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

NYSE: PACAssets, liabilities, debt and equity over 10 years.

PAC balance sheet, 2025

December 31, 2025 · Mexican pesos

MX$88.14B assets = MX$63.30B liabilities + MX$24.84B equity

Both columns are drawn to the same scale: what PAC owns equals what it owes plus shareholders’ equity. Hover a block for its value.

PAC financial health

Current ratio0.91

Tight · current assets cover current liabilities 0.91×

Debt / equity2.08

High leverage · MX$2.08 of debt for each $1 of equity

Equity / assets25.5%

Balanced · of assets funded by shareholders

Cash / debt22.4%

Low cash cover · cash & short-term investments vs total debt

Goodwill & intangibles63.7%

Mostly intangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

PAC balance sheet trends, 2016–2025

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. balance sheet trends
Metric	Then	Latest	Change
Total assets	MX$36.05B2016	MX$88.14B2025	+10.4%/yr
Total liabilities	MX$13.65B2016	MX$63.30B2025	+18.6%/yr
Shareholders’ equity	MX$21.33B2016	MX$22.47B2025	+0.6%/yr
Cash & short-term investments	MX$5.19B2016	MX$10.45B2025	+8.1%/yr
Total debt	MX$9.81B2016	MX$46.66B2025	+18.9%/yr
Net cash (debt)	−MX$4.63B2016	−MX$36.21B2025	−MX$31.6B
Working capital	MX$4.06B2016	−MX$1.42B2025	−MX$5.5B
Current ratio	3.092016	0.912025	−2.18
Debt / equity	0.462016	2.082025	+1.62
Shares outstanding	52.6M2016	50.5M2025	−0.4%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

