Flughafen Zuerich AG

Chart & Performance

D1W1MN

P/E

19.73

P/S

4.86

EPS

10.64

Div Yield, %

2.51%

Shrs. gr., 5y

—

Rev. gr., 5y

1.85%

Revenues

1.33b

+7.29%

Net income

327m

+7.40%

CFO

642m

-4.05%

Dividend

Apr 24, 20245.3 CHF/sh

Earnings

Apr 22, 2025

Profile

Flughafen Zürich AG owns and operates the Zurich in Switzerland. It provides infrastructure and services related to flight operations, including the runway system, apron zones, passenger zones in the terminals, freight operations, passenger handling and services, and safety; support for passengers with reduced mobility; and check-in areas and facilities, baggage sorting and handling system, aircraft power supply system, handling apron areas, and the related services. The company also offers passenger and aircraft security measures with systems and their operation and maintenance designed to prevent actions that affect the security of commercial civil aviation primarily facilities for checks on passengers, hand luggage, checked baggage, and freight. In addition, it provides air security-related equipment and services comprising relevant systems and their operation and maintenance; and airport policing duties, con surveillance patrols and other security-related duties. Further, the company is involved in the development, marketing, and operation of the commercial infrastructure at Zurich Airport, including retail and restaurant/catering operations at the airport, renting premises, parking services, and various commercial services; and shopping centers, service centers, leisure, and experiential activities. Flughafen Zürich AG was founded in 2000 and is headquartered in Zurich, Switzerland.

URL

https://www.flughafen-zuerich.ch/

IPO date

Apr 17, 2000

Employees

1,886

Domiciled in

Incorporated in

Valuation

Order:

Title CHF in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CHF in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	1,326,400 7.29%	1,236,300 20.79%	1,023,500 50.51%
Cost of revenue	684,700	816,000	733,300
Unusual Expense (Income)
NOPBT	641,700	420,300	290,200
NOPBT Margin	48.38%	34.00%	28.35%
Operating Taxes	86,800	73,500	33,300
Tax Rate	13.53%	17.49%	11.47%
NOPAT	554,900	346,800	256,900
Net income	326,700 7.40%	304,200 46.96%	207,000 -2,149.50%
Dividends	(162,700)	(107,500)
Dividend yield	2.44%	1.99%
Proceeds from repurchase of equity	(900)	(2,100)	(1,000)
BB yield	0.01%	0.04%	0.02%
Debt
Debt current	26,900	327,500	422,900
Long-term debt	1,617,000	1,393,700	1,520,300
Deferred revenue	39,800	38,400	156,500
Other long-term liabilities	335,700	357,000	283,700
Net debt	1,033,100	881,100	312,300
Cash flow
Cash from operating activities	641,600	668,700	475,200
CAPEX	(476,400)	(427,500)	(193,400)
Cash from investing activities	(344,100)	(170,000)	(569,800)
Cash from financing activities	(267,200)	(469,100)	(54,500)
FCF	357,000	246,400	138,600
Balance
Cash	397,600	601,900	722,400
Long term investments	213,200	238,200	908,500
Excess cash	544,480	778,285	1,579,725
Stockholders' equity	2,996,200	2,804,500	2,679,200
Invested Capital	4,277,220	3,986,815	3,306,575
ROIC	13.43%	9.51%	7.87%
ROCE	13.12%	8.71%	5.85%
EV
Common stock shares outstanding	30,705	30,707	30,710
Price	217.60 23.92%	175.60 22.71%	143.10 -12.80%
Market cap	6,681,340 23.91%	5,392,103 22.70%	4,394,596 -12.77%
EV	7,714,540	6,273,303	4,706,996
EBITDA	941,200	680,000	558,700
EV/EBITDA	8.20	9.23	8.42
Interest	18,300	19,000	27,500
Interest/NOPBT	2.85%	4.52%	9.48%