Iren S.p.A. (IRE.MI)
Reggio Emilia, RE, IT
Iren S.p.A. stands as a diversified multi-utility enterprise operating across Italy, with its business activities organized into Networks, Waste Management, Energy, Market, and a variety of Other Services segments. The company is deeply involved in both the generation and supply of electricity, drawing power primarily from hydroelectric, thermoelectric, cogeneration, and other renewable sources. Its robust infrastructure includes a substantial electricity distribution network, extending 7,849 kilometers with medium and low-voltage lines, serving approximately 725,000 connected households and businesses. Furthermore, Iren distributes natural gas through an extensive pipeline system of roughly 8,115 kilometers, comprising high, medium, and low-pressure conduits, reaching about 741,000 consumers. A significant part of Iren's comprehensive services involves the integrated water cycle. This encompasses a vast 20,088-kilometer network of pipelines delivering water to 2.8 million inhabitants, alongside managing 11,291 kilometers of sewerage systems and operating essential water treatment facilities. Beyond core utilities, the company offers a broad spectrum of additional services, including the maintenance of street lighting and traffic signal systems, provision of heating solutions, specialized electrical installations, efficient waste collection and disposal, critical snow clearing operations, and expertise in analysis laboratories and telecommunications. Iren's energy production portfolio is robust, featuring 23 hydroelectric plants, 7 thermoelectric cogeneration units, 1 conventional thermoelectric facility, and 95 photovoltaic installations with a total installed capacity of 18 megawatts. The company is headquartered in Reggio Emilia, Italy.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.39% | +3.14% | +2.36% | -2.11% | +5.98% | +3.94% | +11.24% | +38.76% | +6.83% | +68.25% | +142.52% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 2 | 0 |
| Hold | 3 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Diversified Utilities: +5.3%-7.1% Q1'26: -5.6% (vs Q4'24)
-
EPS growth Diversified Utilities: +4.4%+5.0% ★ Q1'26: +67.6% (vs Q4'24)
-
FCF margin FCF growth · Diversified Utilities: +8.5%+6.8% ★ Q1'26: -2.5% (vs Q4'24)
-
EBIT margin Diversified Utilities: +20.5%+9.7% Q1'26: +11.9% (vs Q4'24)
-
ROIC Diversified Utilities: +4.5%+11.1% ★ Q1'26: +7.4% (vs Q4'24)
-
Share dilution Diversified Utilities: -0.2%+0.0% ★ Q1'26: +1.3% (vs Q4'24)
-
Debt / EBITDA Net debt/EBITDA · Diversified Utilities: 3.55×0.50× ★ Q1'26: 2.94× (vs Q4'24)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 4 Rev. Ana. 3 EPS Ana. |
Dec 2027 5 Rev. Ana. 5 EPS Ana. |
Dec 2028 4 Rev. Ana. 4 EPS Ana. |
Dec 2029 3 Rev. Ana. 2 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
3.06B
est: 3.07B (-0.5%)
|
3.23B
est: 3.03B (+6.6%)
|
3.69B
est: 3.38B (+9.1%)
|
4.01B
est: 3.94B (+1.8%)
|
4.24B
est: 4.11B (+3.1%)
|
3.68B
est: 3.84B (-4.2%)
|
4.91B
est: 4.27B (+15.0%)
|
7.75B
est: 6.90B (+12.3%)
|
6.41B
est: 5.93B (+8.0%)
|
5.95B
est: 6.13B (-2.9%)
|
6.26B
est.
|
6.87B
6.79B – 6.93B
+9.7% YoY
|
6.94B
6.54B – 7.45B
+1.1% YoY
|
7.04B
7.01B – 7.07B
+1.4% YoY
|
6.38B
6.16B – 6.65B
-9.3% YoY
|
| EBITDA |
686.78M
est: 575.02M (+19.4%)
|
745.18M
est: 568.23M (+31.1%)
|
754.12M
est: 632.88M (+19.2%)
|
877.05M
est: 737.58M (+18.9%)
|
867.94M
est: 769.51M (+12.8%)
|
870.62M
est: 719.86M (+20.9%)
|
955.52M
est: 799.69M (+19.5%)
|
982.53M
est: 1.29B (-24.0%)
|
1.09B
est: 1.11B (-1.4%)
|
1.23B
est: 1.15B (+7.7%)
|
1.17B
est.
|
1.29B
1.27B – 1.30B
+9.7% YoY
|
1.30B
1.22B – 1.40B
+1.1% YoY
|
1.32B
1.31B – 1.32B
+1.4% YoY
|
1.20B
1.15B – 1.25B
-9.3% YoY
|
| EBIT |
347.20M
est: 274.99M (+26.3%)
|
444.90M
est: 271.74M (+63.7%)
|
460.95M
est: 302.66M (+52.3%)
|
514.47M
est: 352.73M (+45.9%)
|
464.37M
est: 368.00M (+26.2%)
|
429.82M
est: 344.26M (+24.9%)
|
477.20M
est: 382.43M (+24.8%)
|
459.94M
est: 618.25M (-25.6%)
|
494.29M
est: 530.96M (-6.9%)
|
579.34M
est: 548.51M (+5.6%)
|
560.53M
est.
