{
  "ticker": {
    "uuid": "51d6abe5-aa61-4d87-ab5b-e8e7b43ecf3e",
    "symbol": "IBE1",
    "name": "Iberdrola, S.A.",
    "exchange": "GER",
    "exchange_name": "XETRA",
    "country": "DE",
    "currency": "EUR",
    "sector": "Utilities",
    "industry": "Utilities - Diversified",
    "page_url": "https://sharemaestro.com/factors/ticker/51d6abe5-aa61-4d87-ab5b-e8e7b43ecf3e/",
    "api_url": "https://sharemaestro.com/factors/api/tickers/51d6abe5-aa61-4d87-ab5b-e8e7b43ecf3e/"
  },
  "latest_snapshot": {
    "ticker": {
      "uuid": "51d6abe5-aa61-4d87-ab5b-e8e7b43ecf3e",
      "symbol": "IBE1",
      "name": "Iberdrola, S.A.",
      "exchange": "GER",
      "exchange_name": "XETRA",
      "country": "DE",
      "currency": "EUR",
      "sector": "Utilities",
      "industry": "Utilities - Diversified",
      "page_url": "https://sharemaestro.com/factors/ticker/51d6abe5-aa61-4d87-ab5b-e8e7b43ecf3e/",
      "api_url": "https://sharemaestro.com/factors/api/tickers/51d6abe5-aa61-4d87-ab5b-e8e7b43ecf3e/"
    },
    "week_end_date": "2026-07-19",
    "universe": "EUR_DE",
    "score": {
      "os": 0.46,
      "value": 0.26,
      "quality": 0.59,
      "momentum": 0.78,
      "coverage": 0.939,
      "confidence": 0.91,
      "delta": 1
    },
    "headline_factors": {
      "price": 21.27,
      "market_cap": 139850250000,
      "pe_ratio": 22.2514,
      "earnings_yield": 0.0539,
      "ebitda_to_ev": 0.0846,
      "shareholder_yield": 0.0173,
      "roe": 0.1056,
      "piotroski_f_score": 7,
      "momentum_12_1": 0.3133,
      "volatility_252d": 0.1722
    },
    "strategy_flags": {
      "market_leader": false,
      "cornerstone_value": false,
      "cornerstone_growth": false,
      "tiny_titan": false,
      "all_cap_buyback": false,
      "small_cap_core": false,
      "veiled_value": false,
      "earnings_consistent_5y": true
    },
    "factor_groups": {
      "valuation": {
        "pe_ratio": 22.2514,
        "ev_ebitda": 11.8212,
        "earnings_yield": 0.0539,
        "fcf_yield": 0.0167,
        "shareholder_yield": 0.0173
      },
      "quality": {
        "roe": 0.1056,
        "roic": 0.07,
        "gross_margin": 0.5456,
        "fcf_margin": 0.0753,
        "piotroski_f_score": 7
      },
      "growth": {
        "revenue_growth_1y": 0.0253,
        "eps_growth_1y": 0.065,
        "fcf_growth_1y": -0.0656
      },
      "momentum": {
        "price_return_12m": 0.381,
        "momentum_12_1": 0.3133,
        "relative_strength": 0.3587
      },
      "scores": {
        "value_percentile": 0.26,
        "quality_percentile": 0.59,
        "momentum_percentile": 0.78,
        "growth_composite": 59,
        "yield_composite": 63,
        "overall_composite": 54,
        "os_score": 0.46,
        "factor_coverage": 0.939,
        "signal_confidence": 0.91
      }
    }
  },
  "factor_history": [
    {
      "week_end_date": "2026-06-07",
      "price": 19.48,
      "os": 0.33,
      "value": 0.29,
      "quality": 0.42,
      "momentum": 0.71,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 20.9413,
      "earnings_yield": 0.0562,
      "shareholder_yield": 0.0184,
      "roe": 0.1056,
      "momentum_12_1": 0.2482
    },
    {
      "week_end_date": "2026-06-14",
      "price": 19.93,
      "os": 0.3,
      "value": 0.28,
      "quality": 0.41,
      "momentum": 0.69,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 20.9004,
      "earnings_yield": 0.0563,
      "shareholder_yield": 0.0176,
      "roe": 0.1056,
      "momentum_12_1": 0.2241
    },
    {
      "week_end_date": "2026-06-21",
      "price": 20.23,
      "os": 0.41,
      "value": 0.29,
      "quality": 0.55,
      "momentum": 0.69,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 21.2088,
      "earnings_yield": 0.0557,
      "shareholder_yield": 0.0173,
      "roe": 0.1056,
      "momentum_12_1": 0.2442
    },
    {
      "week_end_date": "2026-06-28",
      "price": 21.15,
      "os": 0.44,
      "value": 0.26,
      "quality": 0.61,
      "momentum": 0.74,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 22.1752,
      "earnings_yield": 0.054,
      "shareholder_yield": 0.0165,
      "roe": 0.1056,
      "momentum_12_1": 0.2391
    },
    {
      "week_end_date": "2026-07-05",
      "price": 21.38,
      "os": 0.46,
      "value": 0.27,
      "quality": 0.6,
      "momentum": 0.75,
      "confidence": 0.931,
      "coverage": 0.939,
      "pe_ratio": 22.3696,
      "earnings_yield": 0.0537,
      "shareholder_yield": -0.0028,
      "roe": 0.1056,
      "momentum_12_1": 0.2407
    },
    {
      "week_end_date": "2026-07-12",
      "price": 20.94,
      "os": 0.47,
      "value": 0.27,
      "quality": 0.59,
      "momentum": 0.77,
      "confidence": 0.92,
      "coverage": 0.939,
      "pe_ratio": 21.9062,
      "earnings_yield": 0.0545,
      "shareholder_yield": 0.0175,
      "roe": 0.1056,
      "momentum_12_1": 0.2975
    },
    {
      "week_end_date": "2026-07-19",
      "price": 21.27,
