Published on March 13 2026 | by Press Office

RATP Group Annual Results 2025

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· Consolidated revenue up 11% to €7.9 billion, driven by strong growth of subsidiaries (+29%) in France and internationally.


· Operating profit up €199 million1, reaching €373 million, reflecting recovery at RATP EPIC and RATP Dev.


· Net profit – Group share: €217 million, compared with -€25 million in 2024.


· Maintenance of massive RATP Group investment effort: €2 billion, 48% financed from Group equity, 95% in Île-de-France, to develop, modernise, maintain Paris region networks, improve service quality, with support from Île-de-France Mobilités (IDFM) and Société des Grands Projets (SGP).


· Group net debt down €0.8 billion vs. 2024, at €4.9 billion – driven by asset disposals (transfer of buses and depots to IDFM, RATP Dev sale of urban and tourist bus operations in the UK), IDFM refinancing of MF01 train fleet, improved subsidiaries’ working capital.


· Improvement in financial sustainability ratios: gearing (net debt/equity) 0.87x vs. 1.06x end 2024, leverage (net debt/EBITDA) 4.7x vs. 7.5x end 2024.


· Non-financial performance continues to improve:

  • - 40% GHG emissions from RATP energy consumption vs. 2019, in line with 2027 target (-43%) ;

  • 75% clean buses (electric, biomethane, hybrid) in Île-de-France at end 2025 ;

  • 20% renewable energy in total Group energy consumption in 2025 ;

  • 92% of RATP Group revenue from activities with positive environmental impact (eligible), 47% aligned with EU Green Taxonomy objectives.

Carbon Score®: rating A for RATP – decarbonised EBIT €255 million (65% of total EBIT) – confirms robustness and resilience of RATP’s business model, including in a scenario where full CO₂ cost is internalised. The company demonstrates commitment to combining financial and climate performance, managing exposure to carbon risk.

The Board of Directors of RATP met on 13 March 2026, under the chairmanship of Xavier Piechaczyk, Chief Executive Officer, to review RATP Group’s consolidated accounts and the statutory accounts of RATP EPIC for the year ended 31 December 2025.

 

Xavier Piechaczyk, Chief Executive Officer of RATP Group, stated:  

“The 2025 results reflect a recovery in the operational performance of RATP Group across its various activities and confirm the strength of our economic and financial fundamentals. They provide a solid foundation for delivering our public service missions, supporting the major investment programme across the Île-de-France network, and driving our development as we prepare for the future.

By publishing RATP’s decarbonised EBIT for the first time, we are integrating the measurement of our environmental impact into the management of our overall performance. This indicator demonstrates our commitment to combining financial and non-financial performance — two key levers for ensuring the competitiveness and long-term sustainability of our model.

I would like to thank all RATP Group employees for their dedication and the work accomplished in 2025, in an unprecedented context of opening our historic network to competition and Group-wide transformation.”