Engie S.A. (ENGI.PA) stock analysis

In our weekly check, Engie S.A. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 13 pass, warnings: 5, red flags: 7.

About Engie S.A.

Engie S.A. is an Utilities company (Diversified Utilities) based in France, listed on PAR as ENGI.PA.

What our checks show for ENGI.PA

Red flags

• Net debt is 2.9x a year of EBITDA (debt/equity 2.27). That limits room in a downturn and raises refinancing risk.
• Operating cash flow is negative while the company reports a profit: the profit does not arrive as cash.
• Revenue fell 8.5% a year over the last 3 years.
• Free cash flow is negative (-13.2% of revenue): the business spends more cash than it brings in.
• The dividend takes 106% of profit: little cushion if profit falls.
• The stock has fallen as much as 81% from a peak. Would you have held through that?
• Pay in shares equals 0% of free cash flow: it dilutes shareholders.

Warning signs

• The net margin fell by 1 points over 5 years, to 5.3%: the company keeps less of each sale as profit.
• Analysts expect only about 3.2% a year of growth in revenue.
• The net margin is only 5.3%: little room if costs rise.
• The stock is still below its previous peak.
• Return on capital (ROCE) is only 6.8%.

Strengths

• The gross margin is 12.3% and has risen by 1.4 points: pricing power is holding.
• Analysts expect earnings per share to grow about 13.3% a year over the next years.
• Earnings per share grew 197% a year over the last 3 years.
• Net profit grew 201% a year over the last 3 years.
• A large company: market value $64.87 billion.
• Beta 0.56: the stock usually moves less than the market.

Next earnings report: 2026-11-05

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ENEV3.SA · SRE · EOAN.DE · RWE.DE · ENEL.MI · SSE.L

Questions

What grade does Engie S.A. (ENGI.PA) have?

In our weekly check, Engie S.A. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 13 pass, warnings: 5, red flags: 7. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of ENGI.PA stock?

This week's biggest flags for Engie S.A.: High debt, Profits not backed by cash, Weak revenue growth. In total 12 of 25 checks show a warning or a red flag.

What does Engie S.A. do?

Engie S.A. is an Utilities company (Diversified Utilities) based in France, listed on PAR as ENGI.PA.

When does Engie S.A. report earnings next?

The next earnings report is expected on 2026-11-05. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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