The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

HOT.DE

Concerning the House

HOCHTIEF Aktiengesellschaft engages in the construction business worldwide. It operates under Turner, CIMIC, Engineering and construction, and Abertis segment. The company provides solutions for large-scale building, civil engineering and industrial projects, including engineering, project management, supply chain, and procurement services to the execution of civil works and industrial and infrastructure maintenance services, as well as construction management services. It also engages in the engineering and construction businesses for public and private clients; infrastructure investment activities; and industrial, energy, natural resources, and civil infrastructure business. HOCHTIEF Aktiengesellschaft was founded in 1873 and is headquartered in Essen, Germany. HOCHTIEF Aktiengesellschaft is a subsidiary of ACS, Actividades de Construcción y Servicios, S.A.

Germany · www.hochtief.com

The Ledger
LineMar 2025Jun 2025Sep 2025Dec 2025
Revenue$8.92B$9.45B$9.74B$10.13B
Gross profit$2.38B$2.13B$2.71B$2.36B
Operating income$455.12M$300.66M$344.08M-$17.19M
Net income$307.79M$173.24M$174.62M$246.69M
Diluted EPS4.092.302.32
Free cash flow-$913.98M$867.71M$102.95M$1.56B
CapEx-$98.77M-$102.26M-$169.29M-$54.42M
Quotation

$443.80

-1.40 (-0.3%)

52w hi$549.00
52w lo$208.89
Vol35.97K
As ofAug 13
The Verdict

Hold

Our score +0.09

Short-0.11
Medium+0.11
Long+0.47

computed 2026-08-13

By the Numbers

HOCHTIEF Aktiengesellschaft

Industrials · Engineering & Construction

Market cap$33.39B
Enterprise value$34.56B
Trailing P/E37.61x
Forward P/E24.70x
EV / EBITDA20.66x
P / S (ttm)0.83x
Profit margin2.2%
Return on equity92.9%
Revenue growth+13.6%
Earnings growth+48.7%
Debt / equity715.52
Risk Metrics
Beta vs SPX0.67
Corr SPX0.28
Annual vol38.5%
Annual ret+75.2%
Sharpe1.95
Max DD-26.0%

Window: 504 trading days (489 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.40
Sector+0.07
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$446.80$448.00$442.60$443.8035.97K
Aug 12$449.00$455.00$445.20$445.2034.26K
Aug 11$448.20$453.40$444.00$444.8034.98K
Aug 10$452.00$457.60$448.00$448.0033.27K
Aug 7$458.80$462.00$452.40$452.4040.85K