Ferrovial N.V. balance sheet

At the end of fiscal 2025, Ferrovial N.V. had total assets of $32.18bn, total liabilities of $23.18bn and shareholders' equity of $6.93bn. It held $5.01bn in cash against $12.24bn of debt: net debt of $7.22bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Ferrovial N.V.: balance sheet, annual
Fiscal year	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	5.5	5.3	5.0	5.0
Receivables	1.7	1.9	2.3	2.6
Inventory	—	0.5	0.5	0.6
Total current assets	—	7.7	7.9	8.6
Goodwill	0.5	0.5	0.5	0.5
Total assets	—	29.1	30.0	32.2
Total current liabilities	—	6.4	6.5	7.6
Total debt	0.0	12.6	11.7	12.2
Total liabilities	—	22.6	21.6	23.2
Shareholders' equity	4.5	4.2	6.3	6.9
Non-controlling interests and other (assets − liabilities − equity)	—	2.3	2.1	2.1
Net debt (negative = net cash)	−5.5	7.3	6.7	7.2

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Ferrovial N.V.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Ferrovial N.V.