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%
Market cap
$4.0B
P/E
13.9×
Fwd P/E
11.8×
Dividend yield
3.68%
F-score
6/9
Altman Z
2.08
Beneish M
−2.83
Dividend safety
66/100

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 80.78%

Capital & Financial Ratios $m

Size
Market Cap 4,030.00
Revenue ttm 2,109.17
Net income ttm 305.55
Free cash flow ttm 454.66
Net debt Q 212.70
Valuation
P/E 13.87
Forward P/E 11.80
Price / sales 1.93
Forward P/S Powerpack
Price / FCF 8.95
Price / book 2.10
Financial health
Current ratio Q 1.51 (at or above 1.5: strong)
Debt / equity Q 0.55
Interest coverage Q 1.81
Growth
Revenue growth Q +12.00% (above 0%: growing)
Operating income growth Q −10.10% (below 0%: shrinking)
EPS, this year +20.39% (at or above 15%: strong)
EPS, next year A +26.94% (at or above 15%: strong)
Revenue, next year A +5.50%
EPS, past 5 yrs —
EPS, next 5 yrs A +20.14% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 48.98%
10-year low 10-year high
P/S against its own 10 years 84.98%
10-year low 10-year high
P/B against its own 10 years 75.76%
10-year low 10-year high
EV/Sales against its own 10 years 54.43%
10-year low 10-year high
EV/FCF against its own 10 years 32.33%
10-year low 10-year high

Dividends

Yield
3.68%
Annual rate
0.91
Payout ratio
51.0%
  1. 0.91 ’26
paid change on the year, % Powerpack

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%

Earnings Trends EPS, adjusted, against the consensus

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 0.41 1.76
’23 0.20 0.43 0.29 0.56 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.

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.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten 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

All 10 years →

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%)

All 8 Airports & Air Services stocks →

Corporacion America Airports S.A. (CAAP) Latest News

14 Oct

Impact 4 · · Business Wire

9 May

4 Feb

CAAP metrics, ten years each

stockrow.com/CAAP · Data as of Oct 25, 2026 · For information only; not investment advice. · © 2026 stockrow.com