Corporacion America Airports S.A. balance sheet CAAP

Annual Quarterly

As of Dec 31, 2025, Corporacion America Airports S.A. had total assets of $4.4 billion and total liabilities of $2.8 billion. Total assets were up 6.4% from a year earlier. Stockholders' equity was $1.7 billion. It held $592.8 million in cash and investments against $1.2 billion of total debt, net debt of $651.6 million. The current ratio, current assets divided by current liabilities, was 1.35.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017
Assets
Cash	593 +34.8%	440 +18.9%	370 -4.0%	385 +2.5%	376 +33.7%	281 -25.2%	376 +53.5%	245 +10.5%	222
Cash and investments	593 +34.8%	440 +18.9%	370 -4.0%	385 +2.5%	376 +33.7%	281 -25.2%	376 +53.5%	245 +10.5%	222
Inventory	15 +29.1%	11 -29.3%	16 +2.4%	16	—	—	—	—	—
Total current assets	985 +28.7%	766 +2.1%	750 +15.8%	647 +3.4%	626 +20.4%	520 +2.4%	508 -4.7%	533 -8.1%	579
Property and equipment, net	86 +10.7%	78 +3.8%	75 +0.2%	75 -1.0%	75 -6.6%	81 +1.5%	80 +7.2%	74 -0.2%	74
Goodwill	—	—	—	—	—	—	50	—	51
Total assets	4,449 +6.4%	4,181 +18.1%	3,542 -7.7%	3,836 +5.9%	3,621 +6.3%	3,406 -12.3%	3,882 +1.0%	3,845 +1.2%	3,801
Liabilities and equity
Accounts payable	131 +8.6%	121 +7.1%	113 -9.1%	124 +6.8%	116 -22.9%	151 +1.4%	149 +29.8%	115 -10.3%	128
Total current liabilities	729 +20.7%	604 -12.0%	686 +1.4%	676 -19.7%	842 +52.4%	553 -1.7%	562 +24.8%	451 -38.5%	732
Total liabilities	2,788 +4.7%	2,663 -2.7%	2,738 -7.9%	2,973 +4.4%	2,847 +9.5%	2,600 -3.1%	2,684 +2.3%	2,623 -12.7%	3,004
Stockholders' equity	1,661 +9.4%	1,518 +88.8%	804 -6.8%	862 +11.5%	774 -3.9%	805 -32.8%	1,199 -2.0%	1,223 +53.4%	797
Debt
Debt due within a year	279 +20.8%	231 -42.2%	399 +12.2%	356 -57.7%	843 +94.7%	433 +23.6%	350 +77.1%	198 -73.5%	746
Long-term debt	956 -8.3%	1,043 -8.0%	1,134 -12.0%	1,287 +26.4%	1,018 -9.8%	1,128 +9.2%	1,033 +0.5%	1,028 -7.7%	1,114
Lease liabilities	10 -9.2%	11 -23.3%	14 +58.7%	9 -28.1%	12 -10.5%	14 +1.0%	—	—	—
Total debt	1,244 -3.1%	1,284 -17.0%	1,547 -6.4%	1,652 -11.8%	1,873 +18.9%	1,575 +12.7%	1,383 +12.9%	1,226 -34.1%	1,859
Net cash	-652 +22.8%	-844 +28.3%	-1,177 +7.1%	-1,267 +15.4%	-1,497 -15.7%	-1,294 -26.7%	-1,008 -2.8%	-981 +40.1%	-1,638
Ratios
Current ratio	1.35x	1.27x	1.09x	0.96x	0.74x	0.94x	0.90x	1.18x	0.79x
Debt to equity	0.75x	0.85x	1.92x	1.92x	2.42x	1.96x	1.15x	1.00x	2.33x
Debt to EBITDA	—	2.04x	2.31x	3.61x	126.25x	—	5.92x	3.98x	4.93x
Return on equity	15.52%	20.28%	28.17%	19.21%	-23.39%	-44.94%	-0.49%	-0.87%	8.39%
Return on assets	5.79%	7.36%	6.39%	4.32%	-5.00%	-10.63%	-0.15%	-0.28%	1.76%

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry: Airports, Flying Fields & Airport Terminal Services (SIC 4581)
Listed as: CAAP (NYSE)
Fiscal year ends: December 31
Incorporated in: Luxembourg
Headquarters: Luxembourg
SEC filer status: Large accelerated filer
SEC CIK: 1717393

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.