CORPORACION AMERICA AIRPORTS S.A. (CAAP)
Corporación América Airports S.A., through its subsidiaries, acquires, develops, and operates airport concessions. It operates 52 airports in Latin America, Europe, and Eurasia. The company was formerly known as A.C.I. Airports International S.à r.l. and changed its name to Corporación América Airports S.A. in September 2017. The company was founded in 1998 and is based in Luxembourg, Luxembourg. Corporación América Airports S.A. operates as a subsidiary of A.C.I. Airports S.à r.l.
Sector: Airports, Flying Fields & Airport Terminal Services
Industry: Airlines, Airports & Air Services
Corporacion America Airports S.A.
NYSE:CAAPIndustrials · Airlines, Airports & Air Services
-1.06%$24.18
AH Close$24.18+0.00%vs close
AH Close$24.18+0.00%vs close
Mkt Cap$3.95B
Float33.47M
O/S163.37M
Inst Own15.4%
SI5.7%
Div Yield3.76%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.96B
Net Income$247.72M
Total Assets$4.45B
Free Cash Flow$446.5M
Debt & Equity
Debt 41%
Equity 59%
Total Debt$1.1B
Total Equity$1.59B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CAAP's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$4.45B
Liabilities$2.79B
Accounts Receivable$237.63M
Accounts Payable$131.16M
Inventory$14.73M
PP&E (Net)$95.05M
Goodwill$9.92M
Intangible Assets$3.13B
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Revenue | $1.96B | $1.84B | $1.4B | $1.38B | $706.91M | $607.36M | $1.56B | $1.43B | $1.58B | $1.37B | $1.19B |
| YoY Growth | 6.4% | 31.7% | 1.6% | 95.0% | 16.4% | -61.0% | 9.3% | -9.5% | 15.3% | 15.1% | - |
| Cost of Revenue | $1.27B | $1.24B | $914.68M | $962.98M | $622.38M | $653.58M | $1.14B | $971.42M | $1.03B | $859.07M | $759.15M |
| Gross Profit | $689.77M | $605.93M | $485.36M | $415.69M | $84.53M | -$46.23M | $420.21M | $454.72M | $545.17M | $507.26M | $427.94M |
| Gross Margin | 35.2% | 32.9% | 34.7% | 30.2% | 12.0% | -7.6% | 27.0% | 31.9% | 34.6% | 37.1% | 36.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $131.32M | $120.44M | $91.68M | $91.64M | $61.61M | $58.78M | $86.69M | $104.48M | $120.06M | $107.95M | $108.08M |
| Other | $63.23M | $50.19M | -$24.15M | $38.26M | $43.05M | $58.69M | $109.89M | $51.27M | $55.96M | $67.5M | $46.23M |
| Total Operating Expenses | $194.56M | $170.63M | $67.53M | $129.89M | $104.65M | $117.47M | $196.58M | $155.75M | $176.02M | $175.45M | $154.31M |
| Operating Income (EBIT) | $495.21M | $435.3M | $417.83M | $285.79M | -$20.12M | -$163.7M | $223.63M | $298.97M | $369.15M | $331.81M | $273.62M |
| Operating Margin | 25.2% | 23.6% | 29.8% | 20.7% | -2.8% | -27.0% | 14.3% | 21.0% | 23.4% | 24.3% | 23.0% |
| Interest Expense | $101.75M | $107.46M | $99.27M | $169.17M | $129.31M | $101.89M | $101.67M | $107.22M | $219.71M | $228.06M | $74.6M |
| Interest Income | $40.36M | $73M | $52.68M | $43.92M | $17.64M | $17.59M | $31.33M | $27.2M | $39.23M | $19.01M | $12.37M |
| Other Income (Expense) | -$162.53M | $171.43M | -$215.61M | -$95.28M | -$70.55M | -$208M | -$208.44M | -$295.47M | -$255.33M | -$236.74M | -$222.35M |
| Income Before Tax (EBT) | $332.68M | $606.73M | $202.23M | $190.52M | -$90.67M | -$371.7M | $15.2M | $3.5M | $113.82M | $95.08M | $51.27M |
| Income Tax Expense | $74.96M | $298.82M | -$24.24M | $24.88M | $69.11M | -$14.29M | $17.08M | $14.1M | $46.92M | $56.36M | $44.97M |
| Net Income | $247.72M | $282.67M | $239.51M | $168.17M | -$117.75M | -$253.05M | $9.1M | $7.13M | $63.49M | $33.76M | $105.49M |
