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Corporacion America Airports SA
(NYSE:CAAP)
Corporacion America Airports SA (CAAP) vs. SPDR S&P 500 ETF (SPY)
Corporacion America Airports SA Business Overview & Revenue Model
Corporacion America Airports SA Earnings Call Summary
Corporacion America Airports SA Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.93B | 1.84B | 1.40B | 1.38B | 706.90M | 607.36M |
| Gross Profit | 666.77M | 608.83M | 483.42M | 415.60M | 84.60M | -46.23M |
| EBITDA | 610.55M | 920.66M | 448.11M | 494.23M | 199.27M | -67.82M |
| Net Income | 182.95M | 282.67M | 239.51M | 168.17M | -159.78M | -361.89M |
Balance Sheet | ||||||
| Total Assets | 4.29B | 4.18B | 3.54B | 3.84B | 3.62B | 3.41B |
| Cash, Cash Equivalents and Short-Term Investments | 660.96M | 524.67M | 457.87M | 451.96M | 451.08M | 354.93M |
| Total Debt | 1.13B | 1.17B | 1.35B | 1.47B | 1.45B | 1.36B |
| Total Liabilities | 2.79B | 2.66B | 2.74B | 2.97B | 2.85B | 2.60B |
| Stockholders Equity | 1.45B | 1.37B | 724.98M | 716.10M | 469.73M | 489.41M |
Cash Flow | ||||||
| Free Cash Flow | 353.47M | 393.08M | 346.75M | 278.84M | 97.80M | -8.21M |
| Operating Cash Flow | 369.98M | 405.30M | 356.42M | 287.93M | 105.46M | 738.00K |
| Investing Cash Flow | -63.57M | -32.49M | -66.40M | 9.39M | 9.63M | 1.72M |
| Financing Cash Flow | -275.08M | -271.19M | -201.63M | -234.29M | -3.67M | 90.54M |
Corporacion America Airports SA Technical Analysis
Corporacion America Airports SA Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $5.61B | 8.44 | 26.69% | 5.28% | 1.36% | 6.84% | |
77 Outperform | $5.62B | 20.82 | 53.28% | 4.03% | -2.04% | -3.82% | |
73 Outperform | $10.39B | 18.31 | 24.69% | 11.85% | 8.70% | -21.15% | |
71 Outperform | $4.83B | 26.20 | 13.25% | ― | 14.87% | -47.71% | |
69 Neutral | $3.87B | 9.33 | 16.62% | ― | 19.27% | 78.26% | |
65 Neutral | $13.89B | 27.47 | 46.45% | 4.46% | 11.58% | 1.15% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
Corporacion America Airports SA Corporate Events
On January 27, 2026, Corporación América Airports announced that its Ecuadorian subsidiary, Aeropuertos Ecológicos de Galápagos (Ecogal), signed an addendum to the concession agreement for Seymour Airport on Baltra Island in the Galápagos, extending the contract term by six years through December 31, 2032. The amendment is designed to restore the economic and financial balance of the concession following the impact of the COVID-19 pandemic, and introduces higher terminal use charges, a potential runway repaving investment of up to $4 million in 2031 subject to technical need, and a structured mechanism to review and rebalance the concession’s financial equilibrium every two years. The revised deal underscores government and stakeholder confidence in CAAP’s operational performance and its sustainability achievements at Seymour Airport, including long-standing carbon-neutral operations and a recent top-tier Airport Carbon Accreditation Level 4+ certification, reinforcing the company’s long-term positioning in a strategically important, environmentally sensitive tourism market.
The most recent analyst rating on (CAAP) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on Corporacion America Airports SA stock, see the CAAP Stock Forecast page.
On January 23, 2026, Corporación América Airports announced that its Armenian subsidiary, Armenia International Airports CJSC, had amended its concession agreement with the Government of Armenia for the operation of Zvartnots and Gyumri Shirak airports, materially extending the contract term by 35 years to December 31, 2067. The revised deal shifts the concession to an inflation-based tariff regime with annual adjustments from April 2027, requires submission of a new master plan by January 31, 2026 including a US$425 million capital investment program to be executed by 2033 at Zvartnots, and introduces economic equilibrium and compensation mechanisms for events such as force majeure, traffic shortfalls, regulatory or tax changes and extra approved investments. The amendment also clarifies AIA’s exclusive rights over a wide range of aeronautical and non-aeronautical activities, including logistics platforms, free economic zones and potential future vertiport infrastructure for eVTOL operations, while refining termination and indemnification terms; together, these measures significantly extend the average life of CAAP’s portfolio, enhance long-term visibility and financial stability of the Armenian concession, and support the group’s strategic objective of modernizing Armenia’s airport infrastructure while underpinning value creation for shareholders.
The most recent analyst rating on (CAAP) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on Corporacion America Airports SA stock, see the CAAP Stock Forecast page.
On January 20, 2026, Corporación América Airports S.A. announced that Sociedad Aeroportuaria Kuntur Wasi S.A., in which it holds an indirect 50% equity stake, received a payment of about US$91.2 million from the Republic of Peru, executing a final award issued in May 2024 by the International Centre for Settlement of Investment Disputes. The award stems from Peru’s termination of the concession for the planned Chinchero International Airport, which the ICSID tribunal found to be arbitrary, unjustified and lacking a valid public-interest rationale, and the net proceeds, after taxes and costs, will be recognized in CAAP’s financial statements in line with its ownership in Kuntur Wasi, marking a financially and reputationally significant resolution of a long-running dispute over contract compliance.
