Corporación América Airports Past Earnings Performance
Past criteria checks 4/6
Corporación América Airports has been growing earnings at an average annual rate of 34.3%, while the Infrastructure industry saw earnings growing at 11.4% annually. Revenues have been declining at an average rate of 0.7% per year. Corporación América Airports's return on equity is 28.2%, and it has net margins of 17.1%.
Key information
34.3%
Earnings growth rate
34.3%
EPS growth rate
| Infrastructure Industry Growth | 6.1% |
| Revenue growth rate | -0.7% |
| Return on equity | 28.2% |
| Net Margin | 17.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Corporación América Airports makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 1,400 | 240 | 100 | 0 |
| 30 Sep 23 | 1,646 | 155 | 112 | 0 |
| 30 Jun 23 | 1,572 | 166 | 110 | 0 |
| 31 Mar 23 | 1,501 | 173 | 98 | 0 |
| 31 Dec 22 | 1,379 | 168 | 94 | 0 |
| 30 Sep 22 | 1,239 | 157 | 89 | 0 |
| 30 Jun 22 | 1,030 | 85 | 81 | 0 |
| 31 Mar 22 | 827 | -25 | 84 | 0 |
| 31 Dec 21 | 707 | -97 | 76 | 0 |
| 30 Sep 21 | 606 | -128 | 75 | 0 |
| 30 Jun 21 | 516 | -256 | 72 | 0 |
| 31 Mar 21 | 454 | -278 | 73 | 0 |
| 31 Dec 20 | 607 | -249 | 82 | 0 |
| 30 Sep 20 | 905 | -248 | 86 | 0 |
| 30 Jun 20 | 1,225 | -129 | 118 | 0 |
| 31 Mar 20 | 1,470 | -41 | 123 | 0 |
| 31 Dec 19 | 1,559 | 13 | 128 | 0 |
| 30 Sep 19 | 1,608 | 77 | 144 | 0 |
| 30 Jun 19 | 1,539 | 86 | 124 | 0 |
| 31 Mar 19 | 1,422 | 16 | 124 | 0 |
| 31 Dec 18 | 1,426 | 7 | 123 | 0 |
| 30 Sep 18 | 1,364 | -30 | 116 | 0 |
| 30 Jun 18 | 1,437 | 4 | 125 | 0 |
| 31 Mar 18 | 1,612 | 58 | 135 | 0 |
| 31 Dec 17 | 1,575 | 63 | 135 | 0 |
| 30 Sep 17 | 1,543 | 61 | 121 | 0 |
| 31 Dec 16 | 1,366 | 43 | 115 | 0 |
| 31 Dec 15 | 1,187 | -3 | 118 | 0 |
Quality Earnings: CAAP has a large one-off gain of $124.3M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: CAAP's current net profit margins (17.1%) are higher than last year (12.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CAAP's earnings have grown significantly by 34.3% per year over the past 5 years.
Accelerating Growth: CAAP's earnings growth over the past year (42.4%) exceeds its 5-year average (34.3% per year).
Earnings vs Industry: CAAP earnings growth over the past year (42.4%) exceeded the Infrastructure industry 29.9%.
Return on Equity
High ROE: Whilst CAAP's Return on Equity (28.17%) is high, this metric is skewed due to their high level of debt.