Pacific Airport Group - Understand $pac stock

$PAC Market Cap: $152.4 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$32.28B

TTM

Gross Margin

100.0%

TTM

Net Earnings

$9.220B

TTM

Current Assets

$16.09B

Q2 2024

Current Liabilities

$22.67B

Q2 2024

Current Ratio

70.97%

Q2 2024

Total Assets

$73.32B

Q2 2024

Total Liabilities

$55.61B

Q2 2024

Book Value

$17.71B

Q2 2024

Cash

$11.52B

Q2 2024

P/E

16.52

Nov 29, 2024 EST

Free Cash Flow

$7.859B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Revenue	$33.22B	$27.38B	$19.01B	$11.87B	$16.23B	$14.12B	$12.37B	$11.11B	$8.107B	$5.546B	$5.228B	$4.945B	$4.939B	$4.374B	$3.266B	$3.491B	$3.477B	$2.936B	$2.591B	$2.190B	$1.920B	$1.721B
YoY Change	21.34%	43.99%	60.24%	-26.87%	14.89%	14.21%	11.33%	37.01%	46.17%	6.09%	5.72%	0.12%	12.92%	33.93%	-6.45%	0.4%	18.43%	13.32%	18.31%	14.06%	11.56%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Revenue	$33.22B	$27.38B	$19.01B	$11.87B	$16.23B	$14.12B	$12.37B	$11.11B	$8.107B	$5.546B	$5.228B	$4.945B	$4.939B	$4.374B	$3.266B	$3.491B	$3.477B	$2.936B	$2.591B	$2.190B	$1.920B	$1.721B
Cost Of Revenue	$0.00	$8.627B	$6.358B	$4.861B	$4.652B	$3.894B	$3.423B	$3.458B	$2.397B	$1.443B	$1.570B	$1.630B	$0.00	$0.00	$0.00	$0.00	$1.893B	$732.0M	$651.0M	$610.0M	$562.0M	$527.0M
Gross Profit	$33.22B	$18.75B	$12.66B	$7.005B	$11.57B	$10.23B	$8.943B	$7.649B	$5.710B	$4.103B	$3.658B	$3.314B	$4.939B	$4.374B	$3.266B	$3.491B	$1.585B	$2.204B	$1.941B	$1.580B	$1.359B	$1.194B
Gross Profit Margin	100.0%	68.49%	66.56%	59.03%	71.33%	72.43%	72.32%	68.86%	70.43%	73.97%	69.97%	67.02%	100.0%	100.0%	100.0%	100.0%	45.59%	75.07%	74.91%	72.15%	70.78%	69.38%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Selling, General & Admin	$18.10B	$2.652B	$10.17B	$1.197B	$1.780B	$1.488B	$1.302B	$1.066B	$719.6M	$455.8M	$409.0M	$372.0M	$3.295B	$2.814B	$1.972B	$2.043B
YoY Change	582.6%	-73.91%	748.96%	-32.72%	19.62%	14.3%	22.09%	48.16%	57.87%	11.44%	9.95%	-88.71%	17.09%	42.7%	-3.48%
% of Gross Profit	54.48%	14.14%	80.32%	17.09%	15.38%	14.55%	14.55%	13.94%	12.6%	11.11%	11.18%	11.23%	66.71%	64.33%	60.38%	58.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.546B	$2.313B	$2.051B	$2.000B	$1.776B	$1.570B	$1.444B	$1.348B	$1.156B	$925.2M	$883.2M	$827.2M	$944.1M	$879.9M	$828.8M	$798.3M	$754.1M	$717.2M	$617.1M	$554.7M	$519.0M	$494.2M
YoY Change	10.05%	12.82%	2.51%	12.62%	13.16%	8.73%	7.06%	16.6%	24.99%	4.76%	6.77%	-12.38%	7.3%	6.17%	3.82%	5.86%	5.15%	16.22%	11.25%	6.88%	5.02%
% of Gross Profit	7.66%	12.34%	16.2%	28.56%	15.35%	15.35%	16.14%	17.63%	20.25%	22.55%	24.14%	24.96%	19.12%	20.12%	25.38%	22.87%	47.58%	32.54%	31.79%	35.11%	38.19%	41.39%
Operating Expenses	$18.09B	$4.924B	$10.16B	$3.188B	$3.557B	$2.979B	$2.649B	$2.413B	$1.623B	$1.338B	$1.285B	$1.201B	$3.295B	$2.814B	$1.972B	$2.043B	$0.00	$969.0M	$838.0M	$739.0M	$678.0M	$637.0M
