profit from every €100 of sales.
€0€100
ENAV
€5.32+1.14% today
+13.6% since Dec 16, 25
1-year low €4.651-year high €5.61
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 €30.89 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 ENAV sold, what it kept, and what it did with the cash.
Sales went from €907 million in 2022 to €983 million in 2025, with €93.1 million of profit last year.
SalesProfit
ENAV handed back 67% of the cash it generated last year.
€146M
Free cash flow 2025€228M
Bought back its own shares€7M
Paid as dividends€146M
Cash vs. debt€448M vs. €579M
ENAV vs. similar companies
ENAV grows the slowest of these 5 and is the most expensive for its profits.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
| ENAV | 30.9× · Expensive | ||
 Aena S.M.E. | 20.2× · Fair price | ||
 Aeroports de Paris SA | 30.6× · Expensive | ||
 GMR Airports | 6.4× · Cheap | ||
 Shanghai International Airport | 28.6× · Fair price |
AI analysis
An AI analyst reads ENAV'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 |
|---|---|---|---|---|
| 907 | 964 | 1,000 | 983 | |
| 370 | 402 | 413 | 375 | |
| 178 | 201 | 217 | 173 | |
| 284 | 313 | 336 | 280 | |
| 105 | 113 | 126 | 93 | |
| 0.19 | 0.21 | 0.23 | 0.17 | |
| 40.8% | 41.7% | 41.3% | 38.1% | |
| 19.6% | 20.8% | 21.7% | 17.6% | |
| 11.6% | 11.7% | 12.6% | 9.5% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 2,419 | 2,335 | 2,367 | 2,317 |
| Cash | 268 | 225 | 357 | 448 |
| Total debt | 601 | 528 | 590 | 579 |
| Total liabilities | 1,212 | 1,117 | 1,138 | 1,148 |
| 1,206 | 1,218 | 1,228 | 1,168 | |
| 541 | 541 | 541 | 540 | |
| 6.6% | 8.0% | 8.5% | 6.7% | |
| 8.7% | 9.3% | 10.2% | 8.0% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 237 | 211 | 278 | 341 | |
| 98 | 110 | 119 | 113 | |
| 139 | 100 | 159 | 228 | |
| Dividends paid | 58 | 106 | 124 | 146 |
| – | 2 | 0 | 7 | |
| 1 | 1 | 1 | 2 |
Valuation
- 30.9×
- –
- –
- 2.4×
- 2.9×
- 12.6×
- 10.7×
- 7.9%
- 3.2%
- 5.1%
Profitability
- 38.1%
- 17.6%
- 9.5%
- –
- 6.7%
- 7.5%
- –
- –
- –
- –
Growth
- +2.7%
- −3.2%
- –
- –
- −0.1%
Financial health
- 0.5×
- 0.50
- –
- 7.0×
- 1.36
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 42%of 979
Top 18%of 984
Bottom 30%of 862
Bottom 24%of 983
Top 20%of 986
5.1%of the share price, paid each year
On $1,000 invested$51a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
157.1% of its profit
Room to growStretchedMore than it earns: 64.2%
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.
Warren Buffett
53No pass
Benjamin Graham
47No pass
Philip Fisher
40No pass
Peter Lynch
24No pass
Joel Greenblatt
23No pass
Charlie Munger
39No pass
Terry Smith
40No pass
Questions about ENAV
Is ENAV a good stock to buy?
A solid business, but the price is high. 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 ENAV AI analysis
What does ENAV do?
ENAV S.p.A. provides air traffic control and management, and other air navigation services in Italy, the rest of Europe, and internationally. It is in Airports & Air Services, based in Rome, RM, Italy, with 4,589 employees.
Does ENAV pay a dividend?
Yes. At today's price the dividend is 5.1% a year, about 157% of its yearly profit. In 2025 it paid out €146 million in dividends.
Is ENAV stock halal?
Yes. ENAV passes our halal screen: its business is permitted and its debt is 20% of its market value, under the 30% limit. How we check
Who are ENAV's competitors?
The largest listed companies in the same industry are Aena S.M.E., Aeroports de Paris SA, GMR Airports and Shanghai International Airport. The peers table on this page compares their profit, growth and price with ENAV's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.