Grupo Aeroportuario del Pacífico S.A.B. de C.V (G9N) - Net Assets
Based on the latest financial reports, Grupo Aeroportuario del Pacífico S.A.B. de C.V (G9N) has net assets worth €28.20 Billion EUR (≈ $32.97 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€100.52 Billion ≈ $117.52 Billion USD) and total liabilities (€72.32 Billion ≈ $84.55 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible net worth ratio of Grupo Aeroportuario del Pacífico S.A.B. to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €28.20 Billion |
| % of Total Assets | 28.06% |
| Annual Growth Rate | 1.15% |
| 5-Year Change | 21.57% |
| 10-Year Change | N/A |
| Growth Volatility | 8.05 |
Grupo Aeroportuario del Pacífico S.A.B. de C.V - Net Assets Trend (2016–2025)
This chart illustrates how Grupo Aeroportuario del Pacífico S.A.B. de C.V's net assets have evolved over time, based on quarterly financial data. See G9N cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Grupo Aeroportuario del Pacífico S.A.B. de C.V (2016–2025)
The table below shows the annual net assets of Grupo Aeroportuario del Pacífico S.A.B. de C.V from 2016 to 2025. For live valuation and market cap data, see market cap of Grupo Aeroportuario del Pacífico S.A.B. .
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €24.84 Billion ≈ $29.04 Billion |
+0.87% |
| 2024-12-31 | €24.62 Billion ≈ $28.79 Billion |
+17.56% |
| 2023-12-31 | €20.94 Billion ≈ $24.49 Billion |
+5.63% |
| 2022-12-31 | €19.83 Billion ≈ $23.18 Billion |
-2.94% |
| 2021-12-31 | €20.43 Billion ≈ $23.88 Billion |
-10.61% |
| 2020-12-31 | €22.85 Billion ≈ $26.72 Billion |
+10.56% |
| 2019-12-31 | €20.67 Billion ≈ $24.16 Billion |
-5.06% |
| 2018-12-31 | €21.77 Billion ≈ $25.45 Billion |
-1.38% |
| 2017-12-31 | €22.08 Billion ≈ $25.81 Billion |
-1.46% |
| 2016-12-31 | €22.40 Billion ≈ $26.19 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Grupo Aeroportuario del Pacífico S.A.B. de C.V's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 119.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €18.70 Billion | 83.20% |
| Other Components | €3.78 Billion | 16.80% |
| Total Equity | €22.47 Billion | 100.00% |
Grupo Aeroportuario del Pacífico S.A.B. de C.V Competitors by Market Cap
The table below lists competitors of Grupo Aeroportuario del Pacífico S.A.B. de C.V ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pentair PLC
NYSE:PNR
|
$12.15 Billion |
|
Taiwan Cooperative Financial Holding Co Ltd
TW:5880
|
$12.15 Billion |
|
BANKINTER ADR 2007 EO-30
F:BAK
|
$12.16 Billion |
|
NIO INC. CL. A DL -00025
F:N3I
|
$12.17 Billion |
|
Goertek Inc
SHE:002241
|
$12.13 Billion |
|
Pro Medicus Ltd
AU:PME
|
$12.13 Billion |
|
ageas SA/NV
BR:AGS
|
$12.13 Billion |
|
AGNC Investment Corp.
NASDAQ:AGNC
|
$12.12 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grupo Aeroportuario del Pacífico S.A.B. de C.V's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 22,345,799,000 to 22,470,451,000, a change of 124,652,000 (0.6%).
- Net income of 9,565,171,000 contributed positively to equity growth.
- Dividend payments of 8,508,872,000 reduced retained earnings.
