Telefonica (TEF.MC) Stock Price

Telefonica Price

🇪🇸BME·CLOSED
3.88EUR
Market closed
Today +/-
Today %

Telefonica (TEF.MC) Stock | ISIN ES0178430E18 | WKN 850775. The current Telefonica stock price is 3.88 EUR (2026). Revenue is 36.56 B EUR. Net income is 1.83 B EUR. The P/E ratio is 11.99. Market capitalization is 21.89 B EUR. Telefonica operates in the Communication sector.

Telefonica stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Telefonica over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Telefonica stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Telefonica's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Telefonica Stock Price History
DateTelefonica Price
Access this data via the Eulerpool API

Telefonica Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2005
37.88 B EUR
9.25 B EUR
4.45 B EUR
Jan 1, 2006
52.9 B EUR
10.35 B EUR
6.23 B EUR
Jan 1, 2007
56.44 B EUR
11.84 B EUR
8.91 B EUR
Jan 1, 2008
57.95 B EUR
13.68 B EUR
7.59 B EUR
Jan 1, 2009
56.73 B EUR
13.44 B EUR
7.78 B EUR
Jan 1, 2010
60.74 B EUR
12.29 B EUR
10.17 B EUR
Jan 1, 2011
62.84 B EUR
9.25 B EUR
5.4 B EUR
Jan 1, 2012
62.36 B EUR
10.58 B EUR
3.93 B EUR
Jan 1, 2013
57.06 B EUR
9.33 B EUR
4.59 B EUR
Jan 1, 2014
43.46 B EUR
6.04 B EUR
3 B EUR
Jan 1, 2015
54.92 B EUR
3.35 B EUR
368 M EUR
Jan 1, 2016
52.04 B EUR
5.4 B EUR
2.11 B EUR
Jan 1, 2017
52.01 B EUR
6.66 B EUR
2.86 B EUR
Jan 1, 2018
48.69 B EUR
6.65 B EUR
2.93 B EUR
Jan 1, 2019
48.42 B EUR
3.64 B EUR
860 M EUR

Telefonica Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 10, 2026, 12:36 PM
 
REVENUE (M EUR)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M EUR)
NET INCOME (M EUR)
NET INCOME GROWTH (%)
DIV. (EUR)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Telefonica generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Telefonica retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Telefonica's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Telefonica has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Telefonica's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Telefonica stock margins

The Telefonica margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Telefonica. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Telefonica.
  • 3 Years

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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2005
57.29 %
24.41 %
11.74 %
Jan 1, 2006
69.92 %
19.56 %
11.78 %
Jan 1, 2007
69.53 %
20.97 %
15.78 %
Jan 1, 2008
70.52 %
23.61 %
13.1 %
Jan 1, 2009
71.8 %
23.69 %
13.71 %
Jan 1, 2010
72.23 %
20.24 %
16.74 %
Jan 1, 2011
72.12 %
14.71 %
8.6 %
Jan 1, 2012
72.33 %
16.97 %
6.3 %
Jan 1, 2013
52.97 %
16.35 %
8.05 %
Jan 1, 2014
54.17 %
13.89 %
6.91 %
Jan 1, 2015
50.49 %
6.1 %
0.67 %
Jan 1, 2016
52.32 %
10.37 %
4.06 %
Jan 1, 2017
52.69 %
12.8 %
5.49 %
Jan 1, 2018
51.54 %
13.65 %
6.02 %
Jan 1, 2019
52.04 %
7.52 %
1.78 %

