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.
Poste Italiane SpA is Italy's primary postal service provider and the largest multichannel infrastructure in the country, founded in 1862 and headquartered in Rome. It operates an extensive network of approximately 12,755 post offices, employs over 121,000 people, and serves around 46 million customers, delivering postal, logistics, financial, insurance, payment, telecommunications, and energy services nationwide. The company divides its activities into key segments: Mail, Parcels and Distribution for traditional and hybrid mail handling plus express logistics; Financial Services through BancoPosta, managing postal savings, loans, payment solutions, and asset allocation; Insurance via Poste Vita for life, pension, and investment products, and Poste Assicura for non-life coverage; and Payments and Mobile encompassing PostePay e-money, PosteMobile telephony, and Poste Energia utilities. With total financial assets exceeding €590 billion and 2024 revenues of €12.6 billion, Poste Italiane plays a pivotal role in Italy's economy, fostering social cohesion, digital transformation, and sustainable development through its unparalleled capillarity and trust among citizens.
15.59% operating margin is respectable but not wide. ROIC at 10.95%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 3.2%, steady but not accelerating. Free cash flow declined 21% despite revenue growth, conversion is weakening.
Free cash flow declined 21% versus the prior year, cash generation momentum has weakened.
Profitability & Returns
Revenue (TTM)
€23.25B
▲ +3.2% YoY
Net Income (TTM)
€2.46B
▲ +11.0% YoY
Op. Margin
16.09%
▲ +0.7pp YoY
ROIC
10.95%
▼ -0.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€1.74B
▼ -21.2% YoY
Op. Cash Flow (TTM)
€2.80B
▼ -2.2% YoY
Net Debt
-€29.57B
Net Cash Position
Cash & Equiv.
€40.10B
3Y CAGR: +8.4%
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