Construction Division was Ferrovial’s largest segment in fiscal 2025, bringing in $7.65B of $9.63B (79%).
| Segments [axis] | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Construction Division | $6.28B | $6.87B | $7.24B | $7.65B |
| Toll Roads Division | $780.00M | $1.09B | $1.26B | $1.37B |
| Corporation Division | $466.00M | $506.00M | $519.00M | $460.00M |
| Energy & Mobility Infrastructures Division | — | $207.00M | $270.00M | $339.00M |
| Energy & Mobility Infrastructure Division | $191.00M | — | — | — |
| Airports Division | $54.00M | $80.00M | $91.00M | $111.00M |
| Service Division | $2.00M | — | — | — |
| Adjustments | -$220.00M | — | — | — |
| Revenue Adjustments | — | -$233.00M | -$224.00M | -$310.00M |
| Total | $7.55B | $8.52B | $9.15B | $9.63B |
Ferrovial brought in $9.63B from its six segments in fiscal 2025, the year ended December 31, 2025. That was up 5.2% from $9.15B in fiscal 2024. Construction Division was the largest at $7.65B (79.5%), ahead of Toll Roads Division at $1.37B (14.3%) and Corporation Division at $460.00M (4.8%). The other two segments brought in $450.00M combined.
Compared with fiscal 2024, Energy & Mobility Infrastructures Division grew fastest, up 25.6% to $339.00M, while Corporation Division fell the most, down 11.4% to $460.00M.
Ferrovial began breaking out Energy & Mobility Infrastructures Division in fiscal 2023 and Revenue Adjustments in fiscal 2023. Ferrovial stopped reporting Energy & Mobility Infrastructure Division ($191.00M in fiscal 2022) and Service Division ($2.00M in fiscal 2022) as separate segments. The total is net of Revenue Adjustments, which took $310.00M off revenue in fiscal 2025.
United States was Ferrovial’s largest region in fiscal 2025, bringing in $3.49B of $9.63B (36%).
| Geography | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| United States | $2.91B | $2.88B | $3.27B | $3.49B |
| Poland | $1.84B | $2.16B | $2.12B | $2.23B |
| Spain | $1.15B | $1.48B | $1.58B | $1.89B |
| Other Countries | $841.00M | $1.07B | $1.12B | $848.00M |
| United Kingdom | $708.00M | $771.00M | $809.00M | $804.00M |
| Canada | $100.00M | $161.00M | $246.00M | $371.00M |
| Total | $7.55B | $8.52B | $9.15B | $9.63B |
Ferrovial brought in $9.63B from its six regions in fiscal 2025, the year ended December 31, 2025. That was up 5.2% from $9.15B in fiscal 2024. United States was the largest at $3.49B (36.2%), ahead of Poland at $2.23B (23.1%) and Spain at $1.89B (19.6%). The other three regions brought in $2.02B combined.
Compared with fiscal 2024, Canada grew fastest, up 50.8% to $371.00M, while Other Countries fell the most, down 24.2% to $848.00M. From fiscal 2022 to 2025, combined revenue from these regions grew from $7.55B to $9.63B, a compound annual growth rate of 8.4%. United States' share of the total fell from 38.5% to 36.2%.
External Sales was Ferrovial’s largest revenue line in fiscal 2025, bringing in $9.45B of $9.63B (98%).
| Sales channels [axis] | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| External Sales | $6.60B | $8.10B | $8.87B | $9.45B |
| Intersegment Sales | $951.00M | $413.00M | $283.00M | $177.00M |
| Total | $7.55B | $8.52B | $9.15B | $9.63B |
Ferrovial brought in $9.63B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 5.2% from $9.15B in fiscal 2024. External Sales was the largest at $9.45B (98.2%), ahead of Intersegment Sales at $177.00M (1.8%).
From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $7.55B to $9.63B, a compound annual growth rate of 8.4%. External Sales' share of the total rose from 87.4% to 98.2%.
Ferrovial (FER) reports its revenue by segments [axis], by geography and by sales channels [axis]. In fiscal 2025, Construction Division was its largest segment, bringing in $7.65B (79.5% of the total), followed by Toll Roads Division at $1.37B (14.3%).
Construction Division was Ferrovial's largest segment in fiscal 2025, bringing in $7.65B, or 79.5% of the $9.63B total across its six segments.
United States was Ferrovial's largest region in fiscal 2025, bringing in $3.49B, or 36.2% of the $9.63B total across its six regions.
External Sales was Ferrovial's largest revenue line in fiscal 2025, bringing in $9.45B, or 98.2% of the $9.63B total across its two revenue lines.
Among Ferrovial's segments that make up at least 2% of revenue, Energy & Mobility Infrastructures Division grew fastest in fiscal 2025, up 25.6% from $270.00M to $339.00M.
Every figure comes from Ferrovial's annual financial filings, as reported. Each line keeps the name Ferrovial gives it, and years follow its fiscal calendar.
Ferrovial's revenue by segments [axis] goes back to fiscal 2022, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.