Ferrovial publishes January-September 2026 operating results report
FER•Ferrovial’s sales rose 7.1% to €7.4 billion in January-September 2026, while adjusted EBITDA increased 17.4% to €1.21 billion. Its construction backlog reached a record €18.99 billion.
1. Operating results
Ferrovial’s January-September sales rose 7.1% to €7.4 billion, supported by U.S. managed lanes and construction. Adjusted EBITDA increased 17.4% to €1.21 billion, with comparable growth of 21.8%.
2. Business segments
Toll-road sales climbed 11% to €1.13 billion and adjusted EBITDA rose 8.7% to €816 million. Construction sales increased 7.6% to €5.83 billion, while its adjusted operating margin improved to 4.1% from 3.7%.
3. Backlog and liquidity
The construction backlog reached a record €18.99 billion. Liquidity excluding infrastructure projects stood at €5.07 billion.
