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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. In the quarter to June 2026, revenue grew 12.0%, EPS grew 6.67%, free cash flow fell 11.9% and total debt fell 5.81%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for five.

25.09 0.43 +1.74%

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Market cap: $4.0B
P/E: 14.1×
Fwd P/E: 12.1×
Dividend yield: 3.62%
F-score: 6/9
Altman Z: 2.08
Beneish M: −2.83
Dividend safety: 66/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 80.77%

Capital & Financial Ratios $m

Market Cap 4,020.00

Revenue 2,109.17

Net Income 305.55

Free Cash Flow 454.66

Net Debt 212.70

Current Ratio 1.51

Debt/Equity 0.55

P/E ratio 14.10

Fwd P/E 12.10

P/S ratio 1.96

P/B ratio 2.14

Past 5Y EPS Growth —

This Y EPS Growth 20.39%

Next Y EPS Growth 26.94%

Next Y revenue growth 5.50%

Next 5Y EPS Growth 20.14%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 50.45%

10-year low 10-year high

P/S against its own 10 years 86.80%

10-year low 10-year high

P/B against its own 10 years 77.84%

10-year low 10-year high

EV/Sales against its own 10 years 57.29%

10-year low 10-year high

EV/FCF against its own 10 years 36.37%

10-year low 10-year high

Dividends

Payout Ratio 0.51

Annual Dividend Rate 0.91

Annual Dividend Yield 3.62%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.91	0.91
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	458	526	715	861
Receivables	276	228	255	258
Inventory	16	11	15	19
Other	—	—	—	—
	750	766	985	1,138

	2023	2024	2025	Q'26
Payables	113	121	131	130
ST’ Debt	200	115	139	147
Other	346	349	430	447
	686	604	729	754

Compound Annual Growth %

	10y	5y	3y
Sales	5.15%	26.43%	12.48%
Cash Flow	26.71%	253.90%	15.41%
Earnings	8.91%	0.00%	13.78%
Book Value	7.13%	15.58%	24.41%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	538	534	—	—	—
’25	448	477	527	510	1,962
’24	433	416	462	532	1,843
’23	382	423	470	126	1,400
’22	258	333	395	392	1,379
’21	138	135	187	247	707
’20	303	82	98	125	607

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	102	102	—	—	—
’25	80	115	139	131	465
’24	165	94	111	35	405
’23	60	111	150	35	356
’22	43	64	80	115	303
’21	(4)	11	46	55	108
’20	4	(6)	(5)	8	1

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	99	98	—	—	—
’25	78	111	134	124	447
’24	162	91	108	30	392
’23	58	109	147	33	346
’22	42	62	78	111	293
’21	(4)	7	45	53	100
’20	1	(8)	(8)	6	(9)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.47	0.32	—	—	—
’25	0.25	0.30	0.34	0.65	1.53
’24	0.95	0.31	0.09	0.50	1.76
’23	0.20	0.43	0.29	0.43	1.49
’22	0.16	0.43	0.36	0.08	1.05
’21	(0.28)	(0.21)	(0.09)	(0.14)	(0.73)
’20	(0.09)	(0.35)	(0.90)	(0.24)	(1.58)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	5.70	3.73	1.61	3.50	5.00	8.46	13.74	15.01	Analyst estimates 2026–2028 Powerpack
	High	—	—	17.92	8.69	6.50	6.37	9.57	16.90	20.79	26.97
People
People	Employees	6,076	6,102	6,059	6,299	5,822	5,786	6,114	6,100	6,100	6,300
	Revenue/emp, $m	0.22	0.26	0.24	0.25	0.10	0.12	0.23	0.23	0.30	0.31
Income, $m
Income, $m	Revenue	1,366	1,575	1,426	1,559	607	707	1,379	1,400	1,843	1,962
	Gross margin, %	37.13	34.61	31.88	26.96	(7.61)	11.96	30.15	34.67	32.87	35.15
	EBT	95	114	4	11	(372)	(91)	191	202	607	333
	EBT margin, %	6.96	7.23	0.25	0.72	(61.20)	(12.83)	13.82	14.44	32.92	16.96
	Net income	39	67	(11)	(6)	(357)	(160)	166	226	308	258
	Depreciation	(57)	(117)	(31)	(171)	72	77	18	2	(10)	26
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
	Earnings	0.20	0.43	0.04	0.06	(1.58)	(0.73)	1.05	1.49	1.76	1.53
	Cash flow	1.11	(0.33)	1.21	(0.12)	0.01	0.67	1.88	2.22	2.52	2.87
	Capex	(0.07)	(0.09)	(0.08)	(0.11)	(0.06)	(0.05)	(0.06)	(0.07)	(0.08)	(0.11)
	Free cash flow	1.04	(0.42)	1.13	(0.24)	(0.05)	0.62	1.82	2.15	2.43	2.75
	Book value	5.42	5.38	7.70	7.49	5.03	4.82	5.36	5.00	9.43	10.23
	Shares, m	148	148	159	160	160	161	161	161	161	162
Valuation, ×
Valuation, ×	P/E	34.40	34.40	136.98	50.00	0.00	0.00	8.48	11.75	10.10	16.88
	P/S	1.54	1.54	0.74	0.62	1.05	1.31	1.02	1.82	1.63	2.15
	P/B	3.03	3.03	0.86	0.80	0.79	1.20	1.63	3.17	1.98	2.54
	EV/Sales	2.31	2.31	1.30	1.21	2.68	2.71	1.75	2.45	1.97	2.34
	EV/FCF	(58.39)	(58.39)	10.33	(50.02)	(187.64)	19.15	8.25	9.91	9.28	10.30
Cash, $m
Cash, $m	Operating cash flow	165	(49)	192	(20)	1	108	303	356	405	465
	Capex	(11)	(13)	(12)	(18)	(10)	(8)	(10)	(11)	(14)	(19)
	Free cash flow	154	(62)	179	(38)	(9)	100	293	346	392	447
Balance, $m
Balance, $m	Working capital	(156)	(153)	82	(55)	(33)	(216)	(29)	64	162	257
	Total debt	1,107	1,486	1,127	1,208	1,345	1,440	1,465	1,333	1,158	1,095
	Net debt	860	1,225	801	929	990	988	1,013	875	632	380
	Shareholders’ equity	803	797	1,223	1,199	805	774	862	804	1,518	1,661
Returns, %
Returns, %	ROA	0.98	1.71	0.19	0.24	(6.94)	(3.35)	4.51	6.49	7.32	5.74
	ROIC	12.47	11.41	9.23	6.57	(5.70)	0.23	10.15	20.12	13.00	14.95
	ROE	4.12	7.93	0.71	0.75	(25.26)	(14.92)	20.56	28.75	24.35	15.59

