Friday 6 November 2026
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Corporacion America Airports S.A.
CAAP Industrials Airports & Air Services
Corporacion America Airports S.A.’s revenue for fiscal 2025 (year ended December 2025) was $2.0 billion, up 6.45% from fiscal 2024.
- Revenue
- +12.0%
- EPS
- +6.67%
- Free cash flow
- −11.9%
- Total debt
- −5.81%
Quarter to June 2026, against a year earlier
24.69
0.45
−1.79%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 1,366 | 1,575 | 1,426 | 1,559 | 607 | 707 | 1,379 | 1,400 | 1,843 | 1,962 | 2,109 | +4.1% | 2,070 | 2,261 | 2,294 | +5.3% | |
| Gross margin, % | 37.13 | 34.61 | 31.88 | 26.96 | (7.61) | 11.96 | 30.15 | 34.67 | 32.87 | 35.15 | 34.54 | (2.0) pt | ||||||
| EBT | 95 | 114 | 4 | 11 | (372) | (91) | 191 | 202 | 607 | 333 | 392 | +14.9% | ||||||
| EBT margin, % | 6.96 | 7.23 | 0.25 | 0.72 | (61.20) | (12.83) | 13.82 | 14.44 | 32.92 | 16.96 | 18.60 | +10.0 pt | ||||||
| Net income | 39 | 67 | (11) | (6) | (357) | (160) | 166 | 226 | 308 | 258 | 306 | +23.4% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 9.22 | 10.63 | 8.98 | 9.74 | 3.80 | 4.40 | 8.58 | 8.70 | 11.45 | 12.09 | 12.79 | +3.1% | |||||
| Earnings | 0.20 | 0.43 | 0.04 | 0.06 | (1.58) | (0.73) | 1.05 | 1.49 | 1.76 | 1.53 | 1.78 | +25.5% | ||||||
| Cash flow | 1.11 | (0.33) | 1.21 | (0.12) | 0.01 | 0.67 | 1.88 | 2.22 | 2.52 | 2.87 | 2.88 | +11.1% | ||||||
| Capex | (0.07) | (0.09) | (0.08) | (0.11) | (0.06) | (0.05) | (0.06) | (0.07) | (0.08) | (0.11) | (0.12) | +4.9% | ||||||
| Free cash flow | 1.04 | (0.42) | 1.13 | (0.24) | (0.05) | 0.62 | 1.82 | 2.15 | 2.43 | 2.75 | 2.76 | +11.5% | ||||||
| Book value | 5.42 | 5.38 | 7.70 | 7.49 | 5.03 | 4.82 | 5.36 | 5.00 | 9.43 | 10.23 | 11.75 | +7.3% | ||||||
| Shares, m | 148 | 148 | 159 | 160 | 160 | 161 | 161 | 161 | 161 | 162 | 163 | +1.0% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 34.55 | 34.55 | 136.98 | 50.00 | 0.00 | 0.00 | 8.48 | 10.69 | 10.59 | 16.88 | 13.87 | 30.3 | |||||
| P/S | 1.54 | 1.54 | 0.74 | 0.62 | 1.05 | 1.31 | 1.02 | 1.82 | 1.63 | 2.15 | 1.93 | 1.3 | ||||||
| P/B | 3.05 | 3.05 | 0.86 | 0.80 | 0.79 | 1.20 | 1.63 | 3.17 | 1.98 | 2.54 | 2.10 | 1.9 | ||||||
| EV/Sales | 2.32 | 2.32 | 1.30 | 1.21 | 2.68 | 2.71 | 1.75 | 2.45 | 1.97 | 2.34 | 2.03 | 2.1 | ||||||
| EV/FCF | (58.56) | (58.56) | 10.33 | (50.02) | (187.64) | 19.15 | 8.25 | 9.91 | 9.28 | 10.30 | 9.42 | (28.8) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 165 | (49) | 192 | (20) | 1 | 108 | 303 | 356 | 405 | 465 | 475 | +12.2% | |||||
| Capex | (11) | (13) | (12) | (18) | (10) | (8) | (10) | (11) | (14) | (19) | (20) | +6.0% | ||||||
| Free cash flow | 154 | (62) | 179 | (38) | (9) | 100 | 293 | 346 | 392 | 447 | 455 | +12.6% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | (156) | (153) | 82 | (55) | (33) | (216) | (29) | 64 | 162 | 257 | 384 | n/m | |||||
