Indra (IDR) Stock Price, Fundamentals & Analysis

What IDR does

Indra (IDR) is a technology company listed on the Bolsa de Madrid that provides technology services for the defense, aerospace, and advanced digital technologies sectors. Headquartered in Alcobendas, Spain, it operates through four segments — Defense, Air Traffic, Mobility, and Minsait — and works across Spain, Brazil, Italy, Asia, the Middle East, and Africa. Its offerings range from radars and unmanned vehicles to air traffic management systems, railway signaling, and transport planning services. With 58,383 employees, Indra is a significant player in European information technology services. It is not part of the IBEX 35, though it trades on the same exchange as peers such as Amadeus IT Group (AMS).

Key numbers explained

• At 61.72 EUR, Indra's share price sits near the upper end of its 52-week range of 36.92 – 66.15, having risen 55.2% over the past year — a strong recovery from its lows.
• The trailing P/E ratio of 24.6 shows investors currently pay 24.6 euros for every euro of the last 12 months' earnings per share of 2.51 EUR. The forward P/E ratio of 18.9, based on expected earnings, suggests the market anticipates earnings growth.
• The dividend yield of 0.49% is modest; only 22% of earnings are paid out as dividends, with the next ex-dividend date on Jul 7, 2026.
• A beta of 0.98 means Indra's share price has historically moved almost in line with the broader market.
• Revenue of 6.34B EUR grew 44.9% year over year, while the profit margin of 6.9% and operating margin of 10.2% reflect the cost structure typical of large-scale technology services.
• A return on equity of 24.5% indicates efficient use of shareholder capital, though the debt-to-equity ratio of 72.9% shows meaningful leverage.
• The price-to-book ratio of 5.58 means the stock trades at over five times its book value, common for asset-light technology firms.

What to watch

Indra's results are influenced by government defense spending and aerospace contracts, which can be cyclical and subject to political budget decisions. Revenue growth of 44.9% is notable but watch whether it can be sustained across the Defense, Air Traffic, and Minsait segments. The relatively high debt-to-equity ratio of 72.9% is worth monitoring alongside future earnings releases, with the next one scheduled for Oct 29, 2026. Margin trends — the operating margin is currently 10.2% — may shift as contract mix and project costs evolve. Finally, as a company with a beta near 1.0, Indra tends to reflect broader market movements, so macroeconomic conditions and interest rate changes are relevant context.