Terna S.p.A. (BIT:TRN)
Italy · Delayed Price · Currency is EUR 9.67
-0.27 (-2.70%)
May 15, 2026, 5:35 PM CET
Terna Income Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 4,038 | 3,951 | 3,616 | 3,123 | 2,898 | 2,535 |
Other Revenue | 59.1 | 59.1 | 44.3 | 31.2 | 26.3 | 30.7 |
| 4,097 | 4,010 | 3,661 | 3,154 | 2,924 | 2,565 | |
Revenue Growth (YoY) | 10.60% | 9.55% | 16.06% | 7.85% | 14.00% | 7.02% |
Selling, General & Admin | 30.2 | 30.2 | 25.2 | 20.5 | 19.4 | 15.4 |
Depreciation & Amortization | 975 | 946.4 | 874.3 | 797.6 | 718.7 | 654.1 |
Other Operating Expenses | 1,271 | 1,230 | 1,065 | 969.2 | 863.8 | 722.2 |
Total Operating Expenses | 2,276 | 2,206 | 1,964 | 1,787 | 1,602 | 1,392 |
Operating Income | 1,821 | 1,804 | 1,697 | 1,367 | 1,323 | 1,174 |
Interest Expense | -281.8 | -274 | -274.4 | -187.2 | -113.9 | -92.1 |
Interest Income | 94.9 | 94.9 | 125.6 | 84.6 | 14.6 | 11.6 |
Net Interest Expense | -186.9 | -179.1 | -148.8 | -102.6 | -99.3 | -80.5 |
Income (Loss) on Equity Investments | 7 | 7 | 3.9 | 2.6 | -1 | 0.3 |
Currency Exchange Gain (Loss) | -1.1 | -1.1 | 0.1 | -0.4 | 2.7 | 3.8 |
Other Non-Operating Income (Expenses) | -8.3 | -8.3 | -26.7 | -16.1 | 16.2 | 17.6 |
EBT Excluding Unusual Items | 1,631 | 1,622 | 1,525 | 1,250 | 1,241 | 1,115 |
Restructuring Charges | -8.9 | -8.9 | -14.8 | -17.2 | -12.6 | -3.2 |
Gain (Loss) on Sale of Assets | 4.6 | 4.6 | 5.8 | 13.7 | 5.5 | 4.9 |
Asset Writedown | -14.5 | -14.5 | -14.7 | -8.7 | -7 | -0.3 |
Insurance Settlements | 5.4 | 5.4 | 3.5 | 5.7 | 3.2 | 4.1 |
Legal Settlements | -0.3 | -0.3 | 1.1 | 0.9 | 3.2 | 1.3 |
Pretax Income | 1,618 | 1,608 | 1,506 | 1,245 | 1,233 | 1,122 |
Income Tax Expense | 501.9 | 495.2 | 455 | 364.3 | 355.4 | 317.9 |
Earnings From Continuing Ops. | 1,116 | 1,113 | 1,051 | 880.3 | 878 | 803.6 |
Earnings From Discontinued Ops. | -0.1 | 0.3 | 11.6 | 2.5 | -20.3 | -12.8 |
Net Income to Company | 1,116 | 1,114 | 1,063 | 882.8 | 857.7 | 790.8 |
Minority Interest in Earnings | -2.9 | -2 | -0.6 | 2.6 | -0.7 | -1.4 |
Net Income | 1,113 | 1,112 | 1,062 | 885.4 | 857 | 789.4 |
Preferred Dividends & Other Adjustments | 48.7 | 48.7 | - | - | - | - |
Net Income to Common | 1,064 | 1,063 | 1,062 | 885.4 | 857 | 789.4 |
Net Income Growth | 4.09% | 4.67% | 19.93% | 3.31% | 8.56% | 0.50% |
Shares Outstanding (Basic) | - | 2,006 | 2,030 | 2,069 | 2,007 | 2,009 |
Shares Outstanding (Diluted) | - | 2,006 | 2,030 | 2,069 | 2,007 | 2,009 |
Shares Change (YoY) | - | -1.20% | -1.85% | 3.07% | -0.08% | -0.01% |
EPS (Basic) | - | 0.53 | 0.52 | 0.43 | 0.43 | 0.39 |
EPS (Diluted) | - | 0.53 | 0.52 | 0.43 | 0.43 | 0.39 |
EPS Growth | - | 1.30% | 22.20% | 0.23% | 8.65% | 0.51% |
Free Cash Flow | -367.1 | -317.5 | -845.3 | -963.9 | 831.4 | -511.9 |
Free Cash Flow Per Share | - | -0.16 | -0.42 | -0.47 | 0.41 | -0.26 |
Dividend Per Share | 0.369 | 0.369 | 0.396 | 0.340 | 0.314 | 0.291 |
Dividend Growth | -6.82% | -6.82% | 16.67% | 8.02% | 8.00% | 8.02% |
Profit Margin | 25.97% | 26.50% | 29.01% | 28.07% | 29.30% | 30.77% |
Free Cash Flow Margin | -8.96% | -7.92% | -23.09% | -30.56% | 28.43% | -19.96% |
EBITDA | 2,773 | 2,727 | 2,558 | 2,133 | 2,041 | 1,830 |
EBITDA Margin | 67.67% | 68.00% | 69.89% | 67.63% | 69.80% | 71.32% |
D&A For EBITDA | 951.9 | 923.3 | 861.7 | 766.4 | 718.6 | 656 |
EBIT | 1,821 | 1,804 | 1,697 | 1,367 | 1,323 | 1,174 |
EBIT Margin | 44.44% | 44.98% | 46.35% | 43.33% | 45.22% | 45.75% |
Effective Tax Rate | 31.03% | 30.79% | 30.21% | 29.27% | 28.82% | 28.35% |
Revenue as Reported | 4,120 | 4,033 | 3,680 | 3,187 | 2,965 | 2,606 |
Source: S&P Global Market Intelligence. Utility template. Financial Sources.