Auckland International Airport (AIA) Stock Overview
Provides airport facilities, supporting infrastructure, and aeronautical services in New Zealand. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 1/6 |
AIA Community Fair Values
Create NarrativeSee what 39 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
NZ$6.2
FV
35.8% overvalued intrinsic discount1.54%
Revenue growth p.a.
25
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Auckland International Airport Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NZ$8.42 |
| 52 Week High | NZ$9.18 |
| 52 Week Low | NZ$7.37 |
| Beta | 0.50 |
| 1 Month Change | 1.45% |
| 3 Month Change | 5.65% |
| 1 Year Change | 10.35% |
| 3 Year Change | -1.52% |
| 5 Year Change | 16.62% |
| Change since IPO | 314.02% |
Recent News & Updates
New Narrative • Jun 24
Auckland International Airport (AIA) - Quality is not the question, price is.
Price NZ$8.18 (≈ A$7.50) · mkt cap ~NZ$13.9b · EV ~NZ$16.4b · as of late Apr 2026 · FY ends 30 June · NZD · prepared through the Franchise Blueprint (v3) Franchise Score 15 / 22 Rating - High-B Verdict WATCH Accumulate below ~NZ$5.75 (≈ A$5.30). A near-irreplaceable monopoly gateway — but capital-heavy, FCF-negative mid-build and priced at ~22–24× EBITDAFI, leaving a sub-hurdle owner's return and a negative margin of safety.
Narrative Update • Jun 24
AIA: Middle East Conflict Will Temper Traffic Recovery But Shares Look Balanced
Analysts have lowered their price target on Auckland International Airport to NZ$8.25 from NZ$9.00, citing a more uncertain near term outlook as the effects of the current Middle East conflict are expected to continue through at least fiscal 2027. What’s in the News for Auckland International Airport Auckland International Airport reported May 2026 traffic figures, with Auckland Airport handling 1,412,275 total passengers and 12,097 aircraft movements, and Queenstown Airport handling 186,953 passengers and 1,382 aircraft movements (company traffic update).Narrative Update • Jun 10
AIA: Passenger Recovery Will Face Prolonged Middle East Conflict Uncertainty
Auckland International Airport's consensus analyst price target has been cut from NZ$9.00 to NZ$8.25, as analysts factor in a more uncertain near term outlook linked to the expected impact of the current Middle East conflict through fiscal 2027. What's in the News Auckland International Airport reported April 2026 traffic with 1,555,588 total passengers, 12,656 aircraft movements and 582,863 tonnes of MCTOW at Auckland Airport, alongside 240,036 passengers and 1,704 aircraft movements at Queenstown Airport.Narrative Update • May 26
AIA: Passenger Volumes Will Steady Outlook Despite Middle East Travel Risks
Analysts have trimmed Auckland International Airport's fair value estimate from NZ$8.66 to NZ$8.58, reflecting a lower NZ$8.25 price target, as they factor in a more uncertain near term outlook and the potential for travel disruptions linked to the Middle East conflict through fiscal 2027. Analyst Commentary Recent research updates on Auckland International Airport point to a more cautious stance, with attention on both valuation and the risk that travel patterns could be disrupted through fiscal 2027 by the ongoing Middle East conflict.Narrative Update • May 03
AIA: Passenger Volumes And Dividend Policy Will Support A Steady Outlook
Analysts have nudged their 12 month price target for Auckland International Airport slightly lower from about NZ$8.67 to around NZ$8.66, reflecting small adjustments to fair value, discount rate, expected revenue growth, profit margins and future P/E assumptions. What's in the News Reported March 2026 traffic data, with Auckland Airport handling 1,719,050 passengers and 13,961 aircraft movements, and Queenstown Airport handling 247,220 passengers and 1,671 aircraft movements (company traffic update).Narrative Update • Apr 19
AIA: Stable Passenger Trends And Dividend Policy Will Support A Fair Outlook
Analysts have nudged their price target for Auckland International Airport slightly higher to NZ$8.67 from NZ$8.65, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E that are only marginally different from prior views. What's in the News Reported March 2026 traffic with Auckland Airport total passengers at 1,719,050 and aircraft movements at 13,961, alongside Queenstown Airport passengers at 247,220 and 1,671 aircraft movements (company traffic update).Recent updates
New Narrative • Jun 24
Auckland International Airport (AIA) - Quality is not the question, price is.
