Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Endesa, S.A. is a Spanish multinational electric utility company, recognized as the largest in Spain and a subsidiary of Enel Iberia Srl. Incorporated in 1944 as Empresa Nacional de Electricidad, S.A. and renamed in 1997, it specializes in the generation, distribution, and sale of electricity and natural gas across Spain, Portugal, France, Germany, the United Kingdom, and other international markets including Morocco. The company generates power from diverse sources such as hydroelectric, nuclear, thermal, wind, and solar, with an installed capacity of 21,449 MW as of December 31, 2024, supported by 320,329 km of distribution and transport networks serving over 10 million electricity customers and 1.7 million gas customers. Through its subsidiary Enel Green Power España, Endesa advances renewable energy with 266 plants managing 7.4 GW in hydroelectric, wind, solar, and biomass capacities, contributing to decarbonization efforts. It also innovates in electric mobility by deploying recharging infrastructures, vehicle-to-grid solutions, and smart city services, while offering advisory, engineering, and financial solutions for energy producers. Headquartered in Madrid, Endesa plays a pivotal role in Europe's energy transition toward sustainability and digitalization.
€38.68
+€0.35 (+0.91%)
EOD Jun 23, 2026 · Twelve Data
16.77% operating margin is respectable but not wide. ROIC at 13.49%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue growth slowed to 0.4%, essentially flat. Margins also contracted 3.2pp. This is a business that needs a catalyst.
Net debt of €10.63B represents 4.8x FCF, leverage limits flexibility. Operating margin contracted 3.2pp YoY, cost discipline may be slipping.
18.4x earnings, 18.2x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€20.94B
▲ +0.4% YoY
Net Income (FY)
€2.23B
▲ +18.0% YoY
Op. Margin
16.77%
▼ -3.2pp YoY
ROIC
13.49%
▼ -1.6pp YoY
Cash Flow & Balance Sheet
FCF (FY)
€2.21B
▲ +28.2% YoY
Op. Cash Flow (FY)
€3.41B
▲ +1.6% YoY
Net Debt
€10.63B
Cash & Equiv.
€263M
3Y CAGR: -13.6%
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