Auckland International Airport Ltd

AIA: XNZE (NZL)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Auckland Airport Earnings: Now in Peak Investment Phase

Angus Hewitt

Aug 20, 2026

Auckland Airport's fiscal 2026 underlying net profit was NZD 309 million, flat on last year. Two percent growth in total passenger movements drove about 3% revenue growth, offset by higher depreciation and net interest costs given the airport's massive redevelopment spending.

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Auckland International Airport Ltd

Auckland Airport Earnings: Now in Peak Investment Phase

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