Telefonica Stock Revenue, EBIT, Earnings per Share

The Telefonica earnings per share therefore indicates how much revenue Telefonica has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2005
7.03 EUR
1.72 EUR
0.83 EUR
Jan 1, 2006
10.01 EUR
1.96 EUR
1.18 EUR
Jan 1, 2007
10.72 EUR
2.25 EUR
1.69 EUR
Jan 1, 2008
11.27 EUR
2.66 EUR
1.48 EUR
Jan 1, 2009
11.25 EUR
2.67 EUR
1.54 EUR
Jan 1, 2010
12.13 EUR
2.46 EUR
2.03 EUR
Jan 1, 2011
12.6 EUR
1.85 EUR
1.08 EUR
Jan 1, 2012
12.74 EUR
2.16 EUR
0.8 EUR
Jan 1, 2013
11.59 EUR
1.89 EUR
0.93 EUR
Jan 1, 2014
8.95 EUR
1.24 EUR
0.62 EUR
Jan 1, 2015
10.39 EUR
0.63 EUR
0.07 EUR
Jan 1, 2016
8.56 EUR
0.89 EUR
0.35 EUR
Jan 1, 2017
8.48 EUR
1.09 EUR
0.47 EUR
Jan 1, 2018
7.91 EUR
1.08 EUR
0.48 EUR
Jan 1, 2019
7.87 EUR
0.59 EUR
0.14 EUR

Telefonica business model & stock analysis

Telefonica SA is a Spanish telecommunications company that was founded in 1924. The company is one of the largest of its kind in Europe and offers numerous products and services in over 20 countries worldwide. Its main business areas are fixed-line, mobile, and internet services. Telefonica SA is also involved in the production and distribution of digital content.

Telefonica SWOT Analysis

Strengths

Telefonica SA has a strong global presence and is one of the largest telecommunications companies in the world. With operations in multiple countries, it benefits from economies of scale and diversification.

The company has a solid customer base with millions of subscribers, giving it a competitive advantage in the telecommunications industry. It offers a wide range of services, including fixed-line and mobile telephony, internet, and digital services, catering to the evolving needs of its customers.

Weaknesses

One of the main weaknesses of Telefonica SA is its high debt levels. The company has struggled with significant debt burdens, which can hinder its ability to invest in innovation, infrastructure, and new technologies.

Additionally, Telefonica SA operates in a highly competitive market, facing competition from both traditional telecommunications companies and emerging digital communication platforms. This can put pressure on its market share and profitability.

Opportunities

The increasing demand for high-speed internet, advancements in technology, and the growth of the Internet of Things (IoT) present significant opportunities for Telefonica SA. The company can capitalize on these trends by offering innovative services and expanding its connectivity solutions.

Moreover, Telefonica SA can leverage its strong international presence to enter new markets and explore strategic partnerships with local players. This can open up new revenue streams and enhance its competitive position in the global telecommunications industry.

Threats

Regulatory changes and governmental policies related to the telecommunications sector pose a threat to Telefonica SA's operations. Changes in regulations can impact pricing, market access, and competition, potentially affecting the company's profitability.

Cybersecurity threats are also a significant concern for telecommunications companies. Telefonica SA must continually invest in robust security measures to protect its networks, data, and customers from cyber attacks, ensuring business continuity and maintaining customer trust.

Telefonica Segments

Telefonica Revenue by Segment (1/2)

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  • Max

Telefónica Spain
Retailers
Telefónica Brazil
Telefónica Hispam
Telefónica Germany
Mobile
Fixed
Wholesalers, mobile handsets sales and others
Telefónica United Kingdom
Other companies
Others and elims
VMO2
VMED O2 UK Ltd
Details
Date
Telefónica Spain
Retailers
Telefónica Brazil
Telefónica Hispam
Telefónica Germany
Mobile
Fixed
Wholesalers, mobile handsets sales and others
Telefónica United Kingdom
Other companies
Others and elims
VMO2
VMED O2 UK Ltd
Jan 1, 2021
12.16 B EUR
0 EUR
6.9 B EUR
8.26 B EUR
7.74 B EUR
0 EUR
0 EUR
0 EUR
2.61 B EUR
1.63 B EUR
0 EUR
0 EUR
0 EUR
Jan 1, 2022
12.22 B EUR
9.66 B EUR
8.85 B EUR
9.03 B EUR
8.2 B EUR
6 B EUR
3.14 B EUR
2.84 B EUR
0 EUR
1.69 B EUR
1.26 B EUR
0 EUR
0 EUR
Jan 1, 2023
12.35 B EUR
9.87 B EUR
9.64 B EUR
8.28 B EUR
8.59 B EUR
5.49 B EUR
2.89 B EUR
2.78 B EUR
0 EUR
1.79 B EUR
1.35 B EUR
0 EUR
0 EUR
Jan 1, 2024
12.51 B EUR
0 EUR
9.61 B EUR
0 EUR
8.46 B EUR
0 EUR
0 EUR
0 EUR
0 EUR
1.81 B EUR
0 EUR
0 EUR
0 EUR

