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

> Source: Nexqual · https://nexqual.com/PAC · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC), nexqual.com/PAC" · informational, not investment advice.

**Price:** USD 220.29 (-0.57% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 221.55 · day 218.45–224.58 · 52w 192.65–300.41 · market cap $13.1B · NYQ

## Key facts
- Analysts: Buy (mean 2.43 on a 1–5 scale) (7 analysts), mean target USD 246.2 (range 210–277).
- Total return with dividends: 1Y +1.8% vs S&P 500 +14.9%; 5Y +105.8% vs S&P 500 +80.3%.
- Next earnings: 2026-10-20, EPS estimate USD 2.56, revenue estimate $11.9B.

## Analysts
Consensus Buy (mean 2.43 on a 1–5 scale), 7 analysts; mean target USD 246.2 (low 210, high 277).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-05 | HSBC | Upgrade | Hold → Buy | $277 |
| 2026-08-05 | Morgan Stanley | Upgrade | Underweight → Equal-Weight | $210 → $225 |
| 2026-08-04 | Goldman Sachs | Target lowered | Buy | $312 → $275 |
| 2026-07-20 | Citigroup | Upgrade | Neutral → Buy |  |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +1.8% | +105.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +1.8% | +15.5% |
| Volatility (annualized) | 33.6% | 37.3% |
| Max drawdown | -34.6% (Feb 2026→Oct 2026) | -42.3% (Jun 2023→Oct 2023) |

## Peers (Airports & Air Services)
JOBY (Joby Aviation, Inc.) USD 4.7 +1.29% · CAAP (Corporacion America Airports SA) USD 24.44 -3.89% · NSC (Norfolk Southern Corporation) USD 338.23 +3.09% · HWM (Howmet Aerospace Inc.) USD 193.29 -7.14% · NOC (Northrop Grumman Corporation) USD 552.35 +2.42% · ITW (Illinois Tool Works Inc.) USD 279.24 +0.88%

## More
Full page: https://nexqual.com/PAC · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in PAC's own 20-F filed 2026-04-17 (https://www.sec.gov/Archives/edgar/data/1347557/000119312526161714/pac-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Mexico | "This restriction limits the number of airlines providing domestic service in Mexico; thus, we expect to generate a significant portion of our revenue from domestic travel with a limited number of airlines." |
| Customer | Priority Pass | "Our largest commercial customers in terms of revenues paid to us were Priority Pass, Inc. (VIP Lounge;" |
| Partner | Banco Santander Mexico | "On November 7, 2023, we signed a 12-month loan agreement with Banco Santander Mexico, S.A., ("Santander") for Ps.1.5 billion." |
| Partner | BBVA Bancomer | "On June 20, 2024, we signed a simple credit agreement with BBVA México, S.A., for Ps.875.0 million, maturing in 12 months, bearing interest at a variable rate of 28-day TIIE plus 20 basis points, with payment of principa…" |
| Partner | Bank of Nova Scotia Jamaica | "On December 28, 2017, we entered into a seven-year unsecured loan agreement with The Bank of Nova Scotia Jamaica Limited and The Bank of Nova Scotia for U.S.$40.0 million, with a monthly interest rate of SOFR plus 285 ba…" |
| Partner | MBJ Airports | "In 2021, MBJA requested a further deferral to execute the Capital Development Program until we reach an agreement with the AAJ for the rebalancing petition filed in December 2020." |
| Partner | Otay-Tijuana Venture | "The agreement with OTV was negotiated at arm's length, reported to our Audit and Corporate Practices Committee, and approved by a majority of our independent directors during a board meeting held on February 26, 2013." |
| Partner | Aeropuertos | "This business combination will be carried out through the merger of various entities into GAP, including, among others, Aeropuertos Mexicanos del Pacífico, S.A.P.I. de C.V. (AMP), our current strategic partner." |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-12-31) | $2.56 | $0.00 | — | $11.92B | 1 |
| Next quarter (ends 2027-03-31) | $2.87 | $0.00 | — | $12.15B | 1 |
| Current fiscal year (ends 2026-12-31) | $11.38 | $13.88 | -18.0% | $46.22B | 2 |
| Next fiscal year (ends 2027-12-31) | $12.66 | $14.82 | -14.5% | $51.47B | 2 |