profit from every €100 of sales.
€0€100
Hera
€3.74+0.86% today
-6.3% since Dec 21, 25
1-year low €3.431-year high €4.43
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 €11.57 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 Hera sold, what it kept, and what it did with the cash.
Sales went from €19.9 billion in 2022 to €13.0 billion in 2025, with €464 million of profit last year.
SalesProfit
Hera handed back more cash to shareholders than it generated last year.
€274M
Free cash flow 2025€197M
Bought back its own shares–
Paid as dividends€274M
Cash vs. debt€845M vs. €4.9B
Hera vs. similar companies
Hera grows the slowest of these 5 and is the cheapest for its profits.
AI analysis
An AI analyst reads Hera'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 |
|---|---|---|---|---|
| 19,871 | 15,411 | 13,058 | 12,964 | |
| 3,435 | 5,741 | 5,923 | 5,789 | |
| 544 | 856 | 846 | 816 | |
| 1,001 | 1,335 | 1,459 | 1,482 | |
| 255 | 441 | 495 | 464 | |
| 0.18 | 0.31 | 0.34 | 0.32 | |
| 17.3% | 37.3% | 45.4% | 44.7% | |
| 2.7% | 5.6% | 6.5% | 6.3% | |
| 1.3% | 2.9% | 3.8% | 3.6% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 17,119 | 15,080 | 15,061 | 14,130 |
| Cash | 1,942 | 1,333 | 1,316 | 845 |
| Total debt | 5,652 | 4,725 | 4,794 | 4,929 |
| Total liabilities | 13,474 | 11,328 | 11,074 | 9,730 |
| 3,398 | 3,438 | 3,680 | 4,081 | |
| 1,455 | 1,447 | 1,442 | 1,465 | |
| 4.4% | 7.6% | 8.0% | 7.5% | |
| 7.5% | 12.8% | 13.4% | 11.4% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 36 | 1,573 | 853 | 1,225 | |
| 710 | 816 | 860 | 1,028 | |
| -674 | 757 | -7 | 197 | |
| Dividends paid | 220 | 239 | 249 | 274 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 11.6×
- –
- 0.53
- 1.4×
- 0.4×
- 27.3×
- 6.4×
- 3.7%
- 8.6%
- 5.1%
Profitability
- 44.7%
- 6.3%
- 3.6%
- –
- 7.5%
- 6.9%
- –
- –
- –
- –
Growth
- −13.3%
- +21.9%
- –
- –
- +0.2%
Financial health
- 2.8×
- 1.21
- –
- 4.9×
- 1.10
- –
- –
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 13%of 392
Top 30%of 363
Bottom 5%of 397
Top 39%of 396
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
59.1% of its profit
Room to growStretchedMore than it earns: 139.3%
News
Should a widow leave her late partner’s home to her stepkids — or cut off contact with them?MarketWatch · Nov 14, 2026‘She has a history of financial mismanagement’: My brother cut our sister out of his will. I’ll get everything. Do I tell her?MarketWatch · Nov 13, 2026Insider 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
43No pass
Benjamin Graham
70Pass
Philip Fisher
49No pass
Peter Lynch
66Pass
Joel Greenblatt
45No pass
Charlie Munger
26No pass
Terry Smith
20No pass
Questions about Hera
Is Hera 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 Hera AI analysis
What does Hera do?
Hera S.p.A., a multi-utility company, engages in the waste management, water services, and energy businesses in Italy. It is in Utilities - Diversified, based in Bologna, BO, Italy, with 10,051 employees.
Does Hera pay a dividend?
Yes. At today's price the dividend is 5.1% a year, about 59% of its yearly profit. In 2025 it paid out €274 million in dividends.
Is Hera stock halal?
No. Hera does not pass our halal screen: its debt is 92% of its market value, at or above the 33% limit. How we check
Who are Hera'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 Hera's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.