ANE FINANCIAL STATEMENTS

Corporacion Acciona Energias Renovables SA — balance sheet, income statement and cash flow trends

ANECorporacion Acciona Energias Renovables SA

🇪🇸 Spain · MC · Utilities · Utilities - Renewable

Value itDuel

Income Statement

Quarterly progression — trailing-twelve-month values
RevenueNet Income
02 B4 B202020212022202320242025

Profit Funnel

Q4 2025 · TTM
Revenue4.1 B €Gross Profit2.4 B € · 59%Operating Income952 M € · 23%Pre-tax Income735 M € · 18%Net Income655 M € · 16%

Percentages are relative to revenue.

Key Figures

YoY change
Revenue4.1 B €+5.4%
Gross Profit2.4 B €+19.5%
Operating Income952 M €+36.2%
EBITDA1.5 B €+37.6%
Net Income655 M €+83.5%

Peer Comparison· Utilities - Renewable

CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
ANE5.4%59.2%36.1%16.0%
MEZ-8.6%25.1%11.1%-2.3%
BEP-UN6.8%34.4%76.2%3.0%
ORA31.5%27.5%47.7%11.0%
BEPC2.8%47.9%-56.7%-132.6%
MCY-4.7%16.7%25.3%2.6%
Industry median1.9%27.1%36.8%-1.9%

Balance Sheet

Quarterly period-end values
Total AssetsTotal LiabilitiesEquity
05 B10 B15 B202020212022202320242025

Capital Structure

Q4 2025
Total Assets14.7 B
  • Equity5.8 B €41%
  • Current Liabilities1.8 B €13%
  • Long-term Liabilities6.6 B €47%

Key Figures

YoY change
Total Assets14.7 B €-9.4%
Total Liabilities8.5 B €-14.7%
Total Equity5.8 B €-0.1%
Cash & ST Investments499 M €-19.4%
Total Debt5.2 B €-5.1%
Net Debt4.3 B €-13.3%

Peer Comparison· Utilities - Renewable

CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
ANE1.2788.5%3.1539.7%
MEZ1.0721.3%3.3958.7%
BEP-UN0.75872.8%6.944.3%
ORA1.07132.7%4.7738.0%
BEPC0.33-570.8%-8.74-5.6%
MCY0.7951.3%2.7848.6%
Industry median1.0751.3%3.2250.5%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values
Operating Cash FlowCapital ExpendituresFree Cash Flow
-1 B01 B2 B202020212022202320242025

Cash Flow Bridge

Q4 2025 · TTM
0250 M500 M750 M383 M €Operating412 M €Investing-843 M €Financing-48 M €Net Change

Key Figures

YoY change
Operating Cash Flow383 M €-43.8%
Capital Expenditures979 M €-39.9%
Free Cash Flow-596 M €—
Dividends Paid-143 M €-190.5%

Peer Comparison· Utilities - Renewable

CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
ANE9.3%-14.5%23.8%58.5%
MEZ13.2%10.8%2.4%-581.0%
BEP-UN19.8%-79.4%99.2%657.0%
ORA28.0%-18.5%46.5%255.2%
BEPC15.6%-18.3%33.9%-11.8%
MCY18.4%3.5%14.9%712.5%
Industry median18.8%-0.4%10.4%33.3%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

Go deeper on ANE

Run a DCF valuation

Full DCF model with editable assumptions

Start a head-to-head duel

Compare two stocks metric by metric

Filter in the stock screener

Build your own universe with 400+ metrics

Data on this page refreshes once per day. Price data as of Jul 3, 26. This content is for informational purposes only and is not investment advice.