CAAP
Corporación América Airports S.A.
CAAP's outlook is improving, though it still trails on the overall score.
VRT
Vertiv Holdings Co
VRT has the edge over CAAP overall, supported by stronger modeled upside and stronger valuation.
CAAP Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Strong |
CAAP's profitability, cash flow and balance sheet are currently strong, and its revenue is stable.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
CAAP PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 9.6x | $25.09 | — |
| Cheap | 11x | $17.91 | -29% |
| Fair | 15x | $26.07 | +3.9% |
| Current | 15x | $25.09 | — |
| Expensive | 42x | $71.32 | +184% |
Historical ranges are pointers, not guarantees.
CAAP's PE is in its fair range at 15x. If earnings grow as analysts expect, today's price would be 9.6x next year's earnings, in its cheap range.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT has the edge over CAAP in the historical PE scenario, which offers more potential upside but is not a forecast.
CAAP Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for CAAP, with profitability improving.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for VRT, with profitability improving.
CAAP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.61 | +54% |
| Q2 2026 | $1.70 | +62% |
| Q1 2026 | $1.76 | +66% |
| Q4 2025 | $1.54 | -13% |
| Q3 2025 | $1.30 | -40% |
| Q2 2025 | $1.05 | -52% |
| Q1 2025 | $1.06 | -54% |
| Q4 2024 | $1.76 | +18% |
| Q3 2024 | $2.16 | +196% |
CAAP's earnings per share have fallen from their peak: $1.70 over the past year, against $2.29 in early 2024.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over CAAP on earnings, with more consistent year-over-year improvement.
CAAP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $377.4M | -21% |
| Q1 2026 | $537.6M | +20% |
| Q4 2025 | $562.6M | +5.7% |
| Q3 2025 | $527.3M | +14% |
| Q2 2025 | $476.8M | +15% |
| Q1 2025 | $447.8M | +3.4% |
| Q4 2024 | $532.2M | +321% |
| Q3 2024 | $461.8M | -1.5% |
CAAP's revenue is growing: $377M last quarter, down 21% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 12% | -13 points |
| Q1 2026 | 26% | +2.4 points |
| Q4 2025 | 24% | +2.1 points |
| Q3 2025 | 28% | +6.3 points |
| Q2 2025 | 25% | +2.5 points |
| Q1 2025 | 24% | -5.2 points |
| Q4 2024 | 22% | -134 points |
| Q3 2024 | 22% | +20 points |
CAAP's operating margin was 12% last quarter, down 12 points from the same quarter a year ago.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over CAAP on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over CAAP on profitability, with a higher operating margin.
CAAP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $98.4M | -12% |
| Q1 2026 | $99M | +27% |
| Q4 2025 | $124M | +312% |
| Q3 2025 | $133.8M | +24% |
| Q2 2025 | $111.3M | +21% |
| Q1 2025 | $78M | -52% |
| Q4 2024 | $30.1M | -8.1% |
| Q3 2024 | $107.9M | -27% |
CAAP generated $455M in free cash flow over the past year, up 39% from the year before.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over CAAP on cash flow, with more consistent year-over-year improvement.
CAAP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +0.5% | +857K shares |
| 3 years | +1.9% | +3M shares |
| 5 years | +2.1% | +3.3M shares |
| Available history | +2.5% | +3.9M shares |
CAAP has 164M diluted shares, up 0.5% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
CAAP hasn't bought back shares in the past year.
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has the edge over CAAP on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
CAAP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.6x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.8x | Very low |
| Q3 2025 | 0.9x | Very low |
| Q2 2025 | 1.0x | Very low |
| Q1 2025 | 1.0x | Very low |
| Q4 2024 | 0.8x | Very low |
| Q3 2024 | 1.0x | Healthy |
CAAP's net debt is less than a year of its operating earnings (EBITDA).
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has the edge over CAAP on leverage, with a lower net debt burden relative to earnings.
CAAP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.3 | Neutral |
| Stochastic | 53.7 | Neutral |
CAAP's weekly RSI is 52 (neutral) and its Stochastic is 54 (neutral).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
CAAP PE vs Industrials Sector
| Metric | CAAP | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 24x | 39% below |
| PE % | 48 | 58 | 10 pts below |
CAAP has the edge over VRT on valuation relative to its sector.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
CAAP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $24.4 | 2.7% above |
| 20 week MA | $24.5 | 2.2% above |
| 50 week MA | $25.6 | 1.9% below |
| 100 week MA | $22.7 | 11% above |
| 200 week MA | $18.6 | 35% above |
CAAP has the edge over VRT on trend strength, trading above more of its moving averages.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 70% above its 200-week average.
CAAP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.68 | $3.84 | -32% |
| 2021 | $3.84 | $5.64 | +47% |
| 2022 | $5.64 | $8.22 | +46% |
| 2023 | $8.22 | $16.1 | +95% |
| 2024 | $16.1 | $18.9 | +18% |
| 2025 | $18.9 | $26.2 | +38% |
| 2026 YTD | $26.2 | $25.1 | -4.1% |
CAAP has finished higher in five of the last six years. It's down 4.1% so far in 2026.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over CAAP on returns for 2026, with the stronger performance.