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Mexican airport operator running 9 airports in southeast Mexico (including Cancun), plus airports in Colombia and Puerto Rico.
Mexican airport operator running 9 airports in southeast Mexico (including Cancun), plus airports in Colombia and Puerto Rico.
Airlines and passengers pay airport charges within maximum rates the regulator resets every five years, while shops, parking, car rental and advertising add a commercial line. Tourism makes Cancun the dominant earner, with the other Mexican airports far smaller. All run under time-limited government concessions, and San Juan and Colombia reduce reliance on Mexico.
Moat: wide (regulatory licence, installed base). Long-term government airport concessions, anchored by tourist-heavy Cancun, are effectively regional monopolies.
Headquarters: Cancun, Mexico · Founded: 1998 · Employees: 1,950
Size Grupo Aeroportuario del Sureste SAB de CV Sponsored ADR (ASR) is a United States Industrials company (Other Transportation) with a market value of $7.95B, the 890th largest of 3,117 United States companies the cockpit tracks. Shares closed at $263.81 on 6 Nov 2026.
Performance Over six months the shares fell 14.6%, against +1.1% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue grew 25.7% over the last twelve months (peer median +9.6%); the operating margin is 40.9% (peer median 20.7%).
Valuation It trades at 12.2× forward earnings against a peer median of 16.8× (5th cheapest of 19).
Price implies For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +27%, so the hurdle is -29 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.0 points above its cost of capital (6.4% WACC).
Short interest Short interest is 0.9% of the free float (15 Oct 2026).
Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $2.26B | $1.94B | $1.71B | $1.46B | $1.26B |
| Revenue growth | — | +13% | +17% | +16% | — |
| Gross profit | $949M | $903M | $973M | $877M | $727M |
| EBITDA | $1.13B | $1.05B | $1.08B | $976M | $816M |
| Net income | $566M | $546M | $739M | $575M | $496M |
| Free cash flow | n/a | $240M | $639M | $688M | $499M |
| Capital expenditure | n/a | $407M | $240M | $77.3M | $138M |
| Total debt | $4.85B | $1.98B | $644M | $723M | $781M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Grupo Aeroportuario del Sureste SAB de CV Sponsored ADR ASR | $7.95B | -15% | +26% | 41% | 12.2× | -2.3% |
| Grupo Aeroportuario del Pacifico SAB de CV Sponsored ADR PAC | $14.5B | +1% | +20% | 44% | 17.1× | 8.2% |
| Grupo Aeroportuario del Centro Norte SAB de CV Sponsored ADR OMAB | $5.21B | +2% | +21% | 53% | 13.2× | -5.1% |
| Corporacion America Airports CAAP | $4.00B | -3% | +16% | 23% | 9.6× | -6.3% |
| Aena SME AENA.MC | $47.6B | +21% | +11% | 46% | 18.1× | 7.0% |
| Fraport FRA.DE | $7.09B | +1% | +3% | 19% | 21.2× | 6.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ASR | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +14.5% | +8.1% | 6th highest of 21 |
| 6-month return | -14.6% | +1.1% | 2nd lowest of 21 |
| Distance from 52-week high | -30.9% | -18.2% | 3rd lowest of 21 |
| Revenue growth (TTM) | +25.7% | +9.6% | 3rd highest of 21 |
| Operating margin | 40.9% | 20.7% | 3rd highest of 21 |
| Forward P/E | 12.2× | 16.8× | 5th cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | -2.3% | 4.7% | 6th least demanding of 16 |
| Growth delivered (Del g) | +27.0% | +16.9% | 4th highest of 16 |
| Hurdle (Req g minus delivered) | -29.3 pp | -15.2 pp | 2nd least demanding of 16 |
| ROIC minus cost of capital | +4.0 pp | -0.1 pp | 5th highest of 21 |
| EV / EBITDA | 10.7× | 12.1× | 5th cheapest of 11 |
| Net debt / EBITDA | 3.3× | 3.0× | 5th most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Grupo Aeroportuario del Sureste SAB de CV Sponsored ADR ASR | United States | $7.95B | -15% | +26% | 41% | 12.2× | -2.3% | +27.0% |
| Flughafen Zurich FHZN.SW | Switzerland | $7.94B | -3% | +4% | 35% | 20.3× | 0.3% | +16.9% |
| Shandong Hi-speed 600350.SS | China | $8.06B | +4% | -4% | 20% | 18.0× | 4.7% | +13.0% |
| Qingdao Port International 6198.HK | Hong Kong | $8.84B | -1% | +10% | 32% | 8.0× | -12.2% | +6.5% |
| Fraport FRA.DE | Germany | $7.09B | +1% | +3% | 19% | 21.2× | 6.3% | +21.5% |
| China Merchants Port 0144.HK | Hong Kong | $8.93B | +5% | +14% | 38% | 9.3× | 4.1% | +8.3% |
| Hankyu Hanshin 9042.T | Japan | $7.03B | +3% | +6% | 10% | 13.2× | n/a | n/a |
| StandardAero SARO | United States | $9.14B | +10% | +13% | 10% | 16.4× | 10.9% | +13.5% |
| Shanghai International Airport 600009.SS | China | $9.22B | -9% | +7% | 19% | 23.7× | -2.6% | +25.4% |
| Jiangsu Expressway 0177.HK | Hong Kong | $9.54B | +6% | +8% | 26% | 10.1× | n/a | n/a |
| Kobenhavns Lufthavne A/S KBHL.CO | Denmark | $6.60B | -6% | +9% | 34% | n/a | 6.7% | +28.5% |
| Lyft LYFT | United States | $6.47B | +19% | +11% | -2% | 21.9× | -6.1% | +21.7% |
| China Merchants Expressway Network & Technology 001965.SZ | China | $10.6B | +10% | +26% | 15% | 14.6× | 6.7% | +13.7% |
| GMR Airports GMRAIRPORT.NS | India | $11.1B | -2% | +29% | 27% | 296.2× | n/a | n/a |
| Tokyo Metro 9023.T | Japan | $5.31B | -8% | +3% | 21% | 16.5× | 4.8% | +7.4% |
| Grupo Aeroportuario del Centro Norte SAB de CV Sponsored ADR OMAB | United States | $5.21B | +2% | +21% | 53% | 13.2× | -5.1% | +27.2% |
| Zhejiang Expressway 0576.HK | Hong Kong | $4.86B | -13% | +18% | 33% | 5.9× | n/a | n/a |
| Aeroports de Paris ADP.PA | France | $13.0B | +9% | +5% | 18% | 18.1× | 11.5% | +25.7% |
| Hainan Airport Infrastructure 600515.SS | China | $4.56B | -26% | +25% | -5% | 133.0× | n/a | n/a |
| Liaoning Port 601880.SS | China | $4.54B | -10% | -3% | 21% | n/a | -10.7% | -1.3% |
| Grupo Aeroportuario del Pacifico SAB de CV Sponsored ADR PAC | United States | $14.5B | +1% | +20% | 44% | 17.1× | 8.2% | +31.3% |