Further Information
Ten-Year Overview
| Consolidated income statement1) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| € million | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
| Revenues | 4,427.0 | 4,000.5 | 3,194.4 | 2,143.3 | 1,677.0 | 3,705.8 | 3,478.3 | 2,934.8 | 2,586.2 | 2,598.9 |
| Change in work-in-process | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.3 | 0.4 | 0.4 | 0.5 |
| Other internal work capitalized | 62.3 | 50.5 | 39.9 | 38.0 | 37.9 | 37.9 | 35.9 | 36.3 | 34.9 | 29.9 |
| Other operating income | 86.6 | 59.0 | 139.3 | 354.6 | 81.8 | 40.9 | 88.2 | 38.9 | 332.9 | 49.8 |
| Total revenue | 4,575.9 | 4,110.0 | 3,373.6 | 2,535.9 | 1,796.7 | 3,785.0 | 3,602.7 | 3,010.4 | 2,954.4 | 2,679.1 |
| Cost of materials | –1,851.5 | –1,637.3 | –1,101.6 | –750.7 | –688.6 | –1,197.4 | –1,089.1 | –720.4 | –621.9 | –610.4 |
| Personnel expenses | –1,202.4 | –1,076.0 | –1,036.7 | –884.3 | –1,212.1 | –1,222.8 | –1,182.3 | –1,092.9 | –1,066.7 | –1,026.7 |
| Other operating expenses | –220.2 | –192.7 | –205.5 | –143.9 | –146.6 | –184.5 | –202.3 | –193.9 | –211.7 | –193.2 |
| EBITDA | 1,301.8 | 1,204.0 | 1,029.8 | 757.0 | -250.6 | 1,180.3 | 1,129.0 | 1,003.2 | 1,054.1 | 848.8 |
| Depreciation and amortization | –532.3 | –501.2 | –465.3 | –443.3 | –457.5 | –475.3 | –398.5 | –360.2 | –360.4 | –328.3 |
| Operating result/EBIT | 769.5 | 702.8 | 564.5 | 313.7 | –708.1 | 705.0 | 730.5 | 643.0 | 693.7 | 520.5 |
| Interest result | –204.8 | –217.0 | –260.5 | –224.9 | –165.8 | –165.0 | –168.4 | –157.5 | –106.9 | –125.6 |
| Result from companies accounted for using the equity method |
74.0 | 84.5 | 77.0 | 18.8 | –55.0 | 46.1 | 98.8 | 30.9 | –4.6 | 37.6 |
| Other financial result | 43.0 | –16.4 | –147.1 | 8.8 | –4.3 | 3.9 | 9.5 | –10.3 | –0.8 | 1.3 |
| Financial result | –87.8 | –148.9 | –330.6 | –197.3 | –225.1 | –115.0 | –60.1 | –136.9 | –112.3 | –86.7 |
| Result from ordinary operations/EBT | 681.7 | 553.9 | 233.9 | 116.4 | –933.2 | 590.0 | 670.4 | 506.1 | 581.4 | 433.8 |
| Taxes on income | –179.8 | –123.4 | –67.3 | –24.6 | 242.8 | –135.7 | –164.7 | –146.4 | –181.1 | –136.8 |
| Group result | 501.9 | 430.5 | 166.6 | 91.8 | –690.4 | 454.3 | 505.7 | 359.7 | 400.3 | 297.0 |
| thereof profit attributable to non-controlling interests |
51.3 | 37.3 | 34.2 | 9.0 | –32.8 | 33.6 | 31.8 | 29.5 | 24.9 | 20.5 |
| thereof profit attributable to shareholders of Fraport AG |
450.6 | 393.2 | 132.4 | 82.8 | –657.6 | 420.7 | 473.9 | 330.2 | 375.4 | 276.5 |
| Earnings per €10 share in € (basic) | 4.88 | 4.26 | 1.43 | 0.90 | –7.12 | 4.55 | 5.13 | 3.57 | 4.07 | 3.00 |
| Earnings per €10 share in € (diluted) | 4.88 | 4.26 | 1.43 | 0.89 | –7.09 | 4.54 | 5.11 | 3.56 | 4.06 | 2.99 |
