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Iberdrola is a global renewable utility leader, with 65% of business outside Spain and ~86% of generation from renewables. Despite a premium valuation (P/E 32.4, PEG 3.99), IBDRY remains a buy due to strong regulated asset base growth and revenue visibility. IBDRY targets expanding its regulated asset base from €51B to €70B by 2028, supported by €58B in strategic investments and robust cash flow.

Iberdrola, S.A. (IBDRY) Q4 2025 Earnings Call Transcript

Iberdrola said net profit rose in 2025, driven by its networks business, and the energy company reiterated its guidance for the year ahead.

Europe's largest utility Iberdrola said on Wednesday that its net profit rose 12% last year to 6.29 billion euros ($7.42 billion), supported by its power network business in Britain and in the United States.

The CEO of Iberdrola in Spain on Thursday rejected the claim by the head of the country's power grid operator that mismanagement at a solar plant owned by the utility could have contributed to last year's massive blackout on April 28.
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