Corporacion Am Financials

CAAP

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Corporacion Am (CAAP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CAAP FY2025 2026-04-22

Cash-generative, low-reinvestment operations dominate, with liabilities driven more by obligations than debt on the FY2025 balance sheet.

From FY2024 to FY2025, net income fell from $307.9M to $257.7M even as operating cash flow kept rising. Free cash flow reached $448.5M while capex was only $16.7M, a pairing that suggests the business model releases cash with little annual reinvestment and that the earnings dip was more accounting-shaped than cash-shaped.

The liability mix matters more than headline leverage: FY2025 shows $2.79B of liabilities but only $5.4M of long-term debt. Interest expense was just $664K, so the balance sheet's obligations appear less about borrowing costs and more about non-debt commitments, even as liabilities remain large in absolute terms.

Asset quality is also more nuanced than book equity alone suggests, because goodwill was $3.14B out of $4.45B of total assets in FY2025. With goodwill at roughly 70.5% of assets, ROA and equity growth should be read as returns on a balance sheet dominated by acquired intangible value rather than mostly hard assets.

Financial Health Signals

Financial Profile 54/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Corporacion Am's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Corporacion Am's revenue grew 6.4% year-over-year to $2.0B, a solid pace of expansion. This earns a growth score of 64/100.

Leverage

100

Corporacion Am carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Corporacion Am's current ratio of 1.35 is below the typical benchmark, resulting in a score of 22/100. However, the company holds substantial cash reserves (81% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.

Cash Flow

Corporacion Am converts 22.9% of revenue into free cash flow ($448.5M). This strong cash generation earns a score of 82/100.

Returns

Corporacion Am's ROE of 15.5% shows moderate profitability relative to equity, earning a score of 54/100. This is down from 20.3% the prior year.

Piotroski F-Score Neutral

6/9

Corporacion Am passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.81x

For every $1 of reported earnings, Corporacion Am generates $1.81 in operating cash flow ($465.2M OCF vs $257.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2.0B

YoY+6.4%

5Y CAGR+26.4%

10Y CAGR+5.2%

Corporacion Am generated $2.0B in revenue in fiscal year 2025. This represents an increase of 6.4% from the prior year.

EBITDA

N/A

Net Income

$257.7M

YoY-16.3%

10Y CAGR+8.4%

Corporacion Am reported $257.7M in net income in fiscal year 2025. This represents a decrease of 16.3% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

$448.5M

YoY+14.1%

Corporacion Am generated $448.5M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 14.1% from the prior year.

Cash & Debt

$592.8M

YoY+34.8%

5Y CAGR+16.1%

10Y CAGR+14.4%

Corporacion Am held $592.8M in cash against $5.4M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

165M

YoY+1.2%

5Y CAGR+0.6%

Corporacion Am had 165M shares outstanding in fiscal year 2025. This represents an increase of 1.2% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

13.1%

YoY-3.6pp

5Y CAGR+72.7pp

10Y CAGR+3.4pp

Corporacion Am's net profit margin was 13.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 3.6 percentage points from the prior year.

Return on Equity

15.5%

YoY-4.8pp

5Y CAGR+60.5pp

10Y CAGR+1.7pp

Corporacion Am's ROE was 15.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 4.8 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$16.7M

YoY+36.7%

5Y CAGR+13.3%

10Y CAGR+7.4%

Corporacion Am invested $16.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 36.7% from the prior year.

CAAP Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$2.0B+6.4%	$1.8B+31.7%	$1.4B+1.6%	$1.4B+95.0%	$706.9M+16.4%	$607.4M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$664K-21.6%	$847K+89.9%	$446K-26.3%	$605K-17.9%	$737K+81.1%	$407K
Income Tax	$75.0M-74.9%	$298.8M+1332.7%	-$24.2M-197.4%	$24.9M-64.0%	$69.1M+583.5%	-$14.3M
Net Income	$257.7M-16.3%	$307.9M+36.0%	$226.5M+36.7%	$165.6M+191.5%	-$181.0M+50.0%	-$361.9M
EPS (Diluted)	N/A	N/A	$1.49+41.9%	$1.05+275.0%	$-0.60+61.3%	$-1.55