| Net Income Margin | 12.6% | 15.3% | 17.1% | 12.2% | -16.7% | -41.7% | 0.6% | 0.5% | 4.0% | 2.5% | 8.9% |
| Supplementary Data | |||||||||||
| EPS | 1.53 | 1.76 | 1.49 | 1.05 | -0.60 | -1.55 | 0.06 | 0.04 | 0.04 | 0.26 | 0.08 |
| Diluted EPS | 1.52 | 1.76 | 1.49 | 1.05 | -1.00 | -2.26 | 0.06 | 0.04 | 0.40 | 0.23 | 0.71 |
| Weighted Average OS | 162.29M | 161.01M | 160.89M | 160.75M | 160.50M | 160.02M | 160.02M | 178.13M | 160.02M | 148.12M | 148.12M |
| EBITDA | $652.59M | $917.2M | $449M | $527.29M | $195.5M | -$71.89M | $290.15M | $275.63M | $367.17M | $336.18M | $192.75M |
| EBITDA Margin | 33.3% | 49.8% | 32.1% | 38.2% | 27.7% | -11.8% | 18.6% | 19.3% | 23.3% | 24.6% | 16.2% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Assets | ||||||||||||
| Current Assets | ||||||||||||
| Cash and Cash Equivalents | $592.76M | $439.85M | $369.85M | $385.26M | $375.78M | $281.03M | $195.7M | $244.87M | $221.6M | $212.99M | $184.24M | $254.9M |
| Short-Term Investments | $122.08M | $84.82M | $78.37M | $64.74M | $75.3M | $73.9M | $83.75M | $80.98M | $39.8M | $33.94M | $43.17M | $48.82M |
| Cash and Short-Term Investments | $714.84M | $524.67M | $448.22M | $450.01M | $451.08M | $354.93M | $279.45M | $325.84M | $261.4M | $246.92M | $227.41M | $303.72M |
| Accounts Receivable | $237.63M | $216.18M | $245.07M | $167.24M | $151.24M | $89.96M | $119.95M | $133.19M | $136.36M | $114.72M | $144.62M | $474.68M |
| Inventory | $14.73M | $11.41M | $16.15M | $15.77M | $11.52M | $8.02M | $11.3M | $9.77M | $8.56M | $7.66M | $8.22M | $22.3M |
| Other Current Assets | $137K | $137K | $0 | $0 | $137K | $63.73M | $107.56M | $57.86M | $183.91M | $158.02M | -$8.27M | $0 |
| Total Current Assets | $985.04M | $765.51M | $749.91M | $647.47M | $626.32M | $519.99M | $507.64M | $532.74M | $579.48M | $507.13M | $394.72M | $813.03M |
| Long-Term Assets | ||||||||||||
| Property, Plant & Equipment Net | $95.05M | $87.72M | $85.41M | $83.93M | $88.38M | $94.28M | $87.99M | $74.3M | $74.48M | $65.98M | $71.69M | $191.26M |
| Goodwill | $9.92M | $8.79M | $9.29M | $9M | $9.54M | $5.73M | $55.51M | $56.5M | $56.74M | $55.71M | $56.4M | $50.43M |
| Intangible Assets | $3.13B | $3.15B | $2.51B | $2.95B | $2.73B | $2.61B | $2.95B | $2.88B | $2.76B | $2.77B | $2.55B | $1.4B |
| Long-Term Investments | $157.65M | $100.6M | $79.06M | $8.84M | $21.54M | $11.56M | $15.73M | $16.6M | $15.94M | $11.65M | $29.53M | $180.9M |
| Deferred Tax Assets | $12.64M | $13.37M | $62.71M | $54.88M | $68.87M | $73.04M | $147.47M | $153.49M | $135.33M | $99.26M | $47.64M | $38.56M |
| Other Long-Term Assets | $60.31M | $58.79M | $43.92M | $80.67M | $72.56M | $90.3M | $121.28M | $134.61M | $177.64M | $118.07M | $117.34M | $154.69M |
| Total Long-Term Assets | $3.46B | $3.42B | $2.79B | $3.19B | $2.99B | $2.89B | $3.37B | $3.31B | $3.22B | $3.12B | $2.88B | $2.02B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $4.45B | $4.18B | $3.54B | $3.84B | $3.62B | $3.41B | $3.88B | $3.85B | $3.8B | $3.63B | $3.27B | $2.83B |
| Liabilities | ||||||||||||
| Current Liabilities | ||||||||||||
| Accounts Payable | $131.16M | $120.76M | $112.77M | $124.1M | $116.24M | $150.85M | $148.76M | $114.64M | $127.81M | $113.54M | $121.16M | $173.49M |
| Short-Term Debt | $139.36M | $115.37M | $199.69M | $178.02M | $421.27M | $216.41M | $175.12M | $98.91M | $372.79M | $141.57M | $127.25M | $280.53M |