| Net debt | 860 | 1,225 | 801 | 929 | 990 | 988 | 1,013 | 875 | 632 | 380 | 213 | (8.7%) | ||||||
| Shareholders’ equity | 803 | 797 | 1,223 | 1,199 | 805 | 774 | 862 | 804 | 1,518 | 1,661 | 1,936 | +8.4% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 0.98 | 1.71 | 0.19 | 0.24 | (6.94) | (3.35) | 4.51 | 6.49 | 7.32 | 5.74 | 6.24 | +4.8 pt | |||||
| ROIC | 12.47 | 11.41 | 9.23 | 6.57 | (5.70) | 0.23 | 10.15 | 20.12 | 13.00 | 14.95 | 14.89 | +2.5 pt | ||||||
| ROE | 4.12 | 7.93 | 0.71 | 0.75 | (25.26) | (14.92) | 20.56 | 28.75 | 24.35 | 15.59 | 16.39 | +11.5 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 6,076 | 6,102 | 6,059 | 6,299 | 5,822 | 5,786 | 6,114 | 6,100 | 6,100 | 6,300 | — | +0.4% | |||||
| Revenue/emp, $m | 0.22 | 0.26 | 0.24 | 0.25 | 0.10 | 0.12 | 0.23 | 0.23 | 0.30 | 0.31 | — | +3.7% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 25 Oct 2026
Corporacion America Airports S.A. vs peers in Airports & Air Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PAC Grupo Aeroportuario Del Pacifico, S.A. de C.V. | $12.8B | 21.8× | 20.8× | +31.37% (above 0%: growing) | −0.70% (below 0%: shrinking) | +499.89% (above 0%: growing) | 76.68% | 43.26% | Compare |
| ASR Grupo Aeroportuario del Sureste, S.A. de C.V. | $7.3B | 14.3× | 13.3× | +23.19% (above 0%: growing) | +15.26% (above 0%: growing) | +36.64% (above 0%: growing) | 58.03% | 40.61% | Compare |
| JOBY Joby Aviation, Inc. | $5.3B | — (loss-making) | — (loss-making) | +144.04% (above 0%: growing) | n/m | −27.04% (below 0%: shrinking) | 29.17% | (504.81%) | Compare |
| OMAB Grupo Aeroportuario del Centro Norte S.A.B. de C.V. | $4.6B | 16.1× | — | +33.45% (above 0%: growing) | +9.69% (above 0%: growing) | +16.10% (above 0%: growing) | 71.16% | 53.40% | Compare |
| CAAP Corporacion America Airports S.A. | $4.0B | 13.9× | 11.8× | +12.00% (above 0%: growing) | +6.67% (above 0%: growing) | −11.94% (below 0%: shrinking) | 30.45% | 19.75% | |
| ASLE AerSale Corporation | $230.0M | — (loss-making) | — (loss-making) | −33.94% (below 0%: shrinking) | n/m | −141.55% (below 0%: shrinking) | 22.94% | (6.70%) | Compare |
| UP Wheels Up Experience Inc. | $103.8M | — (loss-making) | — | −11.16% (below 0%: shrinking) | n/m | +50.25% (above 0%: growing) | 16.89% | (30.53%) | Compare |
| VJET Flyte Aviation, Inc. | $1.2M | — (loss-making) | — (loss-making) | +380.66% (above 0%: growing) | n/m | −26.70% (below 0%: shrinking) | 9.62% | (388.13%) | Compare |
| Median of peers | $4.6B | 16.1× | — | +31.37% | +9.69% | +16.10% | 29.17% | (6.70%) |
Corporacion America Airports S.A. (CAAP) Latest News
16 Oct
28 Sep
18 Aug
26 Jun
13 May
17 Mar
8 Feb
CAAP metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score