Terna Rete Elettrica Nazionale SpA
Research Terna Rete Elettrica Nazionale SpA (TRN.MI) on Bullrun: market cap EUR 18.24B, P/E 17.8, dividend yield 4.3%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerTRN.MI
- ExchangeMTAA
- CountryItaly
- SectorUtilities
- IndustryUtilities - Regulated Electric
- CurrencyEUR
- Market capEUR 18.24B
- P/E17.8
- Dividend yield4.3%
- Financial periodQ2 2026
- RevenueEUR 1.09B
- Net incomeEUR 314.70M
- Free cash flow-EUR 150.50M
- Gross margin92.3%
Valuation Snapshot
latest market cap is EUR 18.24B; P/E is 17.8; dividend yield is 4.3%.
Peer valuation comparison
Latest P/E is 17.82x versus a Utilities sector median of 17.6x.
Latest dividend yield is 4.28% versus a Utilities sector median of 3.57% (20.1% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2024 | EUR 3.62B | EUR 1.06B | -EUR 889.20M | n/a | 0.52 | EUR 2.31B | EUR 13.07B | EUR 7.52B |
| FY2023 | EUR 3.12B | EUR 882.80M | -EUR 963.90M | n/a | 0.43 | EUR 1.38B | EUR 10.61B | EUR 6.32B |
| FY2022 | EUR 2.90B | EUR 857.70M | EUR 831.40M | n/a | 0.43 | EUR 2.16B | EUR 8.86B | EUR 6.17B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-05 | EUR 18.24B | 17.8 | 4.3% | 0.4 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.4 EUR, yield 4.3%.
About Terna Rete Elettrica Nazionale SpA
Terna S.p.A., together with its subsidiaries, provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally. It operates through Regulated, Non-Regulated, and International segments. The company is involved in the design, construction, management, development, operation, and maintenance of national transmission grid; dispatching and metering; and construction of storage systems. It also supplies transformers and cables; provides energy and connectivity services;
ETFs that hold Terna Rete Elettrica Nazionale SpA
Terna Rete Elettrica Nazionale SpA is one of the ten largest holdings of 7 ETFs that investors in Europe can buy, most traded first:
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Frequently asked questions
What is Terna Rete Elettrica Nazionale SpA's market cap?
Terna Rete Elettrica Nazionale SpA's market capitalization is EUR 18.24B.
What is Terna Rete Elettrica Nazionale SpA's P/E ratio?
Terna Rete Elettrica Nazionale SpA's price-to-earnings (P/E) ratio is 17.8.
Does Terna Rete Elettrica Nazionale SpA pay a dividend?
Terna Rete Elettrica Nazionale SpA has a dividend yield of 4.3%.
What does Terna Rete Elettrica Nazionale SpA do?
Terna S.p.A., together with its subsidiaries, provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally. It operates through Regulated, Non-Regulated, and International segments. The company is involved in the design, construction, management, development, operation, and maintenance of national transmission grid; dispatching and metering; and construction of storage systems. It also supplies transformers and cables; provides energy and connectivity services; and installs and operates interconnecting lines.