Airports & air services

3 companies · $2.0B combined revenue · $488M operating profit

The typical US-listed airports & air services company grew revenue 6.4% and earnings 8.7% in its latest year, at a 42.5% operating margin, and 2 of 3 earn a return on capital above 15%. Figures from each company's latest annual filing with the SEC, refreshed daily.

6.4%Median revenue growth
8.7%Median earnings growth
12.5%Median revenue growth, 3 yrs
11.1%Median earnings growth, 3 yrs
42.5%Median operating margin
24.6%Median ROCE

Growth engines: the 4 Cylinders

All four working: 0% of companies

A company's earnings per share can grow in only four ways: more sales, profits growing faster than sales (operating leverage), wider margins, and less debt. Each bar is the share of companies where that engine worked in their latest year.

  • Sales growth · Revenue up 10% or more33%
  • Operating leverage · Operating income growing faster than a growing revenue67%
  • Margin expansion · Operating margin up 1 point or more33%
  • Debt reduction · Debt down 5% or more, or net cash67%

Combined revenue · 1 companies reporting in US dollars

Revenue
$0$500M$1B$1.5B$2BFY21FY22FY23FY24FY25

Combined operating margin

Operating margin
0%10%20%30%40%FY21FY22FY23FY24FY25

All 3 companies

Median–6.4%8.7%42.5%24.6%0.69x
PACPacific AirportMXN 41.4B23.2%▲12.7%▲42.5%24.6%0.62x▲
OMABCentral North AirportMXN 16.0B5.9%▼8.7%56%▲34.1%▲1.19x▼
CAAPCorporacion America Airports$2.0B6.4%-16.3%▼24.9%▼13.1%▼0.69x

▲ better than the median, ▼ worse. n/a: the ratio doesn't apply to that kind of business (e.g. a bank's operating margin). Sort by any column. Figures from each company's latest 10-K (or 20-F/40-F).