A2A S.p.A. (BIT:A2A)
Italy flag Italy · Delayed Price · Currency is EUR
2.302
-0.040 (-1.71%)
Sep 1, 2026, 5:36 PM CET

A2A S.p.A. Financials Overview

Millions EUR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 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 YearTTMFY 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 YearCurrentFY 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 YearTTMFY 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 YearTTMFY 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 YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '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
4.55%4.72%5.11%5.93%8.84%6.17%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
10.519.647.788.849.7310.40
Forward PE
11.0110.859.2910.0110.1114.26
P/FCF Ratio
16.487.6716.4714.745.537.66
PS Ratio
0.460.510.520.400.170.46