Aena vs IAG (AENA vs IAG)

Aena (AENA) vs IAG (IAG) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.

Aena (AENA) and IAG (IAG) compete in travel, leisure and gaming. Here are Aena and IAG side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Aena or IAG.

Aena vs IAG: the figures

Aena and IAG figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Aena or IAG figure is not available, and we never estimate it.

3 key differences between Aena and IAG

1. Profitability: for every 100 of sales, Aena keeps 34.3 as net profit and IAG keeps 9.2.
2. Valuation: Aena trades at 14.0x its annual earnings and IAG at 7.9x; the market pays more for each dollar of Aena profit, usually because it expects more growth.
3. Dividend: Aena yields 3.95% at today's price and IAG yields 1.96%.

Aena or IAG: which fits your profile

• If you want growth: Aena is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
• If you want income (dividends): Aena pays the higher dividend relative to its price.
• If you prefer caution: IAG has less debt relative to its profit, which usually gives more room in a bad year.
• If price is what matters most to you: IAG trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.

Neither Aena nor IAG wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.

How Aena and IAG make money

Aena (AENA)

Aena runs Spain's airport network, including Madrid-Barajas and Barcelona-El Prat. Its biggest income source is regulated airport charges paid by airlines and passengers, and it also collects rent and commissions from shops, restaurants, parking and car rental companies. Outside Spain it operates London Luton and a group of airports in Brazil. Full Aena analysis.

IAG (IAG)

International Airlines Group owns British Airways, its largest carrier, plus Iberia, Vueling, Aer Lingus and LEVEL. Ticket sales bring in most revenue, with North Atlantic routes as a key market. It also earns from IAG Loyalty, which sells Avios points to banks and partners, and from IAG Cargo, which carries freight on its planes. Full IAG analysis.

Frequently asked questions: Aena vs IAG

Is Aena or IAG the better stock?

Choosing between Aena and IAG depends on what you are looking for. Aena is growing faster right now, and IAG trades on the lower P/E. Fintols does not tell you whether to buy Aena or IAG: it shows you the differences so you can decide.

Which pays a higher dividend, Aena or IAG?

As of November 4, 2026, Aena yields 3.95% and IAG yields 1.96%. Also check how much of their profit Aena and IAG pay out: if it is more than they earn, it cannot last.

Which is more expensive, Aena or IAG?

On P/E, Aena (14.0x) is more expensive than IAG (7.9x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.

Can I own both Aena and IAG?

Yes. Many people spread their money across several companies, such as Aena and IAG, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Aena or IAG.

More comparisons with Aena or IAG

• Aena vs Las Vegas Sands
• Aena vs Southwest Airlines
• Aena vs Ferrovial
• IAG vs Southwest Airlines

More companies like Aena and IAG: travel, leisure and gaming stocks. Educational content about Aena and IAG, not investment advice.