Price NZ$8.18 (≈ A$7.50) · mkt cap ~NZ$13.9b · EV ~NZ$16.4b · as of late Apr 2026 · FY ends 30 June · NZD · prepared through the Franchise Blueprint (v3) Franchise Score 15 / 22 Rating - High-B Verdict WATCH Accumulate below ~NZ$5.75 (≈ A$5.30). A near-irreplaceable monopoly gateway — but capital-heavy, FCF-negative mid-build and priced at ~22–24× EBITDAFI, leaving a sub-hurdle owner's return and a negative margin of safety.Narrative Update • Jun 24
AIA: Middle East Conflict Will Temper Traffic Recovery But Shares Look Balanced
Analysts have lowered their price target on Auckland International Airport to NZ$8.25 from NZ$9.00, citing a more uncertain near term outlook as the effects of the current Middle East conflict are expected to continue through at least fiscal 2027. What’s in the News for Auckland International Airport Auckland International Airport reported May 2026 traffic figures, with Auckland Airport handling 1,412,275 total passengers and 12,097 aircraft movements, and Queenstown Airport handling 186,953 passengers and 1,382 aircraft movements (company traffic update).Narrative Update • Jun 10
AIA: Passenger Recovery Will Face Prolonged Middle East Conflict Uncertainty
Auckland International Airport's consensus analyst price target has been cut from NZ$9.00 to NZ$8.25, as analysts factor in a more uncertain near term outlook linked to the expected impact of the current Middle East conflict through fiscal 2027. What's in the News Auckland International Airport reported April 2026 traffic with 1,555,588 total passengers, 12,656 aircraft movements and 582,863 tonnes of MCTOW at Auckland Airport, alongside 240,036 passengers and 1,704 aircraft movements at Queenstown Airport.Narrative Update • May 26
AIA: Passenger Volumes Will Steady Outlook Despite Middle East Travel Risks
Analysts have trimmed Auckland International Airport's fair value estimate from NZ$8.66 to NZ$8.58, reflecting a lower NZ$8.25 price target, as they factor in a more uncertain near term outlook and the potential for travel disruptions linked to the Middle East conflict through fiscal 2027. Analyst Commentary Recent research updates on Auckland International Airport point to a more cautious stance, with attention on both valuation and the risk that travel patterns could be disrupted through fiscal 2027 by the ongoing Middle East conflict.Narrative Update • May 03
AIA: Passenger Volumes And Dividend Policy Will Support A Steady Outlook
Analysts have nudged their 12 month price target for Auckland International Airport slightly lower from about NZ$8.67 to around NZ$8.66, reflecting small adjustments to fair value, discount rate, expected revenue growth, profit margins and future P/E assumptions. What's in the News Reported March 2026 traffic data, with Auckland Airport handling 1,719,050 passengers and 13,961 aircraft movements, and Queenstown Airport handling 247,220 passengers and 1,671 aircraft movements (company traffic update).Narrative Update • Apr 19
AIA: Stable Passenger Trends And Dividend Policy Will Support A Fair Outlook
Analysts have nudged their price target for Auckland International Airport slightly higher to NZ$8.67 from NZ$8.65, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E that are only marginally different from prior views. What's in the News Reported March 2026 traffic with Auckland Airport total passengers at 1,719,050 and aircraft movements at 13,961, alongside Queenstown Airport passengers at 247,220 and 1,671 aircraft movements (company traffic update).Narrative Update • Apr 04
AIA: Steady Traffic And Dividend Payout Will Support A Balanced Outlook
Analysts have kept their NZ$8.65 price target for Auckland International Airport steady, pointing to only marginal tweaks to inputs such as discount rate, revenue growth, profit margin and future P/E assumptions rather than any shifts in the core valuation view. What's in the News Auckland International Airport reported February 2026 traffic results, with Auckland Airport handling 1,612,458 total passengers, 13,076 aircraft movements and 637,621 tonnes of MCTOW, while Queenstown Airport saw 228,905 passengers and 1,525 aircraft movements (company traffic update, February 2026).Narrative Update • Mar 20
AIA: Passenger Volumes And Stable Margins Will Support A Steady Dividend Outlook
Analysts have kept their NZ$8.65 price target for Auckland International Airport steady, citing only marginal tweaks to the discount rate, profit margin assumptions and future P/E inputs rather than any shift in the core outlook. What's in the News Traffic data for February 2026 shows Auckland Airport handling 1,612,458 total passengers and 13,076 aircraft movements, with maximum certified take off weight (MCTOW) of 637,621 tonnes.Narrative Update • Mar 06