PAC assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

PAC liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

PAC debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

PAC balance sheet in Mexican pesos

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash & short-term investments	MX$10.45B	MX$13.47B	MX$10.06B	MX$12.37B	MX$13.33B	MX$14.44B	MX$397.2M	MX$6.15B	MX$7.73B	MX$5.19B
Cash & equivalents	MX$10.45B	MX$13.47B	MX$10.06B	MX$12.37B	MX$13.33B	MX$14.44B	MX$397.2M	MX$6.15B	MX$7.73B	MX$5.19B
Short-term investments	—	MX$166,000	—	—	—	—	MX$0	MX$0	MX$0	MX$0
Receivables	MX$3.49B	MX$2.70B	MX$3.50B	MX$3.03B	MX$2.99B	MX$2.34B	MX$93.8M	MX$1.62B	MX$1.20B	MX$754.2M
Inventory	MX$0	MX$0	MX$0	MX$0	MX$0	MX$1	MX$0	MX$1	MX$1	MX$1
Other current assets	MX$1.28B	MX$1.29B	MX$150.1M	MX$113.9M	MX$76.6M	MX$62.7M	MX$5.1M	MX$73.2M	MX$54.1M	MX$56.2M
Total current assets	MX$15.22B	MX$17.46B	MX$13.71B	MX$15.51B	MX$16.40B	MX$16.85B	MX$496.1M	MX$7.84B	MX$8.98B	MX$6.00B
Property, plant & equipment (net)	MX$4.62B	MX$4.85B	MX$4.60B	MX$3.93B	MX$3.09B	MX$2.15B	MX$115.5M	MX$1.91B	MX$1.66B	MX$1.63B
Goodwill & intangible assets	MX$56.16B	MX$49.70B	MX$39.24B	MX$31.06B	MX$28.39B	MX$25.69B	MX$1.28B	MX$23.82B	MX$23.20B	MX$22.87B
Long-term investments	MX$0	MX$0	MX$0	MX$0	MX$0	MX$0	MX$114,000	MX$35,000	MX$11.0M	MX$21.6M
Other non-current assets	MX$12.13B	MX$9.64B	MX$9.90B	MX$10.00B	MX$7.44B	MX$6.67B	MX$306.4M	MX$5.98B	MX$5.67B	MX$5.53B
Total assets	MX$88.14B	MX$81.65B	MX$67.44B	MX$60.51B	MX$55.32B	MX$51.36B	MX$2.20B	MX$39.55B	MX$39.52B	MX$36.05B
Liabilities
Accounts payable	MX$4.23B	MX$3.24B	MX$1.92B	MX$1.98B	MX$2.85B	MX$1.01B	MX$39.0M	MX$871.7M	MX$811.4M	MX$875.5M
Short-term debt	—	MX$14.00B	MX$7.84B	MX$2.27B	MX$3.98B	MX$2.67B	MX$117.2M	MX$14.5M	MX$141.4M	MX$84.8M
Deferred revenue	—	MX$90.9M	MX$87.6M	MX$106.4M	MX$104.3M	MX$128.2M	MX$7.5M	MX$139.6M	MX$108.9M	MX$70.2M
Total current liabilities	MX$16.64B	MX$20.45B	MX$12.09B	MX$6.92B	MX$9.36B	MX$5.26B	MX$247.6M	MX$2.17B	MX$2.30B	MX$1.94B
Long-term debt	MX$43.97B	MX$34.03B	MX$32.78B	MX$32.13B	MX$23.94B	MX$21.71B	MX$14.26B	MX$13.57B	MX$13.11B	MX$9.73B
Lease obligations	MX$95.9M	MX$40.0M	MX$52.7M	MX$61.6M	MX$59.0M	MX$26.2M	MX$37.2M	MX$48.2M	MX$0	MX$0
Other long-term liabilities	MX$2.69B	MX$2.55B	MX$1.64B	MX$1.62B	MX$1.59B	MX$1.53B	MX$0	MX$2.04B	MX$2.03B	MX$1.98B
Total liabilities	MX$63.30B	MX$57.03B	MX$46.50B	MX$40.68B	MX$34.89B	MX$28.51B	MX$1.11B	MX$17.78B	MX$17.44B	MX$13.65B
Shareholders' equity
Common stock & paid-in capital	MX$1.19B	MX$1.19B	MX$8.20B	MX$8.20B	MX$170.4M	MX$6.19B	MX$327.5M	MX$7.78B	MX$9.03B	MX$10.78B
Retained earnings (deficit)	MX$18.93B	MX$17.88B	MX$8.79B	MX$9.19B	MX$13.93B	MX$11.91B	MX$526.4M	MX$9.55B	MX$9.00B	MX$7.56B
Treasury stock	—	—	—	—	−MX$3.00B	−MX$1.73B	−MX$1.73B	−MX$1.73B	−MX$1.73B	−MX$1.73B
Accumulated other comprehensive income	MX$2.34B	MX$3.27B	MX$2.80B	MX$3.25B	MX$8.19B	MX$5.43B	MX$277.3M	MX$5.11B	MX$4.73B	MX$4.73B
Minority interest	MX$2.37B	MX$2.28B	MX$1.16B	MX$1.19B	—	—	MX$0	MX$0	MX$0	MX$0
Total shareholders' equity	MX$22.47B	MX$22.35B	MX$19.78B	MX$18.64B	MX$19.29B	MX$21.79B	MX$1.04B	MX$20.71B	MX$21.03B	MX$21.33B
Key figures
Total debt	MX$46.66B	MX$48.03B	MX$40.62B	MX$34.41B	MX$27.92B	MX$24.38B	MX$872.4M	MX$13.58B	MX$13.25B	MX$9.81B
Net cash (debt)	−MX$36.21B	−MX$34.56B	−MX$30.57B	−MX$22.04B	−MX$14.59B	−MX$9.94B	−MX$475.2M	−MX$7.43B	−MX$5.52B	−MX$4.63B
Working capital	−MX$1.42B	−MX$2.99B	MX$1.62B	MX$8.59B	MX$7.03B	MX$11.58B	MX$248.4M	MX$5.67B	MX$6.69B	MX$4.06B
Tangible book value	−MX$33.69B	−MX$27.35B	−MX$19.46B	−MX$12.43B	−MX$9.11B	−MX$3.90B	−MX$244.2M	−MX$3.11B	−MX$2.17B	−MX$1.54B
Shares outstanding	50.5M	50.5M	50.5M	50.8M	51.9M	52.6M	52.6M	52.6M	52.6M	52.6M
Current ratio	0.91	0.85	1.13	2.24	1.75	3.20	2.00	3.61	3.91	3.09
Quick ratio	0.84	0.79	1.12	2.23	1.74	3.19	1.98	3.58	3.89	3.06
Debt / equity	2.08	2.15	2.05	1.85	1.45	1.12	0.84	0.66	0.63	0.46
Equity / assets	25.5%	27.4%	29.3%	30.8%	34.9%	42.4%	47.2%	52.4%	53.2%	59.2%