      "os": 0.46,
      "value": 0.26,
      "quality": 0.59,
      "momentum": 0.78,
      "confidence": 0.91,
      "coverage": 0.939,
      "pe_ratio": 22.2514,
      "earnings_yield": 0.0539,
      "shareholder_yield": 0.0173,
      "roe": 0.1056,
      "momentum_12_1": 0.3133
    }
  ],
  "financial_periods": {
    "annual": [
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 44076000000,
          "cost_of_revenue": 20028000000,
          "gross_profit": 24048000000,
          "ebit": 10677000000,
          "ebitda": 16763000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 6285000000,
          "net_income_to_common": 6285000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 24781000000,
          "total_assets": 160762000000,
          "short_term_debt": 12315000000,
          "long_term_debt": 42322000000,
          "total_debt": 57231000000,
          "total_liabilities": null,
          "total_equity": 50068000000,
          "shares_outstanding": 6597551694,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 11635000000,
          "capital_expenditure": -8318000000,
          "free_cash_flow": 3317000000,
          "dividends_paid": -1275000000,
          "share_repurchases": -3017000000,
          "shares_issued": 5107000000,
          "net_debt_issued": 2460000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 44076000000,
          "cost_of_revenue": 20028000000,
          "gross_profit": 24048000000,
          "ebit": 10677000000,
          "ebitda": 16763000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 6285000000,
          "net_income_to_common": 6285000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 24781000000,
          "total_assets": 160762000000,
          "short_term_debt": 12315000000,
          "long_term_debt": 42322000000,
          "total_debt": 57231000000,
          "total_liabilities": null,
          "total_equity": 50068000000,
          "shares_outstanding": 6597551694,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 11635000000,
          "capital_expenditure": -8318000000,
          "free_cash_flow": 3317000000,
          "dividends_paid": -1275000000,
          "share_repurchases": -3017000000,
          "shares_issued": 5107000000,
          "net_debt_issued": 2460000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 44076000000,
          "cost_of_revenue": 20028000000,
          "gross_profit": 24048000000,
          "ebit": 10677000000,
          "ebitda": 16763000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 6285000000,
          "net_income_to_common": 6285000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 24781000000,
          "total_assets": 160762000000,
          "short_term_debt": 12315000000,
          "long_term_debt": 42322000000,
          "total_debt": 57231000000,
          "total_liabilities": null,
          "total_equity": 50068000000,
          "shares_outstanding": 6597551694,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 11635000000,
          "capital_expenditure": -8318000000,
          "free_cash_flow": 3317000000,
          "dividends_paid": -1275000000,
          "share_repurchases": -3017000000,
          "shares_issued": 5107000000,
          "net_debt_issued": 2460000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 44076000000,
          "cost_of_revenue": 20028000000,
          "gross_profit": 24048000000,
          "ebit": 10677000000,
          "ebitda": 16763000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 6285000000,
          "net_income_to_common": 6285000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 24781000000,
          "total_assets": 160762000000,
          "short_term_debt": 12315000000,
          "long_term_debt": 42322000000,
          "total_debt": 57231000000,
          "total_liabilities": null,
          "total_equity": 50068000000,
          "shares_outstanding": 6681227377,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 11635000000,
          "capital_expenditure": -8318000000,
          "free_cash_flow": 3317000000,
          "dividends_paid": -1275000000,
          "share_repurchases": -3017000000,
          "shares_issued": 5107000000,
          "net_debt_issued": 2460000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 44076000000,
          "cost_of_revenue": 20028000000,
          "gross_profit": 24048000000,
          "ebit": 10677000000,
          "ebitda": 16763000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 6285000000,
          "net_income_to_common": 6285000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 24781000000,
          "total_assets": 160762000000,
          "short_term_debt": 12315000000,
          "long_term_debt": 42322000000,
          "total_debt": 57231000000,
          "total_liabilities": null,
          "total_equity": 50068000000,
          "shares_outstanding": 6681227377,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 11635000000,
          "capital_expenditure": -8318000000,
