Iberdrola raised its 2026 net profit growth guidance from above 8% to above 10%, close to our 9.5% estimate. Nine-month adjusted EBITDA grew 7.5%, in line with the first half. Adjusted net profit grew 9% to EUR 5.14 billion.
Iberdrola has one of the best track records among European diversified utilities. It managed to shift from a Spanish domestic utility to one of the largest international utilities thanks to successful acquisitions.
Rising grid investments inflate electricity bills in the UK, fueling public anger. A victory for the Reform UK party could lead to unfavorable regulations and lower allowable investments under RII0-ED2 starting in 2028.
|
Metric
|
IBE
|
EDP
|
ENEL
|
|---|---|---|---|
Price/Earnings (Normalized) | 25.80 | 15.90 | 25.76 |
Price/Book Value | 2.51 | 1.71 | 3.70 |
Price/Sales | 3.40 | 1.24 | 1.36 |
Price/Cash Flow | 11.88 | 5.25 | 6.05 |
|
Metric
|
IBE
|
EDP
|
ENEL
|
|---|---|---|---|
Quick Ratio | 0.62 | 0.89 | 0.47 |
Current Ratio | 0.74 | 1.09 | 0.72 |
Interest Coverage | 4.42 | 2.20 | 3.82 |
|
Metric
|
IBE
|
EDP
|
ENEL
|
|---|---|---|---|
Return on Assets (Normalized) | 4.04% | 2.79% | 3.87% |
Return on Equity (Normalized) | 11.67% | 13.53% | 28.01% |
Return on Invested Capital (Normalized) | 6.82% | 5.64% | 7.56% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Iberdrola SA
IBDSF
| — | LOCK|?l | $163B | |||
| Iberdrola SA ADR
IBDRY
| LOCK|>^jZYf | LOCK|^FM | $163B | |||
| Enel SpA
ESOCF
| LOCK|lHBv>< | LOCK|JT | $103B | |||
| Enel SpA ADR
ENLAY
| LOCK|y<%G??& | LOCK|$r | $103B | |||
| Engie SA ADR
ENGIY
| LOCK|d<Lpg# | LOCK|S@x | $66B | |||
| Engie SA
ENGQF
| — | LOCK|bh | $66B | |||
| Sempra
SRE
| LOCK|MG^>wW! | LOCK|<>NYb | $55B | |||
| E.ON SE ADR
EONGY
| LOCK|Fb^^f! | LOCK|G%%? | $54B | |||
| E.ON SE
ENAKF
| — | LOCK|$KGJ | $54B | |||
| The AES Corp
AES
| LOCK|G&#XXHR | LOCK|WCZ | $11B |
United States