Fraport (FRA) Stock Overview
Owns and operates airports in Germany, the rest of Europe, Asia, and the America. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
FRA Community Fair Values
Create NarrativeSee what 11 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Fraport AG Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €62.60 |
| 52 Week High | €86.95 |
| 52 Week Low | €62.45 |
| Beta | 0.97 |
| 1 Month Change | -5.30% |
| 3 Month Change | -7.74% |
| 1 Year Change | -17.96% |
| 3 Year Change | 28.38% |
| 5 Year Change | 13.61% |
| Change since IPO | 79.89% |
Recent News & Updates
Narrative Update • Aug 18
FRA: Improved Free Cash Flow Outlook Will Support Multiple Re Rating
Analysts have reduced the Fraport fair value estimate from €91 to €86, reflecting a series of lower price targets in recent Street research as they consider weaker near term trends, Lufthansa related uncertainties, a slightly higher discount rate, and updated assumptions on growth, margins, and future P/E multiples. Analyst Commentary Recent Street research on Fraport shows a mix of caution and optimism, with several firms adjusting price targets and ratings as they reassess traffic trends, Lufthansa dependencies, cash flow expectations, and valuation multiples.Analysis Article • Aug 09
Earnings Miss: Fraport AG Missed EPS By 20% And Analysts Are Revising Their Forecasts
As you might know, Fraport AG ( ETR:FRA ) recently reported its half-yearly numbers. Results overall were not great...
Narrative Update • Aug 04
FRA: Free Cash Flow Execution Will Drive Upside Despite Mixed Ratings
Fraport's updated analyst price target has shifted from €78.81 to €76.30 as analysts factor in a series of recent target cuts, slightly higher discount rate assumptions, and only modest adjustments to revenue growth, profit margin, and future P/E expectations. Analyst Commentary Recent Street research on Fraport shows a mix of optimism and caution as analysts recalibrate their views and price targets.Narrative Update • Jul 21
FRA: Improved Free Cash Flow Outlook Will Support Constructive Re Rating
Analysts have reduced their fair value estimate for Fraport to €91 from €95, reflecting a series of lower price targets across the Street as they factor in weaker near-term trends and the complex relationship with Lufthansa, partly balanced by an improved free cash flow outlook. Analyst Commentary Street research on Fraport currently reflects a mixed backdrop, but there is a clear thread of constructive views that focus on valuation, cash generation and the potential for execution to support higher fair values over time.Recent updates
Narrative Update • Aug 18
FRA: Improved Free Cash Flow Outlook Will Support Multiple Re Rating
Analysts have reduced the Fraport fair value estimate from €91 to €86, reflecting a series of lower price targets in recent Street research as they consider weaker near term trends, Lufthansa related uncertainties, a slightly higher discount rate, and updated assumptions on growth, margins, and future P/E multiples. Analyst Commentary Recent Street research on Fraport shows a mix of caution and optimism, with several firms adjusting price targets and ratings as they reassess traffic trends, Lufthansa dependencies, cash flow expectations, and valuation multiples.Analysis Article • Aug 09
Earnings Miss: Fraport AG Missed EPS By 20% And Analysts Are Revising Their Forecasts
As you might know, Fraport AG ( ETR:FRA ) recently reported its half-yearly numbers. Results overall were not great...Narrative Update • Aug 04
FRA: Free Cash Flow Execution Will Drive Upside Despite Mixed Ratings
Fraport's updated analyst price target has shifted from €78.81 to €76.30 as analysts factor in a series of recent target cuts, slightly higher discount rate assumptions, and only modest adjustments to revenue growth, profit margin, and future P/E expectations. Analyst Commentary Recent Street research on Fraport shows a mix of optimism and caution as analysts recalibrate their views and price targets.Narrative Update • Jul 21
FRA: Improved Free Cash Flow Outlook Will Support Constructive Re Rating
Analysts have reduced their fair value estimate for Fraport to €91 from €95, reflecting a series of lower price targets across the Street as they factor in weaker near-term trends and the complex relationship with Lufthansa, partly balanced by an improved free cash flow outlook. Analyst Commentary Street research on Fraport currently reflects a mixed backdrop, but there is a clear thread of constructive views that focus on valuation, cash generation and the potential for execution to support higher fair values over time.