          "free_cash_flow": 3317000000,
          "dividends_paid": -1275000000,
          "share_repurchases": -3017000000,
          "shares_issued": 5107000000,
          "net_debt_issued": 2460000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 44076000000,
          "cost_of_revenue": 20028000000,
          "gross_profit": 24048000000,
          "ebit": 10677000000,
          "ebitda": 16763000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 6285000000,
          "net_income_to_common": 6285000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 24781000000,
          "total_assets": 160762000000,
          "short_term_debt": 12315000000,
          "long_term_debt": 42322000000,
          "total_debt": 57231000000,
          "total_liabilities": null,
          "total_equity": 50068000000,
          "shares_outstanding": 6681227377,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 11635000000,
          "capital_expenditure": -8318000000,
          "free_cash_flow": 3317000000,
          "dividends_paid": -1275000000,
          "share_repurchases": -3017000000,
          "shares_issued": 5107000000,
          "net_debt_issued": 2460000000
        }
      },
      {
        "period_end_date": "2024-12-31",
        "period_type": "annual",
        "fiscal_year": 2024,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 42988000000,
          "cost_of_revenue": 19777000000,
          "gross_profit": 23211000000,
          "ebit": 9672000000,
          "ebitda": 15192000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 5612000000,
          "net_income_to_common": 5612000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 4082000000,
          "total_current_assets": 20835000000,
          "total_assets": 158293000000,
          "short_term_debt": 14195000000,
          "long_term_debt": 40737000000,
          "total_debt": 57731000000,
          "total_liabilities": null,
          "total_equity": 47125000000,
          "shares_outstanding": 6273874902,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 11925000000,
          "capital_expenditure": -8375000000,
          "free_cash_flow": 3550000000,
          "dividends_paid": -1166000000,
          "share_repurchases": -2076000000,
          "shares_issued": 79000000,
          "net_debt_issued": 5923000000
        }
      },
      {
        "period_end_date": "2024-12-31",
        "period_type": "annual",
        "fiscal_year": 2024,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 42988000000,
          "cost_of_revenue": 19777000000,
          "gross_profit": 23211000000,
          "ebit": 9672000000,
          "ebitda": 15192000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 5612000000,
          "net_income_to_common": 5612000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 4082000000,
          "total_current_assets": 20835000000,
          "total_assets": 158293000000,
          "short_term_debt": 14195000000,
          "long_term_debt": 40737000000,
          "total_debt": 57731000000,
          "total_liabilities": null,
          "total_equity": 47125000000,
          "shares_outstanding": 6273874902,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 11925000000,
          "capital_expenditure": -8375000000,
          "free_cash_flow": 3550000000,
          "dividends_paid": -1166000000,
          "share_repurchases": -2076000000,
          "shares_issued": 79000000,
          "net_debt_issued": 5923000000
        }
      }
    ],
    "quarterly": [
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 12017600000,
          "cost_of_revenue": 5588200000,
          "gross_profit": 6429300000,
          "ebit": 2591400000,
          "ebitda": 4777700000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 1711300000,
          "net_income_to_common": 1711300000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 4872000000,
          "total_current_assets": 24443000000,
          "total_assets": 165027000000,
          "short_term_debt": 12670000000,
          "long_term_debt": 44427000000,
          "total_debt": 59747000000,
          "total_liabilities": null,
          "total_equity": 59534000000,
          "shares_outstanding": 6647134087,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": null,
          "capital_expenditure": null,
          "free_cash_flow": null,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 12017600000,
          "cost_of_revenue": 5588200000,
          "gross_profit": 6429300000,
          "ebit": 2591400000,
          "ebitda": 4777700000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 1711300000,
          "net_income_to_common": 1711300000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 4872000000,
          "total_current_assets": 24443000000,
          "total_assets": 165027000000,
          "short_term_debt": 12670000000,
          "long_term_debt": 44427000000,
          "total_debt": 59747000000,
          "total_liabilities": null,
