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Auckland International Airport LimitedNZSE:AIA Stock Report

Market Cap NZ$14.3b
Share Price
NZ$8.39
NZ$8.66
3.1% undervalued intrinsic discount
1Y4.0%
7D-0.1%
Portfolio Value
View

Auckland International Airport Limited

NZSE:AIA Stock Report

Market Cap: NZ$14.3b

Auckland International Airport (AIA) Stock Overview

Provides airport facilities, supporting infrastructure, and aeronautical services in New Zealand. More details

AIA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance3/6
Financial Health3/6
Dividends0/6

AIA Community Fair Values

Create Narrative

See what 36 others think this stock is worth. Follow their fair value or set your own to get alerts.

Auckland International Airport Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Auckland International Airport
Historical stock prices
Current Share PriceNZ$8.39
52 Week HighNZ$9.18
52 Week LowNZ$7.37
Beta0.49
1 Month Change2.19%
3 Month Change-0.36%
1 Year Change4.03%
3 Year Change-5.62%
5 Year Change11.13%
Change since IPO312.54%

Recent News & Updates

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).

Recent updates

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...
User avatar
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

AIANZ InfrastructureNZ Market
7D-0.1%-0.4%-0.1%
1Y4.0%5.9%1.8%

Return vs Industry: AIA underperformed the NZ Infrastructure industry which returned 5.9% over the past year.

Return vs Market: AIA exceeded the NZ Market which returned 1.8% over the past year.

Price Volatility

Is AIA's price volatile compared to industry and market?
AIA volatility
AIA Average Weekly Movement2.9%
Infrastructure Industry Average Movement2.9%
Market Average Movement3.8%
10% most volatile stocks in NZ Market7.9%
10% least volatile stocks in NZ Market2.8%

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

FoundedEmployeesCEOWebsite
1966848Carrie Hurihanganuiwww.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

How do Auckland International Airport's earnings and revenue compare to its market cap?
AIA fundamental statistics
Market capNZ$14.26b
Earnings (TTM)NZ$410.40m
Revenue (TTM)NZ$982.20m
34.8x
P/E Ratio
14.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AIA income statement (TTM)
RevenueNZ$982.20m
Cost of RevenueNZ$224.70m
Gross ProfitNZ$757.50m
Other ExpensesNZ$347.10m
EarningsNZ$410.40m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Aug 20, 2026

Earnings per share (EPS)0.24
Gross Margin77.12%
Net Profit Margin41.78%
Debt/Equity Ratio25.1%

How did AIA perform over the long term?

See historical performance and comparison

Dividends

1.6%
Current Dividend Yield
56%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/14 16:28
End of Day Share Price 2026/05/14 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

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.

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

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.

AnalystInstitution
Roy HarrisonBofA Global Research
Andrew ScottCGS International
Michael NewboldCGS International