CompanyGraph
Snam S.p.A.
SRG · Borsa Italiana · Italy
Price data from its 0NQP listing on LSE
snam.itFinancials as of FY2025
What stands out
- Most companies in its industry are rule-setting businesses; this one is a flow business
At a glance
- Depends onMidstream position: 5 outgoing, 4 incoming connections
- ScaleLevered free cash flow is -$285.47M, lower than 95% of all stocks globally
- FinancialsAltman Z-Score 0.81: distress zone
- Interpretations1 currently firing — 1
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are rule-setting businesses; this one is a flow business
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
6.25%Above 5Y avg (5.60%)
Annual Rate
EUR 0.36Paid semi-annual
Payout Ratio
91.3%High
Payback Period
19.3 yr
Last Ex-Dividend
Jun 22, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
19.84BEUR22.96B · vs all stocks (USD)
Trailing P/E
17.35xRevenue (TTM)
4.00BEUR4.64B · vs all stocks (USD)
Profit Margin
28.64%Beta
0.6320xvs all stocks
52-Week Change
10.42%vs all stocks
Forward Annual Dividend Yield
6.25%vs all stocks
Market Capitalization
19.84BEUR22.96B · vs all stocks (USD)
Enterprise Value
38.02BEUR44.01B · vs all stocks (USD)
Trailing P/E
17.35xForward P/E
13.10xPrice to Sales (TTM)
4.80xPrice to Book (MRQ)
2.32xEnterprise to Revenue
9.49xEnterprise to EBITDA
12.50xGross Margin
110.38%Profit Margin
28.64%Operating Margin
49.08%Return on Assets (TTM)
3.21%Return on Equity (TTM)
12.38%Revenue (TTM)
4.00BEUR4.64B · vs all stocks (USD)
Revenue per Share (TTM)
1.19EURUpdated Aug 19, 2026Quarterly Revenue Growth
9.70%Gross Profit (TTM)
3.49BEUR4.04B · vs all stocks (USD)
EBITDA (TTM)
3.34BEUR3.87B · vs all stocks (USD)
Net Income (TTM)
1.11BEUR1.29B · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
27.00%Operating Cash Flow (TTM)
3.40BEUR3.94B · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-246.62MEUR-285.47M · vs all stocks (USD)
Forward Annual Dividend Rate
0.3626EURUpdated Aug 19, 2026Forward Annual Dividend Yield
6.25%vs all stocks
Trailing Annual Dividend Rate
0.3021EURUpdated Aug 19, 2026Trailing Annual Dividend Yield
5.20%vs all stocks
5-Year Average Dividend Yield
5.60%vs all stocks
Payout Ratio
91.27%Minority Interest (Equity)
41.00MEURFY2025 · Dec 31, 2025Revenue
3.85BEURFY2025 · Dec 31, 2025Cost of Goods Sold
-64.00MEURFY2025 · Dec 31, 2025Gross Profit
3.92BEURFY2025 · Dec 31, 2025Operating Income
1.92BEUR2.23B · vs all stocks (USD)
Pre-tax Income
1.66BEURFY2025 · Dec 31, 2025Income Tax Expense
397.00MEURFY2025 · Dec 31, 2025Net Income
1.27BEURFY2025 · Dec 31, 2025EBIT
2.13BEURFY2025 · Dec 31, 2025EBITDA (Income Statement)
3.34BEURFY2025 · Dec 31, 2025Selling, General & Administrative
111.00MEURFY2025 · Dec 31, 2025Other Operating Expenses
542.00MEURFY2025 · Dec 31, 2025Non-operating Interest Income
73.00MEURFY2025 · Dec 31, 2025Non-operating Interest Expense
465.00MEURFY2025 · Dec 31, 2025EPS (Basic)
0.3680EURFY2025 · Dec 31, 2025EPS (Diluted)
0.3680EURFY2025 · Dec 31, 2025Basic Shares Outstanding
3.35BSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
3.35BSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
1.27BEURFY2025 · Dec 31, 2025Minority Interests (P&L)
3.00MEURFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00EURFY2025 · Dec 31, 2025Operating Cash Flow
1.27BEURFY2025 · Dec 31, 2025Free Cash Flow
-1.44BEURFY2025 · Dec 31, 2025Starting Profit (CF Statement)
1.27BEURFY2025 · Dec 31, 2025Capital Expenditures
-2.70BEURFY2025 · Dec 31, 2025Net Acquisitions
-564.00MEURFY2025 · Dec 31, 2025Other Investing Activity
304.00MEURFY2025 · Dec 31, 2025Net Investing Cash Flow
-2.96BEURFY2025 · Dec 31, 2025Long-term Debt Payments
-48.00MEURFY2025 · Dec 31, 2025Net Short-term Debt Issuance
1.16BEURFY2025 · Dec 31, 2025Common Stock Repurchase
-977.00MEURFY2025 · Dec 31, 2025Other Financing Charges
