Edenred SE operates as a digital platform for services and payments for companies, employees, and merchants worldwide.
Profile & Fundamentals
Edenred: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Edenred Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
Edenred SE operates as a digital platform for services and payments for companies, employees, and merchants worldwide. It offers employee benefit solutions, including Ticket Restaurant, a solution that allows employees to take time out for lunch at a partner merchant; Ticket Alimentación, which allows users to pay for groceries in stores and supermarkets; Edenred Regalo, a gift voucher; Ticket CESU, a human services solution; Edenred City, a solution that enables the purchase of staples, such as food and fuel; Welfare Edenred, which employees can use to pay for various services, including access to sports facilities and solutions for their children's educational needs; Edenred Eco, a solution that encourages the purchase of environmentally friendly products in Belgium; and Kadéos Culture in France and Ticket Cultura in Brazil for cultural goods and services, as well as mobility solutions through Edenred Mobility. The company also offers mobility solutions comprising Ticket Car for employees to pay for fuel and other business travel expenses; Empresarial, which enables companies to control spending to reimburse expense claims; Cintelink, a smart cloud platform for service stations and commercial fleets; UTA Edenred, a fuel card; Ticket Fleet Pro for truck fleet management; Edenred Finance that provides refund services to European transportation companies; The Right Fuel Card, a fuel card manager; and Spirii, a platform for recharging electric vehicles. In addition, it provides complementary solutions comprising corporate payment, incentive and rewards, salary card solutions; and benefits and engagement programs. Edenred SE was founded in 1962 and is headquartered in Issy-les-Moulineaux, France.
Company profile record
Edenred SA
Common Stock · Industrials · Diversified Support Services
Company
- Company / asset
- Edenred SA
- Security type
- Common Stock
- Sector
- Industrials
- Industry
- Diversified Support Services
- HQ
- 🇫🇷 France
- Head office
- 14-16 boulevard Garibaldi, Issy-les-Moulineaux, France, 92130
Leadership & scale
- Chief executive
- Mr. Bertrand Dumazy C.A.
- CEO year born
- 1971
- Full-time employees
- 12.1K
- Fiscal year end
- December
Fundamentals snapshot
- Market Cap
- EUR 6.6B
- P/E
- 6.6x
- Revenue (Q2 26)
- EUR 1.4B
- Profit (Q2 26)
- EUR 214.0M
- Dividend Yield
- 3.6%
- Revenue (FY 25)
- EUR 2.7B
- Shares in public float
- 200.3M
- Insider ownership
- 0.09%
Reporting & identifiers
- Symbol
- EDEN.PAR
- Listing
- 🇫🇷 France | Dividend Tax: 25%
- Ticker Currency
- EUR
- Income Statement Currency
- EUR
- Balance Sheet Currency
- EUR
- Cash Flow Currency
- EUR
- EPS Currency
- EUR
- Contract Type
- SPOT
- ISIN
- FR0010908533
- Asset ID
- equity_d0e52831-27bf-5496-8ea8-205972891f93
Ownership
Shares Outstanding
Latest: 240.1M | Max: 264.8M | Min: 221.4M
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
83.41%
200.3M latest reported shares
Insider Ownership
0.09%
Latest reported insider stake
Short Float
--
Latest reported short interest / float
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 236,390,000 |
| 2018-01-01 | 240,164,000 |
| 2019-01-01 | 242,894,900 |
| 2020-01-01 | 246,533,900 |
| 2021-01-01 | 264,028,900 |
| 2022-01-01 | 264,642,100 |
| 2023-01-01 | 264,764,100 |
| 2024-01-01 | 244,177,100 |
| 2025-01-01 | 221,356,000 |
| 2026-01-01 | 240,111,200 |
Top Holders
Available reported ownership records.
No reported records are available in this preview.
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
Edenred's headline revenue dip hides a resilient underlying business navigating government fee changes. In 2025, reported revenue declined 4.3% to EUR 2.73 billion as new fee limits took effect in Italy and Brazil. However, when adjusting for these regulatory changes, underlying operating sales actually grew at a healthy pace, supported by double-digit growth in fleet mobility services. The real financial strength appears in cash generation. Free cash flow reached EUR 901 million in 2025, buoyed by robust interest earned on customer deposits. For 2026, management raised core profit targets to between EUR 1.23 billion and EUR 1.27 billion, demonstrating that 2026 serves as a temporary reset rather than an ongoing financial decline.
