FER vs FLR vs ROAD Stock Comparison

Ferrovial, Fluor and Construction Partners Prices as of Oct 23, 2026 Peers: Industry group
FER Ferrovial N.V.
$49.65 -10.2% 1M -21.9% 1Y
Market cap
$36.19B
P/E
35.6x
Revenue (TTM)
—
Div. yield
–
Engineering and Construction Industrials
2 wins
FLR Fluor Corp
$44.03 -17.0% 1M -7.6% 1Y
Market cap
$6.23B
P/E
–
Revenue (TTM)
$15.54B
Div. yield
–
Engineering and Construction Industrials
2 wins

Head to Head

11 decided of 12

Construction Partners leads on 7 of the 12 questions below (Construction Partners 7, Ferrovial 2, Fluor 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFERFLRROADLeader
Larger companyMarket capitalisation $36.19B $6.23B $4.61B FER
Cheaper on earningsLower P/E, profitable companies only 35.6x -3.1x 32.4x ROAD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 45.6x 17.5x 26.6x FLR
Faster revenue growthRevenue growth, trailing twelve months — -4.8% +41.9% ROAD
More profitableNet margin, trailing twelve months — -12.8% 4.1% ROAD
Better return on capitalReturn on invested capital — 0.0% 8.1% ROAD
Less leveragedLower net debt / EBITDA — 13.1x 3.6x ROAD
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -21.9% -7.6% -28.4% FLR
Better 5-year returnAnnualised price return, 5 years +11.1%/yr +18.9%/yr +19.4%/yr ROAD
Less volatileAnnualised volatility, 1 year 25.3% 48.3% 51.4% FER
Higher overall scoreMean of the five percentile scores vs peers 53/100 46/100 63/100 ROAD

Percentile Scorecard

FERFLRROAD

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFERFLRROAD
Valuation 37 #33 of 52 31 #36 of 52 69 #17 of 52
Growth – 3 #36 of 37 97 #2 of 37
Profitability – 22 #29 of 37 69 #12 of 37
Financial Health 34 #38 of 57 71 #17 of 57 21 #45 of 57
Shareholder Returns 89 #4 of 27 100 #1 of 27 58 #12 of 27
Overall 53 46 63
  • FER ranked among 57 companies in Construction Services
  • FLR ranked among 57 companies in Construction Services
  • ROAD ranked among 57 companies in Construction Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFERFLRROADSPY
1 month -10.2%-17.0%-11.1% -1.0%
3 months -21.5%-15.7%-19.6% +2.9%
6 months -28.1%-8.7%-30.9% +6.4%
Year to date -23.2%+11.1%-23.5% +11.4%
1 year -21.9%-7.6%-28.4% +13.1%
3 years +52.8%+29.8%+113.3% +79.4%
3 years, per year +15.2%+9.1%+28.7% +21.5%
5 years +68.9%+137.6%+142.7% +67.7%
5 years, per year +11.1%+18.9%+19.4% +10.9%
10 years +134.4%-11.1%— +255.2%
10 years, per year +8.9%-1.2%— +13.5%

Risk

MeasureFERFLRROADSPY
Volatility, 1Y 25.3%48.3%51.4% 12.7%
Downside volatility, 1Y 24.6%49.1%47.6% 12.7%
Beta vs S&P 500, 1Y 1.011.831.79 1.00
Return / volatility, 1Y -0.86-0.16-0.55 1.03
Max drawdown, 5Y -34.3%-47.6%-54.5% -25.4%
From 52-week high -33.2%-23.4%-40.9% -2.5%
52-week high $74.38$57.49$140.48 $779.14
52-week low $48.86$39.63$80.84 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFERFLRROAD
P/E now vs peer median 35.6xmedian 25.6x -3.1xmedian 25.6x 32.6xmedian 25.6x
P/S now vs peer median 3.3xmedian 0.8x 0.4xmedian 0.8x 1.1xmedian 0.8x
EV/EBITDA now vs peer median —median 12.7x -26.5xmedian 12.7x 11.9xmedian 12.7x
P/FCF now vs peer median 18.2xmedian 22.4x -18.1xmedian 22.4x 22.7xmedian 22.4x
P/B now vs peer median 5.2xmedian 2.3x 2.1xmedian 2.3x 3.8xmedian 2.3x
PEG now vs peer median —median 0.57 0.01median 0.57 0.53median 0.57

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFERFLRROAD
Revenue – $15.54B $3.48B
Gross profit – -$124.00M $548.10M
Operating income – -$216.00M $297.95M
Net income – -$2.00B $142.51M
Free cash flow – -$330.00M $175.56M
EPS (diluted) – $-14.16 $2.53
Cash & equivalents $5.02B $2.92B $94.55M
Total debt $12.25B $4.28B $4.22B
Shares (diluted) 718.72M 141.00M 56.27M
Enterprise value $14.44B -$6.98B $4.18B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFERFLRROAD
P/E 35.6x -3.1x 32.6x
P/FCF 18.2x -18.1x 22.7x
P/Operating cash flow – -20.8x 11.3x
P/S 3.3x 0.4x 1.1x
P/B 5.2x 2.1x 3.8x
P/Tangible book 5.3x 2.1x 4.1x
EV/EBITDA – -26.5x 11.9x
EV/EBIT – -18.5x 19.0x
EV/Revenue – 0.3x 1.6x
EV/FCF – -12.1x 32.3x
EV/Operating cash flow – -13.9x 16.1x
PEG (3Y EPS CAGR) – 0.01 0.53

