Corporación América Airports S.A. (CAAP) Key Metrics
CAAP valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $4.10B
- Enterprise value
- $4.25B
- P/E (TTM)
- 14.0 10-yr median 13.9
- Forward P/E
- 4.9
- PEG ratio
- —
- Price / sales
- 1.9 10-yr median 1.2
- Price / book
- 2.2 10-yr median 2.0
- EV / EBITDA
- 9.4 10-yr median 7.1
- Dividend yield
- 3.63% $0.91 a year
- Beta
- 0.68
CAAP key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCAAP valuation Price multiples at each fiscal year-end price.
CAAP returns How much profit the business earns on the capital it uses.
CAAP per-share figures Results divided by the shares outstanding at year-end.
CAAP financial health Debt, liquidity and how easily interest is covered.
CAAP efficiency & capital use Working capital cycle and where the cash goes.
CAAP valuation history
CAAP returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CAAP debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CAAP cash returned to shareholders
CAAP price vs earnings per share
CAAP key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $4.22B | $3.01B | $2.58B | $1.40B | $926.1M | $638.5M | $960.1M | $1.18B | — | — |
| Enterprise value | $4.61B | $3.65B | $3.48B | $2.43B | $1.93B | $1.64B | $1.90B | $1.98B | — | — |
| P/E ratio | 17.1 | 10.6 | 10.8 | 8.3 | — | — | 105.5 | 165.8 | — | — |
| Price / sales | 2.2 | 1.6 | 1.8 | 1.0 | 1.3 | 1.1 | 0.6 | 0.8 | — | — |
| Price / book | 2.7 | 2.2 | 3.6 | 2.0 | 2.0 | 1.3 | 1.3 | 1.5 | — | — |
| Price / free cash flow | 9.5 | 7.7 | 7.5 | 4.8 | 9.5 | — | — | 6.5 | — | — |
| Price / operating cash flow | 9.1 | 7.4 | 7.2 | 4.6 | 8.8 | 761.9 | — | 6.2 | — | — |
| EV / sales | 2.4 | 2.0 | 2.5 | 1.8 | 2.7 | 2.7 | 1.2 | 1.4 | — | — |
| EV / EBITDA | 7.1 | 4.0 | 7.8 | 4.6 | 9.9 | — | 6.5 | 7.2 | — | — |
| EV / free cash flow | 10.3 | 9.3 | 10.0 | 8.3 | 19.7 | — | — | 11.0 | — | — |
| Earnings yield | 5.9% | 9.4% | 9.3% | 12.0% | −12.7% | −39.6% | 0.9% | 0.6% | — | — |
| Free cash flow yield | 10.6% | 13.1% | 13.4% | 20.9% | 10.6% | −1.4% | −3.9% | 15.3% | — | — |
| Dividend yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 2.3% | 1.3% | — | — |
| Shareholder yield (dividends + buybacks) | 0.0% | 0.0% | 0.0% | 12.3% | 0.0% | 0.2% | 2.3% | 1.3% | — | — |
| Share price at fiscal year-end | $26.00 | $18.66 | $16.06 | $8.73 | $5.77 | $3.99 | $6.00 | $6.63 | — | — |
| Per share | ||||||||||
| Revenue per share | $12.08 | $11.44 | $8.70 | $8.57 | $4.40 | $3.80 | $9.74 | $8.01 | $9.84 | $9.22 |
| Earnings per share | $1.52 | $1.75 | $1.49 | $1.05 | −$0.73 | −$1.58 | $0.06 | $0.04 | $0.40 | $0.23 |
| Operating cash flow per share | $2.86 | $2.51 | $2.22 | $1.88 | $0.66 | $0.01 | −$0.12 | $1.08 | −$0.31 | $1.11 |
| Free cash flow per share | $2.75 | $2.44 | $2.16 | $1.82 | $0.61 | −$0.05 | −$0.24 | $1.01 | −$0.38 | $1.04 |
| Cash per share | $4.40 | $3.25 | $2.79 | $2.80 | $2.81 | $2.22 | $1.75 | $1.83 | $1.63 | $1.67 |
| Book value per share | $9.77 | $8.49 | $4.51 | $4.45 | $2.93 | $3.06 | $4.77 | $4.31 | $2.89 | $3.03 |
| Tangible book value per share | −$9.55 | −$11.08 | −$11.16 | −$13.96 | −$14.16 | −$13.29 | −$13.99 | −$12.16 | −$14.73 | −$16.04 |
| Dividends per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.14 | $0.08 | $0.15 | $0.34 |
| Capex per share | $0.12 | $0.08 | $0.06 | $0.06 | $0.05 | $0.06 | $0.11 | $0.06 | $0.07 | $0.07 |
| Debt per share | $6.80 | $7.25 | $8.37 | $9.17 | $9.05 | $8.49 | $7.61 | $6.33 | $9.29 | $7.48 |