AIA: Passenger Trends And Margins Will Guide Steady Dividend-Focused Outlook
Analysts have nudged their price target for Auckland International Airport slightly higher to NZ$8.65 from NZ$8.64, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Auckland International Airport declared a dividend of NZ$0.07647059 per share for the six months ended December 31, 2025, with payment on April 2, 2026, ex date on March 18, 2026, and record date on March 19, 2026 (company announcement).Narrative Update • Feb 20
AIA: Traffic Trends And Margin Assumptions Will Shape Balanced Outlook
Analysts have lifted their price target for Auckland International Airport from NZ$8.25 to NZ$8.64, pointing to updated assumptions for revenue growth, profit margins and a slightly lower discount rate alongside a modest adjustment to the future P/E. What's in the News January 2026 traffic update: Auckland Airport reported 1,782,009 total passengers, 14,168 aircraft movements and 710,430 tonnes of maximum certified take off weight (MCTOW), while Queenstown Airport handled 275,689 passengers and 1,900 aircraft movements (company traffic report for month ended January 2026).Analysis Article • Nov 24
We Think Auckland International Airport (NZSE:AIA) Can Stay On Top Of Its Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Nov 03
Returns On Capital At Auckland International Airport (NZSE:AIA) Have Stalled
There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...Analysis Article • Oct 16
Shareholders May Be More Conservative With Auckland International Airport Limited's (NZSE:AIA) CEO Compensation For Now
Key Insights Auckland International Airport to hold its Annual General Meeting on 23rd of October Total pay for CEO...Analysis Article • Aug 22
Auckland International Airport (NZSE:AIA) Has A Somewhat Strained Balance Sheet
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Jul 09
Is Auckland International Airport Limited (NZSE:AIA) Worth NZ$7.5 Based On Its Intrinsic Value?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Auckland International Airport fair value estimate is NZ$5.74...
New Narrative • Feb 09
New Zealand Travel Recovery And Infrastructure Upgrades Will Boost Future Airport Prospects
Recovery in international travel and new infrastructure investments are set to boost revenue and earnings growth.Shareholder Returns
| AIA | NZ Infrastructure | NZ Market | |
|---|---|---|---|
| 7D | -0.9% | 0.8% | 0.5% |
| 1Y | 10.4% | 10.7% | 6.2% |
Return vs Industry: AIA matched the NZ Infrastructure industry which returned 10.7% over the past year.
Return vs Market: AIA exceeded the NZ Market which returned 6.2% over the past year.
Price Volatility
| AIA volatility | |
|---|---|
| AIA Average Weekly Movement | 2.6% |
| Infrastructure Industry Average Movement | 3.0% |
| Market Average Movement | 4.1% |
| 10% most volatile stocks in NZ Market | 8.0% |
| 10% least volatile stocks in NZ Market | 2.8% |
Stable Share Price: AIA has not had significant price volatility in the past 3 months compared to the NZ market.
Volatility Over Time: AIA's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1966 | 848 | Carrie Hurihanganui | www.aucklandairport.co.nz |
Auckland International Airport Limited provides airport facilities, supporting infrastructure, and aeronautical services in New Zealand. The company operates through three segments: Aeronautical, Retail and Carparking, and Property. The Aeronautical segment provides services that facilitate the movement of aircraft, passengers, and cargo, as well as utility services, which support the airport; and leases space for facilities, such as terminals.
Auckland International Airport Limited Fundamentals Summary
| AIA fundamental statistics | |
|---|---|
| Market cap | NZ$14.31b |
| Earnings (TTM) | NZ$410.40m |
| Revenue (TTM) | NZ$982.20m |
34.9x
P/E Ratio14.6x
P/S RatioIs AIA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AIA income statement (TTM) | |
|---|---|
| Revenue | NZ$982.20m |
| Cost of Revenue | NZ$224.70m |
| Gross Profit | NZ$757.50m |
| Other Expenses | NZ$347.10m |
| Earnings | NZ$410.40m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Aug 20, 2026
| Earnings per share (EPS) | 0.24 |
| Gross Margin | 77.12% |
| Net Profit Margin | 41.78% |
| Debt/Equity Ratio | 25.1% |
How did AIA perform over the long term?
See historical performance and comparisonDividends
1.6%
Current Dividend Yield56%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/26 16:54 |
| End of Day Share Price | 2026/06/26 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Auckland International Airport Limited is covered by 20 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Roy Harrison | BofA Global Research |
| Andrew Scott | CGS International |
| Michael Newbold | CGS International |