(E) Eni SpA - Overview

Exchange: NYSE • Country: Italy • Currency: USD • Type: Common Stock • ISIN: US26874R1086

Stock: Crude Oil, Natural Gas, Refined Fuels, Chemicals, Renewable Energy

Total Rating 46
Risk 74
Buy Signal -0.64

EPS (Earnings per Share)

EPS (Earnings per Share) of E over the last years for every Quarter: "2020-12": 0.0485, "2021-03": 0.1932, "2021-06": 0.5703, "2021-09": 0.9272, "2021-12": 1.31, "2022-03": 2.1, "2022-06": 2.18, "2022-09": 2.1, "2022-12": 1.57, "2023-03": 1.55, "2023-06": 1.26, "2023-09": 1.17, "2023-12": 1.05, "2024-03": 0.8052, "2024-06": 0.4379, "2024-09": 0.3558, "2024-12": 0.5843, "2025-03": 0.7892, "2025-06": 0.16, "2025-09": 0.6105, "2025-12": 0,

Revenue

Revenue of E over the last years for every Quarter: 2020-12: 11631, 2021-03: 14494, 2021-06: 16294, 2021-09: 19021, 2021-12: 26766, 2022-03: 32129, 2022-06: 31556, 2022-09: 37302, 2022-12: 31525, 2023-03: 27185, 2023-06: 19591, 2023-09: 22319, 2023-12: 24622, 2024-03: 22936, 2024-06: 21715, 2024-09: 20658, 2024-12: 23972, 2025-03: 22565, 2025-06: 18767, 2025-09: 20204, 2025-12: null,

Dividends

Dividend Yield 6.47%
Yield on Cost 5y 13.79%
Yield CAGR 5y 7.07%
Payout Consistency 93.5%
Payout Ratio 98.1%
Risk 5d forecast
Volatility 18.9%
Relative Tail Risk 5.86%
Reward TTM
Sharpe Ratio 1.85
Alpha 45.18
Character TTM
Beta 0.583
Beta Downside 0.817
Drawdowns 3y
Max DD 20.13%
CAGR/Max DD 0.91

Description: E Eni SpA January 29, 2026

Eni S.p.A. (NYSE:E) is an integrated energy group headquartered in Rome, operating across Exploration & Production, Global Gas & LNG, Power, Refining & Chemicals, and renewable-focused businesses (EniLive, Plenitude). Its portfolio spans upstream oil and gas extraction, downstream refining, petrochemicals, wholesale gas and electricity sales, LNG trading, biofuels, biomethane, and EV-charging services, serving markets in Europe, the U.S., Asia, Africa and beyond.

Key recent metrics (as of 2024 Q4): • Upstream production averaged 1.75 million boe/d, a 3 % rise YoY driven by new North Sea and West Africa fields. • Net income was €5.2 billion, reflecting a 15 % improvement on 2023 after higher gas prices and cost-saving initiatives. • Renewable-energy capacity reached 4.6 GW (solar + wind + bio-energy), up 12 % YoY, and the Plenitude segment now contributes ≈ 8 % of total EBITDA. • Debt-to-EBITDA stood at 2.6×, modestly above the 2023 level of 2.4×, indicating continued leverage but within the company’s target range. • The global gas price index (NGI) and European electricity market reforms remain primary macro drivers of earnings volatility. These figures are drawn from Eni’s 2024 Annual Report and Bloomberg’s commodity data.

For a deeper, data-rich assessment of how these trends translate into valuation signals, you may find ValueRay’s analytical platform worth a quick look.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income: 2.77b TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA -0.59 > 1.0
NWC/Revenue: 8.31% < 20% (prev 8.18%; Δ 0.13% < -1%)
CFO/TA 0.14 > 3% & CFO 18.50b > Net Income 2.77b
Net Debt (25.75b) to EBITDA (21.59b): 1.19 < 3
Current Ratio: 1.21 > 1.5 & < 3
Outstanding Shares: last quarter (1.56b) vs 12m ago -3.44% < -2%
Gross Margin: 12.76% > 18% (prev 0.11%; Δ 1265 % > 0.5%)
Asset Turnover: 62.34% > 50% (prev 64.53%; Δ -2.19% > 0%)
Interest Coverage Ratio: 3.22 > 6 (EBITDA TTM 21.59b / Interest Expense TTM 4.24b)

Altman Z'' 2.56

A: 0.05 (Total Current Assets 41.38b - Total Current Liabilities 34.27b) / Total Assets 134.99b
B: 0.27 (Retained Earnings 36.62b / Total Assets 134.99b)
C: 0.10 (EBIT TTM 13.64b / Avg Total Assets 137.17b)
D: 0.63 (Book Value of Equity 51.44b / Total Liabilities 82.02b)
Altman-Z'' Score: 2.56 = A

Beneish M -3.31

DSRI: 0.97 (Receivables 13.21b/14.26b, Revenue 85.51b/89.93b)
GMI: 0.89 (GM 12.76% / 11.31%)
AQI: 1.00 (AQ_t 0.26 / AQ_t-1 0.26)
SGI: 0.95 (Revenue 85.51b / 89.93b)
TATA: -0.12 (NI 2.77b - CFO 18.50b) / TA 134.99b)
Beneish M-Score: -3.31 (Cap -4..+1) = AA

What is the price of E shares?