YoY Change	267.27%	-51.52%	218.62%	-10.36%	19.4%	12.46%	9.76%	48.71%	21.32%	4.09%	6.99%	-63.55%	17.09%	42.7%	-3.48%		-100.0%	15.63%	13.4%	9.0%	6.44%
Operating Profit	$15.14B	$13.83B	$2.499B	$3.817B	$8.018B	$7.250B	$6.294B	$5.236B	$4.087B	$2.765B	$2.373B	$2.113B	$1.644B	$1.560B	$1.294B	$1.448B	$1.585B	$1.235B	$1.103B	$841.0M	$681.0M	$557.0M
YoY Change	9.47%	453.35%	-34.53%	-52.39%	10.59%	15.19%	20.21%	28.11%	47.82%	16.52%	12.3%	28.53%	5.38%	20.56%	-10.64%	-8.64%	28.34%	11.97%	31.15%	23.49%	22.26%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Interest Expense	-$2.377B	$8.800M	-$1.028B	-$279.9M	$297.9M	$514.2M	$352.8M	-$369.6M	-$339.3M	-$9.961M	-$51.00M	-$21.00M	$63.00M	$38.00M	$58.00M	$198.0M	$92.00M	$29.00M	$12.00M	-$13.00M	$23.00M	$32.00M
YoY Change	-27111.61%	-100.86%	267.2%	-193.96%	-42.06%	45.75%	-195.46%	8.95%	3305.96%	-80.47%	142.86%	-133.33%	65.79%	-34.48%	-70.71%	115.22%	217.24%	141.67%	-192.31%	-156.52%	-28.13%
% of Operating Profit	-15.7%	0.06%	-41.13%	-7.33%	3.72%	7.09%	5.61%	-7.06%	-8.3%	-0.36%	-2.15%	-0.99%	3.83%	2.44%	4.48%	13.67%	5.8%	2.35%	1.09%	-1.55%	3.38%	5.75%
Other Income/Expense, Net		-$2.155B	-$1.483B	-$1.154B	-$969.0M	-$751.2M	-$462.8M	-$245.1M	-$131.2M	$1.971M	$0.00	$7.000M	-$2.000M	$0.00	-$1.000M	$17.00M	$4.000M	$2.000M	-$1.000M	-$4.000M	$0.00	-$55.00M
YoY Change		45.3%	28.48%	19.12%	28.99%	62.31%	88.8%	86.78%	-6758.85%		-100.0%	-450.0%		-100.0%	-105.88%	325.0%	100.0%	-300.0%	-75.0%		-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Pretax Income	$12.76B	$12.28B	$7.829B	$2.386B	$7.346B	$7.008B	$6.172B	$4.620B	$3.618B	$2.757B	$2.322B	$2.099B	$1.698B	$1.596B	$1.340B	$1.670B	$1.680B	$1.266B	$1.113B	$825.0M	$703.0M	$534.0M
YoY Change	3.96%	56.79%	228.17%	-67.52%	4.83%	13.54%	33.58%	27.7%	31.23%	18.74%	10.62%	23.62%	6.39%	19.1%	-19.76%	-0.6%	32.7%	13.75%	34.91%	17.35%	31.65%
Income Tax	$3.072B	$3.090B	$1.786B	$467.1M	$1.891B	$1.869B	$1.441B	$1.267B	$847.3M	$514.6M	$76.00M	$327.0M	$213.0M	$95.00M	$141.0M	$130.0M	$278.0M	$372.0M	$454.0M	$461.0M	$391.0M	$306.0M
% Of Pretax Income	24.07%	25.17%	22.81%	19.58%	25.75%	26.67%	23.34%	27.41%	23.42%	18.66%	3.27%	15.58%	12.54%	5.95%	10.52%	7.78%	16.55%	29.38%	40.79%	55.88%	55.62%	57.3%
Net Earnings	$9.543B	$9.185B	$5.997B	$1.969B	$5.360B	$5.037B	$4.649B	$3.282B	$2.726B	$2.243B	$2.246B	$1.772B	$1.484B	$1.500B	$1.199B	$1.541B	$1.403B	$894.0M	$659.0M	$388.0M	$312.0M	$228.0M
YoY Change	3.89%	53.16%	204.62%	-63.27%	6.41%	8.35%	41.66%	20.39%	21.56%	-0.15%	26.75%	19.41%	-1.07%	25.1%	-22.19%	9.84%	56.94%	35.66%	69.85%	24.36%	36.84%
Net Earnings / Revenue	28.72%	33.55%	31.54%	16.59%	33.03%	35.67%	37.6%	29.55%	33.63%	40.43%	42.96%	35.83%	30.05%	34.29%	36.71%	44.14%	40.35%	30.45%	25.43%	17.72%	16.25%	13.25%
Basic Earnings Per Share
