Corporación América Airports S.A. Income Statement 2025-2011 | CAAP

Brief overview of financial performance at Corporación América Airports S.A.

The comparison covers a five-year financial horizon. Revenue at Corporación América Airports S.A. moved from 607 million dollars in 2020 to 2 billion dollars in 2025. Across the full period, sales moved by +223.1%; the average annual rate was 26.4%. The company expanded its revenue base at a high speed.

The five-year change in gross profit reached +1592.1%: from −$46.2 million to $690 million. The relationship between sales and direct costs improved over the period. Comparing the endpoints gives gross margins of −7.6% and 35.2%. Improving gross profitability strengthens the quality of revenue growth.

The operating result measured by EBITDA moved from −$164 million to $488 million, or +398.3%. EBITDA expanded faster than the top line. At the operating-margin level, the figure shifted from −27% to 24.9%. The increased EBITDA share is a positive sign.

The net financial result changed from −$253 million to $258 million. The trajectory reversed from a loss to positive earnings.

The market value of the business moved from $645 million to $4 billion, or +513.8%. A large part of future progress may already be reflected in the valuation.

Conclusion

The results point to consistent and sustainable progress. The constructive conclusion rests on sales growth, a stronger gross margin and improving net profitability. Further direction will depend on top-line growth, operating profitability, and net income.