Obrascón Huarte Lain S.A./€OHLA
1D1W1MYTD1Y5YMAX
Capital at risk
About Obrascón Huarte Lain S.A.
Obrascón Huarte Lain, S.A. (OHLA) is a Spanish multinational construction and civil engineering company headquartered in Madrid, Spain. The company specializes in infrastructure development, including civil works, building construction, and transportation infrastructure management. Its services encompass engineering, procurement, construction, maintenance, and operation of industrial facilities across sectors such as oil and gas, power, cement, mining, and petrochemicals. OHLA was formed in 1999 through the merger of Obrascón, Huarte, and Construcciones Lain, with origins dating back to 1911. The company operates globally, with a presence in the Americas, Europe, Asia, Africa, and Oceania. OHLA's strategic positioning includes a diversified portfolio and extensive international experience in complex infrastructure projects.
- Ticker
- €OHLA
- Sector
- Industrials
- Primary listing
- BME
- Employees
- 7,255
- Headquarters
- Madrid, Spain
- Website
- ohla-group.com
OHLA Metrics
BasicAdvanced
€490M
18.62
€0.02
1.05
-
Price and volume
Market cap
€490M
Beta
1.05
52-week high
€0.52
52-week low
€0.34
Average daily volume
8.4M
Financial strength
Current ratio
1.274
Quick ratio
1.011
Long term debt to equity
0.607
Total debt to equity
0.836
Interest coverage (TTM)
2.67%
Profitability
EBITDA (TTM)
187.598
Gross margin (TTM)
42.78%
Net profit margin (TTM)
0.91%
Operating margin (TTM)
4.01%
Effective tax rate (TTM)
40.82%
Revenue per employee (TTM)
€480,000
Management effectiveness
Return on assets (TTM)
2.53%
Return on equity (TTM)
7.21%
Valuation
Price to earnings (TTM)
18.624
Price to revenue (TTM)
0.139
Price to book
0.79
Price to tangible book (TTM)
0.93
Price to free cash flow (TTM)
3.819
Free cash flow yield (TTM)
26.19%
Free cash flow per share (TTM)
0.093
Growth
Revenue change (TTM)
-2.92%
Earnings per share change (TTM)
-138.40%
3-year revenue growth (CAGR)
5.25%
10-year revenue growth (CAGR)
-2.49%
3-year earnings per share growth (CAGR)
-31.95%
10-year earnings per share growth (CAGR)
-3.35%
Bulls say / Bears say
OHLA’s H1 2026 recurring EBITDA rose 39% to €116.9 million, with margins expanding to 6.7% thanks to solid performance in its Construction division (Cinco Días)
The company returned to profitability in H1 2026 with a net attributable profit of €0.5 million, reversing a €29.7 million loss in H1 2025 and would have achieved €27.1 million excluding a one-off litigation charge (Cinco Días)
OHLA’s order book reached €10.061 billion (+3.3% year-on-year) at March 31, 2026, providing 29.3 months of revenue coverage and underpinning near-term visibility (CNMV)
A €26.6 million non-recurring charge related to the U.S. Judlau Contracting litigation reduced H1 2026 EBITDA from €116.9 million to €103.6 million, underscoring persistent legal and financial risks in its North American operations (Cinco Días)
The group's debt maturity profile remains constrained by a €327 million bond issue signed in February 2025, which OHLA plans to refinance post-summer 2026 to lift operational covenants and the current dividend ban (Cinco Días)
Despite revenue of €2.035 billion in H1 2026, net attributable profit was just €0.5 million, reflecting a razor-thin margin of under 0.03% that leaves earnings vulnerable to any downturn or absence of one-off gains (Cinco Días)
Data summarised monthly by Lightyear AI. Last updated on 6 Sept 2026.
OHLA Financial Performance
Revenues and expenses
OHLA Earnings Performance
Company profitability
Upcoming events
No upcoming events
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.