profit from every €100 of sales.
€0€100
Aena S.M.E.
€28.78+0.14% today
+20.5% since Dec 23, 25
1-year low €22.781-year high €28.96
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay €20.20 for every €1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Aena S.M.E. sold, what it kept, and what it did with the cash.
Sales went from €4.19 billion in 2022 to €6.29 billion in 2025, with €2.14 billion of profit last year.
SalesProfit
Aena S.M.E. handed back 87% of the cash it generated last year.
€1.5B
Free cash flow 2025€1.7B
Bought back its own shares–
Paid as dividends€1.5B
Cash vs. debt€2.0B vs. €7.3B
Aena S.M.E. vs. similar companies
Aena S.M.E. grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
| Aena S.M.E. | 20.2× · Fair price | ||
 Aeroports de Paris SA | 30.2× · Expensive | ||
 GMR Airports | 6.4× · Cheap | ||
 Shanghai International Airport | 28.8× · Fair price | ||
 Auckland International Airport | 36.3× · Expensive |
AI analysis
An AI analyst reads Aena S.M.E.'s last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 4,190 | 5,048 | 5,784 | 6,294 | |
| 2,559 | 3,326 | 3,943 | 4,428 | |
| 1,353 | 2,106 | 2,626 | 2,966 | |
| 2,057 | 3,226 | 3,686 | 3,910 | |
| 901 | 1,631 | 1,934 | 2,137 | |
| 0.60 | 1.09 | 1.29 | 1.42 | |
| 61.1% | 65.9% | 68.2% | 70.4% | |
| 32.3% | 41.7% | 45.4% | 47.1% | |
| 21.5% | 32.3% | 33.4% | 33.9% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 15,849 | 17,844 | 17,263 | 18,193 |
| Cash | 1,574 | 2,363 | 1,821 | 2,048 |
| Total debt | 7,621 | 8,586 | 7,012 | 7,281 |
| Total liabilities | 9,207 | 9,998 | 8,767 | 9,038 |
| 6,718 | 7,915 | 8,564 | 9,206 | |
| 1,500 | 1,500 | 1,500 | 1,500 | |
| 6.6% | 10.9% | 13.7% | 14.2% | |
| 13.4% | 20.6% | 22.6% | 23.2% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,863 | 2,220 | 2,747 | 2,787 | |
| 728 | 1,383 | 823 | 1,059 | |
| 1,135 | 837 | 1,924 | 1,728 | |
| Dividends paid | – | 724 | 1,183 | 1,498 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 20.2×
- –
- 0.61
- 4.6×
- 6.9×
- 25.0×
- 12.4×
- 4.0%
- 4.9%
- 3.5%
Profitability
- 70.4%
- 47.1%
- 33.9%
- –
- 14.2%
- 11.3%
- –
- –
- –
- –
Growth
- +14.5%
- +33.2%
- –
- –
- +0.0%
Financial health
- 1.3×
- 0.79
- –
- 12.2×
- 1.88
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 18%of 984
Top 1%of 987
Top 46%of 875
Top 21%of 988
Top 47%of 987
3.5%of the share price, paid each year
On $1,000 invested$35a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
70.1% of its profit
Room to growStretchedMore than it earns: 86.7%
News
Aena S.M.E., S.A. reports results for the nine-month period ended 30 September 2026Seeking Alpha · Oct 28, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
71Pass
Benjamin Graham
58No pass
Philip Fisher
90Pass
Peter Lynch
96Pass
Joel Greenblatt
44No pass
Charlie Munger
70Pass
Terry Smith
68Pass
Questions about Aena S.M.E.
Is Aena S.M.E. a good stock to buy?
A strong, very profitable business at a fair price. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Aena S.M.E. AI analysis
What does Aena S.M.E. do?
Aena S.M.E., S.A., together with its subsidiaries, engages in the management of airports in Spain, Brazil, the United Kingdom, Mexico, and Colombia. The company operates through Airports, Real Estate Services, Región de Murcia International Airport, and International segments. It is in Airports & Air Services, based in Madrid, Spain, with 10,238 employees.
Does Aena S.M.E. pay a dividend?
Yes. At today's price the dividend is 3.5% a year, about 70% of its yearly profit. In 2025 it paid out €1.50 billion in dividends.
Is Aena S.M.E. stock halal?
Yes. Aena S.M.E. passes our halal screen: its business is permitted and its debt is 17% of its market value, under the 30% limit. How we check
Who are Aena S.M.E.'s competitors?
The largest listed companies in the same industry are Aeroports de Paris SA, GMR Airports, Shanghai International Airport and Auckland International Airport. The peers table on this page compares their profit, growth and price with Aena S.M.E.'s.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.