Flughafen Zürich AG/€FHZN
1D1W1MYTD1Y5YMAX
Capital at risk
About Flughafen Zürich AG
Flughafen Zürich AG operates Zurich Airport, a major international aviation hub located in Switzerland. The company manages various aspects of airport operations, including passenger services, retail and dining outlets, cargo services, as well as real estate management related to airport infrastructure. Key segments of its business include ground handling, airport retail operations, and facility management services. Established in 1948, Zurich Airport has grown to become one of the busiest airports in Europe. Strategically positioned in the heart of Europe, it connects numerous international and domestic destinations. The company's competitive strength lies in its comprehensive infrastructure management and strong logistical connections.
- Ticker
- €FHZN
- Sector
- Mobility
- Primary listing
- XGAT
- Employees
- 2,322
- Headquarters
- Zurich, Switzerland
- Website
- www.flughafen-zuerich.ch
FHZN Metrics
BasicAdvanced
€6.5B
17.61
€12.02
0.55
€9.25
4.37%
Price and volume
Market cap
€6.5B
Beta
0.55
52-week high
€291.00
52-week low
€210.80
Average daily volume
52K
Dividend rate
€9.25
Financial strength
Current ratio
1.521
Quick ratio
1.392
Long term debt to equity
0.58
Total debt to equity
0.59
Dividend payout ratio (TTM)
62.48%
Interest coverage (TTM)
17.00%
Profitability
EBITDA (TTM)
821.274
Gross margin (TTM)
65.11%
Net profit margin (TTM)
25.03%
Operating margin (TTM)
33.65%
Effective tax rate (TTM)
20.49%
Revenue per employee (TTM)
€634,840
Management effectiveness
Return on assets (TTM)
5.37%
Return on equity (TTM)
11.66%
Valuation
Price to earnings (TTM)
17.613
Price to revenue (TTM)
4.406
Price to book
2.02
Price to tangible book (TTM)
2.33
Price to free cash flow (TTM)
41.7
Free cash flow yield (TTM)
2.40%
Free cash flow per share (TTM)
5.077
Dividend yield (TTM)
4.37%
Forward dividend yield
4.37%
Growth
Revenue change (TTM)
4.35%
Earnings per share change (TTM)
3.74%
3-year revenue growth (CAGR)
6.88%
10-year revenue growth (CAGR)
3.37%
3-year earnings per share growth (CAGR)
6.38%
10-year earnings per share growth (CAGR)
3.68%
3-year dividend per share growth (CAGR)
52.43%
10-year dividend per share growth (CAGR)
10.98%
Bulls say / Bears say
Zurich Airport delivered record H1 2026 results, with revenue up 5% to CHF 674 million, EBITDA rising 4% to CHF 374 million, and net profit edging 1% higher to CHF 164 million—the strongest half-year performance in company history. (Reuters)
Passenger traffic in Zurich grew 6% to 15.8 million in H1 2026, driven by robust local demand and transfer volumes despite Middle East headwinds. (Reuters)
Flughafen Zürich AG was upgraded to an AA- rating by Fitch in February 2026 after securing defined airport charges and demonstrating disciplined financial policy, with FFO/debt expected above 35%, improving its funding cost profile. (Flughafen Zürich IR)
Passenger traffic in June 2026 slipped 0.3% year-on-year to 2.92 million, with local volumes down 3.9%, indicating demand plateau and potential volatility. (Reuters)
Rising depreciation and amortisation costs in H1 2026 increased by 4% and finance expenses rose due to Noida Airport financing, compressing net profit margin despite revenue gains. (Reuters)
Management’s 2025 outlook forecast flat core EBITDA and increased capital spending of CHF 300–350 million at Zurich and CHF 300 million abroad, above consensus, while Noida project delays pushed ramp-up to Q2 end, dampening near-term cash flow. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 28 Aug 2026.
Upcoming events
No upcoming events
Funds containing FHZN
AllEURGBPUSD
Fund name | Fund size | €FHZN weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.30% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.30% |
Vanguard FTSE Developed Europe ex UK€VERX | €3.4B | 0.05% |
Vanguard FTSE Developed Europe ex UK£VERX | £2.9B | 0.05% |
Amundi STOXX Europe 600 ESG€C6E | €735M | 0.05% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.