Welcome to our dedicated page for Ferrovial SE SEC filings (Ticker: FER), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page compiles Ferrovial SE’s (FER) regulatory filings with the U.S. Securities and Exchange Commission, primarily submitted on Form 20‑F and Form 6‑K as a foreign private issuer. Through these documents, the company reports information on financial results, dividends, share repurchase programs and financing activities related to its global infrastructure business.
Ferrovial’s Form 6‑K filings referenced here include announcements about interim cash dividends and scrip dividends, the ratio and number of shares to be delivered in dividend distributions, and changes to expected dividend payment dates. Other 6‑K reports describe the termination and implementation of share buyback programs, the launch and placement of non‑dilutive, cash‑settled convertible bonds, and periodic disclosures of transactions carried out under share repurchase programs.
Filings also cover Ferrovial’s unaudited financial results for interim periods, including earnings releases and presentation materials for the nine months ended September 30 and other reporting periods. These documents provide detail on the performance of its highways, construction and airports divisions, as well as information on liquidity, net debt and construction order book metrics, as presented by the company.
With Stock Titan, users can access these SEC filings in one place and use AI‑powered summaries to understand the key points in lengthy reports. Annual reports on Form 20‑F, interim updates on Form 6‑K and other disclosures are parsed to highlight items such as dividend decisions, capital structure changes, financing instruments and project‑related information. Real‑time updates from EDGAR, combined with AI explanations, help readers interpret Ferrovial’s regulatory reporting without having to review every page manually.
Ferrovial SE reports progress on its share repurchase program during late February and March 2026. Between 23 and 27 February, the company bought 207,800 shares on US trading venues at a weighted average price of €62.09 per share. From 2 to 6 March, it repurchased 219,065 shares at €59.29, followed by 232,600 shares at €56.34 between 9 and 13 March.
From 16 to 20 March, Ferrovial acquired 230,000 shares at a weighted average of €55.38, and from 23 to 26 March it bought 184,000 shares at €54.73. Since the program began on 15 December 2025 through 26 March 2026, the company has repurchased 3,166,894 shares for a total of €183,242,364.12.
Ferrovial SE has closed an issuance of bonds amounting to 500 million euro, completing a financing that was priced on 11 March 2026. The bonds, which mature on 18 September 2032, have been fully subscribed and paid by investors and are listed on the regulated market of Euronext Dublin. The securities were issued outside the United States and are not registered under the U.S. Securities Act of 1933.
Ferrovial SE has priced a new bond issuance of 500 million euro maturing on 18 September 2032. The bonds carry a fixed annual coupon of 3.625% and were priced at 99.788% of their nominal value.
Closing and payment are expected on or about 18 March 2026, subject to customary conditions. Ferrovial expects to raise net proceeds of approximately 496.94 million euro, which are intended for general corporate purposes. Application has been made for admission of the bonds to the official list and trading on Euronext Dublin.
Ferrovial SE has completed the cancellation of 4,200,000 treasury shares, a step that reduces the number of its own shares held by the company and slightly lowers its overall share count. As a result, Ferrovial’s issued share capital now amounts to EUR 7,295,553.72, represented by 729,555,372 shares. The company will request the delisting of the cancelled shares from the stock exchanges where they are listed. Ferrovial describes itself as a global infrastructure group focused on highways, airports and energy projects, with more than 22,500 employees and a strong presence in North America.
Ferrovial SE has called its 2026 annual shareholders meeting for 9 April 2026 in Amsterdam, to be held as a hybrid (in-person and virtual) event. The Board unanimously recommends supporting all agenda resolutions.
Key items include approval of 2025 financial statements and remuneration report, an advisory vote on the 2025 Climate Strategy Report, and discharge of directors. Shareholders will vote on reappointing four directors and appointing a new non-executive director, approving a 2026–2028 performance share plan for executive directors, and converting the company’s legal form from an SE to a Dutch N.V. Additional resolutions seek 18‑month authorities to issue ordinary shares (up to 10% for general purposes and 5% for scrip dividends), limit or exclude pre‑emptive rights on the same percentages, repurchase up to 10% of share capital within defined price limits, and cancel repurchased shares. The Board states it intends to implement one or more interim 2026 dividends with a cash equivalent amount of around 1 billion euro via a flexible scrip structure.
Ferrovial SE provided notice that it made a disclosure required by Section 219 of the Iran Threat Reduction and Syria Human Rights Act of 2012 and Section 13(r) of the Exchange Act in its Annual Report on Form 20-F for the fiscal year ended December 31, 2025, which was filed with the SEC on February 25, 2026. The disclosure appears in Part I, Item 4, 4.B. Business Overview and is incorporated by reference.
Ferrovial reported strong full-year 2025 results driven by highways and construction. Revenue reached €9.6 billion, up 8.6% in like-for-like terms, while adjusted EBITDA rose 12.2% to €1.5 billion, reflecting solid operating momentum across all divisions.
