Corporacion America Airports SA AI Stock Analysis
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Corporacion America Airports SA (CAAP) AI Stock Analysis
Corporacion America Airports SA
(NYSE:CAAP)
CAAP scores well on fundamentals, led by strong margins and dependable free cash flow plus improved leverage and liquidity. Valuation is supportive with a mid-teens P/E and ~3.5% dividend yield. The score is tempered by mixed technical momentum and earnings-call risks concentrated in Argentina/Uruguay (EBITDA pressure, cargo normalization, and near-term operational disruptions).
Corporacion America Airports SA (CAAP) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $4.08B
- Dividend Yield
- 3.69%
- Average Volume (3M)
- 295.17K
- Price to Earnings (P/E)
- 14.7
- Beta (1Y)
- 0.66
- Revenue Growth
- 16.22%
- EPS Growth
- 102.59%
- Country
- US
- Employees
- 6,300
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Airlines, Airports & Air Services
Corporacion America Airports SA Business Overview & Revenue Model
Company Description
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....
How the Company Makes Money
CAAP primarily makes money by operating airports under concession and similar agreements and earning revenues tied to aviation activity and airport commercial activity. Key revenue streams typically include: (1) Aeronautical revenue: fees and charges...
Corporacion America Airports SA Earnings Call Summary
The call portrays a fundamentally strong and diversified portfolio with solid top-line growth, improved revenue per passenger, multi-market EBITDA expansion, stronger liquidity and a $150 million dividend. These positives are counterbalanced by concentrated setbacks in Argentina (weaker domestic traffic, cargo normalization and currency effects) and non-recurring costs in Uruguay that pressured consolidated EBITDA and raised operating expenses. Management expects some Argentina domestic capacity to be replaced over time and highlighted ongoing initiatives to improve cargo profitability and monetize strategic projects.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management guided that second‑half international traffic should be supported by new routes, additional frequencies and stronger inbound demand, which should help offset Argentina’s domestic headwinds from limited airline capacity (Flybondi down to 16 aircraft, planned return to 19), planned runway maintenance (Aeropark ~2 days; Acesa >15 days) and a tough cargo revenue comparison; Uruguay is expected to see revenue upside from the new ILS (revenue‑generating from August), a new VIP lounge and cargo initiatives. They emphasized financial flexibility underpinning this view with total liquidity of $861m (+20% vs $750m at YE‑2025), total debt $1.1bn, net debt $381m (from $502m), net leverage ~0.5x, and noted Q2 adjusted EBITDA ex‑IFRIC12 of $160m (‑4.5% YoY), total revenues +8% YoY, consolidated revenue per passenger +9% to $22.9, and a Board‑approved $150m cash dividend (~$0.91/share).
Corporacion America Airports SA Financial Statement Overview
Summary
Strong profitability (TTM gross margin ~33.5%, EBIT margin ~22.8%, net margin ~13.9%) and solid free cash flow generation (TTM FCF ~$459M, ~96% of net income). Balance sheet leverage has improved materially (debt-to-equity ~0.58; net leverage ~0.5x cited on the call), but the business still carries a sizable absolute debt load (~$1.09B) and recent momentum has cooled (TTM revenue and FCF slightly down).
Income Statement
76PositiveBalance Sheet
74PositiveCash Flow
78Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.00B | 1.96B | 1.84B | 1.40B | 1.38B | 706.91M |
| Gross Profit | 671.66M | 689.77M | 605.93M | 485.36M | 415.69M | 84.53M |
| EBITDA | 699.75M | 652.59M | 917.20M | 449.00M | 527.29M | 195.50M |
| Net Income | 278.49M | 247.72M | 282.67M | 239.51M | 168.17M | -117.75M |
Balance Sheet | ||||||
| Total Assets | 4.87B | 4.45B | 4.18B | 3.54B | 3.84B | 3.62B |
| Cash, Cash Equivalents and Short-Term Investments | 860.79M | 714.84M | 524.67M | 457.87M | 450.01M | 451.08M |
| Total Debt | 1.09B | 1.10B | 1.17B | 1.35B | 1.47B | 1.45B |
| Total Liabilities | 2.93B | 2.79B | 2.66B | 2.74B | 2.97B | 2.85B |
| Stockholders Equity | 1.87B | 1.59B | 1.37B | 724.98M | 716.10M | 469.73M |
Cash Flow | ||||||
| Free Cash Flow | 455.19M | 446.50M | 393.08M | 346.75M | 292.81M | 97.80M |
| Operating Cash Flow | 474.55M | 465.22M | 405.30M | 356.42M | 302.63M | 105.46M |
| Investing Cash Flow | -70.38M | -71.91M | -32.49M | -66.40M | -5.31M | 9.63M |
| Financing Cash Flow | -198.94M | -234.66M | -271.19M | -201.63M | -234.29M | -3.67M |
Corporacion America Airports SA Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CAAP, the sentiment is Positive. The current price of 24.99 is above the 20-day moving average (MA) of 24.51, above the 50-day MA of 24.50, and above the 200-day MA of 24.77, indicating a bullish trend. The MACD of 0.16 indicates Negative momentum. The RSI at 54.03 is Neutral, neither overbought nor oversold. The STOCH value of 82.73 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CAAP.
