PAC vs. ASR

Last updated Jun 23, 2026

PAC (Grupo Aeroportuario del Pacífico, S.A.B. de C.V.) and ASR (Grupo Aeroportuario del Sureste, 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, PAC returned 14.61%/yr vs 10.79%/yr for ASR. A 0.63 correlation means they provide meaningful diversification when combined.

Performance

PAC vs. ASR - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with PAC having a -5.58% return and ASR slightly higher at -5.40%. Over the past 10 years, PAC has outperformed ASR with an annualized return of 14.61%, while ASR has yielded a comparatively lower 10.79% annualized return.

PAC

• 1D: -2.12%
• 1M: 3.54%
• YTD: -5.58%
• 6M: -7.25%
• 1Y: 17.67%
• 3Y*: 16.31%
• 5Y*: 23.42%
• 10Y*: 14.61%

ASR

• 1D: -2.59%
• 1M: 1.38%
• YTD: -5.40%
• 6M: -6.19%
• 1Y: 6.99%
• 3Y*: 9.77%
• 5Y*: 16.85%
• 10Y*: 10.79%

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

PAC vs. ASR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PAC Grupo Aeroportuario del Pacífico, S.A.B. de C.V.	-5.58%	56.30%	4.19%	28.64%	9.79%	29.95%	-6.17%	54.36%	-15.66%	32.15%
ASR Grupo Aeroportuario del Sureste, S. A. B. de C. V.	-5.40%	42.19%	-9.20%	32.09%	16.98%	27.81%	-11.99%	28.79%	-15.64%	26.89%

Correlation

The correlation between PAC and ASR is 0.74, 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	0.74
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 PAC and ASR shifts across timeframes, from 0.63 (all time) to 0.76 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap PAC : $12.58B ASR : $9.01B
EPS PAC : MX$214.01 ASR : MX$327.81
PE Ratio PAC : 20.15 ASR : 15.87
PEG Ratio PAC : 1.23 ASR : 0.80
PS Ratio PAC : 6.63 ASR : 4.16
PB Ratio PAC : 8.48 ASR : 3.71
Total Revenue (TTM) PAC : MX$32.84B ASR : MX$37.47B
Gross Profit (TTM) PAC : MX$10.93B ASR : MX$21.16B
EBITDA (TTM) PAC : MX$20.54B ASR : MX$18.53B

Return for Risk

PAC vs. ASR — Risk / Return Rank

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

PAC

PAC Risk / Return Rank: 57
PAC Sharpe Ratio Rank: 61
PAC Sortino Ratio Rank: 55
PAC Omega Ratio Rank: 53
PAC Calmar Ratio Rank: 58
PAC Martin Ratio Rank: 57

ASR

ASR Risk / Return Rank: 48
ASR Sharpe Ratio Rank: 51
ASR Sortino Ratio Rank: 45
ASR Omega Ratio Rank: 43
ASR Calmar Ratio Rank: 49
ASR Martin Ratio Rank: 49

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.

PAC vs. ASR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) and Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR). 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.

	PAC	ASR	Difference
Sharpe ratio: Return per unit of total volatility	0.57	0.26	+0.31
Sortino ratio: Return per unit of downside risk	0.97	0.58	+0.39
Omega ratio: Gain probability vs. loss probability	1.12	1.06	+0.05
Calmar ratio: Return relative to maximum drawdown	0.68	0.27	+0.41
Martin ratio: Return relative to average drawdown	1.42	0.66	+0.76

PAC vs. ASR - Sharpe Ratio Comparison

The current PAC Sharpe Ratio is 0.57, which is higher than the ASR Sharpe Ratio of 0.26. The chart below compares the historical Sharpe Ratios of PAC and ASR, 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

PAC vs. ASR - Drawdown Comparison

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

Drawdown Indicators

	PAC	ASR	Difference
Max Drawdown Largest peak-to-trough decline	-73.20%	-61.33%	-11.87%
Max Drawdown (1Y) Largest decline over 1 year	-26.19%	-26.13%	-0.06%
Max Drawdown (3Y) Largest decline over 3 years	-42.83%	-31.99%	-10.84%
Max Drawdown (5Y) Largest decline over 5 years	-42.83%	-35.28%	-7.55%
Max Drawdown (10Y) Largest decline over 10 years	-66.65%	-61.33%	-5.32%
Current Drawdown Current decline from peak	-17.14%	-19.74%	+2.60%
Average Drawdown Average peak-to-trough decline	-16.52%	-14.45%	-2.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.49%	10.62%	+1.87%

Volatility

PAC vs. ASR - Volatility Comparison

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) has a higher volatility of 11.18% compared to Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) at 9.72%. This indicates that PAC's price experiences larger fluctuations and is considered to be riskier than ASR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PAC	ASR	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.18%	9.72%	+1.46%
Volatility (6M) Calculated over the trailing 6-month period	25.55%	21.87%	+3.68%
Volatility (1Y) Calculated over the trailing 1-year period	31.20%	26.71%	+4.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.18%	32.58%	+3.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.53%	34.87%	+3.66%

Dividends

PAC vs. ASR - Dividend Comparison

PAC's dividend yield for the trailing twelve months is around 1.79%, less than ASR's 7.31% 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.	7.31%	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.	1.79%	3.33%	4.14%	4.88%	5.02%	4.17%	0.00%	4.99%	6.27%	5.83%	4.50%	3.98%

Financials

PAC vs. ASR - Profitability Comparison

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

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 - 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 - 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 - 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 - 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%.

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%.

Frequently Asked Questions

Can I hold both PAC and ASR in my portfolio?

PAC and ASR have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PAC or ASR?

PAC has higher volatility (11.18%) compared to ASR (9.72%). In terms of maximum drawdown, PAC dropped -73.20% vs ASR's -61.33%.

Which has better risk-adjusted returns?

PAC currently has the higher Sharpe Ratio (0.57 vs 0.26), 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.