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Grupo Aeroportuario del Pacífico, S.A.B. de C.V.

NYSE•PAC
CEO: Mr. Raul Revuelta Musalem
Sector: Industrials
Industry: Airlines, Airports & Air Services
Listing Date: 2006-02-27
Grupo Aeroportuario del Pacífico, S.A.B. de C.V., together with its subsidiaries, holds concessions to develop, operate, and manage airports in Mexico and Jamaica. The company operates twelve international airports in Guadalajara and Tijuana areas, Mexico; and two international airports in Montego Bay, Jamaica. It also offers aeronautical services, such as passenger, aircraft landing, parking, airport security, and passenger walkway and airport bus, as well as car packing charges; complementary services, including baggage handling, catering, aircraft maintenance and repair, and fuel; cargo handling; and ground transportation services. In addition, the company provides non-aeronautical services, such as redesigning and modernizing terminal spaces and developing new projects; telephone and internet services; and ground handling services under the brand Primesky, as well as advertising services. Further, it engages in commercial activities comprising leasing space in terminals to airlines and other service providers; to retail stores, such as souvenir and gift shops, fashion and footwear stores, pharmacies, jewelry, electronics, cosmetics, and others; to various food and beverage services; car rental service companies, including parking spots, lots, and car rental reservation booths; to timeshare developers; to financial service providers; and to operators of duty-free stores. Additionally, the company operates parking facilities; VIP lounges; convenience stores; and vending machines. The company was incorporated in 1998 and is headquartered in Guadalajara, Mexico.
Contact Information
Avenida Mariano Otero No. 1249-B, Torre PacIfico Piso 6 Col. Rinconada del Bosque, Guadalajara, JA, 44530, Mexico
52-3-336-7145-82
www.aeropuertosgap.com.mx
Market Cap
$11.74B
P/E (TTM)
27.5
18.2
Dividend Yield
4.1%
52W High
$300.41
52W Low
$168.62
52W Range
48%
Rank24Top 10.8%
5.7
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$55.32M+0.00%
4-Quarter Trend

EPS

$2.33+0.00%
4-Quarter Trend

FCF

-$36.28M+0.00%
4-Quarter Trend

2024 Annual Earnings Highlights

Key Highlights

Total Revenues Growth Total revenues reached Ps. 33.61T in 2024, a 1.2% increase despite lower aeronautical revenue streams.
Non-Aeronautical Revenue Surge Non-aeronautical revenues grew 24.4% to Ps. 7.67B, driven by commercial strategy and cargo consolidation efforts.
Strong Operating Cash Flow Cash flow provided by operations increased 19.7% to Ps. 16.67T in 2024, demonstrating solid operational strength.
Comprehensive Income Jump Total comprehensive income rose 14.3% to Ps. 9.95T, significantly boosted by positive foreign exchange differences.

Risk Factors

Net Profit Experienced Decline Net profit fell 8.4% to Ps. 8.88T in 2024, primarily due to higher operating costs and increased finance expenses.
Peso Depreciation Currency Risk Peso depreciation against USD increases financing costs on USD-denominated debt and impacts maximum tariff compliance.
Regulatory Rate Adjustment Pressure Mexican maximum aeronautical rates face annual efficiency adjustments (0.8% factor), potentially limiting future revenue growth.
Key Airline Customer Dependency Revenues heavily rely on top airlines; customer restructuring or failure risks significant revenue loss and traffic impact.

Outlook

Mexican Airport Investment Plan Committed investments of Ps. 43.18T planned for Mexican airports through 2029 under newly approved Master Development Programs.
Commercial Revenue Expansion Focus Continued focus on commercial revenue growth, expecting leasing growth to exceed aeronautical revenue growth rates in reset years.
Cybersecurity Posture Improvement Continuous improvement in cybersecurity posture utilizing AI/ML and Zero Trust architecture for critical data protection.
Jamaica Concession Term Extension MBJA concession term extended to March 2034 following amendments addressing prior COVID-19 pandemic impacts.

Peer Comparison

Revenue (TTM)

AAL stock ticker logoAAL
$54.63B
+0.8%
RYAAY stock ticker logoRYAAY
$17.30B
+9.4%
SWK stock ticker logoSWK
$15.13B
-1.5%

Gross Margin (Latest Quarter)

BAH stock ticker logoBAH
51.9%
-3.3pp
AYI stock ticker logoAYI
48.4%
+1.2pp
ASR stock ticker logoASR
45.1%
-3.4pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
ERJ$47.38B34.19.6%19.1%
RYAAY$32.31B11.827.8%9.6%
HII$16.60B27.512.3%24.7%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-53.3%
Growth Under Pressure
4Q Net Income CAGR
-5.7%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Apr 27, 2026
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LTM
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