Acerinox

Acerinox

ACX · MC · Basic Materials / Steel

15.80EUR-0.15 (-0.94%)

Price History

Full chart

Market Stats

Previous Close15.95
Open15.80
Day Range15.72 – 15.95
52-Week Range10.56 – 18.58
Volume938.57K
Market Cap4.30B
P/E (TTM)78.50
Forward P/E5.64
EPS0.22
Dividend Yield3.59%
Beta1.09
50-Day Avg17.69
200-Day Avg14.96

About

Acerinox, S.A., together with its subsidiaries, manufactures and distributes stainless steel and high-performance alloys in Spain, the United States, Africa, Asia, rest of Europe, and internationally. It operates through Stainless Steel and High-Performance Alloys segments. The company offers flat products, including slab, billet, black coil, plate, engraved coil/sheet, cold rolled coil and sheet, hot rolled coil and sheet, and circles; and stainless steel grades comprising austenitic, ferritic, duplex, and martensitic, as well as wire stainless steels for welding. It also provides long stainless steel products, such as wire, colour coated wire, reinforcement wire, wire rod, hexagonal wire rod, bar, hot rolled and cold rolled reinforcement bar, peeled bar, black bar, profiles, hot rolled reinforcement coil, and angles. In addition, the company offers high performance alloys, including nickel and nickel alloys, cobalt alloys, zirconium, special stainless steels, aluminum and copper, powder for 3D printing, and welding consumables. Its products are used for transport, industrial equipment and engineering, construction and infrastructure, food industry, household appliances and kitchenware, and energy and environmental technology applications. Acerinox, S.A. was incorporated in 1970 and is headquartered in Madrid, Spain.

Company Details

  • SectorBasic Materials
  • IndustrySteel
  • CEOMr. Bernardo Velazquez Herreros
  • Employees9.16K
  • HeadquartersCalle Santiago de Compostela, Madrid, Spain, 28035, Spain
  • Websitehttps://www.acerinox.com

Leadership

  • Mr. Bernardo Velazquez HerrerosCEO & Executive Director · b. 1964
  • Ms. Esther CamósChief Financial Officer
  • Mr. Carlos Lora-TamayoInvestor Relations, Communication, Consolidation & Reporting Director
  • Mr. Jose Manuel GarcelanCompliance Director
  • Mr. Alexander KolbGeneral Counsel
  • Ms. Marisa DafauceHuman Resources Director
  • Mr. Miguel Ferrandis TorresChief Corporate Officer
  • Mr. Fernando GutierrezChief Strategy Officer
  • Mr. Carlos RuizDirector of Sustainability
  • Mr. Wiebe WiechersChief Development Officer · b. 1980