- Other factors decreased equity by 931,647,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €9.57 Billion | +42.57% |
| Dividends Paid | €8.51 Billion | -37.87% |
| Other Changes | €-931.65 Million | -4.15% |
| Total Change | €- | 0.56% |
Book Value vs Market Value Analysis
This analysis compares Grupo Aeroportuario del Pacífico S.A.B. de C.V's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.68x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5.55x to 4.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €37.48 | €208.00 | x |
| 2018-12-31 | €36.91 | €208.00 | x |
| 2019-12-31 | €34.99 | €208.00 | x |
| 2020-12-31 | €41.46 | €208.00 | x |
| 2021-12-31 | €37.65 | €208.00 | x |
| 2022-12-31 | €36.89 | €208.00 | x |
| 2023-12-31 | €39.15 | €208.00 | x |
| 2024-12-31 | €44.22 | €208.00 | x |
| 2025-12-31 | €44.47 | €208.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grupo Aeroportuario del Pacífico S.A.B. de C.V utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 42.57%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.10%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 3.92x
- Recent ROE (42.57%) is above the historical average (30.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 15.38% | 29.55% | 0.31x | 1.69x | €1.15 Billion |
| 2017 | 22.11% | 37.60% | 0.31x | 1.88x | €2.55 Billion |
| 2018 | 24.32% | 35.67% | 0.36x | 1.91x | €2.97 Billion |
| 2019 | 27.31% | 33.03% | 0.39x | 2.12x | €3.40 Billion |
| 2020 | 8.80% | 16.17% | 0.23x | 2.36x | €-260.58 Million |
| 2021 | 31.33% | 31.78% | 0.34x | 2.87x | €4.11 Billion |
| 2022 | 49.28% | 33.55% | 0.45x | 3.25x | €7.32 Billion |
| 2023 | 48.24% | 28.72% | 0.49x | 3.41x | €7.56 Billion |
| 2024 | 38.54% | 25.62% | 0.41x | 3.65x | €6.38 Billion |
| 2025 | 42.57% | 23.10% | 0.47x | 3.92x | €7.32 Billion |
Industry Comparison
This section compares Grupo Aeroportuario del Pacífico S.A.B. de C.V's net assets metrics with peer companies in the Airports & Air Services industry.
Industry Context
- Industry: Airports & Air Services
- Average net assets among peers: $24,382,749,744
- Average return on equity (ROE) among peers: 12.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grupo Aeroportuario del Pacífico S.A.B. de C.V (G9N) | €28.20 Billion | 15.38% | 2.56x | $12.14 Billion |
| TAV HAVALIMAN.HLDG ADR/4 (5THA) | $1.61 Billion | 3.15% | 2.12x | $2.31 Billion |
| AENA SME UNSP.ADR/1/10 (A440) | $5.56 Billion | -8.55% | 1.85x | $37.50 Billion |
| Grupo Aeroportuario del Sureste SAB de CV ADR (AEDA) | $22.75 Billion | 15.95% | 0.28x | $8.75 Billion |
| Beijing Capital International Airport Company Limited (BJ1) | $24.96 Billion | 9.69% | 0.39x | $371.32 Million |
| Fraport AG (FRA) | $2.95 Billion | 8.09% | 2.27x | $6.51 Billion |
| FRAPORT AG ADR 2/1 O.N. (FRAS) | $4.13 Billion | 3.20% | 3.26x | $6.49 Billion |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (G7A) | $10.54 Billion | 46.74% | 1.58x | $4.32 Billion |
| Hainan Meilan International Airport Company Limited (HAO) | $2.67 Billion | 12.81% | 1.12x | $132.64 Million |
| Airports of Thailand Public Company Limited (NYVQ) | $144.27 Billion | 17.45% | 0.30x | $18.86 Billion |
About Grupo Aeroportuario del Pacífico S.A.B. de C.V
Grupo Aeroportuario del Pacífico, S.A.B. de C.V., together with its subsidiaries, develops, operates, and manages airports in Mexico and Jamaica. The company operates twelve international airports in the Pacific and Central region of Mexico; and two international airports in Jamaica. It also offers aeronautical services, such as passenger, aircraft landing, parking charges, leasing of space to th… Read more