Edenred's headline revenue dip hides a resilient underlying business navigating government fee changes. In 2025, reported revenue declined 4.3% to EUR 2.73 billion as new fee limits took effect in Italy and Brazil. However, when adjusting for these regulatory changes, underlying operating sales actually grew at a healthy pace, supported by double-digit growth in fleet mobility services. The real financial strength appears in cash generation. Free cash flow reached EUR 901 million in 2025, buoyed by robust interest earned on customer deposits. For 2026, management raised core profit targets to between EUR 1.23 billion and EUR 1.27 billion, demonstrating that 2026 serves as a temporary reset rather than an ongoing financial decline.
Revenue, Net Income, and Free Cash Flow
Latest: EUR 2.7B | Max: EUR 2.9B | Min: EUR 180.0M
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 4x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profitability margins experienced a temporary squeeze due to government fee ceilings rather than lost customers. Operating margins contracted from 36.4% in 2024 to 31.6% in 2025, as mandated price caps in Italy and Brazil took a direct bite out of merchant transaction fees. However, high interest income earned on customer cash deposits provided an effective shock absorber. The company's long-term margin outlook remains healthy. As non-regulated fleet mobility solutions grow to represent a larger share of total sales, and as paper vouchers fully transition to digital apps in France, operating costs will drop. These efficiencies should stabilize operating profit margins above 33% as the business laps past regulatory comparisons.
Profitability margins experienced a temporary squeeze due to government fee ceilings rather than lost customers. Operating margins contracted from 36.4% in 2024 to 31.6% in 2025, as mandated price caps in Italy and Brazil took a direct bite out of merchant transaction fees. However, high interest income earned on customer cash deposits provided an effective shock absorber. The company's long-term margin outlook remains healthy. As non-regulated fleet mobility solutions grow to represent a larger share of total sales, and as paper vouchers fully transition to digital apps in France, operating costs will drop. These efficiencies should stabilize operating profit margins above 33% as the business laps past regulatory comparisons.
Profitability Margins
Latest: 52.4% | Max: 59.9% | Min: 11.6%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
52.4%
Gross profit / revenue
Operating Margin
31.6%
Operating income / revenue
Net Margin
19.1%
Net income / revenue
FCF Margin
33.0%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2016-12-31 | 1,137,380,000 | 190,800,000 | 376,300,000 |
| 2017-12-31 | 1,491,070,000 | 286,790,000 | 495,040,000 |
| 2018-12-31 | 1,512,780,000 | 289,560,000 | 497,040,000 |
| 2019-12-31 | 1,758,400,000 | 349,440,000 | 411,040,000 |
| 2020-12-31 | 1,736,060,000 | 290,360,000 | 749,080,000 |
| 2021-12-31 | 1,804,620,000 | 356,820,000 | 558,600,000 |
| 2022-12-31 | 2,080,080,000 | 413,020,000 | 922,340,000 |
| 2023-12-31 | 2,542,100,000 | 293,700,000 | 948,200,000 |
| 2024-12-31 | 2,970,240,000 | 527,280,000 | 844,480,000 |
| 2025-12-31 | 3,196,440,000 | 609,570,000 | 1,054,170,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
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| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-12-31 | 4.07 | Trailing four quarters |
| 2024-12-31 | 10.02 | Trailing four quarters |
| 2023-12-31 | 25.54 | Trailing four quarters |
| 2022-12-31 | 34.88 | Annual net income |
| 2021-12-31 | 34.22 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2016-12-31 | 39.14 | 27.4 | 16.78 | 33.08 |
| 2017-12-31 | 39.82 | 28.89 | 19.23 | 33.2 |
| 2018-12-31 | 41.22 | 31.05 | 19.14 | 32.86 |
| 2019-12-31 | 51.66 | 32.17 | 19.87 | 23.38 |
| 2020-12-31 | 49.89 | 29.3 | 16.73 | 43.15 |
| 2021-12-31 | 51.99 | 31.33 | 19.77 | 30.95 |
| 2022-12-31 | 54.17 | 30.97 | 19.86 | 44.34 |
| 2023-12-31 | 41.19 | 30.55 | 11.55 | 37.3 |
| 2024-12-31 | 59.94 | 36.41 | 17.75 | 28.43 |
| 2025-12-31 | 52.42 | 31.63 | 19.07 | 32.98 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-10-01.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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