Telefonica Revenue by Segment (2/2)

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  • Max

Retailers
Retailer
Telefónica Hispam
Mobile
Fixed
Wholesalers, mobile handsets sales and others
Others and elims
Details
Date
Retailers
Retailer
Telefónica Hispam
Mobile
Fixed
Wholesalers, mobile handsets sales and others
Others and elims
Jan 1, 2021
0 EUR
9.7 B EUR
0 EUR
5.44 B EUR
2.91 B EUR
2.72 B EUR
1.2 B EUR
Jan 1, 2022
0 EUR
0 EUR
0 EUR
0 EUR
0 EUR
0 EUR
0 EUR
Jan 1, 2023
0 EUR
0 EUR
0 EUR
0 EUR
0 EUR
0 EUR
0 EUR
Jan 1, 2024
10.09 B EUR
0 EUR
8.92 B EUR
6.06 B EUR
2.98 B EUR
2.7 B EUR
1.38 B EUR

Telefonica Revenue by Region

  • Max

Argentina
Details
Date
Argentina
Jan 1, 2023
1.24 B EUR
Jan 1, 2024
2.23 B EUR

Telefonica Eulerpool Fair Value

Telefonica historical P/E ratio, EBIT multiple, and P/S ratio

Telefonica annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Telefonica shares outstanding

The number of shares was Telefonica in 2025 — This indicates how many shares 5.636 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2005
5.39 B base_Shares
Jan 1, 2006
5.28 B base_Shares
Jan 1, 2007
5.26 B base_Shares
Jan 1, 2008
5.14 B base_Shares
Jan 1, 2009
5.04 B base_Shares
Jan 1, 2010
5.01 B base_Shares
Jan 1, 2011
4.99 B base_Shares
Jan 1, 2012
4.9 B base_Shares
Jan 1, 2013
4.92 B base_Shares
Jan 1, 2014
4.86 B base_Shares
Jan 1, 2015
5.29 B base_Shares
Jan 1, 2016
6.08 B base_Shares
Jan 1, 2017
6.13 B base_Shares
Jan 1, 2018
6.15 B base_Shares
Jan 1, 2019
6.15 B base_Shares

Telefonica Dividend History

32 years of dividend payments

YearAnnual DividendYoY ChangePayments
20250.3EUR 0.0%
Jun 17, 20250.15EUR 0.0%1/2
Dec 16, 20250.15EUR 0.0%2/2
20240.3EUR 0.0%
20230.3EUR 0.7%
20220.3EUR 13.9%
20210.35EUR 10.6%
20200.39EUR 3.3%
20190.4EUR 0.0%
20180.4EUR 0.0%
20170.4EUR 45.9%
20160.74EUR 0.7%

Telefonica dividend history and estimates

In 2025, Telefonica paid a dividend amounting to 0.3 EUR. Dividend means that Telefonica distributes a portion of its profits to its owners.
  • 3 Years

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  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2005
0.5 EUR
0 EUR
0.21 EUR
Jan 1, 2006
0.55 EUR
0 EUR
0 EUR
Jan 1, 2007
0.65 EUR
0 EUR
0 EUR
Invalid Date
0 EUR
0.9 EUR
0 EUR
Jan 1, 2009
1 EUR
0 EUR
0 EUR
Jan 1, 2010
1.3 EUR
0 EUR
0 EUR
Jan 1, 2011
1.52 EUR
0 EUR
0 EUR
Invalid Date
0.53 EUR
0.03 EUR
0 EUR
Invalid Date
0.35 EUR
0.29 EUR
0 EUR
Jan 1, 2014
0.74 EUR
0 EUR
0 EUR
Jan 1, 2015
0.75 EUR
0 EUR
0 EUR
Jan 1, 2016
0.74 EUR
0 EUR
0 EUR
Invalid Date
0 EUR
0.4 EUR
0 EUR
Jan 1, 2018
0.4 EUR
0 EUR
0 EUR
Jan 1, 2019
0.4 EUR
0 EUR
0 EUR

