Enel stock holds steady as 2025 results and 2026 guidance frame the outlook
Published on 07/17/2026 at 04:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Enel (IT0003128367) is anchored by its 2025 full-year numbers, with revenue of EUR 73.9 billion, EBITDA of EUR 22.8 billion, and net ordinary income of EUR 7.1 billion in the annual results disclosed by the company. Those figures give the Italian utility a clear earnings base even without a fresh market event in the available material.
EUR 73.9 billion revenue
The 2025 annual report shows revenue of EUR 73.9 billion, down from EUR 95.6 billion in 2024, while EBITDA reached EUR 22.8 billion and net ordinary income came to EUR 7.1 billion. The comparison matters because it shows a much smaller top line than a year earlier, but still a large earnings pool for a regulated power and grid business.
Net ordinary income of EUR 7.1 billion in 2025 also gives investors a direct earnings reference point, and the figure is high enough to keep dividend capacity and balance-sheet discipline at the center of the discussion. Enel reported these numbers in its latest annual results and used them as the base for its forward planning.
EBITDA and income base
Enel also said EBITDA was EUR 22.8 billion in 2025, against EUR 22.2 billion in 2024, which is a modest year-on-year increase. That contrast between lower revenue and slightly higher EBITDA points to better margin resilience in the period, even before any new operating update is considered.
The companys latest annual-results package remains the most concrete reference in the available material, and it is enough to frame the stock around profitability rather than near-term trading noise. For a utility of this size, the mix of revenue, EBITDA, and ordinary income is the key trio.
Enel annual results and capital plan
The latest annual figures set the baseline for revenue, EBITDA, and net ordinary income, and they remain the most useful starting point for tracking Enel stock.
Revenue down, margins steadier
The year-on-year revenue change from EUR 95.6 billion to EUR 73.9 billion is the sharpest number in the set, but it does not tell the whole story. EBITDA moving from EUR 22.2 billion to EUR 22.8 billion suggests Enel protected profitability better than the headline top line alone implies.
That mix of lower turnover and firmer operating earnings is the most relevant lens for a utility stock, because cash generation and regulatory stability usually matter more than one year of sales swing. In the available evidence, the margin profile is the clearest takeaway.
Power and grids matter
Enel is a large integrated utility with exposure to power generation, retail supply, and networks, and those businesses are the backdrop for the 2025 numbers. The annual report context points to grids and regulated earnings as the stabilizing core, while generation and commercial activity drive the larger revenue swings.
For readers following Enel stock, the practical focus is not a single product, but the portfolio balance behind the EUR 22.8 billion EBITDA base. That is the level that makes the companys capital allocation and dividend capacity worth tracking over the next reporting cycle.
Latest reported numbers
Enel stock is best read through the latest reported financial base: revenue of EUR 73.9 billion in 2025, EBITDA of EUR 22.8 billion in 2025, and net ordinary income of EUR 7.1 billion in 2025. Those figures, together with the 2024 comparison points, provide the strongest evidence set available here.
The article can only be built from the available evidence, so the stock is framed by reported performance rather than a live quote. The result is still useful because the core metrics are dated, comparable, and directly tied to the companys latest annual results.
Enel stock facts
- Company: Enel S.p.A.
- ISIN: IT0003128367
- Ticker: BIT: ENEL
- Trading venue: Borsa Italiana
- Sector / Industry: Utilities / Electric Utilities
- Index membership: FTSE MIB
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