Ferrovial stock in focus as 9M EBITDA rises 21.8%

Published on 11/03/2026 at 17:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ferrovial stock remains in focus after a stronger nine-month operating update. The order book reached a record level as North American highways drove growth.

Ferrovial adds operating detail

North American highways and construction remained the main growth drivers in the first nine months.
The record order book supports visibility, while new US public-private partnerships expand the project pipeline.
The New Terminal One at JFK moved into systems integration, testing and commissioning.

Ferrovial, NL0015001FS8, Illustration mit AI erstellt.

Ferrovial released a new operating update for the first nine months of 2026 on Tuesday, November 3. The company reported a 21.8 percent like-for-like increase in adjusted EBITDA, while revenue rose 10.8 percent on the same basis, according to WebWire.

North America leads the expansion

The Highways division generated 1.1 billion euros of revenue, up 14.7 percent like-for-like. Ferrovial also received 524 million euros in project dividends from North America, while the 407 ETR board approved a CAD 1.05 billion distribution for the fourth quarter.

Construction reached a 4.1 percent adjusted EBIT margin, above the company average long-term target of 3.5 percent. Its order book reached a record 19 billion euros, with North America accounting for 51 percent, Poland 21 percent and Spain 15 percent.

Projects add future visibility

Ferrovial-led consortia secured the I-24 Southeast Choice Lanes project in Tennessee and the I-285 East Express Lanes project in Georgia. The group is also part of the consortium selected to develop the D35 highway project in the Czech Republic.

At New Terminal One at JFK, the first basic trials were completed by October 27, moving the airport project into systems integration, testing and commissioning. The terminal had 32 commercial agreements with airlines, including 24 executed contracts and eight letters of intent.

What the latest quote shows

Ferrovial stock traded at 51.74 euros on Lang & Schwarz at 17:45 CET on Tuesday, November 3, 2026. Investors can follow the real-time quote of Ferrovial stock.