Acciona Energía (ANE): analysis in plain words
Is Acciona Energía cheap or expensive? How it makes money, whether it grows and its risks, explained in plain words and with its official accounts.
Acciona Energía (ANE) is listed on the Madrid Stock Exchange and we classify it in utilities and renewables. Below are its key dated figures, how it makes money, how it compares with its sector, what works for and against Acciona Energía according to those figures, and the questions people ask most about the stock. No buy or sell tips.
Acciona Energía (ANE) key figures as of November 4, 2026
| Figure | Value | What it measures |
|---|---|---|
| Share price | €21.78 | Last price on November 4, 2026 |
| P/E ratio (TTM) | 38.2x | Price over earnings per share |
| Revenue growth | -34.4% | Latest quarter vs the same quarter a year earlier |
| Net margin (TTM) | 5.5% | Profit for every 100 of sales |
| Net debt / EBITDA | 5.1x | Years of operating profit to repay debt |
| Dividend yield | 0.14% | Annual dividend over price |
| Market cap | €7.1 billion | What the stock market values it at |
The Acciona Energía figures come from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026. Any ANE figure that is not available shows as N/A: we do not estimate it.
How Acciona Energía makes money
Acciona Energía, a subsidiary of Acciona, generates electricity from wind farms, solar plants and hydro stations in Spain and countries such as the US, Mexico, Chile and Australia. It earns by selling that power on wholesale markets and through long-term contracts with companies, and also supplies electricity and energy services.
Over the last 12 months, Acciona Energía brought in revenue of €3.3 billion. For every 100 it sells, Acciona Energía keeps 56.8 after the direct cost of what it sells (gross margin) and 7.1 after all operating costs (operating margin).
Acciona Energía against its sector
To know whether a Acciona Energía figure is high or low you have to put it next to similar companies. This table compares Acciona Energía with the median of the 14 utilities and renewables companies Fintols covers, with data as of November 4, 2026.
| Figure | Acciona Energía | utilities and renewables median |
|---|---|---|
| P/E | 38.2x | 19.9x (14) |
| Revenue growth | -34.4% | +8.8% (14) |
| Net margin | 5.5% | 14.5% (14) |
| Dividend yield | 0.14% | 3.16% (14) |
| Net debt / EBITDA | 5.1x | 4.6x (14) |
In short, against the typical utilities and renewables company, Acciona Energía trades on a higher P/E, grows more slowly and earns a thinner margin. By size, Acciona Energía ranks number 6 of 8 utilities and renewables companies quoted in EUR on Fintols.
The bull case for Acciona Energía
What works in favour of Acciona Energía, according to its figures as of November 4, 2026:
- Analysts expect Acciona Energía earnings to rise: its P/E on the next 12 months of estimated earnings is 29.8x, below the current 38.2x.
The main risk for Acciona Energía
Acciona Energía sales fell 34.4% in the latest quarter against the same quarter a year earlier: if the decline drags on, profit usually follows.
On top of that: the price already assumes a lot: Acciona Energía trades at 38.2x its last 12 months of earnings, against 19.9x for the utilities and renewables median. If growth disappoints, the multiple can shrink and the share price with it.
And, like the rest of utilities and renewables, Acciona Energía is exposed to interest rates (it funds grids and plants with a lot of debt) and changes in how its tariffs are regulated.
Frequently asked questions about Acciona Energía
Is it a good time to buy Acciona Energía stock?
Fintols does not tell you whether to buy or sell Acciona Energía, and nobody knows what the price will do tomorrow. What we can show you is where it stands today. As of November 4, 2026, Acciona Energía stock trades at €21.78, 13% below its 52-week high (€25.16) and 14% above its low (€19.12). Its P/E is 38.2x against a utilities and renewables median of 19.9x, and 29.8x on the earnings analysts expect over the next 12 months. With Acciona Energía, as with any stock, timing matters less than understanding the business, investing for the long run and not betting everything on a single company.
Does Acciona Energía pay a dividend?
Yes. As of November 4, 2026, Acciona Energía pays €0.03 per share a year, which at today's price is a yield of 0.14%. It uses 5% of its profit to pay it, which leaves room to keep paying it if profit dips.
Is Acciona Energía stock expensive?
It depends on what you compare it with. On P/E, Acciona Energía trades at 38.2x its last 12 months of earnings: more expensive than the utilities and renewables median (19.9x). Including its debt, Acciona Energía is valued at 12.7x its EBITDA (EV/EBITDA). A high P/E alone does not make Acciona Energía expensive: it can be justified if earnings grow fast, and a low one can reflect a business in trouble.
Who are Acciona Energía's competitors?
On Fintols we compare Acciona Energía with Naturgy, Redeia and Enagás, which are also in utilities and renewables. As of November 4, 2026, Naturgy is worth €27.3 billion and trades on a P/E of 13.6; Redeia is worth €8.4 billion and trades on a P/E of 16.6; Enagás is worth €4.6 billion and trades on a P/E of 13.0. Each has a side-by-side comparison with Acciona Energía below.
Acciona Energía competitors
- Naturgy (NTGY) analysis · Acciona Energía vs Naturgy comparison
- Redeia (RED) analysis · Acciona Energía vs Redeia comparison
- Enagás (ENG) analysis · Acciona Energía vs Enagás comparison
To understand Acciona Energía better
- Dividend Growth Investing: FCF Payout Ratio and Compounding
- How to Read a Balance Sheet: A Beginner's Guide
More companies like Acciona Energía: utilities and renewables stocks and IBEX 35 companies. Open the full ANE analysis with its valuation and scenarios. Educational content about Acciona Energía, not investment advice.