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

CAAP Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$4.4B+6.4%	$4.2B+18.1%	$3.5B-7.7%	$3.8B+5.9%	$3.6B+6.3%	$3.4B
Current Assets	$985.0M+28.7%	$765.5M+2.1%	$749.9M+15.8%	$647.5M+3.4%	$626.3M+20.4%	$520.0M
Cash & Equivalents	$592.8M+34.8%	$439.8M+18.9%	$369.8M-4.0%	$385.3M+2.5%	$375.8M+33.7%	$281.0M
Inventory	$14.7M+29.1%	$11.4M-29.3%	$16.1M+2.4%	$15.8M+36.8%	$11.5M	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$3.1B-0.6%	$3.2B+25.2%	$2.5B-14.8%	$3.0B+7.9%	$2.7B+4.8%	$2.6B
Total Liabilities	$2.8B+4.7%	$2.7B-2.7%	$2.7B-7.9%	$3.0B+4.4%	$2.8B+9.5%	$2.6B
Current Liabilities	$728.5M+20.7%	$603.7M-12.0%	$685.9M+1.4%	$676.3M-19.7%	$842.3M+52.4%	$552.6M
Long-Term Debt	$5.4M-22.9%	$7.0M-31.9%	$10.3M+86.1%	$5.5M-34.8%	$8.5M-16.9%	$10.2M
Total Equity	$1.7B+9.4%	$1.5B+88.8%	$803.9M-6.8%	$862.4M+11.5%	$773.6M-3.9%	$805.3M
Retained Earnings	$964.6M+34.3%	$718.5M+63.8%	$438.8M+118.1%	$201.2M+515.5%	$32.7M-78.2%	$150.2M

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Total Assets	$4.4B+6.4%	$4.2B+18.1%	$3.5B-7.7%	$3.8B+5.9%	$3.6B+6.3%	$3.4B-12.3%	$3.9B+1.0%	$3.8B
Current Assets	$985.0M+28.7%	$765.5M+2.1%	$749.9M+15.8%	$647.5M+3.4%	$626.3M+20.4%	$520.0M+2.4%	$507.6M-4.7%	$532.7M
Cash & Equivalents	$592.8M+34.8%	$439.8M+18.9%	$369.8M-4.0%	$385.3M+2.5%	$375.8M+33.7%	$281.0M-25.2%	$375.8M+53.5%	$244.9M
Inventory	$14.7M+29.1%	$11.4M-29.3%	$16.1M+2.4%	$15.8M+36.8%	$11.5M	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$3.1B-0.6%	$3.2B+25.2%	$2.5B-14.8%	$3.0B+7.9%	$2.7B+4.8%	$2.6B+5107.0%	$50.2M-98.3%	$2.9B
Total Liabilities	$2.8B+4.7%	$2.7B-2.7%	$2.7B-7.9%	$3.0B+4.4%	$2.8B+9.5%	$2.6B-3.1%	$2.7B+2.3%	$2.6B
Current Liabilities	$728.5M+20.7%	$603.7M-12.0%	$685.9M+1.4%	$676.3M-19.7%	$842.3M+52.4%	$552.6M-1.7%	$562.3M+24.8%	$450.6M
Long-Term Debt	$5.4M-22.9%	$7.0M-31.9%	$10.3M+86.1%	$5.5M-34.8%	$8.5M-16.9%	$10.2M+76.5%	$5.8M-99.5%	$1.1B
Total Equity	$1.7B+9.4%	$1.5B+88.8%	$803.9M-6.8%	$862.4M+11.5%	$773.6M-3.9%	$805.3M-32.8%	$1.2B-2.0%	$1.2B
Retained Earnings	$964.6M+34.3%	$718.5M+63.8%	$438.8M+118.1%	$201.2M+515.5%	$32.7M-78.2%	$150.2M-62.8%	$403.3M+2.3%	$394.2M

