Aena achieved a record net profit of €2.136,7 million in 2025, a 10.5% increase from 2024, marking its third consecutive year of peak earnings. The airport operator’s network handled 384.8 million passengers, up 4.2% year-over-year, with 321.6 million at Spanish airports, a 3.9% rise.
Total revenues reached €6.379,2 million, advancing 9.5%, driven by aeronautical income of €3.346,8 million (+4.9%) and commercial revenues of €1.975 million (+11%). EBITDA climbed 7.8% to €3.785 million, yielding a 59.3% margin, while EBIT surged 12.2% to €2.988,1 million.
Aena will propose an 11.7% higher dividend of €1.09 gross per share at its April 16 shareholders’ meeting, payable April 27, representing an 80% payout ratio. Net financial debt remained stable at €5.509 million, improving the debt-to-EBITDA ratio to 1.46 times from 1.57.
This performance underscores robust demand in aviation, bolstering Aena’s international expansion across 46 Spanish airports, two helipads, and 18 overseas sites including 17 in Brazil and London Luton. The company forecasts 1.3% traffic growth in Spain for 2026.