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	MX$19.77B	MX$23.19B	MX$10.45B	MX$636.5M	MX$9.70B	MX$16.23B	MX$13.47B	MX$15.83B	MX$688.2M	MX$694.4M	MX$10.06B	MX$14.45B
Cash & equivalents	MX$19.77B	MX$23.19B	MX$10.45B	MX$636.5M	MX$9.70B	MX$16.23B	MX$13.47B	MX$15.83B	MX$688.2M	MX$694.4M	MX$10.06B	MX$14.45B
Short-term investments	—	—	—	—	—	—	MX$166,000	—	—	—	—	—
Receivables	MX$3.37B	MX$3.41B	MX$3.49B	MX$239.6M	MX$3.15B	MX$3.33B	MX$2.70B	MX$2.37B	MX$191.5M	MX$241.6M	MX$2.25B	MX$2.06B
Inventory	MX$0	MX$0	MX$0	MX$0	MX$0	MX$0	MX$0	MX$6.7M	MX$0	MX$0	MX$0	MX$1
Other current assets	MX$1.92B	MX$1.23B	MX$1.28B	MX$0	MX$1.15B	MX$1.20B	MX$1.29B	MX$1.32B	MX$281,371	MX$51,139	MX$1.40B	MX$1.33B
Total current assets	MX$25.07B	MX$27.82B	MX$15.22B	MX$876.2M	MX$14.00B	MX$20.75B	MX$17.46B	MX$19.52B	MX$880.1M	MX$936.0M	MX$13.71B	MX$17.84B
Property, plant & equipment (net)	MX$53.33B	MX$18.93B	MX$4.52B	MX$368.1M	MX$4.62B	MX$4.66B	MX$4.85B	MX$4.53B	MX$338.1M	MX$395.2M	MX$35.01B	MX$3.80B
Goodwill & intangible assets	MX$86.42B	MX$41.45B	MX$55.76B	MX$2.76B	MX$49.28B	MX$49.45B	MX$49.70B	MX$43.75B	MX$2.27B	MX$2.35B	MX$38.84B	MX$37.25B
Long-term investments	MX$0	MX$0	MX$0	MX$0	MX$0	MX$0	MX$0	MX$0	MX$0	MX$0	MX$0	MX$0
Other non-current assets	MX$0	MX$12.32B	MX$12.63B	MX$515.0M	MX$9.95B	MX$9.05B	MX$9.64B	MX$11.43B	MX$519.2M	MX$493.1M	MX$0	MX$9.71B
Total assets	MX$140.37B	MX$100.52B	MX$88.14B	MX$4.52B	MX$77.86B	MX$83.91B	MX$81.65B	MX$79.24B	MX$4.01B	MX$4.18B	MX$67.44B	MX$68.61B
Liabilities
Accounts payable	MX$2.80B	—	MX$4.23B	MX$58.9M	MX$1.06B	MX$1.27B	MX$3.24B	MX$1.53B	MX$53.4M	MX$62.8M	MX$1.92B	MX$1.02B
Short-term debt	MX$12.94B	—	—	MX$497.1M	MX$7.20B	MX$13.29B	MX$14.00B	MX$12.57B	MX$649.4M	MX$561.4M	MX$7.84B	MX$7.84B
Deferred revenue	MX$373.5M	—	—	—	—	—	MX$90.9M	—	MX$544.1M	MX$87.6M	MX$87.6M	−MX$71.9M
Total current liabilities	MX$29.91B	MX$18.61B	MX$16.64B	MX$679.3M	MX$14.92B	MX$17.60B	MX$20.45B	MX$20.39B	MX$1.24B	MX$771.4M	MX$12.09B	MX$14.62B
Long-term debt	MX$52.73B	MX$0	MX$43.97B	MX$44.12B	MX$39.18B	MX$36.28B	MX$34.03B	MX$35.47B	MX$0	MX$0	MX$32.74B	MX$33.06B
Lease obligations	—	—	MX$95.9M	—	—	—	MX$40.0M	—	—	—	MX$52.7M	—
Other long-term liabilities	MX$2.46B	MX$53.71B	MX$2.69B	MX$0	MX$2.82B	MX$2.71B	MX$2.55B	MX$1.94B	MX$1.74B	MX$2.02B	MX$1.68B	MX$1.84B
Total liabilities	MX$85.11B	MX$72.32B	MX$63.30B	MX$3.25B	MX$56.92B	MX$56.58B	MX$57.03B	MX$57.80B	MX$2.98B	MX$2.79B	MX$46.50B	MX$49.52B
Shareholders' equity
Common stock & paid-in capital	MX$1.41B	MX$1.19B	MX$1.19B	MX$65.2M	MX$1.19B	MX$1.19B	MX$1.19B	MX$1.19B	MX$65.3M	MX$493.2M	MX$8.20B	MX$8.20B
Retained earnings (deficit)	MX$13.28B	MX$21.87B	MX$18.93B	MX$1.08B	MX$14.40B	MX$19.71B	MX$17.88B	MX$14.88B	MX$897.7M	MX$854.2M	MX$8.79B	MX$7.56B
Accumulated other comprehensive income	−MX$533.4M	MX$2.63B	MX$2.34B	MX$7.0M	MX$3.09B	MX$4.15B	MX$3.27B	MX$4.11B	MX$5.5M	−MX$29.0M	MX$2.80B	MX$2.07B
Minority interest	MX$2.61B	MX$2.50B	MX$2.37B	MX$2.30B	MX$2.35B	—	—	—	—	—	—	—
Total shareholders' equity	MX$52.66B	MX$25.70B	MX$22.47B	MX$1.15B	MX$18.68B	MX$25.05B	MX$22.35B	MX$20.19B	MX$968.5M	MX$1.32B	MX$19.78B	MX$17.83B
Key figures
Total debt	MX$65.67B	MX$46.66B	MX$46.66B	MX$2.90B	MX$46.20B	MX$49.39B	MX$48.03B	MX$48.06B	MX$2.28B	MX$2.44B	MX$34.41B	MX$40.90B
Net cash (debt)	−MX$45.89B	−MX$23.47B	−MX$36.21B	−MX$2.27B	−MX$36.51B	−MX$33.17B	−MX$34.56B	−MX$32.24B	−MX$1.59B	−MX$1.75B	−MX$24.36B	−MX$26.45B
Working capital	−MX$4.85B	MX$9.22B	−MX$1.42B	MX$196.9M	−MX$915.5M	MX$3.16B	−MX$2.99B	−MX$864.8M	−MX$359.9M	MX$164.6M	MX$1.62B	MX$3.23B
Tangible book value	−MX$33.76B	−MX$15.75B	−MX$33.29B	−MX$1.62B	−MX$30.60B	−MX$24.40B	−MX$27.35B	−MX$23.56B	−MX$1.30B	−MX$1.04B	−MX$19.06B	−MX$19.41B
Shares outstanding	59.5M	50.5M	50.5M	50.5M	50.5M	50.5M	50.5M	50.5M	50.5M	57.7M	50.5M	50.5M
Current ratio	0.84	1.50	0.91	1.29	0.94	1.18	0.85	0.96	0.71	1.21	1.13	1.22
Quick ratio	0.77	1.43	0.84	1.29	0.86	1.11	0.79	0.89	0.71	1.21	1.02	1.13
Debt / equity	1.25	1.82	2.08	2.53	2.47	1.97	2.15	2.38	2.35	1.85	1.74	2.29
Equity / assets	37.5%	25.6%	25.5%	25.4%	24.0%	29.8%	27.4%	25.5%	24.2%	31.5%	29.3%	26.0%

