Grupo Aeroportuario del Pacífico S.A.B. de C.V (GAPB) - Net Assets

Latest as of September 2025: MX$23.34 Billion MXN

Based on the latest financial reports, Grupo Aeroportuario del Pacífico S.A.B. de C.V (GAPB) has net assets worth MX$23.34 Billion MXN as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$82.91 Billion) and total liabilities (MX$59.56 Billion). 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.

Key Net Assets Metrics

Metric	Value
Current Net Assets	MX$23.34 Billion
% of Total Assets	28.16%
Annual Growth Rate	0.21%
5-Year Change	7.74%
10-Year Change	11.13%
Growth Volatility	6.88

Grupo Aeroportuario del Pacífico S.A.B. de C.V - Net Assets Trend (2002–2024)

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. Explore and compare other companies by net assets.

Annual Net Assets for Grupo Aeroportuario del Pacífico S.A.B. de C.V (2002–2024)

The table below shows the annual net assets of Grupo Aeroportuario del Pacífico S.A.B. de C.V from 2002 to 2024.

Year	Net Assets	Change
2024-12-31	MX$24.62 Billion	+17.56%
2023-12-31	MX$20.94 Billion	+5.63%
2022-12-31	MX$19.83 Billion	-2.94%
2021-12-31	MX$20.43 Billion	-10.61%
2020-12-31	MX$22.85 Billion	+10.56%
2019-12-31	MX$20.67 Billion	-5.06%
2018-12-31	MX$21.77 Billion	-1.38%
2017-12-31	MX$22.08 Billion	-1.46%
2016-12-31	MX$22.40 Billion	+1.12%
2015-12-31	MX$22.16 Billion	+4.09%
2014-12-31	MX$21.29 Billion	-4.17%
2013-12-31	MX$22.21 Billion	+3.54%
2012-12-31	MX$21.45 Billion	-18.56%
2011-12-31	MX$26.34 Billion	-1.23%
2010-12-31	MX$26.67 Billion	-0.41%
2009-12-31	MX$26.78 Billion	+0.16%
2008-12-31	MX$26.74 Billion	+1.43%
2007-12-31	MX$26.36 Billion	+4.68%
2006-12-31	MX$25.18 Billion	+4.67%
2005-12-31	MX$24.06 Billion	+1.67%
2004-12-31	MX$23.67 Billion	+0.44%
2003-12-31	MX$23.56 Billion	+0.18%
2002-12-31	MX$23.52 Billion	--

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 1119.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	MX$16.96 Billion	75.89%
Other Components	MX$5.39 Billion	24.11%
Total Equity	MX$22.35 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
Waaree Energies Limited NSE:WAAREEENER	$10.78 Billion
TMX Group Limited TO:X	$10.79 Billion
Applied Industrial Technologies NYSE:AIT	$10.80 Billion
Zhejiang Zheneng Electric Power Co Ltd SHG:600023	$10.81 Billion
Alcoa Corp NYSE:AA	$10.77 Billion
Sonova H Ag SW:SOON	$10.75 Billion
Shandong Nanshan Aluminium Co Ltd SHG:600219	$10.74 Billion
LARGAN Precision Co Ltd TW:3008	$10.73 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 2023 to 2024, total equity changed from 19,781,783,000 to 22,345,799,000, a change of 2,564,016,000 (13.0%).
Net income of 8,612,157,000 contributed positively to equity growth.
Dividend payments of 7,003,146,000 reduced retained earnings.
Other factors increased equity by 955,005,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	MX$8.61 Billion	+38.54%
Dividends Paid	MX$7.00 Billion	-31.34%
Other Changes	MX$955.00 Million	+4.27%
Total Change	MX$-	12.96%

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: 9.85x
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 11.63x to 9.85x 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	MX$37.48	MX$435.82	x
2018-12-31	MX$36.91	MX$435.82	x
2019-12-31	MX$34.99	MX$435.82	x
2020-12-31	MX$41.46	MX$435.82	x
2021-12-31	MX$37.65	MX$435.82	x
2022-12-31	MX$36.89	MX$435.82	x
2023-12-31	MX$39.15	MX$435.82	x
2024-12-31	MX$44.22	MX$435.82	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): 38.54%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 25.62%
• Asset Turnover: 0.41x
• Equity Multiplier: 3.65x
Recent ROE (38.54%) is above the historical average (17.01%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	2.74%	25.42%	0.11x	1.01x	MX$-1.75 Billion
2006	3.55%	30.47%	0.12x	1.01x	MX$-1.62 Billion
2007	5.32%	40.34%	0.13x	1.04x	MX$-1.23 Billion
2008	5.76%	44.14%	0.12x	1.05x	MX$-1.13 Billion
2009	4.48%	36.72%	0.12x	1.06x	MX$-1.48 Billion
2010	5.62%	40.36%	0.13x	1.08x	MX$-1.17 Billion
2011	5.64%	38.04%	0.13x	1.12x	MX$-1.15 Billion
2012	8.26%	40.51%	0.18x	1.14x	MX$-373.29 Million
2013	10.11%	46.92%	0.19x	1.14x	MX$24.96 Million
2014	10.54%	42.60%	0.22x	1.14x	MX$113.93 Million
2015	12.81%	37.51%	0.23x	1.48x	MX$598.62 Million
2016	15.38%	29.55%	0.31x	1.69x	MX$1.15 Billion
2017	22.11%	37.60%	0.31x	1.88x	MX$2.55 Billion
2018	24.32%	35.67%	0.36x	1.91x	MX$2.97 Billion
2019	27.31%	33.03%	0.39x	2.12x	MX$3.40 Billion
2020	8.80%	16.17%	0.23x	2.36x	MX$-260.58 Million
2021	31.33%	31.78%	0.34x	2.87x	MX$4.11 Billion
2022	49.28%	33.55%	0.45x	3.25x	MX$7.32 Billion
2023	48.24%	28.72%	0.49x	3.41x	MX$7.56 Billion
2024	38.54%	25.62%	0.41x	3.65x	MX$6.38 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.

No peer company data available for comparison.

About Grupo Aeroportuario del Pacífico S.A.B. de C.V

MX:GAPB Mexico Airports & Air Services

Market Cap

$10.77 Billion

MX$187.18 Billion MXN

Market Cap Rank

#1938 Global

#26 in Mexico

Share Price

MX$435.82

Change (1 day)

+2.43%

52-Week Range

MX$377.81 - MX$511.07

All Time High

MX$511.07