Narrative Update • Jun 15
FRA: Future Upside Will Likely Be Limited By Terminal 2 Refurbishment Execution Risks
Analysts have trimmed their average price targets on Fraport, with cuts such as Citi moving from €91 to €86 and UBS from €67 to €65. These changes reflect updated views on valuation, profit margins and long term earnings multiples, despite broadly unchanged fair value assumptions.Narrative Update • Jun 01
FRA: Traffic Disruptions And Mixed Ratings Will Shape Fairly Valued Shares
Analysts have gently trimmed their average price targets on Fraport to around €78.80 from about €77.82. This reflects slightly lower revenue growth assumptions, a modestly reduced discount rate and a small uplift in expected profit margins, with recent research pointing to mixed rating actions but valuation seen as more in line with fundamentals after the share price correction.Narrative Update • May 08
FRA: Future Upside Will Likely Be Capped By Execution And Traffic Risks
Narrative update on Fraport Analysts have nudged their average price target on Fraport higher by about €3. This is supported by revised assumptions for discount rates, revenue growth, profit margins and a higher future P/E multiple, even as views on the stock's rating remain mixed.Analysis Article • May 08
Fraport AG (ETR:FRA) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
It's been a good week for Fraport AG ( ETR:FRA ) shareholders, because the company has just released its latest...Narrative Update • Apr 22
FRA: Higher Future P E Assumptions Will Support Constructive Re Rating
Analysts have nudged their price targets for Fraport higher, with recent moves including a €1 increase to €82 and another €3 raise, citing updated assumptions on discount rates, revenue growth, profit margins, and future P/E expectations. Analyst Commentary Bullish analysts are signaling a constructive stance on Fraport, with recent research highlighting higher valuation ranges and a more supportive view on execution and earnings power.Narrative Update • Apr 08
FRA: Recent Upgrade And Higher P E Assumptions Will Support Re Rating
Narrative Update: Fraport Analyst Price Target Shift Fraport's analyst price targets have edged higher, with recent street research pointing to incremental increases of up to €3 as analysts factor in updated assumptions on discount rates, revenue growth, profit margins and future P/E levels. Analyst Commentary Recent research on Fraport has leaned constructive, with several price target changes and an upgrade pointing to a more supportive backdrop for the shares.Narrative Update • Mar 25
FRA: Reset Fair Value And Recent Upgrade Will Support Higher P E
Analysts have reset the fair value estimate for Fraport from €98.82 to €95.00, reflecting modestly higher revenue growth and profit margin assumptions as well as slightly lower future P/E expectations, which are aligned with recent price target increases from firms such as Morgan Stanley and Deutsche Bank and an upgrade at Jefferies. Analyst Commentary Recent Street research on Fraport shows a series of upward tweaks to price targets and a fresh upgrade, which together point to a more constructive tone around the shares.Narrative Update • Mar 10
FRA: Mixed Rating Shifts Will Shape Fairly Valued Shares On P/E Sensitivities
Analysts have lifted their price expectations for Fraport, with the updated fair value estimate moving from about €75.55 to roughly €77.82, citing adjustments to long term growth assumptions, profit outlook and the P/E multiple they apply. Analyst Commentary Recent Street research around Fraport has focused on fine tuning price targets and reassessing how much investors might be willing to pay for the company on a P/E basis, rather than pointing to any single new data point.Narrative Update • Feb 24
FRA: Upgraded Research Stance Will Support Higher Future P E Expectations
Analysts have raised their fair value estimate for Fraport from €92.35 to €98.82. This reflects updated assumptions for discount rates, revenue growth, profit margins and future P/E, which are aligned with recent price target increases and a rating upgrade in Street research.Narrative Update • Feb 10
FRA: Future Upside Will Likely Be Capped By Rich Execution Risk
Narrative Update on Fraport Analysts have inched their price targets for Fraport higher by around €1 in recent updates, citing modest changes to long term assumptions for revenue growth, profit margins and the P/E they apply to the shares. Analyst Commentary Recent research on Fraport has mixed signals for you as an investor.Narrative Update • Jan 27
FRA: Future Upside Will Likely Be Limited By Rich Execution Risk