Net profit was €888 million, lower than the prior year when results included large capital gains from asset rotations. The company’s financial position remained robust, with liquidity of €5.1 billion and net debt of -€1.3 billion excluding infrastructure projects, meaning cash and equivalents exceeded this debt bucket.
Highways revenue grew 13.7% like-for-like to €1.4 billion and adjusted EBITDA reached €990 million, supported by strong performance in North American managed lanes and double-digit EBITDA growth at Canada’s 407 ETR. Construction delivered €7.7 billion of revenue, a 7.5% like-for-like increase, and lifted adjusted EBIT 24.2% to €352 million, with the order book at a record €17.4 billion.
Ferrovial also reshaped its portfolio, selling its 5.25% stake in Heathrow for €539 million and AGS Airports for €533 million, while acquiring an additional 5.06% of highway 407 ETR for €1.3 billion and investing €236 million of equity into New Terminal One at JFK. Dividends from projects hit a record €968 million, helping fund €156 million of cash dividends and €501 million of share buybacks, and the company was added to the Nasdaq-100 Index in December.
Ferrovial reported solid full-year 2025 results with broad-based growth and a strong balance sheet. Revenue reached €9.6 billion, up 5.2% reported and 8.6% on a like-for-like basis, while adjusted EBITDA rose to €1.46 billion, a 12.2% like-for-like increase. Net profit attributable to the parent was €888 million.
Highways and Construction were key growth engines. Highways revenue was €1.37 billion with adjusted EBITDA of €990 million, supported by strong performance at Canada’s 407 ETR and US managed lanes, where revenue per transaction grew well ahead of inflation. Construction delivered €7.65 billion in revenue and a 4.6% adjusted EBIT margin, beating its long-term target, on the back of a record €17.4 billion order book.
Ferrovial continued to reshape its portfolio. It invested CAD 1.99 billion (about €1.3 billion) to raise its stake in 407 ETR from 43.23% to 48.29%, and injected equity into New Terminal One at JFK. It also exited its 5.25% Heathrow stake for €539 million and sold its 50% interest in AGS airports for €533 million, realizing sizeable capital gains. At year-end, liquidity excluding infrastructure project companies stood at €5.09 billion, and net debt on the same basis was a net cash position of €1.34 billion, supported by €968 million of dividends from projects and continued asset rotation. The company also highlighted progress on sustainability, sourcing 100% of its electricity from renewables and cutting Scope 1 and 2 CO₂ emissions by 45.64% versus 2020, while maintaining a workforce of 22,609 employees.
Ferrovial SE, a Netherlands-incorporated global infrastructure group, has filed its Form 20-F annual report for the year ended December 31, 2025. The company’s ordinary shares (par value EUR 0.01) trade on the Nasdaq Global Select Market under the symbol FER and on Euronext Amsterdam and the Spanish Stock Exchanges. As of December 31, 2025, Ferrovial had 720,626,181 ordinary shares outstanding.
The report explains the 2023 re‑domiciliation from Spain to the Netherlands and confirms that audited consolidated financial statements are prepared under IFRS-IASB, with PwC auditing 2025 figures. It describes a business focused on highways and airports, including major assets such as Canada’s 407 ETR and U.S. managed lanes, plus the New Terminal One project at JFK Airport.
Ferrovial highlights extensive risk factors: exposure to geopolitical conflicts (including Ukraine and the Middle East), macroeconomic pressures like inflation, interest rate and foreign exchange volatility, and climate- and disaster-related disruptions. Operational risks include dependence on a small number of large projects, the complexity and delay risk at New Terminal One—where the first construction phase is now targeted for completion in Fall 2026—construction estimation errors, accidents, reliance on subcontractors, and cybersecurity threats.
The company also details regulatory and legal risks tied to highly regulated sectors, public-sector clients, concession frameworks that allow governments to alter or terminate projects, evolving ESG and data-protection requirements, and ongoing or potential litigation. Overall, the filing gives investors a structured view of Ferrovial’s global infrastructure platform, capital structure, accounting framework, and the wide range of strategic, financial, and operational uncertainties it faces.
Ferrovial SE reports ongoing activity under its share repurchase program that began on 12 December 2025. As of 20 February 2026, the company has repurchased a total of 2,093,429 shares for €121,437,374.06.
Between 26 and 30 January 2026, Ferrovial bought 230,155 shares on U.S. trading venues at a weighted average price of €57.06. In the week of 2–6 February, it purchased 220,200 shares at €58.30, followed by 208,600 shares at €61.65 from 9–13 February, all on U.S. venues.
From 16–20 February 2026, the company acquired 210,400 shares, including 42,100 on XMAD and the remainder on U.S. trading venues, at a weighted average price of €61.53. Ferrovial notes that Bloomberg closing EUR-USD rates were used to determine euro values for U.S.-dollar trades.