Diluted Earnings Per Share	$18.89	$17.73	$11.71M	$3.746M	$10.20M	$9.584M	$8.846M	$6.244M	$5.187M	$4.266M	$4.238M	$3.337M	$2.795M	$2.674M	$2.137M	$2.747M	$2.501M	$1.594M	$1.175M	$691.6K	$556.1K	$406.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Cash & Short-Term Investments	$12.37B	$13.33B	$14.44B	$7.500B	$6.151B	$7.730B	$5.188B	$2.996B	$1.596B	$2.579B	$2.097B	$2.135B	$2.349B	$2.174B	$1.506B	$1.666B	$1.022B	$899.0M	$1.189B	$1.029B	$1.040B
YoY Change	-7.21%	-7.7%	92.59%	21.93%	-20.42%	49.0%	73.14%	87.81%	-38.13%	22.99%	-1.78%	-9.11%	8.05%	44.36%	-9.6%	63.01%	13.68%	-24.39%	15.55%	-1.06%
Cash & Equivalents	$9.514B	$13.33B	$8.376B	$3.906B	$4.239B	$6.114B	$3.628B	$1.825B	$1.455B	$2.459B	$1.982B	$1.663B	$2.117B	$1.846B	$1.158B	$1.284B	$1.022B	$899.0M	$1.189B	$1.029B	$1.040B
Short-Term Investments
Other Short-Term Assets	$113.9M	$76.58M	$62.70M	$96.31M	$4.530M	$54.07M	$56.21M	$376.0K	$0.00	$3.000M	$3.000M	$278.0M	$234.0M	$280.0M	$275.0M			$19.00M	$0.00
YoY Change	48.67%	22.14%	-34.9%	2025.96%	-91.62%	-3.81%	14850.0%		-100.0%	0.0%	-98.92%	18.8%	-16.43%	1.82%
Inventory
Prepaid Expenses
Receivables	$2.368B	$1.797B	$1.266B	$1.479B	$1.395B	$997.4M	$607.5M	$159.2M	$337.6M	$208.0M	$245.0M	$295.0M	$296.0M	$454.0M	$572.0M	$470.0M	$392.0M	$362.0M	$359.0M	$440.0M	$227.0M
Other Receivables	$658.1M	$1.268B	$1.073B	$291.6M	$288.9M	$198.6M	$146.7M	$230.6M	$124.6M	$82.00M	$114.0M	$177.0M	$144.0M	$262.0M	$377.0M	$177.0M	$232.0M	$0.00	$4.000M	$30.00M	$43.00M
Total Short-Term Assets	$15.51B	$16.40B	$16.85B	$9.367B	$7.840B	$8.980B	$5.999B	$3.387B	$2.063B	$2.872B	$2.459B	$2.886B	$3.023B	$3.170B	$2.730B	$2.313B	$1.646B	$1.281B	$1.552B	$1.499B	$1.310B
YoY Change	-5.4%	-2.66%	79.84%	19.48%	-12.69%	49.7%	77.12%	64.2%	-28.18%	16.8%	-14.8%	-4.53%	-4.64%	16.12%	18.03%	40.52%	28.49%	-17.46%	3.54%	14.43%
Property, Plant & Equipment	$3.986B	$20.93B	$2.170B	$1.940B	$13.16B	$1.656B	$1.630B	$9.103B	$812.7M	$874.0M	$951.0M	$836.0M	$447.0M	$364.0M	$335.0M	$3.181B	$2.362B	$1.841B	$1.337B	$1.126B	$896.0M
YoY Change	-80.96%	864.69%	11.83%	-85.26%	694.98%	1.55%	-82.09%	1020.21%	-7.02%	-8.1%	13.76%	87.02%	22.8%	8.66%	-89.47%	34.67%	28.3%	37.7%	18.74%	25.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments		$32.00K		$114.0K	$35.00K	$11.02M	$21.64M	$92.23M	$0.00
YoY Change				225.71%	-99.68%	-49.08%	-76.54%
Other Assets	$9.944B	$6.456B	$6.650B	$6.030B	$5.707B	$5.670B	$5.528B	$5.002B	$4.929B	$4.795B	$4.263B	$25.67B	$25.42B	$24.85B	$25.08B	$22.03B	$21.51B	$874.0M	$704.0M	$700.0M	$653.0M
YoY Change	54.02%	-2.92%	10.29%	5.65%	0.66%	2.57%	10.51%	1.48%	2.8%	12.48%	-83.39%	0.99%	2.3%	-0.91%	13.82%	2.44%	2360.87%	24.15%	0.57%	7.2%
Total Long-Term Assets	$44.99B	$38.93B	$34.52B	$32.21B	$31.71B	$30.54B	$30.05B	$28.09B	$22.22B	$22.36B	$22.08B	$26.51B	$25.87B	$25.21B	$25.41B	$25.21B	$23.87B	$23.06B	$22.32B	$22.17B	$22.39B
YoY Change	15.59%	12.78%	7.16%	1.58%	3.84%	1.61%	7.0%	26.38%	-0.62%	1.3%	-16.72%	2.47%	2.59%	-0.79%	0.79%	5.63%	3.49%	3.33%	0.67%	-0.99%
Total Assets	$60.51B	$55.32B	$51.36B	$41.58B	$39.55B	$39.52B	$36.05B	$31.47B	$24.29B	$25.24B	$24.53B	$29.39B	$28.89B	$28.38B	$28.14B	$27.53B	$25.52B	$24.35B	$23.87B	$23.67B	$23.70B
YoY Change
Accounts Payable	$1.894B	$4.023B	$952.9M	$735.7M	$730.4M	$784.5M	$693.1M	$437.2M	$228.9M	$246.0M	$310.0M	$479.0M	$406.0M	$268.0M	$381.0M	$363.0M	$179.0M		$105.0M	$55.00M	$121.0M
YoY Change	-52.9%	322.14%	29.52%	0.73%	-6.9%	13.19%	58.52%	91.03%	-6.96%	-20.65%	-35.28%	17.98%	51.49%	-29.66%	4.96%	102.79%			90.91%	-54.55%
Accrued Expenses	$550.6M	$91.98M	$354.9M	$292.9M	$213.4M	$208.2M	$129.8M	$169.0M	$67.46M	$56.00M	$40.00M	$19.00M	$15.00M
YoY Change	498.57%	-74.08%	21.16%	37.25%	2.5%	60.4%	-23.2%	150.53%	20.46%	40.0%	110.53%	26.67%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$86.00M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change															-100.0%
Long-Term Debt Due	$2.272B	$3.977B	$10.72M	$12.58M	$14.51M	$141.4M	$84.76M	$3.529B	$978.5M	$638.0M	$556.0M	$411.0M	$266.0M	$194.0M	$135.0M
YoY Change	-42.86%	37004.97%	-14.79%	-13.32%	-89.74%	66.84%	-97.6%	260.65%	53.38%	14.75%	35.28%	54.51%	37.11%	43.7%
Total Short-Term Liabilities	$6.920B	$9.363B	$5.263B	$4.677B	$2.173B	$2.295B	$1.941B	$4.658B	$1.582B	$1.212B	$1.133B	$1.062B	$904.0M	$612.0M	$674.0M	$600.0M	$267.0M	$233.0M	$186.0M	$102.0M	$179.0M
YoY Change	-26.09%	77.91%	12.53%	115.26%	-5.34%	18.23%	-58.33%	194.41%	30.55%	6.97%	6.69%	17.48%	47.71%	-9.2%	12.33%	124.72%	14.59%	25.27%	82.35%	-43.02%
Long-Term Debt	$32.13B	$23.94B	$21.71B	$14.26B	$13.57B	$13.11B	$9.730B	$2.984B	$740.9M	$1.217B	$1.457B	$1.612B	$1.043B	$856.0M	$665.0M	$493.0M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	34.21%	10.28%	52.23%	5.1%	3.5%	34.75%	226.04%	302.75%	-39.12%	-16.47%	-9.62%	54.55%	21.85%	28.72%	34.89%
Other Long-Term Liabilities	$1.134B	$981.6M	$879.2M	$1.288B	$1.251B	$1.196B	$1.029B	$856.0M	$677.2M	$593.0M	$491.0M	$375.0M	$272.0M	$133.0M	$65.00M	$72.00M	$66.00M	$52.00M	$21.00M	$6.000M	$4.000M
YoY Change	15.52%	11.64%	-31.75%	2.95%	4.67%	16.14%	20.25%	26.42%	14.19%	20.77%	30.93%	37.87%	104.51%	104.62%	-9.72%	9.09%	26.92%	147.62%	250.0%	50.0%
Total Long-Term Liabilities	$33.27B	$24.92B	$22.59B	$15.55B	$14.82B	$14.31B	$10.76B	$3.840B	$1.418B	$1.810B	$1.948B	$1.987B	$1.315B	$989.0M	$730.0M	$565.0M	$66.00M	$52.00M	$21.00M	$6.000M	$4.000M
YoY Change	33.48%	10.33%	45.28%	4.92%	3.6%	32.97%	180.17%	170.8%	-21.65%	-7.08%	-1.96%	51.1%	32.96%	35.48%	29.2%	756.06%	26.92%	147.62%	250.0%	50.0%
Total Liabilities	$41.87B	$36.03B	$29.57B	$21.95B	$18.84B	$18.49B	$14.72B	$10.20B	$3.000B	$3.022B	$3.080B	$3.049B	$2.218B	$1.601B	$1.404B	$1.165B	$332.0M	$285.0M	$207.0M	$108.0M	$183.0M
YoY Change	16.18%	21.87%	34.71%	16.5%	1.9%	25.62%	44.31%	239.95%	-0.72%	-1.88%	1.02%	37.47%	38.54%	14.03%	20.52%	250.9%	16.49%	37.68%	91.67%	-40.98%

Ownership

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Preferred Stock

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Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
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Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $152.35 Billion

About Pacific Airport Group

Grupo Aeroportuario del Pacífico SAB de CV engages in the operation of a international airports in Mexico and Jamaica. The company is headquartered in Guadalajara, Jalisco and currently employs 2,722 full-time employees. The company went IPO on 2006-02-24. de C.V. is a holding company. The firm holds concessions to operate, maintain and develop approximately 10 international airports in the Pacific and Central regions of Mexico, and an international airport in Jamaica. The firm's segments include Guadalajara, Tijuana, Puerto Vallarta, San Jose del Cabo, Montego Bay, Hermosillo, Bajio, Other Airports and Others Companies. The Other Companies segment includes Servicios a la Infraestructura Aeroportuaria del Pacifico, S.A. de C.V. (SIAP), a company that provides technical assistance and professional services; Corporativo de Servicios Aeroportuarios, S.A. de C.V. (CORSA), a company that provides operative services specialized in aeronautical industry; Puerta Cero Parking, S.A. de C.V. (PCP), a company that manages the parking lot operation; Fundacion Grupo Aeroportuario del Pacifico, A.C., and Desarrollo de Concesiones Aeroportuarias, S.L. (DCA), as well as the Company's own operation.

Industry: Airports, Flying Fields & Airport Terminal Services Peers: