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CAAP · NYSE · United States · Airports, Flying Fields & Airport Terminal Services
In shortCORPORACION AMERICA AIRPORTS S.A. is profitable, generates cash and carries moderate debt, with revenue growing (+6.4% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 24.9% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 12.6% | 71/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 16.8% | 84/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 14.1% | 94/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.35× | 46/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.69× | 73/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.70× | 94/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 2.00× | 5/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.42 | 34/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 22.9% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.81× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 38.0% | 0/100 |
| Operating margin volatility | 13.5% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 12.5% | 86/100 |
|---|---|---|
| EPS growth, 3-year average | 13.1% | 91/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 707 | 1,379 | 1,400 | 1,843 | 1,962 |
| Cost of revenue | 622 | 963 | 915 | 1,237 | 1,272 |
| Gross profit | 85 | 416 | 485 | 606 | 690 |
| Selling, general & admin | 102 | 141 | 139 | 198 | 220 |
| Operating income | 6.5 | 305 | 541 | 447 | 488 |
| Interest expense | 131 | 196 | 407 | (110) | 244 |
| Pre-tax income | (91) | 191 | 202 | 607 | 333 |
| Income tax | 69 | 25 | (24) | 299 | 75 |
| Net income | (118) | 168 | 240 | 283 | 248 |
| Diluted EPS | −$0.73 | $1.05 | $1.49 | $1.75 | $1.52 |
| Diluted shares (millions) | 161 | 161 | 161 | 161 | 162 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
2.42 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Mar 17, 2026