Flughafen Zürich AG/Fr. FHZN
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Flughafen Zürich AG
Flughafen Zürich AG operates as the primary airport operator for Zurich Airport, providing airport infrastructure and associated services. The company's core business spans the management of aeronautical services, including passenger and cargo handling, as well as non-aeronautical services like retail spaces, parking, and real estate development. Founded in 1950, Flughafen Zürich AG is headquartered in Kloten, Switzerland. It serves as a major transportation hub in Europe, with strategic positioning in air traffic management and infrastructure. The company also engages in international activities, extending its expertise to airport management globally.
- Ticker
- Fr. FHZN
- Sector
- Mobility
- Primary listing
- XSWX
- Employees
- 2,322
- Headquarters
- Zurich, Switzerland
- Website
- www.flughafen-zuerich.ch
FHZN Metrics
BasicAdvanced
CHF 6B
17.25
CHF 11.36
0.55
CHF 8.50
4.34%
Price and volume
Market cap
CHF 6B
Beta
0.55
52-week high
CHF 266.60
52-week low
CHF 186.40
Average daily volume
58K
Dividend rate
CHF 8.50
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)
776.2
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)
CHF 600,000
Management effectiveness
Return on assets (TTM)
5.37%
Return on equity (TTM)
11.66%
Valuation
Price to earnings (TTM)
17.254
Price to revenue (TTM)
4.316
Price to book
1.98
Price to tangible book (TTM)
2.28
Price to free cash flow (TTM)
40.849
Free cash flow yield (TTM)
2.45%
Free cash flow per share (TTM)
4.798
Dividend yield (TTM)
4.34%
Forward dividend yield
4.34%
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%
What the Analysts think about FHZN
Analyst ratings (Buy, Hold, Sell) for Flughafen Zürich AG stock.
Analyst projections of the future price of Flughafen Zürich AG stock.
Bulls say / Bears say
Zurich passenger demand remains firm: traffic rose 6% in the first half and 2.6% in September, and management expects more than 33 million passengers in 2026. More passengers support both airport charges and spending across the airport. (Zurich Airport, Zurich Airport)
Non-aviation income is proving resilient: first-half commercial and parking revenue rose 2%, property revenue rose 2%, and total non-aviation revenue increased 5%, despite construction restricting landside retail. (Zurich Airport)
International operations offer a further growth driver: Brazilian airports grew passenger volumes by more than 10% in the first half, while international airport revenue rose 11% excluding construction accounting. The company aims to grow group revenue to more than CHF3bn by 2040, mainly through international business. (Zurich Airport)
Profit growth is weakening despite record traffic: management expects 2026 EBITDA to be flat and group profit to fall. Zurich airport charges are about 10% lower from October, with the full-year impact expected to weigh on profitability in 2027. (Zurich Airport)
Noida is a material execution risk: geopolitical disruption is slowing its ramp-up, and management expects it to remain loss-making in 2026. The airport is also expected to add about CHF80m a year in depreciation and financing costs from 2027. (StockAnalysis, Zurich Airport)
Heavy investment and construction may constrain returns: the company plans about CHF500m of investment in 2026, while current works are restricting landside retail and Dock A construction is expected to close airside commercial space from 2029 to 2035. (Zurich Airport, MarketScreener)
Data summarised monthly by Lightyear AI. Last updated on 21 Oct 2026.
FHZN Financial Performance
Revenues and expenses
FHZN Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing FHZN
AllEURUSD
Fund name | Fund size | Fr. FHZN weighting |
|---|---|---|
iShares STOXX Europe 600 Industrial Goods & Services€EXH4 | €588M | 0.21% |
iShares Global Infrastructure€INFR | $2.5B | 0.14% |
iShares MSCI World Small Cap£WLDS | $9B | 0.04% |
iShares MSCI World Small Cap€IUSN | $9B | 0.04% |
iShares MSCI World Small Cap$WSML | $9B | 0.04% |
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.