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Telefónica, S.A. TEF.MC

ES · Bolsa de Madrid · XMAD · stock · Communication Services · website

Telefónica, S.A. statistics & valuation

Market cap€20.7B
P / S0.6×
P / B1.4×
Net margin-12.3%
Net debt€33.1B
Enterprise value USD$62.0B
Earnings yield EBIT/EV3.8%
Return on capital3%

Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
5.00% -2.20% -0.10% -12.30% 2022202320242025
Gross margin (%)
69.60% 69.30% 68.60% 67.70% 2022202320242025
Operating margin (%)
8.50% 5.90% 14.70% 5.80% 2022202320242025
Return on equity (%)
8.00% -4.10% -0.30% -30.30% 2022202320242025
Shares outstanding
5.63B 5.63B 5.63B 5.63B 2022202320242025
Net debt (€)
€38.14B €36.96B €36.96B €33.09B 2022202320242025
Share buybacks (€)
€555.0M €1.77B €1.65B €721.0M 2022202320242025
Return on assets (%)
1.80% -0.90% 0.00% -4.70% 2022202320242025
Free cash flow margin (%)
2022202320242025
Debt / equity (×)
1.81× 2.02× 2.33× 2.78× 2022202320242025
EPS (€)
€0.31 -€0.20 -€0.06 -€0.81 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin67.7%68.6%69.3%69.6%
Operating margin5.8%14.7%5.9%8.5%
Net margin-12.3%-0.1%-2.2%5.0%
Return on assets-4.7%-0.0%-0.9%1.8%
Return on equity-30.3%-0.3%-4.1%8.0%
Debt / equity1.97×1.62×1.45×1.32×
Current ratio0.890.870.890.98

Computed from company filings · ES · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.