Athens International Airport (ATH:AIA) ROE %: 36.59% (As of Dec. 2025) — 82% Above Median


ATH:AIA Athens International Airport SA ATH:AIA
32 GF Score
Price €10.73
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What is Athens International Airport ROE %?

Athens International Airport ATH:AIA +1.51% 32 ROE % is 36.59% as of Dec. 2025, which is 82% above its 10-year median of 20.11. GuruFocus rates ATH:AIA with a GF Score™ of 32/100. The stock has 6 warning signs investors should review. Among 991 Transportation companies, Athens International Airport ranks better than 93.54% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Athens International Airport's annualized net income for the quarter that ended in Dec. 2025 was €230.2 Mil. Athens International Airport's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €629.2 Mil. Therefore, Athens International Airport's annualized ROE % for the quarter that ended in Dec. 2025 was 36.59%.

The historical rank and industry rank for Athens International Airport's ROE % or its related term are showing as below:

ATH:AIA' s ROE % Range Over the Past 10 Years
Min: -4.94   Med: 20.11   Max: 42.47
Current: 33.09

During the past 7 years, Athens International Airport's highest ROE % was 42.47%. The lowest was -4.94%. And the median was 20.11%.

ATH:AIA's ROE % is ranked better than
93.54% of 991 companies
in the Transportation industry
Industry Median: 7.62 vs ATH:AIA: 33.09

Athens International Airport  (ATH:AIA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=230.206/629.2205
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(230.206 / 779.718)*(779.718 / 2043.601)*(2043.601 / 629.2205)
=Net Margin %*Asset Turnover*Equity Multiplier
=29.52 %*0.3815*3.2478
=ROA %*Equity Multiplier
=11.26 %*3.2478
=36.59 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=230.206/629.2205
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (230.206 / 295.238) * (295.238 / 353.016) * (353.016 / 779.718) * (779.718 / 2043.601) * (2043.601 / 629.2205)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7797 * 0.8363 * 45.27 % * 0.3815 * 3.2478
=36.59 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Athens International Airport ROE % Related Terms


Athens International Airport ROE % Historical Data

* Premium members only.

The historical data trend for Athens International Airport's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Athens International Airport ROE % Chart

Athens International Airport Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 17.45 17.16 31.75 42.47 31.62

Athens International Airport Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.05 39.67 50.08 31.02 36.59

ATH:AIA vs JOBY: ROE % Comparison

For the Airports & Air Services subindustry, Athens International Airport's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Athens International Airport ROE % vs Transportation Industry

For the Transportation industry and Industrials sector, Athens International Airport's ROE % distribution charts can be found below:

* The bar in red indicates where Athens International Airport's ROE % falls into.


ATH:AIA
32GF Score
Athens International Airport SA ATH:AIA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Athens International Airport ROE % Calculation

Athens International Airport's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=207.255/( (620.526+690.535)/ 2 )
=207.255/655.5305
=31.62 %

Athens International Airport's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=230.206/( (567.906+690.535)/ 2 )
=230.206/629.2205
=36.59 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 36.59% mean?
Athens International Airport (ATH:AIA) has a ROE % of 36.59% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Athens International Airport and its competitors. This is 82% above median its historical median of 20.11. According to the industry distribution chart, Athens International Airport ranks #64 out of 991 companies in the Transportation industry, placing it in the top 6.5%.
Is Athens International Airport's ROE % too high?
Athens International Airport's current ROE % of 36.59% is 82% above median its 10-year median of 20.11. The Transportation industry median ROE % is 7.62. Athens International Airport's value of 36.59% is 380.2% above this industry median. Based on the distribution chart, Athens International Airport ranks #64 out of 991 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Athens International Airport has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Athens International Airport's ROE % compare to JOBY?
According to the Transportation industry distribution chart, Athens International Airport ranks #64 out of 991 companies for ROE %. This places Athens International Airport in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 7.62. Athens International Airport's value of 36.59% is 380.2% above this benchmark. While the company's 10-year median is 20.11 vs. the industry median of 7.62, Athens International Airport has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Transportation company?
The median ROE % among Transportation companies is 7.62, based on 991 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Athens International Airport's current ROE % of 36.59% is 380.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Athens International Airport and its competitors. For the Transportation industry, the median ROE % is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Athens International Airport's current ROE % is 36.59%, which is 82% above median its own 10-year median of 20.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Athens International Airport stock overvalued right now?
Athens International Airport (ATH:AIA) has a current ROE % of 36.59%. The current ROE % is 36.59%, which is 82% above median its 10-year median of 20.11 and 380.2% above the Transportation industry median of 7.62. Athens International Airport's overall GF Score™ is 32/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Athens International Airport (ATH:AIA), the current ROE % is 36.59% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Athens International Airport Business Description

Other Exchanges 9O1:Germany
Address Athens International Airport, El. Venizelos SA, SPATA, Attica, Athens, GRC, 19019
Athens International Airport SA is engaged in the design, financing, construction, completion, commissioning, maintenance, operation, management, and development of the Athens International Airport . The company's operating segments are: Air activities and Non-air activities. The maximum revenue is generated from its Air activities segment, which includes the provision at the Airport of any facilities like the landing, parking, or taking-off of aircraft; the servicing of aircraft; and the handling of passengers, among others. The Non-air activities segment represents revenues from non-air activities, mainly consisting of car parking, food and beverage, duty-free, retail shops, building/office rental, and other commercial services.
32GF Score

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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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