| Shares outstanding | 162.5M | 161.2M | 160.9M | 160.8M | 160.5M | 160.0M | 160.0M | 178.1M | 160.0M | 148.1M |
| Change in shares outstanding | +0.8% | +0.2% | +0.1% | +0.2% | +0.3% | 0.0% | −10.2% | +11.3% | +8.0% | 0.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 16.8% | 27.0% | 33.2% | 28.4% | −24.6% | −40.4% | 1.2% | 1.2% | 13.9% | 7.4% |
| Return on invested capital (ROIC) | 19.2% | 12.1% | 24.8% | 15.5% | −1.1% | −8.1% | 6.8% | 9.2% | 14.5% | 12.6% |
| Return on assets (ROA) | 5.7% | 7.3% | 6.5% | 4.5% | −3.4% | −6.9% | 0.2% | 0.2% | 1.7% | 1.0% |
| Return on tangible assets | 18.9% | 27.6% | 23.5% | 19.2% | −13.4% | −32.1% | 1.0% | 0.8% | 6.5% | 4.2% |
| Free cash flow margin | 22.8% | 21.3% | 24.8% | 21.2% | 13.8% | −1.4% | −2.4% | 12.7% | −3.9% | 11.3% |
| Income quality (OCF / net income) | 1.88 | 1.43 | 1.49 | 1.80 | — | — | −2.17 | 26.90 | −0.78 | 4.88 |
| Financial health | ||||||||||
| Total debt | $1.10B | $1.17B | $1.35B | $1.47B | $1.45B | $1.36B | $1.22B | $1.13B | $1.49B | $1.11B |
| Cash & short-term investments | $714.8M | $524.7M | $448.2M | $450.0M | $451.1M | $354.9M | $279.4M | $325.8M | $261.4M | $246.9M |
| Net debt | $390.1M | $644.1M | $899.0M | $1.02B | $1.00B | $1.00B | $937.8M | $800.8M | $1.23B | $860.3M |
| Debt / equity | 0.70 | 0.85 | 1.86 | 2.06 | 3.09 | 2.78 | 1.59 | 1.47 | 3.22 | 2.47 |
| Debt / assets | 0.25 | 0.28 | 0.38 | 0.38 | 0.40 | 0.40 | 0.31 | 0.29 | 0.39 | 0.31 |
| Net debt / EBITDA | 0.60 | 0.70 | 2.00 | 1.94 | 5.12 | — | 3.23 | 2.91 | 3.34 | 2.56 |
| Current ratio | 1.35 | 1.27 | 1.09 | 0.96 | 0.74 | 0.94 | 0.90 | 1.18 | 0.79 | 0.77 |
| Quick ratio | 1.33 | 1.25 | 1.07 | 0.93 | 0.73 | 0.93 | 0.88 | 1.16 | 0.78 | 0.75 |
| Interest coverage | 4.9 | 4.1 | 4.2 | 1.7 | -0.2 | -1.6 | 2.2 | 2.8 | 1.7 | 1.5 |
| Working capital | $256.5M | $161.8M | $64.0M | −$28.9M | −$216.0M | −$32.6M | −$54.7M | $82.2M | −$152.5M | −$155.7M |
| Invested capital | $1.98B | $2.01B | $1.62B | $1.74B | $1.47B | $1.49B | $1.70B | $1.57B | $1.69B | $1.31B |
| Tangible asset value | −$1.48B | −$1.64B | −$1.72B | −$2.10B | −$1.97B | −$1.81B | −$1.80B | −$1.71B | −$2.02B | −$2.02B |
| Net current asset value | −$1.80B | −$1.90B | −$1.99B | −$2.33B | −$2.22B | −$2.08B | −$2.18B | −$2.09B | −$2.42B | −$2.32B |
| Graham number | $18.31 | $18.31 | $12.29 | $10.24 | — | — | $2.47 | $1.97 | $5.08 | $3.94 |
| Graham net-net per share | −$11.62 | −$12.23 | −$13.04 | −$14.86 | −$14.19 | −$13.59 | −$14.43 | −$12.31 | −$16.47 | −$16.79 |
| Capital allocation | ||||||||||
| Dividends paid | $0 | $0 | $0 | $0 | $1,000 | $1.5M | $22.5M | $15.0M | $23.8M | $49.7M |
| Share buybacks (net) | — | $0 | $0 | $172.0M | $0 | $0 | $0 | $0 | $28.9M | $26.0M |
| Dividend payout ratio | 0.0% | 0.0% | 0.0% | 0.0% | — | — | 247.1% | 210.0% | 37.5% | 147.3% |
| Dividends + buybacks / free cash flow | 0.0% | 0.0% | 0.0% | 58.8% | 0.0% | — | — | 8.3% | — | 49.1% |
| Capex / revenue | 1.0% | 0.7% | 0.7% | 0.7% | 1.1% | 1.6% | 1.2% | 0.8% | 0.7% | 0.8% |
| Capex / operating cash flow | 4.0% | 3.0% | 2.7% | 3.2% | 7.3% | 1,136.9% | — | 5.8% | — | 6.3% |
| Capex / depreciation | 0.08 | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.10 | 0.06 | 0.08 | 0.08 |
| Stock-based compensation / revenue | 0.1% | 0.1% | 0.1% | 0.0% | 0.1% | 11.5% | 2.6% | 3.7% | −1.9% | 1.2% |
| SG&A / revenue | 6.7% | 6.5% | 5.7% | 6.6% | 8.7% | 9.7% | 5.6% | 7.3% | 7.6% | 7.9% |
| Efficiency | ||||||||||
| Days sales outstanding | 42.2 | 45.7 | 53.7 | 42.2 | 62.3 | 63.1 | 29.6 | 34.5 | 29.1 | 34.6 |