Telefonica dividend payout ratio

In 2025, Telefonica had a payout ratio of 86.91%. The payout ratio indicates the percentage of the company's profits that Telefonica distributes as dividends.
  • 3 Years

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  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2005
53.14 %
Jan 1, 2006
36.74 %
Jan 1, 2007
30.06 %
Jan 1, 2008
47.53 %
Jan 1, 2009
50.76 %
Jan 1, 2010
50.06 %
Jan 1, 2011
110.01 %
Jan 1, 2012
52.61 %
Jan 1, 2013
29.89 %
Jan 1, 2014
96.83 %
Jan 1, 2015
889.08 %
Jan 1, 2016
181.22 %
Jan 1, 2017
74.23 %
Jan 1, 2018
72.61 %
Jan 1, 2019
247.09 %
Price targets and forecasts for Telefonica are not yet available.

Telefonica Earnings Estimates

Telefonica Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
2/21/20240.1EUR10.45 BEUR2023 Q4
2/24/20220.42EUR9.29 BEUR2021 Q4
11/4/20210.06EUR9.06 BEUR2021 Q3
7/29/20210.11EUR9.92 BEUR2021 Q2
5/13/20210.12EUR10.47 BEUR2021 Q1
2/25/2021-EUR11.03 BEUR2020 Q4
10/29/2020-EUR10.56 BEUR2020 Q3
7/30/20200.1EUR10.72 BEUR2020 Q2
5/7/2020-EUR11.48 BEUR2020 Q1
2/20/20200.06EUR12.56 BEUR2019 Q4

EESG©

Eulerpool ESG Scorecard© for the Telefonica stock

78/100
83
Environment
93
Social
57
Governance
E

Environment

20
Scope 1 - Direct Emissions122,874
Scope 2 - Indirect emissions from purchased energy939,452
Scope 3 - Indirect emissions within the value chain1,990,852
Total CO₂ emissions1,062,326
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees40
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Telefonica shareholder structure

% Name
10.06116%
Sociedad Estatal de Participaciones Industriales
Sociedad Estatal de Participaciones Industriales
10.0511%
Criteria Caixa S.A.U.
Criteria Caixa S.A.U.
10.03036%
Saudi Telecom Company
Saudi Telecom Company
5.03753%
Banco Bilbao Vizcaya Argentaria SA
Banco Bilbao Vizcaya Argentaria SA
4.58602%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
2.419%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
1.60752%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
0.6506%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
0.62123%
BlackRock Advisors (UK) Limited
BlackRock Advisors (UK) Limited
0.5289%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
...

Telefonica Executives and Management Board

JP

Mr. Jose Maria Abril Perez

(73)

Vice Chairman of the Board, Proprietary Director

Compensation301,000 EUR
IC

Mr. Isidro Faine Casas

(82)

Vice Chairman of the Board, Proprietary Director

Compensation280,000 EUR
PL

Mr. Peter Loscher

(63)

Lead Independent Director

Compensation260,000 EUR
FM

Mr. Francisco Javier de Paz Mancho

(66)

Other External Director

Compensation259,000 EUR
CR

Ms. Claudia Sender Ramirez

(50)

Independent Director

Compensation201,000 EUR

Telefonica Supply Chain

Frequently asked questions about Telefonica

The business model of Telefonica SA revolves around providing telecommunication services globally. As a leading multinational company, Telefonica offers mobile and fixed-line telephony services, broadband and data solutions, digital services, and a range of integrated communication products. Telefonica operates in various markets, serving both residential and business customers. By leveraging its extensive network infrastructure, technological expertise, and partnerships, the company aims to connect people and businesses, enabling seamless communication and digital transformation. Telefonica is committed to innovation, delivering advanced solutions and enhancing connectivity to meet the evolving needs of its customers in the telecommunications industry.

All fundamentals and in-depth analysis of Telefonica

Our stock analysis for Telefonica Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Telefonica Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.