profit from every €100 of sales.

Acerinox
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.
It has no yearly profit to compare the price with.
of earnings would pay off all its debt.
Money in, money out
What Acerinox sold, what it kept, and what it did with the cash.
Sales went from €8.69 billion in 2022 to €5.78 billion in 2025, with -€40.1 million of profit last year.
Acerinox handed back more cash to shareholders than it generated last year.
Acerinox vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
Acerinox | No profit yet | ||
Nucor | 33.7× · Expensive | ||
ArcelorMittal | 15.8× · Fair price | ||
JSW Steel | 14.8× · Cheap | ||
Steel Dynamics | 28.7× · Fair price |
AI analysis
An AI analyst reads Acerinox'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 |
|---|---|---|---|---|
| 8,688 | 6,608 | 5,413 | 5,781 | |
| 3,083 | 2,182 | 1,860 | 2,062 | |
| 1,074 | 557 | 208 | 159 | |
| 1,087 | 628 | 610 | 379 | |
| 556 | 228 | 225 | -40 | |
| 2.16 | 0.92 | 0.90 | -0.16 | |
| 35.5% | 33.0% | 34.4% | 35.7% | |
| 12.4% | 8.4% | 3.8% | 2.7% | |
| 6.4% | 3.5% | 4.2% | -0.7% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 6,318 | 6,099 | 6,467 | 5,621 |
| Cash | 1,548 | 1,794 | 1,263 | 970 |
| Total debt | 1,989 | 2,135 | 2,383 | 2,158 |
| Total liabilities | 3,770 | 3,636 | 3,892 | 3,523 |
| 2,474 | 2,408 | 2,527 | 2,064 | |
| 258 | 249 | 249 | 249 | |
| 15.0% | 7.5% | 6.9% | 3.3% | |
| 22.5% | 9.5% | 8.9% | -1.9% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 544 | 481 | 294 | 455 | |
| 137 | 175 | 205 | 310 | |
| 407 | 307 | 89 | 146 | |
| Dividends paid | 130 | 150 | 155 | 155 |
| 206 | 2 | 1 | 1 | |
| – | – | – | – |
Valuation
- –
- –
- –
- 2.0×
- 0.7×
- 27.3×
- 13.6×
- 3.7%
- -1.0%
- 3.9%
Profitability
- 35.7%
- 2.7%
- -0.7%
- –
- 3.3%
- 8.2%
- –
- –
- –
- –
Growth
- −12.7%
- –
- –
- –
- −1.1%
Financial health
- 3.1×
- 1.05
- –
- 2.0×
- 1.89
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
: 106.1%
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
0/7Passes 0 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.
Questions about Acerinox
Is Acerinox a good stock to buy?
A business with weak numbers that is not profitable yet. 0 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 Acerinox AI analysis
What does Acerinox do?
Acerinox, S.A., together with its subsidiaries, manufactures and distributes stainless steel and high-performance alloys in Spain, the United States, Africa, Asia, rest of Europe, and internationally. It operates through Stainless Steel and High-Performance Alloys segments. It is in Steel, based in Madrid, Spain, with 9,094 employees.
Does Acerinox pay a dividend?
Yes. At today's price the dividend is 3.9% a year. In 2025 it paid out €155 million in dividends.
Is Acerinox stock halal?
No. Acerinox does not pass our halal screen: its debt is 54% of its market value, at or above the 33% limit. How we check
Who are Acerinox's competitors?
The largest listed companies in the same industry are Nucor, ArcelorMittal, JSW Steel and Steel Dynamics. The peers table on this page compares their profit, growth and price with Acerinox's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