The most recent analyst rating on (CAAP) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on Corporacion America Airports SA stock, see the CAAP Stock Forecast page.
On January 20, 2026, Corporación América Airports reported that passenger traffic rose 8.5% year on year in December 2025 and 9.8% for full-year 2025, with international traffic up 12.1% in December and 11.0% for the year. The company set all-time annual passenger records in Argentina, Italy, Uruguay and Armenia, driven by new and expanded routes, particularly in Argentina where strong domestic load factors and a wave of new international services underpinned a 7.4% December traffic increase and a record year. Italy also logged record annual traffic with robust international growth offsetting weaker domestic volumes linked to Airbus A320 technical issues, while Brazil delivered a 15.7% December traffic jump and improving trends despite a challenging aviation backdrop. Uruguay and Armenia both reached record annual traffic on new routes and higher frequencies, whereas Ecuador saw a slight decline amid security concerns and high airfares. Overall aircraft movements increased 4.8% in December and 6.4% for 2025, but cargo volumes dipped 4.0% in December even as they edged up 1.4% for the full year, highlighting a passenger-led recovery that strengthens CAAP’s operational scale and market positioning across its core geographies.
The most recent analyst rating on (CAAP) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on Corporacion America Airports SA stock, see the CAAP Stock Forecast page.
On December 17, 2025, Corporación América Airports S.A. shared its November 2025 performance report, highlighting an 8.5% year-on-year increase in total passenger traffic. Argentina contributed significantly, accounting for 50% of the YoY growth, supported by strong international and domestic traffic. Other operational regions like Italy, Brazil, and Armenia also registered double-digit growth in passenger traffic, while cargo volume experienced a slight decline of 0.6%. This substantial growth in passenger traffic reflects recovery trends and strategic expansions across key international routes, enhancing the company’s operational leverage and positioning within the global airport industry.
The most recent analyst rating on (CAAP) stock is a Buy with a $29.00 price target. To see the full list of analyst forecasts on Corporacion America Airports SA stock, see the CAAP Stock Forecast page.
On November 24, 2025, Corporación América Airports S.A. reported strong financial results for the third quarter of 2025, highlighting a significant increase in passenger traffic and revenue. The company achieved a record high Adjusted EBITDA of $194 million, with a 5.2 percentage point expansion in margin year-over-year. The results were driven by robust growth in both aeronautical and commercial revenues, supported by strategic initiatives to enhance passenger experience and commercial offerings. The company also maintained a strong liquidity position with $540 million in cash and equivalents, and a net debt to LTM Adjusted EBITDA ratio of 0.9x. The announcement reflects the company’s solid execution and strategic focus on revenue growth and profitability, with ongoing projects in various regions and new business developments in Iraq and Angola.
The most recent analyst rating on (CAAP) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Corporacion America Airports SA stock, see the CAAP Stock Forecast page.
Corporación América Airports S.A. released its unaudited condensed consolidated interim financial statements for the three and nine-month periods ending September 30, 2025, and 2024. The report highlights a revenue increase from $461.8 million to $527.3 million for the three-month period and from $1.37 billion to $1.40 billion for the nine-month period in 2025 compared to 2024. The company’s gross profit also rose, indicating improved operational efficiency. These financial results suggest a positive trajectory for the company, potentially strengthening its position in the airport management industry and providing reassurance to stakeholders about its financial health.
The most recent analyst rating on (CAAP) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Corporacion America Airports SA stock, see the CAAP Stock Forecast page.
In October 2025, Corporación América Airports S.A. reported a 10.2% year-on-year increase in passenger traffic, with significant growth in Argentina, where traffic rose by 11.6%. The company also noted improvements in international passenger traffic, particularly in Argentina and Armenia, and a 6.9% increase in aircraft movements. These developments highlight the company’s robust recovery and growth in the aviation sector, despite challenges such as high airfares and security concerns in some regions. The increase in passenger and cargo volumes, along with strategic airline partnerships, positions the company favorably within the industry.
The most recent analyst rating on (CAAP) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Corporacion America Airports SA stock, see the CAAP Stock Forecast page.
Corporación América Airports S.A. announced that its Argentine subsidiary, Aeropuertos Argentina 2000 S.A. (AA2000), has filed its quarterly financial statements for the period ending September 30, 2025. These statements, prepared in accordance with International Financial Reporting Standards, are available in both Spanish and English and have been audited according to international standards. The financial statements are intended for informational purposes and highlight differences from the consolidated financial data of the parent company, CAAP, due to variations in reporting currency and transition dates to IFRS. This release is crucial for stakeholders as it provides transparency and insight into the financial health of AA2000, although it is not directly comparable to CAAP’s consolidated financial statements.
The most recent analyst rating on (CAAP) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Corporacion America Airports SA stock, see the CAAP Stock Forecast page.
On November 5, 2025, Corporación América Airports S.A. announced that its consortium with Amwaj International for Real-Estate Investments Co. Ltd. signed an award agreement with the Government of Iraq to operate Baghdad International Airport. This agreement follows an international tender process where the consortium’s proposal was deemed the most competitive by Iraq’s Ministry of Transport, with oversight from the International Finance Corporation. The agreement marks a significant step in modernizing Baghdad’s airport infrastructure, aiming to enhance connectivity and economic growth in Iraq. This development is expected to boost the company’s operations and position in the global airport management industry.
The most recent analyst rating on (CAAP) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Corporacion America Airports SA stock, see the CAAP Stock Forecast page.