Grupo Aeroportuario del Pacifico (PAC) AI Stock Analysis

• Market Cap: $12.30B
• Dividend Yield: 5.12%
• Average Volume (3M): 67.42K
• Price to Earnings (P/E): 26.4
• Beta (1Y): 1.19
• Revenue Growth: 7.45%
• EPS Growth: -13.53%
• Country: US
• Employees: 3,541
• Sector: Industrials
• Sector Strength: 72
• Industry: Airlines, Airports & Air Services
• EPS (TTM): 2.82
• Shares Outstanding: 42,948,586
• 10 Day Avg. Volume: 76,075
• 30 Day Avg. Volume: 67,415
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.11
• Enterprise Value/Revenue: 0.37
• Enterprise Value/Gross Profit: 0.63
• Enterprise Value/Ebitda: 0.64
• 1Y Price Target: $263.00
• Price Target Upside: 13.15% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 72 Outperform
• Price Target: $263.00 ▲(13.15% Upside)

Grupo Aeroportuario del Pacifico's overall stock score reflects strong financial performance and positive earnings call sentiment, which are slightly offset by bearish technical indicators and a high P/E ratio. The company's robust cash flow and attractive dividend yield provide additional support to the stock's valuation.

Grupo Aeroportuario del Pacifico Business Overview & Revenue Model

Company Description

Grupo Aeroportuario del Pacífico, S.A.B. de C.V., together with its subsidiaries, manages, operates, and develops airports primarily in Mexico's Pacific region. It operates 12 airports in Guadalajara, Puerto Vallarta, Tijuana, San Josédel Cabo, Guanajuato (Bajío), Hermosillo, Mexicali, Los Mochis, La Paz, Manzanillo, Morelia, and Aguascalientes. The company was incorporated in 1998 and is headquartered in Guadalajara, Mexico.

How the Company Makes Money

Grupo Aeroportuario del Pacifico generates revenue through multiple streams, primarily from aeronautical and non-aeronautical services. Aeronautical revenues include landing fees, passenger boarding charges, and terminal usage fees paid by airlines for the use of the airport facilities. Non-aeronautical revenues come from retail and concession sales, including shops, restaurants, and duty-free stores within the airports, as well as parking fees and advertising. Additionally, PAC benefits from partnerships with airlines and other stakeholders in the aviation sector, which can enhance its service offerings and customer experience. The company also invests in infrastructure improvements and expansion projects to increase capacity and efficiency, ultimately driving more traffic and revenue.

Grupo Aeroportuario del Pacifico Financial Statement Overview

Summary

Grupo Aeroportuario del Pacifico exhibits strong financial health with solid revenue growth, robust profitability, and effective cash flow management. While leverage has increased slightly, the company maintains a healthy balance sheet and strong cash flow generation.

Income Statement

Grupo Aeroportuario del Pacifico demonstrates consistent revenue growth with strong gross and net profit margins. Despite a revenue decline in 2024, the company maintains solid profitability, indicating effective cost management. The EBIT and EBITDA margins are robust, underscoring operational efficiency.

Balance Sheet

The company has a moderate debt-to-equity ratio, reflecting a balanced approach to leverage. The return on equity is strong, indicating effective use of equity capital. However, equity ratio trends suggest a slight increase in leverage over time, which should be monitored.

Cash Flow

Cash flows show a positive trend, with significant growth in free cash flow, enhancing financial flexibility. The operating cash flow to net income ratio is favorable, indicating strong cash generation relative to earnings. The company effectively converts its earnings into cash.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	26.78B	33.22B	27.38B	19.01B	11.87B
Gross Profit	20.67B	19.41B	14.54B	9.38B	4.10B
EBITDA	18.11B	18.68B	16.10B	10.90B	5.82B
Net Income	8.61B	9.54B	9.01B	6.00B	1.97B
Balance Sheet
Total Assets	81.65B	67.44B	60.51B	55.32B	51.36B
Cash, Cash Equivalents and Short-Term Investments	13.47B	10.06B	12.37B	13.33B	14.44B
Total Debt	48.03B	40.62B	34.41B	27.92B	24.38B
Total Liabilities	57.03B	46.50B	40.68B	34.89B	28.51B
Stockholders Equity	22.35B	19.78B	18.64B	19.29B	21.79B
Cash Flow
Free Cash Flow	8.83B	3.49B	4.09B	6.15B	406.46M
Operating Cash Flow	16.67B	13.93B	12.52B	11.10B	3.57B
Investing Cash Flow	-8.78B	-11.09B	-8.48B	-4.97B	-3.22B
Financing Cash Flow	-5.02B	-4.79B	-4.93B	-7.35B	6.29B

Grupo Aeroportuario del Pacifico Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 232.44
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PAC, the sentiment is Negative. The current price of 232.44 is below the 20-day moving average (MA) of 248.68, below the 50-day MA of 241.82, and above the 200-day MA of 208.37, indicating a neutral trend. The MACD of -0.76 indicates Positive momentum. The RSI at 35.37 is Neutral, neither overbought nor oversold. The STOCH value of 10.99 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PAC.