          "total_equity": 59534000000,
          "shares_outstanding": 6647134087,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": null,
          "capital_expenditure": null,
          "free_cash_flow": null,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 12017600000,
          "cost_of_revenue": 5588200000,
          "gross_profit": 6429300000,
          "ebit": 2591400000,
          "ebitda": 4777700000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 1711300000,
          "net_income_to_common": 1711300000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 4872000000,
          "total_current_assets": 24443000000,
          "total_assets": 165027000000,
          "short_term_debt": 12670000000,
          "long_term_debt": 44427000000,
          "total_debt": 59747000000,
          "total_liabilities": null,
          "total_equity": 59534000000,
          "shares_outstanding": 6647134087,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": null,
          "capital_expenditure": null,
          "free_cash_flow": null,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 12017600000,
          "cost_of_revenue": 5588200000,
          "gross_profit": 6429300000,
          "ebit": 2591400000,
          "ebitda": 4777700000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 1711300000,
          "net_income_to_common": 1711300000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 4872000000,
          "total_current_assets": 24443000000,
          "total_assets": 165027000000,
          "short_term_debt": 12670000000,
          "long_term_debt": 44427000000,
          "total_debt": 59747000000,
          "total_liabilities": null,
          "total_equity": 59534000000,
          "shares_outstanding": 6757845603,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": null,
          "capital_expenditure": null,
          "free_cash_flow": null,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 12017600000,
          "cost_of_revenue": 5588200000,
          "gross_profit": 6429300000,
          "ebit": 2591400000,
          "ebitda": 4777700000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 1711300000,
          "net_income_to_common": 1711300000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 4872000000,
          "total_current_assets": 24443000000,
          "total_assets": 165027000000,
          "short_term_debt": 12670000000,
          "long_term_debt": 44427000000,
          "total_debt": 59747000000,
          "total_liabilities": null,
          "total_equity": 59534000000,
          "shares_outstanding": 6757845603,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": null,
          "capital_expenditure": null,
          "free_cash_flow": null,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 12017600000,
          "cost_of_revenue": 5588200000,
          "gross_profit": 6429300000,
          "ebit": 2591400000,
          "ebitda": 4777700000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 1711300000,
          "net_income_to_common": 1711300000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 4872000000,
          "total_current_assets": 24443000000,
          "total_assets": 165027000000,
          "short_term_debt": 12670000000,
          "long_term_debt": 44427000000,
          "total_debt": 59747000000,
          "total_liabilities": null,
          "total_equity": 59534000000,
          "shares_outstanding": 6757845603,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": null,
          "capital_expenditure": null,
          "free_cash_flow": null,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 10212800000,
          "cost_of_revenue": 4571400000,
          "gross_profit": 5641400000,
          "ebit": 2510500000,
          "ebitda": 529000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 978000000,
          "net_income_to_common": 978000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 24781000000,
          "total_assets": 160762000000,
          "short_term_debt": 12315000000,
          "long_term_debt": 42322000000,
          "total_debt": 57231000000,
          "total_liabilities": null,
          "total_equity": 50068000000,
          "shares_outstanding": 6597551694,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": null,
          "capital_expenditure": null,
          "free_cash_flow": null,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 10212800000,
          "cost_of_revenue": 4571400000,
          "gross_profit": 5641400000,
          "ebit": 2510500000,
          "ebitda": 529000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 978000000,
          "net_income_to_common": 978000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 24781000000,
          "total_assets": 160762000000,
          "short_term_debt": 12315000000,
          "long_term_debt": 42322000000,
          "total_debt": 57231000000,
          "total_liabilities": null,
          "total_equity": 50068000000,
