Københavns Lufthavne A/S

Københavns Lufthavne A/S

KBHL.CO
Københavns Lufthavne A/SDK flagNASDAQ Copenhagen
5,720.00
DKK
+20.00
- -
44.89BMarket Cap
Københavns Lufthavne A/S
KBHL.CO
(NASDAQ Copenhagen)

Recent

price

5,720.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
412.68
426.07
447.98
464.38
492.8
517.57
563.44
565.67
566.36
553.73
200.78
224.39
450.05
517.46
646.02
703.49
731.77
Revenue per Share
115.8
96.29
205.76
124.37
122.12
138.38
160.42
163.8
140.84
130.01
-81.31
-67.15
24.34
33.64
129.46
154.82
166.91
Basic EPS, GAAP
-98.71
-98.53
-136.2
-116.13
-117.75
-146.33
-131.69
-188.21
-224.43
-272.85
-193.32
-74.03
-120.8
-170.74
-175.08
-250.13
-273.17
Free Cash Flow per Basic Share
89.82
157.15
105.43
213.38
121.97
126.57
150.38
152.12
154.54
116.68
- -
- -
7.52
9.68
5.99
25.48
25.92
Dividend per Share
439.12
378.26
476.45
387.45
387.6
399.41
409.45
421.14
407.35
420.58
338.95
320.59
344.67
377.93
507.39
636.47
666.2
Book Value per Share
408.78
324.14
406.93
307.94
299.19
312.43
323.04
344.58
335.16
365.38
299.39
379.2
397.17
404.69
527.52
654.05
690.17
Tangible Book Value per Share
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
Basic Weighted Avg Shares
3,239
3,344
3,516
3,644
3,868
4,062
4,422
4,439
4,445
4,346
1,576
1,761
3,532
4,061
5,070
5,521
5,647
Sales/Revenue/Turnover
45.44
37.39
38.34
37.64
37.71
38.93
40.54
41
35.6
32.95
-45.36
-28.73
11.38
16.6
31.7
33.25
33.89
Operating Margin (%)
492
512
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
909
756
1,615
976
958
1,086
1,259
1,286
1,105
1,020
-638
-527
191
264
1,016
1,215
1,288
Net Income, GAAP
25.97
28.53
15.69
16.7
24.13
22.64
22.29
21.4
22.01
21.11
- -
- -
19.46
28.14
22.33
23.51
23.34
Effective Tax Rate (%)
28.06
22.6
45.93
26.78
24.78
26.74
28.47
28.96
24.87
23.48
-40.5
-29.93
5.41
6.5
20.04
22.01
22.81
Profit Margin (%)
645
-35
-522
-570
-1,411
-744
-791
-2,069
-1,576
-3,030
-896
-389
-6,010
-1,585
-2,399
-4,099
-4,274
Working Capital
3,820
3,900
3,287
4,173
4,044
5,473
5,733
4,653
6,553
6,140
9,440
10,257
4,238
8,753
7,352
5,888
5,795
LT Debt
3,480
2,916
3,602
2,901
2,845
2,992
3,038
3,152
3,086
3,259
2,659
3,198
3,337
3,438
4,416
5,508
5,714
Total Equity
15.52
12.54
15.64
15.36
14.81
15.01
15.87
15.68
12.52
10.2
- -
- -
2.41
3.68
9.35
9.89
13.41
Return on Invested Capital (%)
12.98
12.56
24.37
15.17
14.66
14.81
15.82
15.64
12.55
10.22
- -
- -
2.18
3.23
8.75
9.34
12.78
Return on Capital (%)
27.18
23.56
48.15
28.79
31.51
35.17
39.67
39.44
34
31.41
-21.41
-20.36
7.32
9.31
29.25
27.07
28.01
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2,845
3,170
3,545
LT Borrowings
6,142
5,888
5,795
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
8
8
Market Capitalization
52,136
52,288
49,851

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
791
769
631
Cash, Cash Equivalents & STI
149
54
78
Accounts Receivable, Net
543
517
424
Inventories
- -
- -
- -
Total Current Liabilities
4,322
4,868
4,905
Payables & Accruals
- -
- -
- -
ST Debt
2,845
3,170
3,545
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.12%
16.17%
24.73%
Free Cash Flow
13.28%
17.64%
42.87%
Net Income, GAAP
2.28%
37.8%
19.59%
Sales/Revenue/Turnover
10.45%
32.21%
8.9%
Total Cash Common Dividend
- -
- -
325.53%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,036
1,320
1,470
1,245
5,070
2025
1,075
1,466
1,613
1,368
5,521
2026
1,200
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10
39
56
- -
129.46
2025
10
49
66
- -
154.82
2026
19
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
2.32
- -
- -
5.99
2025
- -
25.99
- -
- -
25.48
2026
- -
- -
- -
- -
- -
Business
Københavns Lufthavne A/S Københavns Lufthavne A/S owns, develops and operates Copenhagen Airport (Kastrup) and Roskilde Airport in Denmark; the company provides aeronautical services including infrastructure for airlines such as runways, aircraft stands, terminals, baggage systems, security and route development, as well as non-aeronautical services encompassing parking facilities, shops, restaurants, hotels, lounges, shuttle buses and services for persons with reduced mobility; it also offers consulting on airport operations and manages IT and technology development for airport functions. Copenhagen Airports A/S divides its activities into aeronautical and non-aeronautical segments, with the majority of revenues derived from aeronautical operations that enable airline flights and passenger processing; the company serves international and domestic airlines, passengers and businesses through subsidiaries including Copenhagen Airport Hotels A/S for hotel operations and Copenhagen Airports International A/S for international consulting. Founded in 1990 and headquartered in Kastrup, Denmark, the company employs approximately 2,671 people and focuses on the airports and air services industry within the industrials sector, primarily targeting the Scandinavian market with global connectivity through Copenhagen Airport. In a major recent development, the Kingdom of Denmark via the Ministry of Finance completed the acquisition of a 59% stake from pension fund ATP in 2025, increasing its ownership to approximately 98.6% following European Commission approval in July 2025; this transaction, valued at around 32 billion DKK, marks a significant shift toward state-controlled ownership to support long-term infrastructure development and Denmark's aviation connectivity; the company subsequently announced a mandatory public takeover offer to remaining minority shareholders and plans to elect new board members.