Financials VINCI

Equities

Market Closed - Euronext Paris Other stock markets 11:55:00 2026-01-14 EST			After hours 12:58:28
116.75 ^EUR	+0.17%		116.70	-0.04%

03:35am	Vinci Wins Contract to Renovate A Waste Treatment Plant Near Paris	CI
03:31am	Vinci Unit Consortium Lands EUR237 Million Waste Treatment Renovation Plant in France	MT

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	43,234	49,396	61,675	68,838	71,623	74,026	76,042	78,497
Change	-	14.25%	24.86%	11.61%	4.05%	3.36%	2.72%	3.23%
EBITDA ¹	5,919	7,884	10,215	11,964	12,689	13,406	13,891	14,473
Change	-	33.2%	29.57%	17.12%	6.06%	5.65%	3.61%	4.19%
EBIT ¹	2,859	4,723	6,824	8,357	8,997	9,439	9,817	10,273
Change	-	65.2%	44.48%	22.46%	7.66%	4.92%	4%	4.64%
Interest Paid ¹	-636	-618	-614	-894	-1,191	-1,306	-1,206	-1,105
Earnings before Tax (EBT) ¹	1,823	3,820	6,154	7,019	7,375	8,041	8,541	9,082
Change	-	109.54%	61.1%	14.06%	5.07%	9.02%	6.22%	6.33%
Net income ¹	1,242	2,597	4,259	4,702	4,863	4,886	5,419	5,856
Change	-	109.1%	64%	10.4%	3.42%	0.46%	10.93%	8.06%
Announcement Date	2/5/21	2/4/22	2/9/23	2/7/24	2/6/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	12,286	12,455	10,178	12,429	13,238	13,551	12,847	15,670	16,703	16,455	15,002	17,363	18,272	18,201	15,725	18,050	18,529	19,318	16,320	18,532	19,401	8,474
Change	-	1.38%	-18.28%	22.12%	6.51%	2.36%	-5.2%	21.97%	6.59%	-1.48%	-8.83%	15.74%	5.24%	-0.39%	-13.6%	14.79%	2.65%	4.26%	-15.52%	13.55%	4.69%	-56.32%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	10/20/20	2/5/21	4/22/21	7/30/21	10/19/21	2/4/22	4/21/22	7/29/22	10/25/22	2/9/23	4/25/23	7/28/23	10/26/23	2/7/24	4/25/24	7/25/24	10/24/24	2/6/25	4/24/25	7/30/25	10/23/25	-

¹EUR in Million

Estimates

Fiscal Period: December	2021 S1	2021 S2	2022 S1	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2	2025 S1	2025 S2
Net sales ¹	22,607	26,789	28,517	33,158	32,365	36,473	33,775	37,868	34,852	39,026
Change	-	18.5%	6.45%	16.27%	-2.39%	12.69%	-7.4%	12.12%	-7.96%	11.98%
EBITDA ¹	-	4,752	4,526	5,689	5,309	6,655	5,673	7,016	6,129	7,308
Change	-	-	-4.76%	25.7%	-6.68%	25.35%	-14.76%	23.67%	-12.64%	19.24%
EBIT ¹	1,598	3,125	2,890	3,934	3,393	4,964	3,712	5,285	3,960	5,379
Change	-	95.56%	-7.52%	36.12%	-13.75%	46.3%	-25.22%	42.38%	-25.07%	35.83%
Charge d'intérêts ¹	-319	-299	-265	-349	-340	-554	-554	-637	-627	-486
Earnings before Tax (EBT) ¹	1,165	2,655	-	-	3,053	3,966	3,041	4,334	3,289	4,683
Change	-	127.9%	-	-	-	29.91%	-23.32%	42.52%	-24.11%	42.38%
Net income ¹	682	1,915	1,900	2,359	2,089	2,613	1,995	2,868	1,896	3,219
Change	-	180.79%	-0.78%	24.16%	-11.45%	25.08%	-23.65%	43.76%	-33.89%	69.78%
Announcement Date	7/30/21	2/4/22	7/29/22	2/9/23	7/28/23	2/7/24	7/25/24	2/6/25	7/30/25	-

¹EUR in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	17,989	19,266	18,536	16,126	20,415	20,189	18,873	17,085
Change	-	7.1%	-3.79%	-13%	26.6%	-1.11%	-6.52%	-9.47%
Announcement Date	2/5/21	2/4/22	2/9/23	2/7/24	2/6/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	2,079	1,892	3,292	3,140	4,161	4,388	4,506	4,537
Change	-	-8.99%	74%	-4.62%	32.52%	5.45%	2.71%	0.68%
Free Cash Flow (FCF) ¹	3,990	5,282	4,146	6,628	6,808	5,101	4,989	5,446
Change	-	32.38%	-21.51%	59.86%	2.72%	-25.07%	-2.18%	9.15%
Announcement Date	2/5/21	2/4/22	2/9/23	2/7/24	2/6/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	13.69%	15.96%	16.56%	17.38%	17.72%	18.11%	18.27%	18.44%
EBIT Margin (%)	6.61%	9.56%	11.06%	12.14%	12.56%	12.75%	12.91%	13.09%
EBT Margin (%)	4.22%	7.73%	9.98%	10.2%	10.3%	10.86%	11.23%	11.57%
Net margin (%)	2.87%	5.26%	6.91%	6.83%	6.79%	6.6%	7.13%	7.46%
FCF margin (%)	9.23%	10.69%	6.72%	9.63%	9.51%	6.89%	6.56%	6.94%
FCF / Net Income (%)	321.26%	203.39%	97.35%	140.96%	140%	104.41%	92.07%	92.99%
Profitability
ROA	1.97%	2.72%	4%	4.08%	3.92%	3.74%	4.86%	5.1%
ROE	6.01%	11.83%	17.45%	17.4%	16.75%	15.49%	16.17%	16.41%
Financial Health
Leverage (Debt/EBITDA)	3.04x	2.44x	1.81x	1.35x	1.61x	1.51x	1.36x	1.18x
Debt / Free cash flow	4.51x	3.65x	4.47x	2.43x	3x	3.96x	3.78x	3.14x
Capital Intensity
CAPEX / Current Assets (%)	4.81%	3.83%	5.34%	4.56%	5.81%	5.93%	5.93%	5.78%
CAPEX / EBITDA (%)	35.12%	24%	32.23%	26.25%	32.79%	32.73%	32.44%	31.35%
CAPEX / FCF (%)	52.11%	35.82%	79.4%	47.37%	61.12%	86.02%	90.32%	83.31%
Items per share
Cash flow per share ¹	11.82	13.56	16.45	13.5	14.33	14.86	16.11	17.82
Change	-	14.65%	21.38%	-17.97%	6.16%	3.69%	8.44%	10.63%
Dividend per Share ¹	2.04	2.9	4	4.5	4.75	4.836	5.322	5.764
Change	-	42.16%	37.93%	12.5%	5.56%	1.8%	10.07%	8.3%
Book Value Per Share ¹	37.12	38.98	45.47	49.48	51.89	57.22	61.46	66.12
Change	-	5.01%	16.64%	8.82%	4.88%	10.28%	7.41%	7.58%
EPS ¹	2.2	4.51	7.47	8.18	8.43	8.504	9.407	10.15
Change	-	105%	65.63%	9.5%	3.06%	0.87%	10.62%	7.95%
Nbr of stocks (in thousands)	562,062	567,846	563,597	570,844	563,091	536,722	536,722	536,722
Announcement Date	2/5/21	2/4/22	2/9/23	2/7/24	2/6/25	-	-	-