Eni S.p.A.

ENYSEEnergy● Active

$54.32

+$0.52(+0.97%)

Market Cap$80.0B

P/E Ratio—

52W High$58

52W Low$30.12

Avg Volume561K

Open$54.33

Beta0.23

Overview

Eni S.p.A. (E) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

E · free cash flow · updated Jun 8, 2026

Core FCF metrics

E · FCF · TTM · margin & CAGR

Free cash flow was $4.63B for FY2025 (fiscal year ending 2025-12-31), down 9.0% year-over-year The FCF margin was 5.6%. Five-year CAGR stands at +62.0%.

FY2025 Free Cash Flow$4.63B▼ -9.0% YoY

Trailing 12M (TTM)$3.00Btrailing 4 quarters sum

FCF Margin5.6%$4.63B ÷ revenue

3-Year CAGR-22.0%FY2022 → FY2025

5-Year CAGR+62.0%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

E · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$13.33B(8.70B)$4.63B▼ 9.0%5.6%

FY2024$13.09B(8.00B)$5.09B▼ 20.3%5.7%

FY2023$15.12B(8.74B)$6.38B▼ 34.6%6.8%

FY2022$17.46B(7.70B)$9.76B▲ +23.4%7.4%

FY2021$12.86B(4.95B)$7.91B▲ +1805.8%10.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

E · P/FCF · FCF yield · FCF per share

Eni S.p.A. (E) trades at a FCF yield of 4.36% and a price-to-free-cash-flow ratio of 27.3x. FCF per share stands at $1.99, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

4.36%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.99

TTM FCF ÷ Shares Outstanding

Price / FCF

x27.3

Share Price ÷ FCF per Share

EV / FCF (TTM)

x32.4

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

E · cash flow statement · operating / investing / financing

For FY2025, Eni S.p.A. generated $13.33B in operating cash flow and spent 8.70B in capital expenditures, yielding $4.63B in free cash flow.

Operating Activities

+$13.33B

Cash from core business operations

2025-12-31

Investing Activities

−$8.59B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$4.30B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($13.33B) − |CapEx| (8.70B) = FCF ($4.63B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Energy)

E vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Eni S.p.A.YOU

$4.63B-9.0%5.6%

20%

Exxon Mobil Corporation

Energy · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Eni S.p.A. (E) reported free cash flow of $4.63B for FY2025 (fiscal year ending 2025-12-31), down 9.0% year-over-year. The FCF margin was 5.6%.

Based on available data, Eni S.p.A. has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $9.76B in FY2022. The 5-year CAGR stands at +62.0%.

Eni S.p.A.'s FCF yield is 4.36% and price-to-FCF ratio is 27.3x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

E free cash flow · 8 questions

Eni S.p.A. free cash flow was $4.63B for FY2025, down 9.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $3.00B.

E free cash flowE FCFE FCF 2025E free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Eni S.p.A. · Eni S.p.A. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026