Ferrovial reports 21.8% EBITDA growth in first nine months of 2026
Ferrovial posted revenue growth of 10.8% and double-digit EBITDA gains for the first nine months of 2026, driven by North American toll road performance.
Ferrovial reported a 21.8% increase in adjusted EBITDA for the first three quarters of 2026, alongside a 10.8% rise in like-for-like revenue. The growth trajectory highlights the company's focus on infrastructure assets in the North American market, where toll road operations continue to provide steady cash flow.
The construction division surpassed its long-term profitability targets during this period. Management attributed the results to a stabilized order book, which has allowed for more consistent project execution and margin management compared to previous fiscal years.
Looking ahead, the company continues to evaluate Public-Private Partnership (P3) opportunities within the United States. These projects remain central to the firm's strategy of deploying capital into long-term infrastructure assets to offset the cyclical nature of its construction contracts.