Flughafen Zuerich AG (XSWX:FHZN) ROE %: 12.15% (As of Dec. 2025) — Near Median


XSWX:FHZN Flughafen Zuerich AG XSWX:FHZN
86 GF Score
Price CHF253.80
GF Value CHF226.89
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Flughafen Zuerich AG ROE %?

Flughafen Zuerich AG XSWX:FHZN +0.08% 86 ROE % is 12.15% as of Dec. 2025, which is 9% above its 10-year median of 11.10. GuruFocus rates XSWX:FHZN with a GF Score™ of 86/100 and a GF Value™ of CHF226.89 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 983 Transportation companies, Flughafen Zuerich AG ranks better than 66.73% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Flughafen Zuerich AG's annualized net income for the quarter that ended in Dec. 2025 was CHF370 Mil. Flughafen Zuerich AG's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was CHF3,048 Mil. Therefore, Flughafen Zuerich AG's annualized ROE % for the quarter that ended in Dec. 2025 was 12.15%.

The historical rank and industry rank for Flughafen Zuerich AG's ROE % or its related term are showing as below:

XSWX:FHZN' s ROE % Range Over the Past 10 Years
Min: -2.88   Med: 11.1   Max: 12.66
Current: 11.47

During the past 13 years, Flughafen Zuerich AG's highest ROE % was 12.66%. The lowest was -2.88%. And the median was 11.10%.

XSWX:FHZN's ROE % is ranked better than
66.73% of 983 companies
in the Transportation industry
Industry Median: 7.6 vs XSWX:FHZN: 11.47

Flughafen Zuerich AG  (XSWX:FHZN) 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
=370.4/3047.55
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(370.4 / 1441)*(1441 / 5444.7)*(5444.7 / 3047.55)
=Net Margin %*Asset Turnover*Equity Multiplier
=25.7 %*0.2647*1.7866
=ROA %*Equity Multiplier
=6.8 %*1.7866
=12.15 %

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
=370.4/3047.55
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (370.4 / 465.2) * (465.2 / 483.8) * (483.8 / 1441) * (1441 / 5444.7) * (5444.7 / 3047.55)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7962 * 0.9616 * 33.57 % * 0.2647 * 1.7866
=12.15 %

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.


Flughafen Zuerich AG ROE % Related Terms


Flughafen Zuerich AG ROE % Historical Data

* Premium members only.

The historical data trend for Flughafen Zuerich AG'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.

Flughafen Zuerich AG ROE % Chart

Flughafen Zuerich AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.43 8.13 11.10 11.32 11.33

Flughafen Zuerich AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.06 10.77 12.06 10.91 12.15

XSWX:FHZN vs JOBY, CAAP: ROE % Comparison

For the Airports & Air Services subindustry, Flughafen Zuerich AG'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.


Flughafen Zuerich AG ROE % vs Transportation Industry

For the Transportation industry and Industrials sector, Flughafen Zuerich AG's ROE % distribution charts can be found below:

* The bar in red indicates where Flughafen Zuerich AG's ROE % falls into.


XSWX:FHZN
86GF Score
Flughafen Zuerich AG XSWX:FHZN
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Flughafen Zuerich AG ROE % Calculation

Flughafen Zuerich AG'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 )
=346.5/( (2966.3+3148.9)/ 2 )
=346.5/3057.6
=11.33 %

Flughafen Zuerich AG'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 )
=370.4/( (2946.2+3148.9)/ 2 )
=370.4/3047.55
=12.15 %

* 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 12.15% mean?
Flughafen Zuerich AG (XSWX:FHZN) has a ROE % of 12.15% 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 Flughafen Zuerich AG and its competitors. This is near median its historical median of 11.10. According to the industry distribution chart, Flughafen Zuerich AG ranks #327 out of 983 companies in the Transportation industry, placing it in the top 33.3%.
Is Flughafen Zuerich AG's ROE % too high?
Flughafen Zuerich AG's current ROE % of 12.15% is near median its 10-year median of 11.10. The Transportation industry median ROE % is 7.60. Flughafen Zuerich AG's value of 12.15% is 59.9% above this industry median. Based on the distribution chart, Flughafen Zuerich AG ranks #327 out of 983 companies in the Transportation industry, which is above the industry midpoint. Overall, Flughafen Zuerich AG has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flughafen Zuerich AG's ROE % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Flughafen Zuerich AG ranks #327 out of 983 companies for ROE %. This puts Flughafen Zuerich AG in the upper half of its industry. The industry median ROE % is 7.60. Flughafen Zuerich AG's value of 12.15% is 59.9% above this benchmark. While the company's 10-year median is 11.10 vs. the industry median of 7.60, Flughafen Zuerich AG 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 7.60, based on 983 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. Flughafen Zuerich AG's current ROE % of 12.15% is 59.9% 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 Flughafen Zuerich AG and its competitors. For the Transportation industry, the median ROE % is 7.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flughafen Zuerich AG's current ROE % is 12.15%, which is near median its own 10-year median of 11.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flughafen Zuerich AG stock overvalued right now?
Based on GuruFocus' analysis, Flughafen Zuerich AG (XSWX:FHZN) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF226.89, compared to a current price of CHF253.80 — trading 11.9% above its estimated fair value. The current ROE % is 12.15%, which is near median its 10-year median of 11.10 and 59.9% above the Transportation industry median of 7.60. Flughafen Zuerich AG's overall GF Score™ is 86/100 with 4 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 Flughafen Zuerich AG (XSWX:FHZN), the current ROE % is 12.15% 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.

Is Flughafen Zuerich AG (XSWX:FHZN) Overvalued in 2026?

Based on GuruFocus' analysis, Flughafen Zuerich AG stock appears to be overvalued. The current stock price of CHF253.80 is trading 11.9% above its estimated GF Value™ of CHF226.89. GuruFocus considers Flughafen Zuerich AG to be Modestly Overvalued.

Key valuation signals for XSWX:FHZN:

  • ROE %: 12.15% (near median its 10-year median of 11.10)
  • GF Value™: CHF226.89 vs. price of CHF253.80 (11.9% above fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 59.9% above the Transportation median (#327 of 983)

No single metric tells the full story. See the XSWX:FHZN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Flughafen Zuerich AG Business Description

Address Zurich Airport Ltd, P.O. Box, Zurich, CHE, CH-8058
Flughafen Zurich owns and operates Zurich Airport, Switzerland's main international hub, as well as select overseas airport concessions, including Noida International Airport in the Delhi Metropolitan Area. Zurich Airport operates under a hybrid-till regime, whereby 30% of the economic added value from commercial activities must be used as a transfer payment to subsidize the costs of the regulated business. The Swiss business is split into regulated aviation activities (airport charges, security, and passenger-related fees) and nonregulated commercial activities (retail, F&B, parking advertising, rental agreements, and energy services). In 2024, nonregulated businesses contributed 55% of the group's operating profit, despite generating only 40% of the group's total sales.
86GF Score

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

CHF253.80
Price
CHF226.89
GF Value