Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Aena SME SA is a Spanish state-owned company specializing in the management and operation of airports across multiple countries. It primarily oversees 46 airports and 2 heliports in Spain, along with facilities in Brazil, the United Kingdom, Mexico, and Colombia through its subsidiaries. The company operates via key segments including Airports, Real Estate Services, AIRM, and International, handling everything from runway operations to commercial concessions. Notable features encompass managing retail spaces like duty-free shops, food and beverage outlets, specialty stores, car rentals, advertising, and services such as currency exchange, VAT refunds, and ATMs within terminals. It also oversees car parks, VIP areas, and leases land, offices, hangars, and cargo facilities to airlines and service providers. Founded in 1991 and headquartered in Madrid, Aena SME SA, formerly known as Aena S.A., stands as a leading global airport operator, serving over 314 million passengers in 2023 across its network and playing a pivotal role in aviation infrastructure and economic connectivity.
47.12% operating margin is above average. ROIC at 14.32%.
Revenue grew 9.2%, steady but not accelerating. Free cash flow declined 10% despite revenue growth, conversion is weakening.
Free cash flow declined 10% versus the prior year, cash generation momentum has weakened.
Profitability & Returns
Revenue (TTM)
€6.45B
▲ +9.2% YoY
Net Income (TTM)
€2.21B
▲ +10.8% YoY
Op. Margin
46.52%
▲ +1.6pp YoY
ROIC
14.32%
▲ +0.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€1.72B
▼ -10.1% YoY
Op. Cash Flow (TTM)
€2.92B
▲ +22.0% YoY
Net Debt
€4.83B
Cash & Equiv.
€2.45B
3Y CAGR: +14.5%
3Y CAGR: +15.0%
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