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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.	$10.5B	18.1×	17.5×	+16.29% (above 0%: growing)	+3.70% (above 0%: growing)	−114.80% (below 0%: shrinking)	76.22%	44.16%	Compare
ASR Grupo Aeroportuario del Sureste, S.A. de C.V.	$6.5B	12.9×	11.8×	+23.19% (above 0%: growing)	+15.26% (above 0%: growing)	+36.64% (above 0%: growing)	58.03%	40.61%	Compare
JOBY Joby Aviation, Inc.	$4.8B	— (loss-making)	— (loss-making)	+257,493.33% (above 0%: growing)	n/m	−69.99% (below 0%: shrinking)	26.76%	(675.18%)	Compare
CAAP Corporacion America Airports S.A.	$4.0B	14.1×	12.1×	+12.00% (above 0%: growing)	+6.67% (above 0%: growing)	−11.94% (below 0%: shrinking)	30.45%	19.75%
OMAB Grupo Aeroportuario del Centro Norte S.A.B. de C.V.	$3.8B	14.7×	—	+15.00% (above 0%: growing)	+18.37% (above 0%: growing)	+2.87% (above 0%: growing)	71.85%	53.49%	Compare
ASLE AerSale Corporation	$223.8M	— (loss-making)	9.8×	−33.94% (below 0%: shrinking)	n/m	−141.55% (below 0%: shrinking)	22.94%	(6.70%)	Compare
UP Wheels Up Experience Inc.	$128.8M	— (loss-making)	—	−4.03% (below 0%: shrinking)	n/m	−115.78% (below 0%: shrinking)	11.91%	(40.87%)	Compare
SOAR Volato Group, Inc.	$12.5M	— (loss-making)	—	−96.12% (below 0%: shrinking)	n/m	−153.91% (below 0%: shrinking)	69.74%	(261.14%)	Compare
Median of peers	$3.8B	14.7×	11.8×	+15.00%	+15.26%	−114.80%	58.03%	(6.70%)

All 8 Airports & Air Services stocks →

Corporacion America Airports S.A. (CAAP) key facts

Strength: Corporacion America Airports S.A.’s revenue for fiscal 2025 (year ended December 2025) was $2.0 billion, up 6.45% from fiscal 2024.
Corporacion America Airports S.A. (CAAP) is an Airports & Air Services company in the Industrials sector, listed on the New York Stock Exchange.
As of October 16, 2026, CAAP traded at $25.09, a market capitalization of $4.0 billion.
Corporacion America Airports S.A. pays an annual dividend of $0.91 per share, a yield of 3.62%, with a payout ratio of 51.0%.
Return on equity was 15.6% and debt-to-equity 0.55.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 2.08 (grey zone) for fiscal 2025.