| Days of inventory on hand | 3.8 | 4.1 | 6.4 | 5.2 | 5.7 | 5.4 | 3.4 | 3.4 | 2.9 | 3.4 |
| Days payables outstanding | 36.1 | 34.4 | 47.3 | 45.5 | 78.3 | 83.7 | 42.2 | 45.5 | 42.8 | 49.9 |
| Cash conversion cycle (days) | 9.8 | 15.3 | 12.9 | 1.8 | -10.3 | -15.2 | -9.2 | -7.6 | -10.8 | -11.8 |
| Receivables turnover | 8.65 | 7.99 | 6.79 | 8.66 | 5.86 | 5.79 | 12.31 | 10.58 | 12.55 | 10.54 |
| Payables turnover | 10.10 | 10.60 | 7.72 | 8.01 | 4.66 | 4.36 | 8.64 | 8.01 | 8.54 | 7.32 |
| Inventory turnover | 97.33 | 89.80 | 57.32 | 70.59 | 63.72 | 67.67 | 108.06 | 105.98 | 126.94 | 108.14 |
| Asset turnover | 0.45 | 0.48 | 0.38 | 0.37 | 0.20 | 0.17 | 0.40 | 0.37 | 0.42 | 0.40 |
| Average receivables | $226.9M | $230.6M | $206.2M | $159.2M | $120.6M | $105.0M | $126.6M | $134.8M | $125.5M | $129.7M |
| Average payables | $126.0M | $116.8M | $118.4M | $120.2M | $133.5M | $149.8M | $131.7M | $121.2M | $120.7M | $117.3M |
| Average inventory | $13.1M | $13.8M | $16.0M | $13.6M | $9.8M | $9.7M | $10.5M | $9.2M | $8.1M | $7.9M |
| Intangibles / total assets | 70.5% | 75.5% | 71.2% | 77.2% | 75.8% | 76.8% | 77.3% | 76.3% | 74.1% | 77.9% |
Computed from CAAP's annual financial statements (latest annual report filed March 17, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CAAP valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Corporación América Airports traded at 17.1 times earnings, against a 10-year median of 13.9. Based on the latest twelve months, the trailing P/E is 14.0 and the forward P/E is 4.9. Corporación América Airports earned a return on equity of 16.8% and a return on invested capital of 19.2% in fiscal 2025. It ended the year with $1.1 billion of debt and $714.8 million in cash and short-term investments, net debt of $390.1 million. The share count rose 9.7% from 148.1M to 162.5M over 9 years.
See the CAAP income statement, the CAAP chart for price history, or the CAAP stock overview for the latest quote and news.
CAAP key metrics FAQ
What is Corporación América Airports's P/E ratio?
Corporación América Airports's trailing P/E ratio is 14.0 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 4.9. At the end of fiscal 2025 it was 17.1, compared with a 10-year median of 13.9.
What is Corporación América Airports's EV/EBITDA?
Corporación América Airports's enterprise value was 7.1 times EBITDA at the end of fiscal 2025 (enterprise value $4.6 billion, EBITDA $652.6 million); the current EV/EBITDA is 9.4.
What is Corporación América Airports's return on equity?
Corporación América Airports's return on equity (ROE) was 16.8% in fiscal 2025: net income of $247.7 million on average shareholders' equity of $1.5 billion.
What is Corporación América Airports's ROIC?
Corporación América Airports's return on invested capital was 19.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Corporación América Airports have?
Corporación América Airports had total debt of $1.1 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.70 and $390.1 million of net debt (0.60 times EBITDA).
Does Corporación América Airports pay a dividend?
Corporación América Airports did not pay a dividend in fiscal 2025.
What is Corporación América Airports's free cash flow yield?
Corporación América Airports generated $446.5 million of free cash flow in fiscal 2025, a free cash flow yield of 10.6% on its market value at year-end ($4.2 billion).
What is Corporación América Airports's current ratio?
Corporación América Airports's current ratio was 1.35 at the end of fiscal 2025: current assets were 1.35 times current liabilities.