Quarterly columns are labeled by the month the quarter ended. Figures in Mexican pesos as reported (latest annual report filed April 17, 2026); data from EODHD.

PAC financial position

At the end of fiscal 2025 (December 31, 2025), Grupo Aeroportuario del Pacífico, S.A.B. de C.V. had total assets of MX$88.1 billion (up 7.9% from a year earlier), total liabilities of MX$63.3 billion and shareholders' equity of MX$22.5 billion. It held MX$10.5 billion in cash and short-term investments against MX$46.7 billion of debt, net debt of MX$36.2 billion. Its current ratio was 0.91. In the latest quarter (ended June 30, 2026) total assets were MX$140.4 billion and equity MX$52.7 billion.

Related: PAC income statement. See the PAC stock overview for the latest quote and news.

PAC balance sheet FAQ

What are Grupo Aeroportuario del Pacífico, S.A.B. de C.V.'s total assets?

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. reported total assets of MX$88.1 billion at the end of fiscal 2025 (December 31, 2025), compared with MX$81.7 billion a year earlier.

How much debt does Grupo Aeroportuario del Pacífico, S.A.B. de C.V. have?

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. had MX$46.7 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 2.08.

How much cash does Grupo Aeroportuario del Pacífico, S.A.B. de C.V. have?

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. held MX$10.5 billion in cash and short-term investments at the end of fiscal 2025; with MX$46.7 billion of debt that is net debt of MX$36.2 billion.

What is Grupo Aeroportuario del Pacífico, S.A.B. de C.V.'s book value?

Grupo Aeroportuario del Pacífico, S.A.B. de C.V.'s shareholders' equity (book value) was MX$22.5 billion at the end of fiscal 2025.

What is Grupo Aeroportuario del Pacífico, S.A.B. de C.V.'s current ratio?

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. had current assets of MX$15.2 billion and current liabilities of MX$16.6 billion, a current ratio of 0.91 (current liabilities exceed current assets).

How much goodwill does Grupo Aeroportuario del Pacífico, S.A.B. de C.V. have?

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. carried MX$56.2 billion of goodwill and intangible assets, 63.7% of total assets, at the end of fiscal 2025.