Growth

14 metrics
MetricFERFLRROAD
Revenue growth (1Y) – -4.8% 41.9%
Revenue CAGR (3Y) – 1.1% 32.9%
Gross profit growth (1Y) – -125.2% 50.7%
Gross profit CAGR (3Y) – -34.7% 47.6%
Operating income growth (1Y) – -172.0% 75.5%
Operating income CAGR (3Y) – -76.9% 73.0%
Net income growth (1Y) – -148.3% 91.2%
Net income CAGR (3Y) – -196.3% 65.9%
EPS growth (1Y) – -156.8% 89.1%
EPS CAGR (3Y) – -253.8% 61.9%
Operating cash flow growth (1Y) – -182.0% 28.2%
Operating cash flow CAGR (3Y) – -85.8% 43.0%
Free cash flow growth (1Y) – -235.8% 14.9%
Free cash flow CAGR (3Y) – -124.9% 91.2%

Profitability

14 metrics
MetricFERFLRROAD
Gross margin – -0.8% 15.8%
EBITDA margin – -1.0% 13.7%
Operating margin – -1.4% 8.6%
Pretax margin – -1.0% 5.4%
Net margin – -12.8% 4.1%
FCF margin – -2.1% 5.0%
Operating cash flow margin – -1.8% 10.1%
Return on equity – -69.0% 14.1%
Return on assets – -25.6% 4.0%
Return on invested capital – 0.0% 8.1%
Return on capital employed – -4.7% 10.2%
Asset turnover – 2.0x 1.0x
Cash conversion (OCF / net income) – 0.1x 2.5x
Stock comp / revenue – 0.2% 1.2%

Financial Health

11 metrics
MetricFERFLRROAD
Debt / assets 38.0% 14.2% 49.5%
Debt / equity 1.8x 0.4x 1.7x
Net debt / EBITDA – 13.1x 3.6x
Debt / FCF – -3.2x 10.2x
Liabilities / assets 78.5% 63.0% 71.2%
Equity / assets 21.5% 37.0% 28.8%
Interest coverage – -5.0x 2.7x
Current ratio 1.1x 1.8x 1.6x
Quick ratio 1.1x 1.7x 0.2x
Cash ratio 0.7x 1.0x 0.2x
Altman Z-score – 3.68 2.47

Shareholder Returns

7 metrics
MetricFERFLRROAD
Dividend yield 3.7% – –
Net buyback yield – 21.4% 0.8%
Shareholder yield 3.7% 21.4% 0.8%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFERFLRROAD
Forward P/E 45.6xFY2026 17.5xFY2026 26.6xFY2026
EPS, next fiscal year $1.09FY2026 $2.52FY2026 $3.12FY2026
EPS growth, next FY -19.3%FY2026 +15.1%FY2026 +41.2%FY2026
EPS growth, the year after +11.0% +24.6% +17.3%
Revenue, next fiscal year $11.80BFY2026 $15.93BFY2026 $3.58BFY2026
Revenue growth, next FY +4.3%FY2026 +2.8%FY2026 +27.4%FY2026
Revenue growth, the year after -5.3% +22.1% +10.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFERFLRROAD
Held by institutions 33.2% 93.4% 87.7%
Institutions holding 337 549 360
Change in shares held, QoQ +17.5% +1.1% +2.3%
Institutions buying 208 249 190
Institutions selling 103 222 111
Buyers to sellers 2.02 1.12 1.71

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FERFLRROAD
FER 1.00 0.37 0.44
FLR 0.37 1.00 0.37
ROAD 0.44 0.37 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FER, FLR and ROAD?

Ferrovial (FER) is the largest by market capitalisation: Ferrovial (FER) $36.19B, Fluor (FLR) $6.23B, Construction Partners (ROAD) $4.61B.

Which stock is cheaper, FER, FLR and ROAD?

Construction Partners (ROAD) trades on the lowest price-to-earnings ratio (Ferrovial (FER) 35.6x, Fluor (FLR) -3.1x, Construction Partners (ROAD) 32.4x). On next year's consensus earnings, Fluor (FLR) is cheapest (Ferrovial (FER) 45.6x, Fluor (FLR) 17.5x, Construction Partners (ROAD) 26.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Construction Partners (ROAD) grew revenue fastest over the trailing twelve months: Fluor (FLR) -4.8%, Construction Partners (ROAD) +41.9%.

Which company is more profitable?

Construction Partners (ROAD) has the highest net margin (Fluor (FLR) -12.8%, Construction Partners (ROAD) 4.1%). On return on invested capital, Construction Partners (ROAD) leads (Fluor (FLR) 0.0%, Construction Partners (ROAD) 8.1%).

Which stock has performed better?

Over the past year Fluor (FLR) returned the most: Ferrovial (FER) -21.9%, Fluor (FLR) -7.6%, Construction Partners (ROAD) -28.4%. Over five years, Construction Partners (ROAD) compounded fastest (Ferrovial (FER) +11.1%/yr, Fluor (FLR) +18.9%/yr, Construction Partners (ROAD) +19.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Ferrovial (FER) has been the steadiest (Ferrovial (FER) 25.3%, Fluor (FLR) 48.3%, Construction Partners (ROAD) 51.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FER, FLR and ROAD?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Construction Partners (ROAD) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.