Grupo Aeroportuario del Pacifico Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ASR	79 Outperform	$9.44B	15.38	35.56%	10.40%	5.67%	-9.58%
OMAB	77 Outperform	$4.93B	19.05	47.46%	4.45%	-7.59%	-9.80%
PAC	72 Outperform	$12.30B	26.35	47.69%	5.12%	7.45%	-13.53%
CAAP	71 Outperform	$2.89B	20.03	20.64%	―	10.45%	-62.52%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Grupo Aeroportuario del Pacifico Corporate Events

Grupo Aeroportuario del Pacífico Refinances $40 Million Credit Line

On September 18, 2025, Grupo Aeroportuario del Pacífico announced the refinancing of a USD $40 million credit line with Banco Nacional de México, S.A. for a five-year term. This move, with interest payable monthly at a variable rate, underscores GAP’s strategic financial management and may enhance its liquidity position, potentially impacting its operations and stakeholder confidence positively.

Grupo Aeroportuario del Pacífico Sees Passenger Traffic Rise in August 2025

In August 2025, Grupo Aeroportuario del Pacífico reported a 3.3% increase in total terminal passenger traffic across its 12 Mexican airports compared to the same month in 2024. Notably, Puerto Vallarta and Guadalajara airports experienced significant growth in passenger numbers, while Tijuana saw a decline. The Montego Bay airport in Jamaica also reported a 5.3% increase in passenger traffic. This growth indicates a positive trend for GAP, enhancing its market position and potentially benefiting stakeholders by increasing operational revenues.

Grupo Aeroportuario del Pacífico Reports July 2025 Passenger Traffic Growth

In July 2025, Grupo Aeroportuario del Pacífico reported a 3.1% increase in total passenger traffic compared to July 2024. Notable growth was observed at Montego Bay with a 15.2% rise, while Tijuana saw a 3.1% decrease. The company also introduced several new routes, enhancing connectivity across various destinations.

Grupo Aeroportuario del Pacífico Announces Final Dividend Payment Date

On July 30, 2025, Grupo Aeroportuario del Pacífico announced the payment date for the second and final installment of its dividend, approved during the Annual General Ordinary Shareholders’ Meeting on April 24, 2025. The payment, scheduled for August 14, 2025, will be Ps. 8.42 per outstanding share, completing the total dividend of Ps. 16.84 per share. This announcement reflects GAP’s commitment to returning value to its shareholders and may impact the company’s financial strategies and stakeholder relations.

Grupo Aeroportuario del Pacífico Reports Strong Q2 2025 Revenue Growth

Grupo Aeroportuario del Pacífico reported a significant increase in revenues for the second quarter of 2025, with total revenues rising by 49.9% compared to the same period in 2024. This growth was driven by a 30.6% increase in combined aeronautical and non-aeronautical services revenues. Despite a decrease in comprehensive income by 22.8%, the company’s EBITDA margin improved slightly to 67.1%. The company also launched several new domestic and international routes, contributing to a 4.1% increase in passenger traffic across its airports. Financially, GAP repaid a maturing bond and secured a new credit facility to refinance existing debts, reflecting a strategic approach to managing its financial obligations.

Grupo Aeroportuario del Pacífico Releases 2024 Sustainability Report

On July 4, 2025, Grupo Aeroportuario del Pacífico released its 2024 Sustainability Report, highlighting key achievements in environmental, social, and corporate governance across its airport network. The report, aligned with GRI Standards and SASB framework, indicates GAP’s commitment to sustainability and transparency, potentially enhancing its industry positioning and stakeholder confidence.

Grupo Aeroportuario del Pacífico Reports Passenger Traffic Growth in June 2025

In June 2025, Grupo Aeroportuario del Pacífico reported a 0.6% increase in total passenger traffic compared to June 2024, with notable growth at Los Cabos airport and declines at others like Tijuana and Guadalajara. The company also saw a 2.1% rise in available seats, although load factors slightly decreased. A new route from Montego Bay to Lisbon was introduced, highlighting GAP’s ongoing expansion efforts.