| 1) Due to new accounting policies, and shifts in Group definitions, figures reported in previous years may differ. No retroactive adjustment of the previous year's figures was carried out. | ||||||||||
| Key figures | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Key figures | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
| Operating cash flow in € million | 1,179.1 | 863.2 | 787.3 | 392.6 | –236.2 | 952.3 | 802.3 | 818.7 | 583.2 | 652.2 |
| Free cash flow in € million | –674.7 | –656.4 | –741.0 | –772.3 | –1,400.0 | –373.5 | 6.8 | 393.1 | 301.7 | 393.6 |
| EBITDA margin in % | 29.4 | 30.1 | 32.2 | 35.3 | –14.9 | 31.9 | 32.5 | 34.2 | 40.8 | 32.7 |
| EBIT margin in % | 17.4 | 17.6 | 17.7 | 14.6 | –42.2 | 19.0 | 21.0 | 21.9 | 26.8 | 20.0 |
| Return on revenue in % | 15.4 | 13.8 | 7.3 | 5.4 | –55.6 | 15.9 | 19.3 | 17.2 | 22.5 | 16.7 |
| Fraport assets in € million | 13,988.8 | 12,477.7 | 11,383.8 | 10,208.6 | 9,249.3 | 8,952.4 | 7,688.8 | 6,965.8 | 6,069.2 | 6,071.0 |
| ROFRA in % | 6.3 | 6.6 | 6.0 | 3.4 | –8.3 | 8.8 | 11.1 | 10.0 | 11.4 | 9.4 |
| Year-end closing price of the Fraport share in € | 58.50 | 54.76 | 38.05 | 59.18 | 49.36 | 75.78 | 62.46 | 91.86 | 56.17 | 58.94 |
| Dividend per share in € | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | 1.50 | 1.50 | 1.35 |
| Passenger numbers Frankfurt | 61,561,247 | 59,355,389 | 48,918,482 | 24,812,849 | 18,768,601 | 70,556,072 | 69,510,269 | 64,500,386 | 60,786,937 | 61,032,022 |
| Average number of employees | 19,001 | 17,840 | 18,850 | 18,419 | 21,164 | 22,514 | 21,961 | 20,673 | 20,322 | 20,720 |
| 1) Due to new accounting policies, and shifts in Group definitions, figures reported in previous years may differ. No retroactive adjustment of the previous year's figures was carried out. | ||||||||||
| Financial position key figures |
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 |
| Profit earmarked for distribution in € million | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 184.9 | 184.9 | 138.7 | 138.7 | 124.7 |
| Net financial debt in € million | 8,388.5 | 7,712.6 | 7,058.7 | 6,369.7 | 5,533.5 | 4,147.0 | 3,545.4 | 3,512.4 | 2,355.9 | 2,774.3 |
| Capital employed in € million | 13,217.1 | 12,031.3 | 10,968.1 | 10,122.8 | 9,152.3 | 8,590.1 | 7,540.8 | 7,241.8 | 5,957.5 | 6,086.9 |
| Net debt/EBITDA | 6.4 | 6.4 | 6.9 | 8.4 | –22.1 | 3.5 | 3.1 | 3.5 | 2.2 | 3.3 |
| Gearing ratio in % | 173.3 | 178.6 | 180.6 | 169.7 | 152.9 | 93.3 | 88.7 | 94.2 | 65.4 | 83.8 |
| Debt-to-equity ratio in % | 41.4 | 40.8 | 40.1 | 39.2 | 39.3 | 32.8 | 31.0 | 32.4 | 26.6 | 31.4 |
| Dynamic debt ratio in % | 711.4 | 893.5 | 896.6 | 1622.4 | -2342.7 | 435.5 | 441.9 | 444.2 | 404.0 | 425.4 |
| Working capital in € million | 3,071.1 | 3,035.2 | 2,432.6 | 2,608.3 | 1,675.6 | 558.4 | 717.9 | 575.1 | 840.9 | 606.0 |
| Group Liquidity in € million | 3,936.6 | 4,041.3 | 3,866.9 | 3,564.3 | 2,213.7 | 1,156.3 | 1,163.2 | 1,018.6 | 1,247.5 | 1,043.1 |
