Fraport AG

XTRA:FRA Stock Report

Market Cap: €6.5b

Fraport Future Growth

Future criteria checks 1/6

Fraport is forecast to grow earnings and revenue by 4.4% and 4% per annum respectively. EPS is expected to grow by 4.4% per annum. Return on equity is forecast to be 7.7% in 3 years.

Key information

4.4%

Earnings growth rate

4.45%

EPS growth rate

Infrastructure earnings growth5.6%
Revenue growth rate4.0%
Future return on equity7.74%
Analyst coverage

Good

Last updated01 Jun 2026

Recent future growth updates

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...
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...

Recent updates

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.
Analysis Article Jul 31

Is Fraport (ETR:FRA) Using Too Much 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 Jun 30

Returns On Capital At Fraport (ETR:FRA) Paint A Concerning Picture

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
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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.

Earnings and Revenue Growth Forecasts

XTRA:FRA - Analysts future estimates and past financials data (EUR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20285,0284405541,25212
12/31/20274,7943494131,15516
12/31/20264,5743372061,11814
3/31/20264,522430401,317N/A
12/31/20254,506432-41,328N/A
9/30/20254,444469-3331,288N/A
6/30/20254,446395-5981,145N/A
3/31/20254,470418-8341,030N/A
12/31/20244,489451-7091,179N/A
9/30/20244,427457-7031,028N/A
6/30/20244,287463-726928N/A
3/31/20244,148431-642941N/A
12/31/20234,051393-667863N/A
9/30/20233,900383-468891N/A
6/30/20233,698262-400896N/A
3/31/20233,493219-362868N/A
12/31/20223,234132-366787N/A
9/30/20223,04952-357802N/A
6/30/20222,72014-360773N/A
3/31/20222,33640-514610N/A
12/31/20212,18183-761393N/A
9/30/20211,899-45-1,021108N/A
6/30/20211,616-426-1,484-334N/A
3/31/20211,439-693-1,675-543N/A
12/31/20201,715-658-1,354-236N/A
9/30/20202,209-474-1,15235N/A
6/30/20202,87252-700488N/A
3/31/20203,602361-319915N/A
12/31/20193,744421N/A952N/A
9/30/20193,822508N/A943N/A
6/30/20193,767497N/A845N/A
3/31/20193,637481N/A851N/A
12/31/20183,514474N/A802N/A
9/30/20183,288366N/A759N/A
6/30/20183,146337N/A738N/A
3/31/20183,061335N/A773N/A
12/31/20172,971330N/A819N/A
9/30/20172,894468N/A794N/A
6/30/20172,755411N/A732N/A
3/31/20172,643380N/A619N/A
12/31/20162,621375N/A583N/A
9/30/20162,624250N/A628N/A
6/30/20162,612271N/A633N/A
3/31/20162,625280N/A629N/A
12/31/20152,629277N/A652N/A
9/30/20152,595274N/A622N/A
6/30/20152,543244N/A577N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FRA's forecast earnings growth (4.4% per year) is above the savings rate (1.9%).

Earnings vs Market: FRA's earnings (4.4% per year) are forecast to grow slower than the German market (17.2% per year).

High Growth Earnings: FRA's earnings are forecast to grow, but not significantly.

Revenue vs Market: FRA's revenue (4% per year) is forecast to grow slower than the German market (6.7% per year).

High Growth Revenue: FRA's revenue (4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FRA's Return on Equity is forecast to be low in 3 years time (7.7%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/12 18:48
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
José ArroyasBanco Santander
Andrew LobbenbergBarclays
Susanna InvernizziBarclays