profit from every €100 of sales.
€0€100
A2A
€2.30+0.74% today
+0.5% since Dec 21, 25
1-year low €2.201-year high €2.62
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay €9.58 for every €1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What A2A sold, what it kept, and what it did with the cash.
Sales went from €22.9 billion in 2022 to €13.7 billion in 2025, with €750 million of profit last year.
SalesProfit
A2A handed back 16% of the cash it generated last year.
Buybacks €15M
Free cash flow 2025€95M
Bought back its own shares€15M
Paid as dividends–
Cash vs. debt€1.9B vs. €7.3B
A2A vs. similar companies
A2A grows the slowest of these 5 and is the cheapest for its profits.
AI analysis
An AI analyst reads A2A's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 22,938 | 14,492 | 12,570 | 13,739 | |
| 2,438 | 2,901 | 3,352 | 3,232 | |
| 543 | 896 | 1,295 | 1,144 | |
| 1,578 | 1,862 | 2,277 | 2,248 | |
| 401 | 659 | 864 | 750 | |
| 0.13 | 0.21 | 0.28 | 0.24 | |
| 10.6% | 20.0% | 26.7% | 23.5% | |
| 2.4% | 6.2% | 10.3% | 8.3% | |
| 1.7% | 4.5% | 6.9% | 5.5% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 21,367 | 18,798 | 19,983 | 21,383 |
| Cash | 2,394 | 1,629 | 1,549 | 1,879 |
| Total debt | 6,889 | 6,351 | 7,272 | 7,260 |
| Total liabilities | 16,900 | 13,996 | 13,891 | 14,893 |
| 3,899 | 4,240 | 5,534 | 5,917 | |
| 3,133 | 3,133 | 3,133 | 3,131 | |
| 6.0% | 7.6% | 8.3% | 7.5% | |
| 10.3% | 15.5% | 15.6% | 12.7% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,260 | 1,040 | 1,139 | 1,776 | |
| 1,240 | 1,376 | 1,512 | 1,681 | |
| 20 | -336 | -373 | 95 | |
| Dividends paid | – | – | – | – |
| – | – | 0 | 15 | |
| – | – | – | – |
Valuation
- 9.6×
- –
- 0.41
- 1.2×
- 0.5×
- 75.7×
- 5.6×
- 1.3%
- 10.4%
- –
Profitability
- 23.5%
- 8.3%
- 5.5%
- –
- 7.5%
- 7.3%
- –
- –
- –
- –
Growth
- −15.7%
- +23.2%
- –
- –
- −0.0%
Financial health
- 2.4×
- 1.23
- –
- 6.4×
- 1.05
- –
- –
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 25%of 397
Bottom 20%of 392
Top 20%of 363
Bottom 4%of 397
Top 49%of 396
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
39No pass
Benjamin Graham
73Pass
Philip Fisher
45No pass
Peter Lynch
68Pass
Joel Greenblatt
49No pass
Charlie Munger
25No pass
Terry Smith
18No pass
Questions about A2A
Is A2A a good stock to buy?
A business with weak numbers, and the price looks low. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the A2A AI analysis
What does A2A do?
A2A S.p.A. engages in the production, sale, and distribution of gas and electricity, and district heating in Italy and internationally. It generates electricity through hydroelectric, thermoelectric, photovoltaic, and wind plants; and sells and distributes gas. It is in Utilities - Diversified, based in Milan, MI, Italy, with 14,959 employees.
Is A2A stock halal?
No. A2A does not pass our halal screen: its debt is 101% of its market value, at or above the 33% limit. How we check
Who are A2A's competitors?
The largest listed companies in the same industry are Iberdrola, Enel SpA, Engie SA and E.ON. The peers table on this page compares their profit, growth and price with A2A's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.