Financials

Income Statement

Currency: EUR2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.96B1.82B2.50B2.91B4.04B4.21B5.64B6.90B5.05B2.99B4.50B4.67B4.55B3.97B4.38B4.22B3.97B4.63B5.01B4.75B4.67B6.71B8.69B6.61B5.41B5.78B
Growth (%)--6.92%+37.27%+16.53%+38.72%+4.27%+33.79%+22.42%-26.81%-40.73%+50.35%+3.82%-2.52%-12.92%+10.44%-3.63%-6.00%+16.60%+8.30%-5.13%-1.80%+43.64%+29.57%-23.95%-18.08%+6.79%
Cost of Revenue-1.20B--2.92B3.09B3.78B5.43B4.09B2.48B3.29B3.50B3.42B2.84B3.12B3.07B2.76B3.21B3.51B3.33B3.85B5.04B6.45B4.43B3.55B4.74B
Gross Profit--1.20B--1.11B1.13B1.37B1.47B961.21M517.44M1.21B1.19B1.14B1.12B1.33B1.22B1.27B1.50B1.50B1.42B816.63M1.66B2.24B2.18B1.86B1.04B
Gross Margin--65.88%--27.52%26.76%24.25%21.27%19.03%17.29%26.79%25.40%24.98%28.32%30.41%28.90%31.99%32.41%29.95%29.97%17.49%24.77%25.74%33.01%34.36%18.03%
Operating Expense-357.79M--1.62B1.39B508.72M941.52M913.24M836.60M973.44M994.39M1.09B1.04B1.03B1.10B1.11B1.18B1.19B1.40B653.51M851.50M1.36B1.81B1.51B894.20M
Operating Income406.01M-1.56B294.50M-2.89B-503.37M-257.93M858.41M526.25M47.97M-319.16M232.15M192.44M47.74M88.28M297.69M120.89M157.44M317.95M312.10M22.65M163.13M809.71M875.77M374.15M348.10M147.88M
Operating Margin20.75%-85.52%11.78%-99.05%-12.46%-6.12%15.23%7.63%0.95%-10.66%5.16%4.12%1.05%2.23%6.80%2.86%3.97%6.87%6.23%0.48%3.49%12.07%10.08%5.66%6.43%2.56%
EBITDA-113.38M-328.54M-355.19M-111.94M1.01B679.78M186.55M-178.24M392.44M343.07M193.15M233.82M455.92M291.75M341.04M510.56M513.98M232.72M401.07M994.38M1.09B627.52M609.63M343.35M
EBITDA Margin-6.23%-11.28%-8.79%-2.66%17.90%9.85%3.69%-5.95%8.72%7.34%4.24%5.90%10.41%6.91%8.59%11.03%10.26%4.90%8.59%14.83%12.57%9.50%11.26%5.94%
Net Income287.52M86.46M175.47M120.50M332.76M152.90M531.46M314.99M-8.95M-239.98M117.26M73.73M-21.78M22.07M136.33M42.89M80.32M234.14M237.09M-59.55M49.05M571.88M556.05M228.13M224.95M-40.07M
Net Income Margin14.69%4.75%7.02%4.14%8.23%3.63%9.43%4.56%-0.18%-8.02%2.61%1.58%-0.48%0.56%3.11%1.02%2.02%5.06%4.73%-1.25%1.05%8.53%6.40%3.45%4.16%-0.69%
R&D----2.26M2.20M2.66M3.04M3.03M2.26M2.73M2.40M1.61M953.00K16.10M16.49M15.64M13.60M9.55M12.04M18.21M16.08M17.66M18.26M19.35M25.53M
R&D as % of Total Revenue----0.06%0.05%0.05%0.04%0.06%0.08%0.06%0.05%0.04%0.02%0.37%0.39%0.39%0.29%0.19%0.25%0.39%0.24%0.20%0.28%0.36%0.44%
Interest Expense015.34M024.55M12.11M4.50M76.91M92.51M81.43M45.26M52.07M63.63M68.86M65.66M61.80M51.17M42.14M42.59M38.17M38.53M48.83M49.55M68.21M104.97M111.02M95.91M
Interest Expense % of Total Revenue0.00%0.84%0.00%0.84%0.30%0.11%1.36%1.34%1.61%1.51%1.16%1.36%1.51%1.66%1.41%1.21%1.06%0.92%0.76%0.81%1.05%0.74%0.79%1.59%2.05%1.66%

Balance Sheet

Currency: EUR2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.92B1.92B2.59B3.04B3.44B3.65B4.86B4.45B3.73B3.62B4.24B4.07B4.22B3.99B4.43B4.13B4.46B4.40B4.61B4.40B4.73B5.98B6.32B6.10B6.47B5.69B
Total Liabilities680.85M664.62M877.88M1.27B1.53B1.60B2.58B2.14B1.71B1.87B2.32B2.19B2.50B2.44B2.57B2.10B2.29B2.43B2.49B2.47B3.12B3.77B3.77B3.64B3.89B3.57B
Total Equity1.22B1.25B1.60B1.66B1.61B1.84B2.07B2.21B1.94B1.64B1.78B1.72B1.57B1.44B1.74B1.93B2.08B1.90B2.06B1.87B1.57B2.16B2.47B2.41B2.53B2.06B
Cash37.65M22.56M16.80M13.04M32.86M81.29M43.68M167.27M79.67M73.30M113.57M164.63M582.67M629.60M738.37M479.95M598.47M620.54M850.11M876.93M917.12M1.27B1.55B1.79B1.26B969.89M
Total Debt----706.85M909.89M1.11B1.09B1.02B604.63M1.20B1.05B1.16B1.16B1.35B1.19B1.22B1.23B1.40B1.37B1.69B1.87B2.00B2.15B2.40B2.20B
Net Debt--22.56M--13.04M673.99M828.60M1.06B922.61M938.84M531.33M1.08B886.60M581.54M529.33M615.72M710.75M619.95M609.22M552.07M494.63M772.24M578.22M440.48M360.03M1.14B1.23B

