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Business model

Business Model

Ferrovial is a global infrastructure company focused on the development and operation of sustainable infrastructure, with main presence in the transport sector. The company business model is based on an integrated platform with the objective of developing infrastructure projects with high value creation. Ferrovial's activity is carried out through four business units: Toll Roads, Airports, Construction and Energy.

Energy storage Energy transmission line Stadium Wind turbines Tunnel Electric Carsharing WWTP Railroad Hospital Residential building Solar panels Vertiport Bridge Energy efficiency Offices Industrial Metro Building refurbishment Airport Offshore wind turbines Luminaire Toll Roads Heating and cooling Smart corridors
Toll roads

Is focused on the development of congestion-relief solutions, particularly in North America. The division leverages its expertise in transportation infra engineering to develop greenfield assets while minimizing risk and benefiting from synergies through our construction subsidiary, and through the capability to operate and manage the concession for the remaining life-cycle of the asset.


It facilitates air transport by improving people's connectivity. The company has more than 25 years of operational expertise managing airports worldwide. It is currently developing the New Terminal One (NTO) concession at JFK airport which is expected to open by 2026. Recently, the company announced the planned divestment of its 25% stake in Heathrow airport, aligned with company's capital allocation strategy of rotating mature assets.


The energy division is focused on the development of projects for the energy transition. The company is dedicated to providing innovative solutions for the promotion, construction, and operation of energy generation and transmission infrastructures, as well as for energy efficiency.


Is a key pillar of Ferrovial's value creation. It supports all the concession businesses with end-to-end technical, engineering and production capabilities making the company more competitive when bidding new infrastructure projects. Throughout the development of a project, the division is able to manage risks from the bidding and design phase up to the project delivery.

hours of training per employee
million in R&D investment
projects developed in R&D
Local suppliers
of local purchase
Financial Position
million euros of liquidity
credit rating by S&P and Fitch
Added Value
M€ in salaries and wages
projects with startups
new technologies applied
absolute emission reduction scope 1&2 compared to 2022
times offset water footprint
Investment and Taxation
of dividends distributed
taxes paid