| Consolidated statement of financial position1) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| € million | Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 |
| Goodwill | 19.3 | 19.3 | 19.3 | 19.3 | 19.3 | 19.3 | 19.3 | 19.3 | 19.3 | 41.7 |
| Investments in airport operating projects | 4,547.5 | 4,146.8 | 3,769.1 | 3,416.4 | 3,221.2 | 3,284.1 | 2,844.3 | 2,621.1 | 516.1 | 500.9 |
| Other intangible assets | 98.6 | 97.0 | 95.9 | 105.8 | 119.1 | 131.1 | 134.5 | 132.4 | 146.7 | 161.2 |
| Property, plant, and equipment | 9,850.3 | 8,951.5 | 8,371.8 | 7,898.4 | 7,330.3 | 6,837.9 | 6,081.7 | 5,921.5 | 5,954.2 | 6,045.4 |
| Investment property | 82.6 | 69.5 | 69.1 | 88.6 | 123.3 | 93.3 | 88.8 | 96.4 | 79.6 | 74.5 |
| Investments in companies accounted for using the equity method |
556.8 | 518.0 | 491.4 | 71.3 | 165.5 | 242.2 | 260.0 | 268.1 | 209.7 | 237.6 |
| Other financial assets | 834.3 | 953.1 | 1173.4 | 932.3 | 350.3 | 503.0 | 426.1 | 488.6 | 561.7 | 659.2 |
| Other financial receivables and assets | 107.9 | 100.2 | 87.2 | 276.6 | 233.2 | 193.7 | 195.0 | 190.9 | 173.3 | 167.0 |
| Other non-financial receivables and assets | 85.5 | 95.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 5.4 |
| Deferred tax assets | 93.0 | 102.3 | 159.5 | 182.6 | 175.8 | 78.6 | 56.7 | 41.0 | 36.9 | 33.4 |
| Non-current assets | 16,275.8 | 15,053.1 | 14,236.7 | 12,991.3 | 11,971.2 | 11,576.9 | 10,106.4 | 9,779.3 | 7,697.7 | 7,926.3 |
| Inventories | 24.8 | 28.0 | 25.5 | 20.3 | 22.3 | 23.6 | 28.9 | 29.3 | 37.9 | 42.8 |
| Trade accounts receivable | 288.6 | 271.5 | 177.1 | 152.3 | 125.4 | 203.1 | 177.9 | 143.5 | 129.6 | 154.0 |
| Other receivables and financial assets | 983.7 | 1085.2 | 409.0 | 272.7 | 321.0 | 203.3 | 304.3 | 245.5 | 259.7 | 310.8 |
| Income tax receivables | 33.7 | 42.5 | 33.3 | 20.9 | 10.1 | 25.2 | 13.1 | 5.4 | 11.9 | 7.4 |
| Cash and cash equivalents | 2,646.2 | 2,410.5 | 2,585.2 | 2662.8 | 1864.4 | 788.9 | 801.3 | 629.4 | 736.0 | 406.0 |
| Current assets | 3,977.0 | 3,837.7 | 3,230.1 | 3,129.0 | 2,664.2 | 1,447.4 | 1,325.5 | 1,053.1 | 1,175.1 | 921.0 |
| Non-current assets held for sale | 0.0 | 0.1 | 11.4 | 119.7 | 0.0 | 0.0 | 17.2 | 0.0 | 0.0 | 0.0 |
| Issued capital | 923.9 | 923.9 | 923.9 | 923.9 | 923.9 | 923.9 | 923.9 | 923.9 | 923.6 | 923.1 |
| Capital reserve | 598.5 | 598.5 | 598.5 | 598.5 | 598.5 | 598.5 | 598.5 | 598.5 | 596.3 | 594.3 |
| Revenue reserves | 3,306.2 | 2,796.3 | 2,387.0 | 2,230.7 | 2,096.4 | 2,920.7 | 2,657.9 | 2,345.7 | 2,220.4 | 1,919.9 |
| Equity attributable to shareholders of Fraport AG | 4,828.6 | 4,318.7 | 3,909.4 | 3,753.1 | 3,675.8 | 4,443.1 | 4,180.3 | 3,868.1 | 3,740.3 | 3,437.3 |
| Non-controlling interests | 349.5 | 273.6 | 222.5 | 155.9 | 139.9 | 180.1 | 187.7 | 160.6 | 101.1 | 74.4 |