| Current Income Tax Payable | $50.77M | $45.26M | $42.84M | $31.08M | $36.19M | $1M | $5.16M | $11.55M | $21.93M | $89.09M | $30.61M | $72.99M |
| Current Unearned Revenue | $13.82M | $23.59M | $26.71M | $20.49M | $4.72M | $4.52M | $4.85M | $6.03M | $6.12M | $13.94M | $15.05M | $10.07M |
| Other Current Liabilities | $17.25M | $15.35M | $17.17M | $9.72M | $8.03M | $154.23M | $187.3M | $155.44M | $161.61M | $294.28M | $177.96M | $32.38M |
| Total Current Liabilities | $728.51M | $603.73M | $685.93M | $676.32M | $842.29M | $552.55M | $562.3M | $450.55M | $732.02M | $662.78M | $482.04M | $678.21M |
| Long-Term Liabilities | ||||||||||||
| Long-Term Debt | $955.86M | $1.04B | $1.13B | $1.29B | $1.02B | $1.13B | $1.03B | $1.03B | $1.11B | $965.67M | $960.32M | $484.65M |
| Long-Term Unearned Revenue | $8.3M | $8.58M | $13.37M | $13.91M | $14.47M | $15.47M | $21.44M | $24.76M | $31.91M | $27.92M | $17.68M | $57.39M |
| Long-Term Deferred Tax Liabilities | $400.58M | $383.37M | $137.31M | $232.46M | $227.42M | $171.29M | $233.12M | $271.18M | $148.3M | $144.39M | $145.78M | $122.21M |
| Other Long-Term Liabilities | $689.27M | $618.09M | $757.61M | $757.78M | $736.02M | $722.44M | $827.77M | $848.34M | $978.18M | $1.02B | $831.72M | $23.77M |
| Total Long-Term Liabilities | $2.06B | $2.06B | $2.05B | $2.3B | $2B | $2.05B | $2.12B | $2.17B | $2.27B | $2.16B | $1.96B | $688.01M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.79B | $2.66B | $2.74B | $2.97B | $2.85B | $2.6B | $2.68B | $2.62B | $3B | $2.82B | $2.44B | $1.37B |
| Stockholders' Equity | ||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $165.22M | $163.22M | $163.22M | $163.22M | $163.22M | $163.22M | $160.02M | $160.02M | $1.5B | $20K | $20K | $20K |
| Retained Earnings | $964.64M | $718.51M | $438.77M | $201.19M | $32.69M | $150.2M | $403.25M | $394.16M | $138.03M | $74.54M | $40.79M | -$64.7M |
| Comprehensive Income & Other | $239.2M | $308.2M | -$56.13M | $172.85M | $95.16M | -$1.3M | $20.13M | $33.58M | -$1.18B | $374.59M | $421.95M | $1.18B |
| Other Stockholders' Equity | $456.72M | $487.54M | $122.98M | $351.68M | $273.82M | $175.99M | $200.61M | $214.07M | -$1.18B | $374.59M | $421.95M | $1.18B |
| Total Equity | $1.59B | $1.37B | $724.98M | $716.1M | $469.73M | $489.41M | $763.89M | $768.24M | $461.78M | $449.15M | $462.76M | $1.11B |
| Minority Interest | $74.17M | $148.69M | $78.93M | $146.27M | $303.88M | $315.88M | $434.73M | $454.45M | $335.36M | $354.17M | $371.34M | $351.81M |
| Total Liabilities and Equity | $4.37B | $4.03B | $3.46B | $3.69B | $3.32B | $3.09B | $3.45B | $3.39B | $3.47B | $3.27B | $2.9B | $2.48B |
| Supplementary Data | ||||||||||||
| Total Debt | $1.1B | $1.17B | $1.35B | $1.47B | $1.45B | $1.36B | $1.22B | $1.13B | $1.49B | $1.11B | $1.09B | $765.18M |
| Net Debt | $512.19M | $728.94M | $977.37M | $1.09B | $1.08B | $1.08B | $1.02B | $881.79M | $1.26B | $894.25M | $903.33M | $510.28M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Operating Activities | |||||||||||
| Net Income | $257.72M | $282.67M | $239.51M | $165.63M | -$117.75M | -$357.4M | $9.1M | $7.13M | $63.49M | $33.76M | $105.49M |
| Depreciation & Amortization | $229.08M | $203.01M | $151.59M | $172.48M | $160.63M | $200.79M | $182.27M | $175.83M | $138.13M | $122.88M | $72.25M |
