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.
Snam S.p.A. is an Italian energy infrastructure company and Europe's leading operator in natural gas transportation, managing over 40,000 km of pipelines across Italy and international operations in Austria, France, Greece, the UAE, and the United Kingdom. As Italy's primary operator for natural gas transport and dispatching, it controls nearly all high- and medium-pressure transport infrastructure, totaling around 32,900 km domestically, alongside top-ranked storage capacity of approximately 17 billion cubic meters and significant regasification capabilities exceeding 13.5 billion cubic meters annually. The company ensures energy supply security, facilitates market integration, and supports the energy transition through investments in sustainable mobility, renewable gases like biomethane and hydrogen, energy efficiency, and carbon capture technologies. With 85 years of experience, Snam S.p.A. operates in transportation, storage, and regasification, pursuing net-zero emissions by 2050 and reduced methane emissions, while maintaining a strong commitment to ESG principles, biodiversity, and community development. Its regulated business model underscores its pivotal role in Europe's energy landscape, enabling decarbonization and infrastructure evolution.
49.95% operating margin is above average. ROIC at 5.22%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue grew 8.6%, steady but not accelerating.
Negative free cash flow of -€21M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (FY)
€3.85B
▲ +8.6% YoY
Net Income (FY)
€1.27B
▲ +0.8% YoY
Op. Margin
49.95%
ROIC
5.22%
▲ +0.4pp YoY
Cash Flow & Balance Sheet
FCF (FY)
-€21M
▲ +97.9% YoY
Op. Cash Flow (FY)
€1.27B
▲ +65.0% YoY
Net Debt
€17.49B
Cash & Equiv.
€2.04B
3Y CAGR: +5.5%
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