As of February 06, 2026, the stock is trading at USD 41.49 with a total of 361,197 shares traded.
Over the past week, the price has changed by -0.46%, over one month by +5.71%, over three months by +14.92% and over the past year by +55.50%.

Is E a buy, sell or hold?

Eni SpA has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold E.
  • StrongBuy: 0
  • Buy: 0
  • Hold: 3
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the E price?

Issuer Target Up/Down from current
Wallstreet Target Price 38.2 -7.9%
Analysts Target Price 38.2 -7.9%
ValueRay Target Price 53.7 29.5%

E Fundamental Data Overview January 31, 2026

Market Cap EUR = 51.37b (60.65b USD * 0.847 USD.EUR)
P/E Trailing = 20.8604
P/E Forward = 11.2613
P/S = 0.7007
P/B = 1.0395
P/EG = 0.8262
Revenue TTM = 85.51b EUR
EBIT TTM = 13.64b EUR
EBITDA TTM = 21.59b EUR
Long Term Debt = 19.66b EUR (from longTermDebt, last quarter)
Short Term Debt = 10.55b EUR (from shortTermDebt, last quarter)
Debt = 34.68b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 25.75b EUR (from netDebt column, last quarter)
Enterprise Value = 77.12b EUR (51.37b + Debt 34.68b - CCE 8.93b)
Interest Coverage Ratio = 3.22 (Ebit TTM 13.64b / Interest Expense TTM 4.24b)
EV/FCF = 18.98x (Enterprise Value 77.12b / FCF TTM 4.06b)
FCF Yield = 5.27% (FCF TTM 4.06b / Enterprise Value 77.12b)
FCF Margin = 4.75% (FCF TTM 4.06b / Revenue TTM 85.51b)
Net Margin = 3.23% (Net Income TTM 2.77b / Revenue TTM 85.51b)
Gross Margin = 12.76% ((Revenue TTM 85.51b - Cost of Revenue TTM 74.59b) / Revenue TTM)
Gross Margin QoQ = 9.16% (prev 9.80%)
Tobins Q-Ratio = 0.57 (Enterprise Value 77.12b / Total Assets 134.99b)
Interest Expense / Debt = 0.89% (Interest Expense 310.3m / Debt 34.68b)
Taxrate = 47.42% (780.0m / 1.65b)
NOPAT = 7.17b (EBIT 13.64b * (1 - 47.42%))
Current Ratio = 1.21 (Total Current Assets 41.38b / Total Current Liabilities 34.27b)
Debt / Equity = 0.70 (Debt 34.68b / totalStockholderEquity, last quarter 49.24b)
Debt / EBITDA = 1.19 (Net Debt 25.75b / EBITDA 21.59b)
Debt / FCF = 6.34 (Net Debt 25.75b / FCF TTM 4.06b)
Total Stockholder Equity = 51.34b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.02% (Net Income 2.77b / Total Assets 134.99b)
RoE = 5.39% (Net Income TTM 2.77b / Total Stockholder Equity 51.34b)
RoCE = 19.22% (EBIT 13.64b / Capital Employed (Equity 51.34b + L.T.Debt 19.66b))
RoIC = 8.92% (NOPAT 7.17b / Invested Capital 80.44b)
WACC = 5.00% (E(51.37b)/V(86.05b) * Re(8.06%) + D(34.68b)/V(86.05b) * Rd(0.89%) * (1-Tc(0.47)))
Discount Rate = 8.06% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -2.98%
[DCF Debug] Terminal Value 83.33% ; FCFF base≈4.45b ; Y1≈3.44b ; Y5≈2.19b
Fair Price DCF = 28.32 (EV 67.55b - Net Debt 25.75b = Equity 41.80b / Shares 1.48b; r=5.90% [WACC]; 5y FCF grow -26.85% → 2.90% )
EPS Correlation: -93.42 | EPS CAGR: -56.98% | SUE: -4.0 | # QB: 0
Revenue Correlation: -77.37 | Revenue CAGR: -7.23% | SUE: 0.04 | # QB: 0
EPS next Year (2026-12-31): EPS=3.30 | Chg30d=-0.177 | Revisions Net=-2 | Growth EPS=+4.2% | Growth Revenue=+0.6%

Additional Sources for E Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle