PACNYSEAirports, Flying Fields & Airport Terminal ServicesFiscal year ends December 31Also trades as GPAEF
Pacific Airport Group
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 17, 2026
$203.09−0.81 (-0.40%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2014 to 2025
Gross margin
–
Operating margin
42.5%+10.3 pts over 5 years
Net margin
23.1%+6.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +23.2% | +14.8% | +28.4% | +17.7% | |
| Operating income | +16.8% | +8.4% | +35.7% | +15.7% | |
| Net income | +11.1% | +2.0% | +37.2% | +13.4% | |
| EPS, diluted | +11.1% | +2.2% | -65.3% | +13.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 15.4% | 9.5% | 42.7% | |
| Return on assets | 9.7% | 4.2% | 11.3% | |
| Current ratio | 3.09 | 3.20 | 0.91 | |
| Debt to equity | 0.22 | 0.41 | 0.62 | |
| Net debt to EBITDA | -0.09× | -0.96× | 0.16× | |
| Interest coverage | 13.7× | 2.5× | 3.9× | |
| Diluted shares | 526M | 525.58B | 505.28B |
Cash use needs five years of cash flow figures
Pacific Airport does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin23.1%
×Asset turnover0.49×
×Equity multiplier3.79×
=Return on equity, FY202542.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 23.1% | 0.49× | 3.79× | 42.7% |
| FY2024 | 25.6% | 0.45× | 3.54× | 40.9% |
| FY2023 | 28.7% | 0.52× | 3.33× | 49.7% |
| FY2022 | 32.9% | 0.47× | 3.05× | 47.5% |
| FY2021 | 31.5% | 0.36× | 2.60× | 29.2% |
| FY2020 | 16.6% | 0.26× | 2.24× | 9.5% |
| FY2019 | 33.0% | 0.40× | 2.01× | 26.6% |
| FY2018 | 35.7% | 0.36× | 1.89× | 24.1% |
| FY2017 | 37.6% | 0.33× | 1.78× | 21.9% |
| FY2016 | 29.5% | 0.33× | 1.58× | 15.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero9.57B MXN
- Cash generatingOperating cash flow above zero18.25B MXN
- Return on assets improvedROA up on the prior year12.8% → 11.7%
- Earnings backed by cashOperating cash flow above net income18.25B MXN vs 9.57B MXN
- Less leverageLong-term debt to assets fell5.0% → 5.6%
- Better liquidityCurrent ratio rose0.85 → 0.91
- No dilutionShare count did not rise505.28B → 505.28B
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.50 → 0.51