Aena S.M.E., S.A.

Aena S.M.E., S.A.

ANNSF
Aena S.M.E., S.A.US flagOther OTC
28.21
USD
+0.25
- -
42.32BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.92
2.05
2.3
2.48
2.65
2.81
2.97
1.46
1.62
2.79
3.37
3.86
4.2
5.09
Basic EPS, GAAP
0.4
0.32
0.56
0.78
0.82
0.89
0.96
-0.08
-0.32
0.6
1.09
1.29
1.42
1.77
Free Cash Flow per Basic Share
0.47
0.69
0.92
1.02
1.1
0.95
1.05
-0.24
-0.26
0.76
0.56
1.28
1.15
1.31
Dividend per Share
- -
- -
0.01
0.27
0.39
0.66
0.7
- -
- -
- -
0.48
0.79
1
0.02
Book Value per Share
1.3
1.62
2.18
2.68
3.12
3.36
3.63
3.52
3.2
3.79
4.59
5.14
5.58
4.74
Tangible Book Value per Share
1.95
1.96
2.48
3
3.46
3.68
3.58
3.55
3.28
3.89
4.08
4.66
4.97
4.21
Basic Weighted Avg Shares
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,503
Sales/Revenue/Turnover
2,877
3,076
3,451
3,717
3,971
4,211
4,453
2,190
2,436
4,190
5,048
5,784
6,294
7,651
Operating Margin (%)
27.43
34.12
36.46
39.88
43.3
45.35
45.21
4.77
8.7
32.29
41.72
45.4
47.12
47.74
Depreciation Expense
818
815
846
826
800
806
789
807
797
795
821
848
797
841
Net Income, GAAP
597
479
834
1,164
1,232
1,328
1,442
-127
-475
901
1,631
1,934
2,137
2,661
Effective Tax Rate (%)
- -
29.26
20.16
23.2
23.47
23.58
23.22
- -
- -
22.51
24.05
22.84
23.56
23.49
Profit Margin (%)
20.74
15.56
24.16
31.32
31.02
31.54
32.39
-5.79
-19.52
21.51
32.31
33.44
33.95
34.77
Working Capital
-1,289
-1,054
-755
-515
-271
-385
-1,328
318
-318
739
720
569
1,563
102
LT Debt
10,374
9,832
8,702
7,834
7,185
6,461
5,544
7,117
7,057
6,993
6,814
5,756
6,496
6,190
Total Equity
3,039
3,578
4,360
5,026
5,688
6,024
6,382
6,029
5,560
6,642
7,846
8,496
9,155
7,916
Return on Invested Capital (%)
- -
5.12
7.02
8.18
9.64
10.89
11.73
- -
- -
7.34
10.42
12.69
14.19
18.64
Return on Capital (%)
- -
5.72
7.52
9.67
10.42
11.33
12.38
- -
- -
7.26
12.55
14.07
15.09
20.28
Return on Common Equity (%)
36.11
21.85
29.28
31.96
28.32
27.34
27.54
-2.37
-9.44
17.2
25.92
26.5
26.59
39.73

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1,255
1,373
733
LT Borrowings
5,711
- -
- -
LT Finance Leases
45
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,500
1,500
1,500
Market Capitalization
29,754
33,055
34,436

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
2,803
3,083
1,970
Cash, Cash Equivalents & STI
1,884
2,240
950
Accounts Receivable, Net
844
777
951
Inventories
6
6
6
Total Current Liabilities
2,234
2,477
1,867
Payables & Accruals
- -
- -
- -
ST Debt
1,255
1,373
733
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.06%
9.17%
7.75%
Free Cash Flow
-39.5%
-57.57%
-10.18%
Net Income, GAAP
4.84%
19.07%
10.47%
Sales/Revenue/Turnover
10.27%
25.43%
8.82%
Total Cash Common Dividend
- -
- -
26.62%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,223
1,503
1,640
3,045
5,784
2025
1,307
1,658
3,325
- -
6,294
2026
1,466
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
- -
- -
0.75
1.29
2025
0.2
- -
0.83
- -
1.42
2026
0.22
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.01
0.79
2025
- -
- -
0.01
- -
1
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Maurici Lucena Betriu
Full Time Employees
9,511
Sector
Industrials
Industry
Airlines, Airports & Air Services
Address
calle Peonías, 12 Madrid Spain 28042
IPO Date
May 4, 2015
Website
aena.es
Business
Aena S.M.E., S.A. Aena S.M.E., S.A. manages a network of airports primarily in Spain along with international operations in the United Kingdom, Brazil, Mexico, and Jamaica; it provides aeronautical services including passenger charges, landings, security screening, baggage handling, and air traffic infrastructure, as well as non-aeronautical offerings such as duty-free shops, food and beverage outlets, specialty retail, car rentals, parking facilities, VIP lounges, advertising spaces, car parks, and financial services like currency exchange and VAT refunds. The company, founded in 1991 and headquartered in Madrid, Spain, operates through segments encompassing Airports, Real Estate Services, Región de Murcia International Airport (AIRM), and International activities; it handles commercial spaces in terminals, leases land and facilities to airlines and handlers, and manages 46 Spanish airports plus stakes in London Luton Airport (51%), Northeast Brazil Airport Group (ANB; 100%), Bloco de Onze Aeroportos do Brasil (BOAB; 100%), and a minority interest in Grupo Aeroportuario del Pacífico (GAP) covering 12 Mexican and 2 Jamaican airports. Aena S.M.E., S.A. functions as a subsidiary of Entidad Pública Empresarial ENAIRE and serves airlines, passengers, and cargo operators across Europe, Latin America, North America, Africa, the Middle East, and Asia. In recent developments, the company records robust 9M 2025 performance with 294.1 million passengers (+4.1% year-on-year), revenue of €4,785.2 million (+8.8%), and net profit of €1,579.4 million (+8.9%); it approves a €12,888 million investment plan for DORA III (2027-2031) including €9,991 million in regulated investments, secures €351 million additional DORA II funding from Spain's Council of Ministers, opens Spain's largest hangar in Madrid and awards Barcelona's plot 120 for logistics, executes a 10-for-1 share split in June 2025 to enhance liquidity, and renovates retail spaces driving commercial revenue per passenger up 8.8% to €6.07. Aena S.M.E., S.A. proposes 2026 airport charges raising IMAAJ to €11.03 per passenger (+6.5%) amid ongoing regulatory reviews and disputes, while international concessions like Cali Airport in Colombia conclude in August 2025.

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