CAAP Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$465.2M+14.8%	$405.3M+13.7%	$356.4M+17.8%	$302.6M+180.3%	$108.0M+12782.8%	$838K
Capital Expenditures	$16.7M+36.7%	$12.2M+26.5%	$9.7M+6.3%	$9.1M+18.6%	$7.7M-14.4%	$9.0M
Free Cash Flow	$448.5M+14.1%	$393.1M+13.4%	$346.8M+18.1%	$293.5M+192.7%	$100.3M+1336.2%	-$8.1M
Investing Cash Flow	-$71.9M-121.3%	-$32.5M+51.1%	-$66.4M-807.5%	$9.4M-2.5%	$9.6M+459.0%	$1.7M
Financing Cash Flow	-$234.7M+13.5%	-$271.2M-34.5%	-$201.6M+13.9%	-$234.3M-6285.6%	-$3.7M-104.1%	$90.5M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	$6.1M

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

CAAP Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	13.1%-3.6pp	16.7%+0.5pp	16.2%+4.2pp	12.0%+37.6pp	-25.6%+34.0pp	-59.6%
Return on Equity	15.5%-4.8pp	20.3%-7.9pp	28.2%+9.0pp	19.2%+42.6pp	-23.4%+21.6pp	-44.9%
Return on Assets	5.8%-1.6pp	7.4%+1.0pp	6.4%+2.1pp	4.3%+9.3pp	-5.0%+5.6pp	-10.6%
Current Ratio	1.35+0.1	1.27+0.2	1.09+0.1	0.96+0.2	0.74-0.2	0.94
Debt-to-Equity	0.000.0	0.000.0	0.010.0	0.010.0	0.010.0	0.01
FCF Margin	22.9%+1.5pp	21.3%-3.4pp	24.8%+3.5pp	21.3%+7.1pp	14.2%+15.5pp	-1.3%

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	1.35+0.1	1.27+0.2	1.09+0.1	0.96+0.2	0.74-0.2	0.94+0.0	0.90-0.3	1.18
Debt-to-Equity	0.000.0	0.000.0	0.010.0	0.010.0	0.010.0	0.010.0	0.00-0.9	0.92
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Corporacion Am's annual revenue?

Corporacion Am (CAAP) reported $2.0B in total revenue for fiscal year 2025. This represents a 6.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Corporacion Am's revenue growing?

Corporacion Am (CAAP) revenue grew by 6.4% year-over-year, from $1.8B to $2.0B in fiscal year 2025.

Is Corporacion Am profitable?

Yes, Corporacion Am (CAAP) reported a net income of $257.7M in fiscal year 2025, with a net profit margin of 13.1%.

How much debt does Corporacion Am have?

As of fiscal year 2025, Corporacion Am (CAAP) had $592.8M in cash and equivalents against $5.4M in long-term debt.

What is Corporacion Am's net profit margin?

Corporacion Am (CAAP) had a net profit margin of 13.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Corporacion Am's return on equity (ROE)?

Corporacion Am (CAAP) has a return on equity of 15.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Corporacion Am's free cash flow?

Corporacion Am (CAAP) generated $448.5M in free cash flow during fiscal year 2025. This represents a 14.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Corporacion Am's operating cash flow?

Corporacion Am (CAAP) generated $465.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Corporacion Am's total assets?

Corporacion Am (CAAP) had $4.4B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Corporacion Am's capital expenditures?

Corporacion Am (CAAP) invested $16.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Corporacion Am have outstanding?

Corporacion Am (CAAP) had 165M shares outstanding as of fiscal year 2025.

What is Corporacion Am's current ratio?

Corporacion Am (CAAP) had a current ratio of 1.35 as of fiscal year 2025, which is considered adequate.

What is Corporacion Am's debt-to-equity ratio?

Corporacion Am (CAAP) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Corporacion Am's return on assets (ROA)?

Corporacion Am (CAAP) had a return on assets of 5.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Corporacion Am's Piotroski F-Score?

Corporacion Am (CAAP) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Corporacion Am's earnings high quality?

Corporacion Am (CAAP) has an earnings quality ratio of 1.81x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Corporacion Am?

Corporacion Am (CAAP) scores 54 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.