Fraport AG (FRA) - Net Assets
Based on the latest financial reports, Fraport AG (FRA) has net assets worth €5.53 Billion EUR (≈ $6.46 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€20.44 Billion ≈ $23.89 Billion USD) and total liabilities (€14.91 Billion ≈ $17.43 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Fraport AG tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €5.53 Billion |
| % of Total Assets | 27.04% |
| Annual Growth Rate | 4.96% |
| 5-Year Change | 41.52% |
| 10-Year Change | 44.02% |
| Growth Volatility | 5.65 |
Fraport AG - Net Assets Trend (2002–2025)
This chart illustrates how Fraport AG's net assets have evolved over time, based on quarterly financial data. See Fraport AG (FRA) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Fraport AG (2002–2025)
The table below shows the annual net assets of Fraport AG from 2002 to 2025. For live valuation and market cap data, see FRA stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €5.53 Billion ≈ $6.47 Billion |
+6.84% |
| 2024-12-31 | €5.18 Billion ≈ $6.05 Billion |
+12.76% |
| 2023-12-31 | €4.59 Billion ≈ $5.37 Billion |
+11.14% |
| 2022-12-31 | €4.13 Billion ≈ $4.83 Billion |
+5.70% |
| 2021-12-31 | €3.91 Billion ≈ $4.57 Billion |
+4.00% |
| 2020-12-31 | €3.76 Billion ≈ $4.39 Billion |
-18.70% |
| 2019-12-31 | €4.62 Billion ≈ $5.41 Billion |
+5.84% |
| 2018-12-31 | €4.37 Billion ≈ $5.11 Billion |
+8.42% |
| 2017-12-31 | €4.03 Billion ≈ $4.71 Billion |
+4.88% |
| 2016-12-31 | €3.84 Billion ≈ $4.49 Billion |
+9.39% |
| 2015-12-31 | €3.51 Billion ≈ $4.11 Billion |
+6.87% |
| 2014-12-31 | €3.29 Billion ≈ $3.84 Billion |
+6.04% |
| 2013-12-31 | €3.10 Billion ≈ $3.62 Billion |
+5.20% |
| 2012-12-31 | €2.95 Billion ≈ $3.44 Billion |
+3.32% |
| 2011-12-31 | €2.85 Billion ≈ $3.33 Billion |
+4.07% |
| 2010-12-31 | €2.74 Billion ≈ $3.20 Billion |
+6.06% |
| 2009-12-31 | €2.58 Billion ≈ $3.02 Billion |
+2.90% |
| 2008-12-31 | €2.51 Billion ≈ $2.93 Billion |
+2.02% |
| 2007-12-31 | €2.46 Billion ≈ $2.88 Billion |
+5.86% |
| 2006-12-31 | €2.32 Billion ≈ $2.72 Billion |
+8.47% |
| 2005-12-31 | €2.14 Billion ≈ $2.50 Billion |
+5.50% |
| 2004-12-31 | €2.03 Billion ≈ $2.37 Billion |
+5.13% |
| 2003-12-31 | €1.93 Billion ≈ $2.26 Billion |
+6.35% |
| 2002-12-31 | €1.82 Billion ≈ $2.12 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Fraport AG's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 379550000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.80 Billion | 73.26% |
| Common Stock | €924.70 Million | 17.85% |
| Other Comprehensive Income | €3.65 Billion | 70.53% |
| Total Equity | €5.18 Billion | 100.00% |
Fraport AG Competitors by Market Cap
The table below lists competitors of Fraport AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OceanaGold Corporation
TO:OGC
|
$6.42 Billion |
|
VF Corporation
NYSE:VFC
|
$6.42 Billion |
|
Shenyang Fortune Precision Equipment Co. Ltd. A
SHG:688409
|
$6.42 Billion |
|
Essential Properties Realty Trust Inc
NYSE:EPRT
|
$6.42 Billion |
|
Eva Airways Corp
TW:2618
|
$6.41 Billion |
|
Lincoln National Corporation
NYSE:LNC
|
$6.41 Billion |
|
Life Time Group Holdings Inc
NYSE:LTH
|
$6.41 Billion |
|
Klarna Group plc
NYSE:KLAR
|
$6.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fraport AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,828,600,000 to 5,181,200,000, a change of 352,600,000 (7.3%).
- Net income of 431,800,000 contributed positively to equity growth.
- Share repurchases of 5,700,000 reduced equity.
- New share issuances of 5,700,000 increased equity.
- Other comprehensive income increased equity by 3,629,400,000.