          "shares_outstanding": 6597551694,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": null,
          "capital_expenditure": null,
          "free_cash_flow": null,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 10212800000,
          "cost_of_revenue": 4571400000,
          "gross_profit": 5641400000,
          "ebit": 2510500000,
          "ebitda": 529000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 978000000,
          "net_income_to_common": 978000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 24781000000,
          "total_assets": 160762000000,
          "short_term_debt": 12315000000,
          "long_term_debt": 42322000000,
          "total_debt": 57231000000,
          "total_liabilities": null,
          "total_equity": 50068000000,
          "shares_outstanding": 6597551694,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": null,
          "capital_expenditure": null,
          "free_cash_flow": null,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 10212800000,
          "cost_of_revenue": 4571400000,
          "gross_profit": 5641400000,
          "ebit": 2510500000,
          "ebitda": 529000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 978000000,
          "net_income_to_common": 978000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 24781000000,
          "total_assets": 160762000000,
          "short_term_debt": 12315000000,
          "long_term_debt": 42322000000,
          "total_debt": 57231000000,
          "total_liabilities": null,
          "total_equity": 50068000000,
          "shares_outstanding": 6681227377,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": null,
          "capital_expenditure": null,
          "free_cash_flow": null,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 10212800000,
          "cost_of_revenue": 4571400000,
          "gross_profit": 5641400000,
          "ebit": 2510500000,
          "ebitda": 529000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 978000000,
          "net_income_to_common": 978000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 24781000000,
          "total_assets": 160762000000,
          "short_term_debt": 12315000000,
          "long_term_debt": 42322000000,
          "total_debt": 57231000000,
          "total_liabilities": null,
          "total_equity": 50068000000,
          "shares_outstanding": 6681227377,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": null,
          "capital_expenditure": null,
          "free_cash_flow": null,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 10212800000,
          "cost_of_revenue": 4571400000,
          "gross_profit": 5641400000,
          "ebit": 2510500000,
          "ebitda": 529000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 978000000,
          "net_income_to_common": 978000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 24781000000,
          "total_assets": 160762000000,
          "short_term_debt": 12315000000,
          "long_term_debt": 42322000000,
          "total_debt": 57231000000,
          "total_liabilities": null,
          "total_equity": 50068000000,
          "shares_outstanding": 6681227377,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": null,
          "capital_expenditure": null,
          "free_cash_flow": null,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      }
    ]
  },
  "strategy_matches": [
    {
      "key": "ebitda_ev",
      "name": "EBITDA/EV Value",
      "slug": "ebitda-ev",
      "group": "value",
      "page_url": "/factors/ebitda-ev/"
    },
    {
      "key": "sector_relative",
      "name": "Cheapest in Sector",
      "slug": "sector-relative",
      "group": "value",
      "page_url": "/factors/sector-relative/"
    },
    {
      "key": "capital_allocators",
      "name": "Capital Allocators",
      "slug": "capital-allocators",
      "group": "quality",
      "page_url": "/factors/capital-allocators/"
    },
    {
      "key": "risk_adj_momentum",
      "name": "Risk-Adjusted Momentum",
      "slug": "risk-adj-momentum",
      "group": "momentum",
      "page_url": "/factors/risk-adj-momentum/"
    },
    {
      "key": "momentum_leaders",
      "name": "Momentum Leaders",
      "slug": "momentum-leaders",
      "group": "momentum",
      "page_url": "/factors/momentum-leaders/"
    },
    {
      "key": "shareholder_yield",
      "name": "Shareholder Yield",
      "slug": "shareholder-yield",
      "group": "income",
      "page_url": "/factors/shareholder-yield/"
    },
    {
      "key": "low_volatility",
      "name": "Low Volatility",
      "slug": "low-volatility",
      "group": "defensive",
      "page_url": "/factors/low-volatility/"
    }
  ],
  "coverage": {
    "factor_history_points": 7,
    "annual_financial_periods": 8,
    "quarterly_financial_periods": 12,
    "latest_factor_week": "2026-07-19",
    "latest_financials_period_end": "2025-12-31"
  },
  "schema": {
    "public_fields_only": true
  }
}