|
614.84M
608.18M – 620.81M
+9.7% YoY
|
621.52M
585.37M – 667.31M
+1.1% YoY
|
630.48M
627.72M – 633.24M
+1.4% YoY
|
571.58M
551.76M – 595.56M
-9.3% YoY
|
| Net Income |
118.19M
est: 147.00M (-19.6%)
|
173.98M
est: 176.41M (-1.4%)
|
237.72M
est: 231.99M (+2.5%)
|
242.12M
est: 251.50M (-3.7%)
|
236.58M
est: 245.72M (-3.7%)
|
239.17M
est: 213.93M (+11.8%)
|
303.17M
est: 266.62M (+13.7%)
|
226.02M
est: 231.71M (-2.5%)
|
254.85M
est: 257.04M (-0.9%)
|
268.47M
est: 266.71M (+0.7%)
|
292.59M
est.
|
303.45M
301.55M – 305.35M
+3.7% YoY
|
312.06M
301.43M – 322.69M
+2.8% YoY
|
345.27M
323.75M – 347.69M
+10.6% YoY
|
—
— – —
-100.0% YoY
|
| SGA |
9.62M
est: 461.47M (-97.9%)
|
17.82M
est: 456.02M (-96.1%)
|
14.59M
est: 507.90M (-97.1%)
|
14.63M
est: 591.93M (-97.5%)
|
19.36M
est: 617.55M (-96.9%)
|
14.17M
est: 577.71M (-97.5%)
|
1.47B
est: 641.77M (+129.4%)
|
1.68B
est: 1.04B (+61.6%)
|
707.01M
est: 891.02M (-20.7%)
|
719.56M
est: 920.47M (-21.8%)
|
940.64M
est.
|
1.03B
1.02B – 1.04B
+9.7% YoY
|
1.04B
982.33M – 1.12B
+1.1% YoY
|
1.06B
1.05B – 1.06B
+1.4% YoY
|
959.19M
925.92M – 999.42M
-9.3% YoY
|
| EPS |
0.09
est: 0.11 (-21.4%)
|
0.14
est: 0.14 (+1.8%)
|
0.19
est: 0.18 (+5.1%)
|
0.19
est: 0.20 (-3.1%)
|
0.18
est: 0.19 (-6.0%)
|
0.19
est: 0.17 (+14.0%)
|
0.24
est: 0.21 (+15.5%)
|
0.18
est: 0.19 (-4.4%)
|
0.20
est: 0.20 (-0.2%)
|
0.21
est: 0.21 (+1.5%)
|
0.23
est.
|
0.24
0.24 – 0.24
+3.6% YoY
|
0.25
0.23 – 0.25
+4.2% YoY
|
0.26
0.25 – 0.27
+5.8% YoY
|
—
— – —
-100.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-11 | A- | 4/5 | 4/5 | 3/5 | 3/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-08 | A- | 4/5 | 4/5 | 3/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-07 | A- | 4/5 | 4/5 | 3/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-06 | A- | 4/5 | 4/5 | 3/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-05 | A- | 4/5 | 4/5 | 3/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-04 | A- | 4/5 | 4/5 | 3/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-30 | A- | 4/5 | 4/5 | 3/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-29 | A- | 4/5 | 4/5 | 3/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-28 | A- | 4/5 | 4/5 | 3/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-27 | A- | 4/5 | 4/5 | 3/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-24 | A- | 4/5 | 4/5 | 3/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-23 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-22 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-21 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-20 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-17 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-16 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | WisdomTree Europe Equity Income UCITS ETF WTEE.DE | 0.29% | 705.5K | 0.29% |
| 2 | WisdomTree Europe Equity Income UCITS ETF Acc EEIA.L | 0.29% | 705.5K | 0.29% |
| 3 | UBS MSCI EMU Small Cap UCITS ETF EUR dis UEFD.DE | 0.28% | 2.08M | 0.33% |
| 4 | iShares MSCI EMU Small Cap UCITS ETF CES1.L | 0.28% | 2.95M | 0.58% |
| 5 | State Street SPDR MSCI Europe Small Cap Value Weighted UCITS ETF EUR Acc ZPRX.DE | 0.19% | 1.45M | 0.30% |
| 6 | iShares International Small-Cap Equity Factor ETF ISCF | 0.12% | 806.4K | 0.24% |
| 7 | Xtrackers MSCI Europe Small Cap UCITS ETF 1C XXSC.L | 0.11% | 3.73M | 0.30% |
| 8 | iShares MSCI Europe Small-Cap ETF IEUS | 0.11% | 190.5K | 0.41% |
| 9 | FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund TLTD | 0.10% | 644.1K | 0.41% |
| 10 | WisdomTree International High Dividend Fund DTH | 0.09% | 567.9K | 0.58% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Luca Dal Fabbro | Chairman and Strategic Director of Finance, Strategies & Delegated Areas | 841.4K | male |
| Moris Ferretti | Vice-Chairman and Strategic Director of Human Resources, CS & Delegated Areas | 557.6K | male |
| Gianluca Bufo | Chief Executive Officer, GM of Iren Group & Director | 218.1K | male |
| Giuseppe Bergesio | Chief Executive Officer of Iren Energia | — | male |
| Massimo Levrino | Head of Chief Executive Officer Office | — | male |
| Maximilian Abraham | Director of Legal Affairs | — | — |
| Eugenio Bertolini | Chief Executive Officer of Iren Ambiente | — | male |
| Paolo Robutti | CEO of Iren Mercato | — | male |
| Fabio Giuseppini | Chief Executive Officer of the IRETI | — | male |
| Giulio Domma | Head of Investor Relations | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for IRE.MI
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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