- Other factors decreased equity by 3,708,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €431.80 Million | +8.33% |
| Share Repurchases | €5.70 Million | -0.11% |
| Share Issuances | €5.70 Million | +0.11% |
| Other Comprehensive Income | €3.63 Billion | +70.05% |
| Other Changes | €-3.71 Billion | -71.58% |
| Total Change | €- | 7.30% |
Book Value vs Market Value Analysis
This analysis compares Fraport AG's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.21x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.42x to 1.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €19.80 | €67.65 | x |
| 2003-12-31 | €20.94 | €67.65 | x |
| 2004-12-31 | €22.04 | €67.65 | x |
| 2005-12-31 | €23.26 | €67.65 | x |
| 2006-12-31 | €25.14 | €67.65 | x |
| 2007-12-31 | €26.62 | €67.65 | x |
| 2008-12-31 | €26.52 | €67.65 | x |
| 2009-12-31 | €27.61 | €67.65 | x |
| 2010-12-31 | €29.45 | €67.65 | x |
| 2011-12-31 | €30.56 | €67.65 | x |
| 2012-12-31 | €31.48 | €67.65 | x |
| 2013-12-31 | €32.99 | €67.65 | x |
| 2014-12-31 | €34.81 | €67.65 | x |
| 2015-12-31 | €37.14 | €67.65 | x |
| 2016-12-31 | €40.42 | €67.65 | x |
| 2017-12-31 | €41.74 | €67.65 | x |
| 2018-12-31 | €45.07 | €67.65 | x |
| 2019-12-31 | €47.91 | €67.65 | x |
| 2020-12-31 | €39.17 | €67.65 | x |
| 2021-12-31 | €40.47 | €67.65 | x |
| 2022-12-31 | €42.25 | €67.65 | x |
| 2023-12-31 | €46.74 | €67.65 | x |
| 2024-12-31 | €52.26 | €67.65 | x |
| 2025-12-31 | €56.06 | €67.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fraport AG utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.33%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.74%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 4.01x
- Recent ROE (8.33%) is above the historical average (6.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 6.70% | 0.00% | 0.00x | 2.01x | €-59.54 Million |
| 2003 | 6.04% | 0.00% | 0.00x | 1.91x | €-75.65 Million |
| 2004 | 6.72% | 0.00% | 0.00x | 1.80x | €-66.68 Million |
| 2005 | 7.52% | 0.00% | 0.00x | 1.84x | €-53.05 Million |
| 2006 | 9.87% | 10.70% | 0.50x | 1.85x | €-3.10 Million |
| 2007 | 8.69% | 9.18% | 0.41x | 2.32x | €-32.33 Million |
| 2008 | 8.04% | 8.94% | 0.34x | 2.65x | €-48.08 Million |
| 2009 | 5.96% | 7.39% | 0.24x | 3.40x | €-102.86 Million |
| 2010 | 9.99% | 11.89% | 0.25x | 3.37x | €-310.00K |
| 2011 | 8.89% | 10.58% | 0.26x | 3.27x | €-31.34 Million |
| 2012 | 8.19% | 9.76% | 0.25x | 3.31x | €-52.68 Million |
| 2013 | 7.24% | 9.30% | 0.25x | 3.12x | €-84.31 Million |
| 2014 | 7.29% | 9.80% | 0.27x | 2.80x | €-87.41 Million |
| 2015 | 8.04% | 10.64% | 0.29x | 2.57x | €-67.23 Million |
| 2016 | 10.04% | 14.32% | 0.30x | 2.37x | €1.37 Million |
| 2017 | 8.54% | 11.25% | 0.27x | 2.80x | €-56.61 Million |
| 2018 | 11.34% | 13.62% | 0.30x | 2.74x | €55.87 Million |
| 2019 | 9.47% | 11.35% | 0.29x | 2.84x | €-23.61 Million |
| 2020 | -18.17% | -39.21% | 0.12x | 3.89x | €-1.02 Billion |
| 2021 | 2.21% | 3.86% | 0.13x | 4.33x | €-292.51 Million |
| 2022 | 3.39% | 4.14% | 0.18x | 4.50x | €-258.54 Million |
| 2023 | 9.10% | 9.83% | 0.21x | 4.37x | €-38.67 Million |
| 2024 | 9.33% | 10.18% | 0.22x | 4.19x | €-32.26 Million |
| 2025 | 8.33% | 9.74% | 0.21x | 4.01x | €-86.32 Million |
Industry Comparison
This section compares Fraport AG's net assets metrics with peer companies in the Airports & Air Services industry.
Industry Context
- Industry: Airports & Air Services
- Average net assets among peers: $29,480,466,985
- Average return on equity (ROE) among peers: 20.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fraport AG (FRA) | €5.53 Billion | 6.70% | 2.70x | $6.42 Billion |
| TAV HAVALIMAN.HLDG ADR/4 (5THA) | $1.22 Billion | 9.98% | 2.49x | $2.31 Billion |
| AENA SME UNSP.ADR/1/10 (A440) | $6.64 Billion | 13.57% | 1.39x | $37.50 Billion |
| Grupo Aeroportuario del Sureste SAB de CV ADR (AEDA) | $51.59 Billion | 19.78% | 0.36x | $8.75 Billion |
| Beijing Capital International Airport Company Limited (BJ1) | $23.41 Billion | 12.27% | 0.48x | $435.04 Million |
| FRAPORT AG ADR 2/1 O.N. (FRAS) | $4.59 Billion | 8.56% | 3.11x | $6.49 Billion |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (G7A) | $8.55 Billion | 45.60% | 1.70x | $4.28 Billion |
| Grupo Aeroportuario del Pacífico S.A.B. de C.V (G9N) | $20.94 Billion | 45.56% | 2.22x | $12.14 Billion |
| Hainan Meilan International Airport Company Limited (HAO) | $4.09 Billion | 11.84% | 1.22x | $130.52 Million |
| Airports of Thailand Public Company Limited (NYVQ) | $144.27 Billion | 17.45% | 0.30x | $18.86 Billion |
About Fraport AG
Fraport AG owns and operates airports in Germany, the rest of Europe, Asia, and the America. It primarily focuses on the operation of Frankfurt Main airport. The company operates through four segments: Aviation, Retail & Real Estate, Ground Handling, and International Activities & Services. The Aviation segment operates land and airside infrastructure, which covers the area of airport charges and… Read more