Jadranski naftovod d.d. (ZSE:JNAF)
Croatia flag Croatia · Delayed Price · Currency is EUR
800.00
-10.00 (-1.23%)
At close: Jul 14, 2026

Jadranski naftovod d.d. Financials Overview

Millions EUR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
118.3118.58126.34146.92116.06102.58
Revenue Growth
-8.27%-6.14%-14.01%26.59%13.14%1.01%
Gross Profit
100.57101.56108.49127.25101.9189.29
Operating Income
39.1840.9751.1371.8551.0542.63
Net Income
31.6433.5748.3851.9740.7335.39
Earnings Per Share
31.3533.3248.0151.5840.4235.12
EPS Growth
-37.29%-30.61%-6.91%27.59%15.09%-7.25%

Revenue by Geography

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Croatia
39.8440.4139.3639.8538.5538.02
Abroad
78.2578.1786.98107.0777.5164.04
Total
118.42118.58126.34146.92116.06102.07

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
38.12165.39152.34154.29115.3680.19
Total Debt
13.982.82.7912.2312.5412.07
Net Cash (Debt)
24.14162.59149.55142.06102.8268.13
Net Cash Growth
-73.80%8.72%5.27%38.16%50.93%85.04%
Net Cash Per Share
23.92161.35148.41140.98102.0467.61

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
47.3753.8153.286.768.6757.71
Capital Expenditures
-17.82-17.89-27.07-18.07-12-13.98
Free Cash Flow
29.5535.9226.1468.6356.6743.72
Free Cash Flow Growth
8.88%37.44%-61.92%21.10%29.60%1164.14%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
85.01%85.65%85.87%86.61%87.81%87.05%
Operating Margin
33.12%34.55%40.47%48.91%43.99%41.56%
Pretax Margin
32.67%34.59%46.73%43.16%43.12%42.21%
Profit Margin
26.75%28.31%38.29%35.38%35.10%34.50%
FCF Margin
24.98%30.29%20.69%46.71%48.83%42.63%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
20.21020.21028.81030.950-10.027
Dividend Per Share Growth
423.33%-29.85%-6.91%---7.10%
Dividend Yield
2.53%2.59%3.62%4.00%-1.63%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
25.5223.4117.1816.0919.3619.31
P/FCF Ratio
27.2821.8831.8112.1913.9115.63
PS Ratio
6.816.636.585.696.796.66