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Københavns Lufthavne stock: key metrics
KBHL.COKøbenhavns Lufthavne had an operating margin of 33.3% and a return on invested capital (ROIC) of 10% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 100.0% | 42.8% | 25.3% |
| 2007 | 100.0% | 48.9% | 38.0% |
| 2008 | 100.0% | 39.4% | 24.3% |
| 2009 | 100.0% | 35.8% | 21.0% |
| 2010 | 100.0% | 45.4% | 28.1% |
| 2011 | 100.0% | 37.8% | 22.6% |
| 2012 | 43.5% | 60.0% | 45.9% |
| 2013 | 42.7% | 37.7% | 26.8% |
| 2014 | 43.0% | 37.8% | 24.8% |
| 2015 | 43.6% | 39.0% | 26.7% |
| 2016 | 44.7% | 40.7% | 28.5% |
| 2017 | 46.9% | 41.1% | 29.0% |
| 2018 | 43.1% | 35.6% | 24.9% |
| 2019 | 40.1% | 33.0% | 23.5% |
| 2020 | −52.3% | −45.4% | −40.5% |
| 2021 | −29.5% | −28.7% | −29.4% |
| 2022 | 22.5% | 11.7% | 5.4% |
| 2023 | 25.6% | 16.7% | 6.5% |
| 2024 | 39.0% | 31.7% | 20.0% |
| 2025 | 34.3% | 33.3% | 22.0% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | 21.2% | 14.0% | 9.0% |
| 2007 | 29.8% | 19.4% | 14.5% |
| 2008 | 23.6% | 14.8% | 9.4% |
| 2009 | 19.3% | 12.6% | 7.1% |
| 2010 | 26.1% | 17.2% | 9.8% |
| 2011 | 25.9% | 14.0% | 8.4% |
| 2012 | 44.8% | 27.1% | 16.1% |
| 2013 | 33.7% | 16.7% | 10.2% |
| 2014 | 33.7% | 15.2% | 9.7% |
| 2015 | 36.3% | 15.4% | 10.2% |
| 2016 | 41.4% | 16.3% | 11.2% |
| 2017 | 40.8% | 16.1% | 11.1% |
| 2018 | 35.8% | 12.9% | 8.5% |
| 2019 | 31.3% | 10.4% | 7.2% |
| 2020 | −24.0% | −4.7% | −4.5% |
| 2021 | −20.6% | −3.1% | −3.4% |
| 2022 | 7.1% | 2.5% | 1.3% |
| 2023 | 9.3% | 3.8% | 1.7% |
| 2024 | 26.4% | 9.4% | 6.3% |
| 2025 | 24.5% | 10.0% | 7.0% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = DKK 6.7461)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 1 May 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.