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

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) Industrial Operations Profile

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. operates 12 airports in Mexico's Pacific region, leveraging its strategic locations to cater to increasing air travel demand while maintaining a strong profit margin and a solid dividend yield.

What Is the Investment Thesis for PAC?

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. presents a compelling investment thesis driven by its robust financial metrics, including a P/E ratio of 21.4 and a gross margin of 57.5%. The company is well-positioned to capitalize on the growing air travel demand in Mexico, particularly as tourism rebounds. Key growth catalysts include the expansion of airport facilities and services, which are expected to enhance passenger capacity and improve customer satisfaction. Additionally, PAC's dividend yield of 4.12% reflects its commitment to returning value to shareholders. However, potential risks, including economic fluctuations and competition from other airport operators, should be monitored closely. Overall, PAC's strong operational performance and strategic initiatives provide a solid foundation for future growth.

Based on FMP financials and quantitative analysis

PAC Key Highlights

• Market capitalization of $13.21B reflects strong market positioning.
• Profit margin of 24.0% demonstrates effective cost management and operational efficiency.
• Gross margin of 57.5% exceeds industry averages, indicating strong pricing power.
• P/E ratio of 21.4 suggests favorable valuation compared to peers.
• Dividend yield of 4.12% highlights commitment to shareholder returns.

Who Are PAC's Competitors?

PAC is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are PAC's Key Strengths?

• Strong market position in Mexico's Pacific region.
• High profit margins and robust financial health.
• Diverse portfolio of airports catering to various markets.

What Are PAC's Weaknesses?

• Dependence on tourism, which can be affected by economic downturns.
• Limited geographic diversification outside the Pacific region.
• Vulnerability to regulatory changes in aviation policies.

What Could Drive PAC Stock Higher?

• Expansion of airport facilities to accommodate increased passenger traffic.
• Implementation of sustainability initiatives to enhance operational efficiency.
• Strengthening partnerships with airlines to boost flight offerings.
• Investment in technology to improve passenger experience and operational efficiency.

What Are the Key Risks for PAC?

• Economic downturns affecting travel demand and revenue.
• Intense competition from other airport operators in the region.
• Regulatory changes impacting airport operations and profitability.

What Are the Growth Opportunities for PAC?

• Expansion of Airport Facilities: Grupo Aeroportuario del Pacífico, S.A.B. de C.V. plans to invest in expanding its airport facilities to accommodate increasing passenger traffic. The Mexican airport industry is projected to grow at a CAGR of 5.2% through 2030, providing a significant opportunity for PAC to enhance its capacity and service offerings.
• Increased Tourism: As international travel restrictions ease, PAC is poised to benefit from a surge in tourism, particularly in popular destinations like Puerto Vallarta and Tijuana. The company can leverage this trend to increase passenger volumes and ancillary revenue streams from retail and services at its airports.
• Sustainability Initiatives: The growing emphasis on sustainability in the aviation sector presents an opportunity for PAC to implement eco-friendly practices and technologies at its airports. This not only enhances operational efficiency but also attracts environmentally-conscious travelers, potentially increasing market share.
• Partnerships with Airlines: Strengthening partnerships with major airlines can lead to increased flight offerings and passenger traffic at PAC-operated airports. Collaborations may also include co-marketing initiatives to promote travel to the Pacific region, further driving growth.
• Technological Advancements: Investing in technology to improve operational efficiency and passenger experience can provide a competitive advantage. Innovations such as automated check-in processes and enhanced security measures can streamline operations and attract more travelers.

What Opportunities Does PAC Have?

• Growing demand for air travel post-pandemic.
• Potential for expansion and modernization of airport facilities.
• Increased partnerships with airlines to boost passenger traffic.

What Threats Does PAC Face?

• Intense competition from other airport operators.
• Economic fluctuations affecting travel demand.
• Potential disruptions from geopolitical events or health crises.

What Are PAC's Competitive Advantages?

• Strategic location of airports in popular tourist destinations.
• Established reputation for operational efficiency and customer service.
• Strong financial performance with a solid profit margin.
• Diverse revenue streams from various airport services.

What Does PAC Do?

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. was founded in 1998 and is headquartered in Guadalajara, Mexico. The company manages, operates, and develops a network of airports primarily located in the Pacific region of Mexico, including key locations such as Guadalajara, Puerto Vallarta, and Tijuana. Over the years, PAC has grown to operate 12 airports, playing a crucial role in facilitating air travel and tourism in these regions. The company has focused on enhancing operational efficiency and passenger experience, which has contributed to its strong financial performance. With a market capitalization of $13.21B and a profit margin of 24%, PAC has established itself as a leader in the airport management sector. Its strategic positioning in major tourist destinations allows it to benefit from the increasing demand for air travel, particularly in the post-pandemic recovery phase. PAC's commitment to improving infrastructure and services at its airports further solidifies its competitive edge in the industry.

What Products and Services Does PAC Offer?

• Manage and operate 12 airports in Mexico's Pacific region.
• Provide services for both domestic and international flights.
• Enhance passenger experience through improved facilities and services.
• Develop airport infrastructure to accommodate growing air travel demand.
• Facilitate cargo services to support local economies.

How Does PAC Make Money?

• Generate revenue through airport fees charged to airlines and passengers.
• Earn income from retail and food services within airport terminals.
• Receive government grants and subsidies for airport development projects.
• Leverage partnerships with airlines for co-marketing and promotional activities.

What Industry Does PAC Operate In?

The airline and airport services industry is experiencing a resurgence as global travel demand rebounds post-pandemic. With a projected annual growth rate of 5.2% through 2030, the industry is expected to expand significantly, driven by increasing tourism and business travel. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. is strategically positioned within this growing market, operating in key tourist destinations that attract both domestic and international travelers. The competitive landscape includes major players like LATAM Airlines Group S.A. and others, but PAC's focus on operational excellence and customer experience sets it apart.

Who Are PAC's Key Customers?

• Domestic travelers within Mexico.
• International tourists visiting the Pacific region.
• Airlines operating flights to and from PAC-managed airports.
• Cargo companies utilizing airport facilities for freight transport.

Company Profile

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. operates in the Airlines, Airports & Air Services industry within the Industrials sector. It is headquartered in Guadalajara, MX. The company is led by CEO Raul Revuelta Musalem. PAC has traded publicly since 2006.

F-Score 8/9Financial Health

Grupo Aeroportuario del Pacífico, S.A.B. de C.V.'s Piotroski F-Score is 8/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 3.19 places it in the safe zone, indicating low near-term bankruptcy risk.

ROE 59%Key Financial Metrics

Return on equity for Grupo Aeroportuario del Pacífico, S.A.B. de C.V. stands at 58.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 10.0%, showing how much profit it generates from its asset base. PAC trades at a trailing price-to-earnings ratio of 21.41, below the Industrials sector average of ~30x. Its free cash flow yield is 4.1%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.50 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 4.6%, the inverse of the P/E and a quick read on earnings relative to price.

PAC Valuation & Market Position

With a $13.21B market cap, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. sits in the large-cap segment of the market. Relative to its peer group, PAC's quantitative score of 57/100 is roughly in line with the peer average of 60/100.

FY2026 estForward Outlook

Wall Street analysts project Grupo Aeroportuario del Pacífico, S.A.B. de C.V. revenue of about $45.20B for fiscal 2026, with EPS near $237.62. The estimate reflects 5 contributing analysts.

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Common Questions About PAC (Industrials)

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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