Aena vs Ferrovial (AENA vs FER)
Aena (AENA) vs Ferrovial (FER) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
Aena (AENA) and Ferrovial (FER) are companies from different sectors (travel, leisure and gaming and construction and infrastructure) that many people compare. Here are Aena and Ferrovial side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Aena or Ferrovial.
Aena vs Ferrovial: the figures
| Figure | Aena | Ferrovial |
|---|---|---|
| Share price | €28.18 (November 4, 2026) | €52.50 (November 4, 2026) |
| Market cap | €42.3 billion | €37.7 billion |
| P/E (TTM) | 14.0x | 33.7x |
| Forward P/E | 17.3x | 45.6x |
| Revenue growth (quarter) | +11.5% | +5.2% |
| Net margin (TTM) | 34.3% | 6.1% |
| Net debt / EBITDA | 1.4x | 4.4x |
| Dividend yield | 3.95% | 2.15% |
| Beta | 0.78 | 0.76 |
Aena and Ferrovial figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Aena or Ferrovial figure is not available, and we never estimate it.
3 key differences between Aena and Ferrovial
- Valuation: Ferrovial trades at 33.7x its annual earnings and Aena at 14.0x; the market pays more for each dollar of Ferrovial profit, usually because it expects more growth.
- Profitability: for every 100 of sales, Aena keeps 34.3 as net profit and Ferrovial keeps 6.1.
- Debt: Ferrovial owes 4.4x its annual operating profit (EBITDA), while Aena owes 1.4x its EBITDA.
Aena or Ferrovial: which fits your profile
- If you want growth: Aena is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): Aena pays the higher dividend relative to its price.
- If you prefer caution: Aena has less debt relative to its profit, which usually gives more room in a bad year.
- If price is what matters most to you: Aena trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither Aena nor Ferrovial wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How Aena and Ferrovial make money
Aena (AENA)
Aena runs Spain's airport network, including Madrid-Barajas and Barcelona-El Prat. Its biggest income source is regulated airport charges paid by airlines and passengers, and it also collects rent and commissions from shops, restaurants, parking and car rental companies. Outside Spain it operates London Luton and a group of airports in Brazil. Full Aena analysis.
Ferrovial (FER)
Ferrovial reports four businesses: Toll Roads, such as Toronto's ETR highway and Texas express lanes; Airports, with stakes including Heathrow and a new terminal at New York's JFK; Construction, through units like Budimex in Poland and Webber in the US; and Energy. Construction brings in the most sales, while toll roads produce the most profit. Full Ferrovial analysis.
Frequently asked questions: Aena vs Ferrovial
Is Aena or Ferrovial the better stock?
Choosing between Aena and Ferrovial depends on what you are looking for. Aena is growing faster right now, and Aena trades on the lower P/E. Fintols does not tell you whether to buy Aena or Ferrovial: it shows you the differences so you can decide.
Which pays a higher dividend, Aena or Ferrovial?
As of November 4, 2026, Aena yields 3.95% and Ferrovial yields 2.15%. Also check how much of their profit Aena and Ferrovial pay out: if it is more than they earn, it cannot last.
Which is more expensive, Aena or Ferrovial?
On P/E, Ferrovial (33.7x) is more expensive than Aena (14.0x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both Aena and Ferrovial?
Yes. Many people spread their money across several companies, such as Aena and Ferrovial, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Aena or Ferrovial.
More comparisons with Aena or Ferrovial
More companies like Aena and Ferrovial: travel, leisure and gaming stocks and construction and infrastructure stocks. Educational content about Aena and Ferrovial, not investment advice.