TEFOFOTCTelephone Communications (No Radiotelephone)Fiscal year ends December 31Also trades as TELFY
TELEFONICA S A
Financials through fiscal 2024, year ended Dec 31, 2024Last filing: 20-F on Feb 27, 2025
$3.70+0.00 (0.00%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2014 to 2024
Operating margin
5.8%−3.6 pts over 5 years
Net margin
-0.1%−2.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2024
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.6% | +1.7% | -3.1% | – | |
| Operating income | -7.6% | -43.9% | -12.0% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2015 | FY2019 | FY2024 | Trend |
|---|---|---|---|---|
| Return on equity | – | 6.5% | -0.2% | |
| Return on assets | – | 1.0% | -0.0% | |
| Current ratio | – | 0.81 | 0.87 | |
| Debt to equity | – | 0.09 | 0.06 | |
| Net debt to EBITDA | – | -0.30× | -0.61× | |
| Interest coverage | 0.8× | 1.6× | 0.8× | |
| Diluted shares | 5.08B | 5.80B | 5.67B |
Cash use needs five years of cash flow figures
Telefonica S A does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-0.1%
×Asset turnover0.40×
×Equity multiplier4.97×
=Return on equity, FY2024-0.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2024 | -0.1% | 0.40× | 4.97× | -0.2% |
| FY2023 | -2.2% | 0.38× | 4.56× | -3.8% |
| FY2022 | 5.0% | 0.37× | 4.63× | 8.5% |
| FY2021 | 20.7% | 0.37× | 6.41× | 48.7% |
| FY2020 | 3.7% | 0.38× | 7.90× | 11.2% |
| FY2019 | 2.4% | 0.42× | 6.64× | 6.5% |
| FY2018 | 6.8% | 0.43× | 6.57× | 19.1% |
| FY2017 | 6.0% | 0.44× | 6.81× | 17.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2024 against fiscal 2023
6of 8 tests passed in fiscal 2024. Some tests lack the figures they need.
- ProfitableNet income above zero-€49.00M
- Cash generatingOperating cash flow above zero€10.99B
- Return on assets improvedROA up on the prior year-0.8% → -0.0%
- Earnings backed by cashOperating cash flow above net income€10.99B vs -€49.00M
- Less leverageLong-term debt to assets fell1.1% → 1.0%
- Better liquidityCurrent ratio rose0.89 → 0.87
- No dilutionShare count did not rise5.72B → 5.67B
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.37 → 0.40