Cash Flow

Currency: EUR2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow----187.24M237.82M-195.78M619.13M495.95M188.59M355.54M438.08M565.46M259.28M49.88M17.42M268.79M365.85M326.40M358.72M420.55M387.81M544.08M481.48M293.67M455.83M
Investing Cash Flow-----167.98M-246.40M-185.97M-202.69M-327.96M-228.41M-234.19M-181.33M-150.71M-162.12M-77.28M-67.58M-157.31M-184.57M-155.33M-127.77M-372.48M-90.44M-125.50M-174.70M-896.46M-242.62M
Financing Cash Flow----3.44M52.83M349.89M-290.99M-263.41M33.47M-88.57M-206.12M5.23M-28.26M95.04M-225.28M-7.57M-97.19M41.68M-220.05M67.50M10.31M-216.03M-5.57M-36.03M-388.19M
Capital Expenditure151.28M276.20M187.65M280.92M169.01M199.63M174.41M209.70M334.93M231.09M224.25M181.20M152.82M164.51M78.89M70.12M163.02M185.58M146.15M145.66M101.43M102.14M136.72M174.90M204.78M304.95M
Free Cash Flow----18.24M38.19M-370.19M409.42M161.02M-42.50M131.29M256.88M412.64M94.77M-29.00M-52.69M105.76M180.27M180.25M213.07M319.11M285.67M407.37M306.58M88.89M150.88M
Dividends Paid56.30M46.24M49.33M54.80M54.80M57.77M67.47M93.14M89.48M87.30M87.26M87.26M87.26M347.39M56.13M47.84M26.75M124.23M124.23M81.14M108.22M135.23M129.85M149.56M154.54M154.58M
FCF to OCF----9.74%16.06%189.09%66.13%32.47%-22.54%36.93%58.64%72.97%36.55%-58.14%-302.42%39.35%49.27%55.22%59.40%75.88%73.66%74.87%63.67%30.27%33.10%
Dividend Paid to FCF----300.48%151.29%-18.23%22.75%55.57%-205.40%66.46%33.97%21.15%366.57%-193.54%-90.78%25.29%68.91%68.92%38.08%33.91%47.34%31.88%48.78%173.86%102.45%

Earnings

Report DateFeb 23, 2006Jul 20, 2006Nov 7, 2006Feb 28, 2007May 7, 2007Jul 20, 2007Oct 24, 2007Apr 22, 2008Jul 21, 2008Oct 23, 2008May 4, 2009Jul 29, 2009Oct 28, 2009Feb 26, 2010Apr 27, 2010Jul 27, 2010Oct 27, 2010Feb 25, 2011May 3, 2011Jul 29, 2011Oct 28, 2011Feb 29, 2012Apr 27, 2012Jul 25, 2012Oct 25, 2012Mar 6, 2013Apr 23, 2013Jul 23, 2013Oct 31, 2013Feb 27, 2014Apr 23, 2014Jul 21, 2014Oct 30, 2014Feb 26, 2015Apr 23, 2015Jul 30, 2015Oct 30, 2015Feb 29, 2016Apr 28, 2016Jul 27, 2016Oct 26, 2016Mar 1, 2017Apr 27, 2017Jul 27, 2017Oct 31, 2017Feb 28, 2018Apr 27, 2018Jul 27, 2018Oct 26, 2018Feb 28, 2019May 13, 2019Jul 26, 2019Nov 4, 2019Feb 28, 2020Apr 24, 2020Jul 29, 2020Oct 26, 2020Feb 26, 2021May 11, 2021Jul 29, 2021Nov 3, 2021Feb 27, 2022May 11, 2022Jul 28, 2022Oct 27, 2022Feb 28, 2023Apr 26, 2023Jul 26, 2023Nov 2, 2023Feb 29, 2024Apr 24, 2024Jul 23, 2024Oct 29, 2024May 8, 2025Jul 23, 2025Oct 30, 2025Feb 25, 2026May 7, 2026Oct 30, 2026
EPS Estimate0.090.370.45-0.780.630.180.200.400.06-0.36-0.39--0.060.290.14-0.250.210.06-0.130.06-0.05-0.06-0.01-0.050.02-0.190.140.110.140.130.05-0.06-0.050.040.130.140.240.220.050.190.220.240.270.120.080.140.130.110.090.030.070.090.260.370.570.700.791.090.540.200.360.530.300.250.200.230.210.170.180.140.090.12-
EPS Actual-0.160.130.650.890.810.780.050.260.34-0.11-0.37-0.640.080.030.040.280.070.100.270.140.00-0.120.120.04-0.13-0.110.060.00-0.030.060.100.200.220.100.110.13-0.03-0.49-0.030.060.130.130.350.200.020.280.210.290.300.270.120.140.16-0.640.140.110.140.070.290.460.630.730.981.340.51-0.150.520.550.28-0.470.210.250.190.04-0.110.10-0.190.02-
Surprise-277.78%-64.86%44.44%-3.85%23.81%-72.22%30.00%-15.00%-283.33%-2.78%-64.10%---33.33%-3.45%-50.00%-8.00%-33.33%-93.50%--7.69%-33.33%-160.00%-83.33%--68.00%40.00%200.00%-5.26%57.14%-9.09%-21.43%0.00%-160.00%-716.67%40.00%50.00%0.00%-7.14%45.83%-9.09%-60.00%47.37%-4.55%20.83%11.11%125.00%50.00%0.00%23.08%-681.82%55.56%266.67%100.00%-22.22%11.54%24.32%10.53%4.29%24.05%22.94%-5.56%-175.00%44.44%3.77%-6.67%-288.00%5.00%8.70%-9.52%-76.47%-161.11%-28.57%-311.11%-83.33%-
TimingPre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hours-After-hoursPre-marketPre-market-Pre-marketPre-marketPre-market-After-hoursPre-marketAfter-hoursAfter-hours-Pre-marketPre-marketPre-market-Pre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap4.30B
Enterprise Value5.72B
Trailing P/E78.50
Forward P/E5.64
PEG Ratio0.40
Price / Sales0.76
Price / Book2.06
EPS0.22
Book Value8.49
Revenue (TTM)5.70B
Gross Profit (TTM)2.02B
EBITDA391.36M
Profit Margin0.95%
Operating Margin7.77%
Return on Equity1.55%
Return on Assets2.14%
Shares Outstanding249.16M
Shares Float177.87M
Beta1.09
Dividend Yield3.59%
Dividend Rate0.62
Payout Ratio281.82%

Dividends

20262×
0.31Jul 15, 20260.31Jan 21, 2026
20252×
0.31Jul 16, 20250.31Jan 22, 2025
20242×
0.31Jul 17, 20240.31Jan 24, 2024
20232×
0.30Jul 13, 20230.30Jan 25, 2023
20221×
0.50Jul 1, 2022
20211×
0.50Jun 1, 2021
20203×
0.10Dec 1, 20200.40Nov 30, 20200.10Jul 6, 2020
20192×
0.20Jul 3, 20190.30Jun 3, 2019
20181×
0.45Jul 3, 2018
20171×
0.45Jul 3, 2017
20161×
0.44Jun 22, 2016
20151×
0.45Jun 17, 2015
20141×
0.45Jun 24, 2014
20131×
0.43Jun 14, 2013
20123×
0.10Oct 5, 20120.15Jul 5, 20120.10Apr 4, 2012

Stock Splits

  • Jul 26, 20044:1