149---
Total
15,53714,06312,85714,75823,15611,352

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,5971,9021,5491,6292,584964
Total Debt
7,4147,2607,2726,3516,8895,068
Net Cash (Debt)
-5,817-5,358-5,723-4,722-4,305-4,104
Net Cash Growth
------
Net Cash Per Share
-1.86-1.71-1.83-1.51-1.37-1.34

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,6762,1081,4591,3421,5621,398
Capital Expenditures
-1,239-1,166-1,051-947-856-714
Free Cash Flow
437942408395706684
Free Cash Flow Growth
-31.29%130.88%3.29%-44.05%3.22%70.15%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Pretax Margin
6.55%7.77%9.42%6.01%3.26%5.18%
Profit Margin
4.42%5.33%6.72%4.50%1.74%4.42%
FCF Margin
2.81%6.70%3.17%2.70%3.06%6.01%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.1040.1040.1000.0960.0900.082
Dividend Per Share Growth
4.00%4.00%4.38%5.97%9.71%3.00%
Dividend Yield
4.39%4.50%4.66%5.15%7.26%4.93%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
10.819.647.788.849.7310.40
Forward PE
11.6410.859.2910.0110.1114.26
P/FCF Ratio
17.217.6716.4714.745.537.66
PS Ratio
0.480.510.520.400.170.46