Narrative update Our analyst price target for Fraport moves by €1 to reflect a fair value adjustment from €60.0 to €61.0. Analysts point to updated revenue growth, profit margin and future P/E assumptions in line with recent target changes from the Street. Analyst Commentary Recent Street research on Fraport shows a mix of views, with some analysts adjusting price targets higher while others flag valuation and execution risks.Narrative Update • Jan 11
FRA: Mixed Ratings Will Frame Fairly Valued Shares On Execution Sensitivities
Analysts have nudged their price expectations for Fraport slightly higher, with the target implied by our updated model moving from about €75.33 to €75.55. This is supported by recent Street research that includes modest target increases alongside mixed rating changes, as views consolidate around fair value and improved profitability assumptions.Analysis Article • Dec 28
Fraport AG's (ETR:FRA) Intrinsic Value Is Potentially 97% Above Its Share Price
Key Insights The projected fair value for Fraport is €136 based on 2 Stage Free Cash Flow to Equity Fraport's €69.00...Narrative Update • Dec 25
FRA: Future Upside Will Likely Be Capped By Sideways Earnings
Analysts have raised their fair value estimate for Fraport to EUR 60 from EUR 50, reflecting a lower perceived risk profile and somewhat stronger long term revenue growth expectations, even as recent rating changes emphasize balanced valuations and a flatter earnings outlook. Analyst Commentary Recent research updates underscore a more nuanced view of Fraport, with several bearish analysts tempering their outlook despite higher fair value estimates.Narrative Update • Dec 11
FRA: Mixed Ratings Will Shape Fairly Valued Shares Amid Traffic Execution Risk
Analysts have nudged our Fraport fair value estimate slightly higher, to about EUR 75.33 from EUR 75.21, as a series of mixed but generally rising price targets reflect modestly stronger long term growth expectations, offset by softer margin assumptions and a view that European airports are closer to fair value. Analyst Commentary Street research on Fraport has turned more balanced, with upward revisions to price targets offset by a shift toward more neutral recommendations.Analysis Article • Nov 29
Should You Think About Buying Fraport AG (ETR:FRA) Now?
Fraport AG ( ETR:FRA ), is not the largest company out there, but it received a lot of attention from a substantial...Narrative Update • Nov 27
FRA: Mixed Ratings And Modest Financial Improvement Will Shape Near-Term Prospects
Fraport's analyst price target was modestly revised lower to approximately €75.21 from €75.40, as analysts weighed recent valuation-driven downgrades and a more balanced industry outlook. This adjustment comes alongside slightly improved financial estimates.Analysis Article • Nov 14
Results: Fraport AG Beat Earnings Expectations And Analysts Now Have New Forecasts
It's been a good week for Fraport AG ( ETR:FRA ) shareholders, because the company has just released its latest...Narrative Update • Nov 13
FRA: Recovery In Air Travel Will Drive Mixed Prospects Ahead
Fraport's fair value price target has been increased by analysts to €75.40 from €73.53. This change reflects updated assessments of the company's outlook and recent upward revisions in target prices across the sector.Analysis Article • Oct 30
These 4 Measures Indicate That Fraport (ETR:FRA) Is Using Debt In A Risky Way
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Narrative Update • Oct 29
Fair Value And Mixed Earnings Outlook Will Shape Near-Term Performance
Fraport's analyst price targets have seen a modest increase, rising to approximately €73.53 from €72.54. Analysts point to updated fair value assessments in light of ongoing mixed operational outlooks and stable earnings expectations.Narrative Update • Oct 15
Emerging Markets And Terminal Expansions Will Unlock Value
Fraport's analyst price target has increased to €72.54 from €71.42, as analysts cite improved outlooks on revenue growth and a lower discount rate, even though profit margin expectations are more conservative. Analyst Commentary Recent analyst activity surrounding Fraport has highlighted both positive momentum in its outlook and areas of ongoing caution, especially as new price targets and ratings reflect shifts in valuation and expected growth.Analysis Article • Oct 14
Returns On Capital Are Showing Encouraging Signs At Fraport (ETR:FRA)
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Analysis Article • Sep 08
Unpleasant Surprises Could Be In Store For Fraport AG's (ETR:FRA) Shares
With a median price-to-earnings (or "P/E") ratio of close to 19x in Germany, you could be forgiven for feeling...Analysis Article • Aug 23
Is It Time To Consider Buying Fraport AG (ETR:FRA)?