-45.00MEURFY2025 · Dec 31, 2025Net Financing Cash Flow
86.00MEURFY2025 · Dec 31, 2025Shares Outstanding
3.36BSharesUpdated Aug 19, 2026Float Shares
2.05BSharesUpdated Aug 19, 2026% Held by Insiders
38.80%vs all stocks
% Held by Institutions
32.72%vs all stocks
Total Cash (MRQ)
2.94BEUR3.41B · vs all stocks (USD)
Total Cash per Share (MRQ)
0.8770EURUpdated Aug 19, 2026Total Debt (MRQ)
21.81BEUR25.25B · vs all stocks (USD)
Total Debt to Equity (MRQ)
2.34xCurrent Ratio (MRQ)
0.7610xBook Value per Share (MRQ)
2.46EURUpdated Aug 19, 2026Total Assets
37.00BEUR42.83B · vs all stocks (USD)
Total Current Assets
7.82BEURFY2025 · Dec 31, 2025Total Liabilities
27.72BEURFY2025 · Dec 31, 2025Total Non-current Assets
29.18BEURFY2025 · Dec 31, 2025Total Non-current Liabilities
16.82BEURFY2025 · Dec 31, 2025Total Current Liabilities
10.90BEURFY2025 · Dec 31, 2025Cash & Cash Equivalents
1.64BEURFY2025 · Dec 31, 2025Other Short-term Investments
398.00MEURFY2025 · Dec 31, 2025Accounts Receivable
2.54BEURFY2025 · Dec 31, 2025Inventory
2.09BEURFY2025 · Dec 31, 2025Accounts Payable
912.00MEURFY2025 · Dec 31, 2025Short-term Debt
5.09BEURFY2025 · Dec 31, 2025Other Current Liabilities
421.00MEURFY2025 · Dec 31, 2025Long-term Debt
14.44BEURFY2025 · Dec 31, 2025Other Non-current Liabilities
834.00MEURFY2025 · Dec 31, 2025Common Stock (Book)
2.74BEURFY2025 · Dec 31, 2025Retained Earnings
4.95BEURFY2025 · Dec 31, 2025Total Shareholders' Equity
9.28BEUR10.74B · vs all stocks (USD)
Treasury Stock
22.00MEURFY2025 · Dec 31, 202552-Week Low
4.97EURUpdated Aug 19, 202652-Week High
6.87EURUpdated Aug 19, 202652-Week Change
10.42%vs all stocks
Beta
0.6320xvs all stocks
50-Day MA
6.16EURUpdated Aug 19, 2026200-Day MA
6.13EURUpdated Aug 19, 2026Avg 10-Day Volume
5.86MSharesUpdated Aug 19, 2026Avg 30-Day Volume
6.40MSharesUpdated Aug 19, 2026Diluted EPS (TTM)
0.3300EURUpdated Aug 19, 20261 interpretation currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsWhere is this company structurally exposed?
Within or Near the Altman Distress Zone
Debt is a large share of its assets, and large against its cash flow.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Structural Tensions
Most companies in its industry are rule-setting businesses; this one is a flow businessSignificant
Industry peers: 61.00Share on the common pattern %: 84.00
Financial Health
Altman Z-Score 0.81: distress zoneCritical
Altman Z-Score: 0.81
High structural barrier to entryNotable
Barrier to Entry: 0.56
Supply Chain
Midstream position: 5 outgoing, 4 incoming connectionsNotable
Outgoing: 5.00Incoming: 4.00
Scale
Levered free cash flow is -$285.47M, lower than 95% of all stocks globallySignificant
Levered free cash flow (USD): -285,468,428.24Global P5: -219,013,500
Market cap is $22.96B, above the global median of $1.15BNotable
Market cap (USD): 22,962,369,402.79Global Median: 1,146,734,693.424
Revenue is $4.64B, above the global median of $520.53MNotable
Revenue (USD): 4,635,787,425.92Global Median: 520,528,949.311
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Companies that share active interpretations — structural patterns currently present in both stocks.
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Supply Chain
Liquefied Natural Gas Supply Chain
Follow gas from reservoir to processing, liquefaction, cryogenic storage, ocean transport, regasification, pipeline delivery, use, and retirement. LNG preserves a molecule across distance, but each handoff can spend energy, capacity, money, and evidence.
Natural Gas Pipeline Supply Chain
Follow gas from wells through gathering, processing, transmission, compression, storage, distribution, meters, use, and retirement. Gas abundance, nominations, and storage inventories do not by themselves establish that a particular burner will receive fuel during a disturbance.