ASR vs. PAC

Last updated Jun 24, 2026

ASR (Grupo Aeroportuario del Sureste, S. A. B. de C. V.) and PAC (Grupo Aeroportuario del Pacífico, S.A.B. de C.V.) are both stocks. Both operate in the Airports & Air Services industry within the Industrials sector. Over the past 10 years, ASR returned 10.63%/yr vs 14.39%/yr for PAC. A 0.63 correlation means they provide meaningful diversification when combined.

Performance

ASR vs. PAC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) and Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASR achieves a -6.73% return, which is significantly higher than PAC's -7.41% return. Over the past 10 years, ASR has underperformed PAC with an annualized return of 10.63%, while PAC has yielded a comparatively higher 14.39% annualized return.

ASR

• 1D: -1.41%
• 1M: -0.05%
• YTD: -6.73%
• 6M: -8.95%
• 1Y: 5.16%
• 3Y*: 9.25%
• 5Y*: 15.74%
• 10Y*: 10.63%

PAC

• 1D: -1.94%
• 1M: 1.54%
• YTD: -7.41%
• 6M: -10.48%
• 1Y: 14.04%
• 3Y*: 15.55%
• 5Y*: 22.43%
• 10Y*: 14.39%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ASR vs. PAC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ASR Grupo Aeroportuario del Sureste, S. A. B. de C. V.	-6.73%	42.19%	-9.20%	32.09%	16.98%	27.81%	-11.99%	28.79%	-15.64%	26.89%
PAC Grupo Aeroportuario del Pacífico, S.A.B. de C.V.	-7.41%	56.30%	4.19%	28.64%	9.79%	29.95%	-6.17%	54.36%	-15.66%	32.15%

Correlation

The correlation between ASR and PAC is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.75
Correlation (All Time) Calculated using the full available price history since Feb 27, 2006	0.63

The correlation between ASR and PAC shifts across timeframes, from 0.63 (all time) to 0.76 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ASR : $8.88B PAC : $12.33B
EPS ASR : MX$327.81 PAC : MX$214.01
PE Ratio ASR : 15.69 PAC : 19.82
PEG Ratio ASR : 0.79 PAC : 1.21
PS Ratio ASR : 4.12 PAC : 6.52
PB Ratio ASR : 3.67 PAC : 8.34
Total Revenue (TTM) ASR : MX$37.47B PAC : MX$32.84B
Gross Profit (TTM) ASR : MX$21.16B PAC : MX$10.93B
EBITDA (TTM) ASR : MX$18.53B PAC : MX$20.54B

Return for Risk

ASR vs. PAC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ASR

ASR Risk / Return Rank: 46
ASR Sharpe Ratio Rank: 50
ASR Sortino Ratio Rank: 43
ASR Omega Ratio Rank: 41
ASR Calmar Ratio Rank: 47
ASR Martin Ratio Rank: 48

PAC

PAC Risk / Return Rank: 54
PAC Sharpe Ratio Rank: 58
PAC Sortino Ratio Rank: 52
PAC Omega Ratio Rank: 50
PAC Calmar Ratio Rank: 55
PAC Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ASR vs. PAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) and Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ASR	PAC	Difference
Sharpe ratio: Return per unit of total volatility	0.19	0.45	-0.26
Sortino ratio: Return per unit of downside risk	0.48	0.83	-0.34
Omega ratio: Gain probability vs. loss probability	1.05	1.10	-0.05
Calmar ratio: Return relative to maximum drawdown	0.20	0.54	-0.34
Martin ratio: Return relative to average drawdown	0.48	1.12	-0.64

ASR vs. PAC - Sharpe Ratio Comparison

The current ASR Sharpe Ratio is 0.19, which is lower than the PAC Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of ASR and PAC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ASR vs. PAC - Drawdown Comparison

The maximum ASR drawdown since its inception was -61.33%, smaller than the maximum PAC drawdown of -73.20%. Use the drawdown chart below to compare losses from any high point for ASR and PAC.

Drawdown Indicators

	ASR	PAC	Difference
Max Drawdown Largest peak-to-trough decline	-61.33%	-73.20%	+11.87%
Max Drawdown (1Y) Largest decline over 1 year	-26.13%	-26.19%	+0.06%
Max Drawdown (3Y) Largest decline over 3 years	-31.99%	-42.83%	+10.84%
Max Drawdown (5Y) Largest decline over 5 years	-35.28%	-42.83%	+7.55%
Max Drawdown (10Y) Largest decline over 10 years	-61.33%	-66.65%	+5.32%
Current Drawdown Current decline from peak	-20.87%	-18.74%	-2.13%
Average Drawdown Average peak-to-trough decline	-14.45%	-16.52%	+2.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.70%	12.54%	-1.84%

Volatility

ASR vs. PAC - Volatility Comparison

The current volatility for Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) is 9.80%, while Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) has a volatility of 11.02%. This indicates that ASR experiences smaller price fluctuations and is considered to be less risky than PAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASR	PAC	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.80%	11.02%	-1.22%
Volatility (6M) Calculated over the trailing 6-month period	21.90%	25.47%	-3.57%
Volatility (1Y) Calculated over the trailing 1-year period	26.70%	31.20%	-4.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.56%	36.19%	-3.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.83%	38.50%	-3.67%

Dividends

ASR vs. PAC - Dividend Comparison

ASR's dividend yield for the trailing twelve months is around 7.41%, more than PAC's 1.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASR Grupo Aeroportuario del Sureste, S. A. B. de C. V.	7.41%	12.61%	4.68%	3.86%	3.18%	2.00%	0.00%	2.80%	2.29%	0.05%	0.05%	0.52%
PAC Grupo Aeroportuario del Pacífico, S.A.B. de C.V.	1.83%	3.33%	4.14%	4.88%	5.02%	4.17%	0.00%	4.99%	6.27%	5.83%	4.50%	3.98%

Financials

ASR vs. PAC - Profitability Comparison

The chart below illustrates the profitability comparison between Grupo Aeroportuario del Sureste, S. A. B. de C. V. and Grupo Aeroportuario del Pacífico, S.A.B. de C.V. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ASR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Sureste, S. A. B. de C. V. reported a gross profit of 4.86B and revenue of 9.02B. Therefore, the gross margin over that period was 53.9%.

PAC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. reported a gross profit of 6.29B and revenue of 11.37B. Therefore, the gross margin over that period was 55.3%.

ASR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Sureste, S. A. B. de C. V. reported an operating income of 4.77B and revenue of 9.02B, resulting in an operating margin of 52.9%.

PAC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. reported an operating income of 5.04B and revenue of 11.37B, resulting in an operating margin of 44.4%.

ASR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Sureste, S. A. B. de C. V. reported a net income of 2.86B and revenue of 9.02B, resulting in a net margin of 31.8%.

PAC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. reported a net income of 3.31B and revenue of 11.37B, resulting in a net margin of 29.1%.

Frequently Asked Questions

Can I hold both ASR and PAC in my portfolio?

ASR and PAC have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ASR or PAC?

PAC has higher volatility (11.02%) compared to ASR (9.80%). In terms of maximum drawdown, ASR dropped -61.33% vs PAC's -73.20%.

Which has better risk-adjusted returns?

PAC currently has the higher Sharpe Ratio (0.45 vs 0.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.