| Deferred Income Tax | $74.96M | $0 | $0 | $24.88M | $0 | -$14.29M | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $1.08M | $1.14M | $1.05M | $667K | $1.02M | $1.8M | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | -$58.97M | -$68.85M | -$32.43M | -$55.06M | -$4.5M | $46.57M | -$103.91M | -$41.57M | -$78.3M | -$97.04M | -$64.22M |
| Inventory | -$2.47M | $5.01M | -$1.55M | -$3.57M | -$2.77M | $2.36M | -$1.4M | -$999K | -$909K | $987K | $4.38M |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$9.99M | -$69.66M | -$19.32M | $989K | -$4.99M | -$14.83M | -$48.12M | -$37.24M | -$171.74M | -$57.78M | -$111.25M |
| Total Working Capital Change | -$71.43M | -$133.49M | -$53.3M | -$57.64M | -$12.26M | $34.1M | -$153.42M | -$79.81M | -$250.95M | -$153.83M | -$171.09M |
| Other Non-Cash Items | -$26.2M | $51.97M | $17.56M | -$3.4M | $73.82M | $135.85M | -$60.94M | $88.52M | -$90K | $161.81M | -$5.03M |
| Net Cash from Operating | $465.22M | $405.3M | $356.42M | $302.63M | $105.46M | $838K | -$22.99M | $191.66M | -$49.42M | $164.62M | $1.62M |
| Investing Activities | |||||||||||
| Capital Expenditures | -$16.71M | -$12.22M | -$9.66M | -$9.09M | -$7.67M | -$8.95M | -$17.12M | -$11.14M | -$11.5M | -$10.39M | -$8.49M |
| Acquisitions | -$423K | $0 | $0 | -$666K | -$1.13M | -$2.07M | $0 | $0 | $0 | $0 | -$39.92M |
| Purchases of Investments | -$195.53M | $0 | $0 | -$150.86M | $0 | -$54.49M | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $138.75M | $0 | $0 | $170.24M | $0 | $67.74M | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $2M | -$20.27M | -$56.74M | -$14.94M | $18.43M | -$602K | $8.24M | -$48.05M | -$33.66M | $38.14M | -$221.53M |
| Net Cash from Investing | -$71.91M | -$32.49M | -$66.4M | -$5.31M | $9.63M | $1.62M | -$8.87M | -$59.19M | -$45.16M | $27.75M | -$269.94M |
| Financing Activities | |||||||||||
| Debt Repaid | $101.72M | $128.13M | $115.75M | -$38.87M | -$94.98M | -$148.87M | -$101.39M | $322.71M | -$344.16M | $90.59M | -$129.72M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $195.6M | $0 | $29.51M | $8.3M |
| Common Stock Repurchases | $0 | $0 | $0 | -$172.03M | $0 | $0 | $0 | $0 | -$28.89M | -$25.98M | $436.93M |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | -$22.48M | -$14.96M | -$23.84M | -$49.73M | -$76.88M |
| Other Financing Activities | -$132.94M | -$143.06M | -$85.88M | $70.9M | -$98.64M | -$58.32M | -$76.81M | $257.03M | -$191.37M | -$19.05M | $166.7M |
| Net Cash from Financing | -$234.66M | -$271.19M | -$201.63M | -$234.29M | -$3.67M | $90.54M | $24.57M | -$65.68M | $128.96M | -$159.38M | $219.54M |
| Forex Effect | -$5.73M | -$31.62M | -$103.8M | -$53.55M | -$16.67M | -$7.67M | -$41.88M | -$43.53M | $5.11M | -$4.76M | -$14.47M |
| Net Change in Cash | $152.91M | $70M | -$15.42M | $9.48M | $94.75M | $85.33M | -$49.17M | $23.26M | $39.48M | $28.23M | -$63.24M |
| Supplementary Data | |||||||||||
| Operating Cash Flow | $465.22M | $405.3M | $356.42M | $302.63M | $105.46M | $838K | -$22.99M | $191.66M | -$49.42M | $164.62M | $1.62M |
| Capital Expenditure | -$18.71M | -$12.22M | -$9.66M | -$9.82M | -$7.67M | -$9.53M | -$17.12M | -$11.14M | -$11.5M | -$10.39M | -$8.49M |
| Free Cash Flow | $446.5M | $393.08M | $346.75M | $292.81M | $97.8M | -$8.69M | -$40.1M | $180.52M | -$60.92M | $154.23M | -$6.87M |
| Cash at Beginning | $439.85M | $369.85M | $385.26M | $375.78M | $281.03M | $195.7M | $244.87M | $221.6M | $182.12M | $153.89M | $217.13M |
| Cash at End | $592.76M | $439.85M | $369.85M | $385.26M | $375.78M | $281.03M | $195.7M | $244.87M | $221.6M | $182.12M | $153.89M |