Financials · CAAP

Corporacion America Airports SA (CAAP) financials

For fiscal 2025 (ended Dec 31, 2025), Corporacion America Airports SA reported $1.96B of revenue and $247.72M of net income.

Revenue, FY2025
$1.96B
Revenue growth, YoY
+6.4%
Net income, FY2025
$247.72M
Net income growth, YoY
-12.4%
Net margin
12.6%
Free cash flow, FY2025
$448.51M
EPS, diluted, FY2025
$1.52
EPS growth, YoY
-13.1%
Cash
$592.76M
Total debt
$955.86M
P/E
16.71
P/S
2.11
Market cap
$4.14B
Annual revenue$1.96B
FY2016FY2025
Annual net income$247.72M
FY2016FY2025
Annual free cash flow$448.51M
FY2017FY2025

CAAP revenue and earnings growth

CAAP revenueFY2025$1.96B

FY YoY
+6.4%
5Y CAGR
+26.4%
10Y CAGR
+5.2%

CAAP revenue was $1.96B for fiscal 2025 (ended Dec 31, 2025), up 6.4% from fiscal 2024. Compound annual growth was +26.4% over 5 years and +5.2% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 11 fiscal years on file.

CAAP net incomeFY2025$247.72M

FY YoY
-12.4%
10Y CAGR
+8.9%

CAAP net income was $247.72M for fiscal 2025 (ended Dec 31, 2025), down 12.4% from fiscal 2024. Compound annual growth was +8.9% over 10 years. It rose in 2 of the last 3 fiscal years.

CAAP EPSFY2025$1.52

FY YoY
-13.1%

CAAP diluted EPS was $1.52 for fiscal 2025 (ended Dec 31, 2025), down 13.1% from fiscal 2024.

CAAP free cash flowFY2025$448.51M

FY YoY
+14.1%

CAAP free cash flow was $448.51M for fiscal 2025 (ended Dec 31, 2025), up 14.1% from fiscal 2024. It rose in each of the last 4 fiscal years. Fiscal 2025 is the highest of the 9 fiscal years on file.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$1.96B$1.84B$1.40B$1.38B$706.91M$607.36M$1.56B$1.43B$1.58B$1.37B
Cost of revenue$1.27B$1.24B$914.68M$962.98M$622.38M$653.58M$1.14B$971.42M$1.03B$859.07M
Gross profit$689.77M$605.93M$485.36M$415.69M$84.53M-$46.23M$420.21M$454.72M$545.17M$507.26M
Selling, general and admin$220.20M$198.11M$138.67M$141.35M$102.06M$101.78M$168.29M$171.90M$194.20M$170.85M
Operating income$488.28M$447.25M$540.64M$304.57M$6.46M-$163.70M$223.63M$298.97M$369.15M$331.81M
Interest expense$90.83M$107.46M$95.19M$164.29M$125.53M$99.02M$92.69M$96.30M$115.22M$118.22M
Pre-tax income$332.68M$606.73M$202.23M$190.52M-$90.67M-$371.70M$15.20M$3.50M$113.82M$95.08M
Income tax$74.96M$298.82M-$24.24M$24.88M$69.11M-$14.29M$17.08M$14.10M$46.92M$56.36M
Net income$247.72M$282.67M$239.51M$168.17M-$117.75M-$253.05M$9.10M$7.13M$63.49M$33.76M
EPS, basic$1.53$1.76$1.49$1.05-$0.73-$1.58$0.06$0.04$0.43$0.23
EPS, diluted$1.52$1.75$1.49$1.05-$0.73-$1.58----
Diluted shares162.5M161.2M161.1M160.8M160.5M160.0M160.0M158.8M148.1M148.1M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$592.76M$439.85M$369.85M$385.26M$375.78M$281.03M$375.78M$244.87M$221.60M$182.12M
Short-term investments$2.45M$3.13M$4.88M$12.79M$28.50M$53.35M$17.34M$38.01M$16.21M-
Inventory$14.73M$11.41M$16.15M$15.77M$11.52M-----
Current assets$985.04M$765.51M$749.91M$647.47M$626.32M$519.99M$507.64M$532.74M$579.48M$507.13M
Goodwill------$50.25M-$51.00M-
Total assets$4.45B$4.18B$3.54B$3.84B$3.62B$3.41B$3.88B$3.85B$3.80B$3.63B
Current liabilities$728.51M$603.73M$685.93M$676.32M$842.29M$552.55M$562.30M$450.55M$732.02M$662.78M
Long-term debt$955.86M$1.04B$1.13B$1.29B$1.02B$1.13B$1.03B$1.03B$1.11B$965.67M
Total debt$955.86M$1.04B$1.13B$1.29B$1.02B$1.13B$1.03B$1.03B$1.11B$965.67M
Total liabilities$2.79B$2.66B$2.74B$2.97B$2.85B$2.60B$2.68B$2.62B$3.00B$2.82B
Shareholders' equity$1.59B$1.37B$803.91M$862.37M$773.61M$805.29M$1.20B$1.22B$797.14M$803.32M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$465.22M$405.30M$356.42M$302.63M$107.96M$838.0K-$19.71M$191.66M-$49.42M-
Capital expenditures$16.71M$12.22M$9.66M$9.09M$7.67M$8.95M$17.12M$11.14M$11.50M$10.39M
Free cash flow$448.51M$393.08M$346.75M$293.54M$100.29M-$8.11M-$36.83M$180.52M-$60.92M-
Investing cash flow-$71.91M-$32.49M-$66.40M$9.39M$9.63M$1.72M-$8.87M-$59.19M-$45.16M-
Financing cash flow-$234.66M-$271.19M-$201.63M-$234.29M-$3.67M$90.54M$24.57M-$65.68M$128.96M-
Share repurchases---$172.03M------
Stock-based compensation$1.08M$1.14M$1.05M$667.0K$1.02M$1.80M----
Depreciation and amortization$229.08M$203.01M$151.59M$172.48M$160.63M$200.79M$182.27M$175.83M$138.13M$122.88M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY6.4%31.7%1.6%95.0%16.4%-61.0%9.3%-9.5%15.3%15.1%
Net income growth, YoY-12.4%18.0%42.4%---27.7%-88.8%88.1%-68.0%
EPS growth, YoY-13.1%17.4%41.9%-------
Gross margin35.2%32.9%34.7%30.2%12.0%-7.6%27.0%31.9%34.6%37.1%
Operating margin24.9%24.3%38.6%22.1%0.9%-27.0%14.3%21.0%23.4%24.3%
Net margin12.6%15.3%17.1%12.2%-16.7%-41.7%0.6%0.5%4.0%2.5%
Free cash flow margin22.9%21.3%24.8%21.3%14.2%-1.3%-2.4%12.7%-3.9%-
Return on equity15.6%20.6%29.8%19.5%-15.2%-31.4%0.8%0.6%8.0%4.2%
Return on assets5.6%6.8%6.8%4.4%-3.3%-7.4%0.2%0.2%1.7%0.9%
Current ratio1.351.271.090.960.740.940.901.180.790.77
Debt to equity0.600.761.411.491.321.400.860.841.401.20

