AUCKLAND INTERNATIONAL AIRPORT LIMITED (AIA)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

AIA

AIA - AUCKLAND INTERNATIONAL AIRPORT LIMITED

FNArena Sector : Infrastructure & Utilities
Year End: June
GICS Industry Group : Transportation
Debt/EBITDA: 3.71
Index: ASX200 | ASX300 | ALL-ORDS

Auckland International Airport Ltd was formed in 1988 when the NZ government privatised the airport. The company is listed on both the ASX and NZX.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$7.09

27 Aug
2026

-0.100

OPEN

$7.25

-1.39%

HIGH

$7.25

369,023

LOW

$7.08

OTHER COMPANIES IN THE SAME SECTOR
AGL . ALX . APA . CEN . DBI . DBI . GNE . GNP . LGI . MEZ . ORG . SRJ . TCL .
FNARENA'S MARKET CONSENSUS FORECASTS
AIA: 1
Title FY27
Forecast		 FY28
Forecast
EPS (cps) 15.9 xxx
DPS (cps) 11.6 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 44.5 xxx
Dividend Yield 1.6% xxx
Div Pay Ratio(%) 72.9% xxx
This company reports in NZD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 N/A

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 18/03 - (franking ex-div 5.52c)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx17.1
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx875.4 M
Book Value Per Share xxxxxxxxxxxxxxx523.9
Net Operating Cash Flow xxxxxxxxxxxxxxx390.0 M
Net Profit Margin xxxxxxxxxxxxxxx33.01 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx3.11 %
Return on Invested Capital xxxxxxxxxxxxxxx2.57 %
Return on Assets xxxxxxxxxxxxxxx2.30 %
Return on Equity xxxxxxxxxxxxxxx3.11 %
Return on Total Capital xxxxxxxxxxxxxxx3.48 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-509.5 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx328 M
Long Term Debt xxxxxxxxxxxxxxx1,946 M
Total Debt xxxxxxxxxxxxxxx2,273 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx45 M
Price To Book Value xxxxxxxxxxxxxxx1.31

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx780.2 M
Capex % of Sales xxxxxxxxxxxxxxx89.13 %
Cost of Goods Sold xxxxxxxxxxxxxxx445 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx27 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx3,182 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.3

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

-

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

21/08/2026

3

Neutral

-

-

In the wake of Auckland International Airport's FY26 result, Citi raises its target to NZ$9.00 from NZ$8.80. Neutral rating maintained.

The broker sees an attractive long-term recovery story, though near-term uncertainty and a demanding valuation temper upside.

First Take: Citi highlights a strong start to FY27 for Auckland International Airport, with July international passengers rising 5% year-on-year.

International growth was supported by US and Chinese passengers, while domestic traffic fell -2% and remains -13% below pre-Covid levels, the analysts explain.

The broker forecasts FY27 international passenger growth of around 3% and a -2% domestic decline, with new passenger and EPS guidance due at FY26 results.

Citi likes the medium-term earnings potential from Auckland Airport's -NZ$6bn-plus capex program but sees near-term risks from Air New Zealand ((AIZ)) capacity and weaker economic sentiment.

FORECAST
Citi forecasts a full year FY27 dividend of 12.12 cents and EPS of 15.94 cents.

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

-

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

24/08/2026

3

Neutral

-

-

Jarden maintains its Neutral recommendation for Auckland International Airport with its target price reduced to NZ8.29 from NZ8.32 following an FY26 underlying net profit after tax result of NZ$302.7m landing modestly below the midpoint of guidance.

Aeronautical revenue grew 6% on FY25 levels, primarily driven by pricing as volumes rose 1.6% to reach approximately 90% of pre-covid levels.

Rental revenue lifted 4% and carparking revenue increased 9%, whereas retail income declined -4% compared to the prior corresponding period.

Management issued FY27 net profit after tax guidance of NZ$290m to NZ$330m with the midpoint reflecting a -2% reduction over FY26 normalised earnings, reflecting flat total passenger volumes alongside higher depreciation and interest linked to asset commissioning.

The broker's estimates and soft guidance outline near-term headwinds that support the neutral stance.

FORECAST
Jarden forecasts a full year FY27 dividend of 15.26 cents and EPS of 19.08 cents.
Jarden forecasts a full year FY28 dividend of 16.96 cents and EPS of 21.20 cents.
Access Extra Coverage Research History >

AIA STOCK CHART

FNArena News on AIA

1
Australian Broker Call *Extra* Edition – Aug 24, 2026

Aug 24 2026 - Daily Market Reports
2
FNArena Corporate Results Monitor – 19-08-2026

Aug 19 2026 - Australia
3
Rudi’s View: That’s The Way Markets Crumble

Aug 06 2026 - Rudi's View
4
Rudi’s View: Final Preparations For August

Aug 05 2026 - Rudi's View
5
Rudi’s View: Pre-August Picks In Resources, Retail & Small Caps

Jul 23 2026 - Rudi's View

Latest Infrastructure & Utilities News

1
Dalrymple Bay’s Strong Yield Growth Outlook

Aug 27 2026 - Small Caps
2
Technical Support For Dalrymple Bay Shares

Jul 21 2026 - Technicals
3
APA Group; Australia’s Safest Yield Stock

Jun 23 2026 - Australia
4
Dalrymple Bay’s Utility Appeal

Apr 16 2026 - Small Caps
5
Platinum Add-On Bolsters IPD Group’s Outlook

Jan 21 2026 - Small Caps
6
$2.3bn Battery Subsidy Reshaping Australia’s Energy Stocks

Oct 16 2025 - ESG Focus
7
Unique, Predictable And Stable Dalrymple Bay

Oct 16 2025 - Australia
8
Infra-aaS: The New Frontier In ASX Infrastructure Investing

Oct 08 2025 - Australia
9
OpenAI: Tech Boom, Bubble & Disruption

Sep 18 2025 - International
10
Can Origin Energy Release The Kraken?

Sep 15 2025 - Australia