| Shareholders’ equity | 5,178.1 | 4,592.3 | 4,131.9 | 3,909.0 | 3,758.7 | 4,623.2 | 4,368.0 | 4,028.7 | 3,841.4 | 3,511.7 |
| Financial liabilities | 10,996.8 | 10,232.5 | 9,716.0 | 9,306.4 | 6,936.5 | 4,746.8 | 4,100.3 | 3,955.6 | 3,236.9 | 3,273.8 |
| Trade accounts payable | 81.3 | 78.6 | 62.3 | 71.8 | 42.6 | 41.4 | 45.5 | 42.4 | 41.8 | 42.5 |
| Other liabilities | 1,142.9 | 1,153.1 | 1,168.0 | 1,193.4 | 1,147.7 | 1,279.4 | 1,016.7 | 1,090.1 | 408.0 | 447.7 |
| Deferred tax liabilities | 164.1 | 52.1 | 41.3 | 37.7 | 39.7 | 212.7 | 228.3 | 203.8 | 173.6 | 172.2 |
| Provisions for pensions and similar obligations | 36.5 | 35.8 | 31.7 | 41.7 | 46.7 | 40.2 | 31.7 | 34.2 | 33.2 | 30.7 |
| Provisions for income taxes | 63.2 | 47.3 | 77.0 | 83.7 | 51.0 | 69.7 | 74.2 | 70.3 | 71.8 | 62.1 |
| Other provisions | 113.3 | 118.9 | 136.3 | 160.7 | 196.5 | 158.7 | 160.2 | 147.2 | 147.2 | 201.6 |
| Non-current liabilities | 12,598.1 | 11,718.3 | 11,232.6 | 10,895.4 | 9,631.7 | 7,828.3 | 5,656.9 | 5,543.6 | 4,112.5 | 4,230.6 |
| Financial liabilities | 1,328.3 | 1521.4 | 1209.6 | 627.6 | 810.7 | 556.5 | 608.3 | 575.4 | 366.5 | 543.6 |
| Trade accounts payable | 488.5 | 430.8 | 444.4 | 298.8 | 294.6 | 297.3 | 286.5 | 185.9 | 146.7 | 143.1 |
| Other liabilities | 417.4 | 371.7 | 353.1 | 282.2 | 330.4 | 347.0 | 275.6 | 249.7 | 145.7 | 129.4 |
| Provisions for income taxes | 46.3 | 73.3 | 24.7 | 29.4 | 43.1 | 59.7 | 43.9 | 33.1 | 42.9 | 56.0 |
| Other provisions | 196.1 | 183.1 | 199.2 | 189.5 | 383.0 | 194.7 | 201.1 | 216.0 | 217.1 | 232.9 |
| Current liabilities | 2,476.6 | 2,580.3 | 2,231.0 | 1,427.5 | 2,192.2 | 1,802.2 | 1,415.4 | 1,260.1 | 918.9 | 1,105.0 |
| Liabilities in the context of non-current assets held for sale |
0.0 | 0.0 | 12.1 | 8.1 | 0.0 | 0.0 | 8.8 | 0.0 | 0.0 | 0.0 |
| Total assets | 20,252.8 | 18,890.9 | 17,607.6 | 16,240.0 | 15,582.6 | 14,253.7 | 11,440.3 | 10,832.4 | 8,872.8 | 8,847.3 |
| 1) Due to new accounting policies, and shifts in Group definitions, figures reported in previous years may differ. No retroactive adjustment of the previous year's figures was carried out. | ||||||||||
| Change over the previous year | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| In % | Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 |
| Non-current assets | +8.1 | +5.7 | +9.6 | +8.5 | +3.4 | +14.6 | +3.3 | +27.0 | –2.9 | –1.9 |
| Shareholders’ equity (less non-controlling interests and profit earmarked for distribution) | +11.8 | +10.5 | +4.2 | +3.7 | –18.6 | +11.2 | +7.1 | +3.5 | +8.7 | +7.0 |
| Share of total assets in % | ||||||||||
| Non-current assets | 80.4 | 79.7 | 80.9 | 80.0 | 76.8 | 81.2 | 88.3 | 90.3 | 86.8 | 89.6 |
| Shareholders’ equity ratio | 23.8 | 22.9 | 22.2 | 23.1 | 25.7 | 35.2 | 34.9 | 34.4 | 40.6 | 37.4 |