Fraport AG ( ETR:FRA ), is not the largest company out there, but it saw a significant share price rise of 33% in the...Narrative Update • Aug 07
Emerging Markets And Terminal Expansions Will Unlock Value
The upward revision in Fraport’s consensus price target reflects improved revenue growth expectations and a higher forward P/E multiple, lifting fair value to €69.16. What's in the News Fraport AG announced a share repurchase program of up to 75,000 shares (0.08% of share capital) for €4.2 million, intended to fulfill employee participation program obligations.
New Narrative • Mar 23
Delayed Aircraft Deliveries And Rising Costs Will Reduce Future Profits At Frankfurt Airport
Maintenance issues, operational cost increases, and labor expenses could limit Fraport's revenue growth and compress net margins.Shareholder Returns
| FRA | DE Infrastructure | DE Market | |
|---|---|---|---|
| 7D | -6.5% | -1.1% | -0.7% |
| 1Y | -18.0% | -0.7% | 2.6% |
Return vs Industry: FRA underperformed the German Infrastructure industry which returned -0.7% over the past year.
Return vs Market: FRA underperformed the German Market which returned 2.6% over the past year.
Price Volatility
| FRA volatility | |
|---|---|
| FRA Average Weekly Movement | 4.3% |
| Infrastructure Industry Average Movement | 4.1% |
| Market Average Movement | 5.1% |
| 10% most volatile stocks in DE Market | 13.0% |
| 10% least volatile stocks in DE Market | 2.7% |
Stable Share Price: FRA has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: FRA's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1924 | 20,142 | Stefan Schulte | www.fraport.com |
Fraport AG owns and operates airports in Germany, the rest of Europe, Asia, and the America. It primarily focuses on the operation of Frankfurt Main airport. The company operates through four segments: Aviation, Retail & Real Estate, Ground Handling, and International Activities & Services.
Fraport AG Fundamentals Summary
| FRA fundamental statistics | |
|---|---|
| Market cap | €5.87b |
| Earnings (TTM) | €388.20m |
| Revenue (TTM) | €4.51b |
14.9x
P/E Ratio1.3x
P/S RatioIs FRA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FRA income statement (TTM) | |
|---|---|
| Revenue | €4.51b |
| Cost of Revenue | €2.96b |
| Gross Profit | €1.55b |
| Other Expenses | €1.17b |
| Earnings | €388.20m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
Nov 04, 2026
| Earnings per share (EPS) | 4.20 |
| Gross Margin | 34.47% |
| Net Profit Margin | 8.61% |
| Debt/Equity Ratio | 219.8% |
How did FRA perform over the long term?
See historical performance and comparisonDividends
1.6%
Current Dividend Yield24%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/20 19:31 |
| End of Day Share Price | 2026/08/20 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
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
Fraport AG is covered by 28 analysts. 17 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 |
|---|---|
| José Arroyas | Banco Santander |
| Andrew Lobbenberg | Barclays |
| Susanna Invernizzi | Barclays |