Ferrovial SE
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
View on SEC.govAbout this filing
The yearly report of a company based outside the US. It covers much of what a 10-K does, and may follow accounting rules other than US ones.
FY2025 · Filed Feb 25, 2026
Contents
Group Structure
The Company is a holding company without material direct business operations. The principal assets of the Company
are the equity interests that it directly or indirectly holds in our Companies.
The following summary corporate chart shows the major companies and the head companies of our Business
(1)Ferrovial SE is our parent company.
(2)Ferrovial Construcción, S.A. is the head entity of the Spanish Construction Business Division. Ferrovial Construction International B.V. is the
head entity of the global Construction Business Division, except for the U.S. construction business (see footnote 4), for which Ferrovial
Construction US Holding Corp is the parent company.
(3)Ferrovial Airports International B.V. is the head entity of the global Airports Business Division, except for the U.S. airports business (see
footnote 4), of which Ferrovial Airports Holding US Corp is the parent company.
(4)Cintra Infraestructuras España, S.L.U. is the head entity of the Spanish Highways Business Division. Cintra Global B.V. is the head entity of the
global Highways Business Division. On January 6, 2026, Cintra Infrastructures SE (CISE) merged into Cintra Global SE (CGSE). Additionally,
CGSE was converted into a Dutch NV on January 6, 2026 and then, on January 7, 2026, into a Dutch BV. As a result, CGSE is now “Cintra Global
B.V.”. Additionally, Cintra Global B.V. indirectly holds the various subsidiaries and affiliates that develop businesses in the U.S. pertaining to all of
our Business Divisions, including Cintra Holding US Corp, Ferrovial Construction US Holding Corp and Ferrovial Airports Holding US Corp.
(5)Ferrovial Emisiones, S.A.U. and Ferrovial Netherlands B.V. are financing companies created for the purpose of raising financing for other Group
Companies.
(6)Ferrovial Infraestructuras Energéticas S.A.U. and Ferrovial Transco International B.V. are part of the Energy Business Division.
4.D. Property, Plants, and Equipment
See “—.B. Business Overview—11. Property, Plants, and Equipment.”
ITEM 4A. UNRESOLVED STAFF COMMENTS
None.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.