Source: XBRL data Corporacion America Airports SA files with the SEC, latest filing dated Mar 17, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

CAAP peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
CAAP$1.96B+6.4%$247.72M12.6%$4.14B
RTX$95.99B+11.6%$8.40B8.8%$264.91B
BA$94.91B+17.5%$7.66B8.1%$136.60B
HON$33.61B+3.9%$7.05B21.0%$72.68B
HEI$5.18B+20.7%$847.72M16.4%$47.90B
TXT$15.45B+8.5%$973.00M6.3%$14.47B
PACMXN 41.41B+23.2%MXN 9.57B23.1%$14.05B
EMBJ$7.58B+18.5%$351.90M4.6%$13.93B

CAAP FAQ

9 questions
  • What is CAAP revenue?
    Corporacion America Airports SA (CAAP) reported $1.96B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 6.4% from the year before.
  • Is CAAP profitable?
    Yes. Corporacion America Airports SA earned $247.72M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 12.6%.
  • How much cash and debt does CAAP have?
    Corporacion America Airports SA reported $592.76M in cash and cash equivalents and $955.86M of debt on its most recent balance sheet in SEC filings.
  • How fast is CAAP revenue growing?
    Corporacion America Airports SA's revenue changed +6.4% in fiscal 2025, to $1.96B. Its compound annual growth rate was +26.4% over 5 years and +5.2% over 10 years.
  • What is CAAP gross margin?
    Corporacion America Airports SA's gross profit was $689.77M on $1.96B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 35.2%.
  • What is CAAP free cash flow?
    Corporacion America Airports SA generated $448.51M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $465.22M less capital expenditures.
  • What is CAAP earnings per share?
    Diluted earnings per share were $1.52 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did CAAP last report financial results?
    The latest statements here come from Corporacion America Airports SA's 20-F filed on Mar 17, 2026, covering the period ended Dec 31, 2025.
  • Where does this CAAP financial data come from?
    Quantisnow builds these statements from the structured XBRL data Corporacion America Airports SA files with the SEC. It is provided for information only and is not investment advice.