Flughafen Zürich AG (SWX:FHZN)
Switzerland · Delayed Price · Currency is CHF 207.20
+0.40 (0.19%)
Sep 4, 2026, 5:31 PM CET
Flughafen Zürich AG Cash Flow Statement
Financials in millions CHF. Fiscal year is January - December.
Millions CHF. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 348.9 | 346.5 | 326.7 | 304.2 | 207 | -10.1 |
Depreciation & Amortization | 313.2 | 306.6 | 293 | 287.9 | 292.1 | 281.3 |
Loss (Gain) From Sale of Assets | 4.7 | 3.5 | 1.1 | 1.3 | 1.6 | 0.7 |
Asset Writedown & Restructuring Costs | 9 | 9.9 | 13.6 | 5.9 | 5.1 | - |
Loss (Gain) From Sale of Investments | - | - | - | - | 11.8 | -2 |
Loss (Gain) on Equity Investments | - | - | - | - | - | 3.7 |
Stock-Based Compensation | 1.1 | 1.2 | 1.2 | 1.3 | 1.6 | 0.9 |
Other Operating Activities | 22.8 | 17.6 | 16.2 | 19.6 | 34.1 | 26.1 |
Change in Inventory | 18.1 | 48.2 | -17 | -19.3 | -78.7 | -37.7 |
Change in Unearned Revenue | -8.9 | -8.9 | 1.4 | 38.4 | - | - |
Change in Other Net Operating Assets | -2.1 | -36.2 | 5.4 | 41.3 | 14 | -31.2 |
Operating Cash Flow | 706.8 | 688.4 | 641.6 | 680.6 | 488.6 | 231.7 |
Operating Cash Flow Growth | 4.94% | 7.29% | -5.73% | 39.30% | 110.88% | 57.30% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -538 | -539.1 | -476.4 | -382.1 | -179.8 | -153.8 |
Sale of Property, Plant & Equipment | 0.1 | 2.4 | 0.9 | 0.1 | 0.1 | 0.2 |
Sale (Purchase) of Intangibles | -21.5 | -17.8 | -89.8 | -45.4 | -13.6 | -14.9 |
Sale (Purchase) of Real Estate | -2.8 | -159.6 | -4.7 | -10.2 | -41.9 | -37.6 |
Investment in Securities | -11.2 | -226.5 | 216.3 | 258.6 | -334.6 | 118.9 |
Other Investing Activities | 13.5 | 12.6 | 9.6 | 9 | 2.8 | 0.6 |
Investing Cash Flow | -559.9 | -928 | -344.1 | -170 | -567 | -86.6 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 289.4 | 274.7 | 73.6 | 2.9 | 5.8 |
Long-Term Debt Repaid | - | -18.7 | -362.6 | -411.8 | -46.2 | -75.5 |
Lease Payments | -9.4 | -7 | -9 | -9.1 | -8.9 | -7.5 |
Net Debt Issued (Repaid) | 69 | 270.7 | -87.9 | -338.2 | -43.3 | -69.7 |
Repurchase of Common Stock | -1.2 | -1.8 | -0.9 | -2.1 | -1 | -0.2 |
Common Dividends Paid | -218 | -132 | -122.8 | -73.7 | - | - |
Other Financing Activities | -21.4 | -17.8 | -15.7 | -21.3 | -26.4 | -14.6 |
Financing Cash Flow | -214.6 | 76.1 | -267.2 | -469.1 | -70.7 | -84.5 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 8.5 | -0.2 | -7.5 | -2.3 | 1.1 | -2.5 |
Miscellaneous Cash Flow Adjustments | - | - | - | - | -0.1 | - |
Net Cash Flow | -59.2 | -163.7 | 22.8 | 39.2 | -148.1 | 58.1 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 168.8 | 149.3 | 165.2 | 298.5 | 308.8 | 77.9 |
Free Cash Flow Growth | 24.12% | -9.63% | -44.66% | -3.33% | 296.41% | - |
Free Cash Flow Margin | 12.11% | 10.97% | 12.46% | 24.14% | 30.17% | 11.46% |
Free Cash Flow Per Share | 5.50 | 4.86 | 5.38 | 9.72 | 10.05 | 2.54 |
Levered Free Cash Flow | 98.44 | 80.18 | 10.19 | 147.33 | 167.51 | 66.28 |
Unlevered Free Cash Flow | 115.69 | 93.93 | 21.25 | 156.7 | 181.45 | 81.09 |
Free Cash Flow After Leases | 159.4 | 142.3 | 156.2 | 289.4 | 299.9 | 70.4 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 21.4 | 17.4 | 15.3 | 20.9 | 16.2 | 13.8 |
Cash Income Tax Paid | 84 | 81.7 | 83.7 | 59.1 | 5.5 | 0.3 |
Change in Working Capital | 7.1 | 3.1 | -10.2 | 60.4 | -64.7 | -68.9 |