Corporacion America Airports SA Peers Comparison
Overall Rating
OMAB81.5Outperform
CPA79Outperform
PAC74Outperform
ASR71Outperform- CAAP71Outperform
LTM69Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| OMAB | 82Outperform | $5.30B | 17.87 | 50.23% | 4.93% | 20.53% | 14.59% |
| CPA | 79Outperform | $5.83B | 9.26 | 22.40% | 4.78% | 14.80% | -1.39% |
| PAC | 74Outperform | $14.18B | 17.74 | 32.98% | 4.70% | 20.11% | 7.98% |
| ASR | 71Outperform | $8.21B | 15.04 | 23.73% | 8.16% | 25.70% | >-0.01% |
| CAAP | 71Outperform | $4.09B | 14.70 | 16.62% | 3.69% | 16.22% | 102.59% |
| LTM | 69Neutral | $13.85B | 8.51 | 87.28% | 3.23% | 21.07% | 35.86% |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| CAAP | Corporacion America Airports | 24.99 | 3.19 | 14.65% | |
| CPA | Copa Holdings S.A. | 140.87 | 23.27 | 19.79% | |
| OMAB | Grupo Aeroportuario Del Centro | 109.37 | 7.37 | 7.22% | |
| PAC | Grupo Aeroportuario Del Pacifico | 236.75 | 27.96 | 13.39% | |
| ASR | Grupo Aeroportuario Del Sureste | 270.16 | -14.23 | -5.00% | |
| LTM | LATAM Airlines Group SA Sponsored ADR | 47.32 | 3.69 | 8.45% |
Corporacion America Airports SA Corporate Events
Corporación América Airports Secures Long-Term Rebalanced Airport Concession in Argentina
On September 28, 2026, Corporación América Airports announced that the Argentine government approved an administrative decision rebalancing the concession agreement for its Aeropuertos Argentina S.A. unit. The move responds to strong passenger traffi...
Corporación América Airports Reports Mixed August 2026 Traffic as International Growth Offsets Domestic Weakness
In a traffic update released on September 16, 2026, Corporación América Airports reported that total passenger volumes across its network in August 2026 slipped 0.9% year on year to 7.9 million. Domestic traffic fell 7.4%, while international passeng...
Corporación América Airports Posts Q2 2026 Revenue Growth and Declares $150 Million Dividend
Corporación América Airports reported its unaudited results for the second quarter and first half of 2026 on August 18, 2026, showing revenue excluding construction services up 8.2% year-on-year to $470.7 million, driven by 13.2% growth in commercial...
Corporación América Airports Posts Higher First-Half 2026 Earnings and Files Q2 Interim Results
On August 18, 2026, Corporación América Airports filed a Form 6-K with the U.S. Securities and Exchange Commission, submitting its unaudited condensed consolidated interim financial statements for the three- and six-month periods ended June 30, 2026...
Corporación América Airports Posts July 2026 Passenger Growth on International and Armenia Gains
Corporación América Airports reported that total passenger traffic in July 2026 rose 1.4% year on year to 8.1 million, driven by a 7.1% increase in international passengers and strong double-digit growth in Armenia, alongside gains in Italy, Brazil a...
Corporación América Airports Publishes AA2000 Interim Results Translation for June 30, 2026
Corporación América Airports has furnished investors with an English translation of Aeropuertos Argentina 2000’s stand-alone condensed consolidated and individual financial statements for the quarter and six-month period ended June 30, 2026. The fili...
Corporación América Airports Reports June Traffic Drop as Argentina Weakness Weighs
Corporación América Airports S.A., a major global private airport operator with a portfolio of 52 airports across Latin America and Europe, reported mixed traffic dynamics for June 2026. The business remains heavily exposed to Argentina, Brazil and I...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 29, 2026